Author Topic: Marinecoin MTC Business proposal by Ayuluv  (Read 1756 times)

Frank

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #30 on: November 14, 2018, 07:04:07 am »
I have enough node and I want to buy more

ayuluv

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #31 on: November 14, 2018, 11:24:04 am »
I have enough node and I want to buy more
A good plan indeed
1-2 sat are awesome price

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makesushi

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #32 on: November 14, 2018, 11:43:46 am »
the problem I see with this is there is so few coins to be rewarded to the nodes...
how will 20% of the coin supply be enough to satisfy 50% of the coin supply being nodes?

ayuluv

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #33 on: November 14, 2018, 11:45:05 am »
If you had read the BP properly, it also mentioned about rewards from f1cx?


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ayuluv

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #34 on: November 14, 2018, 11:47:51 am »
You need to see the big picture after mtc rewards are completed

It might not be 20% and I don't think it is less because a bank would not give you so much interest plus profit sharing from their sales as well

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makesushi

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #35 on: November 14, 2018, 11:57:13 am »
I understand now, just saying other masternode projects have a bigger potential for rewards and that's something you should consider, maybe flipping it round like 30% to guardian nodes and 40% in the reward pool

ayuluv

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #36 on: November 14, 2018, 12:09:56 pm »
I understand now, just saying other masternode projects have a bigger potential for rewards and that's something you should consider, maybe flipping it round like 30% to guardian nodes and 40% in the reward pool
I don't agree to that
Too little nodes not good
I am trying to solve alot of issue especially decentralise

You need to really balance out
Even at 1b reward it is more than enough if f1cx takes few months to take off instead of 1-2 yrs

40% for nodes are not balance IMHO


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ayuluv

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #37 on: November 14, 2018, 12:10:52 pm »
If a person is a real investor with far sight, they will be looking at f1cx and eo reward instead of mtc temp reward

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ayuluv

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #38 on: November 14, 2018, 12:11:18 pm »
And do bear in mind this node project is limited hence demand is there

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ayuluv

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #39 on: November 14, 2018, 12:12:20 pm »
Whatever it is will let Bruce decide.

Those whom had gone through my BP properly will truly understand that it take alot of effort to balance out mtc for all aspects

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makesushi

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #40 on: November 14, 2018, 12:19:27 pm »
well, you can always lower the capital for each node from 5 million to say 1 million, that would give you more nodes...
also, you should always plan for things to go wrong and take longer than expected, it might take a long time before f1cx dex is built and running and even longer for it to have big trading volume.
also with your current model, the rewards pool would only be a 40% ROI on the 5 million needed.
right now on masternodes online there are 480 MN coins and 433 have a bigger ROI than 40% per annum.
earlier you were comparing MTC node incentives to banks, but this is crypto, you have to compare your self to the other MN coins.


makesushi

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #41 on: November 14, 2018, 12:24:46 pm »
either way I'm excited that we are going places with MTC, just an opinion of mine to give you guys more time in case you need it.

ayuluv

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #42 on: November 14, 2018, 12:27:05 pm »
well, you can always lower the capital for each node from 5 million to say 1 million, that would give you more nodes...
also, you should always plan for things to go wrong and take longer than expected, it might take a long time before f1cx dex is built and running and even longer for it to have big trading volume.
also with your current model, the rewards pool would only be a 40% ROI on the 5 million needed.
right now on masternodes online there are 480 MN coins and 433 have a bigger ROI than 40% per annum.
earlier you were comparing MTC node incentives to banks, but this is crypto, you have to compare your self to the other MN coins.
1m node the rewards will be worse if u are not satisfied with the current reserve

Did you consider that? More people sharing killing yourself. In future

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makesushi

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #43 on: November 14, 2018, 12:38:36 pm »
no, I meant 1 million per node with a 30% coin supply to nodes and reward pool of 40%
that would mean 3billion divided by 1million is 3000 nodes. with 4 billion to be given to nodes as rewards over time.

what was the second part of your message "More people sharing killing yourself. In future" ?!?!?!?! I nearly feel like I should be offended by this.

ayuluv

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Re: Marinecoin MTC Business proposal by Ayuluv
« Reply #44 on: November 14, 2018, 12:54:44 pm »
1m mtc per node.
How abt the future profit sharing of f1cx?
Is it profitable to be shared with more people?

We need to look far not just by mere mtc reward tbh

Your 1m mtc for node I had already considered it before but its not attractive

In anyway if were to based on my bp, i am not too into allocating too much mtc for rewards since it is a very short term thing.

Distribute more out, get it decentralized is one of the important thing for MTC right now instead of keeping a huge chunk of mtc for rewards.

Nevertheless Bruce will be the one to decide.

Please kindly factor in all the possible issues before suggesting such as marketing part, able to attract investors etc.

Most people understand my BP well and are very positive towards it actually.

Hence i will leave it to Bruce to decide but hope not to take too long. We should be prepared before wave starts

And now since people starts to regain confidence in MTC, should not let that fire die down

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« Last Edit: November 14, 2018, 12:59:18 pm by ayuluv »

 

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