Since there's no Mac wallet yet, I booted a Windows 7 VM and installed the Windows client. I got the following error when launching the QT:
"The program can't start because libwinpthread-1.dll is missing from your computer. Try reinstalling the program to fix this problem."
I reinstalled with no change. Suggestions?
Topic: [Network Repaired][ANN][BITS] BitSeeds - A Currency that Grows! - page 26. (Read 36467 times)
So what is the business model here?
1) You are issuing a crypto coin, with a huge premine for yourselves, but you are not going to sell the premine, just keep it to generate interest and spend that.
2) Then you host the blockchain and mining on a server that costs $$$ every month.
3) you are then going to plant 1 billion trees?
Merchant adoption is driven through a custom remittance system being developed by Coin.co (http://coin.co). 1.25% of every transaction processed is sent to the BitSeeds Custody Address. Merchants will be presented with a yearly accounting and requisite paperwork for tax purposes.
Every transaction completed through this process is a charitable tax deduction for the accepting merchant.
4) are you registered as a charity? What is your IRS non-profit number?
So........... where is the money coming from for you to pay for the servers, future development of the coin, and the trees?
This is a generation 1 coin, that is outdated already. Crypto coins like Crypti and NXT are offering applications and DAPPs secured by the block chain, which gives them a real world use, other than trading for fiat or other alt-coins.
I dont see a sustainable business model here.
1) You are issuing a crypto coin, with a huge premine for yourselves, but you are not going to sell the premine, just keep it to generate interest and spend that.
2) Then you host the blockchain and mining on a server that costs $$$ every month.
3) you are then going to plant 1 billion trees?
Merchant adoption is driven through a custom remittance system being developed by Coin.co (http://coin.co). 1.25% of every transaction processed is sent to the BitSeeds Custody Address. Merchants will be presented with a yearly accounting and requisite paperwork for tax purposes.
Every transaction completed through this process is a charitable tax deduction for the accepting merchant.
4) are you registered as a charity? What is your IRS non-profit number?
So........... where is the money coming from for you to pay for the servers, future development of the coin, and the trees?
This is a generation 1 coin, that is outdated already. Crypto coins like Crypti and NXT are offering applications and DAPPs secured by the block chain, which gives them a real world use, other than trading for fiat or other alt-coins.
I dont see a sustainable business model here.
The Rainforest Foundation is already planting trees. This work is already in progress at this moment.
Charity registrations are still in process with the state and shall be provided when available.
The state does not grant non-profit status for tax purposes..... the IRS does.
We have already started the process to get our 503cb status with the IRS. This process can take up to 12 months. We will keep all of you posted with every new development. In the mean time Rainforest Foundation has had their 503cb status for about 30 years. We are working hand in hand in every piece of this project to better the environment and to help the numerous of countries losing millions of acres of forests due to deforestation.
Hey everyone my name is Gabe and I am one of the people who conceptualized BitSeeds. Sorry for not being here earlier but I was at an event.
I want to address the premine, because people seem to have an issue with that. Let me start by saying I started trading altcoins a couple years ago after the Bitcoin burst and I quickly realized that many of them were pump and dumps and many people were losing a lot of their savings due to these scams. I wanted to keep the idea of crypto alive, and cleanse it of all the bullshit. Our environment is being destroyed at extreme rates due to deforestation and that's how the idea of BitSeeds came to us. Reaching out to Rainforest Foundation was the first step, and it took months to really explain the idea of crypto to them. I'm sure all of you have ran into similar issues trying to explain Bitcoin or any other digital currency to a non believer or someone who gets doesn't get it.
We needed to build a network that not only supported our reforestation plan of 1 billion trees, but also a sustainable network for the community. We came up with the 100mil seeds premine because this wallet is being held in a custody account by Rainforest Foundation. We do not have the right to sell it, we couldn't even if we wanted to. It's just there to stake at 10% to provide the funds needed to execute this behemoth of a plan of fixing our environment.
I'm sorry if any of you don't like that, we really tried to appease everyone with our design, but obviously you can't please everyone. We've worked incredibly hard for a year to bring this to you and it is the most different, original altcoin on the market.
