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Topic: [ANN] [OFFS] Altcoin Offset Credits - Recycling Altcoins, Reducing Emissions - page 2. (Read 4023 times)

legendary
Activity: 910
Merit: 1000
for have OFF  i I have to send to this address  NXT-MRCC-2YLS-8M54-3CMAJ BARR

then I get the OFF  on address ( NXT )  from I sent BARR!
I have to do?
hero member
Activity: 686
Merit: 500
We are preparing proposals to present to various altcoin exchanges and websites, asking them to adopt OFFS.  We want to start with some well-respected sites, but we would appreciate any suggestions or ideas as to which organizations might be particularly useful or receptive to OFFS.
hero member
Activity: 686
Merit: 500
Well that's disappointing. 

Maybe it will come true anyway.
hero member
Activity: 686
Merit: 500
We've had our first burn for OFFS (other than our own), and OFFS has also seen its first trading activity.

There probably won't be a lot of updates in the short term, since BARR is still getting started and people need BARR to get OFFS.  When BARR becomes more established, OFFS will have a stronger foundation and can begin a steady growth.
hero member
Activity: 686
Merit: 500
Day 1 is coming to a close, and we have burned 30,000 BARR in exchange for 30,000 OFFS. 

15,000 of the OFFS has been permanently burned.

We're just getting started, so stay tuned!
hero member
Activity: 686
Merit: 500
The launch has begun, happy recycling!
hero member
Activity: 686
Merit: 500
very interesting concept2

burn ALTS get BARR
burn BARR get OFFS

i like this symmetry


It does round out the project by giving an additional purpose for BARR.  For now BARR will be the main focus, but OFFS has equal potential on its own. 
hero member
Activity: 686
Merit: 500
bookmarks  Smiley

Selamat pagi!  Is it true you can buy Bitcoin at Indomaret?
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
very interesting concept2

burn ALTS get BARR
burn BARR get OFFS

i like this symmetry
sr. member
Activity: 378
Merit: 250
EthBits
newbie
Activity: 56
Merit: 0
Reading

Interesting project. Nice to see more people using the NXT platforms Smiley
Wish you good luck
hero member
Activity: 686
Merit: 500



OFFS - Altcoin Offset Credits

Recycling Altcoins, Reducing Altcoin Emissions and Pollution

The Only BARR-Certified Standard of Altcoin Offsets

Launch date November 1, 2015


http://barr.me

NXT Asset I.D. 11439988768245232566














OFFS Altcoin Offset Credits is a new asset on the NXT Asset Exchange.

OFFS are only earned via Proof-of-Burn in exchange for burning BARR (Burning Altcoins for Redemption and Reduction).  

Burning BARR by sending it back to the Burn Fund allows that BARR to be recycled and reused to take even more altcoins out of circulation;  this contribution to the ongoing efforts of BARR is rewarded with OFFS.

The goal of OFFS is to establish a voluntary standard of Altcoin Emissions Reduction which can be adopted universally by altcoin companies, projects, and developers.  






The world of cryptocurrency now exists in an overpopulated and polluted ecosystem - there are too many coins, too much garbage, and too much waste.  

Anyone who is contributing to the problem by releasing their own coins, or by profiting from the sale of these polluting coins, can offset their own pollution with Altcoin Offset Credits.  

Any project can work to remain Altcoin Emission Neutral by earning Altcoin Offset Credits, which allows them to help reduce the number of altcoins in existence.  

Groups, companies, and individual developers can proudly display their OFFS Altcoin Offset Rating to show a good faith effort to offset the pollution of altcoins, and to balance their own coin emissions by reducing and recycling other coins.

OFFS can be used as a Cap-and-Trade standard for the industry, allowing limits to be set and negotiated for any activity that stresses the market and the cryptocurrency ecosystem.  If you are over your agreed-upon limit but need to extend it, such as a limit for coin emission or pollution, you will be able to trade or buy OFFS from someone else who has earned them and hasn't used all of theirs.  

Or, for long-term purposes and any possible standing agreements that need to be irrevocable, you can burn your OFFS to set a Permanent Offset Rating that can never be reduced.

Any Altcoin Offset Rating can be independently verified through a decentralized process, simply by checking the balance of OFFS held in a given NXT account.  A rating can be made permanent by sending OFFS to the NXT Genesis Account;  these OFFS will effectively be destroyed, and the rating will be held by the owner of the account that sent the transaction.  The address of the NXT Genesis Account is NXT-MRCC-2YLS-8M54-3CMAJ









WALLETS


OFFS are sent and received from your NXT wallet – if you’ve never used NXT before, just try it.  We think you’ll be impressed.


To download the NXT client, visit http://NXT.org.  (The installation is relatively simple, but it takes a while for the blockchain to sync.)

With the NXT client, you can send, receive, and trade, all inside the wallet interface.  
That includes NXT, OFFS, BARR, and any other NXT asset as well as any currency on the NXT Monetary System, such as Nautilus.  


To use an online wallet, visit https://wallet.MyNXT.info  (It’s easy, and you can also buy and sell on the NXT exchange from your online wallet.)


Or to begin trading OFFS instantly, visit https://trade.SecureAE.com and create a username and passphrase.  (This is the fastest way to send NXT from an altcoin exchange and buy OFFS)







SPECIFICATIONS


The total maximum supply is set at 10,000,000 OFFS, with 0 OFFS in circulation at launch.

There will be no IPO, no ICO, no Pre-Sale, and no funds set aside for the devs.  

The BARR project will earn its own Altcoin Offset Rating by burning personal funds donated by the developers.

OFFS is only distributed to people who burn their own BARR - We distribute it for free, but no one can get it for free.

OFFS will be exchanged for BARR at a set rate during each burn period, and will work in tandem with BARR's burn periods.  The first burn period is November 1st through November 30th, during which OFFS will be exchanged 1 for 1 with BARR.  The exchange rate will vary for future burn periods.

For more details about burn exchanges, visit the BARR topic at https://bitcointalksearch.org/topic/ann-barr-the-only-cryptocurrency-where-no-ones-ever-lost-money-1219460






OFFS are made from 100% Recycled Altcoins.  

Before you generate one more coin, show the world that you have recycled some first.








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