Author Topic: ANN- ICO-Bitshares Naira XBITS.NGN initial coin offering (Read 7889 times)

chigbolu · « **on:** June 01, 2020, 06:32:24 pm »

"CRUDE.NGN" Making P2P Transactions Easier for Nigerians

CRUDE.NGN BIT-PAPER
This asset aims to bridge the gap between the NAIRA and the bitshares ecosystem.

CRUDE.NGN will be a User Issued Asset (U.I.A).
- owner can issue assets to himself
- the asset is centralised
# U.I.A Parameters
Holders must be whitelisted (flag)
Disable confidential transactions (flag)
Issuer must approve all transfer (flag)
enable market fees (enabled
Issuer may transfer asset back to himself (disabled)
Max Supply 10,000,000,000,000.00 (ten trillion to 2d.p)
# Protocol
HTLC, Private memo and merchant
# Asset class
UIA Utility token, Semi-Custodial, Hybrid cryptocurrency
# Account Authority
vnc7
# Market Restrictions
(N/B other tradeable assets may be owned by fraudsters trade with caution)

# HOW IT WORKS
As a pegged UIA Asset, CRUDE.NGN has three reserve wallets, one for escrow services, which is tied to the naira asset NGNT on Stellar, the second is bitCNY and third one is USDT. The Liquidity for trading is provided by USDT and bitCNY, while the external reserve wallet allows for more decentralization and ease of withdrawal and deposit.
Escrow/Reserve Accounts
GCVJ5KPAIGYD6LLMKE5V2XTZW4WIBKXBYMN2GGZGGMSAKFDHIPQNLASY
# Liquidity/Reserve Accounts
fbn3113104450

bnb1mhdym8tmmpkn75su3luf8cs5q2f7cq5cahe6j2

Website:
https://bitsharescrude.wordpress.com/
https://bitsharescrude.i.ng
https://data.bitsharescrude.i.ng
https://github.com/bitsharescrude/crude.ngn, https://github.com/bitsharescrude/XBITS-HTLC, https://github.com/bitsharescrude/bitshares-Naira-test, https://github.com/bitsharescrude/XBITS-RECORD
Explorer: https://bts.ai https://wallet.bitshares.org/#/explorer/blocks

Wallet
Wallet(window): https://wallet.bitshares.org/ https://ex.xbts.io/
Android Wallet: www.PalmPay.io, bitsy wallet btspp.app bitshares mobile wallet

Social links: https://www.facebook.com/100002123407774/posts/3041438029270281/?app=fbl
https://t.me/joinchat/bitsharesnigeria2
https://chat.whatsapp.com/GQDzP0tjrVtCUxR6LrlMw1
Disclaimer
https://github.com/bitsharescrude/bitshares-naira-terms

abit · « **Reply #1 on:** June 01, 2020, 09:24:05 pm »

The initiative is not bad, however

1. the XBITS asset has already been registered. I guess you need to choose a new brand.

2. Even if it's not registered, XBITS sounds similar to the existing gateway XBTS, it will probably introduce confusions.

Wish you good luck.

chigbolu · « **Reply #2 on:** June 01, 2020, 09:32:58 pm »

Quote from: abit on June 01, 2020, 09:24:05 pm

The initiative is not bad, however

1. the XBITS asset has already been registered. I guess you need to choose a new brand.

2. Even if it's not registered, XBITS sounds similar to the existing gateway XBTS, it will probably introduce confusions.

Wish you good luck.

Thanks I'll edit the brand once I create the token

abit · « **Reply #3 on:** June 01, 2020, 10:04:03 pm »

Quote from: chigbolu on June 01, 2020, 09:32:58 pm

Quote from: abit on June 01, 2020, 09:24:05 pm
The initiative is not bad, however

1. the XBITS asset has already been registered. I guess you need to choose a new brand.

2. Even if it's not registered, XBITS sounds similar to the existing gateway XBTS, it will probably introduce confusions.

Wish you good luck.
Thanks I'll edit the brand once I create the token

Actually, if you have interest, I'd like to create the assets for you, and transfer them to you after done. Being a LTM it is much cheaper for me to do so, and more convenient than sending you 48000 BTS.

Update: just noticed that you have upgraded to LTM too. So the real cost for you is actually 4800 BTS. It's a bit fishy to ask for 48000 BTS.

chigbolu · « **Reply #4 on:** June 01, 2020, 10:08:49 pm »

Quote from: abit on June 01, 2020, 10:04:03 pm

Quote from: chigbolu on June 01, 2020, 09:32:58 pm
Quote from: abit on June 01, 2020, 09:24:05 pm
The initiative is not bad, however

1. the XBITS asset has already been registered. I guess you need to choose a new brand.

