Topic: [ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0 - page 49. (Read 473662 times)

received today 0 FLDC
didn't know its possible to send 0 amount in counterparty tx

This Sunday of course

Monthly meeting??

Will from Block Label here.

Some of you may have noticed “FANTOKEN” is now part of the merged mining. It's a token that represents 10% of our profits.

I wanted to say a few words to be clear on what that exactly means.

The question we're trying to solve with “Fan Tokens” is: “How do we find a way for people to receive a few BTC whenever they share one of our songs with their friends?”

It isn't feasible to track every single tweet or blog post, nor is it possible to track when people share something by word of mouth. That's why Fan Tokens represent 10% of our profits. By having a token that represents any success the project may or may not have we welcome anybody who wants to be a part of it. While we're at it, we might as well incentivize doing good as well.

E.g. you have Fan Tokens and you share a song with someone:

1. That person listens to the track.
2. Which in turn generates profit for Block Label.
3. A more profitable Block Label is better for those who have Fan Tokens.
4. A better Fan Token is more desirable to others and more people would want some.
5. Incentivizing more people to fold.
6. The more people that fold, the more people that will receive Fan Tokens.
7. More people likely to share a song... Full circle! Anybody want to make a nice flow chart of this?

That's the idea anyway, whether that will be the case is whole different matter.


Oh, another thing I wanted to make clear is the daily distribution amount. It's 100.
(foldingcoin's announcement stated 1000)

I've made a (test) page so it's easy to check your stats, however, Robert would have to confirm if this is correct. I've merely assumed that this is how it will more or less tally up. Take a look here: http://www.blocklabel.com/fan-token-distribution/

maybe ask from hnin to make a special SOG cards+tokens for this...can be worth a lot of XCP yumm

We will get the Foldingcoin forum's going soon, so I will assure people can get their badges there

Unless Robert creates his own card or any other game and you get to wear that badge in a game   

That's too bad. Just keep posting and you'll get to that level in the end

Jonesd- Thanks for the Folding badge!     It looks like I only get to show it off here in plain text (I'm too new).

Sorry to hear. Hopefully we will be able to do some medical research to extend the lifetime of your rigs

one of PCs dead again.. grrrr
might need new mobo

good work Hou5e

all of us together is like a big ass WU factory:)

* i'm surprised there isn't folder called Grey

You can view the meeting at: https://www.youtube.com/watch?v=CTRCEllmQQ4 or join at  https://hangouts.google.com/call/xlqq5z6afqp2nnxehljc4kusrya

Hey guys,

The monthly meeting is starting in 3,5 hours (3PM EST). I will post the links once they become available, so you can join the meeting if you want.

once we integrate those with our new forum page then it will be even cooler forum is still being worked on though, but you can view what we have done so far by going here http://www.forums.foldingcoin.net/ (Remember, not active yet)

great. thank you