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Topic: [ANN] FedoraCoin (TiPS) - New Dev team: Fedoracoin Foundation - page 14. (Read 110943 times)

sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
A 20% pre-mine is a rough way to start.  A lot of people are going to scream scam coin. 

I have to admit that I really don't like the idea of a 50/1 split as an original holder of Fedora/Tips. 

I would prefer 25/1 but I agree, 50/1 is a lot of loss at least theoretically. I suppose the associated drop in supply and increase in value will make up for the loss in the long run.

I hope that 50/1 gets us safely on the BTC markets. ETH, DOGE, etc are just to small trading pairs.


That would be nice...
full member
Activity: 560
Merit: 112
A 20% pre-mine is a rough way to start.  A lot of people are going to scream scam coin. 

I have to admit that I really don't like the idea of a 50/1 split as an original holder of Fedora/Tips. 

I would prefer 25/1 but I agree, 50/1 is a lot of loss at least theoretically. I suppose the associated drop in supply and increase in value will make up for the loss in the long run.

I hope that 50/1 gets us safely on the BTC markets. ETH, DOGE, etc are just to small trading pairs.
member
Activity: 169
Merit: 10
I assume swapped TIPS will be burned.
Could someone let me know the burn address, so I can add a label for it in the block explorer?

TIA

Hi PD,

Thanks yes they are! Will update soon once I get the details from Joja re the proof of burn

Cheers
Robots.
newbie
Activity: 25
Merit: 0
What are the basic measures you are going to take for mapping the decentralized data because most of the companies are looking for different types of data, from where you are going to collect the data?
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
A 20% pre-mine is a rough way to start.  A lot of people are going to scream scam coin. 

I have to admit that I really don't like the idea of a 50/1 split as an original holder of Fedora/Tips. 

I would prefer 25/1 but I agree, 50/1 is a lot of loss at least theoretically. I suppose the associated drop in supply and increase in value will make up for the loss in the long run.
full member
Activity: 560
Merit: 112
A 20% pre-mine is a rough way to start.  A lot of people are going to scream scam coin. 

I have to admit that I really don't like the idea of a 50/1 split as an original holder of Fedora/Tips. 

It's not a 20% pre-mine for the developers. You need to mine coins for the swap.

The actual "pre-mine" is 10%, of which 5% goes to the developers (2% for airdrop, 3% for listing fees).
If they lock up 80% of that amount, only 1% of the supply will be available to pay developers in the short term. It's not a lot.

I just hope that reserving 80% of the supply to pay miners, doesn't mean they get paid an incredible amount. They'll dump it to earn money (suppressing the price for everyone) and devaluate the price for all holders who do not mine. That's the part I'm worried about, but it's the downside of a coin that can be mined.
legendary
Activity: 1612
Merit: 1608
精神分析的爸
I assume swapped TIPS will be burned.
Could someone let me know the burn address, so I can add a label for it in the block explorer?

TIA
member
Activity: 131
Merit: 10
A 20% pre-mine is a rough way to start.  A lot of people are going to scream scam coin. 

I have to admit that I really don't like the idea of a 50/1 split as an original holder of Fedora/Tips. 
full member
Activity: 560
Merit: 112
Transferring all my TIPS to Gate.io for more voting power  Smiley
member
Activity: 201
Merit: 10
The team of this business is very experienced I think, now when i look at them on the website.Do you plan to hire more people in the future for a full-time job? Thanks
The team will steal money.Do not believe them
member
Activity: 169
Merit: 10
The team of this business is very experienced I think, now when i look at them on the website.Do you plan to hire more people in the future for a full-time job? Thanks

Given that we all work for free I would say unlikely
newbie
Activity: 14
Merit: 0
The team of this business is very experienced I think, now when i look at them on the website.Do you plan to hire more people in the future for a full-time job? Thanks
newbie
Activity: 211
Merit: 0
Quote
I took a quick look on your website and whitepaper, sounds very promising, if you can deliver it will be a revolutionary platform
Gold words. I think it will be so, and the price tag will fly at least 3 times by the end of the month.
member
Activity: 169
Merit: 10
Hello Team, can you elaborate on the Physical POS Terminal i read on Ann page? Does it means that there will be POS on mobile as well?
Do you have a bounty program?

