Topic: [ANN] [BARAK] Occupy Banks Coins (Israel) - page 2. (Read 5333 times)
dev, what time the official launch, set the countdown and update detailed information, thank you!
the image can be more clear or professional ?
dev~
dev~
what language is it ? or another IPO in foreign language 
Its time for training yiddish? 
You must be really bored with all these low-quality releases.
>series
Edit: Oh well, at least its not another volume draining ICO.
Edit: Oh well, at least its not another volume draining ICO.
BARAK COIN
of
OCCUPY BANKS COINS
of
OCCUPY BANKS COINS
OCCUPY BANKS COINS is an alternative credit system in which individuals and organizations can issue coins created as self-credit to support their activity.
While regular banks hold a monopoly on credit production, given to them by the power of our states,
the OCCUPY BANKS COINS is going to be the first bank of its kind to issue self-credit, employ free market mechanism built on opens-source code, make loans free of interest charge, and run as a decentralized organisation
While regular banks hold a monopoly on credit production, given to them by the power of our states,
the OCCUPY BANKS COINS is going to be the first bank of its kind to issue self-credit, employ free market mechanism built on opens-source code, make loans free of interest charge, and run as a decentralized organisation
The goal of OCCUPY BANKS COINS is to provide self-credit issuers, with coin services and management, and become the social network which back these coins. Also to serve as a live functioning model of an alternative to the abusive bank system practices.
The first coin BARAK COIN is issued to credit the activists participating in the activities initiated by Barak Cohen. Barak is an Israeli lawyer and a hard line activist in the 'Occupy' ecosystem. He lead the foundation of an activist group which targeting major banks CEOs, challenging them to take personal responsibility on behalf of the injustice caused under their leadership by their bank's actions.
The controversial actions got the attention of the media and eventually the shareholders who just recently filed a lawsuit against the Leumi Bank and it's directors .
http://www.forbes.com/sites/robertwood/2014/12/29/in-400m-bank-leumi-tax-evasion-settlement-who-was-willful/
http://www.reuters.com/article/2015/01/25/us-bank-leumi-lawsuit-idUSKBN0KY0IH20150125
The group https://www.facebook.com/fightbank?pnref=story which have been very active and effective in the past few months has launched a crowed funding campaign on the Israeli crowed funding platform, Mimoona https://www.mimoona.co.il/Projects/2583
The BARAK COIN campaign is going to tie directly into the fundraising campaign as well as to the activists actions.
The coin will be the first use case demonstrating a direct link between services rendered and a currency which represent the community interest.
As describe below, all coins will get into circulation only as a payment on work, services or products which benefit the Coin-community's goals.
http://www.forbes.com/sites/robertwood/2014/12/29/in-400m-bank-leumi-tax-evasion-settlement-who-was-willful/
http://www.reuters.com/article/2015/01/25/us-bank-leumi-lawsuit-idUSKBN0KY0IH20150125
The group https://www.facebook.com/fightbank?pnref=story which have been very active and effective in the past few months has launched a crowed funding campaign on the Israeli crowed funding platform, Mimoona https://www.mimoona.co.il/Projects/2583
The BARAK COIN campaign is going to tie directly into the fundraising campaign as well as to the activists actions.
The coin will be the first use case demonstrating a direct link between services rendered and a currency which represent the community interest.
As describe below, all coins will get into circulation only as a payment on work, services or products which benefit the Coin-community's goals.
IMPLEMENTATION STEPS OF BARAK COIN
A chosen board of trustee will hold a multisig wallet of the coins. All coins will enter the market only as a reword payed on investment into the" occupy" ecosystem:
1 Fiat donations through the crowed funding channel of Mimoona will be reworded with BARAK COIN.
2 Activists will be reworded on their activity with BARAK COIN.
3 Any direct product donations will be reworded with BARAK COIN.
4 Anyone working with in the ecosystem, in marketing and implantation will be reworded in BARAK COIN.
]1 Fiat donations through the crowed funding channel of Mimoona will be reworded with BARAK COIN.
2 Activists will be reworded on their activity with BARAK COIN.
3 Any direct product donations will be reworded with BARAK COIN.
4 Anyone working with in the ecosystem, in marketing and implantation will be reworded in BARAK COIN.
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