Topic: Energi [NRG] Cryptocurrency for World Adoption | PoS | MN | No-ICO or Premine | (Read 44120 times)

It's great to see a current team member on here!

I feel like you would be much better equipped to share the details for the current active proposal for those that can't access Discord. I wouldn't do it any justice.

We are currently not moderating this site - please check any of our other SM platforms for any official updates. If you have a specific question please feel free to email [email protected].

Well, no time better than never to mention the governance model once more. There's an active proposal collecting votes that doesn't appear to be a treasury proposal.

I haven't seen any information on the website. The last newsletter was in 2022. Nothing on socials.

Can anyone shine a light on proposal: e8680fa8-42fc-4732-bc32-73d6ddf19fd7

I'll plan to vote "NO" based on the lack of information by the deadline. At least I'm able to do that.

Don't dish out insults if you cant take them. We're all entitled to our own opinions.

How does a masternode holder participate in the governance model? Voting is the easy part on Nexus but really no details on what the proposal is about. You mentioned an official site? Could you maybe share that and hopefully it has information on past proposals. The last round of monthly proposals had a deadline of 14th of June; if it's truly monthly wouldn't the next round be due by next week?

You mentioned adding weight. NRG is currently the lowest price entry ever and might help make the VPS cost closer to being sustainable. What am I gaining? Certainly if more weight had an impact on proposal voting it could be of interest. Simply; if we're able to vote but no information is shared it makes one of the key "pillars" moot for most users.

Since 27th June the CMC rank has gone from #1109 down to #1114

Thanks for replying my kind words with denigrating ones.

Sorry you missed the latest governance voting proposal (just 2 weeks ago) and the upcoming ones soon. you can always check the proposals on the official site

I'm sure a specific battery brand might be interested in seeking some royalties. Nonetheless, the overall behaviour of banning accounts and deleting user content really gives that warm and fuzzy feeling. No wonder user engagement is down. This is only the safe space to talk about the project without fear of getting banned or suppressed. Dictates the tone a tad...

If you can shine a light on the details of these treasury proposals by directly posting information here it might be worth adding more weight. Although the treasury proposals get their 100%+ vote themselves without need from retail users. These votes are definitely not every month, the last one was 4 months ago and the time before that a year. The old website has treasury details to Nov 2021 and the new website goes from January to September 2022. Where are the details from the last ~9 months?

Enable your masternode holders to be part of the governance model and you might see a lift on market activity and overall adoption; if that's something of value?

Last proposal was 28 days ago; coming up on that monthly cycle you mention.

Theft definitely happened. Anyway you want to look at it a NRG wallet was drained against the desire of the user. Countless times it's always the same response. The overall reaction is fine and it is what it is. Maybe not as bad as other projects but not as squeaky clean as the 'safest blockchain'.

Not sure what GMI is doing for NRG? Without access to Discord it's hard to notice any activity. Maybe the blockchain features that have been developed over the years can help other projects?

Since 12th June the CMC rank has gone from #1021 down to #1109

Hey Dragon Energizer ,

Good to see you back and welcome! You have been with the project and don't even know these are treasury proposals that go on vote every month (I might be wrong but I usually see these proposals every 14 days as that is the treasury cycle)You can get your skin in the game and get more masternodes weight to place your vote. Risk reward ratio.
Plus the management has gone a step ahead and now made a separate channel for Proposal and partnerships  (which I already see happening)

Talking about your theft was your theft a third part related theft? If you had deposited your Energi in a third-party wallet or staking services? The team has always been advertising not to go with third party and that they do not have any affiliation to third party services, In spite of this many ecosystem users ignore this and then get trapped and blame Energi. It's like the teacher in a class telling their students over and over again to cross the road watching both sides but yet they keep being busy on their phones unaware of impending crash.



As far as markets go I bought into Matic and ETH when they were ATH and I am sitting at an 80% loss but I am a longer-term hoddler and trust the management. All Energi needs is visibility; you can see the team focusing single-handedly on marketing than ever and less on the building. With GMI coming in the top 20 for the web3 shark tank program KIller whales. This was possibly single-handedly as the Energi community came together and voted over 3000 votes and got GMI to the show. They did not sit around and explain their losses or create FUC and that is the true spirit of building.  

One more point that I've always flagged and get the same results...

