Bitcoin Forum

2 for 1 sale - Buy one, get Won free

As mentioned in The Woncoin Win Paper, Woncoins are distributed to whomever hodls TheDAFT after each batch is sold:

• The above shows us that after every batch (100000) of TheDAFT that is purchased and put into circulation there will be a distribution of Woncoin.

• Woncoin distributions to TheDAFT hodlers double in quantity after each batch is sold.

You decide the price

Investors will dictate the price of the ICO unlike any other crowdsale. The first batch of TheDAFT is sold at a rate of 0.001 BTC. After the first batch is sold, TheDAFT hodlers will receive “vote-tokens” to determine whether the price of the upcoming batch should double.


Voting with a twist – Save it for a rainy day

Vote-tokens will be distributed after each batch is sold. The amount sent from TheDAFT address will equal the amount of TheDAFT in circulation. The price voting process is unique since you can use them later if unspent.

I.e. if you feel strongly that the price should double after the third batch and not before, you can save your vote-tokens to be used then. Interestingly this creates more vote-tokens in total than TheDAFT because of the unique process in which vote-tokens are created and spent.

* When the first batch is sold:

• Two different vote-tokens
  will be created. One will represent doubling the price, the other will represent keeping the price. Both of these will be distributed to TheDAFT at a 1:1 ratio.

• To cast their vote, TheDAFT hodlers can simply return the vote-token to the originating address. The token with the highest return rate wins the vote.
  

• E.g. if 50000 tokens for doubling the price and 20000 tokens for keeping the
  price is returned, the price for the second batch of TheDAFT will double from
  0.001 BTC to 0.002 BTC.

* When the second batch is sold:

• More voting tokens will be created in accordance to the total number of TheDAFT in circulation and how many voting tokens had been returned. Using the example above of 50000 (double) and 20000 (keep) tokens that had been returned, there’ll be created an additional of 150000 and 180000 tokens respectfully. These will be distributed same as before, 1:1 to TheDAFT in circulation. Now there are 250000 (double) and 280000 (keep) tokens total in circulation. Giving the losing side of the vote a slight advantage in terms of number of available votes for the next round. This opens up strategic input and more speculation to scope in on Woncoin/TheDAFT price. Most importantly it distinguishes Woncoin from all other crowdfundings. In fact the contrast is stunning! Crowdsales usually work in a manner where early buyers receive more coins, creating a scheme many disagree with. Woncoin's ICO could possibly result in the opposite depending on the way people vote upon the route it takes, keeping it attractive for early and late adopters. All of this while giving traders, speculators and investors something to run amok and have fun with.

More than the average coin – The marketing and research token

Facebook, YouTube, Instagram and the likes have become in many ways their own ecosystem on the net. A popular page, channel or account on any of these platforms is often valuable. It attracts those in the business of marketing, advertisers and anybody that wants to sell you some crap. From product placement to sponsored reviews, having a single user that can influence millions of followers in almost an instant is an attractive proposition.

That's why TheDAFT and Woncoin uses the bitcoin blockchain. They exist purely on the bitcoin blockchain through the Counterparty protocol. As with the above mentioned platforms, bitcoin and its blockchain is similarly its own ecosystem. Having something popular within this system/network could potentially be valuable in the same way. A token and coin that has a large number of people participating unequivocally on such a system would likely be equally interesting to many.


Partnerships

Any business or institution can create a token that can represent anything. Since TheDAFT sale which essentially is the ICO for Woncoin sets a precedence, a business may welcome distributing their token to either of them. Their token can for example act as a coupon for a product, entertainment or even OBR (Opinion Based Research). Sending them instantaneously for almost no cost can be a great way for them to reach a broad spectre of people. It can kickoff newly created businesses or even new coin/token projects.

One can't compare sending a token to a Facebook “like”, especially when it comes to things like OBR, polling and measuring popularity. Mainly due to the fact that there isn't any sacrifice or risk involved with these traditional platforms. “Likes”, “followers”, “upvotes”, etc are merely empty clicks and taps anyone can do. In contrast, sending a token has a cost, a miner fee. Add the initial cost of having TheDAFT/Woncoin in circulation you get something which is more than the average click or tap.

TheDAFT would of course like to have partnerships with high profile companies within multiple different industries. The likelihood of this happening early on is slim. It's highly unlikely to get CocaCola or Apple to create tokens of some sort which they can distribute to Woncoin hodlers at this stage. Therefore TheDAFT will be looking to smaller projects and other niche markets. This may include new token/coin projects on Counterparty, artists, sporting establishments, restaurants, independent pornographers and many more.


