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Topic: [ANN]WORX [WORX] PoS | Masternode | Bounties | high ROI - page 2. (Read 3992 times)

hero member
Activity: 1274
Merit: 511
90% of dev who left a project dump their premine coins and do scam-exit but not on worx
it's too bad he had to left this project but it shows his serious and the current team keep going good job
i can't wait to see the whitepaper and price fly
newbie
Activity: 20
Merit: 0
Hello fellow Freelancer’s,
We have a few announcements that we want to share with everyone regarding the team and status of the project. We are very excited by the news that we are releasing to everyone and hope you find this information just as exciting as we do. To start with we would like to welcome @burning01, @coleus, @fireseal, @crypto-dev, and @🦇「MafiaCat」「女神」「既婚」🦇 to the team. @burning01 and @coleus are joining us as Moderators and Advisors to the project, @fireseal is joining us as the Marketing Manager, and @crypto-dev and :bat:「MafiaCat」「女神」「既婚」:bat: are joining the team as Lead Developers. In the coming weeks we will be updating the website to include information regarding the team and their backgrounds as well as a whitepaper that will cover everything surrounding the project.
The original developer @worx-dev has had to step down from the project due to some personal reasons. He has transferred his premine holdings to @!🤴🏽Mr Grow🤴🏽!  and asked us to continue the project. We plan on doing that and hope that we can welcome him back in the near future. The new lead developers are hard at work and we hope to share some good results soon!
Lastly, we have been performing a large amount of testing and analysis regarding the block reward system and have found that the last week voted system will become extremely problematic down the road, especially with users who do not update. We evaluated other projects that are successful as well as extrapolated what we are currently doing and found that one of the largest problems facing us is a possible oversupply condition in the market which will drive prices down. For this reason, we are implementing a few changes. First, the following block reward structure will be implemented:
Phase 3   28801-57600      8 WORX   80%   20% Current
Phase 4   57601-86400     12 WORX   80%   20% reached in 2 days
Phase 5   86401-115200    16 WORX   80%   20% reached in 24 days
Phase 6   115201-144000   20 WORX   80%   20% reached in 44 days
Phase 7   144001-172800   24 WORX   80%   20% reached in 64 days
Phase 8   172800-infinity 28 WORX   80%   20% reached in 84 days

As you can see it is the original one as we have removed the phase 9. The logic behind it: reward increases with the increased number of masternodes thereby ROI remains the same for a long time without creating an oversupply in the time.

Secondly, we will be implementing a voting system. As we grow and develop the project we will constantly be analyzing the market conditions. If we detect any possible issues, we will decide on what needs to be changed and present a few options for the masternodes to vote on. The outcome of the vote will help determine the final decision that is made and the wallets will then be updated as needed. We hope that with this new process we can bring transparency to what we are doing, attract new investors while maintaining ROI for current investors, and grow the project into something that truly captures the vision that is the block chain.

As always we welcome all your comments, questions, and suggestions!

Worx Team
newbie
Activity: 20
Merit: 0
 We would like to introduce you the new WORX team members: @🦇「MafiaCat」「女神」「既婚」🦇 and  @crypto-dev . They will help with the freelance website, payment gateway and other technical addons in the future. Let's give them a warm welcome and wish them: May the Force be with you :-)
full member
Activity: 348
Merit: 119
Phase 9 with significant drop of reward may cause panic sell of mn holders.. Can anyone put some pros of such approach being made by devteam?

exactly soixantedix

From WORX discord channel - https://discordapp.com/invite/eqKh3wA

"Inspired by discussions over the last two days with @burning01, @coleus and @Robine about the reward distribution system of WORX coin we would like the whole community to vote @here whether you support a change to a flexible reward system.
For now, the rewards would remain as they currently are (block reward of 8 WORX with the same POS/MN split) and would not be increased at the previously determined block height milestones.
As the number of masternodes and the demand grow, we will have another vote to increase block rewards.
The proposed changes aim to stabilize the price, increase financial security for all coin holders and thus make WORX a better choice for new investors.

