Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Minereum - First Self Mining Smart Contract - TOKEN SERVICE NOW LIVE
by
Tonton99
on 19/07/2017, 18:55:33 UTC
Miss this project but watching for anoter projet from the dev Smiley

Good news for you read this update soon they will start a new version of mining but you have Minereum to make it active the more coins you will put the bigger reward you will get.

update

Hi Everyone,

Just want to give a quick update.

We are working on the version 2.0 of the Self Mining Smart Contract, this new version will have multiple new features that will make it a leap forward in Smart Contract Mining Technology, keep in mind that Minereum is the first Self Mining Contract and this is still a very young technology.

We are still defining all the details but we plan to make all Minereum Genesis address convertible to the new Genesis Addresses and Minereum holders will be able to convert their coins to new Genesis too, the more Minereum you have, the more new Genesis you will be able to get. All MNE received will be burned.

One important point on this new version is that the Supply will be much more restricted than in Minereum, while Minereum supply creation rate is static, the new version will decrease over time, making it more and more hard to mine over time.

Minereum will continue as normal and our plans remain, our goal for Minereum is to launch services around it and also to burn as much coins as possible, we believe that burning coins is a good way of giving value to holders since the supply in reduced.

Stay tuned for more updates!

so we have to keep some MNE to get the  other coin?

That's the plan, you only can obtain the new coin (name it MNE 2.0) when you hold MNE. I guess it will be like a token sale, you buy 100 new coins for 1 MNE or something and a genesis account for ... MNE. All the MNE swapped will be burned so that is very interesting for the value of the remaining MNE.
The best thing about this new token release is that the only way in is that you hold MNE so see it as an investment rather than a quick buck.