2. Even if it's not registered, XBITS sounds similar to the existing gateway XBTS, it will probably introduce confusions.

Wish you good luck.
Thanks I'll edit the brand once I create the token
Actually, if you have interest, I'd like to create the assets for you, and transfer them to you after done. Being a LTM it is much cheaper for me to do so, and more convenient than sending you 48000 BTS.

Update: just noticed that you have upgraded to LTM too. So the real cost for you is actually 4800 BTS. It's a bit fishy to ask for 48000 BTS.

Thanks yes yes yes

chigbolu · « **Reply #5 on:** June 01, 2020, 10:10:08 pm »

All unused funds would have been returned

abit · « **Reply #6 on:** June 02, 2020, 12:26:13 am »

Update: I've created the assets for OP.
ICO is no longer needed.

chigbolu · « **Reply #7 on:** June 02, 2020, 09:22:41 am »

Quote from: abit on June 02, 2020, 12:26:13 am

Update: I've created the assets for OP.
ICO is no longer needed.

Thanks you are the best
As quoted above the ICO is now closed however there will promotions for the token on this thread so stay tuned

chigbolu · « **Reply #8 on:** June 02, 2020, 10:31:53 pm »

https://github.com/noblenobert/bitshares-Naira
Market markers will be set from tomorrow
All transactions for today have been recorded u can check it up on the link.

chigbolu · « **Reply #9 on:** June 03, 2020, 04:59:43 am »

https://wallet.bitshares.org/#/market/CRUDE.NGN_HONEST.BTC
https://wallet.bitshares.org/#/market/BTS_CRUDE.NGN

Please support the project by setting up markers thanks.
Ensure you read the asset economy rules before buying
https://github.com/noblenobert/bitshares-Naira

chigbolu · « **Reply #10 on:** June 03, 2020, 07:51:02 pm »

We have a website just a temporary one for now
https://bitsharescrude.wordpress.com/

chigbolu · « **Reply #11 on:** June 04, 2020, 03:41:04 am »

https://t.me/addstickers/CRUDE_NGN
Thanks to XBITS EXCHANGE we now have stickers and logos everything is sponsored to the administrator I say more money to your pockets... God bless

EuropaSH · « **Reply #12 on:** June 04, 2020, 08:15:09 am »

Welcome to Dex Family!

chigbolu · « **Reply #13 on:** June 04, 2020, 02:31:59 pm »

I'm so happy to announce that we have been whitelisted by XBTS.IO thanks admin
Here are the markers
https://wallet.bitshares.org/#/market/CRUDE.NGN_XBTSX.USDT

https://ex.xbts.io/market/XBTSX.USDT_CRUDE.NGN
Users are encouraged to buy the naira for USDT as there's currently an arbitrage opportunity for the naira, the owner wants to use this opportunity to provide liquidity. All USDT trades with the owner will be sent out for arbitrage.
Thanks RUDEX and XBTS are accepted

chigbolu · « **Reply #14 on:** June 05, 2020, 07:17:20 am »

https://github.com/bitsharescrude/XBITS-RECORD

the records have been updated to reflect the new prices do check it up.
Happy trading

chigbolu · « **Reply #15 on:** June 05, 2020, 09:11:31 am »

the official website cannot be updated to reflect our current vision, due to network problems, as soon as network is better it will be updated.
happy trading

chigbolu · « **Reply #16 on:** June 06, 2020, 12:02:53 am »

https://twitter.com/bitsharescrude/status/1269054128455667713?s=20

chigbolu · « **Reply #17 on:** June 06, 2020, 06:53:37 pm »

Asset trading still continues as usual, there may be delay in update time tomorrow because of private engagements. Traders take note.

chigbolu · « **Reply #18 on:** June 09, 2020, 07:05:47 am »

https://github.com/bitsharescrude/XBITS-RECORD

THE new prices have been reset happy trading....

chigbolu · « **Reply #19 on:** June 09, 2020, 07:22:58 am »

It's also Easy to perform asset exchange just set a BTS bid above my bid price, or a USDT bid above my SELL price...

chigbolu · « **Reply #20 on:** June 10, 2020, 05:44:24 am »

https://github.com/bitsharescrude/XBITS-RECORD
The records have been set happy trading

chigbolu · « **Reply #21 on:** June 11, 2020, 04:04:45 am »

https://github.com/bitsharescrude/XBITS-RECORD
The records have been set happy trading

abit · « **Reply #22 on:** June 11, 2020, 10:49:05 pm »

Your mobile phone or your Telegram account got hacked or what?

chigbolu · « **Reply #23 on:** June 12, 2020, 01:11:13 am »

https://github.com/bitsharescrude/XBITS-RECORD
The records have been reset, am finding it difficult to provide $pegs

chigbolu · « **Reply #24 on:** June 12, 2020, 01:12:18 am »

