Earlier this summer, I wrote about the Giga watt ICO and how I thought it looked like a good investment. I really liked the background of the founder and his experience with Microsoft and Bitcoin mining. What I also liked were the returns on investment. The best I could figure (and I've been reading white papers for 20 plus years) was the tokens would rent for around 40-60% per year! Now in any other universe this would be so unbelievable that they would tomato you or call it a Ponzi scheme. But not in crypto....In fact the ICO didn't even get fully sold out!!!!! Mind boggling to me, to be honest. Well, I wish I would have bought more.
Well my first batch of the ICO is collecting rent on the tokens and it looks like the returns so far (it's very early yet) are around 50% annualized on token rent! I don't have any stats on the mining yet, but it will probably be mind boggling. Honestly, I may not even have to mine. I'm VERY happy with the rent! Call me the miner slum lord. lol
These WTT tokens will roll out on Kraken in Oct/Nov and I would recommend buying some. I'm certainly going to buy more.
POST EDIT: Just be very careful, it is at one dollar now and it could come out on Kraken much higher. You can't buy them today, so there may be a lot of demand. I think it is a good deal at the current price.
Awesome post @davidp sir, so much helpful.
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Great post @davidp sir full of knowledge. thanks for sharing
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At the moment are the best investments. To triple your money in a short time
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if u rcomended sur we will bought some sir
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Just be careful about the price......right now it s 1 dollar.....It may jump a lot when it comes out because you can't buy any anymore.
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when it come out i also think that u r right hope it will jump alot davi
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i think it wasn't fully sold out because not all people yet know about crypto market and those who do, think it is too complicated for them and they might to lose more that to get
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if ur perdictions are good on it i think this is good for us to invest in now
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i will consider buying it BTW thanks for telling about it
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I will buy some i really like the project david
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white paper what is this i really dont know it and u say u read it 20 year..and also i will buy some tokens @davidp sir
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I am afraid to buy icos lol
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How high do you think the coin will go @davidp?
It seems like a pretty good concept and a way the consumer can save a lot of money in the process.
So do you rent out the token and get some dividend along the way?
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My guess (and it is just a guess).....I think the tokens will go up 300%.
You rent the tokens and you get an hourly report of BTC ETH and LTC that was collected from rent.
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first time I see this coin- I am loosing track on the daily ICOs.
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the best strategy would be to buy after the hype
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For the first time I hear about WTT. I should read about them and buy a little, for the future.
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great post sir "" resteemed and upvoted
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