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Topic: Embermine - $MBRS Speculation Thread - page 2. (Read 1157 times)

full member
Activity: 285
Merit: 102
September 12, 2017, 09:33:06 PM
#8
https://twitter.com/GittoProject/status/904955762010492928

Gitto Project is going to do 10k $GTO airdrop to top 500 $MBRS holders with at least 4000 tokens.

And the best part is, 24 million $GTO will be available for private pre-ICO at the rate of 5000 GTO = 1 Eth sometime in November.
full member
Activity: 285
Merit: 102
September 12, 2017, 05:52:44 PM
#7
Quote
With Embermine's Platform dependent upon two key elements: Speed and the seamless distribution of asset and application tokens with minimal disruption to the transactional network. The marriage of Autonio and Embermine's token ecosystem means that all large quantity transactions occur within a particular "channel of consensus", operating only in AI-Managed exchanges and individual, smaller, but much more frequent transactions operate within another Consensus Channel, with both human-managed and AI-managed interfaces. The transactions from both are assembled like orders in an exchange by the transaction clearing house AI and submitted for verification on the blockchain through the Embermine Project Compact, the master contract that manages the entire Platform.

The system automatically queues each transaction as it is being built and the two channels of consensus are threaded to the blockchain. Meaning that the very process of reaching the blockchain through the consensus channels verifies the transaction's elements and it is the particular channel's approval of any transaction which is approved or confirmed by the blockchain, not the whole elements of the transaction itself. This is possible because the essential function requirement of the Project Compact is that each element in the transaction must match the agreed conditions that Compact requires, and those requirements all require consensus of the members of those compacts. Of course this is a simplification of a very labyrinthine process, but that is the essential logic behind it.

With the system and community learning and sharing efficiencies as well as the spreading of various consensus channels, not only can the network scale, but it also provides nearly limitless scope within the system's logic engine, enabling the smart contracts themselves to remain focused only upon their specific role in the blockchain, much like different cells in a organic creature. As long as the cell behaves as it is designed and according to its large role, it effort is accepted and included with the whole.

Now you know more than 99.9999% of the world as to the fundamental logic behind our long range development.

There is one last piece and I will be explaining that in a few days.

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Here's a use case. On Embermine, Projects will produce various goods or services. Our focus has been on digital goods from the beginning (although branching into the physical realm is not impossible, it does increase the complexity quite a bit because of the the difficulties with distribution, manufacturing, etc.). In the same way that holders of MBRS have been receiving other crypto-assets like TOV, IDEA, or DOM, Projects can issue tokens for accessing certain goods and services. For example, a writer can distribute a token that grants access to her new book. This distribution can focus on holders of specific tokens or issue to ALL MBRS holders. Naturally, if you are a part of the network, you will accumulate a lot of excess assets. You could then input the settings on an AI trading bot that can then sell select assets on an open market, based on certain parameters you set (as in Autonio). This potentially results in global passive income for everyone on the Embermine network. The Algosharing allows people to trade and share tried and true strategies, algorithms, for achieving optimal results in the markets. And that only touches upon the synergy between the two. Hope that helps

Quote
Our current plan for the MVP/Beta is late 2017/early 2018. Most of that is due to the fact that the group developing our blockchain protocol is not being revealed until November.

The description that I gave above is simply ONE of many ways that individuals on the platform can monetize their existence on the network. But the "retail" offer of MBRS to provide access to the system is not just Embermine selling the seat licenses that WE own, but rather, creating a open smart contract system which will collect Embers from any User willing to commit some to the system, allowing them to sell them "individually" but anonymously to the new users. Here is the description we provided for the system several months ago:

https://embermine.com/embermines-seat-license-contracts/

Quote
Because writing out algorithms on Telegram is tedious at best let's just use straight and simple math:

1000 Users, 1000 projects, 70 New Users, 4 users purchases per project, 1000 projects, 4000 purchases each month, $0.10 each, $400 sales first month, $0.40 sales average first month.

Simple algebra:

10,000 users = $4.00/user
100,000 users = $40.00/user
1 mil = $400/user/month
10 mill = $4000/user

PER MONTH

Need I continue? And this is simply the passive income and we are not even utilizing the algorithmic math, which I assure you is much more generous.

Not to mention special "options", features, and content that the creators can sell to fans to increase their integration or unlock bonus content to those who hold those tokens.

So my question has been and always will be: Why NOT moon?
full member
Activity: 225
Merit: 100
September 12, 2017, 04:05:15 PM
#6
Tell me why this coin more than other? Low marketcap is good point.
full member
Activity: 134
Merit: 100
September 12, 2017, 03:41:01 PM
#5
Great thread idea!! Yeah MBRS has been the most undervalued project of the year for sure. It has certainly flown under the radar, but that will change soon. The dev team really work hard and are committed. The price will go up for sure especially with the run up to the Slipstream release in a few weeks time. I'm thinking it'll reach around $0.50 by the end of september, then after slip release, find a floor around $0.20, and from there make steady inclines as the MVP draws nearer. Once people get what these guys are trying to do, the moon will be the floor Smiley
full member
Activity: 285
Merit: 102
September 12, 2017, 01:07:34 PM
#4
Embermine have currently eight cryptocurrencies released or planned:

Embers (MBRS) - https://www.cryptopia.co.nz/Exchange?market=MBRS_BTC
IDEAToken (IDEA) - https://etherdelta.com/#IDEA-ETH
TokenVerse (TOV) - https://etherdelta.com/#TOV-ETH
DomainToken (DOM) - In Progress
SlipStream (SLIP) - Released October 1st
*Descryptopia (DES) - Released Oct. 15th to TokenVerse (TOV) Holders
ION (ION) - Released TBD
Sparks (SPARK) - Released TBD

Old Token Names ----> New Token Name
HEAT -----> Sparks (Just makes more sense)
Sparks ----> ION (the new universal transactional unit of value in the Embermine Platform)

DES & ION may need a new name too.

To put all these info into perspective, you'll need to read their white paper
full member
Activity: 168
Merit: 100
September 12, 2017, 11:51:47 AM
#3
Yeah i think we see now the lowest point for mbrs it will grow fast after accumulation ends
sr. member
Activity: 798
Merit: 263
September 12, 2017, 11:22:12 AM
#2
The marketcap of $3m at current price is very low so there is potential for rise. It should go to
its last highs once crypto markets start the next big rally. Any release news can result in a
big price spike.
full member
Activity: 285
Merit: 102
September 12, 2017, 10:43:54 AM
#1
$MBRS hit $0.37 at its peak and right now it is trading at $0.05. I think it's about time for this token to increase in price again.

With the amount of work the developer team is putting in, I am sure the price of this token will increase to at least $1.00 by the time their MVP is launched (sometime between December 2017 and January 2018)

https://coinmarketcap.com/assets/embers/
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