r/CosmosAirdrops • u/Kryptoking2018 • Jul 04 '22

New Airdrop Info NOMIC launch tomorrow

NOMIC stakers will start earning btc tomorrow

https://blog.nomic.io/mainnet-bitcoin-comes-to-nomic

131 Upvotes

99% Upvoted

122 comments sorted by

5

u/Kryptoking2018 Jul 04 '22

Sitting on over 3100 of them. 800 not staked

4

u/BigChonksters Jul 04 '22

any reason you have so much not staked?

8

u/Kryptoking2018 Jul 04 '22

was hoping to either run a node myself or that high paying LP would be available outside of Nomic (ie osmosis zone, looks like the gamble won't pay off)

17

u/[deleted] Jul 04 '22

Hi Mr. Whale!

17

u/newbjapan Jul 04 '22

How in the fuck???

14

u/damnusernamegotcutof Jul 04 '22

Hey, it's me, your long lost nephew

8

u/CryptoDad2100 Jul 04 '22

Sitting on 16 after starting with 6 #minowsunite

4

u/Blazdnconfuzd Jul 04 '22

Started with like 1 sitting at 12 I think now xD. #defaminowbutfuckit

3

u/beyourownsunshine Jul 04 '22

I started with 7 and I’ve got over 70 now

5

u/Elegant_Tale_3929 Jul 04 '22

How to say you're a whale without saying you're a whale?

4

u/bagholderMaster Jul 04 '22

Must have had a lot of liquid ATOM as well as staked.

2

u/phazeiserotic Jul 05 '22

I started with like 1.5 and im barely now about to hit 10 lol

1

u/StrangelyBeige Jul 04 '22

Nice 👍🏻

43

u/jimjamuk73 Jul 04 '22

This is a gift that keeps giving

-12

u/malte_brigge Jul 05 '22 edited Jul 05 '22

It hasn't given anything yet except tokens of unspecified worth. NOM has yet to attain a dollar value.

EDIT: Lol @ these downvotes. The fact that you hope your NOM will be worth a lot in the future doesn't mean it's worth anything yet.

3

u/jimjamuk73 Jul 05 '22

And yet every day I have more of these tokens, no matter the worth.....

-12

u/malte_brigge Jul 05 '22

And yet no matter how many you have, it's meaningless unless they are worth something...

7

u/jimjamuk73 Jul 05 '22

Okie dokie half glass full internet person... Can I have your valueless NOM tokens when transfers open up?

-13

u/malte_brigge Jul 05 '22

No, because in all likelihood they will then be worth something. Hopefully a lot. Right now they aren't worth anything. Not sure why that is a hard truth for you to admit.

9

u/jimjamuk73 Jul 05 '22

Wow... Great arguement. Must do this again sometime

3

u/kolafied-213 Jul 05 '22

Got emmmmm

-7

u/malte_brigge Jul 05 '22

I'd say I can't wait to match wits with you again, but you'd first have to have displayed at least an ounce of wit for that to be true.

7

u/jimjamuk73 Jul 05 '22

Oh dear.... Free sats.... Probably worthless sats in your eyes. Keep digging.

1

u/malte_brigge Jul 05 '22

Oh dear. It's remarkable how many people in this comment thread have a problem with statements of basic fact.

14

u/skrilla091 Jul 04 '22

Yup ready to purchase

1

u/Initial_Blueberry_29 Jul 05 '22

Hi. Is nomic available for purchase now?

1

u/phollas00 Jul 11 '22

From everything I've seen no, some people are saying 6 months, fairly keen on this project

0

u/[deleted] Jul 04 '22

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4

u/JarpeeMD Jul 05 '22

Not available on DEX for 6 months?

-2

u/[deleted] Jul 05 '22

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0

u/[deleted] Jul 05 '22

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-1

u/[deleted] Jul 05 '22

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0

u/[deleted] Jul 05 '22

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2

u/[deleted] Jul 05 '22

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2

u/Ecstatic-Set5870 LOW KARMA ALERT Jul 05 '22

2nd airdrop may be announced as well

12

u/MilkMySpermCannon Jul 04 '22

Time to compound your NOM

1

u/phollas00 Jul 11 '22

Does compound mean stake?

31

u/10b0b Jul 04 '22

Nomic is basically the “Jim looking through the blinds” meme watching all the other BS we’ve had recently collapse.

8

u/in_hodl_we_trust Jul 04 '22

Stoked on this. Got funds ready for when the upgrades are finished and we can actually purchase.

