Bitcoin Forum

well established project with some info, happy to mine it for the time being. GL guys

"version" : "v0.1.0.0-unk-beta",
"protocolversion" : 60004,
"walletversion" : 60000,
"balance" : 0.00000000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 2723,
"moneysupply" : 10000000027.21999931,
"connections" : 3,
"proxy" : "",
"difficulty" : 0.08789966,
"testnet" : false,
"keypoololdest" : 1430624187,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"errors" : ""
}


Technical Specifications & Code

 
Grantcoin Open Source Code — View the code that powers the Grantcoin digital currency network.

Codebase: Modified from Peercoin, which was modified from Bitcoin

Currency Abbreviation/Ticker Symbol: GRT

Network Ports: 9982 (default) and 9983 (RPC)

Token Divisibility: 6 digits after decimal point, i.e. smallest possible unit is 0.000001 GRT

Transaction Fee: 0.01 GRT for most transactions

Target Block Time: 90 seconds

Token Creation Method: PoW until block 250,000, then PoW/PoS hybrid

PoW Algorithm: SHA-256

PoW Block Reward by Block Height:

    1: 10 billion GRT — Grantcoin reserve for planned distribution
    2 to 49,999: 0.01 GRT — Pre-launch and up to 2 weeks post-launch
    50,000 to 50,999: 6.25 GRT
    51,000 to 51,999: 12.50 GRT
    52,000 to 52,999: 25 GRT
    53,000 to 53,999: 50 GRT
    54,000 to 54,999: 100 GRT
    55,000 to 55,999: 200 GRT
    56,000 to 99,999: 400 GRT
    100,000 to 149,999: 200 GRT
    150,000 to 199,999: 100 GRT
    200,000 to 249,999: 50 GRT
    250,000 to 299,999: 25 GRT
    300,000 to 349,999: 12.50 GRT
    350,000 to 399,999: 6.25 GRT
    400,000 and above: 0.01 GRT

PoS Reward: 1% annually

Planned Modifications: The Grantcoin Foundation will likely execute a hard fork in late 2015 or early 2016 to increase the PoS reward and end PoW mining.

Thanks. FYI, the mining reward is tiny now but jumps up to a significant level at block 50,000 which should be reached in about 10 days. We set it up this way to give lots of people a chance to do their due diligence on this project before profitable mining begins, to make it more of a fair start for everyone who might be interested.

There is a LOT of documentation about this project available. Please read, consider, and if you like what we're doing, support us in whatever way you can.

Blockchain is actually at block 39,994 right now and current difficulty is 20.25. See block explorer here: https://chainz.cryptoid.info/grt/ (https://chainz.cryptoid.info/grt/)

Are you sure you're on the correct chain?

Yeah, I figured that must be it, but you had me freaking out there for a second. lol.

BTW, I'm Eric, one of the founders.

10 billion premine, 50000 empty blocks, pow that is 3% of the premine, 520 blocks to mature. You should kick me in the balls and punch my mama while you're at it.

The purpose of Grantcoin is to provide an economic incentive for socially and environmentally responsible businesses using cryptocurrency grants. The purpose is not to provide most of the distribution of the token to whoever has the most powerful mining rigs, which is what 100's of other cryptos are doing, and which doesn't produce any effect on the economic system or other socially relevant change.

Using the term "premine" reflects a particular view of what cryptocurrency should be, i.e. that it, by definition, is supposed to be primarily distributed through competitive mining. The Grantcoin project doesn't share that view. We created a currency reserve, donated it to a charitable nonprofit, and now we're going to distribute it to promote the socioeconomic vision and goals we believe in. Mining is a small aspect of the project (about 0.4% of total distribution) which is necessary to maintain the peer-to-peer network until there are a large number of holders, and then the more energy-efficient methodology of Proof of Stake will become the primary method. Even then, PoS will be just a small part of what this project is about.

If you'd like to consider the idea of a grant-based cryptocurrency from a business angle, and how this project ties in with growing trends in the broader economy beyond the existing crypto space, check out our business plan (http://www.grantcoin.org/about/business-plan/). There are many ways that cryptocurrency can be used, and Grantcoin has a clear vision and purpose which is different from most altcoins. If it's not for you, that's cool. But we're confident that many people will find value in it.

not without me

So you guys have some pent up anger at miners. I get it. There is 0 reason to mine this coin. Nothing about what you linked makes any sense for a PoW coin. Make it 100% PoS and stop insulting everyone's intelligence.

We considered that option, but there are some advantages to starting with a PoW phase before switching to PoS.

Here's how we think of both the PoW and PoS rewards. It's like a bounty. Whoever wants to claim that bounty will earn about 0.4% of the total coins for about 5 or 6 months of mining this year. That bounty for maintaining our P2P network could go to a handful of miners, or hundreds of them, or who knows how many. Similarly, when we switch to PoS, there's a 1% per year reward, sort of like a bounty, for staking your wallet and thus helping to maintain the network.

This is one way to look at the role of mining and/or minting in a cryptocurrency. We have nothing against miners, as long as the role of mining in a currency is for a specific limited purpose and is rewarded accordingly, just like any other type of bounty for volunteers who assist the project in other ways.

Is this coin a joke,a scam?there are no reason for mining it!!!

Please take a look at the documentation we've released about the project, in the links provided in the opening post. After you do that, I don't think you'll think it's either a joke or a scam. Grantcoin is one of the most ethical and transparent projects in the crypto space.

It was brought to our attention that the Grantcoin Foundation Policy (http://www.grantcoin.org/foundation/policy/) documents on our website were incorrect links. We apologize for the error.

Here are the correct links to these documents:

• Policy on Ethics of Foundation Personnel (http://www.grantcoin.org/documents/policy/ethics-foundation-personnel.pdf) (.pdf)
• Policy on Financial Recordkeeping and Security (http://www.grantcoin.org/documents/policy/financial-recordkeeping-security.pdf) (.pdf)
• Policy on Grantbanks (http://www.grantcoin.org/documents/policy/grantbanks.pdf) (.pdf). Also see this page for information about the Grantbank system (http://www.grantcoin.org/foundation/grantbanks/) of national and local chapters of the Grantcoin Foundation.

Will Grantcoin be a DCO/DAO?

If not then I highly recommend they take that route. Please don't repeat the mistakes of the Bitcoin foundation.

http://bollier.org/sites/default/files/misc-file-upload/files/DistributedNetworksandtheLaw%20report,%20Swarm-Coin%20Center-Berkman.pdf

This is particularly important for legal security, technical agility, technical and social resilience. These are my suggestions and if you'd like to discuss it more then I'll discuss it in PM.

I like the idea of the project overall and will look deeper into it to see if it makes sense.

I like the concept of a DAO in theory, but in practice it's difficult to implement for complex projects that require a lot of human free choice to make decisions and implement them. There may be aspects of a DAO that can work for Grantcoin, and those aspects should be explored to see how the project could benefit from that type of structure, such as by increasing resilience and minimizing single points of failure in the legal and technological realms.

Furthermore, some aspects of the Grantcoin project may be possible to automate, at least somewhat. For example, we may try to create standardized scoring systems for companies that apply for grants, to make the criteria uniform at least within each country. On the other hand, there are also aspects that require human input and review, such as audits of national and local grantmaking affiliates; decisionmaking about what the grant criteria should be in geographical areas with different economic conditions, laws and norms; and decisions at the national and local levels about how to allocate limited resources among various companies that meet the grant criteria.

Grantcoin is a people-powered currency, based on essentially the idea of crowdsourcing the distribution of a money supply within the boundaries of specific criteria to promote the values of sustainability. Or, to use a more old-fashioned term, a monetary democracy with a set of rules governing the people making the decisions. It's decentralized in that the decisionmaking will occur primarily in local communities, by people who directly know the small businesses in their communities and whether they are doing good for the people there or harming the local community and environment.

okay I have a feeling this is going to be a near immediate pump and dump on may 15th when GRT ripple trade goes live. Count me in. Im putting in a buy order now, how does one know what the value is exactly? am i just going to guess what itll be then? there wasnt any pre-sale it doesnt look like so I dont really have any bench mark.

seems interesting.. will look into this later.

$17,500 in capital has already been raised from sales of the tokens to founders and a few other investors, before the existence of Grantcoin was announced publicly. The largest pre-market purchase came from a small private investment company owned by 17 shareholders (disclosure: I am one of them). That sale occurred at the price of $0.000075 USD per GRT.

The Grantcoin Foundation will start selling GRT on exchanges at an opening price of $0.0001 USD, or 0.00000050 BTC, or approximate equivalent in other currencies. There will be amounts for sale at ascending prices, so that when the amount available at one price is sold out, then buyers will have to buy at the next higher price unless people choose to dump.

The current draft of the sales plan is available in this spreadsheet (http://www.grantcoin.org/documents/sales-on-exchanges.xlsx). You will notice that much more GRT is available for sale at higher prices than at lower prices. It's designed that way deliberately, for two reasons:

1. Motivate people to buy at the beginning to get a good price while we're still selling it cheap. If this occurs, it will quickly capitalize the Grantcoin Foundation and enable us to run this project with a high level of professionalism, bring in high-caliber developer talent, afford a strong marketing campaign, etc. Please see Appendix B of our business plan (http://www.grantcoin.org/about/business-plan/) for 4 different levels of budgets, explaining what the money will be spent on, based on how much money we raise.

2. As time goes on, more and more people will be discovering Grantcoin and therefore the network effect should support more units of the token being sold at higher prices after those prices are attained.

One caveat: If sales don't go as expected, or the growth rate of the Grantcoin community is slower than expected, the Foundation may hold back some of the GRT currently planned to be sold, so that there wouldn't be too much resistance on the price. One of the great things about having an organization selling a token is that the organization can use good judgment about how much to sell, when, and for what price. Our team will continually monitor market conditions to make sure that planned sales are not overburdening the market at any given time.

Finally, a very important point: Founders are strictly prohibited by the Grantcoin Foundation Ethics Policy (http://www.grantcoin.org/documents/policy/ethics-foundation-personnel.pdf) from selling large amounts of the currency unless they publicly disclose their planned sale ahead of time. None of the founders have any plans to sell any, that I know of, for at least a year or two (and even then only small amounts if at all). We all believe in this project and don't want to do anything to jeopardize its success.

@freebird, thank you! is there a link to all of this? and the Excel is empty? how do i get in on the first patch, is it through rippletrade? can I enter an order now? what are the following prices? also you may want to push the rippletrade roll out a bit. RL is having everyone migrate their wallets by the 1st, could be some issues. https://idripple.com/

There are multiple sheets in the Excel file. First sheet is on-market sales that have already occured (therefore nothing there yet), other sheets in the spreadsheet are planned sales.

We still have to decide how to distribute the planned sales among the various Ripple markets for different currencies. We'll probably do it by GDP of each national currency, so US Dollars and Euros would be the biggest ones, but our Board of Directors hadn't made a decision about this yet and it'll be discussed at our next meeting which is tomorrow. We'll try to put out an updated spreadsheet with planned sales broken down by each currency before trading begins.

Also, as I mentioned, the sales at higher prices, let's say beyond about 10x the opening price, might be reduced if the market can't handle it. It all depends on how much buying interest there is. Our current sales plan reflects what we'd like to see happen, but details are subject to change based on what would be the best course of action to balance the financial needs of the organization with the interest of investors and merchants to have a stable and well-supported price.

Oh, and yes, trading will open first on Ripple Trade. We'd like to get on a significant Bitcoin exchange like Bittrex or Poloniex around the same time too, preferably the exact same day, but that's harder to predict because they make their decisions based on perceived demand which is a vague measurement. I hope the 250+ Twitter followers we've gotten in the first 5 days since launch will help sway their decision. :)

Thanks for the heads up. We'll have to look into this. Our partners in the Ripple community (One Million Gateways and Rippex) should be able to give us some good advice on whether we should delay trading.

okay so I just entered a $25 order on ripple trade for GRT.Grantcoin. So Ill be good for that at the release? also, out of curiousity, how do you guys know you have enough attention to roll out less than 15 days after the announcement that grantcoin even exists?

If you establish a trust line with ~Grantcoin for GRT, it should be good to go. For $USD the trading pair where we'll be selling the tokens is USD.SnapSwap, so that's the market I recommend placing your order on.

Can't be sure. But we were already interviewed on Let's Talk Bitcoin and we're being recorded for another interview with Bitcoins and Gravy next week, and we're doing aggressive promotion on Twitter, and also the mining reward jumps up a LOT in about 1 week from now. So, with all those things, hopefully it'll be enough attention to get some buying to happen. If the buying doesn't happen as quickly as hoped, it's all cool, it'll happen whenever the right people find out about Grantcoin. :)

can you send me the link to the interviews and your twitter?

Let's Talk Bitcoin interview here. (https://youtu.be/3cTjAgpU_Jc)

Twitter @Grantcoin (https://twitter.com/grantcoin)

Bitcoins and Gravy interview will be recorded next week.

is this the best place to look for updates?

