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Topic: [ANN] ESL Coin & Try English App (ICO coming) - page 2. (Read 12986 times)

legendary
Activity: 1268
Merit: 1006
September 09, 2017, 11:37:46 PM
#69
ESL Coin will be exhibiting at the Advanced Digital Innovation Summit, September 12-13 in Vancouver. Should be fun with heavy-hitting speakers like Andreas Antonopoulis. Come find our booth if you're attending!
legendary
Activity: 1268
Merit: 1006
Although it's true that education is a good cause which helps motivate the ESL Coin team, this is a real investment opportunity, as well. Here you can see just how many potential users and advertisers the Try English app has, and the true size of the industry our cryptocurrency will tap into. Imagine they all used ESL Coin!

legendary
Activity: 1268
Merit: 1006
We've decided to have a pre-sale of ESL tokens at a 10% discount starting now. Since our pre-ICO funding needs are not excessive, you will not see it advertised heavily, and we may choose to limit the amount individuals can buy and/or the pre-sale total. We just wanted to make sure you all had an equal chance to participate if you were so inclined, in which case please send a PM so we can arrange it.

Our next update will show off some research about the ESL industry--following that, the launch of eslcoin.org. Stay tuned! Smiley
newbie
Activity: 53
Merit: 0
Really looking forward to this guys great idea!!!

To the moonBTC
legendary
Activity: 1268
Merit: 1006
I think mostly people don't have the patience to wait until November-December. Tongue A lot of forum activity is generated by bounty hunters and speculators, and they're currently focused on other projects that have the potential to yield immediate results. Once we're closer to the ICO and the bounty program has been established, you can expect a resurgence in community activity.
full member
Activity: 165
Merit: 100
Why is the community not lively at all? The team is also updating the schedule. Some quality activities should be held
legendary
Activity: 1268
Merit: 1006
Some quick facts about the ESL Coin ICO and initial coin distriution

legendary
Activity: 1268
Merit: 1006
hi dev I'm just curios since this ico will take place on nov 13 are you going to do some pre sale? I seen from other ico coins about this and I'm just curios
to know if you are also doing that so I can assess if holding it in this early stage will be more beneficial again its just out of curiosity so just let me know.
thanks and good luck.

Good question. We are currently considering it heavily, but if there is a pre-sale, the bonus won't be huge. We don't want some people to feel like they missed out. We might even make it a private pre-sale and have no bonus at all, as our pre-ICO funding needs aren't excessive.
sr. member
Activity: 1050
Merit: 252
hi dev I'm just curios since this ico will take place on nov 13 are you going to do some pre sale? I seen from other ico coins about this and I'm just curios
to know if you are also doing that so I can assess if holding it in this early stage will be more beneficial again its just out of curiosity so just let me know.
thanks and good luck.
full member
Activity: 364
Merit: 101

Good job! We now have the ANN translated to Hindi, Indonesian and Tagalog. We've decided to lump the Translator roles together with Community Manager roles... they will help us reach not only regional crypto fans, but regional ESL students and business, as well, and get paid a regular wage after the ICO is complete. We're still particularly interested in finding people for China and Japan

I am still waiting for your order to translate sir, when will i can start translating?

Thanks

We picked someone else, sorry... see, the Indonesian one is already translated. It made sense because she is an English teacher and so has more useful existing connections. We hope there are no hard feelings

oh I see I have no problem with that Sir I am not narrow minded but it's not good to keep someone waiting at least you should reply though.

I am waiting for upcoming news about this project, look forward to it  Wink
legendary
Activity: 1268
Merit: 1006

Good job! We now have the ANN translated to Hindi, Indonesian and Tagalog. We've decided to lump the Translator roles together with Community Manager roles... they will help us reach not only regional crypto fans, but regional ESL students and business, as well, and get paid a regular wage after the ICO is complete. We're still particularly interested in finding people for China and Japan

I am still waiting for your order to translate sir, when will i can start translating?

