Topic: ANN - Emmetropia - Really Stable Storage of Value (Read 626 times)
how will you stop this coins volatility? is it even possible?
The website is not working..
Well, maybe it's under construction.
The website is not working..
Vision and Mission
Vision: Be the only cryptocurrency people can HODL in their wallets without fearing its value will depreciate rapidly over a short amount of time, instead it will even grow up.
People around the world using different cryptocurrencies to make purchases or trades in just one wallet via one app is something crypto enthusiasts like us dream about.
People trading cryptocurrencies via decentralized exchangers with EMM as their main currency is our goal to make EMM reach the Top10 spot in CMC.
Mission: Spread the use of ALL cryptocurrencies in the world, not just our own EMM Token.
Spearhead the emergence of a real cashless society by creating a really stable digital currency.
To be the medium people use to buy anything online without the hassle of KYC and bank requirements.
A Realistic Scenario
Imagine, you were selling 10,000 Altcoins for .0005 BTC so that’s 5 BTC.
At the current price of BTC ($12,000) that’s $60,000.
And you were not able to go online for 12-24 hrs for some reasons.
The value of BTC fell down to $9,500 and you didn’t know it.
Naturally, your $60,000 will drop to $47,500. You just lost $12,500 in just 24 hrs.
We can say that Bitcoin and Ethereum are behaving more like assets rather than currencies.
This is the problem that Emmetropia wants to solve.
What is Emmetropia?
Emmetropia is a Waves-based token intended to be the ultimate storage of value.
By keeping the price steady, Emmetropia can reach that goal.
Emmetropia is a token born from my imagination as I watched the crypto world.
I started trading, so I bought a partial Bitcoin. I had a hard time buying the Altcoin I want so I was delayed.
But then, Bitcoin’s price fell down so I was able to buy less of the Altcoin I want just because I got delayed.
And, no, the Altcoin’s price didn’t move that much.
I asked myself, “What if instead of using Bitcoin or Ethereum, we can buy Altcoins using real money like the US Dollar?”
But I answered my own question after a few seconds.
In the online world, if you want to buy something using USD, you will have to use Paypal or credit cards.
And applying that in the world of crypto currencies defeats the purpose of decentralization.
Plus the fact that they can always file disputes with Paypal or their banks to get their funds back.
According to Wikipedia, Emmetropia is a state in which the eye is relaxed and focused on an object more than 6 meters or 20 feet away.
The light rays coming from that object are essentially parallel, and the rays are focused on the retina without effort.
Why did we choose this?
It sounds cool. Most people, including me, have heard of Myopia and Hyperopia, but not Emmetropia.
When I checked the definition, it was perfect for what I was building!
Emmetropia is the state of having a perfect vision. It is the most perfect term for the experience I had when I realized that this is a problem my team and I can solve!
And so Emmetropia was born. And the rest will be history...
Links
Website https://emmetropia.co
Exchange: https://exchange.emmetropia.co (under construction)
Telegram: TBA
Facebook: TBA
Whitepaper: Soon
Coin Specifications
Technical Specifications
Max Supply: 160,000,000
Identifier:
Symbol: EMM
Decimals: 8
Allocation
Airdrop: 3,000,000
Pre-ICO: 2,000,000
ICO: 10,000,000
Staking: 50,000,000
Dev Team: 2,000,000
Unallocated: 13,000,000
Price Control: 60,000,000
Development: 20,000,000
Mass Adoption
The success of a cryptocurrency depends on how many people use it.
Emmetropia must be adopted by the masses, even those people who are not crypto enthusiasts, for it to gain a strong foothold.
Well, not only cryptocurrencies but any kind of product requires mass adoption in order for it to be a huge success.
That is why a certain percentage of funds collected from Pre-ICO and ICO will be allocated
to promoting Emmetropia via internet ads such as Facebook etc.
Wallet
We will have at least two types of wallet.
One will be a lite wallet for Android phones and iPhones.
Another version will be for desktop users. It will have a few features like a live exchange rate of various Altcoins from Eth-based to blockchain-based coins.
Might also be a multi-currency wallet.
Something we might consider in the future is a wallet with the ultimate security available to mankind with some extra features.
We don;t have the details yet. We'll focus on this once Emmetropia is stable enough.
Q&A
This section will be created later as we answer some of the most popular questions from you guys.
