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Author Topic: [ANN]BGI-investment project. 1261521703868164998.  (Read 7517 times)

maftol

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Investing in BGI ( BOINC-Gridcoin-Investment), you become a member of the scientific research, carried out BOINC through a network of Gridcoin.
BOINC is an open-source volunteer oriented computing grid that combines the processing power of all individual users for the purposes of scientific research. Its free, and harnesses the unused clock cycles from processors and graphics cards to aid in curing disease, exploring the mysteries of the universe, and more.
 At the same time you will receive 5%-10% monthly dividends.
 Attached to the development of drugs against diseases such as AIDS, Ebola, cancer, malaria and others.

   ASSET NAME : BGI

   ASSET ID : 1261521703868164998

   SHARES :27000000


Investors with more than 50 thousand of assets , will always receive a monthly bonus ( 0.02 NXT for asset ).

Investors with more than 100 thousand of assets , will always receive a monthly bonus ( 0.03 NXT for asset ).

The bonus will be paid in the last days of the month .


One of the bedrock foundations of investing is diversification -- or as your grandma used to say, "Don't put all your eggs in one basket." The idea is to spread your risk over a number of different investments. This is what we do.


                                                                   For 17,5 months , we have paid dividends ,111 per cent of the amount invested.
 
                                                              Received from the investment funds will be:

1.     Mining GRC ( BOINC research).

2.   Mutual investment funds.

3.   Crowdinvesting (Very promising sector for investment)   

4.   Forex PAMM (Percent Allocation Management Module)   

5.   Reselling ( VPS servers for forex traders , vps hosting, cloud vps hosting)(10%-30%)

6.     Portfolio diversification cryptocurrency . 


    Now, the dividends will be paid twice a month:  1th-5th and 15th-19th every month. 15th-19th payment will be 1-2 per cent , 1th-5th  payment  will be 3-8 per cent (depending on profitability ). 

 
Our assets in  other networks : NXT-asset BGI, XCP-asset BGIXCP, BTS-asset BGIBTS. You can change between networks (the minimum amount for the exchange - 5,000 Assets):   


You can buy-sell our BGI(BGIBTS) assets at openledger.info:

USD: https://bitshares.openledger.info/?r=openledger#/market/BGIBTS_USD

BTS:  https://bitshares.openledger.info/?r=openledger#/market/BGIBTS_BTS

BTC:  https://bitshares.openledger.info/?r=openledger#/market/BGIBTS_BTC

CNY:  https://bitshares.openledger.info/?r=openledger#/market/BGIBTS_CNY

                                                                             
                                                                     

 
« Last Edit: April 17, 2017, 01:02:33 pm by maftol »
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/

testdruif

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Maftol,

Can you provide more information about how the asset funds will be used and how the "profit" or dividends are generated?

The description you provided in your post is very limited...
**Necessity is the mother of invention**
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maftol

