The only gem you need for July is right here.
Buy this dip, it could be your last chance...
To all the fudders, you are pathetic.
DYOR and you will see you literally can't fud this!
The only gem you need for July is right here.
Buy this dip, it could be your last chance...
To all the fudders, you are pathetic.
DYOR and you will see you literally can't fud this!
Other urls found in this thread:
etherscan.io
twitter.com
bought this shitcoin last night on a whim and already doubled my money. my understanding is
that this project has something to do with incentivizing people to never sell and shrimp farms.
can you give us the quick rundown on why this project is so great?
I will give all of biz a run down in this thread.
Stay posted.
Variable staking interest rates and variable burn rate dependent on demand.
I like it, it seems too professional from the beginning to be a shitty scam
Right biz I am going to redpill you on why you should be at LEAST 1 ETH into Meridian Network. If you read this and the MC is under $1m and you still don't buy there is no saving you, you should fucking kys.
First off, we start with the current circulating supply of 5m MRDN. Now MRDN has a deflationary nature;'10% of tokens burned with each transaction between wallets' understand that this increases scarcity, an important factor that increases the value of 1 MRDN.
Next up is the staking and reward model which is fantastic but simple. You stake your MRDN to earn interest and when others unstake, you also receive more MRDN. This decreases the sell side pressure, as it directly incentivises you to hold on to your MRDN and use them as they are intended to be. Again, this increases the value of 1 MRDN.
The staking and token burn rate are flexible, so the incentive to stake is more than it is to sell. For the third fucking time, this increase value.
Now. The big problem is who the fuck would want a token for staking when no one gives a shit about the actual network? I answer you with this:
Stakers will be able to vote for reward schemes, incentives and future Dapps. The first two, again, will result in the increased value of 1 MRDN as it is in everyones interest who stakes to earn more, collectivising the stakers as a network.
To finish with; stakers will be able to vote on future Dapps. Now I don't know about you but when the main dev behind Meridian Network was also behind Shrimp Farm (which gotso big it clogged the fucking ETH network) I want to be in for it.
I will now go on to what Meridian Network is up to in the coming days/weeks and dispel the common FUD you see on the project.
Do not believe in the longevity of this coin. Take your profits and dip before you get dumped on
Also I have absolutely NO affiliation with the team or project.
I just like you biz was on the hunt for a gem and after committing many hours over the last couple days to digging, reading and questioning the team I knew this was too good to pass up.
As you may have heard. The token is due for a 1:1 swap to the new token LOCK. This is solely for contract purposes, the supply and circulating supply will remain the same. However there has been slight rumblings from the dev that the total supply may be lowered, NOT the circulating supply.
The litepaper which will give more detail into the points above and is coming before the end of this month.
There are 2 new exchange listings.
There is a small, controlled airdrop to holders that is well balanced. This is to reward early investors in a fair manner and decreases the TOTAL supply by 750,000 tokens. That is a significant chunk.
Addresses holding between 2,500 and 10,000 MRDN tokens will receive 250 MRDN tokens.
10,001 and 25,000 MRDN tokens will receive 500 MRDN tokens.
25,001 and 50,000 MRDN tokens will receive 750 MRDN tokens.
50,001 and 75,000 MRDN tokens will receive 1,000 MRDN tokens.
75,001 MRDN tokens will receive 1,500 MRDN tokens.
Fair and controlled, the way it should be done.
The website is due to be updated thoroughly in the coming days.
I'm sure there is more but I cba to go through anymore.
Now for the FUD dispel...
It's either a scam, or a completely useless token with no use case. Well I suppose I can play pretend to try and make other people believe in this new, revolutionary approach to cryptocurrency despite the shady apparence of the website or the lack of communication from the "devs", if they even exist and aren't just pajeets setting up yet another scheme to rob honest anons out of their hard earned money.
Fucking pieces of shit. All of you make me sick.
Most common FUD is with the disclaimer.
Yes it doesn't read particulary well and creates an air of scam by referring to the token as FUN and a social experiment. But, understand in its current form, it essentially is a social experiment in game theory regarding the flexible staking rewards/burns and how it effects the value of a community. THIS WILL NOT BE THE DISCLAIMER IN THE FUTURE. These are devs with a vision, they are not law experts, they are simply trying to cover their backs with the law and get the network off the ground, as we all know the sue first nature and the governments heavy handed approach to crypto. This was written, albeit hastily and poorly, but I can forgive them and the team have taken this into consideration and are in the process of updating it.
