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Topic: [BOUNTY][ICO] Meridian Ⓜ️ | DIGITAL COLLATERAL 🚀 47 BTC Raised! - page 4. (Read 28086 times)

full member
Activity: 212
Merit: 110
Preliminary Listing: https://forkdelta.github.io/#!/trade/MDN-ETH

Twitter Bounty Distribution Date: 7 March 2018

Further Details and distribution dates to be Provided in our next Weekly Update
member
Activity: 252
Merit: 11
OPEN GAMING PLATFORM
full member
Activity: 212
Merit: 110







Meridian Weekly Update #8

Charged with the task of building solid infrastructure around Meridian, we want to take this opportunity to bring our supporters, investors, partners and all other interested parties up to speed on the current state of affairs.

Within this article, we will be touching on the points that we feel are most significant and paramount to the overall success of Meridian — as well as introducing those of you who are new to the project to the key ideologies that underpin both the Meridian Loans Platform (MLP) which is currently undergoing development, and our MDN tokens.

As part of this article, you will also find a recap of key events that have taken place so far — you will also be presented with details of the key events that are due to occur in the future.







Important Statistics

During our initial crowdsale, 75 Million MDN tokens were made available for purchase.

As it stands today, there are approximately 360,000 MDN tokens being held by more than 200 individuals who are not official members of the Meridian team.

These individuals referenced above are mainly those who made purchases during our initial crowdsale.

Full distribution of tokens to our crowdsale participants was a process that we began on Tuesday, 28 November 2017.

Completion of distribution was achieved by Monday, 4 December 2017.

During this period, the total amount of MDN tokens in existence was 125 Million.

However - our pledge to crowdsale participants was that we would burn all MDN tokens that were left unsold during our ICO.

We kept our promise.

As a result, we deployed a brand new ERC20 contract on Friday, 12 January 2018 – forcing a supply contraction from our initial 125 Million tokens, down to our current 51 Million MDN total supply.

Distribution of these brand new MDN tokens to Crowdsale participants began on Friday, 12 January 2018 – and, ended on Monday, 29 January 2018.

As it stands today, vital statistics are as follows:

Total Supply: 51,000,000 MDN

In Circulation: 360,000 MDN (approx.)

Bounty Reserve: 1,000,000 MDN (to be distributed 7 days following exchange placement)

The implication of the above statistics is that once distribution is completed in full, the total amount of MDN tokens in circulation will have inflated to approximately 1,360,000 MDN – held by approx. 700 individuals who are not members of the Meridian team.

The remaining sum (49,640,000 MDN) will be held in reserve by the Meridian team.

Please click the following link to see how the above reserves will be allotted: https://goo.gl/K3hxwT








Exchanges

As things stand currently, we are engaged in negotiation procedures – relating specifically to the official opening of MDN/BTC trading pairs on ‘suitable’ platforms.

Exchanges have a lot to offer this project – we all have at least a ground level awareness of what ‘some’ exchanges bring to the table. But, let’s make no mistake - the Meridian team also has a lot to bring to the table.

There is a symbiotic relationship between an asset and its exchange.

Specifically, the amount of volume an asset is able to attract – whether from its developers and/or from the public – ultimately adds to the overall long-term profitability of its exchange.

There are some assets that do huge numbers during ICO stages, but then put on lacklustre performances once listed on a trading platform.

It all boils down to incentive.

Before anything, there are important questions that must be asked.

First – what ‘incentive’ does the everyday, typical crypto currency user have to purchase a particular asset?

Second – what ‘incentive’ do the developers of that particular asset have to ensure its long-term financial viability?

These questions must be asked – because it is becoming increasingly apparent that most ICO developers are just that. ICO developers.

This forces yet another question relating to incentive.

What ‘incentive’ do the developers of a digital asset have to ensure its long-term financial viability, when they have already raised $20 Million during Initial Coin Offering?

For most of these individuals – this is job done. They have invested in and built an ICO, which has produced a return of tens of millions of dollars. Why then would they continue the toil of managing a digital asset thereby adding to the overall revenue of an exchange?

Again, there is a difference between ICO developers and Altcoin developers.

The main difference is one that relates specifically to time-span.

