[ANN] [SFR] SaffronCoin | Latest Version - 1.4.2/2.6.2 | Mandatory Wallet Update - page 67.

saffroncoin

hero member

Activity: 560

Merit: 500

Quote from: ?? on ??

I would say we can do 3 type:
Elite Silver: 150k ( 0% trade 0.2% share )
Elite Gold: 200k ( 0% trade 0.35% share )
Elite Platinum: 250k ( 0% trade 0.5% share )

Benefit will depend on grade so lower grade with have less benefit than higher grade.

We can come up with something better Roll Eyes

This seems better. But we need another kick-ass feature to be included for maybe Gold and Platinum users.

ChaseT

member

Activity: 70

Merit: 10

Quote from: kid_brook on September 11, 2014, 05:00:03 PM

Wow...So now , I need to accumulate so I can belong...

seriously, i'm thinking the same thing, i have only 44k sfr now

kid_brook

full member

Activity: 120

Merit: 100

Wow...So now , I need to accumulate so I can belong...

chickenfried12

legendary

Activity: 1120

Merit: 1003

I say 100-150k would be a fair number for elite status. You could then base rewards by the amount staking to reward larger holders.

saffroncoin

hero member

Activity: 560

Merit: 500

We are coding the block at which the burn should start for SFRDirect. We are thinking of having it at Sept 30. That is about 17k blocks from now considering 960 blocks/per day. As a whole figure, we are planning to keep it as at block 221500.
Lets have the burn process for 1 month which would end at block 250300. After that the production of concentrated SFR (cSFR) should stop.

saffroncoin

hero member

Activity: 560

Merit: 500

Quote from: djnocide on September 11, 2014, 11:48:17 AM

Quote from: Burninj on September 11, 2014, 11:21:14 AM

Quote from: sudoelefant on September 11, 2014, 11:09:05 AM

100k might be a little high for some, how about 50k?

No I would go for 300k, Elite is elite...

i'd say at least 250K (which is worth 7 btc at current rate). If you say elite, it have to be restricted to a few only. 50k is too ''easily'' reachable.

Looking at the rich list, many already have around 50k. 250k would be too much and I guess only the core of the community would have over that much.
100 or even 150k sounds reasonable and achievable.
If we need to keep 250k then it has to be backed with something much more amazing feature for elite members.

djnocide

legendary

Activity: 1164

Merit: 1000

Einsteinium Foundation Board Member and Treasurer

Quote from: Burninj on September 11, 2014, 11:21:14 AM

Quote from: sudoelefant on September 11, 2014, 11:09:05 AM

100k might be a little high for some, how about 50k?

No I would go for 300k, Elite is elite...

i'd say at least 250K (which is worth 7 btc at current rate). If you say elite, it have to be restricted to a few only. 50k is too ''easily'' reachable.

Burninj

legendary

Activity: 1148

Merit: 1000

Quote from: sudoelefant on September 11, 2014, 11:09:05 AM

100k might be a little high for some, how about 50k?

No I would go for 300k, Elite is elite...

sudoelefant

newbie

Activity: 8

Merit: 0

100k might be a little high for some, how about 50k?

saffroncoin

hero member

Activity: 560

Merit: 500

Quote from: gdavis024 on September 11, 2014, 08:37:04 AM

Quote from: ?? on ??

Quote from: xamido on September 11, 2014, 07:36:37 AM

Quote from: saffroncoin on September 11, 2014, 07:20:26 AM

Was just discussing on IRC about a feature like Elite Club to be included in the wallet. For eg. only those with more than 100k SFR in the wallet, can access the elite club.
Elite members will get various benefits. This would also give a reason to hold SFR especially essential for a POW coin. This is something like a Gold Membership like you get some benefits being a Gold member on various places.
At present, haven't thought of what facilities we can provide to elite members. Pho suggested that they can trade for 0% fee on cryptoxindia and also get some shares.

Can u all suggest some more?

Is selective staking possible? Right now the coin is pure POW, but what if somebody hold their 100k coin in the wallet for 2 weeks it can start staking?

They will receive % of profit from CryptoxIndia Exchange by time of they hold their coins in wallet.

Also , Holders can trade for 0% fee during holding time.

Just posted this as an idea for the SFR club on IRC, let me know what you guys thing...

SFR Boosters Club: An group of traders/investors directly associated with SaffronCoin and invitations are granted to those who are holding 100K SFR in their wallets. The main purpose of the club is to discuss future developments, fundraising, and general community support. Additionally, there will also be many benefits for those who participate. Members of the SFR Boosters Club will trade with 0 fees, recieve of portion of transaction fees from cryptoxindia?, automatically entered into a monthly raffle with great prizes, as well as direct access to the SFR development team.

Yes we need to come up with some extra ideas for the club apart from 0 fees for the exchange. Some kickass stuff where people would definitely not want to reduce their holdings under 100k just to be a member of the club.

chickenfried12

legendary

Activity: 1120

Merit: 1003

I really like the club idea. Elite club is a good name. Benefits for those that are holding instead of trading.

gdavis024

full member

Activity: 179

Merit: 100

Fighter of the Dayman

Quote from: ?? on ??