Yeah, we'll be keeping this thread regularly updated. Also our Twitter account.

this will 100% turn out to be a scam i promise you

money can never have a concience lol

"The people can never have a seat in government; only the king can rule." -- England, pre-Magna Carta.

"Black people can never be free citizens." -- America, pre-Civil War

"Women can never have the right to vote." -- America, pre-19th Amendment

"[Insert one of dozens of countries here] can never be an independent country; the British Empire will reign." -- all over the world until the mid 20th century

"Gay people can never marry." -- America, a few years ago

So, what does history tell us? That features of society evolve, and things that seem impossible can become possible because people with a conscience decide to make the right thing happen. Who's to say that a more ethical type of money is impossible or can never happen?

And if it were a scam, why would the people involved be using their real names?

Unless money has a common interest with conscience (i.e. a good that happens to make profit and be marketable.)

money is a different game entirely from people and colonies and rights lol theres no comparison, money cant be fair or it would have no worth or value so use a bit of common sense

how legit are these people though? theres no links/proof theres just some writing saying what they do, how many coins do you know that turned out to be a success that had a public face right from the start (maybe ie's bytecent but even that perished a little)

I hoped to get more information about the new proof-of-participation concept from the whitepaper, but I only found superficial description about it. Can you provide some more "mathmatical" information?

what time do the coins release on the 15th?

The proof-of-participation grants to businesses will be made based on a process of (1) application, (2) qualification, (3) discretion by the Foundation and its national and local affiliates. So, here's an example of how it would go:

1. Companies A, B, and C apply for a grant. They each submit information about their company's activities and business practices according to a template provided by the Foundation.

2. Each company's application is scored according to a scoring system. This is where mathematics will come in. Let's say Company A scores 60/100, Company B scores 85/100, and Company C scores 40/100. Let's say 50/100 is set by the Foundation as the threshold to qualify for a grant, so in this case Company A and B would qualify, but Company C would be eliminated from consideration.

3. Now the grantmaking institution has to decide how much Grantcoin to give to Company A and B. Let's say it's two local businesses in a particular city. So the members of the local affilate of the Grantcoin Foundation in that city would discuss those companies and their merits, and would decide how much to grant to each one.

In terms of the specific qualifications and scoring system, the details have yet to be determined. But in broad terms, it will be based on what's called the Triple Bottom Line (http://en.wikipedia.org/wiki/Triple_bottom_line), which means companies have to demonstrate evidence that they are profitable, that they are respecting people, and respecting the environment. Companies will be scored in all three of those areas. Within each area there will be more specific criteria. Here is a rough overview from the first draft of our Policy on Grantbanks (http://www.grantcoin.org/documents/policy/grantbanks.pdf) (national/local grantmaking affiliates):


The specific granular details of the application, scoring criteria, formulas, and process, are yet to be determined. The Grantcoin Foundation will be building relationships with certifying bodies that have already developed methods for scoring the sustainability of businesses, to learn from their expertise and develop the details of our business grant program accordingly.

The time hasn't been decided yet. Keep following this thread for more detailed info and updates as the date approaches.

Grantcoin Foundation Partners with Rippex to Bring Grantcoin to Brazil (http://www.grantcoin.org/2015/05/09/grantcoin-foundation-partners-with-rippex-to-bring-grantcoin-to-brazil/)

The Grantcoin Foundation is pleased to announce our partnership with Rippex, a Ripple gateway based in Brazil. The Foundation will establish a market on Ripple Trade for users to trade Grantcoin for Brazilian reals using the BRL.Rippex token, which represents the Brazilian currency on the Ripple platform.

Rippex will help the Grantcoin Foundation find organizations and businesses in Brazil whose values align with Grantcoin, and other opportunities to spread the word about Grantcoin in this important emerging market. Brazil is the largest economy in South America and the seventh-largest economy in the world by GDP.

"We're excited to build a mutually beneficial relationship with the premier Ripple gateway in South America," said Eric Stetson, Executive Director of the Grantcoin Foundation. "We look forward to providing a GRT/BRL market with Rippex, and working together to raise awareness about Grantcoin among socially and environmentally conscious people and organizations in Brazil."

Attention: Miners start your engines! Grantcoin has passed block 50,000. The block reward is now 6.25 GRT per block. It will double every 1,000 blocks until it reaches 400 GRT per block.

Could you add https://grt.suprnova.cc to the list of pools ?

Sure, thanks for launching the pool! Added link to opening post. Will share on Twitter and our website.

Mining reward now at 12.5 GRT per block. Next doubling at block 52,000. Follow the action at https://chainz.cryptoid.info/grt/ (https://chainz.cryptoid.info/grt/)

Mining reward now 25 GRT per block. Next doubling at block 53,000.

engines got hooked up to the chain, wondering if you guys are working on the exchange sides ?

Yeah, one exchange has already expressed interest in opening a GRT/BTC market for us. We're also looking into a couple of bigger exchanges. Should have some definitive info within the next few days.

Ripple markets will also be available but might have to be postponed until after May 15, because we found a UI bug in the Ripple Trade order book which could cause confusion for users. We've been in discussions with developers at Ripple Labs and they will try to get this issue fixed as soon as possible so that we can establish our markets on there.

good to hear that.

thx for the detailed updates

Mining reward 50 GRT per block. Next doubling at block 54,000.

After it reaches 400 GRT per block will it stay at that block reward permanently?

No, it will stay at 400 until block 100,000 and then will begin halving every 50,000 blocks. We plan to switch to Proof of Stake after 6 months or so. The best time to mine this coin will be the next couple of months.

1 S1 already dedicated for the purpose, i dont know why my guts are telling me to do it  :P

Shit shit shit! NEXT PLEASE ;D

Thanks for mining. Sometimes it's good to trust your gut. And also to do your due diligence. In this case, I think the two will lead you to the same conclusion. :)

Bathrooms down the hall, next thread over. ;D

FYI, the Grantcoin business plan (http://www.grantcoin.org/about/business-plan/) has been updated to version 1.1. Revised sales plan to break up the planned sales into three phases with price consolidation zones in between. See Appendix A in the document.

A complete sales plan spreadsheet including planned sales broken down by various exchanges and currency pairs should be available in the next couple days.

Great concept, we've added a pool for this project:

https://grt.maxminers.net

why coin no confirms, SCAAAAM ? ???

Thanks! Added to opening post. Please fix link at bottom of this page: https://grt.maxminers.net/index.php?page=gettingstarted (https://grt.maxminers.net/index.php?page=gettingstarted). Website for wallet downloads should be http://www.grantcoin.org (http://www.grantcoin.org)

thanks, fixed

Any GIT/Bitbucket link? Can't find it.

https://github.com/grantcoin/grantcoin (https://github.com/grantcoin/grantcoin)

IPv6 does'nt work. Seems like there is no IPv6 support, I will recheck it later.

That's correct. Grantcoin is based on the Peercoin codebase, which takes a conservative approach to adding these kind of advanced features. We have already been adding more features that aren't in the official code of Peercoin, whenever somebody expresses to us why a particular feature would enable more functionality that we would like to have. So, we'd be happy to hear your thoughts on what benefits our coin would gain from adding IPv6, and we'll consider it. Thanks.

Mining reward now 100 GRT per block. Next doubling at block 55,000.

Hi,

You coin sounds very interesting, but you mentioned that you found a UI bug. Do you have a report on this bug that you can publish on BTC Forum? Will clear any doubts people have about your coin and foundation.

Thanks.

Soleri

Hi Soleri, here is our Ripple bug report which is being looked into by Ripple Labs staff: https://ripplelabs.atlassian.net/browse/RT-3419 (https://ripplelabs.atlassian.net/browse/RT-3419)

We will delay launch of our markets on Ripple until after we're 100% sure that the bug is resolved and after we discuss with our IT security advisor about setting up our cold/warm/hot wallet infrastructure with best practices. It will probably be another couple of weeks, to be safe.

Meanwhile, we will have markets on two BTC exchanges which are expected to open this Friday, May 15. More info on that will be announced tonight or tomorrow.

The Grantcoin Foundation is pleased to announce that SouthXchange (https://www.southxchange.com/) will add a GRT/BTC market starting on Friday, May 15. See their announcement on Twitter here (https://twitter.com/southxchange/status/598255476002967552).

SouthXchange is a new exchange based in Argentina, with both a Spanish and English UI. We have discussed with the admin of the exchange about their plans to grow and expand, and he says they plan to add support for fiat currencies soon, starting with the Argentine Peso.

Grantcoin will also be on another BTC exchange soon, and we will post another update here when we know for sure what date that other market will be added.

Thanks. That is very reassuring! Waiting for distribution to appear in Ripple Trade! 

We are happy to have Grantcoin in our exchange! GRT/BTC market will be launched on Friday, May 15 at 7:30 AM EST (11:30 AM UTC). As of this writing you can already deposit and withdraw GRT.

Happy trading!

SouthXchange
https://www.southxchange.com/

Will GRT still release at .0001 on rippletrade despite the delay and regardless of the value rising or falling on any of the markets it opens on on the 15th?

Yes, because we want Ripple users to have an equal chance to buy GRT at low prices. We don't want to show favoritism to either Bitcoin users or Ripple users.

The Bitcoin/altcoin community and the Ripple community don't seem to interact much. We hope that will change as Ripple Trade continues to evolve and more altcoins presumably will open markets there. Grantcoin is at the forefront of what we hope will be a trend of increasing integration of altcoins with the Ripple platform. The ability to trade directly with fiat currencies is something that most altcoins don't have, but it's something that the average person who isn't already into crypto would demand as a prerequisite for their involvement.

Block reward now 200 GRT. Next and final doubling to 400 GRT at block 56,000.

lets go mining  ;)

The Grantcoin Foundation is pleased to announce that Grantcoin will be listed for trading on Bittrex starting on Friday, May 15.

Grantcoin Foundation Releases Updated Sales Plan; Trading to Begin on May 15 (http://www.grantcoin.org/2015/05/14/updated-sales-plan-trading-to-begin-on-may-15/)

The Grantcoin Foundation has released a revised version of the Grantcoin sales plan (.xlsx spreadsheet) (http://www.grantcoin.org/documents/planned-sales.xlsx) with a detailed breakdown of planned sales on three exchanges and 13 currency trading pairs. Phase One of the plan calls for 200 million GRT, or 2% of the total Grantcoin currency reserve, to be sold on exchanges to raise a goal of $110,000. This funding will enable the Foundation to pay for important expenses for software development, marketing, and professional management of the project in its crucial first year.

Starting on May 15, Grantcoin will be listed for trading on Bittrex (https://www.bittrex.com/), a major U.S.-based Bitcoin/altcoin exchange. On the same day, a GRT/BTC market will also open on SouthXchange (https://www.southxchange.com/), a new exchange based in Argentina, which offers a user interface in both Spanish and English.

The Grantcoin Foundation also plans to open over a dozen markets on Ripple Trade (https://www.rippletrade.com/) in the near future. Ripple enables direct trading between cryptocurrencies and fiat currencies such as the U.S. Dollar, the Euro, and more. We have been consulting with Ripple Labs staff and other developers with expert knowledge of the Ripple platform to prepare for launch of our Ripple markets according to the highest standards of security and best practices. We expect to open these markets by the end of May.

"As we have transparently disclosed in the Grantcoin reserve distribution plan (http://www.grantcoin.org/about/reserve-distribution/), the overwhelming majority of Grantcoin tokens will be given away as charitable grants, not sold," said Eric Stetson, Executive Director of the Grantcoin Foundation. "But like many nonprofit organizations that need to sell assets to raise funding for their operations so that they can achieve their charitable mission, the Grantcoin Foundation will sell a small percentage of the Grantcoin digital assets we hold."

Grantcoin is not an equity or security, and holders of Grantcoin do not receive any dividends or voting rights in the Grantcoin organization from their ownership of the token. The Grantcoin Foundation does not promote Grantcoin as a speculative investment. The Foundation invites all potential buyers to study the extensive documentation that has been published about Grantcoin on our website, grantcoin.org (http://www.grantcoin.org/), and to read our legal disclaimer (http://www.grantcoin.org/about/disclaimer/) before purchasing or using Grantcoin tokens or software.

so you are dumping 75,000,000 on Bittrex on Friday......

thankyou for update,,good news excange to relase in bittrex  :) :-*

Actually, our sales plan doesn't call for any dumping. The sales will be put on each of the markets at specific prices which are shown in the spreadsheet, and the sell orders will sit there until somebody buys them.