Quote from: abit on June 11, 2020, 10:49:05 pm

Your mobile phone or your Telegram account got hacked or what?
No am okay sir, just changed my identity, my phone is still safe

chigbolu · « **Reply #25 on:** June 13, 2020, 06:28:36 am »

The records have been reset Happy trading

chigbolu · « **Reply #26 on:** June 15, 2020, 05:26:15 am »

https://github.com/bitsharescrude/XBITS-RECORD
The records have been updated, happy trading.

chigbolu · « **Reply #27 on:** June 16, 2020, 07:06:48 am »

https://github.com/bitsharescrude/XBITS-RECORD
The records have been updated, happy trading.

chigbolu · « **Reply #28 on:** June 19, 2020, 09:13:07 am »

Records have been updated happy trading, the engn keeps going down against the dollar....

chigbolu · « **Reply #29 on:** July 01, 2020, 06:03:03 am »

Today I'll be creating a new topic called Bitsharescrude where all the updates about my asset will be posted, also trading has been going on for my token and it's been good so far, not the best but good, we now have a data page https://data.bitsharescrude.i.ng were market data is collected from, I will no longer be using the BTS 3DMA instead I'll be using the current price for BTS on that page. Happy trading...

ripplexiaoshan · « **Reply #30 on:** July 01, 2020, 07:56:47 am »

Good to see more assets on DEX.

chigbolu · « **Reply #31 on:** July 17, 2020, 02:41:34 am »

https://bitsharescrude.i.ng is under construction for now, am working on a new hosting it will be up and running later in the day.
Also there were changes made to my trading pattern, plus a new program has been designed to fast track adoption...

chigbolu · « **Reply #32 on:** July 18, 2020, 05:38:17 am »

Website is still down, it was due to a hosting account mishap, hopefully it will be resolved by the end of the day.
We have some new rules that will improve our Naira coin called BMR.... It has been added to the theory section of my BITPAPER and will be new standard of trading for CRUDE.NGN.... BMR is also the standard Binance uses for fiat currencies and it works well for them so it will work well for CRUDE.NGN too. Happy trading, prices have been adjusted as usual...

chigbolu · « **Reply #33 on:** August 12, 2020, 10:28:32 am »

CRUDENGN ASSET REPORT
Current Supply: 205000 CNGN
Issuer income: 1433.08CNGN
BTS/CNGN 30D RANGE 12.5-9.53CNGN
USDT/CNGN 30D RANGE 408-386CNGN
Cumulative trade volume: 1433080CNGN
Total asset value in CNGN: 273395
Equivalent Naira: 329263.5NGN @ 465/$
BMR : 1.2
Decay Supply @386: 61135CNGN
Double Mark @386: 135377CNGN
Buy back volume = 75467CNGN
Decay Value @386 = +121045
Holders: 19

chigbolu · « **Reply #34 on:** August 28, 2020, 07:51:32 pm »

Bitsharescrude FPL code for the new season.
***Free Version***

Code: iisppd

Or
https://fantasy.premierleague.com/leagues/auto-join/iisppd

Register a free bitshares account on https://bitsharescrude.i.ng, https://ex.xbts.io or https://wallet.bitshares.org

Join the Bitsharescrude official WhatsApp group to claim prizes for - manager of the week - manager of the season.
https://t.me/bitsharesnigeria2

https://chat.whatsapp.com/GQDzP0tjrVtCUxR6LrlMw1

*PRIZES*
Manager of the week

(1st-3rd) 100CNGN

Manager of the Season

(1st- 1500CNGN, 2nd- 1000CNGN, 3rd- 500CNGN)
Consolation (4th-10th)

chigbolu · « **Reply #35 on:** September 07, 2020, 12:05:43 pm »

https://data.bitsharescrude.i.ng/
All price updates are shown here

chigbolu · « **Reply #36 on:** September 07, 2020, 02:44:46 pm »

chigbolu · « **Reply #37 on:** September 08, 2020, 08:46:00 am »

https://twitter.com/Nairametrics/status/1303214938303860738?s=20
Despite the new unification plan by CBN, the naira still trades at 440 on the black market.

chigbolu · « **Reply #38 on:** September 08, 2020, 12:25:57 pm »

https://twitter.com/bitsharescrude/status/1303255672142921728?s=20

Join the Stakeholdem antibounty program and start earning from our tweets

chigbolu · « **Reply #39 on:** September 12, 2020, 09:57:51 pm »

CNGN Trading reward

CRUDE.NGN is meant to represent the Naira currency on the bitshares DEX, currently holders of the asset are few and dormant. Only a few persons currently trade CRUDE.NGN actively and this has led to low trade volumes. In order to change this trend and make the CRUDE.NGN market more organic while boosting trade volumes, bitsharescrude is introducing a trading reward program, which will run till the end of the year. The program will reward the top ten trading accounts that trade with the naira according to the amount of CRUDE.NGN they own.

