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Topic: You Missed ETH, Missed BNB, Please Don't Miss RENEC Too (Read 342 times)

hero member
Activity: 2492
Merit: 548
Undeads.com - P2E Runner Game
There is good growth happening with the altcoins mentioned by Op. People always have the hesitant mind to think of altcoins. What have been suggested by the op is completely new ans to get adopted takes time. In all aspects ones personal view over the market can't be the same with each and everyone prediction about the market.
sr. member
Activity: 2310
Merit: 355
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I've updated the op with the Renec whitepaper, you can also find it here - https://renec.foundation/renec-whitepaper.pdf
Thanks for providing the whitepaper, it might take me a while to get trough it to respond in detail.
What comes to price, looks like it jumped. It was around $0.8 while ago. Well good for them. Still it's quite problematic to view it in dollars when the token is going to be volatile.

I'll definitely take a closer look at the project now, marketcap isn't even 100m so it's pretty cheap (if their fundamentals hold up).
This still a basic things to do before you invest, its good to see investors reading the white paper first before making any decision.
Anyway, I missed a lot of opportunities as well and with this maybe I can consider to hold as well if its ok with my standard. Just need to know its utility and other things compare to the project that is already out in the market. I’m actually looking for innovation, so maybe OP can share more about what’s good about this project that can’t be seen with the top altcoins?
legendary
Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
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I've updated the op with the Renec whitepaper, you can also find it here - https://renec.foundation/renec-whitepaper.pdf
Thanks for providing the whitepaper, it might take me a while to get trough it to respond in detail.
What comes to price, looks like it jumped. It was around $0.8 while ago. Well good for them. Still it's quite problematic to view it in dollars when the token is going to be volatile.

I'll definitely take a closer look at the project now, marketcap isn't even 100m so it's pretty cheap (if their fundamentals hold up).
legendary
Activity: 2226
Merit: 1049
Leading Crypto Sports Betting & Casino Platform
Going to check this out, i don't like dPoS but always willing to learn about new coins.
Renec Blockchain has been launched since October 2022 and has been organically building.
Renec is a coin that powers Renec Blockchain, a powerful decentralized blockchain built for the web 3 users, to enable millions of users build and use applications that solves real world problems.
So few things; I love the fact they have an exchange up and running already, but twitter shows renec is founded in 2021, yet their homepage https://renec.foundation/ seems to be still under construction and i can't find any white paper to check out what real world problems would it solve. Maybe you could tell or point out to somewhere i can read more.


Fill this form if you wanna BUIDL on Renec Blockchain and get over $100k grant from team + free marketing + all gas fees from your project refunded https://bit.ly/renecgrants

That max grant is being paid in 100k RENEC, not $100k so you might want to edit that typo.
Sorry for the late reply mate,
When I said over $100,000, it wasn't a typo, that is because 100,000 renec is actually over $100,000, 1 Renec coin is currently worth $1.1885 usd, but sure, I will correct it.
Remitano.com exchange has been the site to sort about renec from June, 2021, the mainnet was actually launched on October 14th, 2022, and that was also when they started building the Renec.foundation website, Remitano exchange wants to make Renec Blockchain a stand alone project, this is the reason for the new website, and besides, the website is up and running now, though some part of it is still under construction.

I've updated the op with the Renec whitepaper, you can also find it here - https://renec.foundation/renec-whitepaper.pdf


When will it possible to acquire RENEC by purchasing it? I can only find people have access to it through mining at this moment, or is there any updates already?
Mining has ended since 30th of September, 2022, Renec is available for buying and selling on Remitano exchange for now, price is currently $1.1885 usd,
And I can assure you that Renec is a good investment, don't take my word for it though, do you own research.
hero member
Activity: 1946
Merit: 583
Free Crypto Faucet in Trustdice

Renec Blockchain has been launched since October 2022 and has been organically building.

Renec is a coin that powers Renec Blockchain, a powerful decentralized blockchain built for the web 3 users, to enable millions of users build and use applications that solves real world problems.
This has been going on for a long time, but unfortunately when I opened trading, the total Renec I had was reduced and in the end the process was vested every month. If I'm not mistaken I got an allocation of around $80 but it turned into $40 due to an unreasonable discount.

