Quote from: DonApp on August 03, 2018, 09:07:19 AM

Quote from: LEOS TOKEN on July 29, 2018, 05:16:42 PM

Quote from: mini max on July 29, 2018, 03:49:43 PM

What are the use cases of the token?

Thank you for the question.

You need the LEOS token for the rendering process as a miner. In the Leonardo network a miner needs to stake a specific amount of LEOS token as a security deposit to provide rendering services. Also the LEOS Token will serve as a payment method for rendering services and Creative Services rendered or produced with Leonardo. There'll be also discounts using LEOS token payments.

Best,
LT.

So say I am a miner, first of all I will need to buy expensive GPU mining equipment to be able to participate in the rendering services. I will need to pay hosting and power consumption for the miners. And next to all the costs that I alrady make, I ALSO need to stake LEOS before I can participate in the rendering? Sounds like it is very unprofitable for miners?

How are the miners paid for their work, which currency will be paid and will it be better compared to normal crypto mining (and how much?)

You will be depending on the miners to put their equipment available to you, so you should have some sort of benefit for the miners. What is it?

Thank you for your point of view.

Your point is correct, it is expensive to start from zero, buying gpus etc...

Our project is made for already equipped miners who are currently mining crypto, hosted in facilities like GigaWatt or in proprietary infrastructures.

In that case, Leonardo is a valuable alternative solution.
Miners who already made the initial investment, now can join this ecosystem and make more profit.

Starting from zero is possible but as you say its expensive.

Miners will be paid in Crypto or Fiat based on their preferences.

Best,
LT.