Proposals are auto-approved by the team and information is never shared. You can easily cross check the addresses that vote on the proposals and how often those votes are recorded mostly on the same block. First line of defense is always that of " who knows who.. (voted).." but just look at the addresses and it's mostly same addresses voting. The other fun fact is that information does not have to be shared even to registered masternode holders. It's the governance model for a select few.

I could easily vote "no" on the proposals as zero information is shared for masternode holders, those that have the ability to vote, but it would be a waste of transaction fees. They might be super low but need every cent of "value" to recover my investment.

6f03a69e-119f-7092-5a54-2e0b11f5a627   184,000.00   0x111d1cc0c8f1c1c797a3d1d4a3094a9deef2ae20   2,200,000   0   113%   June 14, 2023   
4694f8b1-64bf-5c8d-bd5a-7756fbfef8f3   184,000.00   0x111d1cc0c8f1c1c797a3d1d4a3094a9deef2ae20   2,200,000   0   113%   June 14, 2023
42e033c9-7552-3ed5-407e-b82a0e9f9735   184,000.00   0x111d1cc0c8f1c1c797a3d1d4a3094a9deef2ae20   2,200,000   0   113%   June 14, 2023
78081c3b-a4fb-83f6-ff52-09e50260312b   184,000.00   0x111d1cc0c8f1c1c797a3d1d4a3094a9deef2ae20   2,200,000   0   113%   June 14, 2023   
56ad264d-02df-a2d0-25a2-6e43a346c060   184,000.00   0x111d1cc0c8f1c1c797a3d1d4a3094a9deef2ae20   2,200,000   0   113%   June 14, 2023   
87bc2e73-591c-571f-11be-698a6c9e4cb2   184,000.00   0x111d1cc0c8f1c1c797a3d1d4a3094a9deef2ae20   2,200,000   0   113%   June 14, 2023   
bbde57fc-614e-85da-d61e-732a563b633f   184,000.00   0x111d1cc0c8f1c1c797a3d1d4a3094a9deef2ae20   2,200,000   0   113%   June 14, 2023   
2e60712a-029b-33f5-b5d1-cac0e7f93b96   184,000.00   0x111d1cc0c8f1c1c797a3d1d4a3094a9deef2ae20   2,200,000   0   113%   June 14, 2023   
708c2408-83bc-a62a-6595-d61154ba3232   184,000.00   0x111d1cc0c8f1c1c797a3d1d4a3094a9deef2ae20   2,200,000   0   113%   June 14, 2023
972574b5-68ec-faa4-6539-ba91c0e3ea7a   184,000.00   0x111d1cc0c8f1c1c797a3d1d4a3094a9deef2ae20   2,200,000   0   113%   June 14, 2023

Time for the monthly update on the value of my investment especially with the continuing downward trend of the market value. NRG has a new all time low (generally speaking) and has dropped to $0.05. Considering the new low value after four years my investment is worth 6.3%. Why does this project feel like it's abandoned by it's dev team? Spooling up a parallel project with the same resources is showing it's strain on the system. The team has repeatedly shared the value of NRG is not based on market value or CMC rank (currently #1021) but the nontangible. I could go on and rant about an exit strategy, but the recent messages are more on point.

Glad to see some activity in this community and not surprised to this new content here as it's inline with some of the past stories if you read through the history in this thread. It's almost impossible to crosscheck the references as most if not all social media platforms are heavily censored and information is suppressed by the NRG team. Bitcointalk so far is safe and provides people the chance to speak. As always it's anonymous and no controls on setting up as many accounts as you like. Some try to legitimize by having older accounts but zero activity.

I can appreciate the recognition of dragons but not the generalised sense that people may be grouped together merely by name. I'm not "the other dragon".

I've been a victim of NRG theft and it's a story that's been suppressed multiple times and just a gentle reminder that it has happened and those people still have not been made whole. You will not see any other posts on other social media platforms such reddit, twitter, telegram or discord as those messages have been deleted.

Chanak - I'm not sure what's in those discord links and might I suggest making information publicly available when making references.