The benefits of this flexible ROI scheme:
- coin price stability
- investment security
- higher coin price even at lower emission rates
- increased interest for new investors due to financial security

The voting will be 72 hours from now. If you want to know how we came to this proposal, please read the discussion and the theoretically and practically well-grounded facts outlined by @burning01 in #suggestions."
if you reduce it now , you will penalise all recent mn holder , they have math with the previous reward/block, older holder have ever roi, dont forget this point, if you want to be fair for everyones and for new supporter.

for me the only problem are the phase 7, 8 and 9 , to big and to low.

to stabilize the price , you need at least 3 exchanges fast

an other option to keep reward raise like planned, is to request collateral higher at same time , this is a good reward for early investor , and force everyMN holder to sell low quantity and keep price growing, to anticipate the next collateral grow.
i spend many many time to learn about everything in the crypto world from more than 3 years now . I got pleasure to give advice , and never suggest anything before thinking about it seriously
dont know if dev will take this point , but hope for them , that a free and serious advice .
member
Activity: 518
Merit: 11
Phase 9 with significant drop of reward may cause panic sell of mn holders.. Can anyone put some pros of such approach being made by devteam?
hero member
Activity: 1274
Merit: 511
as MN holder who want long success for this coin
i think phase duration is too short, its around 20 days
it would be better like this
Phase 1   1431-1440             2 WORX   80%   20%
Phase 2   1441-28800           4 WORX   80%   20%
Phase 3   28801-57600         8 WORX   80%   20%  (current)
Phase 4   57601-115200     12 WORX   80%   20%
Phase 5   115201-172800   16 WORX   80%   20%
Phase 6   172801-229800   20 WORX   80%   20%
Phase 7   229801-286800   16 WORX   80%   20%
full member
Activity: 348
Merit: 119
From WORX discord channel - https://discordapp.com/invite/eqKh3wA

"Inspired by discussions over the last two days with @burning01, @coleus and @Robine about the reward distribution system of WORX coin we would like the whole community to vote @here whether you support a change to a flexible reward system.
For now, the rewards would remain as they currently are (block reward of 8 WORX with the same POS/MN split) and would not be increased at the previously determined block height milestones.
As the number of masternodes and the demand grow, we will have another vote to increase block rewards.
The proposed changes aim to stabilize the price, increase financial security for all coin holders and thus make WORX a better choice for new investors.

The benefits of this flexible ROI scheme:
- coin price stability
- investment security
- higher coin price even at lower emission rates
- increased interest for new investors due to financial security

The voting will be 72 hours from now. If you want to know how we came to this proposal, please read the discussion and the theoretically and practically well-grounded facts outlined by @burning01 in #suggestions."
if you reduce it now , you will penalise all recent mn holder , they have math with the previous reward/block, older holder have ever roi, dont forget this point, if you want to be fair for everyones and for new supporter.

for me the only problem are the phase 7, 8 and 9 , to big and to low.

to stabilize the price , you need at least 3 exchanges fast
newbie
Activity: 20
Merit: 0
From WORX discord channel - https://discordapp.com/invite/eqKh3wA

"Inspired by discussions over the last two days with @burning01, @coleus and @Robine about the reward distribution system of WORX coin we would like the whole community to vote @here whether you support a change to a flexible reward system.
For now, the rewards would remain as they currently are (block reward of 8 WORX with the same POS/MN split) and would not be increased at the previously determined block height milestones.
As the number of masternodes and the demand grow, we will have another vote to increase block rewards.
The proposed changes aim to stabilize the price, increase financial security for all coin holders and thus make WORX a better choice for new investors.

