Hi. May I first say that I think you guys are doing a nice job with your coin. I own some (personally of course, not Comic Book Coin) and have followed your progress -- good luck into the future!
As far as your comment is concerned, yes, I know that you are right. But, we chose Ripple to make it easier for noobs (among other reasons). And as an asset-based coin, it just seemed for the best to go the token (or "colored coin" or "asset-based coin" or whatever the latest term is) route. And, of course, as you know, there is no mining in Ripple. But, we are aware that Bitcoin Talk has a huge mining community and they are always the first people on the ANN pages. Still, we felt it was important to announce here anyway. Plus, we come here all the time ourselves, so it felt natural to do so.
Anyway, thanks for your comment!
Thanks for supporting HYPER! I noticed you followed on twitter which is how I found you. I'm interested in how you will create value with ComicCoin. As I understand the coin will be "backed" by collectable comic books (as opposed to fiat money, infrastructure or other projects). Is that correct? Do you have proof of ownership of these collectible comics? Gaming and comics are in some respects similar and I'm interested to learn more. Feel free to elaborate more.
I think you will face some flak for not allowing mining in the initial stages and basically owning the entire supply. Unfortunately due to the number of scams on the forum the sooner you can show proof of the comics and assets backing the coin, and also development progress on your other goals, the better. Something like a company or some kind of transparent way for people to know the coin is really backed by comics will help your project (such as having them held by a trusted and accountable third party). But of course it is your coin and you can run it how you like. I'm interested to see how it unfolds
I think it's a really interesting project to have a currency backed by collectibles like comic books and I have some good ideas assuming you are here for the long term.
I believe (and hope) that the answers to your questions are covered by the website. However, let me give a truncated version to attempt to address your comments.
Yes, we will be displaying (and already are currently) the comic book collectibles in a comic book shop in Florida (Tonic's Comics) which, of course, is open to the public. Trust is very important in something like this, as you point out, and it will take time to build. Every single comic book purchased for CBC holders will go on display. It should become very apparent -- and fast -- whether or not we are using the money raised by CBC holders to buy comics or spend it on cruises around the world.
I agree completely that all of our goals should show progress in a transparent fashion (not your exact words). As I stated, there are more details regarding this topic at the website, but how and where to physically see and touch the comic books is probably paramount. There are other important factors as well -- for example, we will be using a price guide accessible to the public so that they can follow along with their collection. Sometimes comics prices are made a bit opaque, unnecessarily so in our opinion.
Yes, we anticipated getting some flak from the miners, but that is to be expected a bit on this forum. Our attitude on that is not that miners are bad or anything, but that they aren't that good in many cases either. We have all seen more than one coin drift into oblivion due to the relentless selling by the miners.
What I mean by that is that they are not distributing any coins in any "fairer" fashion than anyone else would. In fact, as they stand to make huge amounts of money (in some cases) they really aren't "distributing" at all. They are a middle man between the coin and the people who ultimately want to own your coin. (As you can probably guess, I bought my HYPER , I did not mine it!
) In any case, as I mentioned earlier, there really isn't any room for miners in an asset-based coin and even if there was, Ripple is not a mined coin to begin with.
But, you guys have managed the miners wrath and such and come out strong, so of course, it is possible to succeed with them (despite them?) -- you are proving it every day.
Anyway, I hope that covered what you were wondering about!
