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Topic: [ANN] [0.9.1] Ozziecoin - Australia's first widely distributed digital coin - page 19. (Read 54738 times)

sr. member
Activity: 448
Merit: 250
It's like third aussie coin out there.

I only know about one other, one that tried IPO and had no plans to distribute?? Anyway I don't mind trying to claim a national coin seeing as I'm an Aussie, don't know any Ozzies though  Huh

Ozzie, ozzie, ozzie!
sr. member
Activity: 448
Merit: 250
Let your friends in Australia know about the launch and free 500 ozziecoins before the launch offer runs out.
sr. member
Activity: 448
Merit: 250
Compared to speculation Grin
Yeah, we hope people don't speculate on ozziecoins.  The intention here is to create a transactional currency.
member
Activity: 75
Merit: 10
Compared to speculation Grin
sr. member
Activity: 448
Merit: 250
I just read the stuff that people wrote about you.  Mate, funny you should judge us.  We're trying to do something positive for the Australian community by letting them try the Blockchain themselves and here you are ripping people off in a dodgy online casino.
sr. member
Activity: 448
Merit: 250
"This is junk mate" (from one aussie to another  Wink )

Why would you say that? Seems to me the biggest problem is getting digital coins into the community. Bitcoins users at 2 Million globally after 5 years seems pretty weak.

BTW, no offense, but how did you get all those negative trust ratings?
legendary
Activity: 1022
Merit: 1001
"This is junk mate" (from one aussie to another  Wink )
sr. member
Activity: 448
Merit: 250
By the way, we are registered for GST. There is no IPO or anything like that.  We are distributing ozziecoins as widely as possible in Australia, to get everyday Australians to tryout Blockchain technology for themselves.

We will be actively managing coin volatility via controlled coin issuances.  There will not be an unstructured dump of ozziecoins. More info on the site: ozziecoin.com

sr. member
Activity: 448
Merit: 250
Good news: On launch date we will allow the first 500 claimants to get their 500 ozziecoins for free.  i.e. We will waive the $3.30 charge.  

legendary
Activity: 1148
Merit: 1000
will translate it into chinese Smiley
sr. member
Activity: 448
Merit: 250
good luck! hope this would succeed.
Thanks. Link to us on twitter and facebook if you get the chance.  It'll help us build a community going forward.

https://twitter.com/ozziecoin

https://www.facebook.com/pages/Ozziecoin/276559535839381

newbie
Activity: 34
Merit: 0
good luck! hope this would succeed.
sr. member
Activity: 448
Merit: 250
Ozziecoin verifies claims via SMS, which costs money, as well as the engineering costs, server costs etc...

I'd like to gauge what people think constitutes a reasonable registration fee to make sure we are not too way off base.

We thought no one would care about $3.30 as that is the price of a cup of coffee or a middy in a cheap bar, but we could be wrong. 

So, let us know what you think.  Our primary objective is to promote the use of Blockchain technology in the wider Australian community via equitable widespread distribution.  We can do this by verifying Australian mobile phones.

I don't think we can ever afford to make it completely free, unfortunately.  However, it is possible you can starve us Devs and make us drink less coffee and beer. 

Thanks, guys.
sr. member
Activity: 448
Merit: 250

$3.30 doesn't seem unreasonable, Gloria Jeans charge $4.70 for a large flat white AND you have to finish making it yourself as they're too lazy to put a lid on.

Firing up a rig would cost considerably more than $3.30

Can you please explain what the $3.30 verification fee covers?

Yes. Covered here: http://ozziecoin.com/index.php/about (A nominal fee applies per verification check to cover the costs of software engineering, SMS, servers, ID checking and related expenses.)

But to my mind, it buys peace of mind that no one will be able to claim ozziecoins without a valid Australian mobile.

I hope people don't get too hung up about what is nowadays considered to be a cup of coffee or less than a middy (and hardly anyone drinks a middy).  Also, 500 ozziecoins represents 50% of available ozziecoins on a per person basis.  i.e. Max ozziecoins per person is somewhere near 1,000 OZC, 500 OZCs is 50% of that - all for the princely sum of $3.30.
sr. member
Activity: 406
Merit: 250
A $3.30 verification fee applies per claim.



SCAM
Before calling this a scam.  Did you buy a cup of coffee today?  What did that cost you?  

We have invested a lot of time and money into this.  We believe $3.30 is not an unreasonable cost compared to the cost of setting up a mining rig to mine 500 ozziecoins.  

Also, I think people shouldn't expect everything to be completely free.  There is a cost attached to maintaining our infrastructure.

If someone is not prepared to pay a $3.30 nominal fee to ensure fair allocation, we suggest they are more than welcome to set up a mining rig.

$3.30 doesn't seem unreasonable, Gloria Jeans charge $4.70 for a large flat white AND you have to finish making it yourself as they're too lazy to put a lid on.

Firing up a rig would cost considerably more than $3.30

Can you please explain what the $3.30 verification fee covers?
legendary
Activity: 1442
Merit: 1000
A $3.30 verification fee applies per claim.



SCAM
Before calling this a scam.  Did you buy a cup of coffee today?  What did that cost you?  

We have invested a lot of time and money into this.  We believe $3.30 is not an unreasonable cost compared to the cost of setting up a mining rig to mine 500 ozziecoins.  

Also, I think people shouldn't expect everything to be completely free.  There is a cost attached to maintaining our infrastructure.

If someone is not prepared to pay a $3.30 nominal fee to ensure fair allocation, we suggest they are more than welcome to set up a mining rig.

$3.30 doesn't seem unreasonable, Gloria Jeans charge $4.70 for a large flat white AND you have to finish making it yourself as they're too lazy to put a lid on.

Firing up a rig would cost considerably more than $3.30
sr. member
Activity: 448
Merit: 250
I reside in western Sydney so I'll join in the fun

I'm not a bogan though, don't have a mullet or even own a pair of thongs Grin
Awesome!  No mullet and thong.  hahaha.  Welcome aboard.
legendary
Activity: 1442
Merit: 1000
I reside in western Sydney so I'll join in the fun

I'm not a bogan though, don't have a mullet or even own a pair of thongs Grin
full member
Activity: 154
Merit: 100
Ozziecoin - Australia's first widely distributed digital coin
sr. member
Activity: 448
Merit: 250

So, that implies multiple rounds of claims? Or..?

Obviously we're not assuming the entire population of Australia will claim their allocation, so I'm trying to understand how you intend to ensure they are all allocated & given away in a fair manner?

Great questions.  We will distribute continuously from day one.  There will be no rounds. We require validation with an Australian mobile number to ensure fair allocation. 500 ozziecoins per mobile.  

We do hope that the entire population of Australia will eventually claim all their ozziecoins.  If this generation does not, there are future generations to consider.
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