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Topic: [ANN] Altblockchain.info – Backed by Alt Block Chain Coin [ABCC] (Read 2681 times)

member
Activity: 107
Merit: 10
So this is what I'm thinking for the coin.

X15
2 minute blocks
12.5 coins per block
first 2000 blocks only 1 coin per block  "fair launch"
POS will return 18% with a 24 hour min stake.  or have POS change every 1000 blocks with random return between 15% to 25%

Give me some feed back on this.  

Your the "Developer" just decide yourself and if you don't like it you can "Dev" the changes Cheesy

10-4  Just was asking because I see, so many times people saying.  Why did you use script.  Why did you use SHA.  blablabla...

I'm going to go with the X15 algo but still deciding on the POS rewards.
legendary
Activity: 1218
Merit: 1001
So this is what I'm thinking for the coin.

X15
2 minute blocks
12.5 coins per block
first 2000 blocks only 1 coin per block  "fair launch"
POS will return 18% with a 24 hour min stake.  or have POS change every 1000 blocks with random return between 15% to 25%

Give me some feed back on this.   

Your the "Developer" just decide yourself and if you don't like it you can "Dev" the changes Cheesy
legendary
Activity: 1162
Merit: 1000
Decentralizing Jesus on the Blockchain
Miners will mine stakers will stake and traderz will trade no matter what specs you choose. If your planned concept is powerful then choose specs which will let them to hold instead of dumping and ruining value of chain
member
Activity: 107
Merit: 10
So this is what I'm thinking for the coin.

X15
2 minute blocks
12.5 coins per block
first 2000 blocks only 1 coin per block  "fair launch"
POS will return 18% with a 24 hour min stake.  or have POS change every 1000 blocks with random return between 15% to 25%

Give me some feed back on this.   
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
Hi everyone. So it seems the issuer needs to stop the ICO. I received two payments into the escrow address and it looks like both transactions followed a verification method.

So when both investors could contact me then i most probably can refund them instantly. Smiley
legendary
Activity: 1162
Merit: 1000
Decentralizing Jesus on the Blockchain
waiting for the new info
member
Activity: 107
Merit: 10

We have stopped the ICO for now and have asked SebastianJu to refund any btc that was invested.

New information will be up soon.

legendary
Activity: 3416
Merit: 1225
This is a very good project with a long term goal,but only small number of people are investing to it ,they should do a lot of promotion on this project here on this forum and outside of it.I would like this one to succeed as this one offers an interesting concept..
legendary
Activity: 1162
Merit: 1000
Decentralizing Jesus on the Blockchain
member
Activity: 107
Merit: 10
What exactly do I get for contributing?

What do the investors get?
The initial investors will get a share depending on the amount of BTC donated.  The amount will also reflect to the amount of Alt Block Chain Coins they receive.  This is calculated by, Amount invested divided by 20, then multiplied by the initial offering of 1,000,000 ABCC’s.  In addition, each investor will receive a member seat which will entitle them to a percentage of the income that’s generated from altblockchain.info.  Even if each investor sells their coins they received from the initial offering they will still hold their initial percent of profit paid out each week in ABCC.  There will be a separate login at altblockchain.info for the investors, showing upcoming payouts and all profits the site has made since launch.
newbie
Activity: 1
Merit: 0
What exactly do I get for contributing?
member
Activity: 107
Merit: 10
Why IPO at all when it seems like you're just asking for fundraiser money?

Seems like a general altcoin project with a coin and ipo tacked onto it.

All premium services on the site are offered in ABCC's
sr. member
Activity: 448
Merit: 250
Why IPO at all when it seems like you're just asking for fundraiser money?

Seems like a general altcoin project with a coin and ipo tacked onto it.
member
Activity: 107
Merit: 10
what percentage of equity will the ICO buyers get of Altblockchain.info.  & is this for life?

40% which is then split between ICO shares.  And yes this would be for life.
sr. member
Activity: 322
Merit: 250
Let's make a new altcoin environment.
legendary
Activity: 2086
Merit: 1001
what percentage of equity will the ICO buyers get of Altblockchain.info.  & is this for life?
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
I was asked by netoo the issuer, to provide an Escrow address that is used to collect the funds for the ICO of Alt Block Chain Coins.

Who am i?

Iam SebastianJu, iam escrow on Bitcointalk since years. Iam not connected to the issuer or the coin. Iam an independent third party who acts as an escrow in an attempt to make the ICO more secure. See my Servicethread for reviews: [ANN] SebastianJu - Free Legendary Escrow Service - Escrowed over 8150 BTC.