Timeline
Start of Airdrop
Start of Pre-ICO
Start of Pre-ICO Distribution
Start of ICO
Start of ICO Distribution
Start of Airdrop Distribution
Hiring of additional team members
Start of Staking
Launching of Website
Launching of Internal Exchanger
Launching of Wallet App
CoinMarketCap
Other Exchangers
First Partner Merchant
Pre-ICO
Pre-ICO will last for 4 days.
2,000,000 coins will be available for Pre-ICO. That is 500,000 coins per day.
Each token will be $0.55 each.
No minimum and no maximum number of tokens will be set.
You can buy as many or as few as you want.
Day 1 – TBA
Day 2 – TBA
Day 3 – TBA
Day 4 – TBA
Pre-ICO Total: $1,100,000
ICO
There will be 8 Rounds of ICO. There will be 2 Rounds per day to be fair to people from different time zones.
This way, no matter where you are in the world, there will be an ICO in your waking hours.
No need to get up in the middle of the night to participate!
1,250,000 Tokens per Round for a total of 10,000,000 Tokens for the entire duration of our ICO.
Day 1
Round 1 – $0.50 Time and Day TBA
Round 2 – $0.50 Time and Day TBA
Total Funds to be Earned: $1,250,000
Day 2
Round 3 – $0.60 Time and Day TBA
Round 4 – $0.60 Time and Day TBA
Total Funds to be Earned: $1,500,000
Day 3
Round 5 – $0.70 Time and Day TBA
Round 6 – $0.70 Time and Day TBA
Total Funds to be Earned: $1,750,000
Final Day
Round 7 – $0.80 Time and Day TBA
Round 8 – $0.80 Time and Day TBA
Total Funds to be Earned: $2,000,000
ICO Total: $6,500,000
Soft cap: $3,000,000
Hard cap: $6,500,000
Airdrop
Airdrop will be distributed after ICO distribution is completed.
We might have 1 or more rounds of airdrop.
We don’t know for sure. But 3M coins have been allocated for Airdrop.
We are going to have 2 Types of Airdrop. The Public Airdrop and the Private Airdrop.
The Public Airdrop is available for everyone. Registration will immediately start as soon as we reach 7500 people on TG.
We will post details here or announce it in the Telegram Channel so make sure you are in the channel.
The Private Airdrop is available only to those who hold at least 500 EMM. Registration date will be announced.
We are still working on the number of Tokens and number of participants for this airdrop.
Airdrop Rules:
Airdrop Tokens will be distributed after ICO.
100 Tokens per person. Max of 5000 persons. 1,500,000 Tokens Total.
Bounty:
We won’t have a bounty program. We have a small team of only 4 people.
We cannot run and monitor a bounty program.
Airdrop alone is already an extremely daunting task.
Contest
Design our Emmetropia Coin and receive a prize.
We will choose 3 winners. Max of 3 entries per person.
Create Emmetropia Wallpapers and receive a prize.
We will choose 10 winners. Max of 5 entries per person.
Start creating your entries now and we will update the details of where to send your entries.
NOTA BENE: All entries will be our property.
Why Waves?
We are still busy writing codes for our exchanger so we cannot write codes for a new token. Soon we will launch our own blockchain and our token.
ERC20 was also considered, but with the recent surge of the price of Ethereum, and Cryptokitties, we decided to go with Waves Platform.
We will replace your existing EMM (Waves Platform) with the real EMM once our blockchain is up and running. Stay tuned for updates.
The Road to Top10
Our target price is $10 by February of 2018. We will lock the price at $10. How?
We will all buy and sell at $10.
Do not sell below $10, do not buy above $10.
We know not everyone will follow the rule so here is what we are going to do.
Admins will place a sell order of 100,000 Tokens at $10.
At the same time we will place a buy order of 80,000 Tokens at $9.90.
(Figures are not yet final.)
*Due to the laws of Mathematics, our buy price will always be lower than our sell price.
People can still earn money trading EMM, but those who will earn the most will be the hoarders.
Our goal is not to increase the price to thousands of dollars (at least not yet), rather we are here to provide a solid and stable cryptocurrency people can use.
Once we are ready to take the next big step i.e. increase the value of EMM, we will remove our buy and sell orders and let the market decide.