I see you know are making multiple accounts under the dragon name (as always- my personal observation)and misleading users on this platform and spreading the FUD. The fact is that none of the ecosystem users have ever lost their funds as they approached Energi defense. The fact that I  have introduced my friends and family to use Energi is a testament to that. They receive instant email alerts for any suspicious fund movement and can access support any time they would like. Speaking as an Energi ecosystem user. Crypto space is riddled with FUD spreaders and misleading information-sharing individuals.  Nothing new as I can see only a single post associated with this. On the contrary, those that have got their funds back have come out in numbers. Providing a first-hand witness of what happened with this user and how he was able to retrieve the funds. Systems like Energi send out clear message that scammers adding nuisance value to the crypto ecosystem can never be tolerated to prosper and carry out their malicious activity. Scammers are one of the reasons why new crypto entrants are fearful to enter the crypto space and Energi remains the only crypto shielding new entrants.

https://discord.com/channels/398355554172534805/401837256211562506/804469427025739816
https://discord.com/channels/398355554172534805/398355554726051841/926214314619199498



The law takes its course. I am sure the project has done everything in its capacity to work with the due authorities

Great to see you

Just my thoughts here. even the slowest NFT project that have sold less than 200 NFTS are earning passive income in thousands every month. The Energi team has already developed those NFTs and will yields them passive income as time progresses. I am part of Crypto Hippos and ATCC NFT communities bot came together to fund a 1.5 million dollar investment partnership. ATCC has fewer collections than Crypto hippos but a concentrated community. Crypto Hippos took a whole year to sell their collection, which launched in 2022. With Dragon Degens I see things in forward momentum. I am glad weak hands are leaving and it happens all the time during bear market.

The Energi blockchain is functional
The Dex is functional along with the bridge
Dragon NFT launch went smoothly without any scams
GMI platform launch is on the horizon

I mean literally Helium went from 50$ to 1.2 $ and now they are a blockchain wireless carrier with Tmobile, I look at what the team is delivering and doing and not at the ticker
After all in 1998, Jeff said I sell books and in 2022 he said I sell whatever I want, that is compounding

I am a builder, I will keep on building and supporting the builders, IF we fail we will adapt  build again and keep on building!

As always a pleasure to see you here and in reddit. Take care of yourself
[/quote]

Your words are always value add and raise confidence in investors. Anything I can do to keep this project relevant!

Don't forget the buy back program that was announced around the same time as the GEM investment. You can still find related news articles and Youtube content but nothing of the actual buy back program. I've seen here some defensive answers claiming it was already done. Might have been the funds from GEM that were critical to the buy back but that transparency it just never there.

Energi did not look good in the picture of events linked to the alleged 50M investment deal by GEM Digital Limited.
I believe there was a failure to protect the organization and its investors.
Energi could and should have done their homework.
The alleged deal was reported on May 20, 2022 on Yahoo Finance.
Between the 20th and the 22nd of May there was an increase in the price of NRG of almost 100%.
One week later the price was at the previous levels and two weeks later it was below the May 20th levels.

I believe the situation should be explained in detail and investors updated on the alleged legal process that Energi has taken against GEM Digital Limited.
Anyway, for those who are interested, I found this article that seeks to explain the, to say the least, dubious way of acting by GEM Digital Limited:

"
Behind the VC high roller GEM Digital: an absurd secrete capital game
Author: Hu Tao and @BlockCookies , ChainCatcher

With a committed investment of more than $1.6 billion in half a year, GEM Digital is the most “extraordinary” crypto venture capital institution, but there are many unknown but rather bizarre inside stories behind it.

Amid the weakened crypto market, VC institutions have rolled out strategies to slow down investment frequency, with one exception called GEM Digital. The latter one, an emerging VC institution, has gained much attention in the industry from its high frequency of investment and staggering investment volume.

In the past half year, GEM Digital (with its related fund called GEM Global Yield) has invested in at least 16 crypto projects, with over $100 million single investment each in Venice Swap, Naetion, KaJ Labs, Unizen, Unizen, and H2O Securities, and committed investment funds over $160 million, which may exceed any other crypto VC institution.

On July 18, GEM Digital announced again that it would sign with the blockchain tourism ecological project Travel Coin on an investment commitment reaching $35 million. After the announcement, the price of the project token has raised by as much as about 50%. But the ChainCatcher reporter found that its token has dived linearly over 95% with its current fully diluted valuation (FDV) less than $5 million even after the rising on its announcement day. So why would GEM Digital invest $3.5 million in this project with such a valuation?

The situation is not unique. GEM Digital has invested in many such projects. For example, on May 18th, KaJ Labs announced its secured investment commitment of $400 million from GEM Digital Limited, whose project token LITHO only registered an FDV of $4.7 million. The same situation happened to Peculium and Energi.

At the same time, most of the investment projects of GEM Digital are less well-known and have few highlights in the business module. Also, almost all of the investments from GEM Digital come alone without any cooperation with famous VC institutions. These things all point to its weird manner.

