Hello FireToken community,
We are pleased to announce that our new smart contract swap will be ready sometime tomorrow. Staking reward will be removed from site and system, replaced by community voting incentive.
The voting incentive amount is calculated based on the amount of voting points each member uses on our weekly polls. All voting members are qualified for reward. The reward is given in FireTokens.
Exchange listings will be enable, so any erc20 based decentralized exchanges may be used to trade our tokens. Our partner exchanges will also be listing our tokens when they launch.
FireToken privacy network is projected to take approximately 3 weeks period, although given our own current track record, let's call it more than a month with the high possibility of exceeding deadline. FireToken will be the first decentralized ERC20 token to be able to utilize the high trading volume, ease of use, listing and exchanges plus able to transfer privately through our enclosed network.
With FireToken network, you will be able to trade using our bots, communicate trading strategies with our community, vote on our group concensus signals, buy unique FireToken services, and transfer funding privately, all under the same umbrella of FireToken network.
We will continue our innovation, and normal operation will resume after the current delays. We want to thanks our partners who are lending their assistance to us, we are very touched and are grateful to have you as our partners. We will always do our best for our community, and we ask that you stand by us just as you are now, so that we can continue to support each others and grow our network in the days to come. Thank you.
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\these are all great updates. We have been waiting for quite a while for you to get listed.
The staking rewards are what got me to buy into firetoken, how will the incentives match up.
\i get the voting part but i dont participate in other alt coins. \i just buy and hold trade.
Now it sounds like you guys want us to work for our rewards?
\and it doesnt sound like it will be as lucrative as before right?
\im actually ok with that, but when will the exchange happen? \alot of us have been patiently waiting for a while already....
What is this firetoken privacy going to do for us?
\im a loyal investor, i dont want to sound like im gonna dump my tokens but we have all been waiting for this update for a while.
If you follow the telegram chat
https://t.me/firetokencommunity you will see that listing is an issue because of staking and anonymous team. Exchanges are not willing to put themselves at risk anymore like before. Anything with staking and lending structure is best to stay away from. Its true, very understandable though.
They should consider the concept and the community behind it tho, Bitcoin is anonymous and nobody seem to care when they dump their whole life saving into it. Nobody force investors to buy, consider the risk over reward and make smart investment after you understand the potential. I believe in their concept, and Im a trader. Group Consensus is a real thing, good strong indicator too. They provide the right tools, with good concept. If the community is the one dictate the direction and investment choices, you have that many head and that many eyes looking over the data.
Passive income is gonna sound like scam, and most of them are anyways unless it has some sort of mining or staking to verify transaction on its own blockchain. Even with that, you need to spend your computer processing power. Voting incentive is good because it make members participation higher. When you vote on the correct choice I bet you will feel pretty good and you gonna keep doing it. The reward is gonna feel good too because you put in work to research and vote on the right investment with the group. Token stay full utility, people get reward. Good strategy to me.