Topic: [ANN] [RNC] Renascence Coin & Exchange | IPO, Profit Shares, POS (Read 17630 times)

i read his this is the next thing with rolleyes more like

this is the next shareXcoin ........

so many scammers in the community,
really tired of them.

you know i know, right , so i pass

So Hero member doing escrow are shady and you who posts as a newbie are trustful
Worst excuse for not wanting escrow.
Together with your reference to mintpal...
It just looks like you want your piece of the cake and the mintpal fiasco gave you a bad idea...
(such as "... and if it was me who was running with people btc and not them"  ).

lets call your coin an attempt to scam people and move on...  

no escrow is definitely a scam!
dev choose one ,or the community will throw you!

 NO  

Better to watch this,...

i dont knw if its just me but excuse me for being so cautious here but announcement sounds like this



if you are not please provide your bios asap

scam coin link with probably same dev here

https://bitcointalksearch.org/topic/ann-orthocoin-ortho-full-of-features-pod-35-x13-launched-788907

https://bitcointalksearch.org/topic/ann-skynet-snet-x11-limited-pow-variable-pos-market-fund-761880

again if you are not prove it show bios asap thanks

Using an archaic version of a word in order to be original?

Not very original.

Oh good, please provide real contact information, not just a generic email.

The teams' bios will be coming soon, as well as a FAQ section.

Perhaps we could have been more clear in our ANN, but we ARE starting a new exchange--Renascence Exchange. It will simply be built upon the Mintpal V1 platform, because frankly, we can bring it up to speed for a lot less expense (and time) than we could by creating our own from scratch.

There are two reasons for running this as an IPO:
1) The extra funds will allow us to get everything up and running sooner, by providing the means to hire extra full-time and part-time staff to expedite the process. 
2) We really do want this to be a community project, and we think that offering profit shares is the best way to get the community involved.

Where are you guys from? Do you have a phone number?

If the community would rather, we could use a trusted escrow service such as Moolah.  .....Oh wait!  Nevermind, I think we'll remain responsible for these funds ourselves, and not trust third party escrow services with our investors' money.

no offense, but mintpal will never become anything no more.
it has lost its credibility, everybody wants his btc out and never return there no more, its imho useless to put effort and money into this.

furthermore, why dont u start your own exchange without an ipo? there is nothing special about mintpal..and they have managed to ruin their name within 4 weeks.
you can get a new name, new management, no debts (if there are any)


you wouldn't need extra funds to restore anything if you just start your own exchange..


all in all it doesnt sound good or attractive to me at all.

good luck though, especially to people pouring their money in.

This response actually makes more sense than I want it to.

We've only been launched for half a day, and already almost 10% of the stage 1 IPO are sold. It looks like you're not the only one who thinks that!

Our team discussed escrow possibilities at length in our preliminary planning meetings, as we anticipated that many potential investors would see the lack of escrow as a concern.  First, let me point out that RNC will be available for purchase on the exchange shortly after launch, so latecomers will still be able to participate in the profit shares program (assuming initial investors take the opportunity to lock in some profit and sell a portion of their IPO coins).

Regarding escrow, it is of paramount importance to the Renascence team that we remain responsible for our funding, our exchange, and our reputation. Too many bad actors in crypto are making shady deals, and then blaming their mistakes upon situations and events which were "outside their control." The reason for us not using escrow, is that we want to remain in control of the investor funds at all times, since ultimately, we are the ones responsible (and answerable to the community) for their proper use and allocation.

If you have reservations about investing in the early stage of the IPO, then be assured that there are no hard feelings--you are always welcome to buy RNC off the exchange after the launch, or just watch from a distance if that's your style.

Thank you for your question though, and for your interest in this project. Welcome to Renascence

So you want people here to send you 200 BTC without any escrow?

Everything seems like a scam to someone who has been scammed. And rightly so, as I would wager that most of us here were scammed by Moolah/Mintpal during this last fiasco.

While there are good exchanges currently available for people to use, ever since Mintpal V1 fell from grace, there has not been a solid exchange whose sole focus is on good, established, and legitimate coin projects. This is the role Renascence is going to adopt. A cryptocurrency exchange built by the community, for the community.