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Topic: CRYPTNEY- Bringing Crypto Currency to the Masses! - page 3. (Read 3162 times)

legendary
Activity: 1036
Merit: 1000
Valuating a 10 btc new high risk start up project at 100 btc isn't a little too much?


He uses the remaining 90% of your BTC to do marketing etc. He never mentions how he profits in here, just says 50% dividends, 25% reinvestment, 25% reserves. Also just says 100k shares for sale, doesn't mention how many he is holding. I wouldn't even consider buying into this if he is keeping more than 10% of the business to himself as a management fee, more than that would be ridiculous. If he wants more than that he should buy shares like everybody else.


Also, since you publish reports on people, can we see the report on YOU?
legendary
Activity: 1067
Merit: 1000
Valuating a 10 btc new high risk start up project at 100 btc isn't a little too much?
full member
Activity: 224
Merit: 100
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Private investor email #134252
full member
Activity: 224
Merit: 100



Pre-IPO
Cryptney Investor Prospectus




IPO Details

https://www.youtube.com/watch?v=6KgBomoHO3c

The current offering
100,000 shares for 0.001 BTC per share. Pre-IPO block for a discount available contact me for info

Future Offering
A further block of shares may be raised, these blocks will NEVER be sold for less then the first IPO.  To reward early investors,  a higher price than the initial 0.001 BTC per share shall be offered.  

Return for investors
All profits from the exchange will be 50% dividends 25%, capital reserves, and 25% business reinvestment and development.


Discount on trading fees for all investors, investors buying more then 3 BTC worth of shares will have 6 months free trading.


Capital Allocation
Exchange for sale- We have found a nice exchange going up for sale that will save us money and time. "https://coinnext.com/" we are talking to the owner right now. Its up for auction starts at 10btc, no bids as of yet and it goes on till the 30th.
Adding of voucher system to exchange (Talked to the exchange dev said it would be simple)
First run of stored value cards
Addvertising--- Lots and lots of advertising.
Gov Regulation compliance.


Project Details

Great Market opportunity
Cryptney will be the the first exchange in the world to have stored value cards on the shelf at big box retailers. Bringing Crypto Currency to the Masses at big box retailers will give us a competitive advantage over other exchanges and services. Our thought is buy Milk, Eggs, and your crypto coins in the same place.
We will also offer WU, and Bank Deposit Methods.
Cash outs will be handled in 3 ways ACH, Direct to Debit/Credit Card and paper check.

The opportunity is for growth is great, stored value cards can be placed around the globe, this allows for regions with non traditional banking to have access. Stores we have been in talks with to get the card on the shelfs

https://www.youtube.com/watch?v=siMZHRlBiQs





Our Security
Security will be bank level compliant.To guarantee that we will not be another victim of bitcoin hackers and fraud we will have outside financial audits open for the public to see.
The software we plan on purchasing has already been security audited by https://www.crowdcurity.com/
Two factor authentication will be implemented through Authy and Google Authenticatior.

Coins
Any coins offered on our site must be vetted, we do not cover the cost of this it is a cost incurred by the listing coin.

Compliance
We will comply with all Laws, if we see new regulation coming in the future we will be proactive in the event it is passed.


Management team:
CEO- D. Stallworth 7 Years in financial underwriting and collections of subprime lending for a in house financing company. Experience in Gov compliance, cost saving strategies, investor relations, and all around great guy  Cool. Any type of supporting documents can be produced, I will not publish them due to my current business on this forum.


Fee Sturcture
No deposit fees

Withdraw fees
ACH 6$
24 Hour wire 35$
Direct to Debit/Credit (TBA)

Fiat - Bitcoin trades
Fee % At 30 day volume
0.3    At < $1000
0.28  At < $5,000
0.23 At < $25,000
0.18  At < $100,000



This will be updated, when updated a note will be made. Trolling will not be tolerated, I am open to actual discussion about topics.
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