Market Rules

• Traders must have at least 1000CNGN in their accounts to be eligible.

• The top ten active traders with a bid equivalent of at least 1000CNGN will get to share the reward pot.

• The reward will be in the asset they are trading with i.e STH.

• The reward pot will be shared on a weekly basis after a snapshot of market orders and CNGN holders.

Focus Market

CRUDE.NGN/XBTSX.STH Weekly Reward % = 1

The first reward pot will be shared on the 20th September 2020 after calculations are completed.

chigbolu · « **Reply #40 on:** September 15, 2020, 02:24:56 pm »

Fantasy Premier League Table Update
The winners ayebakuro-daniel and mckkyt19 have received their prizes only the third person remains unknown. If the third Manager is not found the next available person will receive the prize before game week 2.

chigbolu · « **Reply #41 on:** September 17, 2020, 06:41:25 pm »

Quote from: chigbolu on September 12, 2020, 09:57:51 pm

CNGN Trading reward

CRUDE.NGN is meant to represent the Naira currency on the bitshares DEX, currently holders of the asset are few and dormant. Only a few persons currently trade CRUDE.NGN actively and this has led to low trade volumes. In order to change this trend and make the CRUDE.NGN market more organic while boosting trade volumes, bitsharescrude is introducing a trading reward program, which will run till the end of the year. The program will reward the top ten trading accounts that trade with the naira according to the amount of CRUDE.NGN they own.

Market Rules

• Traders must have at least 1000CNGN in their accounts to be eligible.

• The top ten active traders with a bid equivalent of at least 1000CNGN will get to share the reward pot.

• The reward will be in the asset they are trading with i.e STH.

• The reward pot will be shared on a weekly basis after a snapshot of market orders and CNGN holders.

Focus Market

CRUDE.NGN/XBTSX.STH Weekly Reward % = 1

The first reward pot will be shared on the 20th September 2020 after calculations are completed.

The focus markets have been expanded to XBTSX.TRD, XBTSX.SCH, TWENTIX, EVRAZ, WEYOUME and XBTSX.DOGE.

chigbolu · « **Reply #42 on:** September 18, 2020, 12:14:29 pm »

CRUDENGN ASSET REPORT
Current Supply: 270000 CNGN
Issuer income: 2998.78CNGN
BTS/CNGN 30D RANGE 21.5-10.1CNGN
USDT/CNGN 30D RANGE N/A
Cumulative trade volume: 2998780CNGN
Total asset value in CNGN: 277530.43
Equivalent Naira: 333570.23NGN @ 467.5/$
BMR : 1.2
Decay Supply @389: 68384.82CNGN
Double Mark @389: 131885.57CNGN
Buy back volume = 195244.28CNGN
Decay Value @389 = +79287.37CNGN
Holders: 27

Due to some issues, the decay Supply has been shifted to H.USD, EVRAZ and XBTSX.DOGE instead of XBTSX.USDT, this asset is no longer viable due to high fees... Hopefully an alternative dollar pair with low cost will become available in the future.

chigbolu · « **Reply #43 on:** September 18, 2020, 12:36:51 pm »

https://github.com/bitsharescrude/crude.ngn
New terms have been added to the bitpaper

chigbolu · « **Reply #44 on:** September 19, 2020, 11:33:23 pm »

Week 1 CNGN top ten trading reward
1. lode: 0.951TWENTIX, 1.184WEYOUME
2. evrazb9: 5.024EVRAZ
3. arisha-luk: 3.057EVRAZ
4. evraz-com: 1.33EVRAZ
5. aton: 1.163EVRAZ
6. altin: 0.953EVRAZ
7. amanter: 0.667EVRAZ

Next reward pot will be shared on the 27th of September

chigbolu · « **Reply #45 on:** September 27, 2020, 08:25:24 am »

Week 2 CNGN top ten trading reward
1. lode: 0.12TWENTIX, 0.094WEYOUME
2. bharat: 1.96EVRAZ
3. altin: 1.222EVRAZ
4. evrazb9: 0.987EVRAZ
5. aton: 0.98EVRAZ
6. bu-dva: 0.893EVRAZ
7. amanter: 0.796EVRAZ
8. global-ru: 0.796EVRAZ

Next reward pot will be shared on the 4th of October 2020

chigbolu · « **Reply #46 on:** September 29, 2020, 11:01:14 am »

FPL Game Week 3 Results
1st Ayantunji 68
2nd Dinero 66
3rd Chebasa 56

chigbolu · « **Reply #47 on:** September 29, 2020, 11:05:38 am »