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   Proof-of-Stake:
Gridcoin Research utilises proof of stake (POS) as it's primary distributed consensus mechanism.
In Proof-of-Stake, currency is not mined, but rather minted as yearly compound interest.
As a mint mechanism Proof-of-Stake uses the stake of the holder itself. The larger a user's stake in gridcoin, the higher the probability that the user will mint a block.
To calculate the interest reward coin-age is used. Coin-age is the stake of the investor times the days he held it for. If the investor  holds 50 Gridcoins for 3 days, he has acquired 150 coin-age. The higher the coin age, the larger will be the reward compared to the target reward. Once a block is found, the coin age is consumed and starts over again.
 This means work can be calculated separately from interest and allows for separate hash targets.Blocks are generated to meet a certain set yearly hash target for the whole network, for example a 1% increase of total supply per year. This target is therefore adjusted continuously and not every 2 weeks like Bitcoin's difficulty. In Gridcoin the rate listed in the APR schedule is annualized, the rate applied to the coin balance with an APR of 1% on coins held one day is therefore 1%/365. When transferring the coins to a new address, a lock time of hours takes effect, before age is accumulated again.
Gridcoin has eliminated the possibility of a 51% attack, an attack on a standard Proof-of-Work coin, which involves a single entity owning a minimum of 51% of the total network hash rate. To attack Gridcoin in a similar way, the attacker would have to make a 51% buy-out, meaning he needs to own 51% of all the coins. In addition to the 51%, the attacker would have to buy and hold the cumulative stake weight of all nodes with fewer than 30 blocks staked. Since interest is being payed to those who let their nodes run for the network, transaction fees are not needed in theory. However they are still enforced to prevent transaction spam on a single node.
        Proof-of-BOINC
To prove his contribution of BOINC work a Researcher installs the BOINC software on his PC. He chooses a Project from the Current BOINC Whitelist. Only projects from the Current BOINC Whitelist will yield a reward. The whitelist is update regularly. The Researcher registers at the project with his email and is granted a CPID (cross project identifier), which keeps track of his unique credits. If the system is now conscious of the email, it automatically knows its pairing CPID. At the moment this is done through Netsoft-online, which will not remain a permanent solution. Netsoft also acts as a credit checking farm, next to BOINC stats, ensuring that the credits claimed by the owner of a CPID, have the same value as what is stored in the project and later the block chain. The Researcher then starts downloading his work from the server. When he is finished with computing this work container, he sends it back to the server together with a recommendation of credits to be granted for this workload. The server compares this recommendation with another one and then grants the lower credit to both Researchers.
To standardize this unit the Researcher calculates his Recent Average Credit (RAC). RAC consists of a daily acquired credits average.
RAC(new) = RAC(old) * d(t) + (1-d(t)) * Credit(new) , while d(t) = (1/2) ^ ( d / 604800 ) ; t being time in seconds since the last calculation in the decay function
This means that Credits older than a week are only weighted half as much. When t=0 (during the first acquistion of credits) RAC=Credits . It is difficult to calculate an accurate prognosis for RAC, since Credits tend to be payed out sporadic.
With this RAC a recent savings account (RSA) is created. It keeps track of a potential overflow of magnitude. The magnitude for a single project is calculated with:
RAC / Network RAC * 100 * Time since last payment in days * Magnitude Multiplier
NRAC is the Average of RAC included in the blocks that have so far been mined with RAC from a single project. If no block has been found so far for this Project, a reward of 30 will be granted for every block. If the calculated reward is is greater than the current maximum block subsidy, the overflow is stored in the RSA. The payout is delivered as soon as a Proof-of-Stake Block has been found by a researcher. The factor 100 ensures that the Researcher's RAC is greater than 100 before he receives any additional subsidy on top of his Proof of Stake interest for every found block. Gridcoin uses a lookback period of 14 days, to check if the credit has been gathered later than 14 days ago. Credit older than 14 days is therefore disregarded. A single Researcher can accrue rewards in a Research Savings Account across multiple devices for up to 14 days. The payments are subject to caps in the Maximum Block Subsidy. The Maximum Block Subsidy is the maximum reward that can be accrued per block from the Research Savings Account, and also serves as the daily limit of how much credit can be added to the Research Savings Account.
       Proof-of-Research
To tie these two systems together and create a protocol that is both Proof-of-Work and Proof-of-Stake, but not wasteful of its resources in doing so, values from both algorithms are stored in the block header to provide a point of reference and cryptographic proof. Next to the normal Proof hash of Blackcoin, Gridcoin introduces the hash of the BOINC email together with the distributed client public key, which is used to calculate the cpid. This is called the CPID hashing algorithm. While the CPID is public, it cannot be used, or even stolen by another user, since he also needs the email for that, which only has its hashed value stored. Any invalid CPID is rejected, meaning that the CPID needs to be genuine, and the user has signed up with team gridcoin. The user's magnitude is verified by parsing the XML as a 3rd party. This is described as Accuracy.
The verification through Netsoft and other credit checking farms will only be done during the first 6 confirms of a block. Once it is verified, no further evidence is needed. Both rewards are calculated together. As shown in the above reward calculation coin-age is already a part of the function. If somebody with no BOINC work to account for, an investor, finds a block, the values are simply left blank. "Difficulty" is adjusted dynamically similar to Kimoto's Gravity Well. A Monte Carlo simulation has been run to test the fairness of the network, the output and the source code can be reviewed. There is also a google docs, to assist in understanding the variables
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/

maftol

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                                      Research Savings Account
The Research Savings Account (RSA) is a feature unique to Gridcoin. This feature pays for contributions to scientific computations the same way a pay per share pool would pay for hashing a Proof-of-Work algorithm. The work done on scientific computations through BOINC is measured through credits. These credits are used to calculate a Researchers reward. The credits you accrue are not lost but held in the RSA until the researcher finds a block and claims their reward. The credits have a 14 day lookback window, meaning they expire in 14 days if a researcher does not find a block and claim their reward.

Under Proof-of-Research you do not actually lose coins from orphaned blocks like you would in any other coin if you found blocks on a fork. There is a 14 day lookback and as long as you find your confirmed blocks in that time you will get credit for the research you have done according to the magnitude stored in the Research Savings Account.

Also a number of security features are introduced to protect certain aspects of Gridcoin. Credit checking farms are used to secure BOINC credits, a BOINC hash in every Block's header is used as a point of reference and cryptographic proof, making rebuilding a malicious chain in a separate environment as difficult as with any other Proof-of-Work scheme, user information is being protocted as far as possible and lastly the Zerocoin/Zerocash protocol, though at the moment inactive, could potential provide complete user anonymity
                           
                                        Protocol and Architecture
Gridcoin has a complex architecture that results from numerous forks from other crytocurrencies and trying to measure BOINC work in a secure manner. It uses parts from source code of Bitcoin, Litecoin, Novacoin, Peercoin and Blackcoin source code for its Proof-of-Stake. This means that the scrypt algo is still used for a small proportion of Proof-of-Work, while addresses are hashed using sha 256. The wallet itself is built into a generation 2 theme using qt-5. Gridcoin allows full sql queries against its chain. Most of the Gridcoin protocol is written in c++ using tools such as boost, g++ and the Berkley db to compile. The main mint algorithm can be reviewed in the Github Repository under Gridcoin-Research/src/main.cpp.
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/

testdruif

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Hey Maftol,

Thanks for the explenation on BOINC and gridcoin...

