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Topic: 6 Bitcoins & 2 Ounces of fine Gold in Bounty – Submission Deadline 31st August - page 5. (Read 11861 times)

full member
Activity: 238
Merit: 100
Physical Digital Currency
Hi. World Cup 2014 Brasil Version



Nice idea! Thank you very much for your submission
sr. member
Activity: 396
Merit: 258
Hi. World Cup 2014 Brasil Version

full member
Activity: 238
Merit: 100
Physical Digital Currency
Can the design be handrawn

Of course.  You can submit the design in any format you like

Thank you
sr. member
Activity: 406
Merit: 257
BINGO! BOUNTY MANAGEMENT
full member
Activity: 238
Merit: 100
Physical Digital Currency
Press release about this competition will be submitted tomorrow

Thank you
full member
Activity: 238
Merit: 100
Physical Digital Currency
Nice box...I recommend you go with that supplier for all your future boxes to give a standardised feel to them. Also rules out another variable in the design process so your another step closer to a final product.

We will be using this supplier for all our boxes from this point on - very happy
hero member
Activity: 810
Merit: 1000
Nice box...I recommend you go with that supplier for all your future boxes to give a standardised feel to them. Also rules out another variable in the design process so your another step closer to a final product.
full member
Activity: 238
Merit: 100
Physical Digital Currency
Sorry for hijacking my own thread but we have just received the proto-type of our solid oak box for the 25 LTC coin.  We have just approved this proto-type and all 500 boxes will be with us in around 3 weeks.  The box is hand made in England. I think it looks amazing.  Thought you might all like to see some pictures Smiley.  In the back will be a booklet about the coin, the design and litecoin in general.  The certificate of authenticity will also be there.  Again i apologize but i simply had to share.  Enjoy!








full member
Activity: 238
Merit: 100
Physical Digital Currency
are public key, address, or private key
supposed to be on the coin? 

the private key will be under the hologram on the reverse of the coin.  If you choose to in your design you can put the public wallet address directly on the coin.  We would have to get those hand engraved.  Entirely up to you.  Be as creative as you like

Thank you
full member
Activity: 238
Merit: 100
Physical Digital Currency
Going on holiday tomorrow, so I haven't been able to spend much time on it like I usually would.
I guess some of you guys might get the general gist.



That's meant to be a fingerprint, still not fixed yet. I may or may not be able to finish this until near the deadline.

Thank you for your submission.  Looking forward to seeing the finished final version Smiley
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
I think escrow would be a good idea.

Also, another question:  are public key, address, or private key
supposed to be on the coin? 
full member
Activity: 299
Merit: 100
Going on holiday tomorrow, so I haven't been able to spend much time on it like I usually would.
I guess some of you guys might get the general gist.



That's meant to be a fingerprint, still not fixed yet. I may or may not be able to finish this until near the deadline.
full member
Activity: 238
Merit: 100
Physical Digital Currency
Guess I will start things off with my design:



Thank you for your submission Wink
newbie
Activity: 9
Merit: 0
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
I would like to suggest the following given past bounties that were never paid by previous contests (i.e. Coinhoarder's Bitcoin design contest):

Send the 6 Bitcoins to an escrow so entrants are assured they (the winners) will receive the prize

I believe you have sent bounty monies to moderators on the Litecointalk forum for your previous contests. You should do the same here. Use an escrow person like say user/moderator Saltyspitoon who (last time I checked) did not charge any escrow fees.

Good luck to all of the entrants!

We are more then happy to send the coins into escrow if the community feel its necessary.  It does create a small problem for us though...  

The first place prize is for a fully loaded coin and not the BTC directly.  If we sent the 5 BTC into escrow then it is not where it should be (on the coin).  We as a company feel that we have already done more then enough to establish our trust.  We have paid 100's of Litecoin in bounty (as you know) for our many contests on Litecointalk.  We have many people within the community who will also vouch for us.  We have always paid every single bounty or service provider we have ever used.

That being said if the community would prefer the BTC in escrow, then it is no problem for us.  I guess the 5btc could be sent to the coin address once it is received by the winner.  From our point of view as long as we can verify the 5 BTC is put onto the verified assembled coin then there would be no issue for us.

We are genuine registered company in the UK with a fixed office address.  We would also be more then willing to meet any bitcointalk member at our offices for any verification the community feel is necessary.  We are in this business for the long term and have no interest in ruining our reputation by not paying a competition bounty.  We have already invested a huge amount of money into the company - Thank you



The coin funding can easily be done by either the escrowing party or they can return the funds to you for you to personally fund the coin. There shouldn't be a problem on that front. If escrow ends up being used this should be part of the terms of them holding the bounty (where the coins will end up ultimately).
full member
Activity: 238
Merit: 100
Physical Digital Currency
Great product line concept!

I am looking forward to putting my product engineering hat on and jumping into some fun.

