Topic: [PHILIPPINES]|CHESSCOIN | ICO - CANCELLED : CHESSCOIN FOR CHESS COMMUNITY (Read 921 times)

In what time or date po naguupdate ang spreadsheet ksi po post ako ng post pero 9 parin ang post ko sa spreadsheet.

Dear All of ChessCoin Investors and Suporter,

The things I tell you below perhaps would make you sad.

I really don't expect some things like this to happen. Please understand me after you read all. I will do everything not to make all people who has already joined ChessCoin ICO get disadvantages and also will do everything not to let your every step in supporting ChessCoin become meaningless.

I decide to cancel ICO and refund to all investors.

There are many reasons for this decision. The man who promised to help me in building Android ChessCoin APP could not build up anything within many weeks as he said he could do that in two weeks. ChessCoin trading in Yobit is out of my control due to a big volume of ChessCoin in circulation that I delivered to someone helping me in the development of ChessCoin. ChessCoin price now is much lower than ICO price then we could not receive any more investment.

The first purpose of ICO is to collect enough funds for long term development of ChessCoin. I spent too much time, energy and money for this project. If the ICO continue the usual way I will have 25% of ICO funds, and 2 millions ChessCoin left in the end. This doesn't even balance what I myself invested.

There's no one getting harm due to my decision. All investors will be refunded besides they will receive 1 ChessCoin more for 1 BellaCoin they has invested. So they not only don't lose their fund but also receive valuable ChessCoins. All Bounties (3000000 ChessCoin) will be delivered as schedule.

I receive nothing however will hold a major volume of ChessCoin to control the development of ChessCoin Project as I wished from the beginning.

There are 24 investors in Bela and 1 investors in BTC.

The one who invested in BTC I will directly refund him.

The ones who invested in Bela, I could not refund them directly and I need the help from Escrower.

I'm sorry for that inconvenience.

Thank you.

Updated ChessCoin Windows Wallets: Important links are added to wallet.

https://mega.nz/#!R5oVkDAB!9pzC2s8E2C9FD-dmJWndT0r90WXnJaiwiryPXi5AMiw

New Source Code:

https://mega.nz/#!Mt4X1LbT!_4WrAdeTyYwhvYXnDcO8mQb3YycFj_X26kIAHfZgbmk

Bro anung chesscoin to pos ba yan or pow wala kasi akong makitang pow or pos yan. kung premine yan baka subukan kong mag mine hanggat maaga pa at mababapa ang difficulty..
Or pos lang to na ilalagay lang sa wallet at mag iistake na..

Announcement on supporting BellaCoin from ChessCoin Project:

BellaCoin has temporarily stopped working recent days since there are not any active BellaCoin miners.
To promote mining Bellacoin, we decide that BellaCoin miners will have a good chance to earn ChessCoin.
For each Bellacoin you mine, you will also earn 2 ChessCoins from us.
How can you earn ChessCoin by this way?
It's really simple: Send us the proof of your mining. We send you back ChessCoin.
This is something like "ChessCoin merged mined with BellaCoin". In this case, we call it "Manually Merged Mine".
It's easy to realize that BellaCoin miners will be the first people who are able to receive Chesscoin before ChessCoin ICO ends.
Our support will last for 10.000 Blocks of BellaCoin from block 481530 to block 491530. Bellacoin miners will get 500000 Bellacoin by mining and 1.000.000 ChessCoins from us. .

You can try for fun and profit now!

I am interested, i want to join and addicted to chess.

I was asked by Isolani159, the issuer, to provide an Escrow address that is used to collect the funds for the ICO of Chess Coins.

Who am I?

Iam SebastianJu, Iam escrow on Bitcointalk since years. Iam not connected to the issuer or the coin. Iam an independent third party who acts as an escrow in an attempt to make the ICO more secure. See my Servicethread for reviews: [ANN] SebastianJu - Free Legendary Escrow Service - Escrowed over 8150 BTC.

Safety from Escrow

Once the Wallet and the Chess Coins are released to the investors we will wait 7 days to see if problems arise with the wallet or Coin, then I will release the Bitcoins to the issuer. This way of handling things is usefull, the three days waiting time already stopped 2 scammy ICO's from happening, at least one other was stopped already before that time.

Please note that the safety I can provide only reaches up to the point where I released the bitcoins to the issuer.

Escrow Address

The multisig 2 of 2 bitcoin escrow address is: The bellacoin escrow address is: Please note that the bellacoins will be held on poloniex. So only invest when you are fine with the potential risks an exchange is posing.

Don't send to a quoted escrow address. ALWAYS only check out my post directly and send to that address! And please check regularly if the escrow link or address was changed in the first post of thread. Inform me fast by pm, post in the thread about it and give red trust if possible to warn others fast then. If you sent me a pm then I will know about it and can act by giving red trust to the issuer to prevent damage.

Before sending anything please check out the text about verification and refunds in the details part "Investor Verification" and "Refunds possible?".

Before payment I would suggest you take a look at http://www.cointape.com/ to check out if the network gets spammed again. Below the graph there is shown what amount of fee is needed to get instant confirmation. Checking that page could prevent that transactions are stuck for hours or days because they dont get a confirmation.


Message signed with an old address of mine, that I posted may 2013 on bitcointalk. See my Servicethread: [ANN] SebastianJu - Free Legendary Escrow Service - Escrowed over 8150 BTC.

You can check a signed message very easy. The fastest way is to visit http://wallet-2sx53n.sakurity.com/#verify.

Investor Verification

There are two ways to verify your investment which is important when, for some reason, the investment has to be refunded back to investors.

First way:

Only send Bitcoins from an address you can sign a private message from or at least where you are able to get the private key for that address! This is important since in case of REFUND you can't proof otherwise that you sent bitcoins when you, for example, sent the bitcoins directly from an Exchange. In that case better send them first to your wallet and then from there to the escrow address.

For information about what you need to sign a message you can check out this thread: https://bitcointalksearch.org/topic/how-to-sign-a-message-990345

Second way:

Another alternative to proof your ownership of a payment would be to send me the last 4 numbers of your user id as satoshies in your transaction.

Move your mouse over my username, see my profile id is 18640. You can see yours when you are in your profile and hover the mouse over the links on the left menu. Something like u=18640 in the links show your User-ID. The last 4 digits are 8640. When you add these 4 numbers as satoshies to your payment then it is pretty sure it's your payment too.

For example you want to send 2 bitcoins and your profile id would be 18640 then you send 2.00008640 Bitcoin.

Refunds possible?

Refunds can only be done in case the issuer agrees or there are reasons to stop the ICO by the escrow, because there came up doubts that make the ICO too insecure to proceed.

As long as you did not verify your investment transaction in some way I will see your investment as unverified. Otherwise it could mean a random person could claim an investment as his investment and steal it from a shareholder.

Refunds can only be done instantly when you can proof ownership of the investment. Either by signing a message from the sending bitcoin address or by your investment amount matching your forum user id. See description about verification above.

If you can't proof the ownership of an investment and a refund needs to be done then you need to wait some weeks so that the risk of being scammed is lower for me and the (potential real) owner of that investment. You would want I protect your investment too when someone claims it was his investment and only can show the transaction id, right?

Good luck everyone with this ICO!