What exactly will the raised NXT from the asset sales be used for?

For example: buy equipment to participate in BOINC and mine gridcoin?
**Necessity is the mother of invention**
NXT-NNGD-V8TN-3MZR-DWWBE
https://arguseyes.net

Jimmy2011

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Hi Maftol, do you know Nxtgrid asset?
NXT-LX5G-L63N-ST8S-9LVZY

maftol

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Hi Maftol, do you know Nxtgrid asset?
No.Today learned from you of its existence.
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/

maftol

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Hey Maftol,

Thanks for the explenation on BOINC and gridcoin...

What exactly will the raised NXT from the asset sales be used for?

For example: buy equipment to participate in BOINC and mine gridcoin?

 Of course, part of the money goes to buy equipment to participate in BOINC and mine gridcoin. Part of money goes to maintain the steaks and their ages on different accounts ......
Part of the money goes on smart contracts networks Ethereum and BitShares........
Describe the entire project structure is very hard and not all I can tell ....
It is a complex system in which money wages are making money.
You can verify this by investing in the project.
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/

maftol

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                                                                        Attention!!!

                         Investors who buy 5000 or more assets will have +3%  dividends for November.

                                                      This offer is valid until 11.15.2015
.
« Last Edit: November 03, 2015, 02:57:44 pm by maftol »
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/

KarlKarlsson

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If you really are looking for investors, please ellaborate on your project.
NXTinfo.org - Your toolbox to become an Asset Expert! | Twitter | Facebook | ZapChain

maftol

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If you really are looking for investors, please ellaborate on your project.
Very difficult to describe in detail the entire project. But the main part I described in the first post. Please read. It is a well thought-out and tested scheme.
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/

PondSea

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Does it require new investment to pay out the old?  ;D

maftol

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Does it require new investment to pay out the old?  ;D
I read your posts. You are a great joker.
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/

maftol

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Attention! November dividends for assets, purchased after 11.15.2015,
will be paid for the number of days of ownership of assets in November
.
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/

maftol

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In December, the possibility will receive dividends in other cryptocurrency   (GRC, BTS, ETH).  There will also be an opportunity to buy the assets behind these currencies. We are working on adding other features. All the details we write in December.
« Last Edit: November 10, 2015, 12:45:31 pm by maftol »
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/

maftol

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Due to the increase in prices on the GRC by more than 100 percent and an increase in the number of highly profitable projects BOINC, we change the strategy.  Mining will only GRC. A network BTS and ETHER will be used for diversification. The portfolio diversification will be added STR, as he got  added funding and has prospects for growth. Smart diversification allows  to earn extra 2-5 percent.
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/

maftol

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News of the project:

1.   Now you can buy assets using Bitshares. The cost of the asset:  1BGI= 2BTS. You pay on account  bgi-tolvik. Beyond that sending a letter to the email:  bgi_invest@scottishmail.co.uk. In a letter to write your BTS and NXT accounts and the amount of assets. I check and sends the assets to an account specified in the letter.

2.   In diversification portfolio added SJTX. He fell in price by more than 30 percent, and has good prospects for growth.

3.   STR  has been removed from the portfolio.

4.   Our performance in the network GRC increased. We are now earning more and more often we get payment. We participate in projects that were previously not cost-effective (It was not a high level of RAC).

5.   Questions and proposals to submit to the email: bgi_invest@scottishmail.co.uk.
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/

maftol

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BGI dividends for November  7.4%. Dividends 12/05/2015.
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/

maftol

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Dividends were paid (2435.79 NXT)( 7%). Two of the investor received a bonus 3 percent (493.748 NXT and 680.14 NXT). Paids 3609.678 NXT.
           Transaction 5168993040978697078
« Last Edit: December 14, 2015, 04:27:43 pm by maftol »
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/

maftol

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To protect our investors against inflation, the rate will be pegged USD. 1BGI= 0.01USD The first part of BGI (1%) will be sold for 1NXT. Subsequently, the price is not lower than 1.8 NXT( 0.01USD) for asset. After the sale of the first part of BGI, the dividend will be considered at a price 1.8 NXT for the asset.
BGI (Asset Id:  1261521703868164998 )-monthly dividends 5%-10% (payout 2 times per month ). https://nxtforum.org/assets-board/(ann)-bgi-investment-in-research/
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