Post
Topic
Board Announcements (Altcoins)
Re: [ANN]-[IUM] Neuralium MAINNET launch date Confirmed. January 23nd 2021 ≈11:00-5
by
NeuraliumJd
on 20/02/2021, 13:03:31 UTC
marco: you sure seem to have quite the grudge Wink

The Neuralium inflation model is a formula that is pretty much constant, and it has to be to keep that way so that the inflation remains balanced. It is not something that is changed on a whim, like you seem to imply. It is a formula that is known to the public and is not changed often if ever. But it could be changed if inefficiencies in the inflation were detected, and this is always done with the public and is also true of other tokens; they will hard fork if they have to. The goal is to maintain the system stable.

Comparing Neuralium to a bank is trolling in it's purest form; banks are an entirely different thing and you are only trying to hurt by throwing ad hominem attacks towards the project. this is trolling at it's best.

but you know what marco, if you don't like Neuralium, just move on; go to the other 3000+ tokens out there. we never claimed to be everything for everyone. Some people wont like what we do and there is plenty of token diversity just for this. We strongly encourage and respect the other tokens, they have great different offerings. Have a nice life!

I have a question for the developer, if a commercial company is registered in Canada, then it should earn. What will your company earn if you don't want to be in the business of selling your coin?

This is a great question!  I've answered it multiple times in discord and telegram, but I will be happy to do it again here:

WE really are a crypto token service company; in short our business model is to make money on valuable services we will offer on the blockchain. We could have taken the easy way and done what everybody else does and start the services on an existing blockchain, but we have larger dreams. We knew we could make a better blockchain, especially one that had the features we wanted like being green (this is capital, we did not want to further help the destruction of the planet through mining), we needed quantum proof and other cool features that the IUM has or will have in the future.

So, we decided to create our own blockchain first, to the specs we wanted, and AFTER that we would start running services on that blockchain.

For sure, creating a new blockchain and crypto token took much more time than we had initially expected! haha, knowing what I know now, if I was to go back to the start of it all, im not sure I would do it again, lol. it was HARD!  but anyways, we are here now.

So, the idea is that we now have a defacto double role.

roles 1: Benevolent custodian of the token:  like any token out there, there is a dev team (a company) that takes care of managing the token. it is the roles we take on neuralium. Because of the laws in Canada, we are not allow to make profit directly with the token and we are not allowed to mine it or it would be illegal and we would go to jail. so, we donate our time to maintain the project.

Because we can't make money but it does cost money to maintain the IUM, we intend to do an  STO later this year to fund the project through the community. a kind of "GoFundme".

2. once the blockchain is fully stable and working, then we will switch mode and begin creating valuable services on the blockchain, which is our primary business model. Anybody on earth is free to make services for the IUM ecosystem, and we will make some too. This should bring us some money to be able to operate.

I hope this answers your question feeltun  Smiley