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Topic: [PRE-ANN] DiversityCoin (DIV) (Read 998 times)

legendary
Activity: 2124
Merit: 1013
K-ing®
May 20, 2014, 11:46:41 PM
#2
Do you maybe have start time now?
member
Activity: 84
Merit: 10
April 01, 2014, 02:36:08 AM
#1
First things first: DiversityCoin (DIV) is 100% pre-mined.  Its aim is to share the coins to lots of people even for those who do not have access to a mining rig especially to those who are not even familiar with crypto-currency. Our target is to let more people become aware of this technology and become comfortable using it.

Each individual will initially receive 2500 DIV while any charities/foundation that want to participate will get 15000 DIV.  We will also use a percentage of the coin for creating faucets (anyone can use the faucet even if they have been given 2500 DIV already) and to partner with different companies/websites for promotions (eg. Signup for a website and get free DIVs).  We will list the partners when nearing launch.

We cannot promise everyone will get an equal share but we will let everyone have an opportunity to get coins.  We will provide different venues for people to receive coins, and we will announce it when near launch day.

Since our target is to have more mainstream people to become comfortable using crypto-currency, we will be launching our own marketplace (sort of a fiverr/ebay type of site) where they can use DIV. We will not focus on having DIV included in an exchange. It’s a nice thing to have and say we are on a particular exchange but we believe that the goal of any crypto-currency is for purchasing an item or a service.  Currency exchange is secondary or optional.

We don’t want the average Joe to think that crypto-currency is to be exchanged in fiat or for trading with other alts only.  We want them to think that crypto-currency can be a real replacement for their fiat money.  DIV may not become as valuable as other popular altcoins. We may even be forgotten or regarded as another shit/scamcoin but if we are able to make some people realize the potential of replacing fiat with crypto-currencies, then our job is done and we are happy with it.   You might also say that we can just do this with existing coins but to distribute to a lot of people, it will take considerable mining power/ btc to accumulate enough coins.  It will be easier to create a new coin.

DIV is POS with a 1% nominal interest per year.  

More details on the coin to be released as we finalized testing it.

Take note that I am not the dev of the coin, instead I asked someone from the community to create it.

Also since this is 100% premined, I am in talk with different guys to act as a sort of escrow.  Once I have all the coins, I will give each of the escrow a percentage of the coins.  That way, I do not have access to all of the coins.  I will only manage a percentage and an escrow will only give me the coins he is holding when the one I am managing is almost gone.  One already agreed to this and I will post his id soon.  There is also another one who expressed interest but we have not yet really talked but im hoping he will as he has a big trust rating and was used on another recently-released coin.

One guy also already agreed to setup a faucet for the coin and as of now just accepted to be our second escrow.  He's maarx.  He'll be an escrow and will also provide faucet for the coin.

If any of you want to provide faucets, just message me.  To those who are part of a group or organization at their schools or office, if you want to help in distributing the coin, message me also.

Will keep this post updated.

Tentative launch date is 3rd or 4th week of April.
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