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Topic: New Thread, visit link below - page 3. (Read 10265 times)

full member
Activity: 238
Merit: 100
March 31, 2014, 02:03:59 PM
#45
First of all, the concept sounds interesting. But I have a few questions and suggestions.

Just an edit on this as well since the wallets and source won't be available until the IPO investments and Buy Backs are complete then no exchange can add our coin before launch.

This will ensure that as a community we will have already given an associated value to the coin through our IPCO structure.


Correct me if I missunderstood you.
You say that there won't be a wallet and source available until the IPO is completed.
So you want to say I haven't even a prove that this coin really exists until the IPO ends (after all 7 stages)? So you just playing with numbers like "Thank you for investing 0.5 BTC your stake of xxx CPL is documented"?
You have to admit that this will lead to a very risky investment, if you can't prove that there is at least a coin behind this concept.

We do not do escrow as we are providing  buy backs which is much more efficient to the community and if you stopped to read instead of just seeing IPO and thinking its a scam we are trying a new innovative solution to IPO to allow everyone to profit.

And a suggestion to the escrow service. You wrote escrow would be difficult because of the buy backs. You could easily instruct a trustworthy member who offers an escrow service. The escrow agent could also run the buy backs for you.

sr. member
Activity: 294
Merit: 250
March 31, 2014, 10:46:59 AM
#44
Theme is a bit dark.. but interesting concempt!

sr. member
Activity: 616
Merit: 251
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March 30, 2014, 03:03:32 PM
#43
Interesting concept, I PM'd you Smiley
hero member
Activity: 742
Merit: 500
March 30, 2014, 05:58:33 AM
#42
wow I'm impressed by the number of fresh accounts in this thread  Shocked
newbie
Activity: 52
Merit: 0
March 30, 2014, 02:38:31 AM
#41
The logo is cool.
Looks like very professional.
But I don't like IPO coin.
If you want to make a IPO coin, I think you need find an escrow.

The way we have established this coin is through the basis of stage 1 - 3 will go into the development of this coin i.e. large projects like android wallet and the rest will be used for marketing.

Once stage 4 is complete we will use the BTC made from that stage to actually buy back the coins from the individuals that want to make a small profit off the investment hence why an escrow service may be difficult to use.

We will talk about how to accomplish this internally we may have an idea that will be presented on April 1st for the official launch of the IPO
member
Activity: 107
Merit: 10
March 30, 2014, 02:35:49 AM
#40
The logo is cool.
Looks like very professional.
But I don't like IPO coin.
If you want to make a IPO coin, I think you need find an escrow.
newbie
Activity: 52
Merit: 0
March 30, 2014, 02:31:25 AM
#39
Your argument is counter intuitive you are saying then that anyone who invests will make money which is absolutely correct however I don't think that was the point you were trying to make.

If you cannot invest due to lack of funds we do have giveaways as well you can be a part of to claim your stake in our coin.  
legendary
Activity: 1316
Merit: 1145
March 30, 2014, 02:18:43 AM
#38
Use 3rd party escrow for all IPO's.

The escrow should not release BTC to the promoters, until everything promised is delivered!


Excellent Suggestion IF you have any recommendations please contact me directly through PM or email [email protected]
No, I will not contact you. I'm not here to help you, I'm trying to prevent potencial IPO buyers from being scammed.


yes , there's so many DEV think they can scam investor again and again by using copy code just change the name and number. we need btt to stop this.

+1
stop fool us! stop scam us!
Without escrow, it is only another yet shit scamcoin.

Blackcoin goes well as it's fairness, ZERO prmined, NO IPO.

It built the trust in the community.

But the "features" of   another yet shit scamcoin are
1. heavily premined
2. Then IPO
3. copy-and-paste
4. failure launch or run away with money.


From what I gather, it's a premine only IPO to allow investors to make money. since its like blackcoin, guessing scrypt PoW, 50% is gained interest via PoS.

It means the price always stays up, no early miners, and no one destroying the coin as everyone wants the price to stay up. It's like investors heaven.

Most altcoins are a scam now. This is upfront about where it's going, what it's for. Guess i'm the only one who thinks with their head.

I'll def get in on the initial IPO.

You are damned right!!!  Only one, that's you, will invest the "great" shit. Go ahead!!
You will be successful as the dev. You will be as rich as the dev.
And you will get a lot of bobo shit!
Good luck.
legendary
Activity: 1316
Merit: 1145
March 30, 2014, 02:16:20 AM
#37

With Blackcoin-like copy code + EXO IPO plan, it's still not enough.
You need learn Stackcoin  to PS a nice picture.
In that case, you are so close to the success.
member
Activity: 88
Merit: 10
March 30, 2014, 02:16:11 AM
#36
Use 3rd party escrow for all IPO's.

The escrow should not release BTC to the promoters, until everything promised is delivered!


Excellent Suggestion IF you have any recommendations please contact me directly through PM or email [email protected]
No, I will not contact you. I'm not here to help you, I'm trying to prevent potencial IPO buyers from being scammed.


yes , there's so many DEV think they can scam investor again and again by using copy code just change the name and number. we need btt to stop this.

+1
stop fool us! stop scam us!
Without escrow, it is only another yet shit scamcoin.

Blackcoin goes well as it's fairness, ZERO prmined, NO IPO.