Bitsharescrude Independence giveaway
To celebrate Nigeria's 60th Independence anniversary, bitsharescrude will be giving out crypto candies to well wishers. In order to be eligible for this event, you must have a bitshares wallet. The giveaway activity is divided into two....
Part 1
Quiz round... The top three winners will get to share the candy reward. Other participants will receive consolation candies....
Part 2
Trading Reward for the best CNGN market on the bitshares DEX which is currently EVRAZ. The top 3 EVRAZ traders will get to share the candies in the form of evraz coins, the sharing formula will be according to the percentage of CNGN each trader holds...
The quiz questions will be shared tomorrow on all bitshares group as well as our watsapp group.
A total of 5000CNGN worth of candies is expected to be shared, good luck...

chigbolu · « **Reply #48 on:** September 29, 2020, 11:49:25 am »

A total of 5000CNGN will be shared among the wallets holding above 10,000CNGN according to their percentage holdings

chigbolu · « **Reply #49 on:** September 30, 2020, 08:57:36 pm »

Here's the result of the Independence Giveaway contest...
Winners 🍬🍬🍭🍭🍬

1st iamredbar1 (82.35%)
Prize 7000STH

2nd nonso-isi (64.71%)
Prize 3733.38STH

3rd tradecoin-2018 (47.06%)
Prize 2333.34STH

Consolation prize 💰 466.2STH
pcm1
lode

Trading Reward Winners 💰
1st place aton 71.5EVRAZ
2nd place bharat 42.9EVRAZ
3rd place altin 28.6EVRAZ

Prizes will be shared tomorrow ☺️☺️☺️🍭🍬🍬🍬🍭😋😋😋😋

chigbolu · « **Reply #50 on:** October 03, 2020, 02:00:40 pm »

CRUDENGN ASSET REPORT
Current Supply: 270000 CNGN
Issuer income: 3656.38CNGN
BTS/CNGN 30D RANGE 22.4-8.14CNGN
USDT/CNGN 30D RANGE 420-387CNGN
Cumulative trade volume: 3656380CNGN
Total asset value in CNGN: 180584.20
Equivalent Naira: 214813.93NGN @ 463/$
BMR : 1.19
Decay Supply @389: 13639.17CNGN
Double Mark @389: 194457.27CNGN
Buy back volume = 137787.23CNGN
Decay Value @389 = +46453.35
Holders: 37

chigbolu · « **Reply #51 on:** October 04, 2020, 11:42:47 am »

Week 3 CNGN top ten trading reward
1. lode: 0.443TWENTIX, 0.487WEYOUME
2. evrazb9... 1.067EVRAZ
3. altin 1.037ERAZ
4. gncht 0.988EVRAZ
5. bu-dva 0.975EVRAZ
6. bharat 0.967EVRAZ
7. aton 0.964EVRAZ
8. arisha-luk 0.96EVRAZ
9. amanter 0.956EVRAZ

Next reward pot will be shared on the 11th of October 2020

chigbolu · « **Reply #52 on:** October 10, 2020, 02:24:09 pm »

CRUDENGN ASSET REPORT
Current Supply: 270000 CNGN
Issuer income: 3804.67CNGN
Cumulative trade volume: 3804670CNGN
Total asset value in CNGN: 176518.7
Equivalent Naira: 211116.37NGN @ 466.44$
BMR : 1.196
Decay Supply @390: 22784.17CNGN
Double Mark @390: 153734.53CNGN
Buy back volume = 138940.72CNGN
Decay Value @389 = +37577.98
Backing Value = -93481.3CNGN
Risk= 34.62%
Holders: 37
A new parameter has been added which was initially forgotten, that is the assets backing Value, which is currently at a negative, this means the owner is trading at loss, it doesn't affect buyback of the asset, it's only affects the peg. Users should take note of this, the peg risk level is also added to show the effect of this new parameter.

chigbolu · « **Reply #53 on:** October 11, 2020, 06:49:52 am »

Week 4 CNGN top ten trading reward
1. lode: 0.675TWENTIX
2. bharat 1.992EVRAZ
3. evrazb9... 1.18EVRAZ
4. global-invest 1.148EVRAZ
5. arisha-luk 1.061EVRAZ
6. amanter 1.019EVRAZ
7. gich-go 1.011EVRAZ
8. bu-dva 1.002EVRAZ
9. altin 0.985ERAZ

Next reward pot will be shared on the 18th of October 2020

chigbolu · « **Reply #54 on:** October 17, 2020, 03:08:27 pm »

