Topic: [PRE-ANN] [DBC] Distro-Blitz Coin | The biggest faucet in history | IPO in BLTZ - page 5. (Read 14530 times)

ok, thanks

I am in with my 20k BLTZ !

We are in touch with bittrex, if you have your coins there, they will be automatically swaped to DBC when we'll be ready, just be a bit patient, we don't want to rush this too much.

We are thinking about allowing 2 days of trading for blitz, to allow people sell some and newcomers to buy a bunch to enter the project.

This is a pre-ANN thread and nothing is definitive. Official ann thread will be setup during this week, as community members around agree on something.

Don't forget to join our IRC : http://webchat.freenode.net/?channels=distroblitz

and follow us @distroblitz !

I have a bunch of these damn coins, just let me know when the swap happens. Thanks for the work man.

All my coins frozen on bittrex.com
how do I exchange them?
 

Really like this project.  Unique and different.  Why create another coin like everyone else, instead just harvest a failed one into something special.

Distributing coins via the faucet seems like it could be the fairest way to get the coins out there.  Whether you have a GPU warehouse, ASICS or nothing more than a laptop, you all have the same opportunity to get an even share of the coins.  Great idea !

We have been thinking about how to exactly roll the coins out of the faucet, here is what we got so far.  Please speak up with your thoughts/concerns/suggestions.

I really like the idea of giving out a percentage of the remaining coins in the faucet, this creates a gradual reduction in the release of coins over time which should gradually increase the value of the coin.

for the 1st week, the payout would be 0.001% of the remaining faucet balance per submission.
for the 2nd week, the payout would be 0.0015% of the remaining faucet balance per submission.
for the 3rd week, the payout would be 0.002% of the remaining faucet balance per submission.
for the 4th week, the payout would be 0.0025% of the remaining faucet balance per submission.
the payout would remain at 0.0025% until it gets to something really low like 2-5 coins and then the payouts would be linear until the well is dry.

I think this would get the coins out in a pretty steady rate.  The first payouts in week 1 would start at 1000 DBC.

Also thought it may be neat to add one or both of the following features:
- each submission to the faucet only gives you a chance to get a payout, would be a good chance like 1 in 2 or something.  Adds a degree of chance/luck to the process.
- have a small percentage of bonus payouts, these would pay you something like 5x what your payout should have been.

Please let me know what you think.

Really interested to see how this all works out.

Keeping a close eye here.

You can have more using the upcoming faucet !

Already You Have the list of the old IPO (First contributors to BLTZ) .,Please Add them to the ANN and  how you are going to reward them 2 in 1 or 1 in 2 ..By This New BLTZ project will  earn back some trust and creditability.Thanks

I have a measly 600 coins, but I'm in.

That's cool ! I hope more ipo hybrid people join !

*well i'll contact them lol

I agree. Its a great thing to see. Faith in humanity restored!

GREAT! You can count me in!

I was not paid for the BLTZ IPO, and it is so sad that Blitzcoin had such bad start.

I am here again ready to help, and now I will update my informative blog post in Portuguese language at http://criplib.blogspot.com.br


Thank you, and success for us all!

good to see the community get behind this coin

If you are someone who was not paid in BLTZ IPO HYBRID, just tell us who you are, we will pay your bounty in DBC !

So we came with what is maybe a better idea to have a smooth swap.

We could simply make:

DBC = BLTZ supply
Every holder will have half their stakes.
Faucet will be credited of 50% of DBC - DBC allocated for IPO Hybrid (half the original amount)

Then have an unexchanged balance for people who won't be around for the swap.

To claim it they will have to send their blitz to a thrash BLTZ address and send us txid + amount.; unclaimed balance will be destroyed 6 months after release.

What do you think ?

(btw, the swap can be done with bittrex; fully automated. That would mean people having bltz sitting on bittrex will receive half their amount in BLTZ in DBC, automatically, I haven't be in touch with other exchanges yet)

I am interested in
 

That how it rolls. We are part of the community that honored a promise even it's not from us. Let's make it part of the ANN.

quoted from old thread.

I totally agree; we should deduce IPO bounties from faucet and pay old investor back for their work, and ask them for the same service they made for blitz maybe ?

Any volunteer to make this happen ? To contact every people involved for IPO, tell them about distroblitz and ask them for same services for half their blitz promised.

Good people come, read and see what great new community can come up in few hours

This is one of the best ideas to bring destroyed coin to life and make it useful...and make a VALUE!

Old dev gave up and destroyed everything WE WON`T !!!

Support SLAVO and all community to help succed !

It is in interest of all who wasted time and money in blitzcoin.

I will prepare translation of new thread in polish language also


Best Regards

zyduuu