โฒ 5 Days Until The Big Burn ๐ฅ UPDATES ๐๐๐ SMOKE.NETWORK
The final days of phase 1...
After coming out of Ninja Stealth Mode, Smoke.Network and the SMOKE cryptocurrency ( Bitshares UIA ) hit the scene running last month by opening the pre-distribution phase held on the bitshares decentralized exchange.
There is now only 5 days left to contribute at round 1 price!
Once this phase is over all remaining tokens from this round will burnt in the big burn happening on the 15 September, right after closing bell ( 1 PM UTC )
The second, and final phase, will only be held after a test net release and price will be determined by the fair market rate (TBD). Any unsold tokens in the final round will also be burnt.
Our website, roadmap and whitepaper is available to all and clear instructions on how to get a Bitshares wallet, convert any crypto into BTS and get SMOKE securely and in a decentralized manner is available on the site.
We are happy to say the project has been going well despite numerous set backs including:
- Reddit, Youtube, Instagram and Twitter all refusing to accept our advertisements (Claiming we are promoting cannabis use to minors)
We managed to overcome this by engaging with social influences such as Raekwon who tweeted about the project, and was later retweeted by thegame.
- Press Release Distribution refusing to publish our Press due to the domain having the word 'smoke' in it, the company behind it called '420smokers' and the theme being 'cannabis' related.
We managed to overcome this by sending out our own story pitch to over 200 webmasters resulting in over 15 responses so far including interviews on high profile investing publications in the near future. We also managed to leverage the #beyondbitcoin community with @officialfuzzy's help by earning BEYONDBITS that are used to upvote posts just like this one
- Hackers attempted to SQL inject the website through the mailing list but only caused a headache for themselves.
We do not use any server side code for our landing pages or an SQL database for the email list and all emails are stored securely, encrypted and in a plain file in list format.
- China bans ICO's causing a ripple down effect onto the crypto markets especially BTS (The currency we are holding currently as reserve))
We have revenue, being generated by our affiliate and sponsored media posts, on 420smokers.us and so will not be needing to liquidate much BTS over the next month or two. By creating synergy and helping projects such as @emerge's vapor app, we will be able to add value to the project, the Steem and Bitshares ecosystem with little need to dip into our reserves at first.
The first month for SMOKE and SMOKE.NETWORK was exciting and came with many highlights as well including...
- Came out of stealth mode.
- Listed on all major ICO countdown sites.
- Raised 400,000 + BTS.
- Distributed SMOKE to 150+ holders.
- Interviewed by the Co-Founder of Bitshares.
- Partnership with TokenLot to accept ETH contributions.
- Synergy with multiple STEEM projects and moving video content to DTube.
- Research and initial introductions with Kannapedia and Cannabis Genomics projects on the Blockchain.
- Launch SMOKE PVT Steem Node and Update Smoke.Network Alpha running on Steem chain.
Next Steps.
The Smoke.Network pre-contribution period is almost over!.
If you want to grab some SMOKE before it ends go to our website.
Join our Community.
Reach out directly by entering our Discord channel.
The Blockchain is a great technology and for the time being we can expect that emergent nature of the community will overcome all the bans, governments and restrictions and to continuously change technology on its way.
Having said this it's very difficult to bet on the right crypto, which one will be the one that will solve the specific issue of the moment?
My suggestion would be to:
I wrote a small series on diversification benefits and the income that can be created through it.
CryptoPortfolio - Extract a "diversification dividend" - Part 1: Geometric and Arithmetic Returns
CryptoPortfolio - Extract a "diversification dividend" - Part 2: Portfolio Risk and Diversification
CryptoPortfolio - Extract a "diversification dividend" - Part 3: How to make 8% more per year
I would be grateful to anyone who wants to take a look and let me know what he/she thinks! Thanks
Thanks for the comment.. I like how your Part 3 mentions 8% more per year and not some crazy 200% goal like other speculators push out. I will take a look at your portfolio posts when I have some free time.
It's not a huge return but it's very consistent... 8% per year mean doubling your money every 9 years... which is not bad at all, considering it is on top of the great performance of cryptocurrencies in the past few years.
Nothing good comes easy,
You said it! Keep on Steeming on, brother.
Brilliant! i upvoted and followed to see latest updates from you :)
sounds like a great idea i'd like to get some, followed
Thanks for the follow mate.
Thanks for sharing :-)
I am new on steemit !
( Best of luck )
Thanks. Best of luck to you as well.
With maggi every woman is a star , with Weed every man is a what? lolz
You got my vote and a resteem :]
Thank you imbritish
This post has received a 18.36 % upvote from @booster thanks to: @smokenetwork.
This post has received a 30.05 % upvote from @buildawhale thanks to: @worstdevever. Send 0.100 or more SBD to @buildawhale with a post link in the memo field to bid on the next vote.
To support our curation initiative, please vote on my owner, @themarkymark, as a Steem Witness
I like this post, I wait your next post :)
Thanks Foxkoit. Here is the latest : https://steemit.com/cannabis/@smokenetwork/4-days-left-got-smoke-pick-up-a-few-usd-worth-with-sbd-blocktrades-makes-it-easy :D
Ok...I go and look :))