Topic: ⭐ ClusterToken ⭐ World's first smart contract AIRDROP | ROUND 2 | CLOSED !!! - page 3. (Read 7282 times)
August 24, 2017, 08:46:00 AM
Got my place in. All cool!
August 24, 2017, 04:19:40 AM
Left to 7 participants and the second round will be completed. Dev what's the plan then will be third round or else something?
August 24, 2017, 04:05:37 AM
The people have no interest? Or is it just a worthless project without future
Other airdrops are after hours already over .
Otherwise all people are here if there is something for free
Other airdrops are after hours already over .
Otherwise all people are here if there is something for free
You need to use some gas for signing contract to claim airdrop. A lot of people feels it's too complex for they.
August 24, 2017, 02:54:35 AM
Just claimed. Thank you.
You claimed? I think are slots free?
August 24, 2017, 02:11:53 AM
Just claimed. Thank you.
August 23, 2017, 01:27:43 PM
I think we reached the number, right? When accessing the ParticipantCounter in the contract is shows uint256, meaning we have 256 participants for this second round. Or am I interpreting the info incorrectly?
No, miss 17 participants to close the airdrop
The people have no interest? Or is it just a worthless project without future
Other airdrops are after hours already over .
Otherwise all people are here if there is something for free
August 23, 2017, 11:38:21 AM
I think we reached the number, right? When accessing the ParticipantCounter in the contract is shows uint256, meaning we have 256 participants for this second round. Or am I interpreting the info incorrectly?
No, miss 17 participants to close the airdrop
August 23, 2017, 10:36:54 AM
I think we reached the number, right? When accessing the ParticipantCounter in the contract is shows uint256, meaning we have 256 participants for this second round. Or am I interpreting the info incorrectly?
August 23, 2017, 08:03:13 AM
So, what is the incentive to buy CLRT token from an exchange? And, how will this token increase in value if there are no incentives for purchasing this token? It makes little sense for anybody to purchase this token when only the pro-creators are receiving the benefits. Plus, what equipment is being used to "mine" this pre-created token? It makes no sense at all!
I think you should read our main thread https://bitcointalksearch.org/topic/ann-cluster-self-mining-token-100eth-reward-per-cluster-solved-2051979 about the mining.
The value will not soley come from the mining contracts, as many more side projects are scheduled that will require ClusterTokens.
Regarding exchanges, if exchanges list CLRT, it's their choice, not our demand.
The current circulating supply is ~0.14 CLRT so that's still too low to be actively traded anyway.
EtherDelta is a very good addition to provide public API for websites like Coinmarktcap and Blockfolio app.
So currently it's not intended that CLRT is traded on exchanges, that's the baseline. The supply is way too small for it.
As far as I understand, if someone bought a token from a contract, then he can buy tokens in exchange and add to the same address that he bought tokens from the contract. The total amount of tokens will participate in mining. Because: REWARD = 1 CLUSTER / HOLDERS * SHARES = REWARD. Only it is not clear what formula? Such: REWARD = (1 CLUSTER / HOLDERS) * SHARES = REWARD? If the formula is: REWARD = 1 CLUSTER / (HOLDERS * SHARES) = REWARD, then you need to discard all tokens from the address, leaving only 0.000000000000000001
August 23, 2017, 03:59:07 AM
Just applied for the 2nd airdrop.
Thank you Sir for this innovative way of registering thanks to a very well written smart contract
Thank you Sir for this innovative way of registering thanks to a very well written smart contract
We highly appreciate your feedback, thank you.
We try to stand out from the flood of new teams/tokens by being innovative, creative, and write 100% clean, readable code conform the formatting standards.
Nice to see somone actually taking a look at it
August 23, 2017, 03:05:35 AM
@Dev
How many slots are free at time for the Airdrop?
How many slots are free at time for the Airdrop?
Currently there are 238 participators. 12 free slots left.
You can always verify these values by interacting with the contract in OP, and navigate to 'participator Count'
August 23, 2017, 02:39:06 AM
@Dev
How many slots are free at time for the Airdrop?
How many slots are free at time for the Airdrop?
August 23, 2017, 01:36:08 AM
So, what is the incentive to buy CLRT token from an exchange? And, how will this token increase in value if there are no incentives for purchasing this token? It makes little sense for anybody to purchase this token when only the pro-creators are receiving the benefits. Plus, what equipment is being used to "mine" this pre-created token? It makes no sense at all!
I think you should read our main thread https://bitcointalksearch.org/topic/ann-cluster-self-mining-token-100eth-reward-per-cluster-solved-2051979 about the mining.
The value will not soley come from the mining contracts, as many more side projects are scheduled that will require ClusterTokens.
Regarding exchanges, if exchanges list CLRT, it's their choice, not our demand.
The current circulating supply is ~0.14 CLRT so that's still too low to be actively traded anyway.
EtherDelta is a very good addition to provide public API for websites like Coinmarktcap and Blockfolio app.