When we feel like the price has reached its peak, then we will be able to set our fixed buy and sell price. Remember, we are here to be the most stable cryptocurrency to be used as a medium and not as an asset.
Vision: Be the only cryptocurrency people can HODL in their wallets without fearing its value will depreciate rapidly over a short amount of time, instead it will even grow up.
People around the world using different cryptocurrencies to make purchases or trades in just one wallet via one app is something crypto enthusiasts like us dream about.
People trading cryptocurrencies via decentralized exchangers with EMM as their main currency is our goal to make EMM reach the Top10 spot in CMC.
Mission: Spread the use of ALL cryptocurrencies in the world, not just our own EMM Token.
Spearhead the emergence of a real cashless society by creating a really stable digital currency.
To be the medium people use to buy anything online without the hassle of KYC and bank requirements.
A Realistic Scenario
Imagine, you were selling 10,000 Altcoins for .0005 BTC so that’s 5 BTC.
At the current price of BTC ($12,000) that’s $60,000.
And you were not able to go online for 12-24 hrs for some reasons.
The value of BTC fell down to $9,500 and you didn’t know it.
Naturally, your $60,000 will drop to $47,500. You just lost $12,500 in just 24 hrs.
We can say that Bitcoin and Ethereum are behaving more like assets rather than currencies.
This is the problem that Emmetropia wants to solve.
What is Emmetropia?
Emmetropia is a Waves-based token intended to be the ultimate storage of value.
By keeping the price steady, Emmetropia can reach that goal.
Emmetropia is a token born from my imagination as I watched the crypto world.
I started trading, so I bought a partial Bitcoin. I had a hard time buying the Altcoin I want so I was delayed.
But then, Bitcoin’s price fell down so I was able to buy less of the Altcoin I want just because I got delayed.
And, no, the Altcoin’s price didn’t move that much.
I asked myself, “What if instead of using Bitcoin or Ethereum, we can buy Altcoins using real money like the US Dollar?”
But I answered my own question after a few seconds.
In the online world, if you want to buy something using USD, you will have to use Paypal or credit cards.
And applying that in the world of crypto currencies defeats the purpose of decentralization.
Plus the fact that they can always file disputes with Paypal or their banks to get their funds back.
According to Wikipedia, Emmetropia is a state in which the eye is relaxed and focused on an object more than 6 meters or 20 feet away.
The light rays coming from that object are essentially parallel, and the rays are focused on the retina without effort.
Why did we choose this?
It sounds cool. Most people, including me, have heard of Myopia and Hyperopia, but not Emmetropia.
When I checked the definition, it was perfect for what I was building!
Emmetropia is the state of having a perfect vision. It is the most perfect term for the experience I had when I realized that this is a problem my team and I can solve!
And so Emmetropia was born. And the rest will be history...
Links
Website https://emmetropia.co
Exchange: https://exchange.emmetropia.co (under construction)
Telegram: TBA
Facebook: TBA
Whitepaper: Soon
Coin Specifications
Technical Specifications
Max Supply: 160,000,000
Identifier:
Symbol: EMM
Decimals: 8
Allocation
Airdrop: 3,000,000
Pre-ICO: 2,000,000
ICO: 10,000,000
Staking: 50,000,000
Dev Team: 2,000,000
Unallocated: 13,000,000
Price Control: 60,000,000
Development: 20,000,000
Mass Adoption
The success of a cryptocurrency depends on how many people use it.
Emmetropia must be adopted by the masses, even those people who are not crypto enthusiasts, for it to gain a strong foothold.
Well, not only cryptocurrencies but any kind of product requires mass adoption in order for it to be a huge success.
That is why a certain percentage of funds collected from Pre-ICO and ICO will be allocated
to promoting Emmetropia via internet ads such as Facebook etc.
Wallet
We will have at least two types of wallet.
One will be a lite wallet for Android phones and iPhones.
Another version will be for desktop users. It will have a few features like a live exchange rate of various Altcoins from Eth-based to blockchain-based coins.
Might also be a multi-currency wallet.
Something we might consider in the future is a wallet with the ultimate security available to mankind with some extra features.
We don;t have the details yet. We'll focus on this once Emmetropia is stable enough.
Q&A
This section will be created later as we answer some of the most popular questions from you guys.
