Here we go again.
Nice stolen logo. Is it just coincidence this new logo is also associated with another scam site?
Topic: [ANN] Floz - Your Marijuana Brand | FlozT | RollZ | FlozER | JointZ | Society - page 2. (Read 12672 times)
April 27, 2016, 06:09:43 PM
April 27, 2016, 05:05:06 PM
I have a couple of questions.
On the website http://www.floz.co/#!flozt/gr7t8 it says "1 Floz will give you 1 Gram of FlozT". How does that work? A gram of cannabis is at least $10 at any of the dispensaries where I live. Also, you can't just grow weed and sell it to the dispensaries. Growers have to be licensed by the state and it's not an easy process and takes a significant amount of upfront capital to comply with the regulations.
What dispensary is going to accept a cryptocurrency? They are a cash only business since banks will not deal with them because marijuana is still a schedule 1 drug under federal law. Why would they complicate their operation by having to convert an altcoin to bitcoin and then to cash when they are already making huge profits dealing strictly in cash?
There have been many marijuana coins all promising this and that but none of them can be used for purchase at any marijuana dispensary.
I'm not even going to get into the energy drink because that's another can of worms.
Your plan is unrealistic and will never happen.
On the website http://www.floz.co/#!flozt/gr7t8 it says "1 Floz will give you 1 Gram of FlozT". How does that work? A gram of cannabis is at least $10 at any of the dispensaries where I live. Also, you can't just grow weed and sell it to the dispensaries. Growers have to be licensed by the state and it's not an easy process and takes a significant amount of upfront capital to comply with the regulations.
What dispensary is going to accept a cryptocurrency? They are a cash only business since banks will not deal with them because marijuana is still a schedule 1 drug under federal law. Why would they complicate their operation by having to convert an altcoin to bitcoin and then to cash when they are already making huge profits dealing strictly in cash?
There have been many marijuana coins all promising this and that but none of them can be used for purchase at any marijuana dispensary.
I'm not even going to get into the energy drink because that's another can of worms.
Your plan is unrealistic and will never happen.
We have not raised enough capital for our projects and have realized that we made the wrong decision to take over Floz.
Wallet is broken, and from our calculations we could not achieve our 1g FlozT = 1 Floz policy. There is roughly 4,3 million Floz in circulation and it would be an unrealistic goal.
Nature will be the exact same concept as Floz. It will basically just be a blockchain and branding shift.
We are recreating our design/logo and making the necessary changes to our main website & society board.
Yobit & C-Cex will be contacted for ICO & Coin-swap.
ICO
500,000 NAT coins will be available in ICO at 1000 sat. (5btc goal)
Floz Swap
The value of Flozcoins will be given back as NATcoins once the swap phase is ready.
Example: If Floz marketcap is 5 btc there will be 500,000 NAT availabe to share between the Floz holders.
If it's 10 BTC, there will be 1,000,000 to share. The maximum amount of coins will be 2,000,000 (including ICO).
Comments
We apologies that it had to go this way, but it will be worth it at the end.
This way we will get funding and can get out both the Casino and the mobile app.
After these two projects have opened, we are certain that we can get more funding for the production of our strain & energy drink.
So we will take one thing at the time and go from there. More updates coming!
Well that didn't take long.
April 27, 2016, 05:04:48 PM
.
.
I didn't understand the association of the word FLOZ with marijuana,
but I think changing the name to Natural is a better name.
.
I didn't understand the association of the word FLOZ with marijuana,
but I think changing the name to Natural is a better name.
April 27, 2016, 04:49:08 PM
This looks great!! As long as us Floz holders can get swapped to NAT...
Our plan is to have C-Cex host the swap.
It will be automatic, so Floz holders can just deposit on C-Cex.
We have not contacted them about it yet so can not guarantee it will be there or like that, but should not be a problem
Working on rebranding, lots of stuff to change.
It is indeed good idea to host the ICO for the development but the second part is definitely not satisfactory at all.
it will be injustice for those who have bought or were trading in the free market from time to time.
the perfect re-branding would be when total amount of coins would be -- coins swapped + ICO(500,000)
in that case there would be funds for development and no price discrepancies for any current holders.
if u set the price with this market, then it will be a definite loss program for old folks.
Quote
Floz Swap
The value of Flozcoins will be given back as NATcoins once the swap phase is ready.
Example: If Floz marketcap is 5 btc there will be 500,000 NAT availabe to share between the Floz holders.
If it's 10 BTC, there will be 1,000,000 to share. The maximum amount of coins will be 2,000,000 (including ICO).
The value of Flozcoins will be given back as NATcoins once the swap phase is ready.
Example: If Floz marketcap is 5 btc there will be 500,000 NAT availabe to share between the Floz holders.
If it's 10 BTC, there will be 1,000,000 to share. The maximum amount of coins will be 2,000,000 (including ICO).
so 2,000,000 total - 500,000 Nat Ico = 1.5 million swapped Coins at max. = 15BTC Market Cap needed = needs a Price of 0.00000347 Sats per Coin to reach the Max Ammount of swapped coins.
Correct ?
April 27, 2016, 03:39:16 PM
This looks great!! As long as us Floz holders can get swapped to NAT...
Our plan is to have C-Cex host the swap.
It will be automatic, so Floz holders can just deposit on C-Cex.
We have not contacted them about it yet so can not guarantee it will be there or like that, but should not be a problem
Working on rebranding, lots of stuff to change.