You decided the price, you create the value

Value and price are two separate things. The value proposition of Woncoin is based around the usage and participation of the things mentioned above.






Money & currency

History has shown that world changing great ideas and concepts take years, more than 30 years to be accepted by the broader public. From Darwin's evolution theory to equal/gender/gay rights to cannabis legislation, they have all been met with resistance in the face of scientific facts and common sense. What seems silly to be opposed of today was at one point conventional wisdom. Even the potato had a hard time being accepted. In England, it was considered so poisonous or unhealthy that it was condemned by the Society for the Prevention of Unwholesome Diets (or S.P.U.D.). In comparison we're only closing in on 10 years for bitcoin.

Relevant link: https://hbr.org/2012/11/whydogreatideastakesolon

Woncoin becoming money and currency will take time because money is complicated. It's however weirdly and entirely possible because the only ingredient needed is belief.

Relevant video: https://www.youtube.com/watch?v=pfXlA_zTfxY&feature=youtu.be&t=4m56s


The #1 coin – Why so daft?

ICO ?

You cant be serious are you?

Can I make WONTON's with this?

Dont forget the generalDAO on the side!  ;D

MMMMMMMM spicy!!!

I need some General DAO chicken tonight, such hakka, much asian!

Trollcoin? your name is Scammer Will ffs

Guessing that this is another joke coin just like the pokemon coin threads that have been appearing recently.

Damm...another coin.

Please take some attention to create at least a nice ANN post.

hufftt... Why too much ICO, shit ann, fail from start coin now

ico?

Scammer Will
nice dev hope you are not a real scamer  :D

what? why there are no other info?

They'll absolutely want to send tips. Whether it's the FBI, CIA, KGB, GoT, NSA, WOW, NWO or any other three letter acronym government agency. They all want to send TheDAFT tips.

what? you say no information to The Vending Machine   :D

Funny you should mention wontons, it's actually on the roadmap, I didn't want to ruin the surprise.

Since you brought it up: we're in talks with 12 Inc about implementing their bitcoin chip into an undisclosed tech company's 3D-printer. What's interesting here is that you can load the chip-address with woncoin. 100 woncoins to be exact, this will allow you to print free wontons for life.

Sure, it will be part of the whole IoT. But the most exciting thing here is that there's a possibility to have over 1 million printers loaded with enough woncoin for free wontons. Of course there won't be that many, however, our calculations estimates that around 10000 – 50000 woncoin loaded printers strategically placed across the globe can eradicate hunger. It's not all about the money, TheDAFT hodlers and woncoin users could go down in history as world saving peace bringing pioneers.

To be honest this is way down the road. Printers aren't quite sophisticated enough yet. They can manage layered foods at the moment, stuff like pizzas and cakes. Wontons are slightly more complex to do.

You can come over and visit me and we can order-in if your are local. Dinner is at 8 pm sharp. Be there or be square!

Sound like a winner!!!!

Too little graphic in the OP. I won't buy it ;)
Just my two WONCs.

No thank you.

Appreciate the feedback guys and gals! The community is very important, Woncers are the best! We actually like the minimalistic approach. All relevant links are provided in the OP. There's no need for pumping with flashing lights and bling. This ain't no multi level marketing shit, this is the real thing.

Check out the latest fomo video: https://vimeo.com/175654132

I have seen many "minimalist "ANN threads but yours is beyond just that its making a gaff of absent and i just plain dont want to leave and go to a link in your OP for info i should already have infront of me ... THUS THE ANN THREAD

minimalist thread or not this coin looks bad and very scamish.
can you tell us your real identity so we can do some research on you?

more info dev

I'm merely a diplomat serving my purpose for TheDAFT party. I'm pretty irrelevant and insignificant, but the people TheDAFT consists of are the smartest and brightest people I've had the pleasure to come across. While we do not know exactly who they are for obvious and not so obvious reasons. One can presume they are industry leaders and respectable members of the elite. Nevertheless, it's part of the bubble DAFT privacy policy stated in the white paper.

The question is rather: Would it even matter to know who they are?

How many examples have we had of individuals stating their claim and reputation, parading in front of cameras for the world to see, only to have the project turn sour. NeoBee Danny, Paycoin Josh, and Mintpal Ryan (or was it Alex?), just to name a few. There are many more examples from the space, heck, there's more outside it. Investors and many people knew Bernie Madoff, look what happened there.