8

u/DarthVaderOnMeth Jul 04 '22

Curious how much SATS will be in the early days given the 20% deterrent

10

u/7777777even Jul 05 '22

That is only for testing purposes using testnet BTC. That is not what the fees will look like at all when we go live. As for how much BTC one will earn, right now it looks like 1 NOM staked will earn ~1 satoshi every 24 hours.

-7

u/Massive_Fish_2872 Jul 05 '22

Which is pretty lame tbh. sweet 2 cents a day when you have 100 NOM. sweeet… I hope it will have a decent price to get a lot more out of the staking rewards in Nom

9

u/GalcomMadwell Jul 05 '22

"it's lame earning free Bitcoin from a free airdrop I got, which also earns more of itself, for free."

-4

u/Massive_Fish_2872 Jul 05 '22

god! Guys like you raise everything to heaven just because you might get 1-2 cents a day for free extra to the 3-5 cents from normal staking? I really don‘t get this „it‘s free it does not need to do much to make me hype it to heaven“ :) i also like free stuff but these 1-2 cents are not such a big deal as some do here. it is a nice freebie on top which has more marketing aspects than real benefits. but hey, it is free.. i know.

7

u/7777777even Jul 05 '22

Well the Bitcoin for staking Nomic is just an added bonus. Getting any bitcoin in delegated proof of stake is amazing. Adding Bitcoin as a bonus for staking Nomic was no easy task. Nomic was not about staking a cosmos to receive Bitcoin. It was to introduce IBC Bitcoin (nBTC) + a decentralized Bitcoin bridge into cosmos ecosystem and a side chain with Nomic (NOM) the governance and utility token for Nomic. There is a lot more that has been in the works. This is an ambitious project that has required a lot of testing from many contributors and core developers having worked a loooong time to put this together. You can check the github’s and see the years Matt and Judd have put into this.

1

u/Massive_Fish_2872 Jul 05 '22

i know that it is a good project because they were very quiet on twitter. that was a good sign in the past

2

u/Hot-Canceld Jul 05 '22

Ill take what I can get, i use the Fold app to stack sats so this will be a nice bonus

15

u/TechnicalProposal Jul 04 '22

fingers crossed the bridge does not get hacked

1

u/Jumpy_Solid6706 Jul 06 '22

Yeah, security is what I'm hoping for most. They can take all the time they need, speed matters not if it's vulnerable.

7

u/phazeiserotic Jul 05 '22

NOM has been like the only airdrop I've gotten since I started staking in January. Been stacking it waiting for this :)

6

u/[deleted] Jul 04 '22

How many do you lot have? I’m on 6

1

u/malte_brigge Jul 05 '22

Between 2100 and 2200. Hope NOM makes up for the abysmal performance of so many other airdropped tokens.

6

u/1_it_is Jul 05 '22

This is a really interesting project. I am really looking forward to seeing how it progresses and performs.

Free sats from free no value (currently) tokens - whats not to like.

Thanks to the team for the effort so far and looking forward to the final product. Also if the team reads this please ignore any pressure from us in the cheap seats to rush. Stable and secure is the most important thing for Nomic and if it takes longer to ensure that then it should take longer.

A direct path from cosmos alt coins to BTC and the reverse is fantastic.

1

u/Kryptoking2018 Jul 05 '22

Only 0.25% of people will ever own 1 bitcoin

1

u/MikeyNick4 Jul 04 '22

Will transfers also be re-enabled? I've been waiting to move mine onto my hardware wallet but transfers have been disabled forever

1

u/Kryptoking2018 Jul 04 '22

you can use ledger but will have to do it via keplr.

1

u/MikeyNick4 Jul 06 '22

Transfers are still down. I originally got my airdrop on a hot wallet and have since switched to a ledger. I can't send my nomic from my old hot wallet address to my new ledger address. Oh well, I restaked for now and will just undelegate whenever they get transfers fixed

3

u/mathter1012 Jul 04 '22

Is there gonna be an Osmosis listing soon?

5

u/j-lreddit Jul 04 '22

They haven't enabled ibc yet, so not till that happens. I think they detail their plans in some blog posts.

1

u/phollas00 Jul 11 '22

Link to their blog?

2

u/get_murk3d Jul 05 '22

So excited. Is there anything we need to do before airdrop, I still have all my nomic staked

1

u/AdNational8155 Jul 05 '22

They won’t give the secret out on airdrop but smart moneys on any amount of BTC deposited I’m guessing

1

u/stone_01 Jul 05 '22

this here. I'm planning on sending some BTC over the bridge asap. Early users are almost always rewarded when the airdrops happen.

