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Topic: [ANN][ICO ] Europe’s Finest Lending Platform- Finecoin (Read 1261 times)

newbie
Activity: 1
Merit: 0
Finecoin has been paying every single day, and the bonus percentages being payed out in their staking is extremely realistic. People have been complaining about the "low" bonuses, but the truth is, all of these systems/platforms that paid high interest rates didn't last long. Bonuses are between 0.50% and 0.60%, sometimes slightly lower right now.

The hosted staking system has slowly been proving way more sustainability then lending. I am happy with Finecoin right now, and I think it is one of the few platforms that will last.
full member
Activity: 476
Merit: 100
Zoukcoin, another lending platform, turned out a scam. I hope finecoin will be different. I lost trust to all lending platforms.
This requires us to learn more from the team, and if they are a group of knowledgeable and prestigious people, they do not want to do so. I believe FINECOIN will show itself.
newbie
Activity: 126
Merit: 0
this finecoin project are amazing and awesome, I see and feel this project has a bright future,hope to see more update for this
newbie
Activity: 98
Merit: 0
Zoukcoin, another lending platform, turned out a scam. I hope finecoin will be different. I lost trust to all lending platforms.
member
Activity: 252
Merit: 10
a very promising project and I hope this project will bring us good benefits in the future.
newbie
Activity: 8
Merit: 0
Buy 100 FINE coins for 0.0125 BTC, my telegram: @bezgranichnyj
newbie
Activity: 1
Merit: 0
Dear FineCoin Community,

Today is the last FineCoin ICO round!

And we want to make it really special for FINE Community.

So after the ICO, we'll add a Special Round (invites only).

The best part is, anyone can get an invitation.

==> As you might know, we offered our community to return their FINE Coins if they didn't like that we are switching to Hosted Staking.

In total, we bought back a bit more than 150 000 FINE Coins for an average price of $0.53.

So here's the deal, if you participate in Today's ICO Round - You will receive The Invitation to The Special Round.

Where you will have the chance to buy FINE Coins for only 53 cents.

To sum-up:

  • Only if you participate in today's round
  • And buy FINE Coins
  • You will be invited to The Special Round
  • Where you can buy FINEs for $0.53
Amazing, huh?

& there is more, The Special Round won't have any minimums and the max buy is 4 000 FINE Coins.

Good luck to everyone.

And Thank You for all your support!

The FineCoin Team

Congrats on selling out the ICO so quickly. Will you be providing information on how to mine FINE?

newbie
Activity: 42
Merit: 0
Dear FineCoin Community,

Today is the last FineCoin ICO round!

And we want to make it really special for FINE Community.

So after the ICO, we'll add a Special Round (invites only).

The best part is, anyone can get an invitation.

==> As you might know, we offered our community to return their FINE Coins if they didn't like that we are switching to Hosted Staking.

In total, we bought back a bit more than 150 000 FINE Coins for an average price of $0.53.

So here's the deal, if you participate in Today's ICO Round - You will receive The Invitation to The Special Round.

Where you will have the chance to buy FINE Coins for only 53 cents.

To sum-up:

  • Only if you participate in today's round
  • And buy FINE Coins
  • You will be invited to The Special Round
  • Where you can buy FINEs for $0.53
Amazing, huh?

& there is more, The Special Round won't have any minimums and the max buy is 4 000 FINE Coins.

Good luck to everyone.

And Thank You for all your support!

The FineCoin Team
newbie
Activity: 42
Merit: 0
Fineciun The project coins are amazing and awesome, I see and feel this project has a bright future. I will always monitor this project good luck Grin Grin

Thank you for your kind words. We will do anything that is possible to create an amazing project and be one of the most successful coins in 2018.  Cool

And I want to let you all know, that today is the LAST day of our ICO. So don't be late for it and let's build FineCoin together!  Shocked
sr. member
Activity: 537
Merit: 252
Fineciun The project coins are amazing and awesome, I see and feel this project has a bright future. I will always monitor this project good luck Grin Grin
newbie
Activity: 42
Merit: 0
hey Lucas,
With so many changes in last few days, don't you think the road map needs changes here and there ?


Hello, thank you for your concerns.  Cool
Changes have been made.  Wink
newbie
Activity: 81
Merit: 0
this project will dominate the lending platform this year!! go finecoin
newbie
Activity: 7
Merit: 0
hey Lucas,
With so many changes in last few days, don't you think the road map needs changes here and there ?
newbie
Activity: 42
Merit: 0
Hi Cooltywattor,

Thank you for all your questions. Here are the answers Wink


Quote
Now, can you explain us what is that crucial difference between "Lending" and "Hosted Staking" which will make this system more sustainable?
Btw - lending is legal in US! Scamming people isn't!

The difference is that we will move from lending to hosted staking and from interest to staking bonus.

