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Topic: Renos discussion and speculating (Read 160 times)

sr. member
Activity: 476
Merit: 253
January 04, 2018, 12:39:29 PM
#3
Very good move, but why this  is a self-moderated topic?
For blocking spam)
sr. member
Activity: 650
Merit: 350
NOBT - WNOBT your saving bank◕◡◕
December 27, 2017, 09:23:49 AM
#2
Very good move, but why this  is a self-moderated topic?
sr. member
Activity: 476
Merit: 253
December 26, 2017, 09:43:45 PM
#1
So, what we have?

General info
1. Name: Renos (RNS)
2. Coinmarket: https://coinmarketcap.com/currencies/renos/
3. Website: https://renoscoin.com/
4. Official threads:
4.1. Actual: https://bitcointalksearch.org/topic/ann-rns-renos-a-community-based-cryptocurrency-1809933
4.2. Previous: https://bitcointalksearch.org/topic/ann-rns-introducing-renos-a-community-based-altcoin-airdrop-complete-1805861
5. Community:
5.1. Slack: https://renosinvites.herokuapp.com (the most part of community here)
5.2. Telegram: https://t.me/renoscoin
6. Twitter: https://twitter.com/RenosCoin
7. Distribution: Airdrop of ~ 90% of all coins and 10% to devfond. No ICO.
8. Exchanges: the most liquid exchange is Cryptopia

Technical:

Algorithm: X11
Network power: POS
POS Reward: 3 RNS per block
Min stake age: 6 hours
Block Time: 90 seconds
Stake rate: 1% annually
Coinbase Maturity: 50 Blocks
Masternodes: 30,000 RNS per node
Initial Supply 33,333,333

Existing reviews: https://microcapcrypto.com/rns/

Some more about the coin.

So, this coin was launched in the beginning of March. 90% of all coins were airdropped 30k coins per person (amount enough for masternode). 10% of coins were put to devfond that was multisigned by escrow. Firstly there were two devs - lead dev and bl4ck. In the end of April lead dev left the project and bl4ck became lead dev. Then second dev (BurninBones) joined to RNS.
The first codebase didn't accept masternodes and Renos was forked and swapped in June-July. The price had hard pump&dump when markets were reopened.
From autumn till now time devs are developers are working on creating trading system called renobot (alpha is here https://github.com/RenosCoin/RenoBot/releases/tag/v1.1.2). The final version of system will include multiwallet storage with masternodes support integrated with trading functions. This system will be paid by Renos that will give utility to the coin.
What I like in this project?
Firstly it's opened community. Devs are online everyday in slack and you may ask them all questions about the project and else.
Devs haven't abandonned the project after pump&dump period and continue their works. During this time there were much coins that were scammed, but Renos is alive.
Low marketcap - Renos is microcap crypto. Average mcap during last months was 1.300.000 usd (or 3.5 cents for 1 RNS/ 10500 usd for masternode), so it gives great potential for growth in future.
Renos has issues with trading volumes due to problems with listings on big exchanges. But devs and some community members plan to start active marketing in Q1 2018.
Considering these factors I think that Renos is great undervalued coin and see x10-x100 potential of growth.
So, let share your mind about this project
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