Updated Price

https://bip.dev/

1 BTC can buy you now up to 226 567 BIP, that's a +11% bonus to current price.

If you’re a developer and want to stay updated on all the changes we make to our code, follow t.me/minterdev_en

New Addresses of DAO and the Team

With the transition to a new Mainnet, addresses to which DAO and the team receive their commission fees of 10% each have changed. Now they are multi-signature:
– DAO: https://minterscan.net/address/Mx7f0fc21d932f38ca9444f61703174569066cfa50
– The team: https://minterscan.net/address/Mx688568d9d70c57e71d0b9de6480afb0d317f885c

We kindly ask all information services to update their data.

P.S. The team has already delegated its first 15 million BIP to Validator.Center as part of a program aimed to support significant participants of the network: https://news.1rj.ru/str/minter_alert/16963

Starting this day, April 14, all the matters related to orderly trading of BIP will be handled by the Association. The Association will use its infrastructure to coordinate the individual liquidity providers with the goal of establishing a common rules for management and support of price of BIP. 

Emergence of the Association is an important achievement of the Minter community. Association is a separate entity and is not related to the Minter development team. The Minter development team and its affiliates will withdraw themselves from any matters related to BIP trading, and will concentrate their efforts on the technological side of the Minter ecosystem. The team will not further participate in discussions of the price of BIP.

Minter Global OÜ will concentrate its efforts on the following crucial aspects of the Minter ecosystem:

1. Listing. MG will represent the Minter community in negotiations with exchanges.
2. Broking. MG will facilitate buying and selling BIP, both for fiat money and virtual currencies.
3. Escrow. MG will provide escrow services for validated participants 
4. Global stablecoin. MG will explore the regulatory landscape to assess development a fully compliant stablecoin, collateralized by money-like assets.
5. Community stablecoins. MG plans to conduct hackathons for creation alternative community-based stablecoins.
6. Exchange. MG is working on development of a fully compliant decentralized exchange platform.
7. Card. MG plans to partner with banks and EMIs to issue virtual cards tied to BIP balances. 
8. IMO. MG is developing a solution for development teams to distribute their coins among selected participants.
9. Support. MG will provide grants to community members for promotion and adoption of BIP and coins.

Additional information can be found at the minter.global website. You can contact Minter Global via email at contact@minter.global

Preparing to launch Minter IOMA

The initiative group, which includes representatives of liquidity providers and large Minter traders, made a joint decision to create the Minter Internet of Money Association.

The purpose of the association:
To create conditions contribute to development of the Minter network, under which the interests of all parties will be protected.

The main objectives of the association:
- Support liquidity providers;
- Set standards and form transparent rules;
- Prevent manipulation and fraudulent activities;
- Promote increased liquidity and price stability in the Minter network.

First of all, the BIP price stabilization plan was developed, which includes the following measures:
1. Limit the minimum selling price of BIP at $0.015.
2. Keeping the difference between the minimum sale and purchase price within 10%.
3. The proposed measures are mandatory for all liquidity providers in the association.

It is necessary to stabilize the BIP price so that developers and validators, who incur expenses every day, could ensure quality work of the network and develop projects.

The list of services and traders who supported the initiative:
- bip.plus
- bipex.net
- minter.1001btc.com
- kitmoon.com
- bip-exchange.com
- ex-bip.com
- cash-transfers.com
- @BIP_Banker_bot
- @BoBoExChangeBot
- @Gratz_Exchange_bot
- @pizza_card
- @voronunivers
- @InvestPlace
- @kerry_invest
- @HarryPodlesny
- @Juboer

#Minter_IOMA

Association responsibility

Today, the association participants have solved two important problems.

1) The decision-making mechanism has been approved:

- Each liquidity provider will be given 1 vote regardless of the number of project representatives that are members of the association;
- The decision is considered to be made if 2/3+ votes of the total number of participants with voting rights are given for it.

2) The list of responsibilities of the association has been approved:

- Admission and exclusion of association members;
- Appointment of guarantors;
- Creation of mechanisms to ensure liquidity;
- Development of measures to stabilize the BIP price;
- Formation of insurance fund;
- Detection and prevention of fraudulent operations;
- Approval of criteria by which a transaction will be recognized as fraudulent;
- Collection and publication of statistics on trading volumes;
- Distribution of grants without affecting the BIP price;
- Establishment of a developer support mechanism;
- Providing legal support to the association members;
- Advertising of projects.