An ICO developer is not looking long into the future with any form of optimism – for him, he wants to be in and out of the ICO market “while the cake is still warm.”

Nobody ‘plans’ to go into a market that has become saturated to the point where it is impossible to achieve even a 1:1 return on investment. Therefore – there is an urgency among ICO developers to strike while the proverbial iron is still hot.

All of which has no bearing on the long-term financial viability of the ‘asset’ (not ICO) which they are bringing to the table.

Meridian is an asset that is tailored to reach long into the future. If you haven’t already, then you are urged to read our whitepaper: https://goo.gl/8LTJDH

Through the Meridian Loans Platform (MLP), there is a form of incentive that will forever be embedded into MDN tokens – specifically, users of MLP will not be able to derive any benefit from the platform without first being in possession of an MDN balance, which must be purchased from an exchange.

Through MLP, users will be able to obtain a secured micro-loan (Bitcoin denominated) and each of these loans are to be secured with a specific amount of MDN tokens pledged as collateral, to be released back to the user once his full loan repayment has been confirmed.

It is a self-feeding, self-perpetuating system with in-built, long-term financial viability and this forms the foundation of the Meridian proposal.

In short, the service that we are pledging is one that is in 'enormously’ high demand.

Whether it is an already established platform, or one that we are forced to establish on our own – it is clear ‘how’ the exchange that we eventually end up building a partnership with will ultimately derive long-term benefit from our relationship.

We will continue to liaise with, wait on and negotiate with the exchanges – until we decide to explore the other options that are available to us.

So we urge our supporters and investors to continue on this journey with us, as there will be huge rewards for those who are prepared to stay the course.


More Information




To learn how Meridian differs from the alternatives, you are invited to watch our three-minute Introduction film at https://goo.gl/VmTBbM

Learn more about Meridian at — https://myMDN.io

Access Meridian Whitepaper at — https://goo.gl/jqE7Me
Follow Meridian on Twitter at — https://twitter.com/MeridianMDN










legendary
Activity: 1512
Merit: 1015
You wrote that payments for the bounty will be made one week after the listing on the exchange. First you promised the listing at the end of January. Now, February is already coming to an end, and you do not even name specific dates for the listing. So this mythical listing will be in 2018? Why do other developers make a listing of their tokens a few days after the ICO, and have you been working on this most complex issue for more than two months now?

Thanks,

We cannot dictate the internal processes of platforms that we do not control - i.e the exchanges.

Every project is different.

With regards to Meridian, our own listing -  we do not see the benefit of having several listings on small and less reputable platforms for the sake of providing instant gratification to price speculators.

The better and longer established platforms have much more stringent listing procedures and processes.

Rest assured, we are doing our best to expedite the process. However, these things do take time.

It's best that we follow these steps and jump through these hurdles now, rather than at some later date in the future.

Look out for our next update, as we will be bringing everyone up to speed on our progress.

The Meridian Team




Take all the time you need to work on Meridian, bounty hunters that will dump their bags straight away should not be a priority. You guys are doing a good job, most people underestimate how hard it is to build a project in the crypto space at the moment.
Is that a problem ..?
A project must have a duty and responsibility, why prepare a project if it can not accomplish its task, why promise if the team is confused, whether the investor and the hunter of the prize need promises that I do not think so.
This team is a good team and has great support, I hope for the team to stop promising and will complete this task as soon as possible.

Don´t worry the next weekly update should be right around the corner

No that isn't a problem, but bounty hunters should be the last thing on the devs right now as it is not really that important. They are focusing on building a platform and getting everything started which will actually benefit the progress of Meridian in the long term, bounty hunters just need to wait and suck it up not everything goes to plan in crypto. I don't think the devs have purposely delayed getting listed on a reputable exchange.
member
Activity: 252
Merit: 11
OPEN GAMING PLATFORM
You wrote that payments for the bounty will be made one week after the listing on the exchange. First you promised the listing at the end of January. Now, February is already coming to an end, and you do not even name specific dates for the listing. So this mythical listing will be in 2018? Why do other developers make a listing of their tokens a few days after the ICO, and have you been working on this most complex issue for more than two months now?

Thanks,

We cannot dictate the internal processes of platforms that we do not control - i.e the exchanges.

