Energi [NRG] Cryptocurrency for World Adoption | PoS | MN | No-ICO or Premine | - page 35.

slackovic

legendary

Activity: 2590

Merit: 1236

Quote from: beetlejam on August 10, 2019, 05:01:43 AM

I see you use a masternode system.

How many NRG coins do i need before I can be a masternode? Are there any other stipulations?

I think that 10.000 NRG is needed to run a masternode. Way too expensive for me... Cry

beetlejam

full member

Activity: 226

Merit: 100

I see you use a masternode system.

How many NRG coins do i need before I can be a masternode? Are there any other stipulations?

EnergiCrypto

copper member

Activity: 149

Merit: 2

Quote from: cryptowomba on August 07, 2019, 02:03:55 PM

When is the next earndrop? According to your roadmap, it will be this year.

Quote from: handy_hotdog on August 09, 2019, 11:31:56 AM

When will the earndrop 2 & 3 pay out? I'm assuming that no 4 won't start until that one has been paid out.

The most recent update on our Earndrop campaign, including info on potential timeframes & payout schedule, can be found here: https://medium.com/energi/good-things-take-time-a4ca48ca949b

handy_hotdog

full member

Activity: 232

Merit: 100

When will the earndrop 2 & 3 pay out? I'm assuming that no 4 won't start until that one has been paid out.

cryptowomba

full member

Activity: 234

Merit: 100

When is the next earndrop? According to your roadmap, it will be this year.

EnergiCrypto

copper member

Activity: 149

Merit: 2

Quote from: bramborakymilenec on August 06, 2019, 10:06:44 AM

Why did you decide in the first place to be a fork of Dash? Wouldn't it have been easier to start with ETH in the first place?

Congrats on breaking into the top 50, it's very impressive and i think you guys are the biggest growers in the market right now in the top 100.

Thank you — We launched as a fork of Dash as we needed the treasury system in place to start. Energi creator, Tommy, talks about this in his latest interview and expands on the powerful combination of a strong treasury + smart contract platform. If you would like to check that out: https://youtu.be/cQZ6LimOhBk?t=1866

Quote from: roganite on August 07, 2019, 04:17:00 AM

When will round 4 earndrop start? Do we need to sign up beforehand? I saw that there are limited places.

Round 4 sign-ups have already been closed and we are in the process of getting that round officially started.

roganite

full member

Activity: 236

Merit: 100

When will round 4 earndrop start? Do we need to sign up beforehand? I saw that there are limited places.

slackovic

legendary

Activity: 2590

Merit: 1236

Quote from: bramborakymilenec on August 06, 2019, 10:06:44 AM

Why did you decide in the first place to be a fork of Dash? Wouldn't it have been easier to start with ETH in the first place?

Congrats on breaking into the top 50, it's very impressive and i think you guys are the biggest growers in the market right now in the top 100.

As I understand, the reason they forked Dash is it's treasury system. Ethereum platform does not have a treasury system, but it has smart contracts. As I see it, Energi is combining positive sides from the two projects and I would says that is their greatest advantage. I really look forward to see how the transition to the Energi 3.0 goes trough.

iTzShowTime

newbie

Activity: 232

Merit: 0

Keep up the good work guys love the growing community Grin

bramborakymilenec

full member

Activity: 236

Merit: 100

Why did you decide in the first place to be a fork of Dash? Wouldn't it have been easier to start with ETH in the first place?

Congrats on breaking into the top 50, it's very impressive and i think you guys are the biggest growers in the market right now in the top 100.

EnergiCrypto

copper member

Activity: 149

Merit: 2

Quote from: jimsteel on August 05, 2019, 03:09:20 PM

Very impressive that you have broken into the top 50 tokens on the market, you are growing at a huge rate! I have read in an article that you are a fork of Dash and that you are planning to move to an ETH blockchain, how are you planning to do this and when can we expect it? Will i be able to use MyEtherWallet to store my NRG?

Thank you Jimsteel! We will indeed be transitioning to an Ethereum-based smart contract platform, but you will not be able to use MyEtherWallet to store your NRG. Rather, we will be building out our own unique infrastructure. We recently put out a medium article that talks about how the upcoming coin migration will work. You can find this here: https://medium.com/energi/energi-3-0-coin-migration-d0da482cecd5 We will also have more information on this as we get closer to this transition which we are aiming to complete by the end of 2019.

EnergiCrypto

copper member

Activity: 149

Merit: 2

Quote from: CryptoNinja11 on August 03, 2019, 05:50:05 PM

Scam Warning!

Uhhhhh, why is this project needed in the space? What problem does it solve?

It is just a fork of Dash. Buyers beware.

