Topic: [....] ART issue - The Mug #004 included - crowdfunding the project... (Read 7054 times)

I am closing this thread for now and starting a new clean one.
This new form thread will be used used to answer questions, deliver important announcements about the projects and so on.

Cheers and thank you for your support. Lets move to next phase.
 

Here is one more mug.
This one is different. It has a rough surface texture and has some cool "rusty" spots on the handle. It feels nice in the hand. The weight of this stoneware mug is 515 grams of high fired clay and glaze.


This one is also available for 5 BTC (+S&H). This includes 100 virtual ART tokens (0,05 BTC a pop)
PM me for details and lets find this rough stoneware mug a happy owner.

It seemed you only got delisted because you talked about Open Transactions on poitr_n's thread about #assets-otc.  It was a real eye opener for me and I don't think anyone would or should use the #asset-otc service.

LOL!
Usagi (Oliver), how stupid are you? I was lucky to get out of this "service" at so early stage! As it turned out, this "service" was just a joke. Read the rest of the thread.
Only person you discredit with this nonsense is yourself, usagi.
Now, go and troll some other thread

WARNING: EskimoBob's security was delisted and banned from assets-otc.

Thank you for quoting  out of context! Brilliant way to show what kind of a scumbag and liar you are. Bravo!

Another offtopic rant from Usagi, who wasted and swindled away thousands of investors BTC.
First, let me ask this, what happened to your post count number? You had about 1000 posts and look at you now, only 157 posts. Nice job deleting your crap from the forum.
And now, tell us all how many thousands of investors BTC you lost thanks to your own stupidity and incompetence? Was it close to 7500 BTC? (look it yup, it's in one of your posts)
Usagi, please crawl back to that hole you game from. Nobody needs your hysterical dramas and endless rants on topics you know nothing about.
If you like to accuse me on something, go do it in Scam Accusations sub forum.   
Stop following me around like a pervert.

WARNING: EskimoBob's security was delisted and banned from assets-otc.

Responded to you here 
https://bitcointalksearch.org/topic/bitcoin-crowdfunding-post-your-project-here-and-get-involved-122189

I did not have my camera with me so I used my phone that has a really bad built in camera with a scratched lens (if you can call it that).
Sorry, you can not see any details from those pictures. In the real life, those cups are actually really nice. Pale is crackle glaze and it needs little bit more time to develop. Bluish/green glaze is really wild and it's up to your imagination, what you can see in there - mountains, rivers forest. Have a cup of thee and enjoy.
Sorry for the crappy images.   

 

Mug 2



The "roughness" is all gone before it is fired so do not worry about it.

You have until 13.00 UTC (25.oct) to send me your order and as some requested, you can get your BTC address embossed too.
5 BTC and this includes 100 virtual ART tokens (0,05 BTC a pop) .

 

Impress your girlfriend(s)! Support ART

What have you done with the real MPOE-PR?

I just meant gl with the venture in general.

No, you are not

Good luck with this (am I too late?)!

Here is a "work in progress". I can get the numbers or name on it now. If it gets fired to bisque, only glazes can be added.
Where so you want the Bitcoin Address and what it is

asstets-otc is out. This project and the supporters are way too important for me to build my contract-client management on someone as unstable and as erratic like  piotr_n and his hobby "service".  He told me today that asstets-otc is just a hobby and his is not taking it seriously.

I have to look for another way to manage the contract-client relationship.
Cheers!

This is anew contract (draft) #02
English is obviously not my first language - all grammar corrections are welcome.

Sale of ART-OTC virtual Support Tokens

This is a rewards-based crowdfunding project. Project supporters (aka buyer of ART-OTC virtual Support Tokens - ST’s) are offered, as a reward, the virtual Support Tokens for the are agreeing to pool the coin for the purchase of art studio equipment and leasing it to "Open Art Shop Project ART-OTC".
As a additional perk to ST holders, virtual tokens can be used at later date for discounts on product and services offered by the project in the future.
No equity is offered to ST holders.

