Topic: When Premine is not a scam - a new way to fund altcoin development (Read 745 times)
Consider getting Escrow for the 25% pre-mine funds. It will increase community trust in this coin immensely.
April 28, 2014, 10:33:57 AM
I was asked in another thread, what makes AppleByte different from all the other new coins, so I am also posting my answer here also.
In addition to our funding development from our Crowd Funding Campaign, not the premine, here is what I think differentiates AppleByte:
There are only two kinds of coins that have a potential longterm future:
The first are the coins with significant technical innovations that hope to replace Bitcoin, should it stumble. Peercoin, NXT, Darkcoin are examples of this type.
The second are niche coins, with a focused, engaged user community. Doge is the best example in my opinion.
AppleByte is a niche coin focused specifically on supporting Artists in NYC (Musicians, actors, film makers, directors, producers, dancers, painters, sculptors, writers, photographers, designers, models, production team,etc).
In addition to having experienced technical developers, our Dev Team consists of working artists of all types in NY. Certainly the coin can be used by anyone, around the globe. But by focusing all our promotion in one geographic market, we believe we can build the critical mass of support and usage to succeed longterm.
Additionally, AppleByte is no simple clone, we have incorporated state of the art cryptocurrency development features, including DGW2 for difficulty adjustment, automatic checkpointing, DNS Seeds, and an 8 year+ mining schedule.
We also paid for development in Bitcoin, using funds from our Crowd Funding Campaign on Indiegogo, where we have raised over $5,000. You can verify that here: AppleByte Indiegogo Campaign
We started the AppleByte Foundation, which exists to fund Artists Scholarships over the next 8-10 years (No AirDrop). The foundation is funded by the premine.
We believe this combination of features and user community focus sets us apart from the flood of clone, pump & dump coins. Watch us and judge for yourself.
In addition to our funding development from our Crowd Funding Campaign, not the premine, here is what I think differentiates AppleByte:
There are only two kinds of coins that have a potential longterm future:
The first are the coins with significant technical innovations that hope to replace Bitcoin, should it stumble. Peercoin, NXT, Darkcoin are examples of this type.
The second are niche coins, with a focused, engaged user community. Doge is the best example in my opinion.
AppleByte is a niche coin focused specifically on supporting Artists in NYC (Musicians, actors, film makers, directors, producers, dancers, painters, sculptors, writers, photographers, designers, models, production team,etc).
In addition to having experienced technical developers, our Dev Team consists of working artists of all types in NY. Certainly the coin can be used by anyone, around the globe. But by focusing all our promotion in one geographic market, we believe we can build the critical mass of support and usage to succeed longterm.
Additionally, AppleByte is no simple clone, we have incorporated state of the art cryptocurrency development features, including DGW2 for difficulty adjustment, automatic checkpointing, DNS Seeds, and an 8 year+ mining schedule.
We also paid for development in Bitcoin, using funds from our Crowd Funding Campaign on Indiegogo, where we have raised over $5,000. You can verify that here: AppleByte Indiegogo Campaign
We started the AppleByte Foundation, which exists to fund Artists Scholarships over the next 8-10 years (No AirDrop). The foundation is funded by the premine.
We believe this combination of features and user community focus sets us apart from the flood of clone, pump & dump coins. Watch us and judge for yourself.
April 28, 2014, 08:10:03 AM
AppleByte launches this week!
Follow our launch in our social media!
Announce Thread: Announce Thread
Website: AppleByte.me
Crowd Funding Campaign: Indiegogo Campaign
Facebook: AppleByteMe FB Page
Twitter: AppleByteMe Twitter
Reddit: AppleByteMe Reddit
Follow our launch in our social media!
Announce Thread: Announce Thread
Website: AppleByte.me
Crowd Funding Campaign: Indiegogo Campaign
Facebook: AppleByteMe FB Page
Twitter: AppleByteMe Twitter
Reddit: AppleByteMe Reddit
April 26, 2014, 04:04:08 PM
Apple Inc. has trademarked iCoin & iMoney
April 26, 2014, 03:51:58 PM
Isn't Apple copyright?
April 26, 2014, 03:32:18 PM
AppleByte - to support the arts, launches next week in New York City.
Development was funded by our Crowd Funding Campaign on Indiegogo, where we have raised $5,000+ to pay the Dev team. You can see it here: AppleByte Indiegogo Campaign
We then funded the AppleByte Foundation with a 25% premine, which will be used to award Artist Scholarships, over the next 8-10 years.
We believe this is a legitimate use of premine, which will build the user community support longterm. No AirDrop to flood the market, and no Dev pump & dump.
No altcoin can survive longterm without a focused, engaged user community.
More about AppleBytes here:
Announce Thread: Announce Thread
Website: AppleByte.me
Crowd Funding Campaign: Indiegogo Campaign
Facebook: AppleByteMe FB Page
Twitter: AppleByteMe Twitter
Reddit: AppleByteMe Reddit
Development was funded by our Crowd Funding Campaign on Indiegogo, where we have raised $5,000+ to pay the Dev team. You can see it here: AppleByte Indiegogo Campaign
We then funded the AppleByte Foundation with a 25% premine, which will be used to award Artist Scholarships, over the next 8-10 years.
We believe this is a legitimate use of premine, which will build the user community support longterm. No AirDrop to flood the market, and no Dev pump & dump.
No altcoin can survive longterm without a focused, engaged user community.
More about AppleBytes here:
Announce Thread: Announce Thread
Website: AppleByte.me
Crowd Funding Campaign: Indiegogo Campaign
Facebook: AppleByteMe FB Page
Twitter: AppleByteMe Twitter
Reddit: AppleByteMe Reddit
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