The concept is really great , But you have real problem here , I have bought Minereum to but Artemine with it but after I did some math I resold my Minereum , I didn''t know that it would be over 60 years ( I know my fault for not reading the whole thing ) , But once I found out it is 60 years I lost interest , Now why would anyone by $1000 to he/she would take them back over 60 years even if the price of Artmine doubled hmm even if it X 10 why would I pay 1000 now to take it over the next 60 years 10,000 even if the price X10 it is totally not worth it (Specially in crypto world ) , I did not put in the other factors too !! Like what is the chances that this project will still existing not for 60 years but for even the next 10 years ! . I did not mention that until this moment there is no real uses for the coin Artemine ! but I am sure development team promised for a lot of uses in the future . That project would have been great if the mining was over a span of 6 or 12 months max .
This is weird, so we will receive our tokens after 60 years ?? no way, i think there is misunderstanding.
We participated on this project to receive our tokens directly, after 60 years no one assure himself to be in this world.
Artemine is a self mining coin, which means it gets mined by your own address over a period of 60 years. Lets say you have bought 21900 artemine. This means over the period of 60 years, 365 days a year, you'll get exactly 1 arte on your address a day. Now, if the devs choose to let MNE and Art work together, both projects could prove very lucrative. Imagine paying your monthly World App fee with Arte, or investing 20 Arte a month in the Lottery, or buying an Arte genesis address with Mne, ...
Right, and just to be clear, there's no actual mining happening from a computational sense, there is of course mining on the ETH blockchain to power this PROOF OF STAKE project. So you're really buying a stake in Artemine in order to be rewarded with the token over time...
Yeah it is like a stake in Artemine, almost like POS, but the proof is POW coming from eth blockchain. SO its basically like mining a token using others computational capacities.