And good news:

The market has already had a positive response to the news about the establishment of the association, as a result of which the volume of BIP purchases has increased significantly and the price has stabilized at a level even slightly above the minimum established values.

Three services joined the initial list:
- ex.minter.su
- @mproexbot
- @BipConverterBot

#Minter_IOMA

Minter Global is starting the first #howtobuybip contest! Fill out the form to participate in it.

United Stablecoins Dollar

Today, it’s hard to say which of the digitized dollars deserves our trust. That’s why on Minter 2, a single super dollar will be launched that will represent a basket of Ethereum-based stablecoins—USDT, USDC, DAI, etc. Nobody can predict the direction of the market over the next few years or what will happen to each of the coins, so it’s better to gather them all in one place so that if one of them starts moving downward, we’ll have maximum protection in general. Five coins will be selected, and their share in a basket will be limited to 20% max. each so that if one of them starts dominating over the others, its value will decrease. Such a defense mechanism would allow us to minimize the consequences in case any of the stablecoins defaults—first, the rate at which they’re added will drop, and then, they won’t be added at all.

Besides, the approach mentioned above will benefit everyone: if you have something on the Ethereum network right now, you’ll be able to lock your coins in a smart contract and get a super buck. For those who get it, it’s, in essence, Uniswap from stablecoins on the Ethereum side with the lock for coin issuance on Minter 2.

The super dollar’s smart contract itself will be written at a hackathon to ensure transparency, and after the community vote, accepted and launched on Ethereum. Its integration into Minter API will then start, followed by instant liquidity of any Minter coin in terms of U.S. dollars and vice versa.

Do you want the most stable, fastest, and most reliable dollar in the world? It’s coming soon.

And, of course, you will also have the opportunity to buy and sell it with any crypto/fiat currency via Minter Global in a legally compliant manner.

#Minter2

#MinterPush 0.2—Rewards Hackathon: Subnoscriptions. Results

🥇st place (300K BIP): UNU.push
This service allows you to quickly and easily set different tasks for popular platforms (Telegram, VK, Twitch, YouTube, Vimeo). Plus, users don’t need to make any integrations.

🥈nd place (200K BIP): Minter YYY Cashback
A plugin for the most widely used CMS, WordPress. With it, you can reward your customers and subscribers as well as integrate with YYY and WooCommerce.
An interesting option for the eCommerce segment. We suggest adding support for a wider range of CMS and eCommerce platforms.

🥉rd place (100K BIP): YYY
A browser extension: once the user’s installed it, they can continue surfing YouTube channels, Twitch streams, websites, and search engines they’re used to while receiving rewards for various actions. On the reward distributor’s side, there’s an admin panel with campaign settings and analytics.

🏅 (50K BIP): TapForms
A tool for creating forms (an alternative to Google Forms and Typeform) with the ability to use pushes to reward users for filling them out. It’s a good choice for surveys, reviews, questionnaires, feedback submissions, and other applications. The product comes with strong protection against cheating (tracking of IP and Fingerprint of a browser/device).

🏅 (50K BIP): Dice Time
A bot-powered loyalty system for Telegram chats. After you add it, the bot starts responding to certain commands sent to the chat, for example, "dice time" (the bot makes a throw for that user and rewards them if the resulting number is >1). There’s also a reputation system (newcomers get less in rewards than active old-timers), top-up with custom coins, limits, time intervals for games, and other settings.

🏅 (50K BIP): BIP+
Lets you set up reward campaigns through wallet’s business profile. At this stage, rewards are available for joining a channel/group on Telegram (API, CRM, YouTube, etc. are in progress). Campaign creators can track stats, top up the balance, and edit the campaign itself.

Winners to receive NUT will be selected by a public vote on minterscan.net. Please wait for the announcement.

#minterpush #rewards

Voting for the winner of the Subnoscriptions Hackathon’s Audience Choice Award starts now! Visit 🍃 Minterscan to support your favorite project.

https://minterscan.net/vote

▪️Only verified addresses can vote
▪️You can vote for several projects (but no more than once)
▪️To cast a vote, send any amount of COIN to your own wallet and indicate the project’s number (which you can find at the link above) in the message to the transaction.

#vote

🧠 The CHEllenge

Evgeny Gordeev challenged all Minter fans to give advice on the network development and is ready to award up to 1M BIP if the idea can show visible results in three months.