We are trying to get the pool up, many people have been requesting it and we are working very hard to get it up and running asap.
If any of you have any questions about the network or the idea please reach out and we'll be happy to answer. Just please don't be rude because we've invested our lives into this.
I want to address the premine, because people seem to have an issue with that. Let me start by saying I started trading altcoins a couple years ago after the Bitcoin burst and I quickly realized that many of them were pump and dumps and many people were losing a lot of their savings due to these scams. I wanted to keep the idea of crypto alive, and cleanse it of all the bullshit. Our environment is being destroyed at extreme rates due to deforestation and that's how the idea of BitSeeds came to us. Reaching out to Rainforest Foundation was the first step, and it took months to really explain the idea of crypto to them. I'm sure all of you have ran into similar issues trying to explain Bitcoin or any other digital currency to a non believer or someone who gets doesn't get it.
We needed to build a network that not only supported our reforestation plan of 1 billion trees, but also a sustainable network for the community. We came up with the 100mil seeds premine because this wallet is being held in a custody account by Rainforest Foundation. We do not have the right to sell it, we couldn't even if we wanted to. It's just there to stake at 10% to provide the funds needed to execute this behemoth of a plan of fixing our environment.
I'm sorry if any of you don't like that, we really tried to appease everyone with our design, but obviously you can't please everyone. We've worked incredibly hard for a year to bring this to you and it is the most different, original altcoin on the market.
We are trying to get the pool up, many people have been requesting it and we are working very hard to get it up and running asap.
If any of you have any questions about the network or the idea please reach out and we'll be happy to answer. Just please don't be rude because we've invested our lives into this.
So what is the business model here?
1) You are issuing a crypto coin, with a huge premine for yourselves, but you are not going to sell the premine, just keep it to generate interest and spend that.
2) Then you host the blockchain and mining on a server that costs $$$ every month.
3) you are then going to plant 1 billion trees?
Merchant adoption is driven through a custom remittance system being developed by Coin.co (http://coin.co). 1.25% of every transaction processed is sent to the BitSeeds Custody Address. Merchants will be presented with a yearly accounting and requisite paperwork for tax purposes.
Every transaction completed through this process is a charitable tax deduction for the accepting merchant.
4) are you registered as a charity? What is your IRS non-profit number?
So........... where is the money coming from for you to pay for the servers, future development of the coin, and the trees?
This is a generation 1 coin, that is outdated already. Crypto coins like Crypti and NXT are offering applications and DAPPs secured by the block chain, which gives them a real world use, other than trading for fiat or other alt-coins.
I dont see a sustainable business model here.
1) You are issuing a crypto coin, with a huge premine for yourselves, but you are not going to sell the premine, just keep it to generate interest and spend that.
2) Then you host the blockchain and mining on a server that costs $$$ every month.
3) you are then going to plant 1 billion trees?
Merchant adoption is driven through a custom remittance system being developed by Coin.co (http://coin.co). 1.25% of every transaction processed is sent to the BitSeeds Custody Address. Merchants will be presented with a yearly accounting and requisite paperwork for tax purposes.
Every transaction completed through this process is a charitable tax deduction for the accepting merchant.
4) are you registered as a charity? What is your IRS non-profit number?
So........... where is the money coming from for you to pay for the servers, future development of the coin, and the trees?
This is a generation 1 coin, that is outdated already. Crypto coins like Crypti and NXT are offering applications and DAPPs secured by the block chain, which gives them a real world use, other than trading for fiat or other alt-coins.
I dont see a sustainable business model here.
The Rainforest Foundation is already planting trees. This work is already in progress at this moment.
Charity registrations are still in process with the state and shall be provided when available.
The state does not grant non-profit status for tax purposes..... the IRS does.
Is there any ETA on a pool? And a Mac wallet? Thanks.
So what is the business model here?
1) You are issuing a crypto coin, with a huge premine for yourselves, but you are not going to sell the premine, just keep it to generate interest and spend that.
