Topic: [ANN][STD] StandardCoin - BUILT-IN EXCHANGE - Permanently Rising Rate - page 38. (Read 48005 times)

new standardcoin pool:http://std.vkter.com

accepting registration now

std ? Scam to disguise ?

To ensure a smooth launch, password protected wallet will be uploaded today.

Lol

That sounds wrong mate, Sexually Transmitted Diseases. No offence to the coin or the dev.

I want some STD's

wat

hmm......

Get lost, retarded scammer.

Algorithm
Scrypt

Total Coin
400,000,000 coins

Block Time
60 seconds

Block Rewards
100 StandardCoin Per Block halving every about 12 month

Difficulty
Retargeting using Kimoto Gravity Well algorithm




Guaranteed Exchange Rate:
StandardCoin at a specific time has Guaranteed Exchange Rate (GER). You can sell StandardCoin for Bitcoin at anytime you like with any amount at the GER. GER depends on 2 factors:

• The Accumulative Market Capacity (AMC) of StandardCoin: total number of BTC that was used to buy StandardCoin. This number can only increase overtime (No matter how many people sell StandardCoin for Bitcoin, this number won't drop drop)
  
• The Maximum Money Supply (MMS) of StandardCoin: the fixed number of total StandardCoin in the network: 400,000,000 coins.
  

The GER of StandardCoin is computed as follow: deviding AMC by MMS. AMC always increases and MMS is a constant. As a result, GER can only rise over time.

Store Selling Price
You can buy STD from the store anytime at the Store Selling Price (SSP).
SSP depends on 2 factors:

• The current Accumulative Market Capacity (AMC) of StandardCoin: total number of BTC that was used to buy StandardCoin. This number can only increase overtime (No matter how many people sell StandardCoin for Bitcoin, this number won't drop drop)
• The stored StandardCoin (SSTD): the amount of StandardCoin left in the store (This includes the initial 200,000,000 STD and the STD the investors dump in the future)

The SSP of StandardCoin is computed as follow: deviding AMC by SSTD and multiplied by 4. SSP rises overtime as AMC is rising. But SSP may also reduce if investors are dumping their coins at GER.

AMC Rounds
AMC won't be increased immideatedly after an investors deposit BTC. It will increase step by step. The next AMC will be 2x the current AMC. This also makes GER increase step by step, next GER equal to 2x the previous GER. AMC is seperated to rounds to enusre all investors in the current round is buying at the same price not matter how many they buy.

Initial Price Valuation Phase:
25% of the MMS, which are equal to 100,000,000 STD, will be offered for the initial investors. In this phase, investors can deposit into exchange with their BTC to acquire shares of 100,000,000 STD. At the end of Initial Price Valuation Phase, investors will receive a number of STD based on their invested BTC over the total total invested BTC. Total Invested Bitcoin in this phase is the initial AMC, which is used to calculate GER of StandardCoin

Free Market Phase - Help GER to rise permanently
After the Initial Price Valuation Phase, each STD has GER value against BTC. StandardCoin is now freely traded over the markets. You can exchange STD to BTC at anytime with any amount you like without affecting the GER. Meanwhile, new investors are still able to invest in StandardCoin by exchanging their BTC for a share of the stored STD. This will increase the AMC. As a result, GER increases as well. Again, STD holder can exchange their STD back to BTC at the current GER without causing it to fall. That is why STD price increases permanently.

AMC miners - Building up the AMC
AMC Miners are the miners that will mine at a Private Multipool. Instead of mining STD directly. AMC miners will mine other profitable altcoins and receive payment in STD. The mined altcoins will be automatically exchanged to BTC, these BTC will then be added to the total AMC. Which will help increase the GER. There is 100,000,000 STD being spread out to AMC miners. The longer the AMC miners mine the more valuable STD become.

When is StandardCoin launched?
StandardCoin will be launched at 2014/03/25 16:00:00 EST.
You can check the countdown on StandardCoin website for an accurate time.
https://standardcoin.net/

How do I benefit from StandardCoin?
There are 2 ways to benefit from StandardCoin:

• Join The Initial Price Valuation Phase
• Buy StandardCoin at a fixed rate after the Initial Price Valuation Phase is ended

(Click here for a detailed explaination)

How do I join The Initial Price Valuation Phase?
You can Join the Initial Price Valuation Phase by:
    1. Visit https://standardcoin.net/price_valuation
    2. Click the "Click Here to Invest" button
    3. Enter your STD address.
    4. Send Bitcoin to the BTC address which is associated with your STD address.
    5. After the Valuation Phase is ended, you will receive your shared STD to your STD address.

How long is the Initial Price Valuation Phase?
The Initial Price Valuation Phase will be started at the same time coin is launched. It will last for 8 days.
After 8 days, Initial Investors will receive their shared STD to their STD address.
An exchange will also be launched at: https://standardcoin.net/exchange
New Investors will be able to buy STD at a fixed rate.
Miner will be able dump their coins at GER rate.

Is there a point when there is not enough BTC to buy back all STD at the GER?

Can I trust the exchange with all my investment?

How secured is the exchange?