For Bittrex specifically, Phase One sells will go like this:

Grantcoin in Lot    Price (BTC)    Funds Raised (BTC)
7,500,000             0.00000050    3.75000000
7,500,000             0.00000100    7.50000000
7,500,000             0.00000150    11.25000000
7,500,000             0.00000200    15.00000000
7,500,000             0.00000250    18.75000000
7,500,000             0.00000300    22.50000000
7,500,000             0.00000350    26.25000000
7,500,000             0.00000400    30.00000000
7,500,000             0.00000450    33.75000000
7,500,000             0.00000500    37.50000000
75,000,000 total GRT                   206.25000000 total BTC

ok, that looks like a more fair spread,
cheers

Thank you for your support! :)

you have really hopeful finance plan

Yeah, we'd never just dump, that wouldn't meet our goals anyway. We're trying to create an order book where the price can gradually move up and enable our project to get more funding, so the buyers will be happy and the project leaders will be happy. And the quality of development of the project will be directly related to how much funding we raise, so it's pretty much in everyone's best interest for Phase One to get sold out, for anyone who likes this project and wants to see it grow and develop. But we have no idea of course how long the sale will take. The free market will tell the tale. :)

how can you tell which orders are placed first in the ripple trade order book?

It's optimistic. But we've divided it into phases so that people can see what we accomplish with the Phase One funding, or even partial sale of Phase One. The way we plan to use the money is described in our business plan (http://www.grantcoin.org/about/business-plan/). And if people like what they see that we're doing to keep moving this project forward over the coming months, using the funding people put in, then it may be possible to get to Phase Two, and eventually Phase Three. Realistically we're thinking a couple of years to sell out all the phases. There are lots of factors that could make it happen either faster or slower, and we'll see how it all unfolds. Our team will keep providing frequent updates and uphold a highly transparent way of running our operations, so people can see where the money is going and the value being added to the project as a result.

also, what is your end goal for the value of GRT? or atleast where do you guys want the value to be in the next few years? with 10 billion it cant be that high?

There might be a way to find out that information in the Ripple public ledger. I'm not sure, but we'll look into it. We're actually having a meeting with some Ripple gateway devs tomorrow, and we can ask them about that.

If we get to a couple of cents that would put us in the category of top-tier altcoins. If we can achieve that in a couple years, that would position Grantcoin for the future as one of the premier cryptocurrencies. But there are so many factors of uncertainty about how the entire crypto space will evolve, and the evolution of this project specifically, that we wouldn't want to try to speculate much on where the price could end up.

Having said that, the documentation we've already released about our plans for this project, and the money we've already raised, should tell anyone who studies Grantcoin so far, that we are aiming for a professional quality project which can compete with the big coins down the road. Getting more funding will be a necessary part of the process of reaching our goals for this coin.

Block reward has reached 400 GRT. That's the maximum it will ever be. It'll stay there until block 100,000 and then halve every 50,000 blocks.

Thank you to all of our miners!

seems your project is getting a spotlight, GL guys again for the work and cause

Thank you!

The three founders of Grantcoin were interviewed by John Barrett on Bitcoins and Gravy. We think it went well. :) The interview is expected to be released on Sunday night or Monday.

Does The Grantcoin Foundation only care about helping businesses and companies?

What about "people" that are in serious financial need for things like healthcare, food, clothing, education, transportation etc...?

We need a coin that will help people in "serious need" not just businesses.

In your Youtube video you mention growing inequality, human well being and that Grantcoin is "Powered by the People", but you only help companies and businesses? Do you see my point?

I see your point, and certainly helping impoverished people directly is a worthy goal. But here are a couple of other points to consider:

1. The Grantcoin project is trying to shift the incentives in the economy away from the "profit only" model towards a balance between profitability and other values such as social good and environmental protection. Grantcoin business grants are an economic incentive program to reward companies that are doing business this way. If Grantcoin catches on, it could become a significant financial incentive and some businesses might change their behavior in order to qualify for grants of the currency. This would actually move the economy in the direction of sustainability. It could change the norms of how business is done. Grants to individuals in poverty, while a noble act, would not produce this systemic shift in the economy that Grantcoin is trying to create.

2. For a cryptocurrency to gain value, it has to catch on with businesses, not just individuals. Business adoption is a major driver of value of any alternative currency. If there's nowhere to spend it, then it's nothing more than a speculative pump which will eventually be dumped. Therefore, Grantcoin is focused on appealing to businesses that have values that match the Grantcoin economic vision, so that these businesses will adopt Grantcoin as a payment method for their customers. Giving grants to businesses, like a good corporate citizen rewards program, will encourage these kind of businesses to allow customers to pay with Grantcoin -- especially because, under our "Proof of Participation" system, businesses will not only have to meet criteria of sustainability, but they will also have to accept Grantcoin as a form of payment in order to qualify to receive grants of the currency from the Grantcoin Foundation.

Having said that, 8% of the Grantcoin currency reserve will be granted to individuals as part of our #GrantMe program (http://www.grantcoin.org/get-grantcoin/grantme/), in these categories:

• Sustainability Pioneers — Small-scale organic farmers, renewable energy generators, and others who are putting green, sustainable values into practice.
• Young Visionaries — Students and young people who aspire to build lives and careers of conscience and are taking concrete steps to pursue their dreams.
• Everyday Heroes — Regular folks who work tirelessly, in their own families, careers, and communities, to help people and make the world a more compassionate and decent place.
• Artists and Musicians — People who are using the arts and music to bring out the best in human beings and inspire the spread of beautiful ideas and actions.

Another 2% will be granted to Charities and Nonprofits as part of the same program — Any organizations focused on helping people and the planet and creating a better future, e.g. fighting poverty and disease, expanding education, promoting sustainable economic development, protecting and preserving the environment, defending human rights or the rights of animals and the ecosystem, and more.

Also there is a Founder's Charity Fund which will be 0.5% of the distribution.

We are pleased to announce that market GRT/BTC is now open in SouthXchange. You can get your Grantcoins here:

https://www.southxchange.com/Market/Book/GRT/BTC

Happy trading!

just bought 200000 on southxchange

will buy more

Thank you!

Thanks for your support!

Grantcoin market was briefly launched on Bittrex but has been disabled, because it was accidentally launched with the wrong ticker symbol.

Bittrex staff says they will correct it and reopen the market soon. We will post another update here to let you know when it's opened. Thank you for your patience.

appreciate for the updates could you pls update OP accordingly since southxchange is still missing from your website and OP :)

Done. :)

Bittrex market is up and running now: https://bittrex.com/Market/Index?MarketName=BTC-GRT (https://bittrex.com/Market/Index?MarketName=BTC-GRT)

Happy to see some buying action already. Please everyone do your due diligence, and if you like what you see with this project, feel free to purchase some Grantcoin to help us raise funding and move forward with strong plans for development and marketing.

Thanks everyone for your interest and support for Grantcoin!

I like this coin it has a green outlook and a positive message I like it.

so its an ico?

How many total coin dev ?

Thanks! It's one of a small number of coins that's trying to use crypto to do some good in the world. And we have a solid business plan (http://www.grantcoin.org/about/business-plan/) too!

2% of the currency reserve is being sold in Phase One fundraising campaign to raise hopefully $110,000. We'd like to get that raised by the end of this year. More will be raised in two more phases later on, assuming we get through phase one which would take the price beyond 10x what it is now. Phase Two will eventually start at a price 20x what it is now.

The money will be used for tech development to create much better wallets that are user-friendly for the average person, smartphone apps for merchants and consumers to easily scan and redeem Grantcoin paper wallet coupons which will be distributed as grants to qualifying businesses who agree to accept GRT as payment from customers, and lots and lots of marketing and promotion to the sustainable business community, environmental community, and more. Also the basic expenses of running a real nonprofit organization, which the Grantcoin Foundation is (one of very few coins to be run by a legitimate nonprofit).

We've already raised $17,500 before we even got on exchanges, so this project is for real and there's a lot that we can do, but we do need more capital to really make Grantcoin one of the top-tier cryptocurrencies. Lots of info available in documentation on our website, grantcoin.org (http://www.grantcoin.org). Check it out, do your due diligence, consider buying in and helping to fund us if you like what we're doing.

Hi, I'm the dev. 10 billion total coins, plus what gets generated by mining, then staking later this year with a low interest rate.

See this page (http://www.grantcoin.org/about/reserve-distribution/) for a breakdown of the coin distribution plans.

Im sure you are working on it, but some google optimization is needed! GRT doesnt come up at all when you google grant coin, just coins of president Ulysses s. grant

Which Google are you using? I get a full first page about grantcoin in Google.

If you Google "Grant coin"  with a space grt doesn't come up at all. I hadn't done it without a space,  with one word,  "grantcoin"  you guys do come up.

Yeah me too

Grantcoin has sold out Lot 1 of our fundraising sale at 50 satoshis on both Bittrex and SouthXchange! Next lot is priced at 100 satoshis.

According to Bittrex distribution statistics, 35 people bought Grantcoin so far on that exchange. Thanks to everyone who has participated in trading so far. We look forward to seeing a robust market continue to develop for Grantcoin!

after 50 and 100 , when 150 ?

not worth to mine as now at Bittrex is 67 BID. GRT the 10 billion coins supply will have hard time to pass 100 satoshis like other 10 billion coins. Why anyone will pay over the market price for next lot?

The coin supply is going to be distributed gradually over a period of many years. That's not the issue.

The price hasn't climbed much yet because a lot of people who bought at 50 satoshis decided to take daytrading profits. We can't force people to hold the coin if they aren't actually investors.

The price will rise if investors decide to buy and hold. For that to happen, it will take more marketing for the coin to reach a larger audience. We will keep doing our best to raise awareness of the Grantcoin project so that new investors will buy GRT.

Usually I do not buy coins that bittrex advertises, BUT this is interesting if pulled off as planned. I invested some btc. Wishing the project lots of luck. I love groups that try to be as ethical as possible.

Thank you. Glad to hear it!

We're working on some interesting things in the background, building relationships, etc. For example, we will be presenting about Grantcoin at a crypto conference in Ghana in June.

The Grantcoin founders were interviewed recently on Bitcoins and Gravy. Have a listen!

https://letstalkbitcoin.com/blog/post/ep-69-grantcoin-is-here-to-empower (https://letstalkbitcoin.com/blog/post/ep-69-grantcoin-is-here-to-empower)

Hey Grantcoiners and anyone interested,

Some quick updates from the team:

1. We're going to reduce the amount of GRT to be sold by the Grantcoin Foundation. We haven't decided yet on how much to reduce the planned sales, but it will be a significant decrease.

2. We're going to put a lot of focus on developing a business which will earn revenue for the Foundation, and which will be a use case for GRT as a consumer currency.

3. Our Ripple Trade markets will open by the end of this week, probably Thursday.

More details on our plans going forward will be shared in the next couple of weeks. We also welcome your feedback, ideas, and volunteer efforts to help make Grantcoin a success!

Thanks for your support,
Eric

50 sat , it's very cheap .  ;D

in my eyes this is actly one of the most interesting coins out there atm

are you guys still on track to release the coin on RT today?

Thanks for adding Grantcoin!

It will be Friday. Developer at Ripple Labs needs to change the wallet address associated with the ~grantcoin account to our new securely-created offline issuing wallet. I had a meeting with a Ripple staff member yesterday and he told me this final step will be finished on Friday.

The good news is, he also told me that they're going to do it in a way that will preserve everyone's existing trustlines to ~grantcoin. So this is better than what I expected.

I will post here on Friday as soon as the Ripple markets are opened. It will likely be in the afternoon or evening.

Yeah, and we're in the highest mining reward period right now, so that's something for everybody to keep in mind. It will halve at block 100,000, and halve again every 50,000 blocks. And Proof of Stake is coming later this year.

Glad that you see the value in this project. :)

We'll be doing a lot of interesting things as we continue to move forward. High on our priority list is to create an economic ecosystem for Grantcoin, so that people will be able to spend it rather than cashing out to other currencies.

Keep watching this space for updates.

I'm only getting 1 connection on this and that's to suprnova pool.

That's strange. I just tried opening my wallet and I'm getting 5 connections to the network. Also I checked the blockchain and it's moving along at normal speed.

Are you still having difficulty getting connections? Which wallet are you using?

Yes. Still only one connection. I compiled from source on Linux.

Were you able to download the blockchain up to the current block, which is 76,978 at the time of this message?

I just ran a Grantcoin Linux daemon and I immediately get 2 connections, which are the DNS seed nodes.

The only thing I can think of that could be causing a problem for you is your .conf file. What did you put in there?

$ grantcoind getinfo | grep version
    "version" : "v0.1.0.0-unk-beta",
    "protocolversion" : 60004,
    "walletversion" : 60000,


grantcoin.conf
rpcuser=x
rpcpassword=x
daemon=1
server=1

I'm on the current block too. 77018

  Are y'all having trouble with confirmations on Suprnova. I've been mining all day and have no confirmed coins. I have over 30,000 unconfirmed.

It's 520 confirms

Good that you're on the current block.

In the .conf file for my test daemon I only have the following:

rpcuser=x
rpcpassword=x
gen=0

If you want it to mine, then change to gen=1

I'm not sure if deleting daemon=1 and server=1 would make any difference, but maybe give that a try, restart it and see if it'll connect to the 2 seed nodes.

