Cloud 2.o news
[16:36, 12/03/2020] CLOUD 2.0 NEWS UPDATE
I just participated in a more than an hour long Zoom call with Daniel Kaese.
Very interesting and positive developments.
Let me just quickly list a few of the most important items.
This is now ready, the links to download the Cloud app update you need are currently placed in Cloud Chat and should be on the official website.
There’s no reason to rush, just take it easy, take a good look at the documentation so you don’t make any mistakes. There is more than enough money to serve everyone.
Ribbons Swipe works together with the IM Token app, which just like the Cloud app can also show you the content of your smart wallets. After all, both look at the same bockchain.
IMToken also has a built-in web browser, which will only be added to the Cloud App itself at a later stage, which is why you need both now.
Also take a look at the RS video above from this morning.
An extra video about the installation of IMToken will appear soon.
Limits are temporary
Again during the interim period in which Ribbons Swipe is being tested, there are still limits on the maximum number of CTOs you can convert. Currently that is 500 CTO,
Cloud will now monitor the operation of RS from day to day and monitor for abuse.
As soon as they deem everything safe, the limits will be raised step by step and eventually disappear altogether.
Cloud, I was assured, is well aware that in the end they will be expected to pay out 100% of the profits made (daily rewards) on a daily basis if the account holders so request. And that’s definitely going to work out.
You can now control multiple accounts with one device.
However, every account where you want to execute Ribbons Redeem must be validated, i.e. there must be at least $500 of cryptocoins in Jarvis.
[16:38, 12/03/2020] +91 96504 67618: CTO
The CTO remains the basis of the Cloud Ecosystem. All prices in Cloud Redeem and Cloud Travel will remain in CTO.
The CTOX is used as a stable coin for conversions and will always retain a value of $1. You can even use it as collateral for loans, because it is guaranteed.
So now you pay 5 CTO for 1 CTOX, so the CTO is now worth $0.2.
Soon you’ll pay e.g. 4,5 CTO for 1 CTOX and even later 4 or 3 and after some time you pay 1 CTO for 1 CTOX.
So the CTO moves towards the $1
Everyone is therefore advised to hold their CTOs well, they are expected to show an interesting increase in value.
There are still problems paying back the leavers.
Believe me, these aren’t excuses.
The company could’ve mastered a lot of BTC if they’d had it handled by script as was first planned.
Numerous accounts had given wrong addresses for the external wallets.
Daniel showed an example of an account with 12 BTC in it where there was not even a wallet address where the coins had to go.
Mind you, because these are all anonymous accounts, it is difficult and cumbersome to find all the owners. Ronald Aai has stated that no leaver should lose his coins. In fact, the payout now has to be done completely manually, which is practically impossible with almost 100.000 accounts and 20 min. work per account.
Now that the Ribbons Swipe is finally ready for conversions, capacity will be freed up to make technical adjustments to the scripting software.
Ronald wants the withdrawals to be completed as soon as possible.
This was to explain the delay in this process.
[16:39, 12/03/2020] +91 96504 67618: Jarvis
The main source for our rewards, I was able to ask Daniel some questions afterwards.
Jarvis functions intelligently and to everyone’s full satisfaction and expectations.
Especially on a day like today, Jarvis is able to make impressive profits. With a falling BTC, of course, by shorts.
These profits are still stored in a reserve vault and can be used as collateral for the minting of the stable coin CTOX.
Here you go, let this all settle down first, because there’s still a lot in the pipeline.
Cloud will be a resounding success, at least that’s clear to me, but as I’ve said so many times before, it’s not without bumps and bolts. So expect irregularities in the planning.
Cloud does things and combines economic activities in a way not seen before on a technically as brilliant as complex platform.