2) Then you host the blockchain and mining on a server that costs $$$ every month.
3) you are then going to plant 1 billion trees?
Merchant adoption is driven through a custom remittance system being developed by Coin.co (http://coin.co). 1.25% of every transaction processed is sent to the BitSeeds Custody Address. Merchants will be presented with a yearly accounting and requisite paperwork for tax purposes.
Every transaction completed through this process is a charitable tax deduction for the accepting merchant.
4) are you registered as a charity? What is your IRS non-profit number?
So........... where is the money coming from for you to pay for the servers, future development of the coin, and the trees?
This is a generation 1 coin, that is outdated already. Crypto coins like Crypti and NXT are offering applications and DAPPs secured by the block chain, which gives them a real world use, other than trading for fiat or other alt-coins.
I dont see a sustainable business model here.
1) You are issuing a crypto coin, with a huge premine for yourselves, but you are not going to sell the premine, just keep it to generate interest and spend that.
2) Then you host the blockchain and mining on a server that costs $$$ every month.
3) you are then going to plant 1 billion trees?
Merchant adoption is driven through a custom remittance system being developed by Coin.co (http://coin.co). 1.25% of every transaction processed is sent to the BitSeeds Custody Address. Merchants will be presented with a yearly accounting and requisite paperwork for tax purposes.
Every transaction completed through this process is a charitable tax deduction for the accepting merchant.
4) are you registered as a charity? What is your IRS non-profit number?
So........... where is the money coming from for you to pay for the servers, future development of the coin, and the trees?
This is a generation 1 coin, that is outdated already. Crypto coins like Crypti and NXT are offering applications and DAPPs secured by the block chain, which gives them a real world use, other than trading for fiat or other alt-coins.
I dont see a sustainable business model here.
The Rainforest Foundation is already planting trees. This work is already in progress at this moment.
Charity registrations are still in process with the state and shall be provided when available.
So what is the business model here?
1) You are issuing a crypto coin, with a huge premine for yourselves, but you are not going to sell the premine, just keep it to generate interest and spend that.
2) Then you host the blockchain and mining on a server that costs $$$ every month.
3) you are then going to plant 1 billion trees?
Merchant adoption is driven through a custom remittance system being developed by Coin.co (http://coin.co). 1.25% of every transaction processed is sent to the BitSeeds Custody Address. Merchants will be presented with a yearly accounting and requisite paperwork for tax purposes.
Every transaction completed through this process is a charitable tax deduction for the accepting merchant.
4) are you registered as a charity? What is your IRS non-profit number?
So........... where is the money coming from for you to pay for the servers, future development of the coin, and the trees?
This is a generation 1 coin, that is outdated already. Crypto coins like Crypti and NXT are offering applications and DAPPs secured by the block chain, which gives them a real world use, other than trading for fiat or other alt-coins.
I dont see a sustainable business model here.
1) You are issuing a crypto coin, with a huge premine for yourselves, but you are not going to sell the premine, just keep it to generate interest and spend that.
2) Then you host the blockchain and mining on a server that costs $$$ every month.
3) you are then going to plant 1 billion trees?
Merchant adoption is driven through a custom remittance system being developed by Coin.co (http://coin.co). 1.25% of every transaction processed is sent to the BitSeeds Custody Address. Merchants will be presented with a yearly accounting and requisite paperwork for tax purposes.
Every transaction completed through this process is a charitable tax deduction for the accepting merchant.
4) are you registered as a charity? What is your IRS non-profit number?
So........... where is the money coming from for you to pay for the servers, future development of the coin, and the trees?
This is a generation 1 coin, that is outdated already. Crypto coins like Crypti and NXT are offering applications and DAPPs secured by the block chain, which gives them a real world use, other than trading for fiat or other alt-coins.
I dont see a sustainable business model here.
The entire amount will not be staked at once for obvious reasons.