BTW, is your node at this IP address? 76.90.105.71. The reason I ask is because that's listed as the node of a wallet which is Protocol 0, a nonexistent version of Grantcoin, on this page: https://chainz.cryptoid.info/grt/#!network (https://chainz.cryptoid.info/grt/#!network). If so, then maybe something went wrong in your build? Even if it says you're running protocol 60004, maybe somehow the network is not finding your wallet correctly? Just thought I'd ask if that IP address is yours.

Attention Grantcoin community:

I'm the dev of Grantcoin. A forum administrator has deleted two of my posts in this forum and informed me that they were deleted. One of them was me thanking kevin1234a who listened to my recent interview on Bitcoins and Gravy and said he thought our team did a good job. Another one was to welcome jepistons to this thread whom I knew before from my work in SolarCoin and who recently came here and expressed support for Grantcoin.

The posts by kevin1234a and jepistons, which I was responding to, were also deleted by Bitcointalk forum admins.

I made further inquiry to the admin and was told that somebody probably reported these posts and that they may have been perceived as an attempt to bump this thread with insubstantial posting.

It seems that some user(s) on this website, probably from competing coins, are trying hard to reduce the attention that Grantcoin will get here, by asking admins to delete our community members' posts. If users can't express their support for the Grantcoin project without having their posts deleted, then this thread doesn't provide an accurate perception of the level of interest in Grantcoin among the altcoin community. Also, if posts are going to be frequently deleted by admins, then it would make it difficult for this forum to function as a general gathering-place for the Grantcoin community.

The Grantcoin team will have to give further thought to how we will be using Bitcointalk from now on. Perhaps this venue will be primarily used as a place to make announcements, and we might look for a different venue for general Grantcoin community discussion, which would be uncensored.

We apologize for the deleted posts. There appears to be nothing we can do about it.

Eric Stetson
Executive Director
The Grantcoin Foundation

I added the seed nodes to the config manually

addnode=seed1.grantcoin.net
addnode=seed2.grantcoin.net

...now I have 4 connections.

Glad to hear it. Thanks for posting that you found a solution! I guess if anyone else experiences the same issue, try what chey did.

thanks alot for witnessing it. if someone didn't like our criticism in other threads they do report user as a scam (lol) and in result mod start deleting posts for that user which compose of a sentence or few words with same reasons what u had mentioned.

sharing my experience being a forum mod and admin. well in real world no one has ample time to write stories in replies unless BCT is our home and workplace ;)

in short i personally thank you for mentioning this minor yet major thing hopefully mods will read this and instead of deleting legit posts they will start cleaning up other scams which they should.

have a nice weekend folks and till next time happy mining

It's possible move all discussion off Bitcoin talk over to Facebook. Bitcoin Talk admins have no power there.

Grantcoin Now Trading on Ripple Trade for Dollars, Euros and More

Posted on June 6, 2015 by The Grantcoin Foundation
http://www.grantcoin.org/2015/06/06/grantcoin-now-trading-on-ripple-trade-for-dollars-euros-and-more/ (http://www.grantcoin.org/2015/06/06/grantcoin-now-trading-on-ripple-trade-for-dollars-euros-and-more/)

The Grantcoin Foundation has opened Grantcoin markets on the Ripple Trade (http://www.rippletrade.com) online currency exchange, including 13 currency pairs. Grantcoin can now be traded directly for U.S. dollars, euros, Chinese yuan, Japanese yen, British pounds, Brazilian reals, Canadian dollars, South Korean won, Mexican pesos, South African rand, and Singapore dollars. Grantcoin also has established markets on Ripple Trade for trading with two other cryptocurrencies: Bitcoin and Ripple’s native XRP token.

A complete list of Grantcoin trading pairs on Ripple Trade which will be monitored and supported by the Grantcoin Foundation are as follows:

• GRT.Grantcoin/USD.SnapSwap
• GRT.Grantcoin/EUR.SnapSwap
• GRT.Grantcoin/CNY.RippleChina
• GRT.Grantcoin/JPY.TokyoJPY
• GRT.Grantcoin/GBP.Ripula-UK
• GRT.Grantcoin/BRL.Rippex
• GRT.Grantcoin/CAD.RippleUnion
• GRT.Grantcoin/KRW.PaxMoneta
• GRT.Grantcoin/MXN.Bitso
• GRT.Grantcoin/ZAR.ice3x
• GRT.Grantcoin/SGD.RippleSingapore
• GRT.Grantcoin/BTC.SnapSwap
• GRT.Grantcoin/XRP

Grantcoin is one of only a handful of cryptocurrencies that can be traded directly for mainstream fiat currencies such as the U.S. dollar and the euro. Grantcoin joins Bitcoin, Litecoin, and Stellar as the only cryptocurrencies with independent blockchains that are available on Ripple Trade.

The Grantcoin Foundation has contracted with One Million Gateways (http://onemilliongateways.com/), a software development company focused on the Ripple ecosystem, to create an automated bridge for Grantcoin payments, deposits and withdrawals between Ripple wallets and the Grantcoin blockchain, similar to BTC2Ripple (https://btc2ripple.com/). This is expected to be ready in late June.

That's awesome news Grantcoin Foundation!

WOW awesome , cost mining now arround 55sat , buy more on market  this good choose

Dev , How i withdraw my Grantcoin on Ripple to another exchange *bittrex / client ?
thanks

When the gateway/bridge software being built for us by OMG is ready later this month, withdrawals will be automated and nearly instantaneous. Until then, if you want to withdraw from your Ripple wallet to an external Grantcoin wallet, you'll need to request a manual withdrawal which will be processed by somebody at the Grantcoin Foundation. We will try for a 24-hour turnaround time for manual withdrawals. Contact us at http://www.grantcoin.org/contact/ (http://www.grantcoin.org/contact/) and provide the Grantcoin wallet address you want to withdraw to, and we'll send you instructions.

We realize that arbitrage between Ripple Trade and Bittrex, etc., will be inefficient until the automated system is ready. So, realistically, the Ripple markets are currently only intended for investors with a longer time horizon. But efficient arbitrage will become possible in a few weeks when we have the Grantcoin-Ripple bridge.

Grantcoin Foundation to Sell Less Grantcoin, Provide Buy Support on Exchanges, Increase Focus on Charity and E-Commerce

Posted on June 11, 2015 by The Grantcoin Foundation
http://www.grantcoin.org/2015/06/11/foundation-to-sell-less-grantcoin-provide-buy-support-focus-on-charity-and-e-commerce/

After considering feedback both from skeptics and supporters of Grantcoin, the Grantcoin Foundation has decided to make some changes to confirm to the public our commitment to our charitable mission and to making Grantcoin an actively traded currency which can be spent for real goods and services.

The changes being made are as follows:

1. Reduce sales of Grantcoin on exchanges. The Grantcoin Foundation is cutting the amount of Grantcoin we plan to sell on exchanges from 10% of our currency reserve to 1% (100 million GRT). These sales will be spread out at prices ranging from $0.0001 all the way to $0.01. See the new sales plan (.xlsx spreadsheet) for details. 4% of the Grantcoin currency reserve will be placed in a long-term fund, none of which will be spent or sold until the planned sales are completed. After that, this fund may be used for ongoing expenses of the Grantcoin Foundation in the years to come.

2. Buyback up to 50% of Grantcoin sold at each price level. The Grantcoin Foundation will provide significant buy support to try to create stable price ranges and increased liquidity of Grantcoin markets. Here’s an example of how it will work: When the Grantcoin available for sale on a GRT/BTC market at 100 satoshis is sold out and the price moves above this level, the Grantcoin Foundation will place a buy order for half as much Grantcoin as we sold at that same price. The Foundation will therefore have a buy wall at 100 and a sell wall at 150. When the wall at 150 is sold out, we will place a new buy wall at 150 and sell wall at 200; and so on. Important Note: The Grantcoin Foundation does not guarantee that any price will be maintained, because traders may choose to dump into our buy walls and the maximum buy support from the Foundation is limited to the amounts disclosed in our sales plan. Even so, the volume of Grantcoin trading on exchanges would be higher, which is beneficial for the currency in and of itself.

3. Transfer 5% of Grantcoin reserve to #GrantMe programs. Half of the Grantcoin which was originally planned to be sold on exchanges will instead be set aside for grants to people and nonprofit organizations that are making a positive difference in the world. The total amount to be used for the #GrantMe programs is therefore increased from 10% to 15% of the total Grantcoin reserve. The Grantcoin Foundation will soon begin a campaign on Twitter to publicly identify thousands of #grantworthy people, projects and charities, give them small amounts of Grantcoin to thank them for what they’re doing, and encourage them to apply for larger grants in the future.

4. Launch e-commerce site with option to pay in U.S. dollars, Bitcoin, or Grantcoin. The Grantcoin team strongly believes that alternative currencies should be used as currency, not merely a speculative investment. This is the only way that cryptocurrency will ever gain widespread adoption by the public. To underscore our commitment to this principle and provide a revenue stream for the Grantcoin Foundation, we will leverage our connections in the organic foods and eco-friendly business sector to create an online retail store for people to spend leading cryptocurrencies such as Bitcoin — and, of course, Grantcoin — to buy products made by socially and environmentally responsible businesses. U.S. dollars, and possibly other fiat currencies, will also be accepted as a method of payment, to expand the store’s reach to the general public. Grantcoin will be used as a customer loyalty token: for example, customers may receive a discount or other benefits for paying in Grantcoin. More information about this project will be announced in the coming weeks as we move forward with development.

The Grantcoin team is thankful for the input we have received from various people who have looked into Grantcoin during the first few weeks after public launch of the currency. Your feedback has been important in helping us think about ways to improve our plans and strategies to make Grantcoin a success!

appreciate the shout out GRT team :p.  Keep it up,  youre making good decisions! 

Good news Grantcoin ...
I invest some money in here , good job dev

well im afraid if i write here again something in support of DEV team those posts will get deleted again :) so just to test im writing again

i really appreciate your aforementioned 4 steps an hopefully it will spotlight your cause more efficently in the community

Grantcoin Android Wallet App Released for Testing

Posted on June 19, 2015 by The Grantcoin Foundation
http://www.grantcoin.org/2015/06/19/grantcoin-android-wallet-app-released-for-testing/ (http://www.grantcoin.org/2015/06/19/grantcoin-android-wallet-app-released-for-testing/)


The Grantcoin Foundation is pleased to announce the release of the first mobile wallet for Grantcoin. The software works on Android devices including smartphones and tablets.

This QT wallet app for Android was developed by Grantcoin Foundation technology advisor and volunteer Troy Benjegerdes. Other members of the Grantcoin team have tested it on their own devices and confirmed basic functionality such as downloading the blockchain and sending and receiving Grantcoin. The app is now being released to the public for testing and feedback.

This is a first version of the app and it still needs improvement in terms of user experience and features.

Free Downloads:

• Version for smartphones and ARM tablets (http://www.grantcoin.org/downloads/QtApp-debug.apk)
• Version for Intel x86 tablets (http://www.grantcoin.org/downloads/QtApp-debug-test-0.1-x86.apk)

Known Issues and Limitations:

• The blockchain takes a long time to download with this app, compared to desktop wallets.
• You may not be able to back up your wallet.dat file using this app. If you lose your device or the memory gets wiped, you will lose any GRT you have stored in this wallet.
• Do not use the dollar sign character ($) in your passphrase if you choose to encrypt your wallet. If you do, you may be unable to access your coins.

Bounty for Testers: The Grantcoin Foundation will give volunteer bounties of 1,000 to 20,000 GRT to users who test the app and provide helpful feedback. The amount of the bounty for each tester will depend on the extensiveness, quality, and usefulness of your feedback, at the discretion of Grantcoin Foundation personnel. After we have received enough feedback from testers, this bounty program will be discontinued. Contact us (http://www.grantcoin.org/contact/) to send your comments about the app after you have downloaded and tested it.

Use at your own risk. The functionality of this software is not guaranteed by the Grantcoin Foundation or the developer. The current version of this app is intended for testing, not for storing large amounts of GRT. Only use it with coins you’re potentially willing to lose.

well definitely i ll test it but afraid that might it will take a day to download whole chain :) will provide feedback if it worked with me

Thanks, we appreciate your help!

When I set it up on my phone I left the app open all night to download the blockchain. It's unfortunate that the download takes so long, but you can do it while you're sleeping and then it should be good to go. :)

dev still working and update...
i'm bought some GRT :)

A great new article about Grantcoin was published today on Bitcoinist.net.

