Topic: [ANN] [VIRAL] [Trading Live - Bittrex + C-CEX] Advanced Development - page 175. (Read 276114 times)

I would be very interested in hearing more about this Verified component.

yea good luck with those cheap coins. guess u haven't noticed who's been lurking around this coin.

Hi

Thanks for your questions,

Viral will not be mineable. Investors earn dividends by participating in the network as nodes.

In addition, investors are rewarded by the process of sponsor revenues being used to buy up Viral off exchanges, thus reducing the supply of Viral. Here is is the simplest way to understand it:

When Viral contracts with a sponsor to place products within the Viral network, the majority of these proceeds are used to buy Viral on the open market, thus decreasing the total available coin supply and increasing the value of Viral, benefiting all holders (reduced coin supply = increased value) . The majority of these coins are in turn burnt, permanently reducing the supply of Viral. A portion of the coins will not be burnt, but returned to the most active nodes (participants) in the Viral network. The exact ratio of burnt coins to dividend coins will be determined in dialogue with the community.

Verified is not about KYC etc. Verified is a component of Viral due to be added into the platform after the initial Viral Network is in place and functioning smoothly. Verified will offer Viral network participants who have demonstrated consistent social reach in the network a way to monetize that reach. We'll be posting more details on Verified shortly.

I hope this answers your questions.

Viral Dev

If this gets too viral I will not get cheap coins!!!

So it won't be mineable? Also you mentioned verified. Does that mean releasing private identifying info? Hope not because that is not the nature of cryptos. Please explain what you mean. Also how are you going to buy coins with ad revenue when all of them will be sold to VIRAL funders? Looks like you will all be eating your own and trading within.

lol exactly.  i admit this project looks promising and i am in...but that "stock dropping off" due to "viral" and ppl taking notice...lol gtfo.  now you guys are pushing it whoever made that shit up 

it is a funny/nice coincidence but ummm yeah no, not happening.

Hi

Thanks for your understanding. Adam is definitely aware of the value of a good website.  In this situation, a very specific kind of website is required. Our website will be primarily accessible though the user's wallet, and must be tightly integrated with the Viral engine, providing a GUI for everything from our reach algorithms to user dividends. So this is what we are focusing on.

ViralDev

Well even if the OP is very detailed, someone like Adam should know that a website would be a big marketing move for a nice presentation of VIRAL to the public! If the project is aiming to be as big as it is described then a website would be the least VIRAL team could do for the crowdfunding and ICO to be more attractive for everyone out there and not just a forum thread where all kinda of people come to troll and hype altcoins!!!
Just my humble opinion as a potential investor.

watching, i hope this not to be a scam

Hi there

Viral requires a solid back end to function. This is our current priority and we are focused on assembling the right set of components for that. We are currently a team of 5 persons working together on everything from marketing to programming, and when the discussion came up of devoting someone to build out a splash website in advance of the main website, the conclusion was that it was not the best allocation of resources time-wise.

We have presented the ideas of Viral clearly and concisely in our rather detailed OP. Perhaps not as splashy as a nifty website with bells and whistles, but as Adam noted last night, we are currently frying much larger fish programming-wise. Adam is making himself available every day here on the thread, in his hosted teamspeak channel, and is also getting out the ideas of Viral in radio shows and to the tech industry at large.

There are several very interesting details of the project still to be finalized, for example, the process through which Viral will be regulating its own coin supply. We will look for community involvement on some of these beginning next week, via a working dialogue with the initial crowdfunding investors.

thanks

ViralDev

Just wondering if VIRAL is planned to come out for awile now why isnt there any dedicated website for this great project?

Hi there

There are a total of 5 million Viral. 50% of the coins are sold in the crowdfunding and the remaining  50% will be sold in the ICO. The amount of BTC invested in the crowdfunding determines how much 2.5 million Viral are worth (price discovery). The ICO price will then be set at 30% higher than the discovered price of Viral, thus rewarding crowdfunding investors.

In addition, crowdfunding investors enjoy a range of other benefits, including:

 - Private voice chat channel hosted by Adam Guerbuez and community managers
 - First mover updates on new opportunities within the Viral ecosystem
 - Reserved elite campaigns with dedicated revenue sharing for crowdfunders
 - Accelerated path towards Verified status when the Verified component of the Viral network is rolled out.

Hope this helps -

ViralDev

Everyone is talking about buying before the end of the crowdsale but what is really the disadvantage to waiting for the ICO?

Hehe maybe they are and maybe they aren't!  : - )

Haha, sounds really like a conspirancy   Why should this both happenings should be connected to each other?

Hi Everyone

Just a quick note - we have been getting some excellent questions concerning the specific mechanics of Viral, how participation in the network functions, etc   We are in the process of assembling this information into a FAQ that will be added to the OP during the next 24 hrs. If you have specific questions feel free to post them and we will make sure the information gets added.

thanks

ViralDev

Ok now I am convinced.. people just don't learn.

Okay that is cool.. If I make twitter I can get more viral?

I think the 5 BTC deposit is yours...