[...]I am quite sure you will find some way of having me illustrated on the subject?
Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 277. (Read 1356147 times)
August 20, 2014, 06:52:20 PM
August 20, 2014, 06:44:25 PM
For those that have trouble understanding euphemisms:
- "Expand" = Bringing in someone that actually knows what he is doing.
- "Another set of capable hands" = Bringing in someone who actually knows what he is doing.
Oh I'll keep on translating...
- "Expand" = Bringing in someone that actually knows what he is doing.
- "Another set of capable hands" = Bringing in someone who actually knows what he is doing.
Oh I'll keep on translating...
Weren't you just all about a supposed "Vericoin Day"?
Seems someone is butthurt that their idea is not going to happen.
I was all about doing something to get somewhere.
I withdrew of "my idea" shortly after corroborating that it did not have the enthusiastic support I demanded (and the idea required), from the dev team.
Oh and I was as critic as you can be of three stooges running this project long before I tried to salvage it, so nothing to do with "Vericoin Day".
August 20, 2014, 06:25:49 PM
Quote
get very valuable technology that no other crypto coin has
So if no other Crypto has it then there is no historical proof to back up that it will raise the price. If this technology is as good as your saying it would have been released already.
The devs admitedly are important for the price in the short term but long term it's more about the services built around the coin that will raise the price. I'm learning to code myself for this exact reason. Also if we are wanting to become a currency that is used for everyday purchases then we should be focusing our attention on knocking down the barriers of entry to purchase Vericoin. The proposed idea of Veribit in reverse using coinbase to give the illusion that it is a direct purchase is a brilliant idea from the devs.
August 20, 2014, 06:22:37 PM
Popcorn.gif *in before long rant from barb 
August 20, 2014, 06:16:45 PM
For those that have trouble understanding euphemisms:
- "Expand" = Bringing in someone that actually knows what he is doing.
- "Another set of capable hands" = Bringing in someone who actually knows what he is doing.
Oh I'll keep on translating...
- "Expand" = Bringing in someone that actually knows what he is doing.
- "Another set of capable hands" = Bringing in someone who actually knows what he is doing.
Oh I'll keep on translating...
Translate teamwork, respect, optimistic.
Key aspects you seem to severely lack. since you claimed to have invested in this coin I will respect you for that. You also have the right to be cautious too, that i agree on with you.
However, calling people clowns or worst judge someone you have never met, yet here you are bashing away. I previously mentioned this: You are harsh and quick to judge.
August 20, 2014, 06:07:56 PM
For those that have trouble understanding euphemisms:
- "Expand" = Bringing in someone that actually knows what he is doing.
- "Another set of capable hands" = Bringing in someone who actually knows what he is doing.
Oh I'll keep on translating...
- "Expand" = Bringing in someone that actually knows what he is doing.
- "Another set of capable hands" = Bringing in someone who actually knows what he is doing.
Oh I'll keep on translating...
Weren't you just all about a supposed "Vericoin Day"?
Seems someone is butthurt that their idea is not going to happen.
August 20, 2014, 06:01:10 PM
For those that have trouble understanding euphemisms:
- "Expand" = Bringing in someone that actually knows what he is doing.
- "Another set of capable hands" = Bringing in someone who actually knows what he is doing.
Oh I'll keep on translating...
- "Expand" = Bringing in someone that actually knows what he is doing.
- "Another set of capable hands" = Bringing in someone who actually knows what he is doing.
Oh I'll keep on translating...
August 20, 2014, 05:49:58 PM
I agree with Pat, focus on whatever you guys have to announce, then once that is in place, let the team & community weight in on this.
The requested amount is a lot, however without knowing who this talented dev is it might be hard to convince others
Never a bad idea to expand & grow your team if the dev is indeed worth it .
The requested amount is a lot, however without knowing who this talented dev is it might be hard to convince others
Never a bad idea to expand & grow your team if the dev is indeed worth it .
