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Author Topic: [ANN] [MBYT] MADBYTECOIN - Invested Crypto  (Read 8618 times)

madbyte

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Re: [ANN] [MBYT] MADBYTECOIN - Invested Crypto
« Reply #30 on: November 07, 2017, 12:30:11 AM »
For older computers running windows download our 32bit wallet: https://gitlab.com/Madbyte/madbyte-binaries/tree/master/madbyte-windows

madbyte

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Re: [ANN] [MBYT] MADBYTECOIN - Invested Crypto
« Reply #31 on: November 15, 2017, 05:46:53 PM »
Madbyte News - November 1, 2017 (was released on the discord channel)

Madbyte coin first and foremost could be considered as an investment tool. Whatever we plan to do has to have that thought in mind.

So that said.. Our MadFund will be our centerpiece. Everything will revolve around it. In this way the fund is more important than the coin itself. Without the fund the coin would be useless and without any real purpose or value.

The Madfund is an investment fund that is owned by the coin holders and in many ways controlled by the investor. We believe every investor should have a say, though we will have checks and balances to make sure there is no abuse by a large investor scamming the fund to invest in a crap coin for their own benefit.

Most of our premine will be placed into the MadFund and will be released over a several year period. As the premine becomes depleted, other methods to replenish the fund of its mbyt coins will have taken effect.

Each month going forward we will be releasing a small portion of the premine for sale. Any money raised from selling coins will be placed directly into the MadFund. We will keep a watchful eye that we are not depressing the coin with these releases. But ideally, it will be easier for new investors to jump into the coin quickly. These investors would most likely become long term holders. This allows the MadFund to grow in the short term.

Many of you know that NovaExchange will close trading on February 28, 2018. As of a few days ago they put a stop to new customer signups on the exchange. This will affect madbyte in the short term significantly, as new investors will not be able to buy coins without purchasing direct from a mbyt holder. We are looking at different options for short and long term on this front.

Current mining of the coin has not been smooth sailing as we have miners push the difficulty higher and then leave. They return back again to mine hard once the diff is about to drop. Once they have mined they dump all the coins into the buy orders. From the positive side investors get plenty of new minted coins from the miners. But we are also looking at some solutions to address the irregularities of mining… more on that later.

We will also be releasing news on a regular basis on what is happening and what we are up to.

Dream big or go home. Never a dull moment when we dream.

All the best from the Madbyte Team
info@madbyte.com

madbyte

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Re: [ANN] [MBYT] MADBYTECOIN - Invested Crypto
« Reply #32 on: November 15, 2017, 05:47:29 PM »
Madbyte News - November 15, 2017

On Nov.1st we started putting together a few thoughts on what is happening with Madbyte Coin and the direction we are taking. We mainly chatted about the Madfund. This time our focus is on how the fund is controlled and who gets a say in how it is allocated as well as what new things have happened in the last couple of weeks.

We are now listed on CoinsMarkets exchange. They use 9 decimal places when most other exchanges use 8 decimal places to show the BTC value of a coin. Smaller exchanges like this are great extra support for our coin going forward. https://coinsmarkets.com/trade-BTC-MBYT.htm

If you wish to store your coins on a paper wallet for safekeeping, WalletGenerator has added the Madbyte Coin to their website. Follow the instructions to create and load a paper wallet at their website. https://walletgenerator.net/

We are working on launching an update to our website. This should happen before the end of November. You will be able to see a few of the core members with their real names and bios, not just our nicknames as well as better explanations of what we are about.

So who controls the Madfund we spoke of last week? The actual coin holders will control it. The larger your holdings are the more say and voting power you will have. Also, the longer you hold your coins in a wallet address the more control you have. The Madfund encourages holders to stay in for 1 year or more to gain real power. On Dec.1, 2017 we will talk more about what we mean by larger holdings.

So what are we looking forward to going into the last month of the year? The release of a new website, our membership site, and our first private investment phase.

If you are interested in investing in Madbyte please connect with us though email or discord.

All the best from the Madbyte Team
info@madbyte.com

madbyte

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Re: [ANN] [MBYT] MADBYTECOIN - Invested Crypto
« Reply #33 on: December 01, 2017, 03:16:45 PM »
Madbyte News - December 1, 2017

As we have entered the holiday season the crypto space is becoming mainstream. Just 8 months ago none of the large media outlets like CNBC were talking about Bitcoin. Now we are seeing reports daily on CNBC. Early 2017 most of the predictions for Bitcoin to end the year were in the $2000 to $4500 USD range. For it to hit $4500 was considered a real stretch. Will we see the year ending with highs of $12,000?

Enough about that…

Today we will be releasing our new investor portal allowing Madbyte coin holders to become members and get rewards. The website can be found at MadCapX.com. Without membership you are not privy to what really matters. You will be able to climb higher and gain access to more internal plans using our multi-tiered system.

The membership area will feature MadCaps and MadNodes as the first two reward programs. To become part of the MadCap multi-tiered system a member will need to hold a minimum of 8,000 MBYT coins. To become a Partner and get a higher percentage reward, members will need to hold 50,000 coins or more. Each level has more privileges. The MadNodes help secure the coin so we also give monthly rewards for keeping a node running on the Internet.

The investor portal requires you to get an invite from one of our members or by requesting an invite from the MadCapX.com website by filling out the contact form. The membership is limited at this time to only 100 Madbyte coin holders. The lower tiers will fill up very fast.
Madbyte coins are available from novaexchange.com or coinsmarkets.com or direct purchase from a few of our members.

The MadCap membership area will be getting more great features and more reward programs in the future. This is only the beginning.

Up to now we have only been using Twitter (https://twitter.com/MadbyteCoin) to get our message out. As we continue to release new and exciting features we also need to reach different audiences. Today you will also find us on Facebook at https://www.facebook.com/madbytecoin/ 

All the best from the Madbyte Team
info@madbyte.com

 

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