So currently it's not intended that CLRT is traded on exchanges, that's the baseline. The supply is way too small for it.
I read the documentation. I just think that the term "mined" is being used rather loosely here because there are no resources being expended, other than gas, for their creation. Anybody can make their own token on the ethereum platform at any time....but those tokens have no value unless they are in demand for some other use besides being their own progenitors. I think I'm missing something here....curious where this thing is going though.
August 23, 2017, 12:59:12 AM
So, what is the incentive to buy CLRT token from an exchange? And, how will this token increase in value if there are no incentives for purchasing this token? It makes little sense for anybody to purchase this token when only the pro-creators are receiving the benefits. Plus, what equipment is being used to "mine" this pre-created token? It makes no sense at all!
I think you should read our main thread https://bitcointalksearch.org/topic/ann-cluster-self-mining-token-100eth-reward-per-cluster-solved-2051979 about the mining.
The value will not soley come from the mining contracts, as many more side projects are scheduled that will require ClusterTokens.
Regarding exchanges, if exchanges list CLRT, it's their choice, not our demand.
The current circulating supply is ~0.14 CLRT so that's still too low to be actively traded anyway.
EtherDelta is a very good addition to provide public API for websites like Coinmarktcap and Blockfolio app.
So currently it's not intended that CLRT is traded on exchanges, that's the baseline. The supply is way too small for it.
August 22, 2017, 05:02:26 PM
Just applied for the 2nd airdrop.
Thank you Sir for this innovative way of registering thanks to a very well written smart contract
Thank you Sir for this innovative way of registering thanks to a very well written smart contract
August 22, 2017, 04:45:20 PM
220 participator. I don't understand, however. If the airdrop participant don't receive any mining rewards for their cluster award, then why do they need them? I am so confused here. Had to pay the gas fee twice because the first transaction returned an error....don't know why....but I thinks it's because I accidentally sent some eth the first time....What are the airdrop cluster used for if they are not real participants?
I already ask the same question in the ANN, here's what the Dev said:
Asking about the purpose of mined vs bought tokens is like with any other token:
You can buy ETH on exchanges, but that doesn't make you mine it for life and your amount is limited strictly to what you bought.
Or, you can buy GPU's instead and mine for longer period of time, that will generate more tokens overtime.
It's the same principle. Plus, we keep on developing more projects/concepts and CLRT will always be accepted on those projects as well.
You can buy ETH on exchanges, but that doesn't make you mine it for life and your amount is limited strictly to what you bought.
Or, you can buy GPU's instead and mine for longer period of time, that will generate more tokens overtime.
It's the same principle. Plus, we keep on developing more projects/concepts and CLRT will always be accepted on those projects as well.
also this quote is quite interessting:
Quote
Heads up that with the new contract, users who purchased CLRT on exchanges will also participate in the mining cycles, but at different rates to encourage buying from the contract and maintaining the reward level.
We'll also add support for other currencies for users who don't have Ethereum.
We'll also add support for other currencies for users who don't have Ethereum.
hat means with the new contract these airdrop coins also participate on mining?
But, the analogy between ether and GPUs above doesn't make sense because they are two different things. In our example, we have CLRT that participate in the minting and CLRT that don't participate ---> not fungible at all, right? How are we supposed to know which CLRT we are receiving at any given time? If I sell my CLRT to myself, will they then become equitable with the other CLRT, or if I trade them on an exchange or buy from an exchange....how do we know which CLRT we're getting? It's easy to tell the difference between an "ether" and a "GPU" when we purchase them.....how do we tell the difference between a "minting CLRT" and a "non-minting CLRT" when we purchase them?
The contract registers your address when you buy tokens from the contract. From that point on, your address can claim rewards until infinity or the Ethereum network stops existing.
So it's not token based, it's wallet address based. Until now at least.
The smart contract will be upgraded shortly that will enable token based mining with reduced rewards to encourage buying from the contract, adding more value to tokenholders that bought them from the contract.
We're still running tests on the testnet to prevent abuse from sending back and forth from a wallet -> exchange -> wallet. But until then, it's wallet address based.
Cheers!
So, what is the incentive to buy CLRT token from an exchange? And, how will this token increase in value if there are no incentives for purchasing this token? It makes little sense for anybody to purchase this token when only the pro-creators are receiving the benefits. Plus, what equipment is being used to "mine" this pre-created token? It makes no sense at all!
August 22, 2017, 04:04:30 PM
220 participator. I don't understand, however. If the airdrop participant don't receive any mining rewards for their cluster award, then why do they need them? I am so confused here. Had to pay the gas fee twice because the first transaction returned an error....don't know why....but I thinks it's because I accidentally sent some eth the first time....What are the airdrop cluster used for if they are not real participants?
I already ask the same question in the ANN, here's what the Dev said:
Asking about the purpose of mined vs bought tokens is like with any other token:
You can buy ETH on exchanges, but that doesn't make you mine it for life and your amount is limited strictly to what you bought.
Or, you can buy GPU's instead and mine for longer period of time, that will generate more tokens overtime.
