Vote To Earn (V2E) | Bitcointalksearch.org

Cryptokobi

full member

Activity: 588

Merit: 100

VOTE TO EARN - Here's your chance to VOTE, IMPACT

Quote from: Cee2 on October 30, 2022, 03:12:24 PM

Quote from: Silberman on October 29, 2022, 04:56:47 PM

Quote from: Cee2 on October 29, 2022, 11:56:12 AM

Quote from: tbct_mt2 on October 26, 2022, 08:07:01 AM

Any project with To Earn is in my blacklist.

There are enough projects and lessons from them for people to learn. Earn, do you think there are available money source for people to earn after spending initial capital and can play, move, run, read, vote ... to Earn forever

It is unrealistic and you should quickly realize it if you are not too greed.

100% agree, plus any project that guarantees me any return even if it's 0.001% I do not care you will not get my money.

This is the right way to view things, not even satoshi dared to say that people will obtain profits if they invested their time and money in bitcoin since he did not knew if bitcoin will survive for long enough or if there could be some kind of major flaw on his code, and if satoshi could not make this kind of guarantee why people think that somehow other developers can? Giving those kind of assurances is done to attract people to invest with them, and as such we need to do the opposite and ignore them.

Only downside is you need to take risks to make it. I love this analogy of Satoshi but unfortunately for humans fear is the strongest emotion. It can be used against you in so many different ways.
[/quoteNo risk here

Cee2

copper member

Activity: 97

Merit: 2

Quote from: Silberman on October 29, 2022, 04:56:47 PM

Quote from: Cee2 on October 29, 2022, 11:56:12 AM

Quote from: tbct_mt2 on October 26, 2022, 08:07:01 AM

Any project with To Earn is in my blacklist.

There are enough projects and lessons from them for people to learn. Earn, do you think there are available money source for people to earn after spending initial capital and can play, move, run, read, vote ... to Earn forever

It is unrealistic and you should quickly realize it if you are not too greed.

100% agree, plus any project that guarantees me any return even if it's 0.001% I do not care you will not get my money.

This is the right way to view things, not even satoshi dared to say that people will obtain profits if they invested their time and money in bitcoin since he did not knew if bitcoin will survive for long enough or if there could be some kind of major flaw on his code, and if satoshi could not make this kind of guarantee why people think that somehow other developers can? Giving those kind of assurances is done to attract people to invest with them, and as such we need to do the opposite and ignore them.

Only downside is you need to take risks to make it. I love this analogy of Satoshi but unfortunately for humans fear is the strongest emotion. It can be used against you in so many different ways.

Silberman

legendary

Activity: 2492

Merit: 1332

Quote from: Cee2 on October 29, 2022, 11:56:12 AM

Quote from: tbct_mt2 on October 26, 2022, 08:07:01 AM

Any project with To Earn is in my blacklist.

There are enough projects and lessons from them for people to learn. Earn, do you think there are available money source for people to earn after spending initial capital and can play, move, run, read, vote ... to Earn forever

It is unrealistic and you should quickly realize it if you are not too greed.

100% agree, plus any project that guarantees me any return even if it's 0.001% I do not care you will not get my money.

This is the right way to view things, not even satoshi dared to say that people will obtain profits if they invested their time and money in bitcoin since he did not knew if bitcoin will survive for long enough or if there could be some kind of major flaw on his code, and if satoshi could not make this kind of guarantee why people think that somehow other developers can? Giving those kind of assurances is done to attract people to invest with them, and as such we need to do the opposite and ignore them.

Blawpaw

legendary

Activity: 1596

Merit: 1027

Quote from: Cryptokobi on October 25, 2022, 08:32:33 AM

Final Thoughts
VoteToEarn has a lot of potential that you can tap into. If anything, venturing into a model that boosts your critical thinking and decision-making skills is a worthy investment.