It built the trust in the community.

But the "features" of   another yet shit scamcoin are
1. heavily premined
2. Then IPO
3. copy-and-paste
4. failure launch or run away with money.


From what I gather, it's a premine only IPO to allow investors to make money. since its like blackcoin, guessing scrypt PoW, 50% is gained interest via PoS.

It means the price always stays up, no early miners, and no one destroying the coin as everyone wants the price to stay up. It's like investors heaven.

Most altcoins are a scam now. This is upfront about where it's going, what it's for. Guess i'm the only one who thinks with their head.

I'll def get in on the initial IPO.
newbie
Activity: 52
Merit: 0
March 30, 2014, 02:13:46 AM
#35
We do not do escrow as we are providing  buy backs which is much more efficient to the community and if you stopped to read instead of just seeing IPO and thinking its a scam we are trying a new innovative solution to IPO to allow everyone to profit.

If you can't see the difference between a traditional IPO and what we are doing here which is establishing a baseline value for the currency and allowing the early adopters the ability to profit through the IPO stages without having to wait until launch then so be it

jr. member
Activity: 56
Merit: 10
March 30, 2014, 02:10:29 AM
#34
Use 3rd party escrow for all IPO's.

The escrow should not release BTC to the promoters, until everything promised is delivered!


Excellent Suggestion IF you have any recommendations please contact me directly through PM or email [email protected]
No, I will not contact you. I'm not here to help you, I'm trying to prevent potencial IPO buyers from being scammed.


yes , there's so many DEV think they can scam investor again and again by using copy code just change the name and number. we need btt to stop this.

+1
stop fool us! stop scam us!
Without escrow, it is only another yet shit scamcoin.

Blackcoin goes well as it's fairness, ZERO prmined, NO IPO.

It built the trust in the community.

But the "features" of   another yet shit scamcoin are
1. heavily premined
2. Then IPO
3. copy-and-paste
4. failure launch or run away with money.
newbie
Activity: 52
Merit: 0
March 30, 2014, 02:05:42 AM
#33
we will be following the same process as blackcoin which is strictly POS just like a lot of other coins.

How can this not process transactions we are just processing the original POW part of the coin internally and changing the algorithm to strictly POS it is quite simple and others have done this.

We just don't see a point in providing the POW details as they are not relevant to launch.

The other reason for the fork and not just allow the scrypt to go from POW to POS is to alleviate our wallet collecting more coins through POS
newbie
Activity: 27
Merit: 0
March 30, 2014, 02:01:33 AM
#32
You didn't specify the PoW algorithm in the first post.  Sure have a complex iPO structure though.  What's the point?  Why not just use Blackcoin or Mintcoin or just use Novacoin or Peercoin?  The coin specs don't really offer anything more unique.  500 blocks to maturity?  Wut?  Why?

There is no POW algorithm that is the point this is a straight POS coin that will be hard forked at launch so the only time this will be POW is to generate the initial coins for the IPCO and bounties. Then whoever buys into the IPO will receive coins on the hard fork and will generate POS 8 hours after they receive them.

What is unique is we are offering a guaranteed return on investment. We are allowing any early adopter to make money off the coin before it hits an exchange no one else has offered that.

That is supposed to be 50 blocks to maturity I apologize that was a typo. I will fix that now thanks for catching it.
Ok, well, now we know this is ridiculous.  Obviously you guys don't know how coins actually work.

:shakes head:

Good luck with a coin that can't process transactions ;-)
newbie
Activity: 52
Merit: 0
March 30, 2014, 01:54:45 AM
#31
You didn't specify the PoW algorithm in the first post.  Sure have a complex iPO structure though.  What's the point?  Why not just use Blackcoin or Mintcoin or just use Novacoin or Peercoin?  The coin specs don't really offer anything more unique.  500 blocks to maturity?  Wut?  Why?

There is no POW algorithm that is the point this is a straight POS coin that will be hard forked at launch so the only time this will be POW is to generate the initial coins for the IPCO and bounties. Then whoever buys into the IPO will receive coins on the hard fork and will generate POS 8 hours after they receive them.

What is unique is we are offering a guaranteed return on investment. We are allowing any early adopter to make money off the coin before it hits an exchange no one else has offered that.

That is supposed to be 50 blocks to maturity I apologize that was a typo. I will fix that now thanks for catching it.
newbie
Activity: 27
Merit: 0
March 30, 2014, 01:51:34 AM
#30
You didn't specify the PoW algorithm in the first post.  Sure have a complex iPO structure though.  What's the point?  Why not just use Blackcoin or Mintcoin or just use Novacoin or Peercoin?  The coin specs don't really offer anything more unique.  500 blocks to maturity?  Wut?  Why?
full member
Activity: 182
Merit: 100
newbie
Activity: 52
Merit: 0
March 30, 2014, 01:34:25 AM
#28
Agreed which is why we want to avoid it

Im sold, sent you a message. Thanks

Replied thanks for joining we will be taking requests until official opening of IPCO on April 1 2014
newbie
Activity: 46
Merit: 0
March 30, 2014, 01:13:31 AM
#27
Agreed which is why we want to avoid it

Im sold, sent you a message. Thanks
newbie
Activity: 52
Merit: 0
March 30, 2014, 12:54:17 AM
#26
Agreed which is why we want to avoid it
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