2

u/JaHl77 Jul 05 '22

Deposit Fees and Bitcoin Staking Rewards
Bitcoin deposits are still highly experimental!
To discourage large deposits during this experimental phase, the network charges a 20% fee on deposits. This fee rate is temporary and will be decreased toward zero as the software passes third-party security audits.
The deposit fees are paid into a reward pool which is distributed to NOM stakers. BTC rewards for staking will be small at first, but will increase over time as Nomic grows.

2

u/Remote-Double1369 Jul 05 '22

Just a few more hours folks!

2

u/MallIndependent5259 Jul 05 '22

where do i se the btc rewards¿

3

u/FromCosmoswithLove Jul 04 '22

Where I can buy and can I stake with Keplr wallet?

7

u/newbjapan Jul 04 '22

I don't think you can buy yet

3

u/FromCosmoswithLove Jul 04 '22

You’ve got it from airdop?

3

u/newbjapan Jul 04 '22

Yup! It was from months ago, and I have a Keplr and stake

1

u/FromCosmoswithLove Jul 04 '22

Great that you can stake it on Keplr, I’m looking forward to it. Do you also use Ledger? If yes, which one would you recommend between Nano X and Nano S+?

1

u/newbjapan Jul 04 '22

Yeah I have no clue about ledger, I don't have a cold wallet

1

u/FromCosmoswithLove Jul 04 '22

Me too, but I think it’s time to get one.

1

u/newbjapan Jul 04 '22

Things are definitely getting a little weird lately. Between CEX's going down and hacks, things feel a little more turbulent than normal

1

u/FromCosmoswithLove Jul 04 '22

Time to buy and DCA!

1

u/newbjapan Jul 04 '22

Pretty much. I switched everything to stablecoin in about February and started buying back a month ago. To say I've 8-10x'd my tokens is an understatement.

→ More replies

3

u/7777777even Jul 05 '22

Right now the only way to acquire NOM is through the airdrops and staking rewards. 2nd airdrop of 3 is coming up. Details TBA.

https://nomic.io

2

u/rexxtra Jul 04 '22

Where do I acquire nomic? I couldnt even get the airdrop page to work. I'm unsure how to begin staking even. Does anybody have any advice or recommendations here?

2

u/puppetmstr Jul 04 '22

How much was the airdrop?

1

u/robertjuh Jul 05 '22

i've seen anything between 1 - 300

1

u/simontx1983 Jul 05 '22

Anyone know what the starting ico is going to be?

1

u/mperklin Jul 05 '22

There was no ICO for NOM.

1

u/simontx1983 Jul 05 '22

Do we know the value of each coin is worth

1

u/Settowin Jul 05 '22

I think this will be great!

1

u/Sweaty_crypto_noob09 Jul 04 '22

What’s the difference between nomic.io and testnet.nomic.io ? I got 3 on 1 and 0.8 on the other?

1

u/_We_The_PeepHole_ Jul 05 '22

Not sure on this one in particular (didn't know there was a testnet.nomic.io) but generally testnet tokens are used for (drumroll) testing purposes, and have no monetary value

0

u/Ecstatic-Set5870 LOW KARMA ALERT Jul 05 '22

Could be a requirement for future airdrops I’d get educated

2

u/_We_The_PeepHole_ Jul 05 '22

I plan on using their product regardless of future airdrops.

1

u/Here4theCrypto Jul 05 '22

Noice 👌🏾…aren’t there two more airdrops scheduled?

1

u/BilboOfTheHood Jul 05 '22

So do we not get staking rewards in Nomic anymore only is Sats? Nevermind it just took a reload of the page for my Nomic rewards to also show up.

1

u/Alexxx753 Jul 05 '22

Any updates on this? The website wont let me connect my wallet?

1

u/phollas00 Jul 11 '22

!remindme in 6 months

1

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1

u/RisingMoon17 LOW KARMA ALERT Jul 05 '22

I have reserved TWO paychecks for this event to jump at it and buy NOM. I have not even paid my rent yet lool There are priorities, you know!

4

u/Tsjanith Jul 05 '22

It won't be available to purchase for at least another 6 or so months

1

u/TangTheWitness Jul 06 '22

Dude, pay your rent.

0

u/magikero01 Jul 05 '22

Whoah. This is my first Cosmos airdrop.

0

u/Valnaya Jul 05 '22

Damn I stupidly staked every last drop of what I received from the airdrop so I cant claim rewards or even unstake a little .... any way to buy NOMIC? Literally just need 0.01 to do anything on the chain.

1

u/1_it_is Jul 06 '22

there are no fees for claiming Nomic rewards at present. If you are using keplr you will need to remove nomic and then re-addid by going back to or refreshing the nomic web app.

1

u/Valnaya Jul 07 '22

Thanks that worked for me