August 20, 2014, 05:48:21 PM
While Project Juggernaut has its merits I'm with Pat I would like the full name location and past work experience of this 4th Dev if we are to give him 1 million VRC, Since he has agreed to a tiered payout systems would he be willing to begin work on a trial basis if say the first 100k or 150k are raised, I'm sure that if he proves his worth then the donations will come flowing in and also I agree donations for this should go to the VeriFund to keep things above board, all in all if this 4th Dev is willing to compromise with us then I support this wholeheartedly we could always use another set of experienced hands working on furthering VRC
August 20, 2014, 05:42:50 PM
im loving this .. finally ppl ignoring barabbas lol ...
Whose barabbas? Oh yeah...I don't give a shit. 
August 20, 2014, 05:32:32 PM
im loving this .. finally ppl ignoring barabbas lol ...
August 20, 2014, 05:26:51 PM
PROJECT JUGGERNAUT
-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team. Vericoin would immediately get very valuable technology that no other crypto coin has. He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation. This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.
-drkman/snapples/BigSnapples
-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team. Vericoin would immediately get very valuable technology that no other crypto coin has. He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation. This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.
-drkman/snapples/BigSnapples
I like the premise but to be honest, I haven't reviewed his work besides the websites related to them... so we aren't quite ready to sign off yet on this project. But if someone wants to help VeriCoin in ways we haven't considered as this developer appears to have suggested, there's no reason why we wouldn't be accepting of them. I am very concerned about the raising of almost 4% of the total coinage for a single person, however. I'm not sure it can be done. Yes, I will donate 50,000 coins myself if I believe it will benefit VeriCoin sufficiently.
The other devs and I haven't had much time to focus on this yet as we're working on what we were planning on announcing this past weekend. We will discuss this thoroughly after the announcement and will give it our due diligence. Of course, we'll have to talk to this potential developer, too.
It's also important to note that VeriCoin is not the project of the developers but the owners. Anyone can build anything for it. That's the beauty of open source. So if the community is on board, we will support the plans of the community. Keep the good ideas rolling in and if 1M VRC can be raised for a 4th developer, who's to say they don't belong?
+1
Sadly, we have morons in the house...
August 20, 2014, 05:24:06 PM
PROJECT JUGGERNAUT
-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team. Vericoin would immediately get very valuable technology that no other crypto coin has. He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation. This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.
-drkman/snapples/BigSnapples
-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team. Vericoin would immediately get very valuable technology that no other crypto coin has. He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation. This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.
-drkman/snapples/BigSnapples
I like the premise but to be honest, I haven't reviewed his work besides the websites related to them... so we aren't quite ready to sign off yet on this project. But if someone wants to help VeriCoin in ways we haven't considered as this developer appears to have suggested, there's no reason why we wouldn't be accepting of them. I am very concerned about the raising of almost 4% of the total coinage for a single person, however. I'm not sure it can be done. Yes, I will donate 50,000 coins myself if I believe it will benefit VeriCoin sufficiently.
The other devs and I haven't had much time to focus on this yet as we're working on what we were planning on announcing this past weekend. We will discuss this thoroughly after the announcement and will give it our due diligence. Of course, we'll have to talk to this potential developer, too.
It's also important to note that VeriCoin is not the project of the developers but the owners. Anyone can build anything for it. That's the beauty of open source. So if the community is on board, we will support the plans of the community. Keep the good ideas rolling in and if 1M VRC can be raised for a 4th developer, who's to say they don't belong?
+1
August 20, 2014, 05:13:02 PM
PROJECT JUGGERNAUT
COMMITMENT OF DEVELOPMENT FUNDS; BOUNTY ADDRESS VVdqRP1Dmb6b7Q7hTK6eDk8pphf8mpV9n6
-What is Project Juggernaut?
A Juggernaut , in current English usage, is a literal or metaphorical force regarded as mercilessly unstoppable and I hope to help make it apply to Vericoin.
