Topic: 🔴[ANN] YuTü.Co.in: 1%-2% Int. via LendFunding or Quadruple Your YTC Purchased🔴 - page 2. (Read 1370 times)

Heya. I'm fairly new to crypto, and have not taken part in any ICOs or pre-ICOs yet. This LendFunding looks interesting, by which I mean it successfully appeals to my greed... But I've also been told by everyone and their grandmother that you need to be really sceptical of promises in crypto. So now what I'm wondering is just exactly how this guaranteed interest payment will work. We buy the coin - that's fine. If it flops we still have the useless tokens in our wallet. But whether the coin flops or is a hit, for people investing at least $500 you are guaranteeing an almost 2000% return in just 150 days. That seems... too good to be true. I mean it would be great... But I don't see how that works out for you. You are trying to gather money you need now, but in five months you're sure you'll be able to pay that back twenty times over? I guess what I'm wondering is, how can you be so sure that you'll be able to back that up? If your coin fails or just doesn't succeed fast enough, how on Earth do you expect to be able to pay that kind of return?

I also have one other question, and truly I don't mean to be antagonistic here. I would love to take part in this. It's just, I don't have very much money to invest, so I want to be as confident as possible in the projects I do invest in. But... what will be the use of the coin, exactly? I've read through your site and the posts here on bitcointalk. Using youtubers who want to make money in some way that does not rely on youtube's ads sounds great... but what on Earth are yaltz good for, once they've been generated? Why would anyone want to hold on to them, instead of just selling them? I could not find information on this. I may well have missed it, but I honestly don't know.

Thank you for your time.

What we may seemingly lack during the nascent stage of development, we make up with having integrity, viz. to date our overall marketing either sucked or was nonexistent, hence seeking funding like the boys (or gals) donning adult-sized baggy scammy pants so to enter contract with a viable/renown marketing team familiar with this space in advancing awareness.

YuTü.Co.in will have tremendous value once Beta launch and beyond unlike YouTubeCoin - https://bitcointalksearch.org/topic/ytb-youtubecoin-1960168 AND https://bitcointalksearch.org/topic/ytb-youtubecoin-1946785 - founded by some Russian dude who was lucky enough to procure the domain once in my control, namely youtubecoin.com, letting it lapse because I knew that trying to build an entity around a name having YouTube in would be problematic for obvious reasons and, moreover, I felt it not important to maintain hold, falsely thinking that nobody would pick it up with the intent of building a [nefarious] site around it with quasi-mirroring YuTü.Co.in's approach. Yep, I was wrong in that thinking. And like you've alluded to, folks flocked to the rogue site thanks to his marketing efforts for a entity lacking across the board, while I to date dedicated time to fine tuning the concept, presenting it to the best of my abilities so to garner a formidable team capable of properly building and maintaining what's envisioned.

Thank you, Tilfo, for expressing your concern, whereupon given the opportunity to address it for the entity community to read.

Bruno

For making something YuTu(b)e related this project seems to fail on all lengths currently. There is absolutely no awareness about it. Seriously, even shitcoins with announcements which had only about 5 sentences and weren't even trying got more... Either you are doing a terrible job at marketing or there is just absolutely no value which could be marketed to begin with *thinking-face*

Yes, getting a copper account would have been a good idea, but probably not prudent in my case given that this and my Gleb account (perhaps others; didn't check) were banned, with the Team YTC user account started by a team member. I'm sure that others once in the same boat as I tried and succeeded in such attempts but I opted to not give theymos, admins or mods any reason to exercising permanently banning me for evading my ban. To quote Sonny Vleisides of BFL, I'm on a good track now.  Or think Cool Hand Luke - I got my mind right, boss <as I crawl outta the hole and grip theymos' ankles>. 

