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Topic: [ANN][BRK] Breakout Coin | Sale June 13 2016 | Multicurrencies | Smart Contracts - page 53. (Read 243366 times)

newbie
Activity: 31
Merit: 0
technically all coins have Bergstake.. Bergstake is defined as the coinbase transaction that creates the coin. There is a plan to "burn" the Bergstake from the 7 million promotional coins. 10 million coins will be sold before launch, and 2.5 million will be retained for devs.

Breakout Coins have Bergstake. neither can be created without the other.

So what I'm asking is about what is left from the 10 million coins.

What does it mean for those coins to go to a "private sale"?

1. Will the private buyers get a better deal than the ICO investors?
2. Is Bergstake attached to coins sold in a private deal?

ICO investors are at a disadvantage because we do not yet have a functional prototype of this gaming platform. So we are taking the biggest risk, which comes with it an implicit potential for the biggest gain. Of course you haven't said this is the plan, but if coins are going to be sold at a discount privately, then it would be most fair if ICO investors were given first crack. Also, an incentive for investing in the ICO could be the Bergstake, where private buyers would not have a chance to purchase it. If they want Bergstake, then they should take their chances like the ICO buyers.


tx42, we thank you for participating in the forum and apologize about the late reply.  Hopefully, these responses will address your concerns.  Feel free to pm us anytime if you like.

!.  "private sale"  buyers will NOT get a better deal than those who bought in early.  The deal we gave was due to the change in terms and we gave the best deal that will ever be available..
2.  Yes, Bergstake will be attached to those who buy-in a private sale.  
3.  The general crypto community IS getting the first crack at all the coins and Bergstake for 30 days. If our goal is unmet, only then will we pursue participants in a "private sale."
4.  All those who participate should have the opportunity to get Bergstake, for supporting BRO and participating in the "coin sale.


The math still isn't adding up, please help me understand. This guy asked about the 10 million ICO coins. Based on what you appear to be giving away in the 30 day sale (let's say an avg 5000 BRO/BTC and assume 700 BTC is the final raised amount, or 5000*700 = 3,500,000 BRO. That leaves 6,500,000 BRO to be sold pre-launch or allocated to Bergstake for the ICO buyers.

1. I understand some % of that 10 million is allocated to Bergstake. How much?
2. How many coins will be sold after the software is completed?
3. At what exchanges will ICO buyers be able to "cash out"?
newbie
Activity: 36
Merit: 0
I'm gonna buy into this. I looks great and has a pretty good plan for it's future. Smiley
full member
Activity: 204
Merit: 100
New trouble !

When you try to make another payment specified file JSON purse and got the message:

"Insufficient funds.
The intermediate BTC address has to have at least 10000 satoshi in order to transfer the funds"

What to do?

When the dialogue box says "insufficient funds"  you can then send your btc.
newbie
Activity: 40
Merit: 0
New trouble !

When you try to make another payment specified file JSON purse and got the message:

"Insufficient funds.
The intermediate BTC address has to have at least 10000 satoshi in order to transfer the funds"

What to do?

First send BTC to your intermediate BTC adress then it will go through.
legendary
Activity: 3752
Merit: 1864
New trouble !

When you try to make another payment specified file JSON purse and got the message:

"Insufficient funds.
The intermediate BTC address has to have at least 10000 satoshi in order to transfer the funds"

What to do?
legendary
Activity: 3752
Merit: 1864
Hi !
if I want to buy extra coins - can I add Bitcoins for the same purse as when the first payment?

Yes you can,  please visit Breakoutcoin.com and use the Reuse Breakout-Wallet Tool.
ok ! thanks !
full member
Activity: 204
Merit: 100
Hi !
if I want to buy extra coins - can I add Bitcoins for the same purse as when the first payment?

Yes you can,  please visit Breakoutcoin.com and use the Reuse Breakout-Wallet Tool.
legendary
Activity: 3752
Merit: 1864
Hi !
if I want to buy extra coins - can I add Bitcoins for the same purse as when the first payment?
sr. member
Activity: 294
Merit: 250
★777Coin.com★ Fun BTC Casino!
Disclaimer: Breakout Coin and Breakout Gaming are two separate services/entities.  Breakout Coin is offering BRO coins for btc. By participating in this "coin sale," you are not purchasing interest in Breakout Gaming.  You are solely participating in the "coin sale" of a crypto coin that happens to have a gaming company that supports the BRO coin by having their chips denominated in the BRO crypto coin.

So what we buy in ICO is just a clone of Bitcoin but this coin will be supported by a gaming company, am I right?

i thinks thats about right.  also if vegas can get into this coin, it would be huge for the coin.  dont know if they are planning on doing this.  hope they do. 

that should be on the top of the post.
full member
Activity: 479
Merit: 100
Disclaimer: Breakout Coin and Breakout Gaming are two separate services/entities.  Breakout Coin is offering BRO coins for btc. By participating in this "coin sale," you are not purchasing interest in Breakout Gaming.  You are solely participating in the "coin sale" of a crypto coin that happens to have a gaming company that supports the BRO coin by having their chips denominated in the BRO crypto coin.