On the flip side, the one and only successful cryptocurrency to date is bitcoin. We know next to nothing about the creator, unless it's really Craig Wright! In fact, the anonymity of TheDAFT party bounds more likely for success than otherwise.

Another good/obvious reason is TheDAFT party doesn't want to create oracles and leaders. You've seen what can happen, it takes only one to snap their fingers and the rest follows. While there have been many good leaders throughout history, there have also been just as many bad ones.

In this case anonymity should be embraced and celebrated as it is a misconception to think otherwise. And so, my fellow Cryptonians: ask not what Woncoin can do for you, ask what you can do for Woncoin.

I've passed along the concerns and have received news back from TheDAFT party that they will publish a roadmap of some sort soon which will give a better overview and more info to those interested.

OP will be updated once it's published.

TheDAFT published the Woncoin roadmap. I have updated OP with the following info:



2 for 1 sale - Buy one, get Won free

As mentioned in The Woncoin Win Paper, Woncoins are distributed to whomever hodls TheDAFT after each batch is sold:
(Mobile users: For a better view of the table, go here (http://www.thedaft.party/).)

• The above shows us that after every batch (100000) of TheDAFT that is purchased and put into circulation there will be a distribution of Woncoin.

• Woncoin distributions to TheDAFT hodlers double in quantity after each batch is sold.

You decide the price

Investors will dictate the price of the ICO unlike any other crowdsale. The first batch of TheDAFT is sold at a rate of 0.001 BTC. After the first batch is sold, TheDAFT hodlers will receive “vote-tokens” to determine whether the price of the upcoming batch should double.


Voting with a twist – Save it for a rainy day

Vote-tokens will be distributed after each batch is sold. The amount sent from TheDAFT address will equal the amount of TheDAFT in circulation. The price voting process is unique since you can use them later if unspent.

I.e. if you feel strongly that the price should double after the third batch and not before, you can save your vote-tokens to be used then. Interestingly this creates more vote-tokens in total than TheDAFT because of the unique process in which vote-tokens are created and spent.

* When the first batch is sold:

• Two different vote-tokens
  will be created. One will represent doubling the price, the other will represent keeping the price. Both of these will be distributed to TheDAFT at a 1:1 ratio.

• To cast their vote, TheDAFT hodlers can simply return the vote-token to the originating address. The token with the highest return rate wins the vote.
  

• E.g. if 50000 tokens for doubling the price and 20000 tokens for keeping the
  price is returned, the price for the second batch of TheDAFT will double from
  0.001 BTC to 0.002 BTC.

* When the second batch is sold:

• More voting tokens will be created in accordance to the total number of TheDAFT in circulation and how many voting tokens had been returned. Using the example above of 50000 (double) and 20000 (keep) tokens that had been returned, there’ll be created an additional of 150000 and 180000 tokens respectfully. These will be distributed same as before, 1:1 to TheDAFT in circulation. Now there are 250000 (double) and 280000 (keep) tokens total in circulation. Giving the losing side of the vote a slight advantage in terms of number of available votes for the next round. This opens up strategic input and more speculation to scope in on Woncoin/TheDAFT price. Most importantly it distinguishes Woncoin from all other crowdfundings. In fact the contrast is stunning! Crowdsales usually work in a manner where early buyers receive more coins, creating a scheme many disagree with. Woncoin's ICO could possibly result in the opposite depending on the way people vote upon the route it takes, keeping it attractive for early and late adopters. All of
  this while giving traders, speculators and investors something to run amok and have fun with.

More than the average coin – The marketing and research token

Facebook, YouTube, Instagram and the likes have become in many ways their own ecosystem on the net. A popular page, channel or account on any of these platforms is often valuable. It attracts those in the business of marketing, advertisers and anybody that wants to sell you some crap. From product placement to sponsored reviews, having a single user that can influence millions of followers in almost an instant is an attractive proposition.

That's why TheDAFT and Woncoin uses the bitcoin blockchain. They exist purely on the bitcoin blockchain through the Counterparty protocol. As with the above mentioned platforms, bitcoin and its blockchain is similarly its own ecosystem. Having something popular within this system/network could potentially be valuable in the same way. A token and coin that has a large number of people participating unequivocally on such a system would likely be equally interesting to many.