Coupled with the fact that you can earn passively, you are free to access other users’ profiles to cross-check your decisions. Not only that, VoteToEarn offers you a live vote monitoring opportunity where you can see how the votes are going. As such, you are sure to make careful decisions before voting. With a functional framework and unique strings to pull, we recommend that you join VoteToEarn today

It Looks like a pretty interesting model, as it tries to implement a more democratic approach to the whole Byzantine problem of trustless networks. However, it fails from the beginning when it tries to mimic a democratic model, as democracy, is just an emphasised kind of dictatorship of the majority. The way to resolve this is to completely rethink how decentralized networks work. We need something that doesn't rely on voting. A different approach would be to develop an algorithm that didn't rely on a consensus mechanism and that strongly relied on censorship-resistant and 51%attackless features.

Cee2

copper member

Activity: 97

Merit: 2

Quote from: tbct_mt2 on October 26, 2022, 08:07:01 AM

Any project with To Earn is in my blacklist.

There are enough projects and lessons from them for people to learn. Earn, do you think there are available money source for people to earn after spending initial capital and can play, move, run, read, vote ... to Earn forever

It is unrealistic and you should quickly realize it if you are not too greed.

100% agree, plus any project that guarantees me any return even if it's 0.001% I do not care you will not get my money.

Xal0lex

staff

Activity: 2436

Merit: 2347

Quote from: Strongkored on October 27, 2022, 12:14:48 AM

Quote from: Xal0lex on October 25, 2022, 04:05:13 PM

How many different business models have appeared on the crypto market. But all of them, in my opinion, have one big problem: they do not stimulate participants to develop this business model and the token or coin that supports this model. The majority of people come to these projects for earnings and are not interested in the project itself, its features, etc. The goal is only one: to make a quick buck, preferably involving the connection of many accounts and profiles. Over time, no matter what interesting models developers offer, they all fade away, the price of the token falls to the bottom and the community migrates to some new offer. As long as people don't want to develop projects and only come for earnings, all these models will continue to crumble over time.

I think it happens because the developers itself are also only targeting to thicken their pockets instead of continuing to develop them so that they can develop to good track and many projects whose ideas are not relevant to the needs of the crypto world itself.
Seeing new projects grow and die in a fast time will always be there because sometimes the ideas they develop do not provide any solution.

Likewise with the idea of this project vote to earn, the focus that follows this project will only be on earn because there is never a guarantee of how long they will last and people definitely don't want to waste time just supporting a project without getting a profit

Of course, developers also hunt for quick profits through the hype of attracting new users to the project. But even if the developers really want long-term development of their project and do not see the pump-and-dump scheme as the primary goal, the community and bots still ruin any promising business models, because the primary goal of entering such projects is always the same:

Get in before anyone else
Make money
Take everything and leave to find another project.

CuriousGeorge

sr. member

Activity: 1498

Merit: 251

KUWA.ai

It offers nothing for sure. The project could do airdrop easily to make participants voting to earn. There's no even need to create a new project that related to the vote to earn. The idea looks like unuseful idea. It seems like that the new developers are struggling to find a new innovation and started to create more and more project with non sense idea which can be done easily since a long time ago through offering airdrop to the participants to vote.
I think that this idea is just only gimmick to be used as money grabber only. That idea was making everything to be even more complicated. You can vote and simply earn the reward.
Converting vote as a mining power to receive the token is a wasteful idea for sure.

judeafante

sr. member

Activity: 2254

Merit: 258

We have the play to earn then earn to walk and run now we have this vote to earn this is just another hype by developers who wants to fool investors into thinking that this kind of project is worth it, so much talk about revolutionary the same hype other developers from getting paid to be talking about how revolutionary their projects are, this kind of projects are good in papers only but when it comes to actual model and mainnet the developers cannot come out with a good one.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

The concept is good but there will always be ways to abuse the system, take the money out, and then the devs will not bother reviving the hype on the project. I've seen it happen a lot of times on other potentially big projects in the past and it's just appalling how so many people are being led to believe on the project without the devs/creators sticking with their guns up til the end. Next question would be, what would the developers do in order to sustain the economy of the project? This is where most projects fail, but they don't care to bounce back anyway since the creators have already profited from their cash cow.

