Topic: [ANN][CWC] Clockwise Coin -official (Read 16993 times)
Necro is strong with this one
We need more information about the project! If this is a good project for all of us, we are grateful for that!
This project was a good idea and it is too bad it is buried here under many crappy projects...
The i guess you need to change you plan.
Still didn't succeed to find anyone that want to manage the fund raising, and also no progress in development.
1.
We still need to look for a project manager and for people to code.
2.
The chances to reach a successful development and a high quality final product increase in relation to the amount of funds raised (more funds = higher chances)
3.
If we’ll not succeed to start the development, the funds raised will be returned to the addresses from which they were sent. We’ll try to postpone as much as possible the spending of the funds. For example: by offering bounties instead of salaries.
4.
I am aware to the concern about IPO scam possibility. This is why I am looking for well-known person to be the trustee of the funds.
Because I can't code it alone.
How much money do we need in order to start the coding? Or we still have to look for the people to code?
I'm thinking the same thing. Also are the developer's confident that they can deliver? What happen to the funds if they also don't? There's been a multitude of IPO scams going on here so having a coin released in beta would help or giving a stake to the developers instead of funds would lend credibility and faith in the project itself. The concept is a good one though as it tackles a huge issue with Bitcoin and other cyrptocurrencies out there.
I guess this will take forever. Ethereum have whitepaper and a solid team of developers and yet they still have not released their software. Imagine this only have whitepaper. This might take about 6 months to get started.
We still need to look for a project manager and for people to code.
2.
The chances to reach a successful development and a high quality final product increase in relation to the amount of funds raised (more funds = higher chances)
3.
If we’ll not succeed to start the development, the funds raised will be returned to the addresses from which they were sent. We’ll try to postpone as much as possible the spending of the funds. For example: by offering bounties instead of salaries.
4.
I am aware to the concern about IPO scam possibility. This is why I am looking for well-known person to be the trustee of the funds.
Then there is no need to gather fund for BTC or announcing it yet. Why not start it and take risk... release IPO ir whatever when is ready?
Because I can't code it alone.
How much money do we need in order to start the coding? Or we still have to look for the people to code?
I'm thinking the same thing. Also are the developer's confident that they can deliver? What happen to the funds if they also don't? There's been a multitude of IPO scams going on here so having a coin released in beta would help or giving a stake to the developers instead of funds would lend credibility and faith in the project itself. The concept is a good one though as it tackles a huge issue with Bitcoin and other cyrptocurrencies out there.
I guess this will take forever. Ethereum have whitepaper and a solid team of developers and yet they still have not released their software. Imagine this only have whitepaper. This might take about 6 months to get started.
Then there is no need to gather fund for BTC or announcing it yet. Why not start it and take risk... release IPO ir whatever when is ready?
Because I can't code it alone.
How much money do we need in order to start the coding? Or we still have to look for the people to code?
I'm thinking the same thing. Also are the developer's confident that they can deliver? What happen to the funds if they also don't? There's been a multitude of IPO scams going on here so having a coin released in beta would help or giving a stake to the developers instead of funds would lend credibility and faith in the project itself. The concept is a good one though as it tackles a huge issue with Bitcoin and other cyrptocurrencies out there.
I guess this will take forever. Ethereum have whitepaper and a solid team of developers and yet they still have not released their software. Imagine this only have whitepaper. This might take about 6 months to get started.
Then there is no need to gather fund for BTC or announcing it yet. Why not start it and take risk... release IPO ir whatever when is ready?
Because I can't code it alone.
How much money do we need in order to start the coding? Or we still have to look for the people to code?
I'm thinking the same thing. Also are the developer's confident that they can deliver? What happen to the funds if they also don't? There's been a multitude of IPO scams going on here so having a coin released in beta would help or giving a stake to the developers instead of funds would lend credibility and faith in the project itself. The concept is a good one though as it tackles a huge issue with Bitcoin and other cyrptocurrencies out there.
Then there is no need to gather fund for BTC or announcing it yet. Why not start it and take risk... release IPO ir whatever when is ready?
Because I can't code it alone.
How much money do we need in order to start the coding? Or we still have to look for the people to code?
Then there is no need to gather fund for BTC or announcing it yet. Why not start it and take risk... release IPO ir whatever when is ready?
Because I can't code it alone.
Then there is no need to gather fund for BTC or announcing it yet. Why not start it and take risk... release IPO ir whatever when is ready?
oh so you are like the middleman of this project. How much do they expect to get from this work? Would they be interested in releasing alpha/beta to those who are curious about this project?
There is no alpha/beta yet. The only thing we have right now is the white paper. We didn't start to develop the protocol. Actually, I'll not do it myself. We need to find development manager first.
oh so you are like the middleman of this project. How much do they expect to get from this work? Would they be interested in releasing alpha/beta to those who are curious about this project?
So what is the use of the funds?
We need to raise funds to pay the developers who work at this project, and to the project managers. I’ll probably ask for small percentage of those funds to myself as the entrepreneur of the project.
So what is the use of the funds?
Will all the premine (20%!!!) get dirstibuted amongst early investors?
It is not premine. It is early issuing. Yes, all the 20% of the CWC issued in the early issuing will be distributed amongst investors in the fund raising by the mechanism described in the white paper. The payment to the development team of the project shall be taken only from the bitcoins raised in the fund raising.
Issuing:
20% of the coins will be issued in an early issuing for the investors funding the project.
Oh pllluuuuuuusssseeeeeeaaaassssssseeee....lordy lord have mercy on these scammers......what funding?.....
20% of the coins will be issued in an early issuing for the investors funding the project.
Oh pllluuuuuuusssseeeeeeaaaassssssseeee....lordy lord have mercy on these scammers......what funding?.....
innovation. good.
Will all the premine (20%!!!) get dirstibuted amongst early investors?
Most likely will be distributed into the devs pockets.
There is no excuse for a 20% premine. None. Nada. Absolutely ridiculous.
Will all the premine (20%!!!) get dirstibuted amongst early investors?
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