It is indeed good idea to host the ICO for the development but the second part is definitely not satisfactory at all.
it will be injustice for those who have bought or were trading in the free market from time to time.
the perfect re-branding would be when total amount of coins would be -- coins swapped + ICO(500,000)
in that case there would be funds for development and no price discrepancies for any current holders.
if u set the price with this market, then it will be a definite loss program for old folks.
April 27, 2016, 02:48:42 PM
This looks great!! As long as us Floz holders can get swapped to NAT...
Our plan is to have C-Cex host the swap.
It will be automatic, so Floz holders can just deposit on C-Cex.
We have not contacted them about it yet so can not guarantee it will be there or like that, but should not be a problem
Working on rebranding, lots of stuff to change.
Sounds good thanks for the update!! Maybe you can create an account on Slack, its easy to keep us investors updated quickly.
April 27, 2016, 02:25:37 PM
This looks great!! As long as us Floz holders can get swapped to NAT...
Our plan is to have C-Cex host the swap.
It will be automatic, so Floz holders can just deposit on C-Cex.
We have not contacted them about it yet so can not guarantee it will be there or like that, but should not be a problem
Working on rebranding, lots of stuff to change.
April 27, 2016, 01:53:22 PM
This looks great!! As long as us Floz holders can get swapped to NAT...
April 27, 2016, 11:30:54 AM
We have not raised enough capital for our projects and have realized that we made the wrong decision to take over Floz.
Wallet is broken, and from our calculations we could not achieve our 1g FlozT = 1 Floz policy. There is roughly 4,3 million Floz in circulation and it would be an unrealistic goal.
Nature will be the exact same concept as Floz. It will basically just be a blockchain and branding shift.
We are recreating our design/logo and making the necessary changes to our main website & society board.
Yobit & C-Cex will be contacted for ICO & Coin-swap.
ICO
500,000 NAT coins will be available in ICO at 1000 sat. (5btc goal)
Floz Swap
The value of Flozcoins will be given back as NATcoins once the swap phase is ready.
Example: If Floz marketcap is 5 btc there will be 500,000 NAT availabe to share between the Floz holders.
If it's 10 BTC, there will be 1,000,000 to share. The maximum amount of coins will be 2,000,000 (including ICO).
Comments
We apologies that it had to go this way, but it will be worth it at the end.
This way we will get funding and can get out both the Casino and the mobile app.
After these two projects have opened, we are certain that we can get more funding for the production of our strain & energy drink.
So we will take one thing at the time and go from there. More updates coming!
April 27, 2016, 12:02:30 AM
Floz
stop by #420JFA to share coin specs and project details.
Best thread there is! stop by #420JFA to share coin specs and project details.
April 26, 2016, 11:23:06 PM
Apologies for the silence. Will get an update tomorrow!
We know what we need to do to continue our project.
We know what we need to do to continue our project.
Good to hear, We are eagerly waiting!! Keep up the work! We need to spread the word about FLOZ, get some more investors on board, and hopefully on a better exchange eventually!
April 26, 2016, 06:43:05 PM
Apologies for the silence. Will get an update tomorrow!
We know what we need to do to continue our project.
We know what we need to do to continue our project.
April 26, 2016, 01:32:40 AM
Maybe Dev can write a few words... market looks really bad at the moment...
market getting crazy sometimes ...by the way i m not getting any active connections ? added the nodes from ccex but still not syncing ?
April 25, 2016, 10:43:35 PM
Maybe Dev can write a few words... market looks really bad at the moment...
April 24, 2016, 10:19:18 AM
Floz will be big... I believe in this coin and the Dev Team... 10k is nothing
If the Devs continue the hard work and progress, Floz can hit 10k within 1-2 weeks...
I think the Devs are motivated and this will happend very soon.
April 23, 2016, 11:55:48 PM
Floz will be big... I believe in this coin and the Dev Team... 10k is nothing
If the Devs continue the hard work and progress, Floz can hit 10k within 1-2 weeks...
April 23, 2016, 11:22:30 AM
Floz will be big... I believe in this coin and the Dev Team... 10k is nothing
April 23, 2016, 07:28:24 AM
I'm going to ignore all the FUD! Team hopefully you keep moving forward with your project. Don't entertain the assholes. Keep us updated, thanks!
April 22, 2016, 12:16:01 PM
The fact is you insult us by saying you could do everything we have done in 5 minutes. Every rational person knows thats not true.
Yes its built on template, but every website/forum today is built on template. You have not uncovered some secret.
I didn't say I could do everything you have done in 5 minutes. I said the creation of your introduction video takes a mere 5 minutes.
I can, however, recreate the floz society site or your main page by myself in 30 minutes. Of course everyone uses templates. My point is that it is crazy simple to do everything you have done so far, despite it looking like a lot of hard work to naive people. It isn't. If only we send you more money you can show us something, right? Again, there is no proof you are doing anything besides hyping up the coin for another round of pump and dump, which has now happened. I admit, I'm jealous I didn't think of this. Very clever.
However, there is the fact that we have not raised enough funding. As stated earlier we already have a new plan in works.
We are gonna start this like we should have from the beginning. But we are not ready to give an update on this yet, give us some days.
We are gonna start this like we should have from the beginning. But we are not ready to give an update on this yet, give us some days.
This sounds just like the original thread. I don't think this scam needs spelled out any further for anyone.
April 22, 2016, 08:01:32 AM
Nice report grumpytiger (Y)
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