The last few weeks I attended the Learn To Earn event which I think is a very popular project in Nigeria. Even with features that try to follow the Binance trend. One of them, Learn to Earn, which was held, gave quite extensive knowledge. In terms of knowledge, I was quite helped and I could learn more.
legendary
Activity: 2520
Merit: 1073
I see scarcity is one of the main reasons presented to invest on this coin, since there is a limited supply of 75,000,000 of them, besides having a relatively long operating team in crypto market since 2015, which managed to build its own native blockchain.

When will it possible to acquire RENEC by purchasing it? I can only find people have access to it through mining at this moment, or is there any updates already?

I'm not sure if it's a good investment, but if the coin's price is cheap yet, it may worth risk acquiring some coins.
75m is lesser than those coins with a billion supply but it is higher than some cryptos like BTC who only have a 21m supply. I think supply doesn't really matter but what matters the most is if the coin is not a scam and then it has a great utility. The OP already state some of its features so you should refer to it and decide if Renec is a good investment for the future or not.

One of the features of this coin is said it was highly decentralized. I like this to be honest because when we saw decentralized means we can be anonymous and then it was also free from manipulations. Not many crypto are decentralized and if ever there are, I think they aren't really that good except from BTC of course.
hero member
Activity: 2002
Merit: 775
Leading Crypto Sports Betting & Casino Platform
I see scarcity is one of the main reasons presented to invest on this coin, since there is a limited supply of 75,000,000 of them, besides having a relatively long operating team in crypto market since 2015, which managed to build its own native blockchain.

When will it possible to acquire RENEC by purchasing it? I can only find people have access to it through mining at this moment, or is there any updates already?

I'm not sure if it's a good investment, but if the coin's price is cheap yet, it may worth risk acquiring some coins.
hero member
Activity: 2562
Merit: 577
Sometimes i wonder how this project could be that powerful, REMITANO.com mainly their services are very poor talking less of investing in their project. Well altcoin is very risky to invest, so therefore any one putting their funds should carry out appropriate research.
There have been a lot happening around the cryptospace recently.

BTW, are you among the team?
I can see your Strength and Energy trying to protect the project with all you could.

Have you used their service before? if not then how do you come to the conclusion they have poor service? As i know, remitano is an old p2p platform, i have a friend who bought his first btc from remitano due to a lack of exchanges to buy way back when and there was no complaint of the platform.
And yeah, it is easy to tell people to carry out proper research but in reality, no amount of research will prevent a project from going under if that was the plan. 
In case you don't know, people are making money on a daily basis through alts just as people are losing, same applies to even btc.

REMITANO.com is a Nigerian p2p service providers which at the starting of their operation was too risky to use them, my friend fell victim with their services and they can't deliver very fast. When i noticed i make a turn started using Binance p2p at least it was smarter and safer to use.
Although i am not tarnishing their images but is of a likeness, others may prefers using them but i don't have the love anymore again.

First of all....  Some people have being in btc before binance became a thing hope you know that.

Secondly, who told you it is a Nigerian p2p exchange? Where did you get such info? Because through Google search I can only see something different, maybe you can point me to the place where to read about it.
This is the co-founder
Quote
Dang H. A.Co-Founder at RemitanoRemitano - Cryptocurrency ExchangeVietnam National University, Hanoi
Hanoi, Hanoi, Vietnam

And these I believe to be among the team members
Quote
Ho Anh Dzung
Business Developer at Remitano
Vietnam

Tuan Nguyen
Investor at Remitano - Cryptocurrency Exchange
Ho Chi Minh City, Vietnam

Dung Ngo
Web Developer at Remitano - Cryptocurrency Exchange
Vietnam

Nguyen Huy Hoang
Work at Remitano - Cryprocurrency Exchange
Ho Chi Minh City, Vietnam

Ngọc Bạch Văn
Ruby on Rails Developer at Remitano - Cryptocurrency Exchange
Vietnam

Bui Van Duong
Developer at Remitano - Cryptocurrency Exchange
Vietnam

Tai Tran
Software developer at Remitano - Cryptocurrency Exchange
Vietnam

Linh Ly Manh
Developer at Remitano - Cryptocurrency Exchange
Vietnam

Hung Nguyen
Back End Developer at Remitano - Cryptocurrency Exchange
Vietnam

Tuan Nguyen
Software Engineer and Vim enthusiast
Ho Chi Minh City, Vietnam

Linh Bùi (builink)
Editor in Chief at BeInCrypto
Vietnam

Long Pham
Senior Growth Product Manager at Crypto Exchange
Ho Chi Minh City Metropolitan Area

