I see examples of 0.05 Eth as activation fees of v2 genesis addresses... This equal to about 581 mne at actual livecoin.net price. Considering that a genesis will mine about 1.84 mne per day, it means that you will need about 315 days just to recover from fee paying... Risking for 315 days to lose your investment if mne quote will drop.

If those numbers will become real I don't think there will be a lot of activations, so even the participants to the stake holder program will not get that much fees.

I was thinking to invest some mne in stake holder program but with those numbers and the over 300000 v2 genesis addresses, I think I'll keep funds away.

I see examples of 0.05 Eth as activation fees of v2 genesis addresses... This equal to about 581 mne at actual livecoin.net price. Considering that a genesis will mine about 1.84 mne per day, it means that you will need about 315 days just to recover from fee paying... Risking for 315 days to lose your investment if mne quote will drop.

If those numbers will become real I don't think there will be a lot of activations, so even the participants to the stake holder program will not get that much fees.

I was thinking to invest some mne in stake holder program but with those numbers and the over 300000 v2 genesis addresses, I think I'll keep funds away.

toyo87 was talking about the Stake Holder program. If you own mne v1 there is nothing you need to do it will be taken to v2

like i already said it is good deal because spamer will  not activat multi adresses for dumping, if you want your genesis adresse(s) you will should activat them by your self and pay a tax.





ok but please confirm that same any other genesis addresses will swap to mne v2, because i have mne on other adresse (no genesis) so they will be swapped or we must do some thing for swap ?

also for stakeholder program, my mne sent will be burned ? no refund, no come back ?

When will the airdrop and stake holder program end?

so we need another 0.05 ETH for each genesis address to withdraw the token from the airdrop?
for me i think i need to thinking it again but i still join the airdrop and wait for the price of each token increase then pay 0.05 ETH for activation

We are still defining all details but here is the latest info:

There will be 3 levels of Genesis Addresses
- Level 1 (no fee)
Genesis Addresses receives 32,000 MNE but is not activated, owners can set these addresses for sale. However since the address is not activated, coins are not self mined and MNE transfers are not possible.
- Level 2 (fee applies)
Genesis Address is activated and the self-mining process starts, owners can set the address for sale at the price they wish, however MNE transfers are not possible
- Level 3 (fee applies)
Genesis Address is fully activated including MNE transfers & MNE decentralized trading

The Level 1 addresses are the ones being airdropped in the claim page right now (http://v2.minereum.com) after mne v2 is launched owners will be able to upgrade the addresses to Level 2 & Level 3.

Keep in mind that when the claim phase ends it will not be possible to create more Level 1 addresses.

To answer your question the mining process only starts after Level 2 is activated, meaning the sooner they are activated the more coins they will mine.

All the fees applied in mne v2 will be distributed to the Stake Holder Program participants, meaning:

- Activation Fees
- Genesis Address Decentralized Trading fees
- MNE Decentralized trading fees

For more details on the Stake Holder Program: https://bt.irlbtc.com/view/4495159.msg53332411#msg53332411

V2 will be the exact copy of V1, just a waste of time. In this project there will be no future developments exactly like for minereum 1 and the only person who will have a good profit will be the dev. Mark this post then we'll talk about it again.

It is based on the number of MNE

IMPORTANT INFORMATION FOR V1 GENESIS ADDRESS OWNERS

note: if you are only participating in the v2 airdrop this information is not relevant for you and nothing to worry about.

To all v1 Genesis Address holders, please be aware:

Due to technical limitations in the migration to V2, all v1 Genesis Addresses will be restarted, if you want to keep your available balance from your v1 genesis address make sure to transfer the available balance out to another normal address before the Snapshot date. Snapshot date should happen somewhere in February. All v1 Genesis Addresses will be taken to v2 however the old available  balance won’t be taken and the new mining process only starts upon activation to level 2. For more information about the Genesis Addresses levels: https://bt.irlbtc.com/view/4495159.msg53656242#msg53656242

For normal v1 address owners with MNE nothing to worry about, your balances will be taken to v2.