How to Receive a Grant
• Outline your idea in a Google Doc
• Lead a public discussion within the community
• Win a vote among the network’s staking wallets (more than 25 percent of the voters must support the idea)
• Pass legal verification and KYC/AML check & sign an agreement

Once the author gets the first portion of the grant through the guarantor, they can go on to implement their idea. Decisions on the next installments will be made based upon weekly progress reports.

If the idea is successfully implemented, the author will receive the full amount.

Challenge Hashtag — #che

Algocoins

As soon as within 30 days, algorithmic stablecoins—those that can be pegged to any asset out there—will go live on Minter 1. They will be backed by BIP reserves and therefore liquid across the entire network. You will be able to buy and sell any amount, with the prices recalculated once every minute.

Several teams are already working on implementation, ensuring stability against BTC, ETH, USD, RUB, and bonds of a large gas company. You should understand that the key difference between algorithmic and collateralized coins is that in terms of price, the algocoin is tied to the asset at a 1-to-1 ratio but, at the same time, is not backed by it. Thus, they are not considered financial instruments and require no regulation. Their only job is to be priced at the same level as the original and make operations convenient for the user.

The very “stability” argument is debatable as, for example, the U.S. dollar may be stable for Americans yet absolutely volatile for Europeans who need to make constant calculations and predictions. We prefer to call them algocoins.

Algocoins will be launched on the main network and initially managed by the off-chain stabilizers. With the introduction of MinterEVM, they will switch to decentralized and, what’s especially important, entirely transparent management mechanisms.

Speed of stabilization: every five seconds. We’ll be the first of our kind in the world!

And we have the winners of the #howtobuybip contest!

🥇st place (150,000 BIP): https://www.youtube.com/watch?v=kXRZtIXSII4&feature=youtu.be
🥈nd place (100,000 BIP): https://www.youtube.com/watch?v=yf0Zb6ElpS4&feature=youtu.be
🥉rd place (50,000 BIP): https://www.youtube.com/watch?v=nZGCRj7IQtY

The special prizes of 10,000 BIP each go to:
▫️https://www.youtube.com/watch?v=X6UF0ZOo27o&feature=youtu.be
▫️https://www.youtube.com/watch?v=RQ2bTi9nHk4&feature=youtu.be
▫️https://www.youtube.com/watch?v=km6SKbAnHzY&feature=youtu.be

We want to say thanks to all participants! There were many decent works, and it was really hard to choose the best ones. Please continue sharing your videos: we must join forces for the promotion of our network if we are set to reach even greater heights.

Minter-Powered BTC

Many of you may have noticed that last Thursday, the BTC coin was issued on the network. It’s a “dummy coin” with minimal reserves that can’t be bought or destroyed—it’s backed by 10,000 BIP, while initial supply matches the maximum one.

Such coins are similar to ERC-20 tokens on the Ethereum network, with the only difference being that in our user-friendly environment, the throughput is considerably higher, and transaction fees do not exceed 1/100th of a cent. Plus, all transactions are final in five seconds.

With this coin rolled out, we are one step closer to a fully-fledged DeFi ecosystem. In it, MinterVault will store the top 10 cryptocurrencies for each Mainnet address, mirroring activity that’s happening on the actual chains. Once the MinterVault multisig is released, it will take control over the entire BTC supply, which will be first transferred there.

We can say with great confidence that by the end of this year, you’ll already be able to multi-send Bitcoin to hundreds of receivers in five seconds, spending no more than a couple of cents in total. The case is quite simple: if the user needs a wallet that’s fast and easy to use & understand, they install any of those available on Minter and create their main address, at the same time activating tens of others, such as BTC, ETH, and XRP. From there, the user can not only operate those coins within Minter but also transfer them to the “outer world,” that is, the original networks.

For now, let’s not talk about how we’ll ensure the exchangeability between BIP, customs, algocoins, and cryptocurrencies of other blockchains. But one thing is for sure: even your grandma will find it convenient and clear.

DeFi goes mainstream!

Example of a transfer of 1 Satoshi @ 1/100th of a cent in 5 sec.

DAO

Ten percent of the network’s mining goes to the DAO address, which is managed by Minter Development Foundation (a U.S.-based charitable organization). It is these funds that will be used to sponsor:
– promo,
– development,
– liquidity enhancement,
– legal assistance,
and many other types of activity aimed at increasing the network’s value in general. First and foremost, the DAO‘s mission is to popularize the blockchain itself and show what it can do. Unlike many other networks who do not have grant budgets, we offer a unique opportunity to the most out-of-the-box ideas and experiments that would otherwise not receive funding from commercial structures.