Oh, here's the kicker. Again, I was banned for an infraction on my part that I ceased on my own accord over three weeks ago upon learning that what I was doing - PM ad spamming to ~4 dozen users - was not allowed on this forum. During the ban, I received PMs from others in violation of exactly the same offense. Thanks to one PM, I was able to connect a many dots pertaining to the Lust Coin scam which nobody had yet posted about, but I no longer have time to play detective which I've done over the years sans accepting a single satoshi for my efforts for the betterment of the crypto community, albeit no less than tens of millions of dollars have recently been lost in this space to rogue agents even after putting in great effort exposing their scammy asses, namely the Bitconnect clones of late.

But fuck all that. I have a lot of work to do. Thanks, guys, for your support to date with this venture, as well as your kind words pertaining to other matters. As for sometimes being an asshole mainly with my Gleb account toward ventures, ~90% of them are now gone from this space, tens of millions of dollars richer, while the other ~10% I may owe an apology to, with the jury still out for most of them.

Bruno

Still watching this thread I hope everything is working great and we are on track I read the dev's situation so the need to create a newbie account, but I recommend that you get a copper account, so there will be no restrictions on your posting and for delivering the communication  in a timely manner.

Thanks much, robelneo. We promise to not let you down.

Read this important announcement on our Twitter campaign thread: https://bitcointalksearch.org/topic/m.27542764

SBD

I'm comfortable with the supply, I'm comfortable with whose running this project but of course, we need to invest what we can afford to lose, but I have confidence this team can deliver I will just have to wait in their official Ico and the development of this project, get on board this early there's exclusive offer only for Bitcointalk members.

Are you alluding to clearly "clear" should've been "clearly"? I plead tired [at the time].

Bruno

I need some clarification. You said the total supply is 31,415,926 YTC. But it appears to be much higher on Etherscan: 31415926000000000000000000

Update: Nevermind, I was looking in the wrong area. The total supply is 31,415,926 YTC

Yes; I can see you are a wordsmith.

I used to be into that kind of thing. But now I like to keep things simple. It may be less impressive to some, but it's far more effective in getting my point across to others.

It's not that the "motley crew gang of three" isn't fully committed, it's just that they're not as strong of a team needed for the task at hand. They do bring a lot to the table, but we all honestly know that a more robust committed team is warranted, they not afraid of being displaced. In fact, it'll be welcoming, where they, again, will then best serve the venture in positions they're more/most versed in.

To clarify, there are six of us currently working on the project: myself; said gang of three; a guy working on the exchange which he's versed and invested in (paid for the license some time back, of which we'll have continuous support from Modulus - mundane things free; fuller support per their rate chart, of which we'll no doubt will require on a continuous basis); and a currently unnamed advisor (he'll/we'll disclose later) who has worked with at least three ventures in the crypto space (he's a very cool straight-up guy).

Continuing to use Wordpress is a foregone conclusion. It just happens to be one of my fortes. I've explored (in recent past) what you've suggested, echoing your sentiment. It's paramount that the site is damn near 100% secure regardless the prevailing cost.

Any purchases under U$500 will be returned in 60 days as outlined in the OP. Over U$500, it's 30 days, again revisit the OP, making sure to review the interest aspect. Please inquire if unsure of any of the conditions. I tried to present it as clear as possible, hoping my prose choice wasn't lost in translation. Quick aside, I'm probably one of a handful on this board who got a perfect 800 on the math section of the SAT (circa 1978), solving all the problems in my head (never put #2 pencil to paper, provided as a scratch pad) but continually practice at being a wordsmith. The ONLY reason I got a 760 on the English/comprehensive aspect of the SAT is because I approached it logically - out of four answer choices for the problematic questions, two were obviously incorrect, so I chose one of the remaining two that seemed the most logical answer. But I digress.

Thanks again for allowing me to address your concerns, and thanks kindly for your anticipated support.

Bruno

In speaking of your current marketing team, you said, "the current motley crew gang of three will be placed in departments best suited for their skill sets if opting to stay onboard."

This seems to imply they are not fully committed. Am I correct to assume this?

By the way, I recommend using the Genesis framework as it is reliable and SEO friendly (assuming you will be using Wordpress). And if you do use Wordpress, then I recommend Wordfence for security. A higher end product is Sucuri. Both are great.

