Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BWK] BULWARK | NO ICO | Masternodes | Accelerated PoW | Seesaw PoS/MN
by
BWK-Frogman
on 05/12/2017, 05:31:07 UTC
in exchange, buy order is very low.
Dev, you need to list BULWARK in a masternode list like: mnrank.com, masternodes.pro,...etc...

We are working toward listing on these sites, Coin Market Cap, and additional exchanges.  We have applied to CMC and are awaiting approval.  Once approved by CMC, some the Masternode sites that use the CMC API will be able to list our coin. This launch exceeded our wildest expectations and we are both excited, and grateful, for the amount of support we are seeing put behind this coin.  Can you believe that we hit 1 TH/S nethash within 72 hours of launch.  That's approximately 20,000 GPU's pointed at BWK!!!!

Let's do some math:

There are 19 Masternodes on the network currently.   Each MN receives roughly 1/19th of the 9600 BWK allocated for Masternodes.  A Masternode requires 5000 BWK.  With current numbers, nodes will produce 5000 BWK within TEN DAYS.  Think about that! Remember that node rewards are currently 80/20 favoring miners and will gradually scale to 50/50 over the next 90 days.   The number of nodes will scale up, but so will the rewards.

There are a total of 7,600 BWK for sale on Coinsmarkets (https://coinsmarkets.com/trade-BTC-BWK.htm), but there's a big gap between Ask / Sell and the people asking aren't really moving toward the buy-side on the order book.   This is healthy market making activity and we want a natural price point to emerge from normal market forces.