So GEM Digital is willing to be taken for a ride? Why would it spend so much amount in projects whose market value is far less than the investment amount? We can have a glimpse of its monkey business from the wording“Investment Commitment”.

In most of the other funding news, the investment institution directly announces its investment to the project party, but GEM digital normally announces its investment commitment. From the wording, investment commitment means that the project party commits another project party that it will invest a certain amount of funds, which may not be delivered in effect. In one funding news of GEM Digital, the project party says the investment is not a direct one, but rather it depends on the milestones and performance to ensure that funds can be used carefully.

But according to the ChainCatcher interview with one project owner, the so-called“investment commitment” has many mind-blowing insider information. The project owner says that GEM Digital once contacted them by email, and promised to invest $50 million. But during the contract signing, she found that the institution would not directly give them funds, but instead they would fill up the investment with the profits gained from token selling.

That means, the investment agreement of GEM Digital is more like a cooperated market smashing and profit-sharing agreement, where two parties sign the high-value investment agreement, spread news signalling a promising market, and then smash the market together to gain profits. Its previous invested tokens all show the same performance, where users have to pay for it at the end of the day.

According to Coinmarketcap data, after the funding announcement of LITHO token, its price skyrocketed to $0.0016 from about $0.008, but 10 days later it dumped to about $0.0013. Other tokens also have the same performance in candlestick chart.

The project owner mentioned before said, “This is using media to manipulate the community. I feel like we would be doomed if we cooperate with them.”Most of the funding news of GEM Digital was published on platforms such as Yahoo Finance and PR Newswire, and also reported by mainstream crypto media such as Coindesk and Cointelegraph. Its weird and strange insider story fooled half of the crypto media circle.

This ploy is not original, and it comes from its parent company Global Emerging Markets (hereafter referred to as GEM). Its official documents show that GEM is a $3.4 billion alternative investment group that manages a diverse set of investment vehicles focused on emerging markets across the world. It has completed over 500 trades in 72 countries and set offices in Paris, New York, and Bahama. Specifically, the company’s investments include minority equity investments and control acquisitions in many traditional sectors such as environmental technology, pharmaceuticals, agriculture, energy, and real estate development, but none of the portfolio companies is well-known. These include China Timber Resources Group Ltd, China PetroTech, and Heng Xin China Holdings Limited, which are poorly documented after a search, with Heng Xin China having been compulsorily delisted many years ago.

GEM also shows a generous investment style with investments reaching tens of millions to hundreds of millions of dollars. Its investment has far surpassed its claimed $3.4 billion, with most of the time “investment commitment” occurring in news.

In summary, GEM and its sub-institutions prefer projects with plain business development and less fame, and mainly take the abnormal and low-entry-bar investment strategy of investment commitment. Based on its long made-up reputation, it conspires with projects wanting to send good news, to create this secret and absurd capital game, which raises alarm bells to all members of the crypto industry.
" - https://chaincatcher.medium.com/behind-the-vc-high-roller-gem-digital-an-absurd-secrete-capital-game-6d365de6bd9f

Of course I cannot verify all the information in the article. Do Your Own Research.

"Energi Defense and its investigative arm, Energi Bureau of Investigations (EBI), serve to protect our community from hackers, scammers, and other bad actors in the space. Our elite team ranges from veterans of the Cybersecurity industry to veterans of the Intelligence Community (FBI, CIA, etc).
Those who seek to harm our community will be swiftly dealt with and referred to our law enforcement partners for prosecution in their respective jurisdiction. Energi is unique and forward-thinking in the cryptocurrency space as we provide this vital service to our community and has a Treasury system in place to vigorously support it and our community’s future growth." - https://energi.world/energi-defense/

May the lesson be useful in the future.

As always a pleasure to see you here and in reddit. Take care of yourself

Did we just set a new all time low for energi?

In the last month energi had dropped by 50% with the last 24 hours or so being the worst. Any particular triggers? [opinion] The same dragon avatar in different color skins as the main investment value triggering the market?

3/4 - 1 nrg = 0,00000722 BTC
3/5 - 1 nrg = 0,00000362 BTC

Glad it is all sorted  You can check your balance in bot commands or in DM to the bot //bal

Thanks.  I got it sorted out by contacting via Facebook.  Not sure if I have a balance left as not sure how to do that, it's been a while.

Probably since I wasn't banned after contacting them, I should have one.