So what we buy in ICO is just a clone of Bitcoin but this coin will be supported by a gaming company, am I right?

i thinks thats about right.  also if vegas can get into this coin, it would be huge for the coin.  dont know if they are planning on doing this.  hope they do. 
legendary
Activity: 1098
Merit: 1000
Angel investor.
Disclaimer: Breakout Coin and Breakout Gaming are two separate services/entities.  Breakout Coin is offering BRO coins for btc. By participating in this "coin sale," you are not purchasing interest in Breakout Gaming.  You are solely participating in the "coin sale" of a crypto coin that happens to have a gaming company that supports the BRO coin by having their chips denominated in the BRO crypto coin.

So what we buy in ICO is just a clone of Bitcoin but this coin will be supported by a gaming company, am I right?
sr. member
Activity: 252
Merit: 250
full member
Activity: 204
Merit: 100
technically all coins have Bergstake.. Bergstake is defined as the coinbase transaction that creates the coin. There is a plan to "burn" the Bergstake from the 7 million promotional coins. 10 million coins will be sold before launch, and 2.5 million will be retained for devs.

Breakout Coins have Bergstake. neither can be created without the other.

So what I'm asking is about what is left from the 10 million coins.

What does it mean for those coins to go to a "private sale"?

1. Will the private buyers get a better deal than the ICO investors?
2. Is Bergstake attached to coins sold in a private deal?

ICO investors are at a disadvantage because we do not yet have a functional prototype of this gaming platform. So we are taking the biggest risk, which comes with it an implicit potential for the biggest gain. Of course you haven't said this is the plan, but if coins are going to be sold at a discount privately, then it would be most fair if ICO investors were given first crack. Also, an incentive for investing in the ICO could be the Bergstake, where private buyers would not have a chance to purchase it. If they want Bergstake, then they should take their chances like the ICO buyers.


tx42, we thank you for participating in the forum and apologize about the late reply.  Hopefully, these responses will address your concerns.  Feel free to pm us anytime if you like.

!.  "private sale"  buyers will NOT get a better deal than those who bought in early.  The deal we gave was due to the change in terms and we gave the best deal that will ever be available..
2.  Yes, Bergstake will be attached to those who buy-in a private sale. 
3.  The general crypto community IS getting the first crack at all the coins and Bergstake for 30 days. If our goal is unmet, only then will we pursue participants in a "private sale."
4.  All those who participate should have the opportunity to get Bergstake, for supporting BRO and participating in the "coin sale.
hero member
Activity: 742
Merit: 500

BRO devs:

I've got immodest sized chunks of BTC awaiting answers to my questions.  Huh Huh Huh

https://bitcointalksearch.org/topic/m.9397964
hero member
Activity: 742
Merit: 500
For the Bro ICO, is the passphrase supposed to be the "Brainwallet" ?
No. Where did you get this from?

Hi then how do we use the passphrase to redeem our BRO after ico.  didnt get any private public key
the passphrase decrypts your seed, (eseed: breakout-wallet-{btcaddr}.json) used in a deterministic private key generator.

my bad - never heard it referred to as brainwallet b4.  

A real brainwallet is a little different. The phrase itself seeds a strong hash or pseudorandom number generator like SHA256 or MT.

From what you say, the BRO passphrase decrypts the seed. It's a subtle difference.
sr. member
Activity: 410
Merit: 250
Proof-of-Skill - protoblock.com
For the Bro ICO, is the passphrase supposed to be the "Brainwallet" ?
No. Where did you get this from?

Hi then how do we use the passphrase to redeem our BRO after ico.  didnt get any private public key
the passphrase decrypts your seed, (eseed: breakout-wallet-{btcaddr}.json) used in a deterministic private key generator.

my bad - never heard it referred to as brainwallet b4. 
hero member
Activity: 742
Merit: 500
ANNOUNCEMENT

We will be making an announcement on the state of the "coin sale" Monday morning.

On a side note, what does everyone think about removing the PoW phase and going straight to Bergstake from day one.  This will eliminate the BRO coins and Bergstake issued to the "miners" and the coin network will still be supported by the Bergstake owners.  
Like a POS?

I'd vote for this.  I would have liked to see a PoW mining period, but with the alt scene in the state it is in today, PoW mining will just turn this into a dump fest.  This is a promising project and I invested 3 BTC on day one, but the alt scene is over saturated right now and there is simply not enough new investment to support the coin through an ICO and PoW phase.

This decision has already been made. The PoW is no longer under consideration.
full member
Activity: 216
Merit: 100
ANNOUNCEMENT

We will be making an announcement on the state of the "coin sale" Monday morning.

On a side note, what does everyone think about removing the PoW phase and going straight to Bergstake from day one.  This will eliminate the BRO coins and Bergstake issued to the "miners" and the coin network will still be supported by the Bergstake owners.  
Like a POS?

I'd vote for this.  I would have liked to see a PoW mining period, but with the alt scene in the state it is in today, PoW mining will just turn this into a dump fest.  This is a promising project and I invested 3 BTC on day one, but the alt scene is over saturated right now and there is simply not enough new investment to support the coin through an ICO and PoW phase.
sr. member
Activity: 410
Merit: 250
Proof-of-Skill - protoblock.com
You certainly didn't email all the investors.

there is no email list of genesis buyers. the bitcoin blockchain is our database.. welcome to crypto-currency Cactus?

Wink
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