Project Juggernaut is a project I've been working on to recruit a very special 4th Developer permanently into the Vericoin family and integrate his first of its kind technology into the Vericoin codebase. The ultimate goal of which is to strengthen the longterm foundation of Vericoin and ultimately position Vericoin as a Top 5 coin in altcoin market capitalization. To achieve this I am asking the Vericoin community to consolidate a compensation package for this developer and his team and the connections that come with him. The above VRC wallet is a special wallet to be used solely for this purpose and is being maintained by me. Another address that the community chooses can also be utilized but the stipulations of the contract will dictate that all these funds will be refunded to donators if this 4th Dev is not brought in.
-How much is the compensation?
The requested compensation is 1 million VRC that only pays out to the new Dev as our mkcap rises and certain price milestones are crossed. (as an example, [email protected], [email protected], [email protected], [email protected],....)
This is a great deal for the community because it means the new Dev is so confident that his ready to launch technologies and his joint work with the Vericoin Devs will make the price rise substantially, that he is willing to only be paid when he proves this fact with actual results that the community highly values. I am requesting for each Vericoin holder to try to donate 10%-20% of their holdings to make Project Juggernaut happen. I will personally be donating 50k VRC for my part in this endeavor and I have verbal commitments that atleast one of our Devs will match that donation if the community supports this so we are already 10% of the way there.
-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team. Vericoin would immediately get very valuable technology that no other crypto coin has. He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation. This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.
-But who are you?
When I first got into mining I saw that Darkcoin was the future in a world of junk coins and only mined and bought that. And I see a similar opportunity here with Vericoin if we can make this a reality. I probably own more Vericoins than every single person reading this thread and have staked since early June so I have a huge vested interest in the longterm price appreciation of this coin. Hence my efforts in bringing in new top quality talent and technology to Vericoin.
-So how do I make money by giving up money??
It's a rising tide lifts all boats scenario. For example, in Timeline 1 the community bickers and trashes the idea and noone donates. In that timeline you have 50k VRC @ .0001 = 5BTC.
In Timeline 2 the community rallies and we raise the funds and complete Project Juggernaut. The Dev announcement alone makes VRC double to .0002 and the coming new tech rallies VRC to .0003. Instead of 50k VRC you have 40k because you previously donated 20% to the new Dev. However, the price of VRC is now .0003 so your 40k VRC is now worth 12BTC! Representing a whopping 140% gain over Timeline 1. AND WE ARE JUST GETTING STARTED! This part is obviously not guaranteed and represents a prediction on my part but it very useful as an example of how spending a little can earn you alot.
-I'm in, how do we make this happen?
I've created the bounty wallet above that will only do 2 things. Pay Dev 4 at the agreed upon VRC price levels, or return funds to donators if we can't raise enough to bring him onboard. Just donate to it and label the sending address in your wallet so you can keep track. The hardest part is getting the ball rolling. If we have other escrows the community likes then let's use them. The key is not to lose this opportunity based on personal greed, inaction, or infighting.
-drkman/snapples/BigSnapples
10 to 20% of our holding doesn't represent the same amount of money for everyone. The first time I heard of Vericoin I bought at 29k sat. I bought a lot at 43k sat. COMMITMENT OF DEVELOPMENT FUNDS; BOUNTY ADDRESS VVdqRP1Dmb6b7Q7hTK6eDk8pphf8mpV9n6
-What is Project Juggernaut?
A Juggernaut , in current English usage, is a literal or metaphorical force regarded as mercilessly unstoppable and I hope to help make it apply to Vericoin.
Project Juggernaut is a project I've been working on to recruit a very special 4th Developer permanently into the Vericoin family and integrate his first of its kind technology into the Vericoin codebase. The ultimate goal of which is to strengthen the longterm foundation of Vericoin and ultimately position Vericoin as a Top 5 coin in altcoin market capitalization. To achieve this I am asking the Vericoin community to consolidate a compensation package for this developer and his team and the connections that come with him. The above VRC wallet is a special wallet to be used solely for this purpose and is being maintained by me. Another address that the community chooses can also be utilized but the stipulations of the contract will dictate that all these funds will be refunded to donators if this 4th Dev is not brought in.
