The disclaimer is a coutesy for token users.I'm in the USA and trust me,if they want to get rid of you,they will.
As far as counteracting any dilluting effect mining has on price.I'm open to any suggestions.I had a few ideas based on a new mainnet but the cost of development would be extensive.There is also the issue with listing new mainnets on exchanges.The exchanges are refuseing to add nodes that are not ethereum or one of its dopplergangers.
I went with an erc20 token.I know that is probably not the best solution.The burn rate should put some pressure on the bid side and cancel out some of the dilluting effects.
Topic: Redux Token Launch erc20(RDX) !!BIT THE DUST!! (Read 166 times)
Introducing Redux Token
Redux Token is a utility token aimed at resolving some key issues that come with the standard Crypto mime. One of its unique features is an automatic burn on each transaction made. Burn rate is continued until the total supply is 500,000 tokens. Initial supply is only 5 million and further restrictions on sells are design to give much needed growth without any diluting effects. The goal is to at least maintain value and provide a psychological barrier against selling. learn more at https://goredux.com
ICO details:
There isn't one.The goal here is to avoid the many of problems with ICOs. Limited amounts of RDX will be sold weekly with the price
based on set percentages above the fair market price.This prevents the project from getting the cash up front and bailing out or falling short on expectations.It also promotes organic growth of the project and forces participation of the parties involved.The burn and fee provide incentive to be successful.The fee schedule ensures there cannot be income to the project unless there is usage of the coin.That Forces continued development.The burn provides incentive to hold the coins rather than sell and in theory, positive bid force(price appreciation).
Exchanges
We are live on Forkdelta https://forkdelta.app/#!/trade/0x792a229b8d6e48fb42dc6914bb181ce8a6b5a317-ETH
We are looking more exchanges but we will not pay to play. We cannot due to the limitation on sales amounts.We would not be able to enforce the restrictions on a third party.If an exchange Geoblocks ip addresses, we would prefer that you not list us.
Contract Info
Etherscan link https://etherscan.io/token/0x792A229b8d6E48fB42DC6914BB181cE8a6B5a317
Github https://github.com/BitcoinBusted/BitcoinBusted.github.io
Social Media pages
These are some of our social media pages. We need your input,This project is in its infancy and has very little social media connections
Facebook https://www.facebook.com/pg/Redux-Token-109461007225600
Telegram chat at https://t.me/reduxtoken
Twitter https://twitter.com/ReduxToken
Instagram https://www.instagram.com/reduxtoken/
Disclaimer : Redux Token is not a security or commodity, no assets are connected to the token.It is a utility token constructed for future use.
Redux Token is a utility token aimed at resolving some key issues that come with the standard Crypto mime. One of its unique features is an automatic burn on each transaction made. Burn rate is continued until the total supply is 500,000 tokens. Initial supply is only 5 million and further restrictions on sells are design to give much needed growth without any diluting effects. The goal is to at least maintain value and provide a psychological barrier against selling. learn more at https://goredux.com
ICO details:
There isn't one.The goal here is to avoid the many of problems with ICOs. Limited amounts of RDX will be sold weekly with the price
based on set percentages above the fair market price.This prevents the project from getting the cash up front and bailing out or falling short on expectations.It also promotes organic growth of the project and forces participation of the parties involved.The burn and fee provide incentive to be successful.The fee schedule ensures there cannot be income to the project unless there is usage of the coin.That Forces continued development.The burn provides incentive to hold the coins rather than sell and in theory, positive bid force(price appreciation).
Exchanges
We are live on Forkdelta https://forkdelta.app/#!/trade/0x792a229b8d6e48fb42dc6914bb181ce8a6b5a317-ETH
We are looking more exchanges but we will not pay to play. We cannot due to the limitation on sales amounts.We would not be able to enforce the restrictions on a third party.If an exchange Geoblocks ip addresses, we would prefer that you not list us.
Contract Info
Etherscan link https://etherscan.io/token/0x792A229b8d6E48fB42DC6914BB181cE8a6B5a317
Github https://github.com/BitcoinBusted/BitcoinBusted.github.io
Social Media pages
These are some of our social media pages. We need your input,This project is in its infancy and has very little social media connections
Facebook https://www.facebook.com/pg/Redux-Token-109461007225600
Telegram chat at https://t.me/reduxtoken
Twitter https://twitter.com/ReduxToken
Instagram https://www.instagram.com/reduxtoken/
Disclaimer : Redux Token is not a security or commodity, no assets are connected to the token.It is a utility token constructed for future use.
Yet another deflationary token purporting to solve a mining problem... Amazing when folks can't tell their coin from their tokens while claiming they are the next best thing since halving bitcoin.