Grantcoin: A Grant-based Digital Currency For a New World Economy (http://bitcoinist.net/grantcoin-grant-based-digital-currency-new-world-economy/)

Here's an excerpt:


BTW, this article was NOT paid promotion. The author genuinely thinks that Grantcoin is newsworthy and she spent over an hour interviewing me on the phone for this article.

hope the dev leave us  ;D ;D

Developer: How is this coin going to build value so that the grants are useful to recipients?

some Block To halving guys  ;D
Dont late buy more Cheap  ;)

yes I know , 1k++ Block to halving , from reward 400 to 200 .
and fact , if i mine with nethasrate ( 15TH -30TH ) , cost mining between 45-55 sat .
and then If reward decrease , cost mining can double from now , right
Grantcoin good for long term

last 600 block to halving


Im already three time manual Withdraw my GRT from Rippletrade to External wallet , I get a good service from support .  ;)

I can't wait about Grantcoin-Ripple bridge , what is really happening in late June ?
Now June 29 , may be tomorrow you can release Grantcoin-Ripple bridge ?

Note :
- as User Rippletrade , I like When GRT LIVE on rippletrade . XRP it's good market
- if I'm done Download chain Android wallet (This is quite long  ;D) , i can test and give feedback  ;)

Thanks

That's a good question, and thank you for asking it. The simple answer is that all currencies build their value based on people's belief in the ideas and institutions behind the currency. Is it a good way to have a monetary system which benefits people and creates a better economy? Are the people involved, and the organization(s) responsible for managing the currency, ethical, transparent and trustworthy? The more people who answer yes to these questions about a particular currency, the more demand for it will increase and it will gain value. This is called the network effect: the more people believing in something and using something, the more valuable and useful it becomes.

Here's a 3 minute clip from a recent interview in which I talk about what gives money its value: https://youtu.be/HyIW8ToQYCg (https://youtu.be/HyIW8ToQYCg)

Having said that, the Grantcoin Foundation has plans to make Grantcoin more useful as a currency, regardless of how many other people believe in it. For example, we're going to be starting our own e-commerce store, selling a variety of products made by socially/environmentally responsible companies, in which people will be able to pay with Grantcoin.

Thanks for letting the community know. :)

We've been consistently processing withdrawals from Ripple Trade with a turnaround time of usually just a few hours or less.


I wish I could tell you the automated bridge was going to be done tomorrow, but unfortunately it's delayed. We're looking into maybe having our own developers build it instead of working with outside devs as we've been doing before. The delays are frustrating, but in the end we might actually save money by just doing it ourselves and getting some input as needed from our contacts at Ripple Labs.


Thanks, that would be great!

Yeah, the long term is what matters anyway. Grantcoin will be proof of stake by the end of this year, with very few new coins being produced from then on, so the people accumulating now are smart (if you believe this project is meaningful and has a bright future).

Grantcoin is doing well on social media, almost 3,000 followers on Twitter in 2 months, so there's plenty of people interested in this project and watching to see where it goes. Most coins can't say that they're getting much interest outside the altcoin trading community. Grantcoin is, so that bodes well for the long term potential.

As for the reward halving coming up in a few hundred blocks, with fewer GRT being created every day the selling pressure from miners who mine and sell should be reduced, which means it would take less buying each day to maintain the price. If the amount of buying demand per day stays the same as it has been, and there are half as many new coins being dumped onto the market per day, then in theory the price would rise compared to where it is now.

Of course this is assuming that a lot of miners are selling for BTC soon after they mine GRT rather than holding it for the long term. I think that's a safe assumption, since a lot of miners of altcoins convert them into BTC. There's probably also a significant percentage of our miners who are holding the GRT they mine for the long term (at least I hope so), but I would guess it's the minority, based on the selling that can be seen on the markets every day. This coin right now is in the phase where most of the buying action is just absorbing the new coins being produced from the high block reward. But that's not going to last forever.

as miners , I should Bought More Grantcoin on market .
I know , Grt it's good investm now , right
Hold my Coin , and Price can rise .  ;)

Yes , you right .
Cost mining now arround 80-90sat , may be touch 100++ sat .
I Bought More cheap from panic sell  ;D
This great project . very soon can many Announcment and article about this coin  ;)
Dont forget for Support and Keep staking

Hi everyone,

As mentioned by our team member Eric (freebird) in a reply to gilangIDR yesterday, the launch of automated bridge software for transfers of GRT to/from Ripple has been delayed.

For the sake of full transparency about what caused this delay, we published the following news release on our blog today, which also includes info and links for how Ripple users can deposit and withdraw GRT from their Ripple wallet. Key points are in bold.


Thank you for your patience and understanding.

Here's a new interview with Eric Stetson, founder of Grantcoin, which was published on Bitcoin Chaser:

http://bitcoinchaser.com/interviews/grantcoin-interview (http://bitcoinchaser.com/interviews/grantcoin-interview)

Some highlights:

That's the best possible news about a setback. Thank you Grantcoin team, keep up the good work. :)

Nice , some Hour ago , i say can many news in here .
And now i see it  ;D
this is awesome .
someone try got cheap from here . I should follow him  ;)
...
Go GRT

Thanks! Yeah, it's not so bad. We got all our money back quickly, and the folks at Ripple Labs that we've talked with are sympathetic to what we're trying to do and helpful. One of our tech advisors with a development background thinks the bridge can be done fairly easily, from a technical standpoint. That was encouraging to hear.

Grant coin is super coin for business as usual....

Thank for update sir  ;)
Delayed bridge just Accumulating for smart people

Form for deposit or withdraw to rippletrade on grantcoin website Looks good .
this simple and easy for use .
 ;)

this coin Look good . Buy some for future

Dave Hamill Appointed to Grantcoin Foundation Advisory Board

Posted on July 2, 2015 by The Grantcoin Foundation
http://www.grantcoin.org/2015/07/02/dave-hamill-appointed-to-grantcoin-foundation-advisory-board/ (http://www.grantcoin.org/2015/07/02/dave-hamill-appointed-to-grantcoin-foundation-advisory-board/)

The Grantcoin Foundation is pleased to announce the appointment of Dave Hamill as an Advisor for economics and activism.

Dave is co-founder of the Coalition for Capital Homesteading (http://capitalhomestead.org/), an association of organizations and individuals dedicated to empowering every person through equal access to the means to own productive capital. He is also a project manager at the Center for Economic and Social Justice (http://www.cesj.org/), a Washington D.C.-based think tank which promotes a “just third way” between monopolistic capitalism and socialism, including employee ownership of business and reducing inequality of wealth through monetary system reform.

Dave is the founding owner of Esteo Group Inc. (Excellent Service Through Employee Ownership), a trucking company based in Atlanta, Georgia. He developed the “Justice Growth ESOP (https://en.wikipedia.org/wiki/Employee_stock_ownership_plan)” business structure, in which employee-owned corporations are chartered to support widespread ownership education and spin off other employee-owned companies, each of which do the same.

Dave has worked as a Series-3 futures broker, sales manager, and small business owner. He studied business at Louisiana State University. He has been involved in libertarian political campaigns and causes as a ballot-access petitioner and fundraiser, and believes in the importance of building populist coalitions for economic reform that transcend party lines. He is married with three children.

“We’re very happy to have Dave Hamill’s input on our Advisory Board,” said Eric Stetson, Executive Director of the Grantcoin Foundation. “Dave brings to the table diverse experience in business, finance, the nonprofit sector, and grassroots activism. His passionate advocacy for freedom-based solutions to the problems of poverty and inequality, and his strong background in alternative economic theories and policy proposals can help the Grantcoin team continue to develop our monetary system and build a broad-based movement.”

thanks For Update dev ...
I suggest to all , This is Legit investment
Dont worry about Dev . this is Real developers
Dont late for bought some cheap , Right

Greece Needs a New Currency Controlled by the People, Not Debt to For-Profit Banks (http://www.grantcoin.org/2015/07/03/greece-needs-a-new-currency-controlled-by-the-people-not-banks/)

Posted on July 3, 2015 by The Grantcoin Foundation


Read the whole article at this link: http://www.grantcoin.org/2015/07/03/greece-needs-a-new-currency-controlled-by-the-people-not-banks/ (http://www.grantcoin.org/2015/07/03/greece-needs-a-new-currency-controlled-by-the-people-not-banks/)

dev when this coins to the moon?

I can not wait, before I had stock in the rate 58sat but until now the price even below  :'(

yes me too, waiting for

Hi dimox and kampretkabur,

Our team is continuing to post news and progress for the coin and the Foundation. We can't control who buys or who doesn't buy.

All I can say is that this coin is already more legitimate and meaningful than most of the other altcoins out there, and people just have to study it and read about what we're doing to find that out for themselves.

If people choose not to buy in this early stage, that's their choice, but I think it's a choice they might regret in the future, because the Grantcoin team is continuing to work hard to make this coin something special.

Thanks for your interest in Grantcoin, and we'll keep everyone informed of new developments on a regular basis.

Eric (founder/developer)

Patience my fellow padawan :D, GRT will steadily gain value until it hits it's "Tipping Point" which is in the works of occurring.  Thank you for the support and keep following our updates.  Also if you would like to add value to Grantcoin please contact us at mail@grantcoin.org to see how to help.  

Thanks,

Mission Succes
Brandon Venetta

many update it's good  :)
Look the nethashrate still Growing . 50 TH now
Buy more  :D

What did you guys cut the number of coins to? 1 billion or less, maybe 500 million, is good if you want the coins to hold value.

We didn't actually burn any coins, but we cut the number of coins that will be sold by the Grantcoin Foundation on exchanges down to 100 million. They will be sold at specific prices from 50 satoshis to 5,000 satoshis (or approximate equivalent in other currencies), so most of these coins will not even enter circulation unless the price rises a lot from where it is now.

See the article we posted a few weeks ago:
http://www.grantcoin.org/2015/06/11/foundation-to-sell-less-grantcoin-provide-buy-support-focus-on-charity-and-e-commerce/ (http://www.grantcoin.org/2015/06/11/foundation-to-sell-less-grantcoin-provide-buy-support-focus-on-charity-and-e-commerce/)

There are also coins being created through mining, and I think most of those are being sold on exchanges by the miners. So far, almost 20 million GRT has entered circulation in this way. The total GRT to be created through mining is about 37 million, something like that.

There is about 10 billion GRT total, most of which will eventually be released into circulation as grants, but that will take years and years to occur. We're not going to put a lot of coins out there unless/until there is significant investor demand to support it.

I suggest to start a coin burning program for the coin in order to get trust back. There are some example where coin had success after such a program.

There is no trust lost. Everything these developers have done is transparent and documented.

hy dev i watch this in bittrex market  :(


http://i58.tinypic.com/1zdvtqr.png

So going off of your statement that no more coins will be released unless the value increased greatly...what does increase greatly mean? What is the optimal value that you guys believe GRT should reach and stabilize at?

Hey Dimox,

Thanks for sharing this, its unfortunate that the average daily volume isn't meeting .2 BTC for bittrex but it was anticipated with GRT only being 2 months old.  We fortunately have friendly traders to get the minimum .2 BTC volume a day running at losses.

Thanks again for your support!   

Hey National, 

In what terms do you ask by optimal "value"?  My assumption is your asking the GRT conversion back to USD...  With that assumption, my opinion is that no one can predict where any of these digital currencies will be 10 - 15 years in relation to fiat.  I personally don't think in terms of the currencies related back to fiat because after the 2008 crisis I don't believe the fiat currencies will last much longer with trust of the people. 

So to answer your question the value of 1 GRT will always be the same value of 1 GRT today, tomorrow, and ten years from now.  All that will change is what that 1 GRT will be transacted for, the utility of the currency.

This is one of the biggest challenges that face the crypto currency demographic is they look at these currencies like investments in relation to USD or other fiat, this is why you see all these pump and dumps with greedy individuals trying to make a quick buck.  Even LTC recently went through a pump and dump...

It'll take some time but when GRT plugs into the specific markets that are being targeted it will be a special currency to be apart of :). 

Cheers,

Brandon

Good points, Brandon.

The only thing I would add to what Brandon already said is that the founders of the Grantcoin Foundation have talked about 50 satoshis as sort of a baseline price that we want the currency to be able to maintain and not go below it. There's no official policy to that effect, but informally speaking, the people who are involved in managing this project will probably try to keep the value of GRT at or above that level unless there is huge dumping by other investors.

And, really, it wouldn't be that hard to maintain that price. Only about 17 million additional GRT is going to be produced through mining. At 50 satoshis, that's only about $2,500 in buying demand, total, that would have to exist to absorb those coins if all of them are dumped on the market by the miners.

Given how little money it would take flowing into this coin to hold the current price until Proof-of-Stake begins and the inflation rate drops to a very low level, I don't think it makes sense for people to worry about the price. If you're looking for a quick pump and exit, then maybe this coin isn't for you. If you're looking to invest in a serious project with long-term potential, then this is one of the few coins with that philosophy. :)


Just to clarify, I didn't say that "no more coins" will be released until the value increases greatly. Some more coins will be released as grants, even in the near future, but we're not talking about huge amounts of coins. And the grants will mostly be given to people, businesses and organizations that are helping the Grantcoin project in some way, helping to give the coin more utility and value. Some micro-grants (a few thousand GRT per person) will also be given to people as coupons to attract customers to shop in the online store we will soon be launching, which will give people incentive to pay in Grantcoin.