-How much is the compensation?
The requested compensation is 1 million VRC that only pays out to the new Dev as our mkcap rises and certain price milestones are crossed. (as an example, [email protected], [email protected], [email protected], [email protected],....)
This is a great deal for the community because it means the new Dev is so confident that his ready to launch technologies and his joint work with the Vericoin Devs will make the price rise substantially, that he is willing to only be paid when he proves this fact with actual results that the community highly values. I am requesting for each Vericoin holder to try to donate 10%-20% of their holdings to make Project Juggernaut happen. I will personally be donating 50k VRC for my part in this endeavor and I have verbal commitments that atleast one of our Devs will match that donation if the community supports this so we are already 10% of the way there.
-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team. Vericoin would immediately get very valuable technology that no other crypto coin has. He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation. This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.
-But who are you?
When I first got into mining I saw that Darkcoin was the future in a world of junk coins and only mined and bought that. And I see a similar opportunity here with Vericoin if we can make this a reality. I probably own more Vericoins than every single person reading this thread and have staked since early June so I have a huge vested interest in the longterm price appreciation of this coin. Hence my efforts in bringing in new top quality talent and technology to Vericoin.
-So how do I make money by giving up money??
It's a rising tide lifts all boats scenario. For example, in Timeline 1 the community bickers and trashes the idea and noone donates. In that timeline you have 50k VRC @ .0001 = 5BTC.
In Timeline 2 the community rallies and we raise the funds and complete Project Juggernaut. The Dev announcement alone makes VRC double to .0002 and the coming new tech rallies VRC to .0003. Instead of 50k VRC you have 40k because you previously donated 20% to the new Dev. However, the price of VRC is now .0003 so your 40k VRC is now worth 12BTC! Representing a whopping 140% gain over Timeline 1. AND WE ARE JUST GETTING STARTED! This part is obviously not guaranteed and represents a prediction on my part but it very useful as an example of how spending a little can earn you alot.
-I'm in, how do we make this happen?
I've created the bounty wallet above that will only do 2 things. Pay Dev 4 at the agreed upon VRC price levels, or return funds to donators if we can't raise enough to bring him onboard. Just donate to it and label the sending address in your wallet so you can keep track. The hardest part is getting the ball rolling. If we have other escrows the community likes then let's use them. The key is not to lose this opportunity based on personal greed, inaction, or infighting.
-drkman/snapples/BigSnapples
Today I bought more than 20k vrc expecting an annoncement from the Devs. This annon is supposed to be impressive. For me to trust and invest in your idea I will have to see the results of the secret annon that we are all expecting.
All together to get all my vericoin I have already spent 41 BTC. Some people had only to invest ten time less to get the same amount of vrc than I possess. So 10% is not the same for someone who had the chance to get their Vrc right from the first 2 weeks.
August 20, 2014, 04:57:13 PM
project juggernaut is a great idea but i don't think we will get the donations needed... its simply too much... too bad though cause sounds great
Only a certain kind of individual would state this without knowing absolutely anything about the individual proposed. No need to state which.
August 20, 2014, 04:51:41 PM
PROJECT JUGGERNAUT
-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team. Vericoin would immediately get very valuable technology that no other crypto coin has. He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation. This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.
-drkman/snapples/BigSnapples
-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team. Vericoin would immediately get very valuable technology that no other crypto coin has. He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation. This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.
-drkman/snapples/BigSnapples
I like the premise but to be honest, I haven't reviewed his work besides the websites related to them... so we aren't quite ready to sign off yet on this project. But if someone wants to help VeriCoin in ways we haven't considered as this developer appears to have suggested, there's no reason why we wouldn't be accepting of them. I am very concerned about the raising of almost 4% of the total coinage for a single person, however. I'm not sure it can be done. Yes, I will donate 50,000 coins myself if I believe it will benefit VeriCoin sufficiently.