Every project is different.

With regards to Meridian, our own listing -  we do not see the benefit of having several listings on small and less reputable platforms for the sake of providing instant gratification to price speculators.

The better and longer established platforms have much more stringent listing procedures and processes.

Rest assured, we are doing our best to expedite the process. However, these things do take time.

It's best that we follow these steps and jump through these hurdles now, rather than at some later date in the future.

Look out for our next update, as we will be bringing everyone up to speed on our progress.

The Meridian Team




Take all the time you need to work on Meridian, bounty hunters that will dump their bags straight away should not be a priority. You guys are doing a good job, most people underestimate how hard it is to build a project in the crypto space at the moment.
Is that a problem ..?
A project must have a duty and responsibility, why prepare a project if it can not accomplish its task, why promise if the team is confused, whether the investor and the hunter of the prize need promises that I do not think so.
This team is a good team and has great support, I hope for the team to stop promising and will complete this task as soon as possible.

Don´t worry the next weekly update should be right around the corner
full member
Activity: 243
Merit: 100
You wrote that payments for the bounty will be made one week after the listing on the exchange. First you promised the listing at the end of January. Now, February is already coming to an end, and you do not even name specific dates for the listing. So this mythical listing will be in 2018? Why do other developers make a listing of their tokens a few days after the ICO, and have you been working on this most complex issue for more than two months now?

Thanks,

We cannot dictate the internal processes of platforms that we do not control - i.e the exchanges.

Every project is different.

With regards to Meridian, our own listing -  we do not see the benefit of having several listings on small and less reputable platforms for the sake of providing instant gratification to price speculators.

The better and longer established platforms have much more stringent listing procedures and processes.

Rest assured, we are doing our best to expedite the process. However, these things do take time.

It's best that we follow these steps and jump through these hurdles now, rather than at some later date in the future.

Look out for our next update, as we will be bringing everyone up to speed on our progress.

The Meridian Team




Take all the time you need to work on Meridian, bounty hunters that will dump their bags straight away should not be a priority. You guys are doing a good job, most people underestimate how hard it is to build a project in the crypto space at the moment.
Is that a problem ..?
A project must have a duty and responsibility, why prepare a project if it can not accomplish its task, why promise if the team is confused, whether the investor and the hunter of the prize need promises that I do not think so.
This team is a good team and has great support, I hope for the team to stop promising and will complete this task as soon as possible.
legendary
Activity: 1512
Merit: 1015
You wrote that payments for the bounty will be made one week after the listing on the exchange. First you promised the listing at the end of January. Now, February is already coming to an end, and you do not even name specific dates for the listing. So this mythical listing will be in 2018? Why do other developers make a listing of their tokens a few days after the ICO, and have you been working on this most complex issue for more than two months now?

Thanks,

We cannot dictate the internal processes of platforms that we do not control - i.e the exchanges.

Every project is different.

With regards to Meridian, our own listing -  we do not see the benefit of having several listings on small and less reputable platforms for the sake of providing instant gratification to price speculators.

The better and longer established platforms have much more stringent listing procedures and processes.

Rest assured, we are doing our best to expedite the process. However, these things do take time.

It's best that we follow these steps and jump through these hurdles now, rather than at some later date in the future.

Look out for our next update, as we will be bringing everyone up to speed on our progress.

The Meridian Team




Take all the time you need to work on Meridian, bounty hunters that will dump their bags straight away should not be a priority. You guys are doing a good job, most people underestimate how hard it is to build a project in the crypto space at the moment.
full member
Activity: 212
Merit: 110
You wrote that payments for the bounty will be made one week after the listing on the exchange. First you promised the listing at the end of January. Now, February is already coming to an end, and you do not even name specific dates for the listing. So this mythical listing will be in 2018? Why do other developers make a listing of their tokens a few days after the ICO, and have you been working on this most complex issue for more than two months now?

Thanks,

We cannot dictate the internal processes of platforms that we do not control - i.e the exchanges.

Every project is different.

With regards to Meridian, our own listing -  we do not see the benefit of having several listings on small and less reputable platforms for the sake of providing instant gratification to price speculators.

The better and longer established platforms have much more stringent listing procedures and processes.