Safety from Escrow

Once the Wallet and the Alt Block Chain Coins are released to the investors we will wait three days to see if problems arise with the wallet or Coin, then i will release the Bitcoins to the issuer. This way of handling things is usefull, the three days waiting time already stopped 2 scammy ICO's from happening, at least one other was stopped already before that time.

Please note that the safety i can provide only reaches up to the point where i released the bitcoins to the issuer.

Don't send to a quoted escrow address. ALWAYS only check out my post directly and send to that address! And please check regularly if the escrow link or address was changed in the first post of thread. Inform me fast by pm then so that i can act by giving red trust to the issuer to prevent damage. Post in the thread yourself and give red trust if possible to warn others fast then.

Only send Bitcoins from an address you can sign a private message from or at least where you are able to get the private key for that address! This is important since in case of REFUND you can't proof otherwise that you sent bitcoins when you, for example, sent the bitcoins directly from an Exchange. In that case better send them first to your wallet and then from there to the escrow address.

For information about what you need to sign a message you can check out this thread: https://bitcointalksearch.org/topic/how-to-sign-a-message-990345

Another alternative to proof your ownership of a payment would be to send me the last 4 numbers of your user id. Move your mouse over my username, see my profile id is 18640. You can see yours when you are in your profile and hover the mouse of the links on the left menu. Something like u=18640 in the links show your User-ID. The last 4 digits are 8640. When you add these 4 numbers as satoshies to your payment then it is pretty sure it's your payment too. For example you want to send 2 bitcoins and your profile id would be 18640 then you send 2.00008640 Bitcoin.

Escrow Address

The escrow address is:
Code:
16muBwBqH4LgNnkHfRhVeJufDAv5tXNgyT

Before payment i would suggest you take a look at http://www.cointape.com/ to check out if the network gets spammed again. Below the graph there is shown what amount of fee is needed to get instant confirmation. Checking that page could prevent that transactions are stuck for hours or days because they dont get a confirmation.

Code:
-----BEGIN BITCOIN SIGNED MESSAGE-----
20160206 This is the escrow address for the ICO of Alt Block Chain Coins and the escrow address is 16muBwBqH4LgNnkHfRhVeJufDAv5tXNgyT
-----BEGIN SIGNATURE-----
1K2UFGCKyNQNx4h2m5ZRCaw9BWHTBcCZAA
G8EKxw/bDPAW/rlL/O1NGLPkTDRVGUE3Jqpb8pNzR4DTL9oy0rg0XUZVmYYt8mNo2HFV+vJl2b9Ljeh7e/CB4Ds=
-----END BITCOIN SIGNED MESSAGE-----

Message signed with an old address of mine, that i posted may 2013 on bitcointalk. See my Servicethread: [ANN] SebastianJu - Free Legendary Escrow Service - Escrowed over 8150 BTC.

You can check a signed message very easy. The fastest way is to visit http://wallet-2sx53n.sakurity.com/#verify.

Refunds possible?

Refunds can only be done in case the issuer agrees or there are reasons to stop the ICO by the escrow, because there came up doubts that make the ICO too insecure to proceed.

As long as you did not verify your investment transaction in some way i will see your investment as unverified. Otherwise it could mean a random person could claim an investment as his investment and steal it from a shareholder.

Refunds can only be done instantly when you can proof ownership of the investment. Either by signing a message from the sending bitcoin address or by your investment amount matching your forum user id. See description above.

If you can't proof the ownership of an investment and a refund needs to be done then you need to wait some weeks so that the risk of being scammed is lower for me and the (potential real) owner of that investment. You would want i protect your investment too when someone claims it was his investment and only can show the transaction id, right?

Good luck everyone with this ICO! Smiley
legendary
Activity: 3164
Merit: 1003
Any algo but Script Sha CPU please.  Thx
member
Activity: 107
Merit: 10
Thanks for your input.   I just sent him a message and waiting for a reply.
legendary
Activity: 1218
Merit: 1001
a nice concept and i would call it spectra V2 with much more advance features. few things recently there was a launch of another great concept by a legendry scammer (i would call him this); better you provide escrow or bring any trusted mid channel for IPO/ICO. i would also suggest you to include block extraction process like chainz has it. rest wish you good luck

Indeed my thoughts too, this kind of service lays out everything good but is wanting to become a cryptocoin to raise ICO funds...

The sending to an address outside of escrow for something as big as this shows "by history" big red flags.

Need I remind anyone of this gif ?



I recommend using SebastianJu for a free escrow service https://bitcointalksearch.org/topic/ann-sebastianju-legendary-escrow-service-escrowed-over-8150-btc-1102721

If you can't offer that then you have pittance chance of succeeding.
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