Questions;

1. Do you requrie a costing estimate to manufacture the coin? e.g. are we restricted to machining, forging, 3d prinitng / sintering?

2. Do you need a list of material used for the case? e.g. injection molding, vacum formed plastic, suede felt, etc...

3. Do you require a costing estimate for the boxing material? e.g. platinium case is luxurious yet not commercially viable...

4. Do you have a target cost for manufacturing the coin?

5. Do you have a target cost for manufacturing the case?

Regards,

Cranky - An Engineering


Thank you for your questions;

1. We do not require a costing estimate to manufacture the coin.  You have no restrictions in your design.  We will source the appropriate suppliers from our existing lists

2. We do not need a list of materials for the case.  Feel free to design the case in any way you wish

3. We do not require a costing estimate for the boxing material.  Please use any material you like in your design.  If it is not commercially viable then we might choose to modify the material whilist keeping the same look/feel

4. We have no target cost at this stage.  We are purely interested in what the community would like to see in a physical representation of Bitcoin

5. As with point 4, we have no target costs as yet.  Purely interested in the design phase at this stage


Thank you
full member
Activity: 238
Merit: 100
Physical Digital Currency
I would like to suggest the following given past bounties that were never paid by previous contests (i.e. Coinhoarder's Bitcoin design contest):

Send the 6 Bitcoins to an escrow so entrants are assured they (the winners) will receive the prize

I believe you have sent bounty monies to moderators on the Litecointalk forum for your previous contests. You should do the same here. Use an escrow person like say user/moderator Saltyspitoon who (last time I checked) did not charge any escrow fees.

Good luck to all of the entrants!

We are more then happy to send the coins into escrow if the community feel its necessary.  It does create a small problem for us though...  

The first place prize is for a fully loaded coin and not the BTC directly.  If we sent the 5 BTC into escrow then it is not where it should be (on the coin).  We as a company feel that we have already done more then enough to establish our trust.  We have paid 100's of Litecoin in bounty (as you know) for our many contests on Litecointalk.  We have many people within the community who will also vouch for us.  We have always paid every single bounty or service provider we have ever used.

That being said if the community would prefer the BTC in escrow, then it is no problem for us.  I guess the 5btc could be sent to the coin address once it is received by the winner.  From our point of view as long as we can verify the 5 BTC is put onto the verified assembled coin then there would be no issue for us.

We are genuine registered company in the UK with a fixed office address.  We would also be more then willing to meet any bitcointalk member at our offices for any verification the community feel is necessary.  We are in this business for the long term and have no interest in ruining our reputation by not paying a competition bounty.  We have already invested a huge amount of money into the company - Thank you

hero member
Activity: 810
Merit: 1000
Great product line concept!

I am looking forward to putting my product engineering hat on and jumping into some fun.

Questions;

1. Do you requrie a costing estimate to manufacture the coin? e.g. are we restricted to machining, forging, 3d prinitng / sintering?

2. Do you need a list of material used for the case? e.g. injection molding, vacum formed plastic, suede felt, etc...

3. Do you require a costing estimate for the boxing material? e.g. platinium case is luxurious yet not commercially viable...

4. Do you have a target cost for manufacturing the coin?

5. Do you have a target cost for manufacturing the case?

Regards,

Cranky - An Engineering
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
I would like to suggest the following given past bounties that were never paid by previous contests (i.e. Coinhoarder's Bitcoin design contest):

Send the 6 Bitcoins to an escrow so entrants are assured they (the winners) will receive the prize

I believe you have sent bounty monies to moderators on the Litecointalk forum for your previous contests. You should do the same here. Use an escrow person like say user/moderator Saltyspitoon who (last time I checked) did not charge any escrow fees.

Good luck to all of the entrants!
full member
Activity: 238
Merit: 100
Physical Digital Currency
Whatever design you choose to use? make sure it's legal theirs laws on making coin that can be used as a currency make sure you read up on The laws about  these things? and also seek Professional Legal Advice about doing something like this. http://www.communitycurrencieslaw.org/currency-laws/

U.S. Code › Title 18 › Part I › Chapter 25 › § 489
18 U.S. Code § 489 - Making or possessing likeness of coins

Current through Pub. L. 113-121. (See Public Laws for the current Congress.)

Whoever, within the United States, makes or brings therein from any foreign country, or possesses with intent to sell, give away, or in any other manner uses the same, except under authority of the Secretary of the Treasury or other proper officer of the United States, any token, disk, or device in the likeness or similitude as to design, color, or the inscription thereon of any of the coins of the United States or of any foreign country issued as money, either under the authority of the United States or under the authority of any foreign government shall be fined under this title.


Thank you for the heads up but we are actually very aware of all these laws... 

As a company we are based within the UK so they don't apply to us.  We are also producing our coins as souvenirs and they will not to be used as "current money".

We will also not select any designs that bare a resemblance in design to any other current money in circulation.

Thank you
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