Timeline
Start of Airdrop
Start of Pre-ICO
Start of Pre-ICO Distribution
Start of ICO
Start of ICO Distribution
Start of Airdrop Distribution
Hiring of additional team members
Start of Staking
Launching of Website
Launching of Internal Exchanger
Launching of Wallet App
CoinMarketCap
Other Exchangers
First Partner Merchant
Pre-ICO
Pre-ICO will last for 4 days.
2,000,000 coins will be available for Pre-ICO. That is 500,000 coins per day.
Each token will be $0.55 each.
No minimum and no maximum number of tokens will be set.
You can buy as many or as few as you want.
Day 1 – TBA
Day 2 – TBA
Day 3 – TBA
Day 4 – TBA
Pre-ICO Total: $1,100,000
ICO
There will be 8 Rounds of ICO. There will be 2 Rounds per day to be fair to people from different time zones.
This way, no matter where you are in the world, there will be an ICO in your waking hours.
No need to get up in the middle of the night to participate!
1,250,000 Tokens per Round for a total of 10,000,000 Tokens for the entire duration of our ICO.
Day 1
Round 1 – $0.50 Time and Day TBA
Round 2 – $0.50 Time and Day TBA
Total Funds to be Earned: $1,250,000
Day 2
Round 3 – $0.60 Time and Day TBA
Round 4 – $0.60 Time and Day TBA
Total Funds to be Earned: $1,500,000
Day 3
Round 5 – $0.70 Time and Day TBA
Round 6 – $0.70 Time and Day TBA
Total Funds to be Earned: $1,750,000
Final Day
Round 7 – $0.80 Time and Day TBA
Round 8 – $0.80 Time and Day TBA
Total Funds to be Earned: $2,000,000
ICO Total: $6,500,000
Soft cap: $3,000,000
Hard cap: $6,500,000
Airdrop
Airdrop will be distributed after ICO distribution is completed.
We might have 1 or more rounds of airdrop.
We don’t know for sure. But 3M coins have been allocated for Airdrop.
We are going to have 2 Types of Airdrop. The Public Airdrop and the Private Airdrop.
The Public Airdrop is available for everyone. Registration will immediately start as soon as we reach 7500 people on TG.
We will post details here or announce it in the Telegram Channel so make sure you are in the channel.
The Private Airdrop is available only to those who hold at least 500 EMM. Registration date will be announced.
We are still working on the number of Tokens and number of participants for this airdrop.
Airdrop Rules:
Airdrop Tokens will be distributed after ICO.
100 Tokens per person. Max of 5000 persons. 1,500,000 Tokens Total.
Bounty:
We won’t have a bounty program. We have a small team of only 4 people.
We cannot run and monitor a bounty program.
Airdrop alone is already an extremely daunting task.
Contest
Design our Emmetropia Coin and receive a prize.
We will choose 3 winners. Max of 3 entries per person.
Create Emmetropia Wallpapers and receive a prize.
We will choose 10 winners. Max of 5 entries per person.
Start creating your entries now and we will update the details of where to send your entries.
NOTA BENE: All entries will be our property.
Why Waves?
We are still busy writing codes for our exchanger so we cannot write codes for a new token. Soon we will launch our own blockchain and our token.
ERC20 was also considered, but with the recent surge of the price of Ethereum, and Cryptokitties, we decided to go with Waves Platform.
We will replace your existing EMM (Waves Platform) with the real EMM once our blockchain is up and running. Stay tuned for updates.
The Road to Top10
Our target price is $10 by February of 2018. We will lock the price at $10. How?
We will all buy and sell at $10.
Do not sell below $10, do not buy above $10.
We know not everyone will follow the rule so here is what we are going to do.
Admins will place a sell order of 100,000 Tokens at $10.
At the same time we will place a buy order of 80,000 Tokens at $9.90.
(Figures are not yet final.)
*Due to the laws of Mathematics, our buy price will always be lower than our sell price.
People can still earn money trading EMM, but those who will earn the most will be the hoarders.
Our goal is not to increase the price to thousands of dollars (at least not yet), rather we are here to provide a solid and stable cryptocurrency people can use.
Once we are ready to take the next big step i.e. increase the value of EMM, we will remove our buy and sell orders and let the market decide.
When we feel like the price has reached its peak, then we will be able to set our fixed buy and sell price. Remember, we are here to be the most stable cryptocurrency to be used as a medium and not as an asset.
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