WeatherXM Update on Token Launch & Station Rewards
HTML-код
- Опубликовано: 8 сен 2024
- Welcome to our latest WeatherXM update video! In this episode, we're diving into some important developments concerning the TGE and the QoD launch.
𝐒𝐮𝐛𝐦𝐢𝐭 𝐁𝐮𝐠 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞: tally.so/r/nW80eP
Here's a brief overview:
TGE Delay Explained:
Building Infrastructure First: Our focus in recent months has been on constructing a robust infrastructure before initiating the Token Generation Event (TGE).
Complex Challenges: We're tackling multiple intricate issues simultaneously, including transitioning from Polygon to a dual-layer solution (Ethereum & Arbitrum) to realize our expansive vision.
New Rewards Mechanism: We've implemented a Merkle tree claim to streamline transactions and reduce gas fees. This solution efficiently manages over 3,000 connected stations and wallets.
Shift to Company-DAO Model: Initially planned for a later stage, legal and tax considerations have accelerated our transition to a decentralized organization.
CEX Integration: To enhance token economic stability, we're adding the option to use Centralized Exchanges (CEX), although this introduces extra legal complexities.
Quality of Data (QoD): Our latest mechanism evaluates data quality for fair reward distribution. This innovative approach is critical for ensuring reliability and fairness in our decentralized system.
Community Engagement:
Your Role: We value your patience and feedback. If you spot any issues, please let us know using the link above. For technical enthusiasts, contributions via GitHub are welcome.
Continuous Improvement: As we're still in beta, remember that the current focus is on refining our reward system. All rewards will be recalculated at TGE.
Despite the challenges, we are making significant progress. Each obstacle presents a valuable opportunity for growth and innovation.
Feedback and Details: For detailed feedback, especially regarding deployment, include clear photos or descriptions. If you have any concerns or ideas, we're all ears!
We appreciate your continued support as we navigate these exciting developments. Remember, we're in this together, and every step forward brings us closer to our shared vision.
00:00
00:04 What's taking so long?
01:04 Challenge 1: Changing Chains
03:38 Challenge 2: Changing Reward Mechanism
05:31 Challenge 3: Early Launch of DAO
07:13 Legal and Admin burdens
07:41 Challenge 4: Token Listing on CEX
09:10 Challenge 5: Quality of Data
![Megan Thee Stallion - Neva Play (feat. RM) [Official Video]](http://i.ytimg.com/vi/TpYTyAaTRts/mqdefault.jpg)
What is fascinating is the message has been Q4 this whole time, assuming the team didn’t take this decision lightly. They would have known sometime ago that the launch would not go ahead.
Patience is important, but equally so is clear, honest communication!
Cheers to a epic 2024!
That's true, but in some Q&A some while back, they said Q4 or at the latest early 2024, so it's not really a shock if you followed them closely. It's a shock for those who enter their Discord once every 3 months :D Cheers for us!
I was going to buy a weather station anyway, the possibility that it pays for itself is just cream on the cake as far as I am concerned. So I am encouraged by this level of professionalism and attention to detail and look forward to being part of this fascinating project for many years to come. Thank you for the update (and nice production).
Shew. Delays are raising my anxiety…. Thanks for the update. Good questions and interview.
Will the 3% airdrop increase, because the beta period also increases?
can the station be installed on an apartment balcony on a high rise building?
Why not the fastest and cheapest? SOL! You can do exactly that with helium miners, claim your IOT when you want. So HNT is on SOL it makes sense that WXM would be on SOL too.
Solana is one of the worst actually, their network failed like 10 times since the bear-market started, imagine how often it will fail when the real bull market starts. I don't think you guys are ready for the amount of failed Helium claims you'll get. Cheers.
Been using solana for 2 years I never see a failed transaction I think Xm it’s paying to full us with this bullshit
@@Pedro_forlife You didn't catch the SOL breakdowns, it's a difference.
@@Pedro_forlife
September 14, 2021: Down for 17 hours 12 minutes due to a DDoS attack on a decentralised exchange(DEX).
January 6 - 8, 2022: Outage for multiple days. Presumably DDoS attack.
January 10, 2022: Assumed to be the same DDoS attack.
January 22, 2022: 29 hours of downtime, lots of duplicate transactions causing congestion and outages.
March 28, 2022: RPC nodes forked off when upgrade to v1.9 happened.
April 30, 2022: seven hour outage due to millions of NFTs being minted.
May 27, 2022: Block times delayed up to 30 minutes.
June 1, 2022: “A runtime bug triggered by the durable nonce transactions feature allowed, under a specific set of circumstances, for a failed durable nonce transaction to be processed twice.” Lasted about 5 hours.
October 1, 2022: A misconfigured node resulted in lost data and needs to restart from a previous point, which apparently crashes the entire chain.
February 28, 2023: “Solana Mainnet is experiencing a large forking event right now, validators are investigating to determine the network health, root cause and next steps. Transactions may fail right now”. Lasted for about 20 hours
Slow rug
Delays, white paper, blah blah....this project is starting to look like Planetwatch.....
It's far from Planetwatch. The fact that they aren't rushing for the TGE says everything. Planetwatch rushed in so many deals just to pump everything, without taking rational decisions, and since the Awair drama, the project just died, so yes, I'd rather have a delayed TGE than a trash project like Planetwatch.
I remember Planetwatch, and the 'Awair affair'.... This is not PlanetWatch, it is far from it. It is easy to just name a random 'failed' project.
@@alexnauta That's true! WeatherXM is building something different!
Terrible, Nick says whatever you want for the money.
He's a speaker for the company, yes, it's always inclined to be aligned with their decisions, why is that wrong? And whatever they mentioned, it's not breaking news, this has been known for a while, and it's a shock for those who check their social media or Discord every 3 months. Cheers.
@@MyPassiveHunt He is not a company speaker, just a company liar for money. He did the same for Nova, when everyone knew that HNT was falling and would never recover, Nick continued to encourage people to buy new devices that had no use in normal life. Talking about how you're going to miss something big and other nonsense. Likewise, it appeared here to sell as many devices as possible that could be used, but it is not known whether anyone will want to pay for this data. So there is business, but only for those who sell devices. The devices stopped selling, so Nick comes here to sell more devices, lie as much as he can because he gets paid for it. What do you not understand?