Next piece of common FUD is with the code. Keen eyed anons may notice this in the following lines of code:
mapping (address => uint256) public balances;
mapping (address => mapping (address => uint256)) public allowed;
string public constant name = "Meridian Network";
string public constant symbol = "LOCK";
uint8 public constant decimals = 18;
uint256 _totalSupply = 20000000 * (10 ** 18);
uint256 public totalBurned = 0;
WHAT?! The supply is changing to a total of 20m tokens, whilst our tokens are only being swapped 1:1 meaning the team increase there holdings to 15M?! THEY WILL DUMP ON US WAHHHHHHHHHH!
What they have failed to see in the upgrade contract is this code:
contract MeridianUpgrade{
using SafeMath for uint;
ERC20 public oldToken;
ERC20 public newToken;
uint public CONVERSION_PERCENT=200; //200%, percentage of new tokens you receive from putting in old tokens
constructor(address tokenAddr1,address tokenAddr2) public{
oldToken=ERC20(tokenAddr1);
newToken=ERC20(tokenAddr2);
200%, so a 1:2 swap which will make the team and community token split remain the same after the swap. But this isn't 1:1 like they said, right user? Oh wait, I already asked the devs this and they explained that these variables currrently in the code are, of course, going to change to make the swap 1:1. IT'S JUST BETA CODE FOR CHRISTS SAKE. Actually understand we have code to look at and ask devs about in a fucking microcap of sub $500k!
i appreciate the writeup, op. i don't really understand the actual use of MRDN yet and it seems like a pyramid scheme but hopefully the litepaper will make the team's vision a little clearer.
"put money in our network and you'll get even more money, and uhhh... dApps too!" is a pretty poor start. the only thing selling me on the potential right now is the devs.
its a pump and dump no doubt... would be wise to take profits ASAP
Another piece of retarded FUD is:
'WHY ARE THE DEVS user? THIS IS SO THEY CAN SCAM US WITH NO REPERCUSSIONS!'
It is the single most retarded piece of FUD I have ever heard.
I'll give you two reasons why:
1. Who the fuck wants to reveal who they are this early, open themselves up to death threats from sick fucks etc. when their main priority is to get the network up and running.
2. Their code is up for everyone to see, who gives a fuck who they are as long as the code does what it is supposed to?
SATOSHI NAKAMOTO ring a bell you retards?
Anyone please feel free to counter argue I can do this all day and night.
Sometimes when you see an opportunity this good you like to share it like I am, biz has (mostly) been good to me and we as a crypto forum are miles ahead of the game in terms of discussion and discoveries.
You are not entirely wrong to feel that way user, however it is less a pyramid and more a square. I hope the litepaper clears things up for you further.
>10 posts by this id
no one is buying your bags faggot, you probably bought the top ath yesterday and now is holding this useless piece of shit, get fucked shitskin, the top 50 wallets didn't even touch the liquidity yet, the worse is yet to come
You really think I know this much and I bought the 'top' absolute kek.
The reason why I'm posting so much is I want anons to make easy money, once it crosses $1m I will never post again about MRDN, as the people who want to have listened will have listened by then.
I'm here answering questions and providing info whilst you are here being a brainlet.
The top 50 wallets on any crypto have the ability to crash it. Please start using your pea brain user.
I've never used uniswap before today. can you explain something? When I type MRDN into the box nothing comes up. I need to paste the contract address in the URL bar for it to show up., what's going on here ? Not really important now I put .5ETH in I can't afford any more. Hopefully this isn't another instance of Zig Forums raping me.
#22 here, don't sweat it user. I'm in for real money, not chump change.
randomly checking the top wallets none of them have any TXs apart from meridian. I've been scammed haven't I ?
I got in an hour after launch so it really depends how far back you're looking. I swapped over about 20k STA for 73k MRDN and threw an extra ETH for good measure
never mind I was being hyper vigilant, just realised the format has changed since last time I used etherscan.
I'm in but still apprehensive Zig Forums has cost me $1000s in the past.
no need for these posts, biz already know what Meridian is about
those that dont understand it dont deserve to make money
"it seems like a pyramid scheme"
I'm sure someone said that about like, every cryptocurrency at some point
Between STA and MRDN, I'm up about 30k in the past month. Risk and reward go hand in hand.
Mrdn looks like the one for me. Anything cryptopinions touches is like gold. Moving profit from STA into this bad boy. Others are catching on - holders steadily increasing
Between both I'm down 1k because I'm dumb money and I bought both too late. Fug.