And that disclaimer... disclaimers don't do nothing these days if you don't have a legal review from a recognized jurisdiction
Introducing Redux Token
Redux Token is a utility token aimed at resolving some key issues that come with the standard Crypto mime. One of its unique features is an automatic burn on each transaction made. Burn rate is continued until the total supply is 500,000 tokens. Initial supply is only 5 million and further restrictions on sells are design to give much needed growth without any diluting effects. The goal is to at least maintain value and provide a psychological barrier against selling. learn more at https://goredux.com
ICO details:
There isn't one.The goal here is to avoid the many of problems with ICOs. Limited amounts of RDX will be sold weekly with the price
based on set percentages above the fair market price.This prevents the project from getting the cash up front and bailing out or falling short on expectations.It also promotes organic growth of the project and forces participation of the parties involved.The burn and fee provide incentive to be successful.The fee schedule ensures there cannot be income to the project unless there is usage of the coin.That Forces continued development.The burn provides incentive to hold the coins rather than sell and in theory, positive bid force(price appreciation).
Exchanges
We are live on Forkdelta https://forkdelta.app/#!/trade/0x792a229b8d6e48fb42dc6914bb181ce8a6b5a317-ETH
We are looking more exchanges but we will not pay to play. We cannot due to the limitation on sales amounts.We would not be able to enforce the restrictions on a third party.If an exchange Geoblocks ip addresses, we would prefer that you not list us.
Contract Info
Etherscan link https://etherscan.io/token/0x792A229b8d6E48fB42DC6914BB181cE8a6B5a317
Github https://github.com/BitcoinBusted/BitcoinBusted.github.io
Social Media pages
These are some of our social media pages. We need your input,This project is in its infancy and has very little social media connections
Facebook https://www.facebook.com/pg/Redux-Token-109461007225600
Telegram chat at https://t.me/reduxtoken
Twitter https://twitter.com/ReduxToken
Instagram https://www.instagram.com/reduxtoken/
After completion of our initial legal review, I regret to inform you that this project is suspended in the USA.Even though our government in the United States claims that cryptocurrencies are Legal, due to the singular action of the SEC. It has been made clear that they are not.There is currently no way to properly register a token for ICO with the SEC and issuing without registration(There approval) would be foolish.The new plan is to kickstart sales outside of the USA and use some of the funding to go reg A or D
Redux Token is a utility token aimed at resolving some key issues that come with the standard Crypto mime. One of its unique features is an automatic burn on each transaction made. Burn rate is continued until the total supply is 500,000 tokens. Initial supply is only 5 million and further restrictions on sells are design to give much needed growth without any diluting effects. The goal is to at least maintain value and provide a psychological barrier against selling. learn more at https://goredux.com
ICO details:
There isn't one.The goal here is to avoid the many of problems with ICOs. Limited amounts of RDX will be sold weekly with the price
based on set percentages above the fair market price.This prevents the project from getting the cash up front and bailing out or falling short on expectations.It also promotes organic growth of the project and forces participation of the parties involved.The burn and fee provide incentive to be successful.The fee schedule ensures there cannot be income to the project unless there is usage of the coin.That Forces continued development.The burn provides incentive to hold the coins rather than sell and in theory, positive bid force(price appreciation).
Exchanges
We are live on Forkdelta https://forkdelta.app/#!/trade/0x792a229b8d6e48fb42dc6914bb181ce8a6b5a317-ETH
We are looking more exchanges but we will not pay to play. We cannot due to the limitation on sales amounts.We would not be able to enforce the restrictions on a third party.If an exchange Geoblocks ip addresses, we would prefer that you not list us.
Contract Info
Etherscan link https://etherscan.io/token/0x792A229b8d6E48fB42DC6914BB181cE8a6B5a317
Github https://github.com/BitcoinBusted/BitcoinBusted.github.io
Social Media pages
These are some of our social media pages. We need your input,This project is in its infancy and has very little social media connections
Facebook https://www.facebook.com/pg/Redux-Token-109461007225600
Telegram chat at https://t.me/reduxtoken
Twitter https://twitter.com/ReduxToken
Instagram https://www.instagram.com/reduxtoken/
After completion of our initial legal review, I regret to inform you that this project is suspended in the USA.Even though our government in the United States claims that cryptocurrencies are Legal, due to the singular action of the SEC. It has been made clear that they are not.There is currently no way to properly register a token for ICO with the SEC and issuing without registration(There approval) would be foolish.The new plan is to kickstart sales outside of the USA and use some of the funding to go reg A or D
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