Topic: Analysis of Bitleu [BTL] (available on Bittrex) – Real Projects (Read 889 times)
No comments? I guess no one is interested in this coin.
Sources of information:
Main website: http://bitleu.org/
Coin Thread: https://bitcointalksearch.org/topic/annbtl-bitleu-romanian-investment-cryptocurrency-asic-multipool-proof-510353
Projects:
Mahogany trees - http://bitenergi.com/ https://angel.co/bitenergi-ltd
Housing - http://www.austrocasa.ro/
BitLeu will be part of txtCOINSnow (http://www.txtcoinsnow.com/) mobile cryptocurrency payment gateway starting from July 2014.
Twitter: https://twitter.com/BitLeu
Facebook: https://www.facebook.com/BitLeu
Bittrex: https://bittrex.com/Market/?MarketName=BTC-BTL
Key Members:
Teodor Miroslav Muntean (Teodor M M) http://www.linkedin.com/in/capitalaccent
Daniel George Crall (Lumberinvestments) http://www.rockethub.com/profiles/186436-daniel-george-crall
Bogdan Muntean http://www.linkedin.com/in/bogdanmuntean
BTL-Master https://bitcointalksearch.org/user/btl-master-266353
Crocko https://bitcointalksearch.org/user/crocko-149504
Others: https://bitenergi.com/the-team/
Bitleu Foundation
The Foundation will have its own by-laws and it will invest Bitleu in real-life investment projects, located in Romania and in other countries. Foundation members will be able to vote on decisions pertaining to each project.
The business projects developed through the legally registered company in the UK, BitEnergi Ltd.(http://wck2.companieshouse.gov.uk/ Company Number 08369482), will be transparent to its investors and all the profits from these projects will be returned to private or crowd investors, depending on the constitution of that business organization. Every member involved in a project will be able to actively participate with ideas and physical work in order to succeed with the project.
Through legal crowdfunding platforms any person living in European Union will be able to invest BTL in order to become shareholder in the BitEnergi UK Company.
http://www.bitenergi.com
Github: https://github.com/bitleu/bitleu
Mac Wallet: https://github.com/testzcrypto/bitleu/releases/download/1.1.2/Bitleu-1.1.2-macosx.dmg
Block Explorer: http://explorer.bitleu.com
Official Pool with 0 % Fee: http://btl.crypto-coinz.com
Specifications
Block Time: 60 Seconds
Confirmations: 30
Transaction Confirmations: 5
Port: 22641
RPCPort: 22640
Bitleu uses Scrypt-Jane library mining with Proof of Work having a variable N factor.
Coins in circulation: 18,669,373 as of block 124678 June 4, 2014
Block reward after block 125,000: 25 coins (approximately 36,000 coins mined per day)
188 years before completely mined out.
Premine: 2.5 billion coins (Currently 99.99% of the total coins in existence)
Premine addresses: ?
Premine distribution:
2.4 billion coins will be distributed incrementally throughout the years to average Romanian citizens, businesses, and people involved in the coin development.
Phase 1 - Business adoption of BTL as method of payment - Romanian entrepreneurs can claim a portion of the premined coins. However, only companies that present viable projects powered by BTL will receive the funds. Each company must present owner’s ID and a registration or tax code as a proof of business. The Foundation plans to distribute an incentive of 50,000 BTL to any business that has successfully implemented BTL as a payment method, limited to the first 10 businesses. See main Bitleu thread for details.
Phase 2 - Romanian citizens - The coins will be distributed via their national ID number as proof of identity to receive coins each year, making sure that the coin will have widespread distribution. A database will be created for this purpose and the Foundation will play its role in making sure the distribution is fair and there will be no people receiving the same amount of money twice. 100 BTL will be distributed to each Romanian citizen who is able to present identification to the satisfaction of the system, for up to 10 million people (about 75% of Romanians of legal age). This action will be done through a secure online platform, with similar identification system as payment processors or banks are using today. Phase 2 will be divided into few stages, by the end of which unclaimed BTL will be made available to more people. This is of course the most important component for the launch of BTL, and this will be performed by the Foundation. BTL coins remaining after Phase 2 will go into the BitLeu Foundation's Fund.