Phuong Nguyen
Recruiter at Remitano - Cryptocurrency Exchange
Vietnam

Văn Tố Vy (To Vee)
Digital Marketer at Remitano - Cryptocurrency Exchange

Ho Chi Minh City, Vietnam
Lê Chí Nguyên
Full Stack Engineer at Remitano
Vietnam

Nguyen Hao
Full-stack Developer at Remitano - Bitcoin P2P Trading
Vietnam

Thắng Nguyễn
Digital Marketing/Business Development Manager
Vietnam

Except for the below guy who is the only Nigerian among this list.
Quote
Adedolapo Adeagbo
Lead Acquisition Manager for Blockchain & Cryptocurrency Exchange Remitano | Senior Product Marketer |Digital Marketer | DeFi | NFTs | GameFi | Metaverse | P2E | Web3 Software Developer (in progress)
Nigeria

Source LinkedIn

So let me have the info where it is written that Remitano is Nigerian p2p, or perhaps there are two different types.
hero member
Activity: 1400
Merit: 650
Always Act Smart and Play Safe With Your Funds
Sometimes i wonder how this project could be that powerful, REMITANO.com mainly their services are very poor talking less of investing in their project. Well altcoin is very risky to invest, so therefore any one putting their funds should carry out appropriate research.
There have been a lot happening around the cryptospace recently.

BTW, are you among the team?
I can see your Strength and Energy trying to protect the project with all you could.

Have you used their service before? if not then how do you come to the conclusion they have poor service? As i know, remitano is an old p2p platform, i have a friend who bought his first btc from remitano due to a lack of exchanges to buy way back when and there was no complaint of the platform.
And yeah, it is easy to tell people to carry out proper research but in reality, no amount of research will prevent a project from going under if that was the plan. 
In case you don't know, people are making money on a daily basis through alts just as people are losing, same applies to even btc.

REMITANO.com is a Nigerian p2p service providers which at the starting of their operation was too risky to use them, my friend fell victim with their services and they can't deliver very fast. When i noticed i make a turn started using Binance p2p at least it was smarter and safer to use.
Although i am not tarnishing their images but is of a likeness, others may prefers using them but i don't have the love anymore again.
full member
Activity: 1610
Merit: 103
The OGz Club
I really don't understand why it has to be RENEC? I see the RENEC website is very ordinary, only 7 validator nodes are listed?,
and you say RENEC will be the next ETH or BNB, I think it will be funny that RENEC can achieve this and even in coinmarketcap RENEC is not found.
I'm sure there are still many good competitors for the next ETH or BNB like EOS, Matic, Polkadot and maybe even Nervos.
hero member
Activity: 2562
Merit: 577
Sometimes i wonder how this project could be that powerful, REMITANO.com mainly their services are very poor talking less of investing in their project. Well altcoin is very risky to invest, so therefore any one putting their funds should carry out appropriate research.
There have been a lot happening around the cryptospace recently.

BTW, are you among the team?
I can see your Strength and Energy trying to protect the project with all you could.

Have you used their service before? if not then how do you come to the conclusion they have poor service? As i know, remitano is an old p2p platform, i have a friend who bought his first btc from remitano due to a lack of exchanges to buy way back when and there was no complaint of the platform.
And yeah, it is easy to tell people to carry out proper research but in reality, no amount of research will prevent a project from going under if that was the plan. 
In case you don't know, people are making money on a daily basis through alts just as people are losing, same applies to even btc.
hero member
Activity: 1400
Merit: 650
Always Act Smart and Play Safe With Your Funds
Sometimes i wonder how this project could be that powerful, REMITANO.com mainly their services are very poor talking less of investing in their project. Well altcoin is very risky to invest, so therefore any one putting their funds should carry out appropriate research.
There have been a lot happening around the cryptospace recently.

BTW, are you among the team?
I can see your Strength and Energy trying to protect the project with all you could.
legendary
Activity: 2044
Merit: 1018
If it is a token from a centralized company, it won't be better than ETH.

RENEC and BNB are both from centralized companies but if you compare them, Binance is better than Remitano. BNB is better than RENEC.

Remitano has many successful years in crypto market so their token RENEC can have a successful future too. However I still see more risk with RENEC token than with ETH and BNB.

