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Topic: [Funding Target Reached]Superior Coin Design: Most fair Distribution model - page 7. (Read 16428 times)

hero member
Activity: 658
Merit: 500
ill pledge the final .1 where does it go to?

i will provide the development fund address to our core investors just as development is beginning. for now reserving a position only requires a pledge. if any member is unable to meet their pledged amount at pledge time we will look to the backup investor list for the next in line to take over his/her position.
sr. member
Activity: 296
Merit: 250
ill pledge the final .1 where does it go to?
hero member
Activity: 658
Merit: 500
I'll pledge the remaining .4 BTC, but I'd like to know who the dev is and what percentage investors will be receiving.

Thanks

hi Pseudonymdude, we're currently at 1.9btc meaning there is only 0.1btc worth of pledges remaining for the core investor group to be completed. if you'd still like to be a part of the group i can list you at a moment's notice.

atm i will refrain from stating who my dev is since i have not received permission to publicize his name. i can tell you he is currently on vacation and we will resume talks once he gets back. i will also seek additional developers for consultancy purposes as well as helping with bits of code here and there as it becomes necessary.

the percentage investors will get will be agreed upon in discussion with the core investor group before the coin development begins. this means that investors will know what they are getting before they are requested to fulfill their pledge. rest assured the design and distribution is meant to be fair to all. and that means our initial investors who have taken the risk associated with becoming part of such a project as well as the community and miners at large. it will be a matter of policy that both my modus operandi and design of the coin will seek always to reward early adopters.

hope that answers your questions. if there's anything else please feel free to pm me so we can iron out any concerns you may have.

Best Regards,
Coinler
hero member
Activity: 658
Merit: 500
Good idea and count me in.
I want to pledge 0.1 btc.pls add me to your list.

thanks for your interest. i will add you to initial investor list. please feel free to pm me if you have any questions or if anything changes regarding your position.
legendary
Activity: 896
Merit: 1000
I'll pledge the remaining .4 BTC, but I'd like to know who the dev is and what percentage investors will be receiving.

Thanks
sr. member
Activity: 440
Merit: 250
Good idea and count me in.
I want to pledge 0.1 btc.pls add me to your list.
hero member
Activity: 658
Merit: 500
initial investor pledges now stand at 1.5btc

thank you all for your interest in the project. the next phases of the project will continue once we've acquired the full funding requirement in the form of pledges as well as a few backup investor pledges to ensure we have secured enough funding for a complete product.

Coinler
hero member
Activity: 658
Merit: 500
I'm in Coinler.
Pledge 0.1 btc

almost missed your post there. thanks for the interest. pledge added to op.
full member
Activity: 182
Merit: 100
sr. member
Activity: 389
Merit: 250
I'm in Coinler.
Pledge 0.1 btc
hero member
Activity: 658
Merit: 500
I would like help and be a backup investor - how much btc is needed?

we are nearing the initial template requirement. this will be the core operation of the coin. im still in the process of negotiating dev fees for the additional features so i don't have a figure yet for what will be needed for those features as development will be tackled in stages up until release. i will list you as a backup investor unless you are ok with me managing the dev fund where i will act as escrow between investors and the dev. agreeing to those terms would make you an initial investor.
legendary
Activity: 882
Merit: 1002
I would like help and be a backup investor - how much btc is needed?
hero member
Activity: 658
Merit: 500
low on investment funds but watching whats going on thx

no worries. im sure you will have some more once the template is done and its features made public.  Cheesy
sr. member
Activity: 296
Merit: 250
low on investment funds but watching whats going on thx
hero member
Activity: 658
Merit: 500
good luck coinler i like it

thanks. does that mean i can list you as a backup investor?
sr. member
Activity: 296
Merit: 250
good luck coinler i like it
hero member
Activity: 658
Merit: 500

Sir, you want us to invest this coin without whitepaper,code,timeline,escrow except an idea, it's too risky.

i understand this concern. but i believe it is even more risky to publish these things without a solid core of investors ready to have the coding done. it is important that pioneering technologies are kept well blanketted until release. providing information on a need to know basis is also necessary to protect committed investors from having their investment idea stolen by a 3rd party.

i admit it will require your own sense of judge of character to decide if you would like to take the risk associated with joining this project as an initial investor. my methods would also be protecting you if you do.

it is a challenge to procure this through a public arena yet to keep development private until release. but i am committed to doing everything i can to ensure that the idea is protected also so that it could not be used maliciously by someone else with no vision of how to properly employ this technology.

as you can see this project has begun offering the idea to a dev or group of devs as long as they would ensure that i am notified of all progress regarding the project so i can start mining on day one. this was a free offering which has since gathered no attention. the new moves i am making have been gathering more attention and i think serve as a testament to improvement and progress.

as i offered the previous pledge investor. escrow pledges and pledges that wish to take part in the project after the initial template is constructed and tested will be considered our backup investors. our initial investors must agree to provide the pledged funds to a btc development wallet reserved for paying the dev. after all have agreed and are pleased with the specifications and before the dev begins his work. the dev would then be paid once the coin is tested to satisfactorily meet my requirements. as additional features will be added to this template before launch, we will open up slots for new investors and choose from our backup investors group based on their position in the queue.

so yes. initial investors will be privy to much more details regarding the specifications and design. but this phase wont begin until the full investor framework is acquired. which includes the initial investor group who have agreed that i will act as an intermediary between investors and the dev for payment at least for the initial phase of construction.

feel free to pm me if there's anything you'd like to discuss further.

full member
Activity: 154
Merit: 100
let me also add a little background of myself to the thread.

im an IT professional who has worked in the industry for going on 20 years. for the past 5 years ive specialized in Point of Sale related technolgies and service. i am trained in programming and project management however im just not a professional c++ coder. throughout my career my service has been impeccable and have always been a highly valued member of staff anywhere i worked. i also have a long track record of solving "unsolvable problems" plaguing those companies for sometimes years at just about every company i have worked for in my career.

there is much going for us who choose to help bring this coin to fruition that is already sort of in place. all we need now is.. The Coin. i have many connections in the point of sale industry and know how to cut a clear path for currency to be accepted commercially as well as what investors are looking for. this coin will be designed to be an investment opportunity for hardcore investors and community participants.

i know the question on everyone's mind is "how do you protect the value of the stock from increasing hashpower and slowing demand."  or "how will this coin prevent dumping".  but how much is it to pay a dev to develop this and find out. a couple btc? for the most part he will just have to cut and paste code and make edits to the algorithms behaviour in the blockchain as i specify. i am certain that if everyone on btctalk puts just a little we can make up the cost.

perhaps we can guarantee initial investors a share of coins which will be programmed into a premine. all of which would go to those investors.

is it possible we could have some pledges posted towards dev fees so i can add the funds raised to the topic title?
Sir, you want us to invest this coin without whitepaper,code,timeline,escrow except an idea, it's too risky.
full member
Activity: 154
Merit: 100
visibility bump: pledges currently being accepted

I will give the missing 1 btc when you have code ready and successfully tested.
I can use escrow if you dont take my word for it.



terms accepted. pm'd for confirmation
I will give some BTC as an investment when whitepaper and code passes alpha test.
hero member
Activity: 658
Merit: 500
visibility bump: pledges currently being accepted

I will give the missing 1 btc when you have code ready and successfully tested.
I can use escrow if you dont take my word for it.



terms accepted. pm'd for confirmation
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