Several states are slowly placing regulations that will make it really hard for Lending Platforms to exist and Texas already has already issued Cease and Desist order for DavorCoin - http://www.the-blockchain.com/2018/02/04/davorcoin-served-cease-desist-texas-state-securities-board/


Quote
How you are going to produce FINE to pay the interest? You can't get nowhere near enough just by mining and staking, so - what magic you planning to use to create it?

Here's an update on Staking from Mike Michaels - https://www.youtube.com/watch?v=3PweL4SVrl8&t=4s


Quote
Not likely. Traders looking for exchanges with more trading options, and you will have just FINE pairs (correct me if I'm wrong). So, you will attract just ones who wants to invest in your platform.

Within time we will offer trading with other pairs not just FINE Coin. FineCoin's benefit is that it will be an exchange with Hosted Staking capabilities.


Quote
Well - staking is legal, and lending is legal too. Although - I'm not quite sure about your "hosted staking". It would be nice if you can explain us in more details what is exactly "hosted staking", how it works and why is much more profitable then regular staking?

Here's a Q&A session with Mike Michaels that should answer all your questions, let me know if you would like us to clarify something else - https://www.youtube.com/watch?v=YHUpoD-CPec&t=1s


Quote
LOL - This is funny! Did you actually contacted Bittrex, Bitfinex, or any other major exchange on this matter?
 
No, we haven't contacted these platforms, because we are not ready. All these major exchanges have criteria that enable Crypto Currencies to be listed there. And most, if not all the Lending Coins cannot meet these criteria. But by switching to Hosted Staking we will be eligible for these exchanges, of course, this is not an easy process.

newbie
Activity: 42
Merit: 0
I joined by registering with the following link, but did not receive my 10coins.

"
If you join us by registering to link below, you will receive 10 coins instantly.

https://www.finecoin.io/#/register?referral=bitcointalk"

Hi, This promotion was available only during the Pre-ICO phase.

newbie
Activity: 6
Merit: 0
I joined by registering with the following link, but did not receive my 10coins.

"
If you join us by registering to link below, you will receive 10 coins instantly.

https://www.finecoin.io/#/register?referral=bitcointalk"
newbie
Activity: 3
Merit: 0
You have interesting announcement on your website, and I would like to break it down a bit and ask you for some clarifications.

Quote
Dear FineCoin community,

In the last period, we have been analyzing every aspect of other similar platforms and after extensive discussions with our advisory board, we concluded that a slightly different strategy would better benefit our investors as well as the platform itself.

We understand that having a happy community is the key to success and would like to involve every member of our platform in the decision that will decide our future.

Our plan is to replace the "Lending" part of our platform with "Hosted Staking", which are very similar but unlike lending, the staking is completely legal in the US and a lot more sustainable.

Now, can you explain us what is that crucial difference between "Lending" and "Hosted Staking" which will make this system more sustainable?
Btw - lending is legal in US! Scamming people isn't!

Quote
The most important benefits of Hosted Staking would be:

1. A more sustainable platform that can last years, it will depend less on new blood than lending platforms.

Again - please explain what will make it sustainable for years and on what it will depend if not on new blood?

Quote
2. The interest will be paid in FINE. When the price of the coin goes up, you will get the same number of coins at the end of the staking period, contrary to lending where you may end up having less coins than when you started.

How you are going to produce FINE to pay the interest? You can't get nowhere near enough just by mining and staking, so - what magic you planning to use to create it?

Quote
3. A lot more predictable interest, because staking has an exact percentage the minimum interest will always be higher than with lending.

This makes may previous question even more interesting.

Quote
4. Adding more and more crypto currencies to our platform, it means we would attract a lot of traders looking just to exchange their coins, this would allow FINE holders to easily change their coins into any other coin from our platform.

Not likely. Traders looking for exchanges with more trading options, and you will have just FINE pairs (correct me if I'm wrong). So, you will attract just ones who wants to invest in your platform.

Quote
5. Due to the US regulations, and the fact that a big part of our community is US based, this won't be blocked by its legislation, as staking is completely legal.

Well - staking is legal, and lending is legal too. Although - I'm not quite sure about your "hosted staking". It would be nice if you can explain us in more details what is exactly "hosted staking", how it works and why is much more profitable then regular staking?

Quote
6. This will allow us to be listed on Bittrex, Bitfinex and any other major exchange without any restrictions.
 

LOL - This is funny! Did you actually contacted Bittrex, Bitfinex, or any other major exchange on this matter?


Thanks in advance for your answers!
newbie
Activity: 7
Merit: 0
but finecoin using ripple .... awesome  Cool Cool Cool
also, ICO ending earlier than expected.
newbie
Activity: 42
Merit: 0
newbie
Activity: 1
Merit: 0
When is the predicted date for the interneal exchange and how much after until the lending. Ive seen having the exchange with no lending for too long make the program go right down the crapper as people are ancy with coins and end up selling.
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