From what I understand, any money I give towards purchasing tokens will be returned to me in 60 days. Is that correct?

Now I need to take a pill because the questions are getting tougher. Shoot! I just remembered that I don't take pills. 

Thanks, again, bud, for your inquiries.

Bruno

How close are you to your pre ICO funding goal?

Do you have a marketing plan for the ICO? Experienced marketing team?

Are you currently working on building up a social media presence?

I like the idea of supporting Youtubers. Especially since there is so much censorship going on at the moment. Have you consulted with any big names on Youtube who may be willing to support your cause (both within the crypto space and other genres)? If so, who?

By the way, David Seaman is a popular voice on Youtube and is a big cryptocurrency advocate. He has had a lot of issues with censorship on Youtube. You might want to reach out to him for support. Here's a link to his channel: https://www.youtube.com/user/davidseamanonline   

Will the tokens work with Metamask?

Currently, YTC as being sold for U$0.01 each. At the start of the ICO, they'll be offered starting at U$0.10. My best guess is that shortly after being listed on three exchanges come February 1, 2018, the exchange rate will approach very close to U$1.00 each.

I hope that was clear, bud, but if not, please inquire anew.

Bruno


And you should heed warnings about guarantees with it comes to interest payments pertaining to lending programs that's makin' the rounds. But our LendFunding program is a limited offer to garner ONLY U$50K as a funding effort prior to the official ICO. To be clear, our platform is NOT a lending program. Our LendFunding initiative was created solely to reward early supporters in giving them as much bag for their buck as possible.

For instance, if a supporter purchases U$100 worth of YTC prior to February 1, 2018, they'll immediately receive 10000 YTC. They'll also receive 1 PAQ (a virtual miner to mine YouTuber's tokens, in non-technical terms). Furthermore, the same supporter will have their U$100 returned to them no later than 60 days from the day of the purchase, along with earning 1% interest compounded daily, of which the interest can be withdrawn no earlier than 30 days, again, after the day of the purchase. Thereafter, the supporter will have the option of continually taking interests or letting it ride to maturity, namely 240 days for the 1% Tier plan (150 days for the 2% Tier plan).

We're not talkin' 'bout a whole lot of money, hence it'll be very easy to honor our interest payment schedule even if max purchases across the board.

Again, YTC is distributed immediately where the purchaser maintains complete control of their tokens. We will not have/maintain an exchange trading YTC internally.

Principal and interest payments will be paid either via BTC or ETH unless requesting other on a case-by-case basis.

Feel free to poke me some more if you're still not clear on anything.

Thanks kindly for your questions, bud.

Bruno

I have seen warnings about guarantees when it comes to interest payments. How can you guarantee 1% or 2% daily interest? How will you be able to afford to pay out so much in interest? Is the amount paid out in interest in Bitcoin or the YTC coin itself? Please explain this more (without getting too technical).

 sir how much 1 YTC in usd?

Yes, this is the Pre-ICO offering.

Total supply is 31,415,926 YTC.

We'll consider this better than Bitconnect's lending program because our LendFunding model doesn't rely on a continuous supply of participants who'll reap their respective interest benefits while having full control of purchased YTC tradeable on at least three exchanges outside our control come February 1, 2018. We're only raising a hard cap of $50K via our Pre-ICO with this lending program opposed to Bitconnect continuously garnering new supporters where they control a majority of their token with most trading on an exchange which, again, they control.

YuTü.Co.in's business model centers around augmenting revenue streams for YouTube creators, moreover, giving back a source of income to YouTubers who've been barred from monetizing their channels because of content et al.

If I missed the mark in addressing your questions and concerns, please reply in kind.

Bruno

This is a pre ICO offer?

What will the total supply of tokens be?

How is this better than Bitconnect?

What problem will the tokens solve? Of what benefit will they be to consumers?

Bumping again to let you guys aware of our very active Twitter campaign/bounty: https://bitcointalk.org/index.php?topic=2656390.20

Bruno