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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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6000386 No.6000386 [Reply] [Original]

This coin had an 8M market cap this morning. 10M cap right now.

They are incentivizing torrent seeding. You will get paid to seed, and they are releasing their beta this quarter. Just look at it and think about chinese justin bieber compared to this. I'm actually going to use this shit in a few weeks.

With the amount of stupid money being thrown around at complete vaporware, how long do you think this project will stay under 100M?

>> No.6000464

The last sub 20 mill market cap non-shitcoin

>> No.6000547

UPFIRING UFR - http://coinmarketcap.com/currencies/upfiring

>> No.6000594

People would rather 10bil marketcap coins hoping they somehow get another 50billion dollars put into them than buying something like this and making an easy 20x. makes no sense to me. people buy into the memes and shilling too much

>> No.6001129

>>6000386
im all in on this but its a short term hold for sure, dont see myself hodling for longer than 3 months

>> No.6001362
File: 829 KB, 1000x1000, upfiringg moneys.jpg [View same] [iqdb] [saucenao] [google]
6001362

>>6000594
yup because people are retarded. Free money for us

>> No.6002093

if only woudl cryptopia send me their fucking confirmation email, id trop a btconto it...

>> No.6002158

How is the max supply? 24 mil or 1B?

at their website:
>The Upfiring Token Contract will mint 1,000,000,000 UFR tokens.

coinmarketcap:
24,000,000

>> No.6002739

>>6002158
14M on circulation 24 mil as a max supply. The rest were burned. That's what I like about UFR, a very committed dev team.

>> No.6003070

Going back to 2500 tonight

>> No.6003302

>>6002739
dev team? is there any team? haven't seen shit

>> No.6003541

Why do u faggots shill coins after they mooned 50%.

I am avoiding this one.

>> No.6003633
File: 1.13 MB, 1050x591, upfired.png [View same] [iqdb] [saucenao] [google]
6003633

>>6003302
The project is still in the early stages of development. The early stages of any project are very code-heavy - particularly working out the application logic and backend framework - and there’s not a lot to “show off”. Early February will be the first time we can start showing off some of the project’s graphic design and codebase.

In addition, we’ve had to work through some potential issues now that ETH’s network is becoming more expensive and has slowed down so much. Initially, the plan was to create a new smart contract for every user-seeder in order to transfer UFR between them - but if there are more than 5-10 or so seeders this would end up costing the user several dollars. Obviously that is not ideal. As a result, we are looking at having the user pay only 1 transaction fee and then each individual seeder will cover the transaction fees when they claim their earnings from the smart contract.

All this said, there will be another Medium update in the coming days to map out what we have planned for the next month or two. Stay tuned!

>> No.6004020

>>6003633
meh, i dreamed about good project with small supply and an early stage but here i have too little informations to drop 10g

>> No.6004309

Have you needledick brainlets considered that making biz both the recruiting pool and the shill target for your little autism hedge fund was a bad idea