Guptacoin - Digital India - Real Financial Freedom - page 2.

hashgoalPool

full member

Activity: 177

Merit: 100

Quote from: @prashant on August 02, 2017, 09:14:37 AM

What actually is the purpose? Huh

Just another bitcoin code alt coin,and who is going to fund it?need many details!

there is no ico for funding. but we are going to airdrop 65% and reserve 10% for development and marketing purpose. wallets and other details will be available soon.

jwsu1113

newbie

Activity: 49

Merit: 0

support,the idea is good, will pay attention to your post and further information.
I would like to reserve Filipino translation if needed. Thank you.

karan1498

full member

Activity: 163

Merit: 100

Im planning to make modicoin Tongue

@prashant

hero member

Activity: 910

Merit: 505

What actually is the purpose? Huh

Just another bitcoin code alt coin,and who is going to fund it?need many details!

nagatraju

hero member

Activity: 672

Merit: 500

Nice project. Finally a coin for Indians. There should be great opportunity to your project, as most of Indians waiting to know about Digital currency. I hope you make awareness about Digital Currency among Indian people through this project.

I think name of the coin is not important. But Dev should announce future developments and Whitepaper, with unique ideas.

Angel Di

sr. member

Activity: 588

Merit: 251

EVOS

Bounty program is?

duchungptithcm

newbie

Activity: 47

Merit: 0

Very worth! India is a potential market

malcolml4

full member

Activity: 145

Merit: 100

Why not put more information?This will give everyone an intuitive view of the content, otherwise investors will find it boring.

karan1498

full member

Activity: 163

Merit: 100

Quote from: hashgoalPool on August 02, 2017, 04:52:21 AM

what you mean buddy?

wont work buddy

hashgoalPool

full member

Activity: 177

Merit: 100

Quote from: karan1498 on August 02, 2017, 03:48:59 AM

negative

what you mean buddy?

karan1498

full member

Activity: 163

Merit: 100

negative

guptacoin

newbie

Activity: 19

Merit: 0

Quote from: TheFoes on August 01, 2017, 11:48:01 PM

alright. im in. so when we do start mining it? pls make a full guide to start mining this thing. i will prepare my mining rig to mine this at any time. lets prosper together GUPTAJI. good luck. will be waiting for the wallet, airdrop and mining. do the best dev!

Thanks, we welcome everyone to join in mining and otherwise. We will release new info on our progress on a daily basis from now on.

TheFoes

full member

Activity: 170

Merit: 100

alright. im in. so when we do start mining it? pls make a full guide to start mining this thing. i will prepare my mining rig to mine this at any time. lets prosper together GUPTAJI. good luck. will be waiting for the wallet, airdrop and mining. do the best dev!

hashgoalPool

full member

Activity: 177

Merit: 100

Quote from: hugasinora on July 27, 2017, 09:43:31 AM

Is this an ambitious or stupid goal?
75% premine? are you serious?
Hope you guys have a good plan to develop this project, good luck

i think you need to read from start, 75% premine and from that 65% is airdrop(free distribution).

guptacoin

newbie

Activity: 19

Merit: 0

Quote from: ?? on ??

Is there any time set when the white paper will be released?
When guptacoin is going to be minable?

Yes, we plan to fully disclose every part of our initiative before 1st of september. We also will setup a mining pool that is ready to mine the very first blocks before the chain goes life. We even plan to let miners hook up before the GPT chain is started and give ROI by channeling alternative crypto's with the same algo before the initial block. So no loss of hashing power!

Once the chain is live (and the first blocks with premine have been secured), we will release the entire source.

guptacoin

newbie

Activity: 19

Merit: 0

Quote from: ?? on ??

premine 75% , why not 100% , plan !

Well, we haven't really been clear on this, so we understand your remark. We truly believe that building a real decentralized network that is carried by the people of India is the best solution. Not the easiest, that would be an ICO on an existing platform like ETH or WAVES.

The true value lies within the infrastructure we are planning to build in India. Once people are able to be their own banks and participate in the infrastructure that enables them to use money as it's supposed to be, then we are successful! Relying on a platform that is run by foreign entities is not aligned with that thought. That's why we leave 25% to be mined by the self supporting network.

guptacoin

newbie

Activity: 19

Merit: 0

Quote from: Elkmar on July 27, 2017, 12:02:10 PM

Well I'm not targeted so my interest is very low. But good luck, and I like the image, that's why I continued to read the thread

Thanks!

Unfortunately, since this is a new account, our images are not shown yet. One of the reasons we started this ANN early.

guptacoin

newbie

Activity: 19

Merit: 0

Quote from: lfilipetav on July 27, 2017, 10:00:41 AM

Quote from: ethereumnews on July 27, 2017, 09:29:51 AM

Stupid coin with stupid goal. Crypto currencies were meant to bring people together.

I hope your shit coin fails.

I Hope your lack of interest beside Ethereum News dies. India in many parts of the country is suffering from the lack of pressed fiat currency. The size of the country in terms of money management is nowhere compared to any country. I am an European, maybe since my country has close ties for centuries with India we get more news but still. It wouldn't hurt to google it first.

Some people in India just don't have access to fiat currency, in the means that would be necessary. If you add that to the fact that some people don't have access to a decent banking system, or at least functional one like in the west. The distribution is flawled.

I want to know more on how they think this should work, understand how they might create value for the coin (as it will be distributed) and get people either mining it or be used as node. And how they plan to work around the 1 person = x Gupta, then if one person dies = y, one person is born = z.

If this options are not implemented, the whole point behind the set number of coins per person is useless.

Thanks for your educated insights. You catch the exact reason why we decided to do this.

As an answer to your last question, we have no true answer. We planned a certain amount to be released to the people of India. Surely we can't foresee any demographics in the future. But the total amount of Gupta released to the people will organically balance itself between it's users.

guptacoin

newbie

Activity: 19

Merit: 0

Quote from: mrhans on July 27, 2017, 10:25:47 AM

I think announcements with just a picture and a "more coming soon" isn't that good. Why not just wait until you have the whitepaper and everything ready and the, bam! All at once?

We agree with you. But there are several reasons why we didn't wait any longer (we have been working on this for 8 months now).

First is excitement on our part. We wanted to start sharing our thoughts with this community.

Secondly, we want to have some input from you as well. We have a lot of time and money invested already and also have some awesome people with great experience advising us. Still we know early discussions on this forum can be of great value as well.

Third, we need this account to be active enough to be able to interact with the community swiftly and without limitations. Being a newbie doesn't help, so we like to interact and get a more working status along the line.

Honest enough?

guptacoin

newbie

Activity: 19

Merit: 0

Quote from: 794259332 on July 27, 2017, 09:36:49 AM

premine 75% ,shit idea!

Quote from: hugasinora on July 27, 2017, 09:43:31 AM

Is this an ambitious or stupid goal?
75% premine? are you serious?
Hope you guys have a good plan to develop this project, good luck

Today most ICO's are 100% premine, yet they tend to get millions thrown at them without any end product. We don't ask for any contributions before we show the entire end product.

We do plan to acquire some funds through a separate ICO that can fund the initial costs of the SMS setup and add campaign. These tokens will not be linked to the Guptacoin directly, but can be best compared to holding a share in the foundation that holds the key to the growing infrastructure.

Topic: Guptacoin - Digital India - Real Financial Freedom - page 2. (Read 3478 times)