CRUDENGN ASSET REPORT
Current Supply: 270000 CNGN
Issuer income: 3869.45CNGN
Cumulative trade volume: 3869450CNGN
Total asset value in CNGN: 166911.49
Equivalent Naira: 202296.73NGN @ 470
BMR : 1.212
Decay Supply @387: 16280.30CNGN
Double Mark @387: 150631.19CNGN
Buy back volume = 133239.41CNGN
Decay Value @387 = +33672.09
Backing Value = -103088.50CNGN
Risk= 38.18%
Holders: 41

chigbolu · « **Reply #55 on:** October 18, 2020, 04:56:37 am »

Week 5 CNGN top ten trading reward
1.accracreditunion 0.414TWENTIX
2.altin 0.997EVRAZ
3.aton 1.022EVRAZ
4.amanter 1.031EVRAZ
5.arisha-luk 1.039EVRAZ
6.evrazb9 1.194EVRAZ
7.gncht 1.237EVRAZ
8.bharat 2.510EVRAZ
9.global-ru 2.766EVRAZ

chigbolu · « **Reply #56 on:** October 19, 2020, 09:56:37 pm »

New website for tracking popular bitshares assets has been created http://mcap.bitsharescrude.i.ng/.

chigbolu · « **Reply #57 on:** October 25, 2020, 06:59:16 am »

Week 6 CNGN top ten trading reward
1. bharat 4.348 EVRAZ
2. global-ru 2.521 EVRAZ
3. bu-dva 2.397 EVRAZ
4. jarko-srb 2.293 EVRAZ
5. altin 2.107 EVRAZ
6. aton 1.903 EVRAZ
7. accracreditunion 0.223 TWENTIX
8. koba 1.147 EVRAZ
9. gncht 1.128 EVRAZ
10. evrazb9 1.089 EVRAZ

The Next pot will be shared on 1st November, 2020

chigbolu · « **Reply #58 on:** November 01, 2020, 10:37:59 am »

Week 7 Top Ten Trading Reward
bharat 3.864EVRAZ
nonso-isi 213.819STH
global-ru 2.573EVRAZ
bu-dva 2.446EVRAZ
jarko-srb 2.331EVRAZ
amanter 2.192EVRAZ
altin 2.150EVRAZ
aton 1.942EVRAZ
koba 1.170EVRAZ
gncht 1.151EVRAZ

Next Reward Pot will be shared on the 8th of November 2020

chigbolu · « **Reply #59 on:** November 08, 2020, 10:30:58 am »

Week 8 Top Ten Trading Reward

koba 2.675EVRAZ
jarko-srb 1.982EVRAZ
nonso-isi 123.463STH
gich-go 1.277EVRAZ
arisha-luk 1.13EVRAZ
zgt1 1.122EVRAZ
vksh79 1.113EVRAZ
thik-he 1.104EVRAZ
sweet-girl 1.097EVRAZ
tf7679 1.088EVRAZ

Next Reward Pot will be shared on the 15th of November 2020

chigbolu · « **Reply #60 on:** November 13, 2020, 08:20:42 am »

We now have CRUDE.BTS smartasset, which follows the price of BTS in Naira, and is backed by CRUDE.NGN, A list of well known price Feeders have been added...
https://bts.ai/block/53170283

https://github.com/bitsharescrude/CRUDE.BTS

chigbolu · « **Reply #61 on:** November 14, 2020, 09:07:19 pm »

Bitsharescrude now has three new assets; the Liquidity pool token, the smartcoin and the leveraged asset token
The liquidity Pool is not yet active because of the bitshares UI, however the other assets are now active and can be traded
The smartcoin CRUDE.BTS tracks the avg daily price of bitshares, and is backed by CRUDE.NGN, While the Leverage Asset Token
CRUDE.LVRG tracks the weekly price change of bitshares multiplied by 5, i.e @ a 5X leverage.
This leverage applies only for small trades, to increase CLVRG supply new accounts must start at 1:5 odd or 0.2 odd against CNGN
Part of the *funds gotten will then be used to open new positions against CNGN. The rest will be used to trade on the Futures Market.

*All funds gotten will be converted to USD/BTS @ 1:5.

https://bts.ai/asset/CRUDE.LVRG
https://github.com/bitsharescrude/CRUDE.LVRG
https://ex.xbts.io/market/CRUDE.LVRG_BTS
https://ex.xbts.io/market/CRUDE.LVRG_CRUDE.NGN

https://ex.xbts.io/market/CRUDE.BTS_BTS
https://ex.xbts.io/market/CRUDE.BTS_CRUDE.NGN
https://github.com/bitsharescrude/CRUDE.BTS

chigbolu · « **Reply #62 on:** November 15, 2020, 01:38:52 pm »

Week 9 Top Ten Trading Reward

koba 4.066EVRAZ
jarko-srb 4.046EVRAZ
gncht 2.561EVRAZ
gich-go 1.306EVRAZ
arisha-luk 1.157EVRAZ
zgt1 1.148EVRAZ
vksh79 1.139EVRAZ
thik-he 1.13EVRAZ
sweet-girl 1.122EVRAZ
tf7679 1.113EVRAZ