Johnyz

full member

Activity: 2086

Merit: 193

Quote from: dansus021 on October 27, 2022, 12:56:23 AM

Quote from: Mr. Magkaisa on October 27, 2022, 12:27:58 AM

Now here anyone can make money by voting, am I correct in my understanding? please correct me if I'm wrong. Then if I look at him, the task is easy, it's just that usually with simple tasks like airdrops, in the end, those who do the task are not given or paid.

The project that i mention is the NEWO NewOrder Token that live on Ethereum chain. Basically after you vote they airdrop some token but its not everytime if i dont mistaken.

But the OP said is project that 100% vote and earn is that even possible

I’m getting more curious about this, is this a new way to promote a project by hosting a voting system and if you get more votes you automatically get listed on exchange and the project will be recognized? I’m actually not familiar with this one but if it’s just a simple vote and simple task, then I think many will participate on this.

TimeTeller

hero member

Activity: 2716

Merit: 588

Quote from: serjent05 on October 27, 2022, 05:44:11 AM

This is one of the new ways to hype or get the attention of people. I can see one of the major flaws here is that it can be exploited by having many mobile devices if the price of the token is good enough to capture the masses into doing the designated task to earn. Another flaw here is the fund to support the coin market that can keep the interest of people and attract more to participate in the said Vote to earn activity.

I have some questions, how can the project maintain the market price of the token since we all know the V2E process is rewarding tokens by doing tasks and no money involved? No one wanted to do stuff that will not yield them profit in the long run so If the project sustains the market price, it is possible that people will turn away from the project.

Just like many other hypes, _ to Earn projects, they may attract interest at the beginning.
But once people are seeing that it is hard to earn money, they will jump over to the other projects.
Just look at several P2E gaming platforms, some already abandoned their platform.
Now, the V2E projects won't succeed if they can't get enough people to continuously support this kind of project.
I am seeing that the interest will be the bottleneck here, how long they can sustain people to patronize their platform?

serjent05

legendary

Activity: 2842

Merit: 1253

Cashback 15%

This is one of the new ways to hype or get the attention of people. I can see one of the major flaws here is that it can be exploited by having many mobile devices if the price of the token is good enough to capture the masses into doing the designated task to earn. Another flaw here is the fund to support the coin market that can keep the interest of people and attract more to participate in the said Vote to earn activity.

I have some questions, how can the project maintain the market price of the token since we all know the V2E process is rewarding tokens by doing tasks and no money involved? No one wanted to do stuff that will not yield them profit in the long run so If the project sustains the market price, it is possible that people will turn away from the project.

dansus021

copper member

Activity: 1988

Merit: 905

Part of AOBT - English Translator to Indonesia

Quote from: Mr. Magkaisa on October 27, 2022, 12:27:58 AM

Now here anyone can make money by voting, am I correct in my understanding? please correct me if I'm wrong. Then if I look at him, the task is easy, it's just that usually with simple tasks like airdrops, in the end, those who do the task are not given or paid.

The project that i mention is the NEWO NewOrder Token that live on Ethereum chain. Basically after you vote they airdrop some token but its not everytime if i dont mistaken.

But the OP said is project that 100% vote and earn is that even possible

Mr. Magkaisa

sr. member

Activity: 770

Merit: 284

Quote from: dansus021 on October 26, 2022, 10:30:07 PM

From what i saw after Playing with DEFI there is actually one or two project you can earn just by vote in couple of DAO so i thinks is not pretty new especially with DAO that do funding to other project

- I remembered during the peak of defi games, at that time and time I was able to invest in a game under Defi games Mydefi games, which later was just hyped and the characters were not used in the game.

Now here anyone can make money by voting, am I correct in my understanding? please correct me if I'm wrong. Then if I look at him, the task is easy, it's just that usually with simple tasks like airdrops, in the end, those who do the task are not given or paid.