The other devs and I haven't had much time to focus on this yet as we're working on what we were planning on announcing this past weekend. We will discuss this thoroughly after the announcement and will give it our due diligence. Of course, we'll have to talk to this potential developer, too.
It's also important to note that VeriCoin is not the project of the developers but the owners. Anyone can build anything for it. That's the beauty of open source. So if the community is on board, we will support the plans of the community. Keep the good ideas rolling in and if 1M VRC can be raised for a 4th developer, who's to say they don't belong?
Whatever comes of this, any donations should go to the VeriFund. I don't think any serious investor would send funding anywhere else. See Pat's signature for the addresses.
August 20, 2014, 04:51:12 PM
PROJECT JUGGERNAUT
-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team. Vericoin would immediately get very valuable technology that no other crypto coin has. He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation. This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.
-drkman/snapples/BigSnapples
-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team. Vericoin would immediately get very valuable technology that no other crypto coin has. He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation. This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.
-drkman/snapples/BigSnapples
I like the premise but to be honest, I haven't reviewed his work besides the websites related to them... so we aren't quite ready to sign off yet on this project. But if someone wants to help VeriCoin in ways we haven't considered as this developer appears to have suggested, there's no reason why we wouldn't be accepting of them. I am very concerned about the raising of almost 4% of the total coinage for a single person, however. I'm not sure it can be done. Yes, I will donate 50,000 coins myself if I believe it will benefit VeriCoin sufficiently.
The other devs and I haven't had much time to focus on this yet as we're working on what we were planning on announcing this past weekend. We will discuss this thoroughly after the announcement and will give it our due diligence. Of course, we'll have to talk to this potential developer, too.
It's also important to note that VeriCoin is not the project of the developers but the owners. Anyone can build anything for it. That's the beauty of open source. So if the community is on board, we will support the plans of the community. Keep the good ideas rolling in and if 1M VRC can be raised for a 4th developer, who's to say they don't belong?
PROJECT FOUR STOOGES
If you still had any doubts, stooge number one just cleared it out: VeriCoin is, as long stated before, a ship without a helm, a hen without a head destined to doomdom if not saved by the community. Oh, the three stooges say they are still on board -they own the coins, we know that-, but for all intents and purposes, Elvis has left the building, I know you all know what I mean.
THAT said, I will propose PROJECT FOUR STOOGES. No the community is in no disposition to help (much) at present, but you guys do not need the help. Oh, morally we all be rooting for this project like we have not rooted for anything before and, who knows, when the coin reached 30k, the disposition will indeed have changed. Quite a bit.
So, once again, put your money where your mouth is. Why only 50k VRC each? Make it a round 100k each and get Juggernaut, aka the 4th stooge. That would be 400k right there. I'm sure he will be in in a flash is you tell them this is ready to go from start, right now. You want me to handle the negotiations? I guarantee he will agree...
So lets stop the bull and get the ball rolling. You will benefit and so will the entire community. And then, it will be the time, with factual results (we are talking here a couple of days, this is crypto!-, there will be the time to ask the community to pony up for the rest of the deal. So what say you? If you are willing to pony up 50k, you should be equally willing to double that to make it happen.
Otherwise it simply won't.
August 20, 2014, 04:33:48 PM
PROJECT JUGGERNAUT
-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team. Vericoin would immediately get very valuable technology that no other crypto coin has. He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation. This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.
-drkman/snapples/BigSnapples
-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team. Vericoin would immediately get very valuable technology that no other crypto coin has. He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation. This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.
