Author

Topic: Mason Coin, The Constructive Coin (Read 582 times)

full member
Activity: 196
Merit: 100
Google/YouTube
September 18, 2013, 07:24:39 PM
#3
I've had 4 hours sleep so I'm having a bit of trouble digesting your proposal. If the coins aren't being mined, where are they coming from? A central authority? How is the block chain secured? How do you plan to run arbitrary ads on Youtube videos?

For an idea on how to mine whilst using very low CPU resources see http://timekoin.org/

They are mined, that is just not the only way to get them.
legendary
Activity: 2268
Merit: 1092
September 18, 2013, 07:20:08 PM
#2
I've had 4 hours sleep so I'm having a bit of trouble digesting your proposal. If the coins aren't being mined, where are they coming from? A central authority? How is the block chain secured? How do you plan to run arbitrary ads on Youtube videos?

For an idea on how to mine whilst using very low CPU resources see http://timekoin.org/
full member
Activity: 196
Merit: 100
Google/YouTube
September 18, 2013, 03:11:45 PM
#1
(This coin does not exists... YET, Help us make it!!)

Mason Coin Mission Statement:

Mason Coin (The Constructive Coin) is the coin for people who can't mine, and the miners who want to support creative minds. 50% of blocks mined go to the miners, while the other 50% goes directly to projects that work to support creative open source projects, like: Graphic Design, Video Creation, Photography, Beat Production, Music Creation & even the growth of Other Alt-coins.

My 11 year old brother died June 4th, 2013 and this coin is meant to honor him. Mason is not only his name, but also means "Stone Worker", the goal of Mason coin is not to become the next big coin. The goal of Mason coin is to FIND the next big coin, as well as find some talented artists, musicians and other creators who wouldn't be getting paid it if weren't for the existence of this coin. Together, these creative outlets will form a community of artists, writers (with the help of Devcoin), Ecologists (with the help of Ecocoin) and hopefully a spectrum of others. And this community can use the submitted open source works to create larger works. For example, a beat (which someone would have submitted there to earn coins) can be taken from the beat board, then a second person can add their own instruments to the beat and resubmit it to earn their own coins. Then a third person can use that music, and add their own original lyrics (maybe this is a writer from Devtome) and create a song. This song can now be submitted to YouTube and various other outlets, or even resubmitted to the board for more coins.

Video creation is submitted through the partner program. To become a partner, you must first have a YouTube channel and videos submitted. If these requirements are met, you can apply for the partner program and if accepted, ads will be added to your YouTube videos, for which you will earn Mason Coins. Anyone accepted in the program will receive the benefits of: Video Promotion, Collaborative Partners and more.

10% of the 50% dedicated to creative works will go into a wallet that is to be used democratically. There will be polls created on Bitcointalk.org in where we will vote on which coin will receive the Mason coin benefits that round.  The coin that is chosen by voters will be purchased above price with Mason Coins, and then the coins that are purchased will be given away in a contest.

We plan to have a cap of 1,000,000,000 coins
https://bitcointalksearch.org/topic/msc-mason-coin-296277
Jump to: