It is the Crypto Of Things, the unsung hero of crypto.
Supporting the most innovative platform is not something i had to consider to do or not do. Seeing the devastation done to the asset exchange and token related functions of this
marvell blockchain led me to release a product on this verry platform, as a proof of concept. Proof, that BURST is not flawed, just not used correctly. This is My story,this is
how i support the network besides running 2 full nodes my self.
The LMSI project
So as it been pointed out, BURST, depsite being the best of the finest, has a rough past and technology put to proper use is nothing but a theroy.
My project started exactly on 2020 January 1, for a convinient BURST-day. (pun intended)
LMSI is to be considered as a way to support the network, and allso as a way to earn BURST. It has 500,000 shares, no decimals. It runs on the brilliant BURST chain,
listed in the BTDEX peer-to-peer platform under the numerical ID of 16296102952444293762 . It can be bought with BURST.
The modell is super simplified to keep everything easy and transparent. BURST is used to purchase non-BURST coins that can be mined via low energy solutions, preferably
Poor of stake type coins. The staking income is used to buy burst, and pay a proportional amount to holders of LMSI. It is created to raise the value of BURST, and to showcase
its technology. Every month, payments are made, and Our achievements listed on Our Discord channel. It has not been advertised, there is near zero marketing involved. Release of
LMSI is at a limited rate, with a ladder type system in place to ensure no overselling is possible. Part of the income is lockt for future buyback orders, and compounding.
The ladder system makes sure its never oversold. Sell price is allways 4000 BURST, and target buyback is 3999 BURST.
One may ask, why is it different than just purchasing a stakeing coin, and holding it ? Well, first off, other than purchasing, there is realy nothing else to do. No need to
have a wallet open, check blockchain for forking, no need to worry about manadtory updates. It is all taken care of by me personaly. Services that do this work for a far higher fee,
resulting in far less of the profit. Allso LMSI has side income sources, never financed from sales of LMSI, but the profit is put towards obtaining more coins. This system yields
higher returns than what staking the proprtional amount of coins could. Even if running costs are not considered.
There are numerous services world wide simular to LMSI, but only LMSI has 100% traceable records on block chains, and thus a proven track record ensured by blockchain technology.
At the exact time fo this writing, 180 LMSI has been sold since the launch. That means, that 720,000 BURST has been put to good use. Allso, LMSI has a little Brother too. cLMSI
is yet a nother release on the same BURST chain, aimed to serve as a cheaper entry point into LMSI. As currently LMSI is worth about (at this verry moment) roughly 25 USD-ish.
cLMSI is a fraction asset, 1/100 of the value and returns of a single LMSI. It is allso limited in mubers, being only 500 created. It was not made by me, but a 3rd party. For
reasons unclarified the creator has went out of the crypto space, however cLMSI has been rebooted with community help and is in the best hands one can wish for.
Most probably the first time in crypto when a failed attempt left exactly ZERO people scammed or damaged. No harm was done, in fact all the monthly logs can be read in the LMSI
discord channel. Dating back to the first one. Every single time something went bad, the compensation is listed too. Allso LMSI is most probably the only oversecured item in the
whole cryptospace.To this date, there was never a single time when -if initiated by voting- it could not be liquidated and offer a higher buyback to every holder than original sell
price. And, in 1 case a buyback was allready done for technical reasons.
Allso note worthy, that up to this date, not a single account ever wanted to SELL LMSI than the issueing account.
If you wish to support my work, there are options to do so. One of them is the hashpower donation option, where one can donate CPU hashpower, or one can simply obtain an LMSI ,
or cLMSI, or donating BURST via the Burst dappository. Or just simply join our discrd and lets have a chat.
Our community is not regulated and not safe by default, topics are not fixed. Even if not crypto related, we discuss everything. We keep it civil. Moderation is not present ,
and not required usually. Scamming attempts and spamming is however not tolerated. Opposing views are welcome allso. LMSI is actually formed from the derivation of asking absolute
random people on different crypto channels for opinions what they would NOT like to see in a brand new crypto project. The reverse logic yielded a clean, sleek, simple result.
Thank You for reading.
A list of interesting links you can find here:
LMSI+cLMSI discord link : https://discord.gg/KGsxvTa
TRT discord link : https://discord.gg/wKbNPjvVBf
BURST dapps : https://burst.dappository.world/
BTDEX : https://btdex.trade/
LMSI explorer link : https://explore.burstcoin.ro/asset/16296102952444293762
cLMSI explorer link : https://explore.burstcoin.ro/asset/15170030448068790443
TRT explorer link : https://explore.burstcoin.ro/asset/12402415494995249540
BURST coin main site : https://www.burst-coin.org/
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