-drkman/snapples/BigSnapples
I like the premise but to be honest, I haven't reviewed his work besides the websites related to them... so we aren't quite ready to sign off yet on this project. But if someone wants to help VeriCoin in ways we haven't considered as this developer appears to have suggested, there's no reason why we wouldn't be accepting of them. I am very concerned about the raising of almost 4% of the total coinage for a single person, however. I'm not sure it can be done. Yes, I will donate 50,000 coins myself if I believe it will benefit VeriCoin sufficiently.
The other devs and I haven't had much time to focus on this yet as we're working on what we were planning on announcing this past weekend. We will discuss this thoroughly after the announcement and will give it our due diligence. Of course, we'll have to talk to this potential developer, too.
It's also important to note that VeriCoin is not the project of the developers but the owners. Anyone can build anything for it. That's the beauty of open source. So if the community is on board, we will support the plans of the community. Keep the good ideas rolling in and if 1M VRC can be raised for a 4th developer, who's to say they don't belong?
August 20, 2014, 04:26:25 PM
project juggernaut is a great idea but i don't think we will get the donations needed... its simply too much... too bad though cause sounds great
August 20, 2014, 04:07:42 PM
PROJECT JUGGERNAUT
COMMITMENT OF DEVELOPMENT FUNDS; BOUNTY ADDRESS VVdqRP1Dmb6b7Q7hTK6eDk8pphf8mpV9n6
-What is Project Juggernaut?
A Juggernaut , in current English usage, is a literal or metaphorical force regarded as mercilessly unstoppable and I hope to help make it apply to Vericoin.
Project Juggernaut is a project I've been working on to recruit a very special 4th Developer permanently into the Vericoin family and integrate his first of its kind technology into the Vericoin codebase. The ultimate goal of which is to strengthen the longterm foundation of Vericoin and ultimately position Vericoin as a Top 5 coin in altcoin market capitalization. To achieve this I am asking the Vericoin community to consolidate a compensation package for this developer and his team and the connections that come with him. The above VRC wallet is a special wallet to be used solely for this purpose and is being maintained by me. Another address that the community chooses can also be utilized but the stipulations of the contract will dictate that all these funds will be refunded to donators if this 4th Dev is not brought in.
-How much is the compensation?
The requested compensation is 1 million VRC that only pays out to the new Dev as our mkcap rises and certain price milestones are crossed. (as an example, [email protected], [email protected], [email protected], [email protected],....)
This is a great deal for the community because it means the new Dev is so confident that his ready to launch technologies and his joint work with the Vericoin Devs will make the price rise substantially, that he is willing to only be paid when he proves this fact with actual results that the community highly values. I am requesting for each Vericoin holder to try to donate 10%-20% of their holdings to make Project Juggernaut happen. I will personally be donating 50k VRC for my part in this endeavor and I have verbal commitments that atleast one of our Devs will match that donation if the community supports this so we are already 10% of the way there.
-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team. Vericoin would immediately get very valuable technology that no other crypto coin has. He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation. This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.
-But who are you?
When I first got into mining I saw that Darkcoin was the future in a world of junk coins and only mined and bought that. And I see a similar opportunity here with Vericoin if we can make this a reality. I probably own more Vericoins than every single person reading this thread and have staked since early June so I have a huge vested interest in the longterm price appreciation of this coin. Hence my efforts in bringing in new top quality talent and technology to Vericoin.
-So how do I make money by giving up money??
It's a rising tide lifts all boats scenario. For example, in Timeline 1 the community bickers and trashes the idea and noone donates. In that timeline you have 50k VRC @ .0001 = 5BTC.
In Timeline 2 the community rallies and we raise the funds and complete Project Juggernaut. The Dev announcement alone makes VRC double to .0002 and the coming new tech rallies VRC to .0003. Instead of 50k VRC you have 40k because you previously donated 20% to the new Dev. However, the price of VRC is now .0003 so your 40k VRC is now worth 12BTC! Representing a whopping 140% gain over Timeline 1. AND WE ARE JUST GETTING STARTED! This part is obviously not guaranteed and represents a prediction on my part but it very useful as an example of how spending a little can earn you alot.
