Carefully listening to the the community, while keeping focus on building real value through hard work ans a smart strategy... That's why I do believe those guys are gonna go far!
Actually I wouldn't be so eager to see the coin in an exchange... When I they're get there too early, they just get dumped by the biggest miners, or worse... It attracts whale miners, who are bashing the hashrate, getting most rewards and dumping like crazies, keeping the value from naturally growing... My 2 cents about early exchanges
Very interesting project and idea! It is the first project that I follow from the beginning and I feel this could grow al lot in the future. The team is very active on discord and they have some unique idea's in making the IOT more usable and mainstream. I definately gonna keep following Uplexa. Now for some exchanges to buy!
Also a very good point. We've notably focused on ensuring a smooth and understandable mining experience. However, we've only begun on starting to focus on actual use case and adoption. By not having use case and adoption, and only having miners, we would have supply without demand. That's never a particularly great starting point for any project. Thus, as eager as the community is regarding the exchange(s), we are being very cautious when it comes to coin economics. If a coin has a functional use case in-which it is consistently used by, the project will thrive in any type of market.
This is one of the reasons I believe in this project, and the dedication the team has towards the project and the community they have made, here and on Discord. Very proactive and hard at work, but never too busy to answer your questions or address any issues on Discord. That is a win-win in my book. No price can justify and make good on all that - it will always be a bit low in my point of view. I'm in it for the long haul.
Hi everyone!
I have participated in UPlexa project.
I have around 200k UPX mined and recommend for everyone to participating and mining UPlexa while it's no so difficult.
Please explain on why would you recommend for anyone to mine UPlexa. People mine bitcoin to get profit, so it is profitable for those miners?
It's recommended in the new-project space, due to the level of engagement from the core team, and the snowballing of community input.
People are rapidly becoming more interested in projects that might be able to deliver real-world solutions, and not just act as a store of wealth.
Profitable? Not yet, codebase was released 2 weeks ago and it's not listed on exchanges yet. Profitable soon/eventually? No doubt; the early interest is too great and the potential for real-world application is very real.
That is an excellent point neqniox. I completely agree, and would like to add: for anyone thinking that I (we) are fanboys and just shilling a new coin, I recommend you jump in Discord and make up your mind after interacting with the Devs and our community on there.