Partnerships

Any business or institution can create a token that can represent anything. Since TheDAFT sale which essentially is the ICO for Woncoin sets a precedence, a business may welcome distributing their token to either of them. Their token can for example act as a coupon for a product, entertainment or even OBR (Opinion Based Research). Sending them instantaneously for almost no cost can be a great way for them to reach a broad spectre of people. It can kickoff newly created businesses or even new coin/token projects.

One can't compare sending a token to a Facebook “like”, especially when it comes to things like OBR, polling and measuring popularity. Mainly due to the fact that there isn't any sacrifice or risk involved with these traditional platforms. “Likes”, “followers”, “upvotes”, etc are merely empty clicks and taps anyone can do. In contrast, sending a token has a cost, a miner fee. Add the initial cost of having TheDAFT/Woncoin in circulation you get something which is more than the average click or tap.

TheDAFT would of course like to have partnerships with high profile companies within multiple different industries. The likelihood of this happening early on is slim. It's highly unlikely to get CocaCola or Apple to create tokens of some sort which they can distribute to Woncoin hodlers at this stage. Therefore TheDAFT will be looking to smaller projects and other niche markets. This may include new token/coin projects on Counterparty, artists, sporting establishments, restaurants, independent pornographers and many more.


You decided the price, you create the value

Value and price are two separate things. The value proposition of Woncoin is based around the usage and participation of the things mentioned above.






Money & currency

History has shown that world changing great ideas and concepts take years, more than 30 years to be accepted by the broader public. From Darwin's evolution theory to equal/gender/gay rights to cannabis legislation, they have all been met with resistance in the face of scientific facts and common sense. What seems silly to be opposed of today was at one point conventional wisdom. Even the potato had a hard time being accepted. In England, it was considered so poisonous or unhealthy that it was condemned by the Society for the Prevention of Unwholesome Diets (or S.P.U.D.). In comparison we're only closing in on 10 years for bitcoin.

Relevant link: https://hbr.org/2012/11/whydogreatideastakesolon

Woncoin becoming money and currency will take time because money is complicated. It's however weirdly and entirely possible because the only ingredient needed is belief.

Relevant video: https://www.youtube.com/watch?v=pfXlA_zTfxY&feature=youtu.be&t=4m56s


The #1 coin – Why so daft?





[/list][/list]

Mobile users: Since you had trouble viewing the table correctly, OP is updated with a link for a better view of the table.

Save Mr. Flopsy!

https://www.instagram.com/p/BHe11QSgCRL/?taken-by=thedaftparty

lol that username - "ScammerWill" what a winner.

Leaked footage: https://www.instagram.com/p/BJN2FRDAJyh/

There are so many coins .. hope sure it is not to become a scam

scammer will good name, make us be wary from scammers  ;D

Strangely people have been reacting to my name, what's up with that??? If you don't buy TheDAFT because of my name, well that's just racist!
Don't be a racist! Buy TheDAFT!


Yes, I am very much like Charlie Sheen: https://youtu.be/9QS0q3mGPGg

good luck dev

Just follow your twitter and good luck for your project Dev..hope will be great in the future..and yeahh i'll watching this thread for want to know much about this project

Arrigato!

This has been peer reviewed extensively and the conclusion has been clear. It isn't a scam, nor is it a ponzi. Actually, the awesomeness has been branded as a "Sconzi". A term first coined by Dr. Lanel (I've probably misspelled his name). I'm sure you'll come to the same conclusion as well after reading through the published papers.

S01E01 now on Twitter, YouTube and Vimeo. Links below:

Twitter: https://twitter.com/thedaftparty/status/766612181366472704

YouTube: https://youtu.be/U9YPo6iTvBI

Vimeo: https://vimeo.com/179765051

Molly needs to get some bitcoin! https://www.instagram.com/p/BJe3V0WA46f/

ANN post updated

S01E02 now on Twitter, YouTube and Vimeo:

Twitter: https://twitter.com/thedaftparty/status/769832285537460224

YouTube: https://youtu.be/OlWRWtE6OFs

Vimeo: https://vimeo.com/180470273

is there any bounty?
if yes than i will do hindi (indian) translation..

Jack is kind: https://www.instagram.com/p/BJxAQo0AwYl/

S01E03 out now on Twitter, YouTube and Vimeo:

Twitter: https://twitter.com/thedaftparty/status/772348390357233664

YouTube: https://youtu.be/oO5MdaiORq0

Vimeo: https://vimeo.com/181368334