Mr. Gordeev
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Chasing the future.

Ping me at @AddedSugars
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Forwarded from Minter Network
Algocoins

As soon as within 30 days, algorithmic stablecoins—those that can be pegged to any asset out there—will go live on Minter 1. They will be backed by BIP reserves and therefore liquid across the entire network. You will be able to buy and sell any amount, with the prices recalculated once every minute.

Several teams are already working on implementation, ensuring stability against BTC, ETH, USD, RUB, and bonds of a large gas company. You should understand that the key difference between algorithmic and collateralized coins is that in terms of price, the algocoin is tied to the asset at a 1-to-1 ratio but, at the same time, is not backed by it. Thus, they are not considered financial instruments and require no regulation. Their only job is to be priced at the same level as the original and make operations convenient for the user.

The very “stability” argument is debatable as, for example, the U.S. dollar may be stable for Americans yet absolutely volatile for Europeans who need to make constant calculations and predictions. We prefer to call them algocoins.

Algocoins will be launched on the main network and initially managed by the off-chain stabilizers. With the introduction of MinterEVM, they will switch to decentralized and, what’s especially important, entirely transparent management mechanisms.

Speed of stabilization: every five seconds. We’ll be the first of our kind in the world!
Make something businesses want. Pretty straightforward goal. Stop talking about mass-adoption, and start pitching solutions that make companies more efficient.

Minter is focusing on programmable rewards campaigns that can be launched in hours with the budget of a few dollars.

Got rewards?
Hello, World!

During the last 3 years I've done my best to give a good start for Minter in the Russian-speaking community. And now it is time to expand globally by setting new goals:
– First of all I will be focusing on the US and EU as two major economies;
– Eso significa que haremos más trabajo para el público de habla hispana;
– किसी दिन भारत सबसे बड़ी क्रिप्टो-अर्थव्यवस्था बन जाएगा, इसलिए मैं आज मिन्टर को इस्तेमाल करने के लिए सभी का स्वागत करता हूं।;
– 最后是明白这句话的人--打开大门,我来了。

Жмем на газ!
My personal goal for this year is to bring trustless liquidity to a mass-market. So that businesses and people can interchange any type of tokenized values in a robust environment with a tap of a button.
Trustless means that you don't need to trust anyone to make a deal. Atomic swaps are a good example of such trustless approach – you two either get your tokens exchanged or not.

So trustless is all about 100% confidence in the processes without a need to trust anyone.

Blockchains in their core are trustless systems as you are the only one managing coins and don't anyone in the middle to handle your operations,
Three major solutions – MinterAPI, EVM, ID – are going to play an essential part in making blockchain popular in business this year – https://medium.com/@MinterTeam/minter-what-is-next-65069ff1ea7a

As I like to say – We are here not just for few years but decades. So keep your patience while we develop new ways of the value exchange.
$BIP is now traded on https://www.bithumb.pro/en-us/spot/trade?q=BIP-USDT

Fair market price, low spread and large depth – something our community deserves!

Thank you @bithumbglobal_EN
11 years of the blockchain revolution and not a single daily case for an average user. Something is broken and I'm going to fix it.
In case you've missed it
Forwarded from BipLenta EN 🌶
💡AMA with Minter on Hotbit

Today, the Hotbit chat welcomed two Minter representatives for a fire 🔥 AMA (AskMeAnything) session. Fifteen major answers, hundreds of messages, generous rewards for the most spot-on questions—and, of course, airdrops to all active participants.

Read: https://teletype.in/@biplenta/ama-minter-hotbit

Don’t forget: voting for BIP to be listed on the Hotbit exchange starts May 27.
Mr. Gordeev
Getting ready for the next big thing – https://medium.com/@egordeev/demand-ff8ca5f70fed
The math is pretty simple – 10 000 000 BIPs we have. 3B will be staking all the way till the end of days, because commission and over service fees will make this type of business very interesting.
At least 2B will be reserved in coins to offer liquidity.
1B may be traded or used as free float.
1B frozen or lost. BTC and ETH are a good example.

That leaves us with just 3B BIPs to be used as minimum service reserve, basically a burn. 300 000 possible campaign for rewards and gifts. Say an average number of campaigns per company is 3, we get a number of 100 000 unique organizarions, people, brand. That is a maximum number.

Now to the yearly goals:
Year 1 – 1000 total campaigns
2 – 2000
3 – 6000
4 – 30000
5 – 180000
6 – ...
7 – ...
This is a so called hockey stick growth of any online service that get to point of a best service on the market. Is it possible? Well, we are already 1333 coins in the Minter network, locking today other 13M BIPs. or 0.6% just in a year 1. We can mark it as DONE, and move to a 2000 for a 2020-2021.

Can we pull it off? With all the expertise in custom coins and top of the market software.

C'on, do the math for yourself and get ready for the first mass-adopted blockchain in history.
Minter is now among the few blockchains to have such status In the USA.
Minter Development Foundation is now officially a charitable organization. We've just received a Tax Exemption status from the IRS.
This idea of a simple value transfer published 4 months ago have changed perception of a blockchains for many people –
https://medium.com/@egordeev/minter-push-0-1-1363de8846eb
My go-to market strategy with rewards and gifts is pretty simple: let global brands and local businesses run giveaway campaigns with bloggers by launching fully transparent offers.
People will know for sure that there are rewards and prizes that can be redeemed. Brands – that their offers are not scooped by bots or friends of the blogger. Blogger – gets the easiest integration like QR or a link.

If you’ve had a chance to use MinterPush, you know how quick and convenient our solutions are. Add on top of that presets with different scenarios, analytics and precise conditions for every reward or redeem code.

This product will make a win-win-win for everyone if proposed as a SaaS with self-service. And one campaign will cost only 10 000 BIPs, that’s a price of coin creation.
The code name for our rewards and gifts app is – pinpon – meaning that you do something good, you get something valuable.

ping-pong
/ˈpɪŋpɒŋ/

#pinpon