Development Team - The rewards and perks will be of minimum 1000BTL up to 500,000BTL depending on the contribution made to grow the coin by a person or a community.
An amount (how much is not indicated) of premined coins will be allocated to the creator of the coin and to the primary development team, as follows:
- The development of the coin itself: rewards, marketing and advertisements, coding/applications, lawyer consultation for the next steps following the launch.
- The startup and development of the ecological and energy investment projects.
- Any other things pertaining to the development of BitLeu currency.
- Operational costs – this includes rewards and crowdfunding perks for community members who will help the BTL with equipment, servers, development and maintenance of BTL, the BTL Fund operations and so on.
Some bounties:
BTL Stick (Trezor): 1,000,000 BTL reward for the creator of a stick for BTL cold storage
Paper Wallet: 400,000 BTL reward for the programmer
Trading Platform: 400,000 BTL reward for the programmer
Pool: 100,000 BTL reward for the programmer
Campaigns: 20,000 BTL for online campaign leaders
Youtube Video: Minimum 1 min 30 sec - maximum 4 min = 10,000 BTL each
Faucets: 20,000 for clean, without pop-ups, faucets holders
Phase 3 - The BitLeu Fund (100 million BTL will go to BitLeu Foundation's fund for operational costs – development and maintenance. The Foundation can only pay its employees with BTL. It cannot sell them to pay its employees with other currencies. The Foundation will maintain an open ledger for all its transactions.)
A. BTLBC - BitLeu Business Credit - This BitLeu Fund will be responsible for the BitLeu Delivery to the Companies that have a sustainable business plan, powered by BTL.
B. BTLIF - BitLeu Investment Fund - This fund will invest in Romanian startups, and also will donate to charity and support projects that promote BTL. They will work with a lawyer to open our own Registry of Commerce and all startup businesses powered by BitLeu Investment Fund and BitLeu Business Credit will be recorded in this registry.
C. BTLRF - BitLeu Retirement Fund
Main website: http://bitleu.org/
Coin Thread: https://bitcointalksearch.org/topic/annbtl-bitleu-romanian-investment-cryptocurrency-asic-multipool-proof-510353
Projects:
Mahogany trees - http://bitenergi.com/ https://angel.co/bitenergi-ltd
Housing - http://www.austrocasa.ro/
BitLeu will be part of txtCOINSnow (http://www.txtcoinsnow.com/) mobile cryptocurrency payment gateway starting from July 2014.
Twitter: https://twitter.com/BitLeu
Facebook: https://www.facebook.com/BitLeu
Bittrex: https://bittrex.com/Market/?MarketName=BTC-BTL
Key Members:
Teodor Miroslav Muntean (Teodor M M) http://www.linkedin.com/in/capitalaccent
Daniel George Crall (Lumberinvestments) http://www.rockethub.com/profiles/186436-daniel-george-crall
Bogdan Muntean http://www.linkedin.com/in/bogdanmuntean
BTL-Master https://bitcointalksearch.org/user/btl-master-266353
Crocko https://bitcointalksearch.org/user/crocko-149504
Others: https://bitenergi.com/the-team/
Bitleu Foundation
The Foundation will have its own by-laws and it will invest Bitleu in real-life investment projects, located in Romania and in other countries. Foundation members will be able to vote on decisions pertaining to each project.
The business projects developed through the legally registered company in the UK, BitEnergi Ltd.(http://wck2.companieshouse.gov.uk/ Company Number 08369482), will be transparent to its investors and all the profits from these projects will be returned to private or crowd investors, depending on the constitution of that business organization. Every member involved in a project will be able to actively participate with ideas and physical work in order to succeed with the project.