Yeah, no worries everyone, we won't let the coin get delisted. There are enough people who care about this coin's future and will either buy more or trade among ourselves to make sure that there's enough volume, during this very early stage when the coin is still only a couple months old. :)

Not a bad thing. Means people are holding 8)

so should we trade between ourselves to get the volume?

i Have a dream with Grantcoin , waiting when many investor join to here . and now i could get more cheap coin . y , I know now tis coin not have huge comuunity , but we still strong .

I am very much looking for a long term investment and trust me I dont like crypto pump and dumps any more than the next guy, but to be honest, I am unsatisfied with those answers. I  have really liked the dev team so far, but to not have a true end goal value is a little half baked imo. It is naive to believe that GRT will at all replace fiats and as such, GRT should have a fiat value or it is useless. Not to mention by its nature, if a crypto did replace fiats, it would not be GRT to do it, it would more likely be a gov’t affiliated crypto or a crypto without a humanitarian agenda. A true trade currency. The objective should be to work with the fiat of those in need, not try and reconstruct the monetary system. To help both the investors and those in need, there should be an optimal equivalence to a fiat. I would expect something like a dollar parity.

I think there are so many unknowns about how this project will develop, where the demand will come from, how much demand will emerge for this currency, and how quickly that will happen, that it would be presumptuous of our team to try to specify an end goal value. JMHO.


We're not claiming it will replace fiats. We're just trying to create a currency that will be an alternative for people to use, if they agree with our ideas about how to create a better monetary system.

Trying to peg the value of a currency to the price of a fiat currency is challenging at best. Even governments that try to do this sometimes have trouble maintaining a specific set value for their currency, because the natural forces of supply and demand are always going to tend to move the price around. To maintain a set price, an institution has to be constantly issuing or removing currency from circulation to compensate for the fluctuating effects of supply and demand. The Grantcoin Foundation doesn't have the staff, funding, experience in monetary policy, etc., to try to do that. We have to just let the free market set the price of our currency, like with most currencies in the world.


You're assuming that people won't want to trade with a currency that has a humanitarian agenda. The Grantcoin team starts from the opposite assumption, that the *only* type of alternative currency that a large number of people would ever want to use, if they're inclined to bother to use something else besides the fiat currency they would normally use, is a currency which is designed to do social good.

Let's ask ourselves why 99.9% of the world's population hasn't chosen to start using Bitcoin, even though most people by now know about it. My guess is that it's because Bitcoin doesn't appeal to the billions of suffering people in the world by providing them with access to capital. It's not designed to do that. It's a hoarding-oriented currency, with no program for issuance of the token to get it into the hands of the poor and provide them with economic opportunity.

The only way that "regular people" are ever going to get into crypto is through a crypto that actually helps them, not one that is primarily owned by a small number of techie early adopters and doesn't distribute the money supply to people who need access to capital. JMHO.


Trying to build a better alternative to the existing monetary system is the primary purpose of Grantcoin. We've been clear about that from the beginning.


I will agree that dollar parity would certainly be convenient for users. But how would we actually accomplish that, without having to constantly try to manipulate the price through issuing and removing coins from circulation?

Hey everyone,

Check out Grantcoin's new Facebook page in Greek:

https://www.facebook.com/grantcoingreece (https://www.facebook.com/grantcoingreece)

If you know anyone in Greece who is interested in ideas for monetary reform, please let them know about this page. Thank you!

The volume has been up passed .2 BTC the past couple days but if you would like to add some trading volume it would be appreciated.

Thanks for the support!

I had a similar dream the other night, the Grantcoin network will be a community of people that have good values to lend a helping hand across the globe :).

Thank you my fellow brother or sister for your support!

I'm glad to hear your looking for a long term investment in the crypto space.  Also we appreciate hearing that you are satisfied with the GRT dev team, we are thankful for them and the passion they have for this project.  

I understand your frustrated perspective being an investor to get an answer to the long term goal conversion to fiat but I honestly have no idea how anyone would come up with that value.  I'm assuming you are an XRP investor with the dialogue we've had on XRPtalk, do you know what the value of XRP will be by the end of the year, 5 years?  Or any other crypto?  I sure don't and when I asked our resources at Ripple Labs they say the same thing, "who knows"... Ripple Labs doesn't even know how they are going to distribute the remaining 70 billion XRP with the unknowns that are present in crypto.  GRT has a well defined plan of how the currency will be distributed and the markets being targeted, if you do the math of the revenue loops that are tied to those markets a conversion can be made.

But honestly my personal end goals are when I can feed my family with GRT, when my family in Venezuela can transact for groceries with GRT instead of dealing in diapers because the fiat Bolivares is in hyper inflation.

I enjoy hearing your perspective on these forums, we would be honored to have a more intimate conversation via email if you would like; mail@grantcoin.org.  

Excellent points. I do like the team and concept. Of course, I would not expect you to be able to definitively state what the value will be, but for example, RL has stated their target value is 1 USD. Busy now but I'll be sure to contact you guys directly over the weekend!

I want to thank everyone's trading volume this past week, it looks like Bittrex is keeping GRT listed.  We'll have to keep an eye on it while its still early but with the projects that are going to be announced in the near future hopefully more people will see that this is not just your ordinary altcoin :). 

Thanks again for all your support to help make Grantcoin a reality!

Send Grantcoin on Twitter with New Web-Based Wallet App

Posted on July 22, 2015 by The Grantcoin Foundation
http://www.grantcoin.org/2015/07/22/send-grantcoin-on-twitter-with-new-web-based-wallet-app/

The Grantcoin Foundation is pleased to announce the launch of @SendGrantcoin (https://twitter.com/sendgrantcoin), a web-based wallet app that enables anyone with a Twitter account to send and receive Grantcoin in tweets. The system is fully automated, not requiring any human activity to process transactions.

“We’re excited to provide this service because it makes Grantcoin much more accessible to non-technical people,” said Eric Stetson, Executive Director of the Grantcoin Foundation. “Twitter is a perfect platform for sending digital currency, such as for social tipping, microgrants and donations to worthy causes. Integrating Grantcoin with social media makes it more useful and easy for the average person to use this currency.”

Twitter users can get a deposit address to fund their Grantcoin Twitter wallet, check their balance, and withdraw to an external Grantcoin wallet by sending either a tweet or a direct message to @SendGrantcoin. Users can send GRT to one or more recipients with a simple tweet.

No download or installation of any software is necessary to use the Grantcoin Twitter wallet. Instructions for how anyone on Twitter can immediately start using their Twitter account as a Grantcoin wallet are available at http://www.grantcoin.org/t (http://www.grantcoin.org/t)

Grantcoin held by users of the Twitter wallet system is stored on a secure server owned and operated by the Grantcoin Foundation. Neither Twitter nor any developer outside the Grantcoin team has access to the server or funds.

That's pretty cool. I'll have to this out.

Genius. Has this been done before? excellent marketing tool as well. Hats off. I have to say, while I first invested in hopes of a quick buck, I am becoming more and more impressed with the long term vision and team. Proud to be the first ripple investor. Keep up the good work. If there's anyway I can help the team, please let me know.

It's been done with reddit, but I think this may be the first application for twitter.

this good :D
I can try some

A few other coins have also done it with Twitter, but Grantcoin has improved the details of implementation so that tweeting coins is more intuitive and easily understandable for users, especially for people not familiar yet with crypto.

Also, an app like this fits perfectly with the overall concept of Grantcoin, and even the name of our currency. If you want to send a micro-grant of some money on social media, might as well send (a) grant (of) coin, i.e. @SendGrantcoin. And Grantcoin is primarily issued into circulation as philanthropic grants, so both on the macro and micro level this coin is perfectly suited for "paying it forward" on social media, to charities, or to anyone you think is #grantworthy. :)

As National mentioned, this Twitter wallet app is a great marketing tool, and the Grantcoin Foundation and our team members will be making heavy use of it for this purpose, getting the word out about Grantcoin to thousands and thousands of people, giving worthy recipients small amounts of GRT to spark their curiosity and interest. Hopefully many will start using the currency. We'll also be launching an online store in the next couple of months where people will be able to spend it, so that will increase the utility of the grants that people receive through Twitter.

Thank you for the heads up, I couldn't remember.

Question for you, will the online store feature the businesses that currently accept Grantcoin, and will you add them to the app as more businesses come on board?

Wow , awesome .

how many confirmation until my deposit show ?

dev I hope you change android wallet , I dont Like this design , this design same Like windows qlient . I hope  you see another android wallet on playstore , I like wallet Ziftrcoin , Bitcoin , Litecoin . they have god interface and simple for use

The store will start as a carefully curated selection of opportunities for people to spend Grantcoin, and also selected charities that will accept it too. Generally speaking, our philosophy for developing the store will be to begin with product areas that are easier to deal with as a merchant, such as things that can be sold digitally or based on a vendor-direct business model, rather than handling inventory and shipping. We will start in a simple way and hopefully add more product categories later on, after the store demonstrates success.

We'll be putting out an announcement with some overall info about the store within the next few days. We're hoping to launch it within a couple of months.

6 confirmations.


Thank you for your feedback and suggestion about Android wallet.

I hope you make some bounty , maybe translate or everything for promotion GRT for future

Hey Lazada,

We certainly are looking to provide bounties for individuals willing to translate the announcements and most importantly all our documents on grantcoin.org.  We have potential resources for Spanish and Portuguese, are you willing to help provide any support for the languages you know?  If so, please contact us at mail@grantcoin.org.

Thanks,

Brandon

Grantcoin Foundation Shifts Fundraising Strategy, Begins Outreach to Charities

Posted on August 19, 2015 by The Grantcoin Foundation
http://www.grantcoin.org/2015/08/19/grantcoin-foundation-shifts-fundraising-strategy-begins-outreach-to-charities/


The Grantcoin Foundation, a legally incorporated nonprofit organization, has decided to stop selling reserves of Grantcoin on exchanges and will instead pursue grant funding from philanthropists and charitable foundations to fund our activities.

We will also begin seeking donations from people who wish to use Grantcoin as a convenient way to make micro-donations to charities through Twitter using our Twitter wallet app (http://www.grantcoin.org/use-grantcoin/wallets/twitter/). Donors will be able receive a pre-loaded USB card with software, Grantcoin currency, instructions and tech support, and Grantcoin branded merchandise as thank-you gifts for their contribution to the Grantcoin Foundation. All Grantcoin that is given to donors will be purchased in advance by the Foundation on exchanges, rather than by distributing new Grantcoin into circulation.

The Grantcoin Foundation has also begun reaching out and establishing relationships with charities and nonprofits that are interested to use Grantcoin as a way to raise money on social media. Over the next few weeks, we will start making announcements about some of these relationships, and a new website will be launched to provide buzz for charities that accept Grantcoin.

“Exciting times are ahead for Grantcoin,” said Eric Stetson, Executive Director of the Grantcoin Foundation. “Our team has been doing a lot of work under the radar to get ready for a new phase in the development of this project, which we believe will propel Grantcoin to become one of the most widely used digital currencies.”

The Grantcoin Foundation invites everyone interested to closely follow our website (http://www.grantcoin.org/), Twitter feed (https://twitter.com/grantcoin), and Facebook page (https://www.facebook.com/grantcoin) for new announcements during the next month.

Grantcoin Foundation Partners with Youth Business Network in Greece

Posted on August 24, 2015 by The Grantcoin Foundation
http://www.grantcoin.org/2015/08/24/grantcoin-foundation-partners-with-youth-business-network-in-greece/ (http://www.grantcoin.org/2015/08/24/grantcoin-foundation-partners-with-youth-business-network-in-greece/)


The Grantcoin Foundation is pleased to announce our partnership with Youth Business Network (http://youngentrepreneurs.eu/), a Greek NGO, to encourage adoption of Grantcoin among young entrepreneurs and small businesses in Greece and the European Union.

Youth Business Network is led by a team of young professionals in Greece with a mission to empower young people to set up their own businesses. The organization is funded by the EU’s Erasmus+ program, the Atlas Network, the Friedrich Naumann Foundation for Freedom, and other international sponsors.

YBN will assist the Grantcoin Foundation with outreach to Greek and European entrepreneurs and business owners, to help them learn the benefits and mechanics of using cryptocurrency, specifically Grantcoin, as a payment method both for customers and business-to-business transactions. YBN will also help with translation of documents and articles about Grantcoin into the Greek language.

The Grantcoin Foundation will provide grants of Grantcoin to YBN based on demonstrated results. If things go well, YBN could eventually assist in organizing a national Grantcoin affiliate to distribute Grantcoin to sustainable businesses in Greece.