Strongkored

legendary

Activity: 2772

Merit: 1112

Leading Crypto Sports Betting & Casino Platform

Quote from: Xal0lex on October 25, 2022, 04:05:13 PM

How many different business models have appeared on the crypto market. But all of them, in my opinion, have one big problem: they do not stimulate participants to develop this business model and the token or coin that supports this model. The majority of people come to these projects for earnings and are not interested in the project itself, its features, etc. The goal is only one: to make a quick buck, preferably involving the connection of many accounts and profiles. Over time, no matter what interesting models developers offer, they all fade away, the price of the token falls to the bottom and the community migrates to some new offer. As long as people don't want to develop projects and only come for earnings, all these models will continue to crumble over time.

I think it happens because the developers itself are also only targeting to thicken their pockets instead of continuing to develop them so that they can develop to good track and many projects whose ideas are not relevant to the needs of the crypto world itself.
Seeing new projects grow and die in a fast time will always be there because sometimes the ideas they develop do not provide any solution.

Likewise with the idea of this project vote to earn, the focus that follows this project will only be on earn because there is never a guarantee of how long they will last and people definitely don't want to waste time just supporting a project without getting a profit

Fundamentals Of

sr. member

Activity: 2310

Merit: 366

The risk here is when voting is done only for the sake of earning. That would only provide a wrong or fake result. That's what happened to surveys that provide incentive to participants after they finish answering all the questions. Participants are not really thinking before giving an answer. They couldn't care less of the result anyway. What they are after is what they can get after finishing the survey. So questions are hastily answered, possibly not even read.

so98nn

hero member

Activity: 2086

Merit: 603

That’s something new and hearing for the first time. Good that community is being imaginative at level which was impossible to think of before crypto. Now all the vote of confidence has increased day by day and we can safely say there are minds who are making real use of crypto space.

I am just not sure how the whole system would work in the long terms.

Quote

Every time a miner achieves the goal of 100 CMP a block is signed as proof of vote (PoV) and the block’s reward is released.

The rewards for PAX (BEP20 token) mining are reduced by half every 210,000 blocks. The first mined of PAX would earn you 50 PAX for mining one block. In block number 210,001 this was halved to 25 PAX. In block number, 420,001 the earn for one block will be 12.5 PAX, etc.

To get started, you need to become a member of one of VoteToEarn’s partner apps and start to vote from any mobile or web device.

I mean the protocol looks simple and there are little bit chances of breaking the system. Though multiple accounts and greed of earning quick cash has never stopped scammers, it could breach with unfair voting too.

I just hope that they have taken care of those loopholes too. Rest system looks really unique.

dansus021

copper member

Activity: 1988

Merit: 905

Part of AOBT - English Translator to Indonesia

From what i saw after Playing with DEFI there is actually one or two project you can earn just by vote in couple of DAO so i thinks is not pretty new especially with DAO that do funding to other project

Silberman

legendary

Activity: 2492

Merit: 1332

Quote from: tbct_mt2 on October 26, 2022, 08:07:01 AM

Any project with To Earn is in my blacklist.

There are enough projects and lessons from them for people to learn. Earn, do you think there are available money source for people to earn after spending initial capital and can play, move, run, read, vote ... to Earn forever

It is unrealistic and you should quickly realize it if you are not too greed.

At the end the fatal flaw of all of those models is that they need an ever growing user base to keep themselves in business, and even if the human population on earth is huge it is not enough to sustain a business model like this, it is because of this all of those do X to earn fail and the main reason why they will keep failing, another problem is that they are very vulnerable to bots, and while it is easy to say they will stop bots if even a company like Twitter cannot do it why should we believe they can?

ryzaadit

legendary

Activity: 2450

Merit: 1225

IMO, a project with this sytem is just like doing "airdrop" task.

Busines model project like this is not really unique from my experience and there is nothing to do with the development & use-case to the real-world as well. Did you think there are gonna to have investor for this one ?

I don't really to see a success on this.

Topic: Vote To Earn (V2E) (Read 238 times)