Through legal crowdfunding platforms any person living in European Union will be able to invest BTL in order to become shareholder in the BitEnergi UK Company.
http://www.bitenergi.com
Github: https://github.com/bitleu/bitleu
Mac Wallet: https://github.com/testzcrypto/bitleu/releases/download/1.1.2/Bitleu-1.1.2-macosx.dmg
Block Explorer: http://explorer.bitleu.com
Official Pool with 0 % Fee: http://btl.crypto-coinz.com
Specifications
Block Time: 60 Seconds
Confirmations: 30
Transaction Confirmations: 5
Port: 22641
RPCPort: 22640
Bitleu uses Scrypt-Jane library mining with Proof of Work having a variable N factor.
Coins in circulation: 18,669,373 as of block 124678 June 4, 2014
Block reward after block 125,000: 25 coins (approximately 36,000 coins mined per day)
188 years before completely mined out.
Premine: 2.5 billion coins (Currently 99.99% of the total coins in existence)
Premine addresses: ?
Premine distribution:
2.4 billion coins will be distributed incrementally throughout the years to average Romanian citizens, businesses, and people involved in the coin development.
Phase 1 - Business adoption of BTL as method of payment - Romanian entrepreneurs can claim a portion of the premined coins. However, only companies that present viable projects powered by BTL will receive the funds. Each company must present owner’s ID and a registration or tax code as a proof of business. The Foundation plans to distribute an incentive of 50,000 BTL to any business that has successfully implemented BTL as a payment method, limited to the first 10 businesses. See main Bitleu thread for details.
Phase 2 - Romanian citizens - The coins will be distributed via their national ID number as proof of identity to receive coins each year, making sure that the coin will have widespread distribution. A database will be created for this purpose and the Foundation will play its role in making sure the distribution is fair and there will be no people receiving the same amount of money twice. 100 BTL will be distributed to each Romanian citizen who is able to present identification to the satisfaction of the system, for up to 10 million people (about 75% of Romanians of legal age). This action will be done through a secure online platform, with similar identification system as payment processors or banks are using today. Phase 2 will be divided into few stages, by the end of which unclaimed BTL will be made available to more people. This is of course the most important component for the launch of BTL, and this will be performed by the Foundation. BTL coins remaining after Phase 2 will go into the BitLeu Foundation's Fund.
Development Team - The rewards and perks will be of minimum 1000BTL up to 500,000BTL depending on the contribution made to grow the coin by a person or a community.
An amount (how much is not indicated) of premined coins will be allocated to the creator of the coin and to the primary development team, as follows:
- The development of the coin itself: rewards, marketing and advertisements, coding/applications, lawyer consultation for the next steps following the launch.
- The startup and development of the ecological and energy investment projects.
- Any other things pertaining to the development of BitLeu currency.
- Operational costs – this includes rewards and crowdfunding perks for community members who will help the BTL with equipment, servers, development and maintenance of BTL, the BTL Fund operations and so on.
Some bounties:
BTL Stick (Trezor): 1,000,000 BTL reward for the creator of a stick for BTL cold storage
Paper Wallet: 400,000 BTL reward for the programmer
Trading Platform: 400,000 BTL reward for the programmer
Pool: 100,000 BTL reward for the programmer
Campaigns: 20,000 BTL for online campaign leaders
Youtube Video: Minimum 1 min 30 sec - maximum 4 min = 10,000 BTL each
Faucets: 20,000 for clean, without pop-ups, faucets holders
Phase 3 - The BitLeu Fund (100 million BTL will go to BitLeu Foundation's fund for operational costs – development and maintenance. The Foundation can only pay its employees with BTL. It cannot sell them to pay its employees with other currencies. The Foundation will maintain an open ledger for all its transactions.)
A. BTLBC - BitLeu Business Credit - This BitLeu Fund will be responsible for the BitLeu Delivery to the Companies that have a sustainable business plan, powered by BTL.
B. BTLIF - BitLeu Investment Fund - This fund will invest in Romanian startups, and also will donate to charity and support projects that promote BTL. They will work with a lawyer to open our own Registry of Commerce and all startup businesses powered by BitLeu Investment Fund and BitLeu Business Credit will be recorded in this registry.
C. BTLRF - BitLeu Retirement Fund
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