Post
Topic
Board Announcements (Altcoins)
Re: 🦄 [ANN][WATCHDOG][WMP] - Watchdog Masternode Project 🦄
by
PAWSome
on 06/07/2019, 15:25:52 UTC
I have two additional issues that would be helpful if you could address:

1. In your whitepaper, it's shown that there are 50 nodes available for sale
  
  but then a bit further along in the same whitepaper it's shown that
  there are only 43000 coins available for these nodes
  
  and then just in your post earlier in this thread you state that there's 36 nodes available for sale (at least the price is the same)
WATCHDOG Mastenode Presale has now just kicked off
Only 36 full masternodes to sell at 0.35 btc and 5 x 10% shares at 0.035 btc remain.

The question is why the discrepancy? If there are actually only 36 nodes available for sale in the presale (please don't say you sold them ahead of time because the same post quoted above states that the sale just started with no mention of any nodes already sold) then what are the additional 7000 (43000 - 36000 = 7000) coins for?


2. In your whitepaper it's stated that there are "no premine coins to sell"
  
  but if you look at the premine details it's stated there are 50000 coins reserved just for that purpose:
  

Why the discrepancy? Are the premined coins for sale or not?



It's obvious a lot of time and effort has been put into this project so far, so I hope it turns out to be successful. Time will tell I suppose.

With our extensive utility road map, multiple coin use cases and our market experience we strive to be the industry standard.

Which uses cases are these? Who's going to use and is currently using your coin?


Hey there, my apologies for the delayed response but my wife wanted to go out for lunch on this fine sunny day. Apparently, they like to participate in these leisure activities now and then.  Grin

Now let me see if I can clear all this up for you:

There is a 100,000 premine

50,000 of this is allocated for OTC only after the exchange launch and will not be used for any other purposes.

There are:
43 presale masternodes available for public presale (these can also be split and sold for 10% shares) 43,000 total
3 masternodes are allocated to the WATCHDOG team 3,000 total
3 masternodes are allocated for the VAULT Investments team 3,000 total
1 masternode is allocated to the WATCHDOG team which will be used for prize giveaways on their upcoming platform 1,000 total

Total of 50,000 + 50,000 metioned previously for OTC only = 100,000 total and all premin accounted for

To clarify the discrepancy, as WATCHDOG have already stated in an earlier reply.

The mention of 36 masterodes for in presale is taking into account the number reserved before the start of presale.

These were reserved on a "gentleman's agreement" and no payment or obligation were made to purchase.

Use cases are one for WATCHDOG to answer but I can say that some of the use cases will be for payment of subscriptions and premium content on the new WATCHDOG platform.

Thanks for questions, please feel free to fire away with anything further that is unclear.