Author

Topic: [ANN] BurnCoin: Burn Fiat. Make Coin! (Read 971 times)

newbie
Activity: 28
Merit: 8
member
Activity: 125
Merit: 10
September 22, 2017, 01:16:05 PM
#15
Euro: burning explicitly allowed for small quantities. Switzerland: allowed. US: illegal. Is this serious? Yes! Let's call it: "Doing it for fun, protest & profit!"
Go on then, lead by example, show us how you do it.
I'd rather donate fiat to charity than burn it like an idiot, there's people going hungry and homeless and you talk about burning fiat that could've gone to someone in need for a warm meal and/or shelter.
newbie
Activity: 5
Merit: 0
September 22, 2017, 01:51:06 AM
#14
Euro: burning explicitly allowed for small quantities. Switzerland: allowed. US: illegal. Is this serious? Yes! Let's call it: "Doing it for fun, protest & profit!"
sr. member
Activity: 938
Merit: 251
September 22, 2017, 01:21:43 AM
#13
What the fcuk! Burn fiat go to prison for six months. come back and keep burning fiat until you are dead broke and you live on the street and got shot and you die. Burn fiat motherfcukers.
sr. member
Activity: 504
Merit: 250
September 22, 2017, 01:15:00 AM
#12
sorry to say, but this is the most stupid thing I have ever read.. sure, one might not like gov, fiat etc. But burning fiat is stupid. And illegal.
member
Activity: 116
Merit: 10
September 22, 2017, 01:11:14 AM
#11
Money burning is criminal act in all country
sr. member
Activity: 402
Merit: 250
September 22, 2017, 01:06:07 AM
#10
Has to be a joke, these guys can't be serious 😂 1 eth = 1 burn hahaha plus burn fiat 😂
aha,must be a joke.in my thought ,in many countries it's a kind of seriously criminal action to destroy the fiat money. 
full member
Activity: 186
Merit: 100
September 21, 2017, 11:52:41 PM
#9
They one day launch new coin which can beat Bitcoin 1 burncoin= 1 Bitcoin. Why dev wasted his time on writing all this when they are kidding
member
Activity: 125
Merit: 10
September 21, 2017, 11:44:09 PM
#8
Has to be a joke, these guys can't be serious 😂 1 eth = 1 burn hahaha plus burn fiat 😂
newbie
Activity: 5
Merit: 0
September 21, 2017, 04:22:30 PM
#7
Yep. Try it. Here are some example transactions ... (hit "convert to ascii" in the data section of the tx)

https://etherscan.io/tx/0x12e13ff9b0a9f6a487ec22b470bde3d3e9dc63e128219c2797363228622c70a0
https://etherscan.io/tx/0xff9b2f3c8f9221c0888e8c7fdf90c40776b59d3b4461d90ef00d38da49b19ecc

Bonuses are assigned based on amount + country + style. E.g. burning 20 CHF in your backyard results in a pretty low bonus because Switzerland is probably the most crypto-friendly country around which kinda negates the good burn style (real burn) & amount (20 CHF is okay ... we're looking for a symbolic act here, not monetary destruction ...)
sr. member
Activity: 336
Merit: 250
Do the thing and you'll have the power.
September 21, 2017, 04:12:57 PM
#6
Is this a serious thing?
newbie
Activity: 5
Merit: 0
September 21, 2017, 04:11:48 PM
#5
Exchange schmexchange. The future is distributed! As soon as some good purchases come in this contract will be unlocked & the coin will become trade-able. Free BRN for the first brave souls willing to spread the good word on social media!
full member
Activity: 378
Merit: 107
September 21, 2017, 04:03:57 PM
#4
Hence. Your coin has a protest character. And on what exchanges are you going to trade? Not on the Chinese?
newbie
Activity: 5
Merit: 0
September 21, 2017, 03:58:11 PM
#3
Could be more. Bonus completely depends on execution & style of the burn. Give it a try! ETH purchases without proof-of-burn just go as 1 ETH = 1 BRN.
full member
Activity: 750
Merit: 100
September 21, 2017, 03:44:34 PM
#2
WOW! 1 Burn = 1ETH?
newbie
Activity: 5
Merit: 0
September 21, 2017, 03:43:06 PM
#1
Frustrated by the recent news coming out of China? Maybe you want to protest capital controls? Vent your frustration & buy BurnCoin.

1) Burn real fiat money. Take pics. Upload to the inter webs
2) Buy BRN at the address below. hex-encode a link to your pic of fiat burn in the data field of your transaction.
3) Get up to 100% bonus for burning fiat.

That's it!

# BurnCoin details

Address: 0x6667bEf19002AED8aDC5f8E2d544c0707473B999
Name: BurnCoin
Symbol: BRN
Description: Burn Fiat. Make Coin!
Disclaimer: Burn fiat at your own risk. Check your local laws before buying BRN.
Total Supply: 10000
Owner Supply: 5001
Market Supply: 4999
Exchange Rate: 1 ETH = 1 BRN
Purchase Bonus: Up to 100% bonus available for providing proof-of-burn.
Social Media Bonus: Get up to 1 BRN for helping us spread the word about BRN.
Minimum: No minimum purchase.
Contact: Use hex-encoded data field to talk to contract owner

# How to buy BurnCoin

Simple. Send ETH to the BurnCoin contract address. You will immediately receive BRN tokens. If you want to qualify for a bonus send a hex-encoded link to an image of you burning fiat money in the data section of the transaction.

# Bonuses

In order to qualify for a bonus of up to 100% BRN send a hex-encoded message in the data field of your ETH transaction containing a link to an image or video of the fiat (paper) money you have burned.

Your burn will be scored according to the following criteria: amount + country + style.

Amount: larger burns will receive larger bonuses.
Country: burns of fiat from known enemies of cryptocurrencies (e.g. China) will receive larger bonuses.
Style: social media popularity & creativity in burns will result in larger bonuses.

Bonuses are typically paid out within 24h. Additional bonuses of up to 1 BRN are available for social media mentions.

# Why buy BurnCoin?

Buying BurnCoin is an act of protest against oppressive governments imposing capital controls on their citizens through banning of cryptocurrencies. What good is progress & wealth if you can't spend it as YOU please. Yes, I'm looking at you China. Access to cryptocurrency is as fundamental human right!

# Why hold BurnCoin?

The supply of BRN is limited to a small amount of coins & no new coins will be minted. Holding BRN tokens in your wallet, no matter how little, signals that you are a participant in the decentralized internet revolution. Join the movement!

# Why promote BurnCoin?

If you hold BRN it is in your own self-interest to talk about BurnCoin & the cause since it will increase demand. Especially successful promotors in social media will be rewarded with bonus BRN.

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