The Cryptocurrency market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites. With my research, I found this project in which I really put my faith: ONEX Network. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
ONEX is based on the ERC223 Token Standard which rejects non-supported tokens eliminating the potential for confusion and lost tokens. As an Ethereum Classic token, ONEX implements the Proof-of-Stake mechanism, meaning that every holder can earn some extra tokens just by holding ONEX for a period of at least 3 days, greater than or equal to the Minimum Coin Age. ONEX is a token created by Highlander Network the same network that brought you “ONE” token. The first max 1 supply token created also for the Ethereum Classic Platform.
Highlander Network bringing Proof-of-Stake "ONEX" Token to Ethereum Classic platform.
While keeping tokens holders protection in mind, ONEX utilizes ERC223 token standard.
ONEX isn’t the first to implement the Proof-of Stake mechanism but ONEX are the first to
implement PoS as a ERC223 token and bring it to Ethereum Classic platform. Holders of
ONEX can get revenues by holding ONEX for a period of time.
ONEX provides two methods to trigger ONEX staking:
By Sending a transaction to your own address with any amount of ONEX.
And by Using our ONEX Calculator that can interact with contracts to execute mint() function.
ONEX is a token created by Highlander Network the same network that brought you “ONE”
token. The first max 1 supply token created also for the Ethereum Classic Platform.
ONEX is based on the ERC223 Token Standard which rejects non-supported tokens
eliminating the potential for confusion and lost tokens. As an Ethereum Classic token,
ONEX implements the Proof-of-Stake mechanism, meaning that every holder can earn
some extra tokens just by holding ONEX for a period of at least 3 days, greater than or
equal to the Minimum Coin Age.
ONEX Network Token Specifications
● Name: ONEX Network
● Symbol: ONEX
● Decimals: 18
● Standard: ERC223 & PoSTokenStandard
● Initial Supply: 1,000,000 ONEX
● Distribution: Free Airdrop, Bounties
● Minimum Coin Age: 3 Days
● Maximum Coin Age: 90 Days
● PoS Annual Interest:
The Max Total Supply of ONEX is set to 10 Million, but we just created 1 Million ONEX as the
Initial Supply. The Max Total Supply will only be reached in about 15 years or a little longer
at the set PoS interest rate. Once 10 Million is reached, no more ONEX will be generated via
Proof-of-Stake.
After the contract deployed, only 1 Million ONEX, 10% of the Max Total Supply, will be
created as the Initial Supply.
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
ONEX, a token created by Highlander Network the same network that brought you “ONE” token has arrived. The first max 1 supply token created also for the Ethereum Classic Platform.
Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Ethereum Classic is a continuation of the original Ethereum blockchain - the classic version preserving untampered history; free from external interference and subjective tampering of transactions.
Be a part of this tremendous project and follow these links for more information;
Website: https://onex.network
Whitepaper: https://onex.network/onex_whitepaper_1.1.pdf
Twitter: https://twitter.com/onexnet
Facebook: https://www.facebook.com/onexnet
Telegram: https://t.me/onexnet
Reddit: https://www.reddit.com/r/ONEXNetwork//
Bounty0x Username: nugezmils
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