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Topic: [SKY] Skycoin Launch Announcement - page 183. (Read 381579 times)

legendary
Activity: 1484
Merit: 1005
February 12, 2014, 01:56:38 PM
Looking forward to the obelisk white paper!
hero member
Activity: 498
Merit: 500
February 12, 2014, 01:49:29 PM
Subscribe to BM-2cXxcRpG1raeNYwDjcb6Axxqi4yiMdqvPf for broadcast announcements and public Q&A
newbie
Activity: 10
Merit: 0
February 12, 2014, 12:46:19 PM
This might be the most promising coin in terms of actual features! How can I help with its development? Run the alpha client?
sr. member
Activity: 672
Merit: 274
February 12, 2014, 12:15:17 PM
The same here. Smiley
newbie
Activity: 14
Merit: 0
February 12, 2014, 12:00:16 PM
i like it ! count me  in
hero member
Activity: 756
Merit: 500
February 12, 2014, 06:31:36 AM
I'm interested too! I think it has great potential Smiley
member
Activity: 103
Merit: 10
February 11, 2014, 10:54:33 PM
Keeping an eye on this.
How is he going to decide the initial 50btc allocation?
member
Activity: 69
Merit: 10
We are all entering a new era.
February 11, 2014, 09:52:35 PM
Finally here! I got to be a part in this!
full member
Activity: 238
Merit: 100
February 11, 2014, 09:50:05 PM
If there is a constant supply of coins being sold into the market(for the next 5 years). How will the IPO or early investors make money.
full member
Activity: 182
Merit: 100
February 11, 2014, 08:57:50 PM
The key is to really leverage the fact that this is superior than Bitcoin. You really have to document and provide articles and facts supporting the rationale for no mining when you market this. You have to instill confidence by presenting these points to justify this coin
full member
Activity: 182
Merit: 100
February 11, 2014, 08:41:56 PM
1) My question for you, OP is how do you plan to market this coin. You mentioned that you are hiring some marketing company. But approximately how much money is needed to achieve the goal of becoming number 1)

2) This seems like a very well thought out coin. What steps will/have you taken that will ensure a positive ROI for the initial IPO funders? What do you expect the outlook to be in terms of price per coin in a years/5 years time?

Thank you
hero member
Activity: 574
Merit: 500
February 11, 2014, 08:39:18 PM
How does one become a member of the skycoin community... ?
full member
Activity: 182
Merit: 100
February 11, 2014, 08:35:07 PM
LOL another scam, fuck u morons with ur IPOs

I don't understand how the distribution scheme is indicative of this being a scam. The creator presents this coin to be free of mining and therefore, in order to get a sufficient amount of this coin, obviously, you would need to purchase it.

The fact of the matter is that he is releasing 1 million coins on day one for a specified rate. Whether or not the market decides that it will be higher or lower than this rate, once the 100k is released daily, I don't know.

However, accusing this of a scam because you can't get a 10000% ROI is unjustified.

What, I would like to see is a bit more information on the background of the developer and the team, since his account is fairly new, without the trust that many others have.
sr. member
Activity: 448
Merit: 280
February 11, 2014, 07:57:24 PM
Your project is awesome, sorry for my reaction, but they are so many scam IPO... Or deceptive like Ethereum...

The marketing is very important for a new coins, and the community can do that. No technical skills needed, every body can be a part of this. But I don't know how you can sell $0.03 / SKC and give it for free at other people ?

Anyway, still following your project Smiley
hero member
Activity: 498
Merit: 500
February 11, 2014, 07:44:59 PM
OMG $0.03 / Skycoin at IPO ? AT IPO ?
5000 BTC is for dev, for buy ferrari and castle in France.

1. Skycoin community members will get free coins, but we are not announcing mechanism yet to prevent cheating.
2. The initial IPO is $30k or 50 Bitcoin, valuing Skycoin at 3 million.
3. Most of the 0.1% per day of new coins will go to community members and people making contributions on project.

Also:
1> Developers working on altcoin projects such as Ethereum are being offered $15,000 a month, 300 BTC at launch and then single digit percentage of new coins. Skycoin has teams in place and is not competing on greed basis for developers.
2> A company launching a new brand of Tequora spends 60 million dollars in marketing to reach mainstream and build brand awareness, for a single territory.  To reach Litecoin level acceptance, a new coin needs a 200 million dollar marketing budget or has to be extremely compelling and appealing to a particular niche who will readily adapt the coin. No coin to date has reached widespread mainstream acceptance.

---

Skycoin is not a speculative coin. Skycoin is an infrastructure component in OP Darknet Plan and OP Redecentralize.

See:
http://www.reddit.com/r/darknetplan
https://github.com/redecentralize/alternative-internet

OP Darknet Plan and OP Redecentralize are global social movements consisting of multiple darknet factions and globally distributed informally organized groups with a membership consisting of hundreds of developers and nearing a hundred thousand supporters across the globe. OP Darknet Plan was organized in response to SIPA, SOPA, PIPA, internet censorship and revelations of internet mass surveillance.

Skycoin can be used for peer to peer payments like Bitcoin, but is currently primarily the base credit unit and transaction layer for implementation of several proof-of-bandwidth and distributed service protocols currently under development.

---

One of the applications under development is the Skycoin darknet routing protocol. The Skycoin routing node enables "link aggregation" across multiple computers which are connected by wifi. If you have a 10 Mb/s internet connection and you have fifteen neighbors with 10 Mb/s internet connections who are running a nodes, the router node can aggregate the wifi connections into a 160 Mb/s connection.

- Peers receive SKY for providing bandwidth and transport to the network and users spend SKY to consume network resources.
- Skycoin is designed with native support for off-blockchain transactions for low overhead bandwidth micro payments.
- The nodes relaying traffic are unable to determine the full network path of the traffic (onion routing)
- The nodes relaying traffic cannot see the the contents of the traffic (end-to-end encryption and link encryption).
- the router runs on $40 Rasberry pi hardware
- Skycoin routers can connect at 1 Gb/s over 15 km using 24 Ghz Ubiquity hardware
- software defined radio devices running on FPGAs are in development

Skycoin is an attack on ISPs and wireless companies in the same way that Bitcoin is an attack on the banks. One of the long term goals of the Skycoin project to create the financial incentive and software infrastructure required for community ISPs. The Skycoin project is attempting to create the financial incentives to deploy open access community mesh networks that span the last mile between homes and fiber.

The routing protocol will be on github within two months and the coin will be launched within a week.
legendary
Activity: 1526
Merit: 1012
February 11, 2014, 07:22:42 PM
LOL another scam, fuck u morons with ur IPOs
hero member
Activity: 656
Merit: 500
February 11, 2014, 07:20:00 PM
I don't get why all the interesting coins have such horrible release models.

What would you have liked to see instead? I think it's not bad personally
How about releasing 99% of the coins for free?  Tongue

Seriously, you(skycoin) will sell only 1% initially and then profit by selling more of your coins over time? Goodbye.
sr. member
Activity: 448
Merit: 280
February 11, 2014, 06:10:03 PM
OMG $0.03 / Skycoin at IPO ? AT IPO ?
5000 BTC is for dev, for buy ferrari and villa in France.
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
February 11, 2014, 05:06:51 PM
I don't get why all the interesting coins have such horrible release models.

What would you have liked to see instead? I think it's not bad personally

These new innovative coins can get pretty expensive.
full member
Activity: 182
Merit: 100
February 11, 2014, 03:27:51 PM
I don't get why all the interesting coins have such horrible release models.

What would you have liked to see instead? I think it's not bad personally
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