Quote from: xamido on September 11, 2014, 07:36:37 AM

Quote from: saffroncoin on September 11, 2014, 07:20:26 AM

Was just discussing on IRC about a feature like Elite Club to be included in the wallet. For eg. only those with more than 100k SFR in the wallet, can access the elite club.
Elite members will get various benefits. This would also give a reason to hold SFR especially essential for a POW coin. This is something like a Gold Membership like you get some benefits being a Gold member on various places.
At present, haven't thought of what facilities we can provide to elite members. Pho suggested that they can trade for 0% fee on cryptoxindia and also get some shares.

Can u all suggest some more?

Is selective staking possible? Right now the coin is pure POW, but what if somebody hold their 100k coin in the wallet for 2 weeks it can start staking?

They will receive % of profit from CryptoxIndia Exchange by time of they hold their coins in wallet.

Also , Holders can trade for 0% fee during holding time.

Just posted this as an idea for the SFR club on IRC, let me know what you guys thing...

SFR Boosters Club: An group of traders/investors directly associated with SaffronCoin and invitations are granted to those who are holding 100K SFR in their wallets. The main purpose of the club is to discuss future developments, fundraising, and general community support. Additionally, there will also be many benefits for those who participate. Members of the SFR Boosters Club will trade with 0 fees, recieve of portion of transaction fees from cryptoxindia?, automatically entered into a monthly raffle with great prizes, as well as direct access to the SFR development team.

gdavis024

full member

Activity: 179

Merit: 100

Fighter of the Dayman

Quote from: saffroncoin on September 11, 2014, 02:31:07 AM

Quote from: ?? on ??

So you guys take over VVXX? I dont feel very well about that. Good luck SFR.

Guys I am doing crypto full time. I have developed many projects. I was even hired to develop the alias feature of the wallet for syscoin. I have been doing many projects side by side for months. But my team has always delivered for SFR. Right?
Vvxxcoin community contacted me for developing and reviving the coin. I agreed. I do crypto for a living now.
I have done and will be doing many projects.
I don't understand the big issue behind it. Those guys are only using my name to prove legitimacy to the coin so people don't think it is another scam. I am totally fine with that . I told them that I would do a few releases for them and they need to bring in more developers.

SFR has always been priority and will always remain a priority.
I guess I am a capable dev in the industry and if I can contribute my knowledge to revive coins or make shitcoins into good coins, i would happily do it.

I hope this post gives you a clear understanding. I have made many projects before but since this is the only that is out in the open, many of you are a bit taken back.
I can assure you there is nothing to be worried about.

Cheers

Thanks for sharing/clarifying the information

I think it speaks wonders to how frequently other coins/developers reach out to you for help. You are one of the hidden treasures of the crypto world and everyone wants their piece lol also we have hands down the most feature packed wallet out of any coin and you were the first to implement the majority of features as well so why not reach out to an expert for help

lin0sspice

legendary

Activity: 1190

Merit: 1002

That why we need more holders to discuss the final decision.

shivamchawla

sr. member

Activity: 466

Merit: 250

Quote from: saffroncoin on September 11, 2014, 07:20:26 AM

Was just discussing on IRC about a feature like Elite Club to be included in the wallet. For eg. only those with more than 100k SFR in the wallet, can access the elite club.
Elite members will get various benefits. This would also give a reason to hold SFR especially essential for a POW coin. This is something like a Gold Membership like you get some benefits being a Gold member on various places.
At present, haven't thought of what facilities we can provide to elite members. Pho suggested that they can trade for 0% fee on cryptoxindia and also get some shares.

Can u all suggest some more?

Awesome idea. Specially shares one.

xamido

hero member

Activity: 532

Merit: 500

Quote from: saffroncoin on September 11, 2014, 07:20:26 AM

Was just discussing on IRC about a feature like Elite Club to be included in the wallet. For eg. only those with more than 100k SFR in the wallet, can access the elite club.
Elite members will get various benefits. This would also give a reason to hold SFR especially essential for a POW coin. This is something like a Gold Membership like you get some benefits being a Gold member on various places.
At present, haven't thought of what facilities we can provide to elite members. Pho suggested that they can trade for 0% fee on cryptoxindia and also get some shares.

Can u all suggest some more?

Is selective staking possible? Right now the coin is pure POW, but what if somebody hold their 100k coin in the wallet for 2 weeks it can start staking?

lin0sspice

legendary

Activity: 1190

Merit: 1002

Quote from: saffroncoin on September 11, 2014, 07:20:26 AM

Was just discussing on IRC about a feature like Elite Club to be included in the wallet. For eg. only those with more than 100k SFR in the wallet, can access the elite club.
Elite members will get various benefits. This would also give a reason to hold SFR especially essential for a POW coin. This is something like a Gold Membership like you get some benefits being a Gold member on various places.
At present, haven't thought of what facilities we can provide to elite members. Pho suggested that they can trade for 0% fee on cryptoxindia and also get some shares.

Can u all suggest some more?

+1 for SHARE + 0% trade.

saffroncoin

hero member

Activity: 560

Merit: 500

Was just discussing on IRC about a feature like Elite Club to be included in the wallet. For eg. only those with more than 100k SFR in the wallet, can access the elite club.
Elite members will get various benefits. This would also give a reason to hold SFR especially essential for a POW coin. This is something like a Gold Membership like you get some benefits being a Gold member on various places.
At present, haven't thought of what facilities we can provide to elite members. Pho suggested that they can trade for 0% fee on cryptoxindia and also get some shares.

Can u all suggest some more?

mm4

newbie

Activity: 43

Merit: 0