We started as a fork of Dash (and optimized it) because we needed the treasury system. We have transitioned from PoW to PoS and are now working towards transitioning to a powerful smart contract platform with our existing treasury, governance/masternode system and defense team in place to protect users. We are aiming to be the world's leading cryptocurrency platform, and in doing so we will be driving cryptocurrency adoption forward.

jimsteel

full member

Activity: 244

Merit: 102

Very impressive that you have broken into the top 50 tokens on the market, you are growing at a huge rate! I have read in an article that you are a fork of Dash and that you are planning to move to an ETH blockchain, how are you planning to do this and when can we expect it? Will i be able to use MyEtherWallet to store my NRG?

STT

legendary

Activity: 4060

Merit: 1448

Just being a fork doesnt make it a dishonest project, there needs to be greater reasoning then that to come to a solid conclusion against them. I just started reading as I recognise NRG as an esports team but I realise this is not related directly, however I'm interested in POS generally and its development vs POW.

CryptoNinja11

jr. member

Activity: 410

Merit: 1

Scam Warning!

Uhhhhh, why is this project needed in the space? What problem does it solve?

It is just a fork of Dash. Buyers beware.

EnergiCrypto

copper member

Activity: 149

Merit: 2

Energi is now in the Top 50 of CoinMarketCap!

Massive thanks to our Energi Team and to our Energi Community!

Below is a link detailing some of Energi's huge accomplishments:

https://nrg.click/Top50_rainparty

Please join us in Discord as we are celebrating this huge achievement!

EnergiCrypto

copper member

Activity: 149

Merit: 2

Quote from: snoopy2007 on July 30, 2019, 03:10:48 PM

Quote from: Icon on July 03, 2019, 11:23:16 PM

so, whats the point of the treasury, other then devs holding 40% of the coins?.. and what makes this coin so special anyways.. what is the point of this coin? Smart contracts/privacy/etc?

Icon

This is another scam coin, like Kreita, Pure/ Purex/Decentronium, Prometheus59 and soo many others. Be aware, you will lose your money. price will go down and down until 0.0001$

Our treasury is used much more than funding our development team. It funds our ongoing marketing efforts from social media influencer outreach to creating meaningful articles educating readers about Energi and Blockchain technology. The treasury funds are used to get Energi listed on cryptocurrency exchanges. It’s also used to fund the entire Energi Team which includes 50 contributors. Our treasury has been a huge reason of Energi’s success and will be used to continue Energi’s growth with our migration to a smart contract platform and our exchange, Energi X.

snoopy2007

newbie

Activity: 19

Merit: 12

Quote from: Icon on July 03, 2019, 11:23:16 PM

so, whats the point of the treasury, other then devs holding 40% of the coins?.. and what makes this coin so special anyways.. what is the point of this coin? Smart contracts/privacy/etc?

Icon

This is another scam coin, like Kreita, Pure/ Purex/Decentronium, Prometheus59 and soo many others. Be aware, you will lose your money. price will go down and down until 0.0001$

EnergiCrypto

copper member

Activity: 149

Merit: 2

Quote from: smutboy420 on July 29, 2019, 11:06:04 AM

Quote from: ?? on ??

IF earndrop release...good to sell off.

good luck.

IF eardrop release,, ya keyword is the big IF which don't seem as if there is going to be any more eardrops being that the site has been down for weeks and no one seems to be working on it at all. So I would not recommend anyone actually hold there breaths waiting for the promised eardrops.

Earlier this month we published this post which explains the current Earndrop situation. https://medium.com/energi/good-things-take-time-a4ca48ca949b

If you completed the Earndrop with real social media accounts and successfully completed KYC, then you will receive your rewards in due time. We originally set aside 4M NRG coins for the purpose of widespread distribution through the Earndrop campaigns. We already distributed over 1M coins through round 1 and we will indeed distribute the rest of these coins.

EnergiCrypto

copper member

Activity: 149

Merit: 2

Quote from: SkyGrass on July 22, 2019, 05:30:09 AM

So, looking into the project it is my understanding that, as time passes on, the POS rewards get smaller? If not, the only offsetting thing to me is the amount of inflation that could constantly push the price down. What's to stop this from happening? Is there a maximum number of coins? It just seems like it will hyper inflate and lose all it's value over time.

1M NRG will always be released per month, but this will be a decreasing amount of inflation as that 1M is a smaller percentage of the total supply over time. PoS rewards will decrease over time as more NRG is collectively staked. The worst of the inflation was the first year and NRG held up just fine, in fact, it still outperformed almost every other cryptocurrency.

There is no maximum number of coins in Energi because the Treasury and Masternode allocation are essential to Energi’s survival, and are essentially the engine behind Energi. Thus we do not see a reason to give Energi a “death sentence” by removing its engine. The treasury funds have allowed us to expand to a 40 person team and you can see where these funds are directed here: https://www.energi.world/treasury-history/

If you would like to learn more about Energi, I recommend checking out this page:https://www.energi.world/how-energi-sets-itself-apart/ as well as this video: https://www.youtube.com/watch?v=5D1oJk-GzQs

Topic: Energi [NRG] Cryptocurrency for World Adoption | PoS | MN | No-ICO or Premine | - page 35. (Read 44363 times)