Thanks

We picked someone else, sorry... see, the Indonesian one is already translated. It made sense because she is an English teacher and so has more useful existing connections. We hope there are no hard feelings
full member
Activity: 364
Merit: 101

Good job! We now have the ANN translated to Hindi, Indonesian and Tagalog. We've decided to lump the Translator roles together with Community Manager roles... they will help us reach not only regional crypto fans, but regional ESL students and business, as well, and get paid a regular wage after the ICO is complete. We're still particularly interested in finding people for China and Japan

I am still waiting for your order to translate sir, when will i can start translating?

Thanks
legendary
Activity: 1268
Merit: 1006

Good job! We now have the ANN translated to Hindi, Indonesian and Tagalog. We've decided to lump the Translator roles together with Community Manager roles... they will help us reach not only regional crypto fans, but regional ESL students and business, as well, and get paid a regular wage after the ICO is complete. We're still particularly interested in finding people for China and Japan
legendary
Activity: 2632
Merit: 1094
legendary
Activity: 2576
Merit: 1252
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legendary
Activity: 1268
Merit: 1006
Thanks again for your supportive comments. Soon we will begin choosing our translators, who will need to do the ANNs, white paper, website stuff... we're also crafting a structure for social media and forum bounties.

In the meantime, check out this graphic. It shows what the layered structure of the ESL Coin ecosystem will look like once it's mature. We may drop Ethereum for an independent blockchain if it has too many more freakouts like the other day, but the concept remains the same: the ESL Coin Network will provide the (distributed) user database, which would otherwise be controlled and milked for profit. This will allow third parties to utilize it and add their users to the Network, as well.


First we need to get the app working with a server, of course, but I thought that would be boring to look at--just a simple cryptocurrency integration, been done before (just not for ESL students).
sr. member
Activity: 2422
Merit: 264
20BET - Premium Casino & Sportsbook
legendary
Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
legendary
Activity: 1268
Merit: 1006
News update! The ESL Coin ICO will last for three weeks from November 13 to December 3. No new coins will be created, and the pre-mine will be distributed as follows:
 
  • ICO backers: 50%
  • ESL Coin dev team: 10%
  • Third-party app devs: 10%
  • Try English team: 10%
  • Marketing and PR: 10%
  • ESL Community Grants: 10%

ICO Process

ESL Coins will be sold throughout the crowdsale for a constant price of 1000 satoshis (0.00001 BTC). The total supply will equal twice the number of ESL Coins purchased; once the ICO is over, the second half will be created and properly distributed, and then coin creation will be locked.
 
Example: suppose 1 billion ESL Coins are sold for 10,000 BTC. Another 1 billion ESL Coins will then be created for a total of 2 billion, with 200 million each going to the ESL Coin development team, third-party app devs, the Try English development team, marketing, and the ESL community.
 
All grants, bounties and the development fund will be controlled by the ESL Coin Foundation. Its directorship is currently made up of the Try English team, but others may be admitted to the board for reasons such as having made a large ESL Coin investment or developed a third-party app. Other reasons for admission and specific procedures will be outlined in another post.
 
All funding from the ICO itself will go to the Try English team with app development as the immediate and primary goal. If funding from the ICO exceeds our goal of $10 million, excess will all be given to the ESL Coin Foundation to be used at its discretion. The crowdsale will close prematurely if a maximum of $100 million is reached.
 
Grants and Bounties

Grants will be given to ESL Meetups, groups, clubs and student bodies based on their size and activity levels with the expectation that they will participate earnestly in the ESL Network, which may include acceptance of ESL Coin. By the time we run out of funding, the network effect will already have taken hold.
 
Third-party developers and marketers will be on a bounty system. Developer bounties (one of which will be received by the Try English team upon the app’s completion) will be sized according to the scope of their project, and marketing bounties will be given to translators--who will be highly significant--as well as writers and for social media and forum activity.
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