As of today, DAO owns over 200 million BIP and is the largest coin holder on the network.

Keeping you posted on everything we do, every month. Now with the links!

Make sure to clap as many times as you can, the team will appreciate it.

DeCenter supported Binance Super Meetup, which featured CZ and representatives of major blockchains. Some numbers:
– 2,350 people joined an exclusive members-only group in two days
– At one point, as many as 600 people were watching the live stream
– Almost 5,000 views (one of the top 10 videos on Binance’s YouTube channel)
– Once the stream ended, hundreds of people took a quiz that included broader questions about the market

The prizes are awarded in DEC—DeCenter’s coin issued on the Minter network. If you want to repeat such success, get in touch with @DCTeam.

Tools:
– Minter-powered coin and distribution products ($1,000 worth)
– Exclusive members-only Telegram group (free)
– YouTube live stream (free)
– Google Forms quiz (free)

#binance #decenter #minter

Minter Network’s First Algocoin

@MinterBITBot that’s been rolled out today is an alpha version of a sidechain service developed for Minter 2 by an independent blockchain team. In early summer already, you’ll be able to exchange BIP for Bitcoin, Ether, and Atom via atomic smart contracts similar to Uniswap. There’ll be a lot of liquidity, and it will all be automated.

Sidechains and smart contracts are the future of interaction between all market players with maximum execution guarantees.

Tests will be run with 25,000 USDT and 25,000 BIT in reserves.

According to our information, this marks the fourth project moving full-steam ahead towards connecting Minter and other blockchains through a single MinterAPI. If you’re currently working on such a product, get in touch with @seo2z should you need any help—right now, decentralized liquidity is our top priority.

#BIT

Our Focus

Once TON’s American story came to an end, it has become clear what regulators expect from blockchain projects, especially those targeting mass audience. So from now on, there will be three tracks for us to follow:
1. Work with small- and medium-sized businesses
2. In the U.S. (grants) and E.U. (sales)
3. Rewards mechanics exclusively, i.e., services giving coins to their users for completing specific actions

It will be all built as SaaSes on top of public blockchains managed via a uniform MinterAPI.

It’s that very mass adoption, with the only difference being that we’ll enjoy it through businesses who’ll also benefit from applying decentralized databases and guaranteed contract execution conditions.

minter.org will become a hub for solutions provided by all developers from the community and will rely on MinterID, a single account for each user on the network.

Think of it as WordPress (in a good way), which offers businesses flexibility in setting up solutions, be it entirely customized implementations or built-in plugins. Only in our case, everything runs on the blockchain and its native digital coin BIP, which is the one that makes it all work.

Coming soon are releases, implementations, and business cases to brag about. The Internet of Money starts with rewards that one can spend however they want.

Minter Network’s Official Representatives

Starting summer, Minter Development Foundation will launch a program for licensing official representatives who will engage in the development of network’s products. In each country, one to three companies will be established. Upon the completion of certification procedures, they will be able to provide the following services:
– Development of individual solutions for enterprises
– Implementation of open-source solutions presented by the community
– Consultations on the issues related to launching a validator on the mainnet and sidechains
– Legal counseling
– Token purchase & sale coordination
– Participation in conferences, meetups, and other public events

Licenses will be awarded for a period of 12 months, with the option of a further extension. Representatives must cover their activity on a regular basis in the form of reports.

A legal entity registered in the country of representation is a mandatory condition.

MDF will allocate 100,000 to 300,000 BIP per month, depending on the overall activity and results shown.

In countries whose population is more than 100 million people, there may be three representatives; less than 100 million, two; less than 20 million, one. For individual countries with highly active communities, these limits may be revisited.

We kindly ask all interested parties to start preparatory work. We will publish the application form at some point next week. Selected winners will automatically appear on the minter.org website, sorted by country of presence. They will also be able to set their status to, for example, “Minter’s Official Representative in Ukraine” or “Minter’s Rep.” for short.

Each representative will have to specify their company’s key person to obtain the Verified status within the MinterID framework.

On its part, the team will provide representatives with maximum support and access to solutions that have not been released yet.

MDF aims to have no fewer than 25 representatives by the end of year. Through them, the network will enter local markets.

#rep