Hi there,

There is no mention of a physical POS terminal on the OP - are you sure you're referring to Tips?

We are however planning support for merchants and face to face sales in our upcoming mobile/web wallet.  The initial mobile/web wallet release is due later this year, with the more complex merchant functions early next year.  But the initial mobile release will allow you to TIP/BUY/SHARE from one mobile device to another, at REAL-TIME.

Keep watching here and at www.twitter.com/fedoratipscoin for more, and please vote YES for the swap if you hold on Gate.

Cheers,
Robots.
member
Activity: 169
Merit: 10
There is a lot going in with this coin lately that makes one feel this might be the next Dogecoin in the making. The community is building slowly and the prize is moving positively over time. I might just get some bag before we finally leave for moon
I am taking part in the bounty, I already raised a lot of coins, especially without spending time. In the future I plan to actively invest in this project, the prospects are visible not with an armed eye.
What bounty is going on for the project? Would like to take part in it

Hi Kalunomics,

Thanks so much, really appreciate your positive sentiment.  Please follow the twitter and check the website (www.twitter.com/fedoratipscoin, www.tipsco.in) for the latest - particularly our swap we have coming up at the end of the month.

We're moving to the CryptoNote protocol, and becoming part of the Bytecoin family Smiley  Lots of cool features like realtime transactions, privacy options, new wallets, a mobile/web wallet in a few months!  The swap is all part of the long term Fedora Tips Vision:

The Fedora vision is for Tipping and Transacting in Real time, face to face or online. We NEED tech that supports our roadmap. Stuff like privacy, speed, mobile/web wallets & more. The NEW #CryptoNote based Tips comes with these features out of the box!

There's NO bounty BTW - I think that post you quoted was somebody a little confused I'm afraid.  We are planning an AirDrop for October however, although no fine details yet - too busy on the swap.

BTW - IF ANYBODY IS A HOLDER ON GATE - PLEASE VOTE YES FOR THE SWAP!!!!  https://gate.io/article/16620

Thanks & keep following!

Robots.
full member
Activity: 630
Merit: 103
There is a lot going in with this coin lately that makes one feel this might be the next Dogecoin in the making. The community is building slowly and the prize is moving positively over time. I might just get some bag before we finally leave for moon
I am taking part in the bounty, I already raised a lot of coins, especially without spending time. In the future I plan to actively invest in this project, the prospects are visible not with an armed eye.
What bounty is going on for the project? Would like to take part in it
newbie
Activity: 28
Merit: 0
Hello Team, can you elaborate on the Physical POS Terminal i read on Ann page? Does it means that there will be POS on mobile as well?
Do you have a bounty program?
jr. member
Activity: 223
Merit: 1
Price is moving up...
newbie
Activity: 14
Merit: 0
Is there a clear, concise, and well written road map available for investors? What milestones do you have in place? How will you inform investors when milestones are achieved? Will your team be conducting any online events, such as webinars, Q&As, or AMA on Reddit?
newbie
Activity: 11
Merit: 0
Hello. Sorry but I forgot to ask more questions about the numbers: first about 500 billion with working capital 212 and created for Swap 100. After the Swap how many Tips Birthday can not know, but doing the Swap is equivalent to burning many of those that are in circulation , we imagine 90% and then those that will remain ten times their value? The Market will say it. Will it still be possible to create / minus about 180 billion? And instead, of the new Tip, how many will be those in circulation? Only the old ones that will participate in the Swap and divided by 50? How many will be in total counting also those that will not be in circulation but can be created or mined? Before we said the report was 500 to 212 (total supply-circulating supply): now what will the new relationship be? Thank you.
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