-I'm in, how do we make this happen?
I've created the bounty wallet above that will only do 2 things. Pay Dev 4 at the agreed upon VRC price levels, or return funds to donators if we can't raise enough to bring him onboard. Just donate to it and label the sending address in your wallet so you can keep track. The hardest part is getting the ball rolling. If we have other escrows the community likes then let's use them. The key is not to lose this opportunity based on personal greed, inaction, or infighting.
-drkman/snapples/BigSnapples
COMMITMENT OF DEVELOPMENT FUNDS; BOUNTY ADDRESS VVdqRP1Dmb6b7Q7hTK6eDk8pphf8mpV9n6
-What is Project Juggernaut?
A Juggernaut , in current English usage, is a literal or metaphorical force regarded as mercilessly unstoppable and I hope to help make it apply to Vericoin.
Project Juggernaut is a project I've been working on to recruit a very special 4th Developer permanently into the Vericoin family and integrate his first of its kind technology into the Vericoin codebase. The ultimate goal of which is to strengthen the longterm foundation of Vericoin and ultimately position Vericoin as a Top 5 coin in altcoin market capitalization. To achieve this I am asking the Vericoin community to consolidate a compensation package for this developer and his team and the connections that come with him. The above VRC wallet is a special wallet to be used solely for this purpose and is being maintained by me. Another address that the community chooses can also be utilized but the stipulations of the contract will dictate that all these funds will be refunded to donators if this 4th Dev is not brought in.
-How much is the compensation?
The requested compensation is 1 million VRC that only pays out to the new Dev as our mkcap rises and certain price milestones are crossed. (as an example, [email protected], [email protected], [email protected], [email protected],....)
This is a great deal for the community because it means the new Dev is so confident that his ready to launch technologies and his joint work with the Vericoin Devs will make the price rise substantially, that he is willing to only be paid when he proves this fact with actual results that the community highly values. I am requesting for each Vericoin holder to try to donate 10%-20% of their holdings to make Project Juggernaut happen. I will personally be donating 50k VRC for my part in this endeavor and I have verbal commitments that atleast one of our Devs will match that donation if the community supports this so we are already 10% of the way there.
-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team. Vericoin would immediately get very valuable technology that no other crypto coin has. He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation. This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.
-But who are you?
When I first got into mining I saw that Darkcoin was the future in a world of junk coins and only mined and bought that. And I see a similar opportunity here with Vericoin if we can make this a reality. I probably own more Vericoins than every single person reading this thread and have staked since early June so I have a huge vested interest in the longterm price appreciation of this coin. Hence my efforts in bringing in new top quality talent and technology to Vericoin.
-So how do I make money by giving up money??
It's a rising tide lifts all boats scenario. For example, in Timeline 1 the community bickers and trashes the idea and noone donates. In that timeline you have 50k VRC @ .0001 = 5BTC.
In Timeline 2 the community rallies and we raise the funds and complete Project Juggernaut. The Dev announcement alone makes VRC double to .0002 and the coming new tech rallies VRC to .0003. Instead of 50k VRC you have 40k because you previously donated 20% to the new Dev. However, the price of VRC is now .0003 so your 40k VRC is now worth 12BTC! Representing a whopping 140% gain over Timeline 1. AND WE ARE JUST GETTING STARTED! This part is obviously not guaranteed and represents a prediction on my part but it very useful as an example of how spending a little can earn you alot.
-I'm in, how do we make this happen?
I've created the bounty wallet above that will only do 2 things. Pay Dev 4 at the agreed upon VRC price levels, or return funds to donators if we can't raise enough to bring him onboard. Just donate to it and label the sending address in your wallet so you can keep track. The hardest part is getting the ball rolling. If we have other escrows the community likes then let's use them. The key is not to lose this opportunity based on personal greed, inaction, or infighting.
-drkman/snapples/BigSnapples
Would you happen to be a prince from Nigeria with money sitting in an account and need Vericoins to get it back??
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