The BitSeeds Custody Address
---------------------------
The custody amount of 100,000,000 BITS was generated in Block 1 and shall be staked for seven days to form a core of funds to kickstart the BitSeeds Foundation. The custody amount is to be held in a 3-of-4 multisig wallet (BhHpy32LSFgpqNp8ZUpq1dvyJYkuG83JTW) generated with the following public keys:
> **Gabe Aronovich**
> 02f79cdcc8dde477bd4547fda9bc4405081067da7e631dcfb01fce0bc5e0b0402a
> **Coin.co**
> 0314b1e751d0ae6d51805820ea5f64b9fc879454341e259d9b1a919e4710e9ede7
> **Rainforest Foundation**
> 028b9da0d90bc9919648dc95dc07e4c8ac18512277acf6d9620bd24264de8920eb
> **Bryce Weiner**
> 02567e06ff807804a16f189e43f3da8b6647bb0ad1a616386b0aa3e27363a2bdb6
The custody amound shall not be spent, but shall be staked no more frequently than a quaterly basis after the initial seven days following launch. Interest generated will be directly reinvested into development of the BitSeeds ecosystem by incentivizing participants and vendors to accept BitSeeds for the automatic charitable tax deduction (see below). The interest paid on the first seven days shall be held and staked by the BitSeeds Foundation as a means of thanking donors for supporting our mission and that of the Rainforest Foundation.
---------------------------
The custody amount of 100,000,000 BITS was generated in Block 1 and shall be staked for seven days to form a core of funds to kickstart the BitSeeds Foundation. The custody amount is to be held in a 3-of-4 multisig wallet (BhHpy32LSFgpqNp8ZUpq1dvyJYkuG83JTW) generated with the following public keys:
> **Gabe Aronovich**
> 02f79cdcc8dde477bd4547fda9bc4405081067da7e631dcfb01fce0bc5e0b0402a
> **Coin.co**
> 0314b1e751d0ae6d51805820ea5f64b9fc879454341e259d9b1a919e4710e9ede7
> **Rainforest Foundation**
> 028b9da0d90bc9919648dc95dc07e4c8ac18512277acf6d9620bd24264de8920eb
> **Bryce Weiner**
> 02567e06ff807804a16f189e43f3da8b6647bb0ad1a616386b0aa3e27363a2bdb6
The custody amound shall not be spent, but shall be staked no more frequently than a quaterly basis after the initial seven days following launch. Interest generated will be directly reinvested into development of the BitSeeds ecosystem by incentivizing participants and vendors to accept BitSeeds for the automatic charitable tax deduction (see below). The interest paid on the first seven days shall be held and staked by the BitSeeds Foundation as a means of thanking donors for supporting our mission and that of the Rainforest Foundation.
"shall not be spent, but shall be staked no more frequently than a quaterly" while we fork and doublespend the network due to insane stake weight built up.
I grew up in a house surrounded by trees and have had plans for a long time to use (hopeful) future profits from cryptocurrency to buy land here on the island (Big Island, Hawaii) for conservation and reforestation.
Forests (if not necessarily rainforests) are my absolute favorite places in the world; the cause of reforestation is one I care about. So I hope that this project is successful in its stated goals. Guess time will tell...
Forests (if not necessarily rainforests) are my absolute favorite places in the world; the cause of reforestation is one I care about. So I hope that this project is successful in its stated goals. Guess time will tell...
We feel the same way!
Thank you!
I grew up in a house surrounded by trees and have had plans for a long time to use (hopeful) future profits from cryptocurrency to buy land here on the island (Big Island, Hawaii) for conservation and reforestation.
Forests (if not necessarily rainforests) are my absolute favorite places in the world; the cause of reforestation is one I care about. So I hope that this project is successful in its stated goals. Guess time will tell...
Forests (if not necessarily rainforests) are my absolute favorite places in the world; the cause of reforestation is one I care about. So I hope that this project is successful in its stated goals. Guess time will tell...
This thread is moderated and inflammatory posts will be deleted.
The blockchain holds all of the proof of conduct necessary.
The blockchain holds all of the proof of conduct necessary.
The premine will never be sold. It will be locked in a 3-of-4 multisig wallet and staked periodically each year. The interest generated will be sold to donors directly.