A. WHY AND WHAT IS OFFERED
1. ART-OTC virtual Support Tokens (later: STs) represents your participation in the "Open Art Shop Project ART-OTC" as a supporter by helping us to purchase new equipment for the project

1. ART-OTC virtual Support Tokens (later: STs) represents your participation in the open co-op "ART-OTC".
2. Proceeds from the sale of virtual Support Tokens are used to buy (Edit)art studio equipment, materials, parts and cover other equipment related expenses.
3. Equipment will be insured against the theft or destruction by fire or similar incident.
4. Equipment is used to generate additional income for the project.
4. Equipment will be leased only to "Open Art Shop Project ART-OTC"
5. Most of the equipment is usable for long periods of time (years).
6. Up to 34 000 virtual Support Tokens will be sold at 0.05 BTC per token.
7. Support Tokens do not represent any share (equity) in "Open Art Shop Project ART-OTC" or in its managing entity(s). 
8. Support Tokens are not financial securities nor do not represent any financial security whatsoever.
9. The project does not promise any profits and there will be no profit sharing with holders of virtual ART-OTC Support Tokens.
9. Leasing payments form "Open Art Shop Project ART-OTC" are paid to ART-OTC biweekly (every second week).
10. If the purchased equipment is sold at later date, proceeds will be divided up between token owners at that time.
11. ARTS-OTC Support Tokens can (but do not have to) be bought back by the issuer ART-OTC.

(I am going to leave that in because this is also present in crowd-funding contracts)
B . LIMITATIONS TO STs BUYERS

1. If your (STs buyer) annual income or the net worth of is less than USD 100000, your maximum aggregate purchase of STs in 12 month period can not exceed the greater of USD 2000 or 5 percent of your annual income.
2. If your annual income or the net worth of is more than USD 100,000, your maximum aggregate purchase of STs in 12 month period can not exceed 10 percent of your annual income.

C. RISKS

1. By purchasing any number of STs you positively affirm that you understand that you are in risking of losing your coin entire investment -
2. and that you could bear such a loss; and
3. you understand the level of risk generally applicable to participating investments in startups, emerging businesses, and small co-op projects;
4. and you understand the risk of illiquidity
5. If the project fails, ART-OTC Support Tokens issuer or project manager (persons or legal entity(s) can not be held liable.
6. Issuer can not be held liable for any of STs holders actions or for any of the results from STs holders actions.
7. Issuer can not be held liable for STs holders actions like selling, trading, destroying or anything else you (STs holder) plan or can imagine doing with your STs.
8. Issuer reserve the right to make minor changes to this contract.
9. All sales of ART-OTC virtual Support Tokens are considered final after you have transferred your coin to address give to you by the issuer.

D. FORCE MAJEURE

1. Issuer or manager(s) shall not be liable for any failure to perform its obligations where such failure is as a result of Acts of Nature (including fire, flood, earthquake, storm, hurricane or other natural disaster), war, invasion, act of foreign enemies, hostilities (whether war is declared or not), civil war, rebellion, revolution, insurrection, military or usurped power or confiscation, terrorist activities, nationalisation, government sanction, blockage, embargo, labour dispute, strike, lockout or interruption or failure of electricity [or telephone service], and no other Party will have a right to terminate this Agreement under Clause 19 (Termination) in such circumstances."

2. Any Party asserting Force Majeure as an excuse shall have the burden of proving that reasonable steps were taken (under the circumstances) to minimize delay or damages caused by foreseeable events, that all non-excused obligations were substantially fulfilled, and that the other Party was timely notified of the likelihood or actual occurrence which would justify such an assertion, so that other prudent precautions could be contemplated.
[/quote]

Setting up an account it asstets-otc is not complicated but the lack of quoting system is a bit annoying
I posted some quotes here [url http://bitcoin-otc.com/vieworderbook.php?type=&nick=&thing=VIRTUAL+ST%27S+OF+ART-OTC&otherthing=&eitherthing=¬es=]virtual ST's of ART-OTC[/url]

Same time, I do not like to get involved with a system, where one guy has the full control over the tokens, token holders and all the coin in the system (if any).
Sites like GLBSE are convenient but all those risk are there and those risk have materialized multiple times in last year or so.  
At the same time, what happens, if asstets-otc guy gets bored and walks? (tokens, assets etc) holders have the contracts aka proof of the holdings and also the trades. All signed and verifiable by both parties. Problem solved.
I added a high level description of possible trading "interface" to asstets-otc tread. https://bitcointalksearch.org/topic/m.1283427
Looks like Goat and pjotr_n have a "chicken to pluck" or "bone to pick" lol so this thread got out of control really fast.  Damn.