The benefits of this flexible ROI scheme:
- coin price stability
- investment security
- higher coin price even at lower emission rates
- increased interest for new investors due to financial security

The voting will be 72 hours from now. If you want to know how we came to this proposal, please read the discussion and the theoretically and practically well-grounded facts outlined by @burning01 in #suggestions."
newbie
Activity: 20
Merit: 0
profit will be too low compare to last reward of 28 , that simple to understand

I got your point. Thanks for the reply. I guess that will depend also on the price and the usage of the coin :-)
full member
Activity: 348
Merit: 119
profit will be too low compare to last reward of 28 , that simple to understand
newbie
Activity: 20
Merit: 0
because of the block reward or else? If Infinity bothers you I think you misunderstand it - Infinity until reaching the max supply is the right meaning

Phase 1   1431-1440   2 WORX   80%   20%
Phase 2   1441-28800   4 WORX   80%   20%
Phase 3   28801-57600   8 WORX   80%   20%
Phase 4   57601-86400   12 WORX   80%   20%
Phase 5   86401-115200   16 WORX   80%   20%
Phase 6   115201-144000   20 WORX   80%   20%
Phase 7   144001-172800   24 WORX   80%   20%
Phase 8   172801-201600   28 WORX   80%   20%
Phase 9   201601-Infinity   4 WORX   80%   20% <<<--- this will result with a massive sell of MN and a price close to 0.

if its not a miss click , it s a very bad choice from team

no the low reward is the problem, you'll see , most of holder will sold massively before that block.
i was thinking about get an MN , but when i see that , i stop hesitate , and clearly i wont.

Why you think so. Explain, please.
full member
Activity: 348
Merit: 119
because of the block reward or else? If Infinity bothers you I think you misunderstand it - Infinity until reaching the max supply is the right meaning

Phase 1   1431-1440   2 WORX   80%   20%
Phase 2   1441-28800   4 WORX   80%   20%
Phase 3   28801-57600   8 WORX   80%   20%
Phase 4   57601-86400   12 WORX   80%   20%
Phase 5   86401-115200   16 WORX   80%   20%
Phase 6   115201-144000   20 WORX   80%   20%
Phase 7   144001-172800   24 WORX   80%   20%
Phase 8   172801-201600   28 WORX   80%   20%
Phase 9   201601-Infinity   4 WORX   80%   20% <<<--- this will result with a massive sell of MN and a price close to 0.

if its not a miss click , it s a very bad choice from team

no the low reward is the problem, you'll see , most of holder will sold massively before that block.
i was thinking about get an MN , but when i see that , i stop hesitate , and clearly i wont.
newbie
Activity: 20
Merit: 0
because of the block reward or else? If Infinity bothers you I think you misunderstand it - Infinity until reaching the max supply is the right meaning

Phase 1   1431-1440   2 WORX   80%   20%
Phase 2   1441-28800   4 WORX   80%   20%
Phase 3   28801-57600   8 WORX   80%   20%
Phase 4   57601-86400   12 WORX   80%   20%
Phase 5   86401-115200   16 WORX   80%   20%
Phase 6   115201-144000   20 WORX   80%   20%
Phase 7   144001-172800   24 WORX   80%   20%
Phase 8   172801-201600   28 WORX   80%   20%
Phase 9   201601-Infinity   4 WORX   80%   20% <<<--- this will result with a massive sell of MN and a price close to 0.

if its not a miss click , it s a very bad choice from team
newbie
Activity: 20
Merit: 0
Yesterday it was really excited day. We saw so much positive energy and desire WORX to succeed. We would like to recognize and praise @everyone  who participated in the auctions and dedicated their time to WORX no matter in which time zone they were at that time :-)
@CryptoVault, @SurgutClub , @MtnViking , @prvj , @cahndase , @Mike - Crypto Doji, @suhayl , @TR , @Robine , @crypto_hazo , @acidkage , @Shambles , @maretone , @cryptobob , @kev88 , @Nipolas , @johndought , @fish01 , @theolangsnoer , @Lepich , @picknspew , @easymonkey , @JonSnow . Special thanks to @coleus  for the PATRON idea :-).
And because of their passion and effort, we decided to reward each of them with a modest gift - small airdrop of 5 WORX coins.
Thanks again:-)