Bryce Weiner no longer works for Blocktech due to their unethical conduct. This is a well known fact. Blocktech had nothing to do with this network.
The official pool isn't online but it will certainly be posted here when it is!
Thank you for your support!
Premine is ridiculous The official pool isn't online but it will certainly be posted here when it is!
Thank you for your support!
Yep... I had a pool built and ready.. but then saw the amount of coins already in circulation.. Ridiculous! Bagtech Product.
Bryce Weiner no longer works for Blocktech due to their unethical conduct. This is a well known fact. Blocktech had nothing to do with this network.
The official pool isn't online but it will certainly be posted here when it is!
Thank you for your support!
Premine is ridiculous The official pool isn't online but it will certainly be posted here when it is!
Thank you for your support!
Bryce Weiner no longer works for Blocktech due to their unethical conduct. This is a well known fact. Blocktech had nothing to do with this network.
The official pool isn't online but it will certainly be posted here when it is!
Thank you for your support!
The official pool isn't online but it will certainly be posted here when it is!
Thank you for your support!
Where is the working wallet? Wallet from website shows no response and error while running it. Also is it launched? Any pools?
The BitSeeds Custody Address
---------------------------
The custody amount of 100,000,000 BITS was generated in Block 1 and shall be staked for seven days to form a core of funds to kickstart the BitSeeds Foundation. The custody amount is to be held in a 3-of-4 multisig wallet (BhHpy32LSFgpqNp8ZUpq1dvyJYkuG83JTW) generated with the following public keys:
> **Gabe Aronovich**
> 02f79cdcc8dde477bd4547fda9bc4405081067da7e631dcfb01fce0bc5e0b0402a
> **Coin.co**
> 0314b1e751d0ae6d51805820ea5f64b9fc879454341e259d9b1a919e4710e9ede7
> **Rainforest Foundation**
> 028b9da0d90bc9919648dc95dc07e4c8ac18512277acf6d9620bd24264de8920eb
> **Bryce Weiner**
> 02567e06ff807804a16f189e43f3da8b6647bb0ad1a616386b0aa3e27363a2bdb6
The custody amound shall not be spent, but shall be staked no more frequently than a quaterly basis after the initial seven days following launch. Interest generated will be directly reinvested into development of the BitSeeds ecosystem by incentivizing participants and vendors to accept BitSeeds for the automatic charitable tax deduction (see below). The interest paid on the first seven days shall be held and staked by the BitSeeds Foundation as a means of thanking donors for supporting our mission and that of the Rainforest Foundation.
---------------------------
The custody amount of 100,000,000 BITS was generated in Block 1 and shall be staked for seven days to form a core of funds to kickstart the BitSeeds Foundation. The custody amount is to be held in a 3-of-4 multisig wallet (BhHpy32LSFgpqNp8ZUpq1dvyJYkuG83JTW) generated with the following public keys:
> **Gabe Aronovich**
> 02f79cdcc8dde477bd4547fda9bc4405081067da7e631dcfb01fce0bc5e0b0402a
> **Coin.co**
> 0314b1e751d0ae6d51805820ea5f64b9fc879454341e259d9b1a919e4710e9ede7
> **Rainforest Foundation**
> 028b9da0d90bc9919648dc95dc07e4c8ac18512277acf6d9620bd24264de8920eb
> **Bryce Weiner**
> 02567e06ff807804a16f189e43f3da8b6647bb0ad1a616386b0aa3e27363a2bdb6
The custody amound shall not be spent, but shall be staked no more frequently than a quaterly basis after the initial seven days following launch. Interest generated will be directly reinvested into development of the BitSeeds ecosystem by incentivizing participants and vendors to accept BitSeeds for the automatic charitable tax deduction (see below). The interest paid on the first seven days shall be held and staked by the BitSeeds Foundation as a means of thanking donors for supporting our mission and that of the Rainforest Foundation.
wow sorry missed 1 "0"
Don't worry, the OP found it and added it to the premine for you....
Oh sorry, not a premine, a "custody amount"...
wow sorry missed 1 "0"
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