BNB now has very cheap price and from $250 to $4000 like ETH made in 2020 bull market, it's enough for me. x20 with BNB is enough and I don't want to take higher risk with RENEC.
hero member
Activity: 1274
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Renec blockchain still looks new and may have to go through a long period of research before joining the community.
for now I'm not really thinking about new projects because the situation will be very tough in 2023.
not many can survive in this kind of situation but if Renec is able to develop his project until the bulls arrive there might be little chance of success. but keep in mind that something new and appearing in an inappropriate situation must be considered and requires detailed research.
hero member
Activity: 2842
Merit: 625
It is interesting to see that remitano is on action and they've built their own project and token. Yeah, I've missed BNB and a bit for Ethereum so, that has got me thinking if this is worth to look at.

But as the typical me will do, I'll still look for some more research and time before investing on it. Aside from the explorer website, do they have a dedicated website where most information are written?

that's one thing you really need to look at, at least an official website of the project. because a serious project will dedicate a lil bit of their resources to have a decent website to begin with.

if this is their official website for the exchange - https://remitano.com/home/ng

it means, they are catering more on nigerian users as they are offering buy/sell of crypto and NGN currency. though we don't know the role of the OP to this project but would be nice if he will share official sites to visit to. remember, there are so many fake sites these days.
That's the main company but there should be the dedicated website for renec for most stuff and details that anyone might want to look at and read it.

I guess since it's still in the stage of developing, most talks and questions will be answered through discord and other social media platforms where they've got an account.
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
It is interesting to see that remitano is on action and they've built their own project and token. Yeah, I've missed BNB and a bit for Ethereum so, that has got me thinking if this is worth to look at.

But as the typical me will do, I'll still look for some more research and time before investing on it. Aside from the explorer website, do they have a dedicated website where most information are written?

that's one thing you really need to look at, at least an official website of the project. because a serious project will dedicate a lil bit of their resources to have a decent website to begin with.

if this is their official website for the exchange - https://remitano.com/home/ng

it means, they are catering more on nigerian users as they are offering buy/sell of crypto and NGN currency. though we don't know the role of the OP to this project but would be nice if he will share official sites to visit to. remember, there are so many fake sites these days.
hero member
Activity: 2842
Merit: 625
It is interesting to see that remitano is on action and they've built their own project and token. Yeah, I've missed BNB and a bit for Ethereum so, that has got me thinking if this is worth to look at.

But as the typical me will do, I'll still look for some more research and time before investing on it. Aside from the explorer website, do they have a dedicated website where most information are written?
staff
Activity: 2380
Merit: 2266
I am confused by the fact that there is no information on investors, who and when conducted financing rounds. If the project does not have large investors and funds, if they have not conducted seed and strategic funding rounds, then there is no point in investing in this project, because with 99% probability it will only grow in the short term, after that it will never get to its previous peaks again. I have seen quite a few such projects and now I always look only at those that have investments from major players.
legendary
Activity: 2142
Merit: 1024
Vave.com - Crypto Casino
Is this the token of the P2P exchange remitano.com? I used to use this exchange and also heard about the RENEC token but was never interested in it. I see you're exaggerating when you try to compare it to Ethereum or Binance smart chain, it's a pretty lame comparison.

It just launched this year which means it has a long way to go and find a way to survive this bear season before thinking it will become as big as ETH or BNB.
Remitano was doing great before Binance was born, but since the birth of Binance, it has almost eclipsed all other P2P exchanges, I doubt Remitano's existence in the future.
legendary
Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
Going to check this out, i don't like dPoS but always willing to learn about new coins.
Renec Blockchain has been launched since October 2022 and has been organically building.
Renec is a coin that powers Renec Blockchain, a powerful decentralized blockchain built for the web 3 users, to enable millions of users build and use applications that solves real world problems.
So few things; I love the fact they have an exchange up and running already, but twitter shows renec is founded in 2021, yet their homepage https://renec.foundation/ seems to be still under construction and i can't find any white paper to check out what real world problems would it solve. Maybe you could tell or point out to somewhere i can read more.


Fill this form if you wanna BUIDL on Renec Blockchain and get over $100k grant from team + free marketing + all gas fees from your project refunded https://bit.ly/renecgrants

That max grant is being paid in 100k RENEC, not $100k so you might want to edit that typo.
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