Next Reward Pot will be shared on the 22nd of November 2020

chigbolu · « **Reply #63 on:** November 17, 2020, 08:29:28 am »

CNGN Trading reward Update

CRUDE.NGN is meant to represent the Naira currency on the bitshares DEX, currently holders of the asset are few and dormant. Only a few persons currently trade CRUDE.NGN actively and this has led to low trade volumes. In order to change this trend and make the CRUDE.NGN market more organic while boosting trade volumes, bitsharescrude is introducing a trading reward program, which will now continue to run till further notice. The program will reward the top ten trading accounts that trade with the naira according to the amount of CRUDE.NGN they own.

Market Rules

• Traders must have at least 1000CNGN in their accounts to be eligible.

• The top ten active traders with visible bids equivalent of at least 1000CNGN will get to share the reward pot.

• The reward will be in CRUDE.BTS.

• The reward pot will be shared on a weekly basis after a snapshot of market orders and CNGN holders.

The next reward pot will be shared on 21st November 2020 after calculations are completed.

chigbolu · « **Reply #64 on:** November 17, 2020, 08:48:32 am »

Our Website https://bitsharescrude.i.ng has been rebranded. It has a deposit and withdrawal option, as well as a fully customized chart for your tracking bitshares and other cryptocurrencies, a quick chat via mail option, a support center and a trading account link from where you can access the XBTS.IO BTS DEX.

chigbolu · « **Reply #65 on:** November 22, 2020, 06:59:44 pm »

Week 10 Top Ten Trading Reward

jarko-srb 3.289EVRAZ
Koba 3.122
gich-go 2.844EVRAZ
arisha-luk 1.881EVRAZ
evrazb9 1.783 EVRAZ
bu-dva 1.703EVRAZ
global-ru 1.609EVEAZ
Monkada 1.414EVRAZ
global-invest 1.404
altin 1.275

Next Reward Pot will be shared on the 29th of November 2020

chigbolu · « **Reply #66 on:** November 29, 2020, 12:01:34 am »

Week 11 Top Ten Trading Reward

altin 2.408EVRAZ/ 5.168CLVRG
jarko-srb 2.328EVRAZ/ 4.995CLVRG
amanter 1.048EVRAZ/2.249CLVRG
shirak 0.950EVRAZ/ 2.038CLVRG
shlvn 0.944EVRAZ / 2.025CLVRG
bu-dva 0.925EVRAZ/ 1.986CLVRG
koba 0.824EVRAZ/ 1.768CLVRG

Next Reward Pot will be shared on the 6th of December 2020

chigbolu · « **Reply #67 on:** December 05, 2020, 10:58:09 pm »

Trading Reward update
Bitsharescrude has been running it's trading reward program for about 3 months now, it hasn't gone as well as thought, however the CRUDE.NGN/EVRAZ market has thrived strongly since the beginning of the program. Due to this and recent events the trading reward program will now be streamlined for convenience, from this month onwards but the reward stays thesame...

Market Rules

• Traders MUST have at least 1000CNGN in their accounts to be eligible, this amount must visible on bts.ai or any bitshares explorer because results are calculated manually.

• The top ten active traders with a visible bid equivalent to at least 1000CNGN will get to share the reward pot.

• The reward pot will be calculated using 1% of the total amount of CNGN held by each of the ten accounts.

• The reward will be in CRUDE.BTS in line with the new vision of bitsharescrude.

• The reward pot will be shared on a weekly basis after an overview of market orders and CNGN holders.

The next reward pot will be shared on the 6th of December 2020 after calculations are completed.

chigbolu · « **Reply #68 on:** December 05, 2020, 11:47:26 pm »

Week 12 Top Ten Trading Reward
misha-luk 3.362CBTS

Next reward pot will be shared on 13th Dec 2020

chigbolu · « **Reply #69 on:** December 14, 2020, 01:46:58 pm »

Quote from: chigbolu on December 05, 2020, 10:58:09 pm

Trading Reward update
Bitsharescrude has been running it's trading reward program for about 3 months now, it hasn't gone as well as thought, however the CRUDE.NGN/EVRAZ market has thrived strongly since the beginning of the program. Due to this and recent events the trading reward program will now be streamlined for convenience, from this month onwards but the reward stays thesame...

Market Rules

• Traders MUST have at least 1000CNGN in their accounts to be eligible, this amount must visible on bts.ai or any bitshares explorer because results are calculated manually.

• The top ten active traders with a visible bid equivalent to at least 1000CNGN will get to share the reward pot.

