Author

Topic: [ANN] WorkBase [Signature Campaign from 17 December 2018] (Read 280 times)

newbie
Activity: 4
Merit: 0
Nice to see you will run signature campaign. Can you please tell when you will announce it? hopefully think will work with you.

Signature campaign starts on 17 December 2018. Signature code will be posted before the campaign starts.
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
Nice to see you will run signature campaign. Can you please tell when you will announce it? hopefully think will work with you.
newbie
Activity: 4
Merit: 0
algo pow?


Algo is Workbase POS. No POW.
newbie
Activity: 4
Merit: 0
Reserved for updates
newbie
Activity: 4
Merit: 0
Abstract

To create a very simple, smart, safe, secure and stable coin as an efficient alternative medium of payment between parties similar to fiat,  dreaming about to be used as one of the storable crypto currency by banks when banks decide to store cryptocurreny. WorkBase is such a blockchain of generic multifunctional store house of different digital content ranging between simple asset management and distributed ledger system.

WorkBase is launched as a Waves Asset. The mainnet launch is scheduled on 11 January 2019. Token swap occurs on the day through one of the listing exchange. Buy and hold your WBC token.

Upon mainnet launch, the swap supporting exchange will be announced. Move your WBC to the exchange and withdraw mainnet coins to your mainnet wallet. 0.001 Waves is dropped to the WBC holding addresses to help the transaction cost. Start staking then.  

Dormant Coin Drop :

For years, there are stupendous amount of people tried their best to innovate the blockchain by creating many new coins/tokens. Some of them seems to be dead or abandoned by dev or community due to various parameters. Whatever may be, the end user who holds such tokens can't find a go. There were money, time and efforts spent lie unused. Why don't we select such coins and swap into WBC. We all together find the dormant coins/tokens for the swap. If one of WBC's listing exchange supports the swap process, it will be done on the exchange. Otherwise, WBC website will host the entire swap process. Complete swap process will be announced ahead of the mainnet launch. If you all totally disagree, then I will defer Dormant coin drop. All 7000 WBC will be shared to the buyers in Waves DEX for free. If we select very few coins for swap, then unallocated WBC will be shared to the buyers in Waves DEX.


Dormant Coin Proposal:

Suggest me coins/tokens to include into swap process.

7000 WBC / Total number of coins for swap

[I will work on coin weighage after the coins are selected. All coins are not created equal.]

How many WBC you get?

If 1000 coins are selected at equal weighage. 7 WBC is allocated for a coin.

Coin A Circulating Supply is 100,000,000 [Only circulating supply is calculated]
You hold 100000 coins
1 share = 7/100,000,000
Your share in WBC = 100,000 * 1 share.



Waves Asset : Asset ID will be published in few hours. Don't buy anything until
You requre 0.003 Waves to initiate a trade. Move enough BTC to your Waves Wallet
Make sure you back up the seed phrase of the Waves Wallet you wish to hold WBC until swap



Mainnet Launch : 11 January 2019

github source code with working wallets released to the public.
Discord server will be created to provide support.


Before 100,000 Blocks Reach :

Around 12 paid/free exchanges - WBC/BTC pair.
Integration into any payment gateways, firms that works with different crypto coins if available.
No Transaction fees.
Website Launch.

100,000 Blocks Reach :

Stage 1 Roadmap Announcement - Listing on exchanges, partnerships, marketing are not part of the Roadmap.
Transaction Fee Introduction
Future Reserve -180 WBC will be unlocked for staking and used for marketing.



WorkBase Coin Specification

Ticker: WBC
Algo : WorkBase Algo
Total Supply : 125,010,000
Premine : 10000 WBC
Block Time : 1 Minute
Block Reward POS : 20 WBC per block until 100 M is minted.
Yearly Stake : 1 M Yearly stake in total for the next 25 years once 100 M is minted.



Premine Distribution :

Waves Dex - 2000 WBC.

Dormant Coin Drop -7000 WBC

Signature Campaign - 800 WBC

Translation - 5 WBC will be shared between translations [0.01 BTC will be for each translation after successful token sales]

Free Exchange listing - 10 coins will be shared between listing exchanges.

Discord Invite Bounty - 5 WBC shared between 500 people

Future Reserve - 180 WBC



Signature Campaign : Starts on 17 December 2018

Four Week Campaign. Each week 200 WBC is shared.

Payout Dates - 23 December 2018, 30 December 2018, 6 January 2019, 13 January 2019


Stakes :
Legendary/Hero/Senior -1 Stake per post.
Full Member/Jr. Member -0.5 stake per post.
Newbies with 60+ posts - 0.25 Stake per post.
Newbie with < 60 posts - 0.1 Stake per post.


A post can receive the stake if it is relevant to the thread and has a minmimum of 80 characters.


[Upon successful token sales and mainnet launch, 0.5 BTC will be shared between campaign users]
 


Fund Allotment :

Dev. fund, Exchange listing, Website and Icon.
Unused BTC funds after 200,000 WBC blocks will be refunded back.
The WBC website serve ads from various sources. A part of the revenue will be paid back to the early buyers every month until all collected BTC is refunded back thus making the coin absolutely free later.
A very rare case if mainnet launch is delayed, a 1% interested will be added to the btc refund fund for every delay day.



Cons

Be cautious with your time and money spent on WBC. There are valid cons you must know before you accumulate tokens from Waves DEX.

I am the only dev until mainnet launch. I will be staying anonymous all the time.
Mainnet is not launched yet.
No website and no social media accounts. This thread is the only way to communicate until 11 January 2019
Future reserve WBC will be unlocked for staking after 100,000 blocks.
Also, follow jurisdiction laws in your premises that treats crypto holdings before making a buy or claim.



I request your wishes for a smooth and successful launch of the mainnet, then build great tech in the long run.



CHANGELOG

Post Creation : 13 December 2018
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