“In the wake of the Greek financial crisis, the Greek people need a more ethical and sustainable alternative than debt-based currency issued by for-profit banks,” said Eric Stetson, Executive Director of the Grantcoin Foundation. “Grantcoin, which is distributed by a nonprofit organization with a mission for social good, can fill this need and help the people and businesses of Greece build a stronger financial system for their future.”

“We look forward to working with the Grantcoin Foundation to raise awareness and increase adoption of Grantcoin in Greece and the European Union,” said Nikolaos Kostopoulos, Managing Director of Youth Business Network. “Especially among young entrepreneurs, we believe there will be growing interest in cryptocurrency technology and that many will see the benefits of Grantcoin.”

 
For more information:

The Grantcoin Foundation: grantcoin.org (http://www.grantcoin.org)
Grantcoin Greece Facebook page (updates in Greek): https://www.facebook.com/grantcoingreece (https://www.facebook.com/grantcoingreece)
Youth Business Network: youngentrepreneurs.eu (http://youngentrepreneurs.eu)

Is there a whitepaper somewhere? I am very interested how the proof-of-participant concept is designed.

This is great, I wish you guys the best of success with this. 

There's a whitepaper on our website, grantcoin.org (http://www.grantcoin.org). The essence of the proof-of-participation concept as we envision it is to give a financial incentive in the form of Grantcoin to businesses to accept the currency. The incentive will be in the form of Grantcoin coupons to be passed on to the customer. So if the customer pays in Grantcoin, then they get 10% off or something like that. The discount is funded by the Grantcoin Foundation. So it's a way to incentivize businesses to accept the currency as a payment option, and to incentivize customers to pay with it.

Having said that, Grantcoin is in the process of going through a transition in strategy. We've recently decided to focus first on gaining users of Grantcoin in the charity sector. Once there are a lot of people using it as a way to give to charities on social media, then we will begin our outreach to businesses, because businesses will be more likely to accept the currency if there are already plenty of users. We think charities will be more willing to accept it at the beginning, because charities can receive donations of Grantcoin on Twitter without having to do anything. With businesses, there is the added requirement that the business implement a plugin to accept cryptocurrency in their e-commerce platform. So the charities may find it easier to embrace Grantcoin, and are therefore the first audience we will promote it to; then the businesses will come next.

The emphasis of the way we pitch Grantcoin will also be changed somewhat to reflect the focus on acquiring users in the charity sector. Significant marketing will be invested into reaching out to charities with our targeted pitch. Fortunately, Grantcoin has always had a focus on the philosophy of social and environmental responsibility, which fits well with a huge number of charities.

How long does it take before the staking starts,i have coins in my wallet for 6 days still not staking ,just wondering it would b nice to know and the mining is going great ..............

PoW until block 250,000, then PoW/PoS hybrid

http://www.grantcoin.org/about/technical/

Well i guess will keep mining it great coin to mine

this coin has a steady price, keeps rising

version" : "v0.1.0.0-unk-beta",
"protocolversion" : 60004,
"walletversion" : 60000,
"balance" : 0.00000000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 187586,
"moneysupply" : 10031749627.87000084,
"connections" : 6,

My wallet is fully synchronized but i havent received withdrawal to my wallet from bittrex. Strange..  ???

Edit: Bittrex withdrawal finally showed up!!

Been mining this coin for almost a month now all say it again it a great coin to mine EVEN PUT JALAPENO FROM Butterfly lab to work that one is bringing in about 120 coin a day extra why not use it....It cheap on power and maybe some day it will pay for itself ??????????? 

This coin is looking good too, keep hashing mate!!  :)

   yes i am

is it still good to buy in now?
sold mine n forgot to buy it back

The developers are still active and the Grantcoin Foundation nonprofit organization is still moving forward with its plans. Our team is continuing to work on making this coin a long-term success. In the near-term, there will be some significant announcements coming in the next few weeks.

Now is probably a good time. Someone just dumped a bunch.

What is the current block reward of this cryptocurrency? BTW, is there a similarity between POW and Proof-of-Participation? I noticed the algorithm at supernova.cc and it is mentioned SHA-256d. So, is it mineable with my spare Antminer S3+ ?

Current block reward is 100 but only for a few more days. Yes, you can mine with S3+.

EDIT: Reduced to 50 at block 200,000

thanks, bought a few from your suggestion, hope it could still be higher at price

The block reward just halved. I think there will be a slight dip in the price as there will probably be miners dumping their coins. Once that is over I think the price will recover and possibly be slightly higher as the mining cost will be higher. Then with the pending news from the foundation there could be another bump in price which hopefully holds steady.

That is just me speculating. I'm no financial advisor :)

YMMV

yes i think so too, when the block reward halved, currently, buying up some more from the dump

Every time my computer close for updates when i go to reopen it there a file missing is there something we can do to fix this issue with the wallet..

Can you please describe the issue in more detail? What file is missing? What operating system is your computer using?

This is the first time we've heard of this issue, so we need all the info we can get to look into it and try to find the cause. Thanks!

check this file is installed in the wallet directry libstdc++-6.dll if not copy and paste it from the zip file that you downloaded ......wallet will work ok , Assuming thats the issue

Grantcoin Foundation Applies for 501(c)(3) Tax-Exempt Status

Posted on October 27, 2015 by The Grantcoin Foundation
http://www.grantcoin.org/2015/10/27/grantcoin-foundation-applies-for-501c3-tax-exempt-status/ (http://www.grantcoin.org/2015/10/27/grantcoin-foundation-applies-for-501c3-tax-exempt-status/)


The Grantcoin Foundation (http://www.grantcoin.org/foundation/) is pleased to announce that we have applied for 501(c)(3) status as a tax-exempt charitable and educational nonprofit organization in the United States. Based on legal advice we have received, we are confident that the Foundation meets all the criteria for approval.

If the Grantcoin Foundation is approved by the IRS, Grantcoin will become the first cryptocurrency to be managed and distributed by a 501(c)(3) organization.

The Grantcoin Foundation made the decision to pursue tax-exempt status because the mission of our organization and the Grantcoin currency itself is philanthropic in nature. Grantcoin is an alternative currency distributed into circulation primarily as charitable grants. The Grantcoin Foundation also has an educational mission, to inform the public about the history of money, the negative consequences of the current for-profit monetary system, and the benefits of a non-profit, non-governmental alternative.

To increase our credibility as a grantmaking charity and strengthen the case for 501(c)(3) approval, we have reallocated the amount of Grantcoin held by the Foundation in different categories of the Grantcoin Reserve (http://www.grantcoin.org/about/reserve-distribution/). Under our revised plan, 80% will be given away as grants to worthy people and organizations, and only 20% will be used for administrative purposes and incentives for growth and adoption.

“Grantcoin is one of only a handful of cryptocurrencies that have been created to advance a cause for social good,” said Eric Stetson, founder and Executive Director of the Grantcoin Foundation. “It is appropriate that such a project be managed by a legitimate tax-exempt nonprofit organization which can be backed financially by donors and benefactors. We believe the world is ready for a philanthropy-based currency, and Grantcoin looks forward to leading the way.”

In the next few weeks, we will roll out a program to encourage charitable donations to the Grantcoin Foundation, as well as other important announcements about new developments coming soon.

looks like good news, waiting for the price to rise

Grantcoin Foundation Partners with 7 Elements for Development Services; Mandatory Wallet Update by End of November

Posted on November 5, 2015 by The Grantcoin Foundation
http://www.grantcoin.org/2015/11/05/partners-with-7-elements-for-development-services-mandatory-wallet-update/ (http://www.grantcoin.org/2015/11/05/partners-with-7-elements-for-development-services-mandatory-wallet-update/)


The Grantcoin Foundation and 7 Elements LLC are pleased to announce an ongoing partnership for development and maintenance of Grantcoin code and wallet software.

7 Elements is led by Troy Benjegerdes, a developer with experience in the cryptocurrency field, who has served as an Advisor to the Grantcoin Foundation ever since Grantcoin launched in May. Troy has a career background in software engineering, especially servers and back-end development, and has worked for the Cray supercomputer company.

7 Elements is donating professional services to the Grantcoin Foundation because Grantcoin is the only cryptocurrency that is managed by a nonprofit organization with a mission for social good, which is pursuing recognition as a 501(c)(3) tax-exempt charity.

“I am happy to work with the Grantcoin Foundation to make Grantcoin as strong technologically as it is in its economic philosophy and values,” said Troy Benjegerdes. “When you use Grantcoin, you are voting with your wallet for an inclusive, direct-democratic financial system that decides how wealth should be distributed based on charitable guidelines, not the profit interest of a small group of financial insiders. This is a cryptocurrency worth supporting.”

In the next two weeks, the Grantcoin Foundation will be releasing new code and wallets for Windows, Mac, Linux, and Android. This will be a mandatory update for all users — there will be a hardfork at block 250,000 in the Grantcoin blockchain.

Reasons for the update include:

• Integrate all features which were added to Bitcoin core versions 0.7 and 0.8, some of which were not included in the first version of Grantcoin. These features includes coin control and support for IPv6.
• Significantly improve blockchain download speed. This is especially noticeable in the Android client.
• Indefinitely delay the start of Proof of Stake. The Grantcoin Foundation has decided to consider alternative distribution models for future block rewards which are more in line with the economic justice principles of our organization. While studying and deciding on a system, Grantcoin’s network will continue to be powered by Proof of Work mining. 7 Elements will lead the development of a permanent solution to be released in 2016.

The mobile wallet being developed by 7 Elements offers users full control of sensitive information such as private keys and transaction history data, without any third-party hosting that can be compromised by hackers or corporate buyouts.

Troy Benjegerdes is working closely with Eric Stetson, who developed the first version of Grantcoin, on internal alpha testing for the hardfork to occur at the end of November, to ensure that there will be a smooth, bug-free transition for Grantcoin users, mining pools, and exchanges.

Please watch for another announcement by the middle of this month with new wallet downloads and instructions for the mandatory update.


http://www.grantcoin.org/wp-content/uploads/Troy-and-Catoshi.jpg

Developer Troy Benjegerdes and Catoshi the cat, who sometimes lets her human write code

Hello Grantcoin users,

Just a reminder that Grantcoin will have a hardfork at block 250,000, which will be reached in about 1 week (expected December 3). Mining pools and exchanges have been contacted so that the fork should go smoothly.

New code has been released at the Grantcoin official code repository: https://github.com/grantcoin/grantcoin (https://github.com/grantcoin/grantcoin). Anyone who uses grantcoind, please compile and start using the new version 0.7.0 as soon as possible.

QT wallets have been built and will be released during the next few days. We apologize for the delay, but our development team is still in the process of finalizing them for public distribution.

BlockExperts updated.

New QT wallets for Windows and Linux have been released. Download here:

• Windows QT (http://www.grantcoin.org/downloads/Grantcoin-0.7.0-Windows.zip)
• Linux QT (http://www.grantcoin.org/downloads/Grantcoin-0.7.0-Linux-Qt)

The Grantcoin Foundation urges all Windows and Linux users to upgrade to the new version, v0.7.0, as soon as possible. This is a mandatory update by December 2. The older version of the wallets will not work after block 250,000.

If you experience any bugs with the new wallets, please let us know. http://www.grantcoin.org/contact/ (http://www.grantcoin.org/contact/)

Mac and Android users, please watch this page for updated wallets for your operating systems to be released in the next few days: http://www.grantcoin.org/use-grantcoin/wallets/ (http://www.grantcoin.org/use-grantcoin/wallets/)  Thank you for your patience.

Suprnova updated

New version 0.7.0 beta QT wallet for Android smartphones and ARM tablets has been released. Click here to download. (http://www.grantcoin.org/downloads/Grantcoin-0.7.0-Android-arm.apk)

This is a mandatory update by December 2. The older version of the wallets will not work after block 250,000.

See this page for a list of all wallet downloads as they become available: http://www.grantcoin.org/use-grantcoin/wallets/ (http://www.grantcoin.org/use-grantcoin/wallets/)

New version 0.7.0 QT version for Mac has been released. Click here to download. (http://www.grantcoin.org/downloads/Grantcoin-0.7.0-Mac.dmg)

This is a mandatory update, effective immediately. The older version of the wallets will not work after block 250,000, which will be reached sometime tomorrow, December 3.

See this page for a list of all wallet downloads for various operating systems: http://www.grantcoin.org/use-grantcoin/wallets/ (http://www.grantcoin.org/use-grantcoin/wallets/)

Attention Grantcoin Users: Mandatory Wallet Update by Today, December 3

Posted on December 3, 2015 by The Grantcoin Foundation
http://www.grantcoin.org/2015/12/03/attention-grantcoin-users-mandatory-wallet-update/ (http://www.grantcoin.org/2015/12/03/attention-grantcoin-users-mandatory-wallet-update/)


The Grantcoin software development team has tested and released a new version of wallets, v0.7.0, for Windows, Mac, Linux, and Android. All Grantcoin users are urged to download the new wallet software as soon as possible.