• The reward pot will be calculated using 1% of the total amount of CNGN held by each of the ten accounts.

• The reward will be in CRUDE.BTS in line with the new vision of bitsharescrude.

• The reward pot will be shared on a weekly basis after an overview of market orders and CNGN holders.

The next reward pot will be shared on the 6th of December 2020 after calculations are completed.

Here are the top ten traders for last week (Reward is in CRUDE.BTS)
nonso-isi 4.159
misha-luk 3.476
altin 2.901
shlvn 2.203
shirak 2.167
arisha-luk 2.072
jarko-srb 2.060

But they wont get their price because they didnt follow the rules...

chigbolu · « **Reply #70 on:** December 14, 2020, 03:04:36 pm »

The Feed Price Lifetime of CRUDE.BTS has been adjusted to 6days while the Forced settlement delay is now an hour. Also Maximum settlement volume is set to 100%

chigbolu · « **Reply #71 on:** December 15, 2020, 08:21:12 am »

Our pool for BTS/CRUDE.NGN is now running
Our pool ID is 1.19.40

chigbolu · « **Reply #72 on:** December 16, 2020, 08:51:56 pm »

fbn3113104450 is the new escrow wallet especially for bank transfer transactions. The account is clearly visible on the bitshares blockchain and transactions made to the wallet can be tracked. The main function of the wallet is to send and recieve money from bank transfers.
**HOW TO SEND
This process assumes you already have CRUDE.NGN and want to withdraw simply send the amount you want to fbn3113104450, with a memo containing your bank account, or send a mail to [email protected] containing the bank details.
Your bank account will be written as so... "bank code:account number".
**HOW TO RECEIVE
This process assumes you want to make a deposit to the blockchain via bank transfer. Simply send the amount to FBN:3113104450 and add your bitshares wallet name on the note/remark column in your bank transfer app.

The Second function of the wallet is to display the current cash available in that bank account. So if you see 10,000CRUDE.NGN it means that approximately 12500NGN is currently available in cash for withdrawals.

Banks and their respective Codes
ABP : Access Bank PLC
ECO: Ecobank PLC
FCMB: First City Monument Bank
FBP: Fidelity Bank Plc
FBN: First Bank of Nigeria Plc
GTB: Gauranteed Trust Bank Plc
HB: Heritage Bank
JB: Jaiz Bank
KSB: Keystone Bank Plc
POLB: Polaris Bank Plc
PROB: Providus Bank Plc
IBTC: Stanbic IBTC Bank Plc
UBN: Union Bank of Nigeira Plc
UBA: United Bank of Africa
UB: Unity Bank Plc
WB: Wema Bank Plc
ZB: Zenith Bank Plc .

N/B the blockchain is a very risky place to ensure that you do not lose your funds to the wrong wallet make sure you add fbn3113104450 to your list of contacts...
How to add fbn3113104450 to contact list
* Go to the bitshares dex and click on explorer (the eye sign)
* Click on accounts and search for fbn3113104450 it will show on your dashboard.
* Click on the + sign by the side, it will be added to your contact list and anytime you want perform any transactions, the wallet will come up on your display.

chigbolu · « **Reply #73 on:** December 20, 2020, 03:22:10 pm »

bitsharescrude-fund is the new Reserve/Budget Wallet for bitsharescrude, it will function as the wallet for holding contract tokens and for emergency funding, when the need arises for funds.... It will also serve as our portfolio, As more Contract tokens are bought or created they will be kept here.

chigbolu · « **Reply #74 on:** December 27, 2020, 04:21:03 am »

Quote from: chigbolu on December 20, 2020, 03:22:10 pm

bitsharescrude-fund is the new Reserve/Budget Wallet for bitsharescrude, it will function as the wallet for holding contract tokens and for emergency funding, when the need arises for funds.... It will also serve as our portfolio, As more Contract tokens are bought or created they will be kept here.

We have now decided a sharing percentage for the funds that will be kept in this wallet, plus, when it will be disbursed, as earlier said this wallet is our portfolio, and our value as an organization will be reflected there... Follow this link to read up on bitshares fund... https://bitsharescrude.i.ng/fund.html

chigbolu · « **Reply #75 on:** December 27, 2020, 04:57:50 am »

CRUDENGN ASSET REPORT
Current Supply: 4,668,000 CNGN
Issuer income: 4706.8CNGN
Cumulative trade volume: 4,706,800CNGN
Total asset value in CNGN: 369,894.87
Equivalent Naira: 443,873.844NGN @ 475
BMR : 1.2
Decay Supply @387: 24,797CNGN
Double Mark @387: 345,097.87CNGN
Buy back volume = 1,079,367.1CNGN
Decay Value @387 = -709,472.23CNGN
Backing Value = -4,298,105.13CNGN