Topic: [ANN] TATIANA COIN - the 1st Artist Coin Creation launches on XCP (Read 14454 times)

Whats going on with this coin?
No one posting here for a long time.

If the minimum isn't reached, everyone will be refunded (minus the tx fee to send it back), the coin won't be created and Tatiana will try things a little differently.

Coinpowers requires you to at least click through to a guest account because this is very experimental and we want you to be aware of the risk.  You don't have to give us your info (register an account) but you do have to agree that you saw the terms and conditions.

Not exactly sure the purpose of this even after reading the entire thread :/

Hi, I will be donating for some Tatiana coin, but I do have two questions.

What does the "$25,000 minimum goal" mean? If $25K isn't reached, what happens?

And curious if you know why CoinPowers.com requires an account to be set up, rather than letting parties simply send Bitcoin to a specific address (as with the MaidSafe sale).

Is there any new features about this coin? Pos algorithm?

Why do you choose to allocate the coins on a daily basis?

 Please do not send donations from HOSTED wallets ( Coinbase, Bitstamp.. etc)

Attention Tatiana Coin Backers: Every day of the Tatiana Coin campaign, 100,000 TC are be allocated to backers based on their donations during that 24hr period (Pacific timezone).  At the end of the event, there will be 3,000,000 Tatiana Coins in existence that will be distributed to those donors.  You may donate in Bitcoin (BTC) or Counterparty (XCP) - Donations and values are based on their US dollar value at the end of the day. There will only ever be 3,000,000 TATIANACOIN (TC), they will all be distributed to donors within a week of the end of the campaign at which point the asset issuance will be LOCKED.   Future token based fundraising done by Tatiana will come from selling TC that she recieves back from owners of TC who use it to buy rewards from her.
 
BEFORE YOU DONATE:
TatianaCoin is a User Created Asset built on top of CounterParty which is built on top of Bitcoin.  Please visit http://counterwallet.co to create a free Multi-Wallet which is able to control and spend Bitcoin, XCP, Tatianacoin and any number of other User Created Assets built on Counterparty.   While it is technically possible to donate from a normal Core Bitcoin, Blockchain.info or Armory Wallet client your wallet will not be able to see the TatianaCoins we send back until its private key has been imported into CounterWallet - Save yourself the headache and generate a free wallet at http://counterwallet.co
 
Please do NOT donate from wallets where you're not able to control your keys (such as a withdrawl from an exchange) - If you've already done this please contact us
 
If you don't have Bitcoin or XCP and want to participate, you can acquire Bitcoins at http://localbitcoins.com or http://coinbase.com.  Once you've acquired them, send your desired donation amount to your new CounterWallet Address (Make sure to write down the simple twelve word passphrase, it IS your private key!) and once it's in your Counterwallet, you should send small portions of it each day.
 
Because we allocate 100,000 TC per day not matter how many donations come in, it means that some days you'll get more TC for your donation than others.  The worst strategy is to send your entire donation on one day because while it might give you a very large share of that days allocation, it's only 100,000 of the total 3,000,000 that'll be given out.  It makes much more sense to donate every day for two weeks which will give you a smaller portion of a much larger pool - 1.4 million.   If you're a large donor (1BTC total and up) you're encouraged to contact our VIP concierge service that will manage your daily send if you don't want to (for a small fee)
 
So as we've mentioned a few times, this is a big experiment.  We have a crazy pricing model because we don't know what a fair price for the first Artistcoin is and want your help in figuring it out.  We love large donations, but we'd rather you get the most bang for your buck within the rules of the fundraiser than give in one chunk as an inefficient if altrustic gesture.
 
Thanks for participating, and for the feedback - it's been very instructive, please keep it coming!
 
Adam B. Levine
CVO, CoinPowers.com