Topic: [ANN] Physical Litecoins by the Litecoin Foundation - page 4. (Read 8324 times)
great idea
Sounds good, I loved the "affordable for everyone" part 
Sounds good I love physical coins! I would be after both the half and full ounce rounds for sure.
Make the half Oz in - 1-10 LTC
Full Oz in 25, 50, 75, 100 LTC
Make the half Oz in - 1-10 LTC
Full Oz in 25, 50, 75, 100 LTC
reserved.
Hi All,
I have been a long time supporter of physical crypto and I am a strong supporter of Mike Caldwell's (Casascius) physical Bitcoins. I hold a significant amount and own at least one of every coin he has made. I think his efforts have done well for BTC and we would like to do the same for LTC. Since we are pretty much going to be copying his work, I just wanted to give credit to where it was due.
In order to promote LTC I and a few other key LTC supporters feel that an affordable physical Litecoin should be available to the community. We will be doing this project at cost, it will not be for profit. That means you will be able to get the lowest priced physical LTC that can be made.
For example we expect to be able to make the base 1 oz silver coins with the holograms for less than $35. Our goal will be $30 or less. This means the base silver coin and hologram will cost the buyer only 13 LTC or less, plus the face value of the coin.
We will be minting 1/10th, ½, and 1oz .999 fine silver rounds with different denominations. We will also be selling an especially low cost item with no metal (think credit card) for the absolute lowest cost physical LTC. This will be made in the range of 1 to 1000 LTC for the easiest and cheapest way to transport LTC physically.
We have the funding and we have our suppliers set up, all we need from the community is for you to tell us exactly what you want. We think we have a pretty good idea but if we can improve on anything Mike has done please let us know.
Also are you an artist? Want to design a coin or card? Please contact me A.S.A.P.
We are not taking preorders, you can not reserve orders at this time, and we expect to be shipping in 2 to 3 months. We will only be accepting LTC as payment. Also prices are subject to change and will match our real costs.
Thank you all for your support.
I have been a long time supporter of physical crypto and I am a strong supporter of Mike Caldwell's (Casascius) physical Bitcoins. I hold a significant amount and own at least one of every coin he has made. I think his efforts have done well for BTC and we would like to do the same for LTC. Since we are pretty much going to be copying his work, I just wanted to give credit to where it was due.
In order to promote LTC I and a few other key LTC supporters feel that an affordable physical Litecoin should be available to the community. We will be doing this project at cost, it will not be for profit. That means you will be able to get the lowest priced physical LTC that can be made.
For example we expect to be able to make the base 1 oz silver coins with the holograms for less than $35. Our goal will be $30 or less. This means the base silver coin and hologram will cost the buyer only 13 LTC or less, plus the face value of the coin.
We will be minting 1/10th, ½, and 1oz .999 fine silver rounds with different denominations. We will also be selling an especially low cost item with no metal (think credit card) for the absolute lowest cost physical LTC. This will be made in the range of 1 to 1000 LTC for the easiest and cheapest way to transport LTC physically.
We have the funding and we have our suppliers set up, all we need from the community is for you to tell us exactly what you want. We think we have a pretty good idea but if we can improve on anything Mike has done please let us know.
Also are you an artist? Want to design a coin or card? Please contact me A.S.A.P.
We are not taking preorders, you can not reserve orders at this time, and we expect to be shipping in 2 to 3 months. We will only be accepting LTC as payment. Also prices are subject to change and will match our real costs.
Thank you all for your support.
Announcing the Litecoin Foundation's physical Litecoin project.
The Litecoin Foundation was formed in 2012 to help protect and promote Litecoin. In this spirit we are going to make physical Litecoin affordable for everyone.
The Litecoin Foundation has loaned 25,000 LTC to fund the physical Litecoin project. The physical Litecoin project will be organized and managed by Chaang-Noi a.k.a Goat.
The Litecoin Foundation was formed in 2012 to help protect and promote Litecoin. In this spirit we are going to make physical Litecoin affordable for everyone.
The Litecoin Foundation has loaned 25,000 LTC to fund the physical Litecoin project. The physical Litecoin project will be organized and managed by Chaang-Noi a.k.a Goat.
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