It's the same principle. Plus, we keep on developing more projects/concepts and CLRT will always be accepted on those projects as well.
You can buy ETH on exchanges, but that doesn't make you mine it for life and your amount is limited strictly to what you bought.
Or, you can buy GPU's instead and mine for longer period of time, that will generate more tokens overtime.
It's the same principle. Plus, we keep on developing more projects/concepts and CLRT will always be accepted on those projects as well.
also this quote is quite interessting:
Quote
Heads up that with the new contract, users who purchased CLRT on exchanges will also participate in the mining cycles, but at different rates to encourage buying from the contract and maintaining the reward level.
We'll also add support for other currencies for users who don't have Ethereum.
We'll also add support for other currencies for users who don't have Ethereum.
hat means with the new contract these airdrop coins also participate on mining?
But, the analogy between ether and GPUs above doesn't make sense because they are two different things. In our example, we have CLRT that participate in the minting and CLRT that don't participate ---> not fungible at all, right? How are we supposed to know which CLRT we are receiving at any given time? If I sell my CLRT to myself, will they then become equitable with the other CLRT, or if I trade them on an exchange or buy from an exchange....how do we know which CLRT we're getting? It's easy to tell the difference between an "ether" and a "GPU" when we purchase them.....how do we tell the difference between a "minting CLRT" and a "non-minting CLRT" when we purchase them?
The contract registers your address when you buy tokens from the contract. From that point on, your address can claim rewards until infinity or the Ethereum network stops existing.
So it's not token based, it's wallet address based. Until now at least.
The smart contract will be upgraded shortly that will enable token based mining with reduced rewards to encourage buying from the contract, adding more value to tokenholders that bought them from the contract.
We're still running tests on the testnet to prevent abuse from sending back and forth from a wallet -> exchange -> wallet. But until then, it's wallet address based.
Cheers!
August 22, 2017, 04:01:34 PM
220 participator. I don't understand, however. If the airdrop participant don't receive any mining rewards for their cluster award, then why do they need them? I am so confused here. Had to pay the gas fee twice because the first transaction returned an error....don't know why....but I thinks it's because I accidentally sent some eth the first time....What are the airdrop cluster used for if they are not real participants?
I already ask the same question in the ANN, here's what the Dev said:
Asking about the purpose of mined vs bought tokens is like with any other token:
You can buy ETH on exchanges, but that doesn't make you mine it for life and your amount is limited strictly to what you bought.
Or, you can buy GPU's instead and mine for longer period of time, that will generate more tokens overtime.
It's the same principle. Plus, we keep on developing more projects/concepts and CLRT will always be accepted on those projects as well.
You can buy ETH on exchanges, but that doesn't make you mine it for life and your amount is limited strictly to what you bought.
Or, you can buy GPU's instead and mine for longer period of time, that will generate more tokens overtime.
It's the same principle. Plus, we keep on developing more projects/concepts and CLRT will always be accepted on those projects as well.
also this quote is quite interessting:
Quote
Heads up that with the new contract, users who purchased CLRT on exchanges will also participate in the mining cycles, but at different rates to encourage buying from the contract and maintaining the reward level.
We'll also add support for other currencies for users who don't have Ethereum.
We'll also add support for other currencies for users who don't have Ethereum.
hat means with the new contract these airdrop coins also participate on mining?
But, the analogy between ether and GPUs above doesn't make sense because they are two different things. In our example, we have CLRT that participate in the minting and CLRT that don't participate ---> not fungible at all, right? How are we supposed to know which CLRT we are receiving at any given time? If I sell my CLRT to myself, will they then become equitable with the other CLRT, or if I trade them on an exchange or buy from an exchange....how do we know which CLRT we're getting? It's easy to tell the difference between an "ether" and a "GPU" when we purchase them.....how do we tell the difference between a "minting CLRT" and a "non-minting CLRT" when we purchase them?
I guess more light needs to be shed on this issue. I feel a better way would be to have a maturity period for the CLRT from exchange, similar to POS.. some coins require as much as 15 days for maturity to stake, and others as little as 6 hours. This will help avoid confusion of which CLRT does what. Because If I buy from the contract, and move it to an exchange and back to my wallet, it would be deemed as a bought CLRT. It's all too confusing. I hope Dev can look into 'prolonging time to automine by CLRT (ex, start mining after 100 segments, etc) from exchange as compared to CLRT bought directly from contract.
Yes. I doesn't make sense at all. The whole thing has me suspicious now because it seems there are several different tokens here with the same name associated with the contract....How are they differentiated? How are they minted? We know they're not "mined," so what is actually going on here?
August 22, 2017, 04:01:27 PM
I also joined the airdrop, fortunately I noticed it before it was over. (I overslept the 1st one.) 
Would be interesting how many participants are still needed to close the airdrop!
Would be interesting how many participants are still needed to close the airdrop!
August 22, 2017, 02:47:25 PM
Interesting. Joined the airdrop. When airdrop tokens will be distributed?
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