Because of planned changes to the Grantcoin block reward system — specifically, turning off the Proof-of-Stake minting which was scheduled to begin — the blockchain (http://www.grantcoin.org/use-grantcoin/ledger/) will fork at block 250,000. This is expected to happen today, December 3. After today, people who haven’t updated their wallet may be connected to the wrong blockchain if they use the old wallet. If you try to send a transaction with the old wallet, you may lose your coins.

Updating to Grantcoin v0.7.0 is easy. Just download the appropriate wallet for the operating system you are using and run it. If you already had Grantcoin on the same computer or device, the new wallet might take some time to re-index the blockchain the first time you use it.

Users of the Grantcoin Twitter wallet do not need to do anything to continue using it the same as before — the Grantcoin Foundation has updated that wallet on our server. People who have Grantcoin in “cold storage” or a paper wallet do not need to do anything with their wallet.dat file or private key. If you ever decide to import your coins into an active, “hot” wallet on a computer or device, just make sure that you’re running the new version of the wallet software.

Wallet download links are below:

• Windows QT version 0.7.0 (http://www.grantcoin.org/downloads/Grantcoin-0.7.0-Windows.zip)
• Mac QT version 0.7.0 (http://www.grantcoin.org/downloads/Grantcoin-0.7.0-Mac.dmg)
• Linux QT version 0.7.0 (http://www.grantcoin.org/downloads/Grantcoin-0.7.0-Linux-Qt)
• Android app version 0.7.0 beta for smartphones and ARM tablets (http://www.grantcoin.org/downloads/Grantcoin-0.7.0-Android-arm.apk)
• Android app version 0.7.0 beta for Intel x86 tablets (http://www.grantcoin.org/downloads/Grantcoin-0.7.0-Android-x86.apk)

Grantcoin v0.7.0 includes several new features which are an improvement over the old wallet, such as:

• Coin control (for advanced users)
• Support for IPv6
• Multisig capability
• Faster syncing and blockchain download speed

More information about Grantcoin wallets is also available on this page (http://www.grantcoin.org/use-grantcoin/wallets/).

Grantcoin code is available on GitHub, for advanced users who wish to compile and run a grantcoind headless client. You have two options, both of which are v0.7.0 and fully compatible with each other:

• Grantcoin official code repository (https://github.com/grantcoin/grantcoin) — Distributed under AGPLv3 license.
• Grantcoin legacy code repository (https://github.com/grantcoin/grantcoin-legacy) — Distributed under MIT license. Does not include the new features that were added in the wallets built from the official code.

Grantcoin miners are asked to use the Suprnova mining pool (https://grt.suprnova.cc/) or solo-mine Grantcoin starting today. Suprnova has confirmed that they updated to the new version of Grantcoin. Other mining pools have not yet confirmed this, so the Grantcoin Foundation cannot recommend using them until they do.

If you have any questions or issues with the new wallets or code, please contact the Grantcoin Foundation (http://www.grantcoin.org/contact/) and our developers will reply. Bug reports and suggestions for improvement are always appreciated!

I installed the latest version of the wallet. Synchronization unit reached 250,000 and is already in place for 2 hours. What is the problem?

Looks like we are stuck at block 250,001
https://chainz.cryptoid.info/grt/

Here is the explanation of why we're currently stuck at block 250,001. There was an incompatibility between the updated legacy code and the new wallets, and the only mining pool that updated to v0.7.0 (Suprnova) was using the legacy code. As soon as we discovered the incompatibility, our team asked Suprnova to turn off their pool, since the blocks being mined after 250,001 will not be part of the blockchain after we get things started up again.

Last night, we released a patch to fix the problem in the legacy code, and informed Suprnova. They haven't yet restarted the pool though.

Anyone who wants to try to solo mine, can do so by compiling grantcoind from the latest version of the legacy code here: https://github.com/grantcoin/grantcoin-legacy (https://github.com/grantcoin/grantcoin-legacy). If you try this, please do a fresh blockchain download before you start to mine.

We also hope that Suprnova will start up again soon with the fix, and we'll inform you in this thread when that happens, so that people can mine again in the pool.

Our team is also testing a bug fix for the updated official code which had caused issues for Suprnova (which is why they were using the legacy version), and if all goes well, we'll release that tonight or tomorrow.

The other two pools (MaxMiners and AltMiners) have never responded to any messages from the Grantcoin Foundation about this fork, over the past couple of weeks, and as far as we're concerned these Grantcoin pools should be considered defunct and should not be used by anyone mining Grantcoin (unless we hear back from them, and if we do, we'll let the community know).

Suprnova now updated and active with the new wallet.

Thank you Suprnova for all your cooperation to get things working again on your pool.

Attention Grantcoin miners: Suprnova (https://grt.suprnova.cc/) is the ONLY pool we know of that has updated to the new wallet and is mining on the correct fork.

Some people are still mining on MaxMiners, but as we have mentioned before, that pool has not updated -- they are on the wrong fork of the blockchain! All blocks being found by MaxMiners are invalid. If you are mining on MaxMiners, the blocks you find are worthless and you are just wasting your electricity. Please switch to Suprnova or solo mine if you prefer.

If MaxMiners ever updates their Grantcoin pool, we will let you know.

Grantcoin Foundation Approved as 501(c)(3) Tax-Exempt Charity; Grantcoin Starter Kit and Matching Grant Programs Launched

Posted on December 15, 2015 by The Grantcoin Foundation
http://www.grantcoin.org/2015/12/15/grantcoin-foundation-approved-as-501c3-tax-exempt-charity-programs-launched/ (http://www.grantcoin.org/2015/12/15/grantcoin-foundation-approved-as-501c3-tax-exempt-charity-programs-launched/)


In a historic development, Grantcoin (http://www.grantcoin.org/) has become the first cryptocurrency to be managed and distributed by an IRS-approved tax-exempt public charity. The Grantcoin Foundation, a nonprofit organization incorporated in Delaware, has been approved by the U.S. Internal Revenue Service for 501(c)(3) status, which allows Grantcoin supporters in the United States to receive a full tax deduction for their charitable contributions (http://www.grantcoin.org/how-to-help/donate/) to Grantcoin’s governing body. 501(c)(3) organizations are legally required to have a charitable mission and adhere to high standards of ethics and transparency.

“The whole Grantcoin team is incredibly proud to have achieved this milestone,” said Eric Stetson, founder and Executive Director of the Grantcoin Foundation. “As the first philanthropy-backed digital currency with an affirmative IRS determination of tax-exempt status (http://www.grantcoin.org/documents/501c3-letter-of-determination.pdf), Grantcoin is breaking new ground. We are the charitable alternative to Bitcoin.”

In conjunction with this announcement, the Grantcoin Foundation is launching two new programs:

• GrantDrives (http://www.grantcoin.org/get-grantcoin/starter-kit/): Grantcoin-branded bamboo flash drives containing a Grantcoin starter kit for donors. The starter kit comes with wallet software pre-loaded with Grantcoin and detailed instructions for how to use it.
• Cascading Philanthropy program (http://www.grantcoin.org/how-to-help/cascading-philanthropy/): Matching grants for donors, to the charity of your choice. The Grantcoin Foundation will give the equivalent monetary value of your tax-deductible donation in the form of Grantcoin, plus free promotion for your favorite charity or nonprofit to our 4,000+ Twitter followers. In January we plan to launch a website called GrantMarket, where people can easily send Grantcoin microdonations to featured charities, artists, and other worthy recipients — and your charity will be profiled there too!

Over 80% of the total supply of Grantcoin is reserved (http://www.grantcoin.org/about/reserve-distribution/) for charitable grants to help create a more humane and sustainable world. Grantcoin will be distributed in each nation and community proportionally to its population, to help shift the economy towards a more fair distribution of wealth as the currency gains users and value.

“We’re building an alternative currency system inspired by people’s belief in social justice and the public good, and backed by their philanthropic support,” said the founder of Grantcoin. “Imagine a world where humanity’s most worthy values and actions are built in to the way money works — that’s the world Grantcoin is creating. All we need is people to join this movement for an equitable and sustainable global economy,” said Stetson. “Together we can make it happen.”

Grantcoin was launched to the public on May 1, 2015 and is led by a team (http://www.grantcoin.org/foundation/team/) of socially conscious entrepreneurs and activists in the United States. The Grantcoin Foundation plans to establish affiliates in communities around the world, which will assist in the distribution and widespread adoption of Grantcoin. For more information and to get involved, visit grantcoin.org (http://www.grantcoin.org/).

very cool stuff


Question...now that ripple trade is shutting down, how is that going to affect Grantcoin?... if at all.

Good question. One of our team members is talking with the GateHub team to see if we can get Grantcoin supported on their Ripple wallet and trading platform. We'll update the Grantcoin community when we know more.

very cool stuff


Question...now that ripple trade is shutting down, how is that going to affect Grantcoin?... if at all.
[/quote]

Hi Chey,

Thanks for your comment, we are excited for the next stages of Grantcoin, more things are brewing with an exciting 2016 to look forward too :). 

Anyway, very good question about Ripple Trade shutting down.  Our team was surprised with the recent news of Ripple Trade shutting down but after discussion with our contact at Ripple labs it seemed inevitable, the ripple consumer interface is a tier below Ripple Labs to allow more focus on banks.  We are already in discussion with GateHub and should migrate our wallets soon if all goes as planned.  We will let you know as things progress but we are hopeful the GRT.Grantcoin asset will continue being exchangeable on the ripple protocol. 

Cheers,

Brandon

Announcing GrantMarket, an Online Hub for Cryptocurrency Giving

Posted on February 10, 2016 by The Grantcoin Foundation
http://www.grantcoin.org/2016/02/10/grantmarket-online-hub-for-cryptocurrency-giving/


The Grantcoin Foundation is pleased to announce the launch of GrantMarket (http://www.grantmarket.org/), a website where people can give micro-donations of Grantcoin (GRT) to worthy recipients online.

Once or twice a week, our team will publish articles on GrantMarket about a charity or nonprofit organization, artist or musician, or other #grantworthy person or organization. Readers who are inspired to support them can click a button to send GRT through Twitter (http://www.grantcoin.org/use-grantcoin/wallets/twitter/), or copy a specific wallet address and send them GRT using a Grantcoin wallet (http://www.grantcoin.org/use-grantcoin/wallets/) on your computer or smartphone.

Each article on GrantMarket will also have a Bitcoin donation button powered by Coinbase, and a PayPal button for people who wish to donate using U.S. dollars. Users who choose these options will be making a tax-deductible donation (http://www.grantcoin.org/2015/12/15/grantcoin-foundation-approved-as-501c3-tax-exempt-charity-programs-launched/) to the Grantcoin Foundation, and our organization will send the equivalent amount of GRT to your intended recipient.

Later this year, GrantMarket will also begin featuring socially and environmentally conscious businesses, and people will be able to spend Grantcoin to buy gift cards or coupons at those businesses — similar to a customer loyalty points program.

“We’re excited to launch GrantMarket because we believe it’s essential for alternative currencies to have a real-world purpose,” said Grantcoin founder Eric Stetson. “Our goal is to develop Grantcoin and GrantMarket into an economic network for social good.”

People who wish to acquire Grantcoin to use on GrantMarket may donate (http://www.grantcoin.org/how-to-help/donate/) to the Grantcoin Foundation and receive a Grantcoin starter kit (http://www.grantcoin.org/get-grantcoin/starter-kit/) with software, coins, and instructions. We match all donations (http://www.grantcoin.org/how-to-help/cascading-philanthropy/) with an equivalent donation of GRT to the charity of your choice. Grantcoin can also be purchased on exchanges (http://www.grantcoin.org/get-grantcoin/exchanges/).

We invite you to visit grantmarket.org (http://www.grantmarket.org) and check out the new site!

I'm sure there are a lot of givers out there who like to remain anonymous. Does The Grantcoin Foundation, through the use of Grantcoin, provide such possibilities? If not, is that something givers can look forward to in the future?

Is there p2pool files for this as yet?

trading GRT on bittrex

What about this spike on BITTREX?

no plan to add polo dev?

Having some issues with the wallet. I can't find any peers, though the chain looks healthy. Also I have to reload the entire chain every time I restart the wallet, this needs fixed.

Is anyone here trading/holding  this or signed up for their distribution next week?

The trading volume is pretty low.

I signed up
but have not received the gift  :'(

I signed up a few days ago and received the first batch yesterday, also the referral bonuses.Thanks for the free coins. I hope this project will gain attention over time, great idea.

This coin has been solid since the git go.

Currently not a PoS coin (plans for it in the future), but an online wallet is available at https://poswallet.com . Any distributions will be paid out in the online wallet as well.

sorry TLDR for now.. but is this coin a basic income coin? thanks

In short, yes.

where to signup for this? also, any bounties? i have always liked the idea of UBI so this is by default an okay coin for me

Feel free to use my referral link in my sig. :D You don't have to, but I'd like it. :)