Topic: List of Alt Coins Backed By A Business (Read 2225 times)

Look for Aten Black Gold Coin. Backed by NAC Foundation, just accepted into American Bankers Association.
They are creating a US$5 million per year market for it.

50 000$ worth of StartCOIN prypto cards to be handed out in a giveaway. Some celebrities to be involved?






StartJOIN TV:

https://www.youtube.com/user/startjoinTV

I've got a good one for you! BitSEND company who made checkcoin, then ran away with everyone's ICO funds.

Being a company that backs a coin doesn't mean sh*t. They can still take all your money with no consequences. In fact it's easier for them to scam you.

Just watch this video to get an idea of one of the uses of StartCOIN.

The ART & WAR Show - Episode 1

https://www.youtube.com/watch?v=ObdG0qqFw20

Also covered in The Mirror

Russell Brand opens up his new Trew Era Cafe with a smash
http://www.mirror.co.uk/usvsth3m/russell-brand-opens-up-new-5403561

Any other coins that are backed by a legitimate business?

Just get yourself an account on Startjoin and learn how it works. There are three sources of money on there, Paypal, Startcoin and Bitcoin. Paypal is a pain in the ass because of chargebacks and a general policy with great suspicion to everything involving crypto. Bitcoin works great except for one reason, it can not easily be refunded to backers if a project is not fully funded. Bitcoin is thus used only after 100% funding is reached. Startcoin on the other hand is built into the plattform and can easily be refunded.

1. Again valid point. But BTC was the first and will always have the biggest cap IMHO. Others will simply follow, besides there's no other way to enter an altcoin but bitcoin as intermediate. Besides, not knowing Satoshi didn't make him run away with our money... But then, maybe he did; who knows? Let aside the 99% of the altcoin devs out there. What's their incentive? GET MORE BTCs! Think about it.

8. Well. This is something worth seeing. I'm involved on a couple of alts right now, but only with ''play money'' (ie: donations, ad campaigns and small mining). I got nothing to lose, and I bet there's more to win (ie: on XMR I doubled what I've initially invested atm). I got burned with DOGE (bought high, never sold - small loss though) and Maxcoin too (only though mining via the declining price).

 I'll look into Startcoin. Maybe there's something I didn't see yet. But then again, maybe MAXCOIN should teach me what not to do, before I get my filthy hands on it

1. You better get out of bitcoin then Source should be here for all to see: https://github.com/startcoin-project/startcoin

8. Yes, Max Keiser is involved. But there is a slight difference between Maxcoin and Startcoin. Maxcoin was created with Max Keisers blessing and he helped promote it, but it was never his brain child. Startcoin was/is his (and his cooperators) creation from the beginning, and the developers did it on contract.

1. I beg to differ. I like to know who's behind it for it makes me feel more "secure" and he has less possibilities of "run away with my money/btc".
8. Is there a connection with Max Keizer (from Max-Coin?). I heard he got involved on another coin and dumped the previous one.

Valid points on the rest.

UCIcoin claims to be "the first real asset backed cryptocurrency": https://bitcointalksearch.org/topic/ucicoin-the-asset-backed-coin-updated-invest-in-a-clean-future-971071

Some great responses.  The true value of any of these coins long term is in the ability to use them to purchase good and services.  

There are a few good suggestion.  Seems the number of coins used for this is pretty limited though.

People should be using digital tokens for businesses. Not creating fresh cryptocurrencies from nothing. It's quite silly for them to do so when there are already platforms like NXT and Counterparty which can be used for this exact purpose.

Startcoin point by point:

1. Startcoin was developed as a part of the startjoin ecosystem, and thus is not made for short term profit, but rather as a tool for a purpose. Who the developer is/was is not even important.

2. Startjoin is certainly a legit company that you can buy stock in.

3. StartCoin is circulated and used more than most coins, and not hoarded to the same degree since its used to fund projects on startjoin. One example, https://www.startjoin.com/ggbradford2015 - a British politician was founded close to 20K$ mostly with startcoin.

4. There are no forks to my knowledge.

5. This may be the only point where you might think its not ideal. I think its better than ideal. Startcoin is 50% premined. The premine is used to pay interest on coins deposited at startjoin, and also to award pledges you do on startjoin. The karma score decides how many coins you get each week.

6. Startcoin is not very scarce, so it can still be had for a good price. Recirculating of coins through the pledge system means that there will always be coins to buy, and no artificially high price to pay.

7. Im not sure what you mean here, but the current market cap of about 500K $ can not be considered high given that close to 1/20 of the market cap can be involved in one single project.

8. Startcoin certainly has the best publicity potential of any coin besides bitcoin. It's used to fund politicians, it has two well known TV stars from RT leading the publicity campaign (you know who), it even has its own TV-shows https://www.youtube.com/watch?v=cANXmKwMWMc + https://www.youtube.com/watch?v=yczG8ksP0GQ

It depends on a lot of aspects. In no particular order:

1. The coin dev(s) are not in for the short profit
2. The company/ies that back up the altcoin is/are legitimate
3. There's enough circulation (ie: how many people hold it & use it)
4. There are no parallel forks
5. The pre-mining factor (the less, the better)
6. The coin's scarcity
7. The BTC/coin equity
8. The coin's popularity within the mass media.

Not many altcoins have them all. If you find one that does though, please let me know. I want in!

whether any altcoin supported by a business coin prices will go up? How do I know what a coin price will go up?

Startcoin - www.startjoin.com - will also be integrated into https://bnktothefuture.com (http://www.telegraph.co.uk/finance/businessclub/9474501/Richard-Branson-backs-Bank-to-the-Future.html)

I concur and confirm the legitimacy of the coin. Greg's a nice and helpful guy and I've recently purchased from their affiliate shop: www.worldofelectronics.ie a 3TB Seagate hard drive for 125M GCN. It's easy to get some via their android games or web app on the links provided on their site. Give it a try. It's the best there is for crypto->outside world.

here is an actual coin that you can use for spending :

www.gcoin.us

https://bitcointalksearch.org/topic/wwwgcnzone-or-wwwgcncoincom-our-exchange-is-called-wwwircexcom-665858

https://bitcointalksearch.org/topic/spend-gcoin-at-wwwworldofelectronicsie-microsoft-keyb-g165m-ltc-49-740-966919

Here you go!

https://litecoin.com/