WORX has applied to CryptoBridge today :-)
full member
Activity: 348
Merit: 119
Phase 1   1431-1440   2 WORX   80%   20%
Phase 2   1441-28800   4 WORX   80%   20%
Phase 3   28801-57600   8 WORX   80%   20%
Phase 4   57601-86400   12 WORX   80%   20%
Phase 5   86401-115200   16 WORX   80%   20%
Phase 6   115201-144000   20 WORX   80%   20%
Phase 7   144001-172800   24 WORX   80%   20%
Phase 8   172801-201600   28 WORX   80%   20%
Phase 9   201601-Infinity   4 WORX   80%   20% <<<--- this will result with a massive sell of MN and a price close to 0.

if its not a miss click , it s a very bad choice from team
newbie
Activity: 20
Merit: 0
Everyone. The core team of WORX is announcing one-time MasterNodes auctions dedicated to raising fund for CryptoBridge listing. There will be 15 MasterNodes auctions with starting price from 0,037 BTC. One MasterNode is considered as 1002 WORX coins. We welcome everyone to participate thus to support us to succeed with listing the WORX coin at CryptoBridge.
Auctions' rules:
- all the auctions will be conducted at WORX DISCORD channel #auctions - direct link https://discord.gg/h7h2Ke
- 1st auction will start on 06.06.2018 at 09:00 CEST and will be closed at 12:00 CEST
- if there is ongoing bidding after 12:00 CEST the bidding will continue until only one remains. We reserve the right to end the auction and announce the winner at our discretion after 12:00 CEST
- the participants must be ready to settle the payments up to 30 minutes after the auction ends. If after 30 minutes no payment is made, the next best bid will be won (under the same conditions - payout in the frame for the next 30 minutes).
- write only bids at the dedicated channel without any comments
- only BTC is accepted

The next auction will be announced as soon as the 1st one has ended and so on for the next auctions

For more information contact the members of the core team

Good luck to everyone and thank you for supporting WORX
newbie
Activity: 148
Merit: 0
$1, lol.
You are likely over-valued WORX, and extremely optimistic about real potential of WORX.
However, best wishes for your dream to be rich.
I have 6600 WORX now and I will not sell them before we hit 1 Dollar... In my opinion the project behind the coin has a lot of potential! Smiley
newbie
Activity: 6
Merit: 0
masternode roi is quite impressive https://masternodes.online/currencies/WORX/
10% interest per day.
hope it's not another scam

it's because block reward increased from 4 to 8 worx
the roi will gonna decrease in few days
after it's still the same problem, if peoples dont sell under 10K sat there won't be plenty of MN and the price will be stable
but if they dump then there will are a lot MN and the price will stay low

I have 6600 WORX now and I will not sell them before we hit 1 Dollar... In my opinion the project behind the coin has a lot of potential! Smiley
newbie
Activity: 190
Merit: 0
If you dont have enough coins or skills to run you own MN, use MY service

Join the shared masternode service NAB_PROJECT_SHARED_MN

- service commission is only 2% of the income
- 1 seat = 5% of MN
- No setup fee
- Collateral lock time 7 days
- easy to get in, easy to get out
- fully transparent work
- Weekly payout(Saturday) or reinvest available

Join MY discord channel
https://discord.gg/cmBseGk
hero member
Activity: 1274
Merit: 511
Any active node for the wallet ?

you should be able to sync with thoses nodes

addnode=94.177.175.191:3300
addnode=209.240.237.60:29328
addnode=23.95.226.107:29328
addnode=54.37.215.39:29328
addnode=45.64.254.98:3300
addnode=36.82.98.131:35403
addnode=149.28.132.154:33250
addnode=45.77.50.235:36236
addnode=149.28.167.36:3300
addnode=45.76.126.88:3300
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