Rest assured, we are doing our best to expedite the process. However, these things do take time.

It's best that we follow these steps and jump through these hurdles now, rather than at some later date in the future.

Look out for our next update, as we will be bringing everyone up to speed on our progress.

The Meridian Team


member
Activity: 252
Merit: 11
OPEN GAMING PLATFORM
You wrote that payments for the bounty will be made one week after the listing on the exchange. First you promised the listing at the end of January. Now, February is already coming to an end, and you do not even name specific dates for the listing. So this mythical listing will be in 2018? Why do other developers make a listing of their tokens a few days after the ICO, and have you been working on this most complex issue for more than two months now?

I think because they would like to have some serious ones at the start
hero member
Activity: 1736
Merit: 857
You wrote that payments for the bounty will be made one week after the listing on the exchange. First you promised the listing at the end of January. Now, February is already coming to an end, and you do not even name specific dates for the listing. So this mythical listing will be in 2018? Why do other developers make a listing of their tokens a few days after the ICO, and have you been working on this most complex issue for more than two months now?
full member
Activity: 308
Merit: 100
ALL TOKENS !!!!
Please give the information on the account of payment for the bounty .... and it is not clear voo for what to happen in the tables did not appear, on e mail wrote in PM wrote, no sense (((


The project is very interesting and worthy for a new society !!!!
The main thing is that all the promises were fulfilled !!!!!
sr. member
Activity: 406
Merit: 251
member
Activity: 252
Merit: 11
OPEN GAMING PLATFORM
"I Want join bounty facebook"

the bounty and ico is over quite a long time
newbie
Activity: 112
Merit: 0
"I Want join bounty facebook"
full member
Activity: 308
Merit: 100
you manage to vision very well and content as well. i plan to holding my tokens after bounty distrubition.

Hey,

Thanks.

Your support is much appreciated!

you manage to vision very well and content as well. i plan to holding my tokens after bounty distrubition.

Good afternoon, tell me there are those who received their awards for the bounty ??

I can not understand in what's the matter, WHY DO NOT READ MY ADDRESS In the spreadsheets Huh

Twitter spreadsheet # 192
Telegram spreadsheet # 53
Medium spreadsheets # 14


Hello there,

Please read our Bounty Distribution Guide and follow the instructions.

We have not began the process of distributing bounties,

Also - before your address is listed in any of the spreadsheets, you must send us full reports so that we can verify your level of participation.

You can send your reports to us via private message

The Meridian Team
[/quote

Thank you, the report filed ....

Good luck to all, I hope for honesty and decency Smiley
member
Activity: 252
Merit: 11
OPEN GAMING PLATFORM
you manage to vision very well and content as well. i plan to holding my tokens after bounty distrubition.

no doubt a lot of people will. Now wouldn´t be the best time to get listed, so hopefully it will happen after the normal correction.
full member
Activity: 212
Merit: 110
you manage to vision very well and content as well. i plan to holding my tokens after bounty distrubition.

Hey,

Thanks.

Your support is much appreciated!

you manage to vision very well and content as well. i plan to holding my tokens after bounty distrubition.

Good afternoon, tell me there are those who received their awards for the bounty ??

I can not understand in what's the matter, WHY DO NOT READ MY ADDRESS In the spreadsheets Huh

Twitter spreadsheet # 192
Telegram spreadsheet # 53
Medium spreadsheets # 14


Hello there,

Please read our Bounty Distribution Guide and follow the instructions.

We have not began the process of distributing bounties,

Also - before your address is listed in any of the spreadsheets, you must send us full reports so that we can verify your level of participation.

You can send your reports to us via private message

The Meridian Team
full member
Activity: 308
Merit: 100
you manage to vision very well and content as well. i plan to holding my tokens after bounty distrubition.

Good afternoon, tell me there are those who received their awards for the bounty ??

I can not understand in what's the matter, WHY DO NOT READ MY ADDRESS In the spreadsheets Huh

Twitter spreadsheet # 192
Telegram spreadsheet # 53
Medium spreadsheets # 14
full member
Activity: 336
Merit: 101
you manage to vision very well and content as well. i plan to holding my tokens after bounty distrubition.
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