Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: coinsolidation on June 15, 2014, 11:39:39 PM



Title: [removed] Coinsolidation
Post by: coinsolidation on June 15, 2014, 11:39:39 PM
This project will not go ahead.

We are working in numerous threads to crowd source and define a user focussed long term coin. After which point we will post a proposed specification.

discussion on how should coin developers be remunerated? (https://bitcointalk.org/index.php?topic=656720)
discussion on feature requirements (https://bitcointalk.org/index.php?topic=656240)
PoS/PoW  (https://bitcointalk.org/index.php?topic=656993.msg7396584#msg7396584)

Please join in the discussion.

=====================================================

From time to time it is important to consolidate both technology and funds, the coinsolidation project aims to do this.

We will consolidate features of multiple existing coins in to one. You will pledge amounts of various crypto currencies you hold to the project.

After implementation, you will be offered the chance to swap your currencies for consolidation. All accepted currency will be converted to a major currency and used to create a permanent buy wall on the market at the coins initial value. An initial IPO may also be offered if there is demand. After launch the coin will be mine-able. Number of coins, % premine for distribution, % ipo, % mine-able will be discussed at the specification stage.

This is non committal by all parties until after specification.

Step One: Planning
A 7 day period starting immediately where we gather coin requirements, and intents from those interested.

Throughout the next 7 days we will reply once per day to answer any questions.

Step Two: Specification
We will work on a specification over the next 10 days, the final 3 days will be set aside to refine and negotiate any conflicting features.

Step Three: Commitment & Implementation
Step Four: Launch


If after 7 days there is no real interest the project will be forgotten.

Thank you.


Title: Re: [PRE-ANN] Coinsolidation - Your Coin
Post by: raskul on June 15, 2014, 11:41:07 PM
one request - 0 premine.


Title: Re: [PRE-ANN] Coinsolidation
Post by: coinsolidation on June 16, 2014, 12:12:20 AM
one request - 0 premine.

Quote
After implementation, you will be offered the chance to swap your currencies for consolidation

It is required, in this case.


Title: Re: [PRE-ANN] Coinsolidation
Post by: krb91 on June 16, 2014, 12:24:28 AM
7 days seems a bit fast to give up the project in if there is no real interest


Title: Re: [PRE-ANN] Coinsolidation
Post by: coinsolidation on June 16, 2014, 12:39:41 AM
7 days seems a bit fast to give up the project in if there is no real interest

There is no point creating something if there is no demand for it. 7 days feels sufficient to establish whether and idea is viable or not.


Title: Re: [PRE-ANN] Coinsolidation
Post by: DudeAtWork420 on June 16, 2014, 02:28:23 AM
7 days seems a bit fast to give up the project in if there is no real interest

There is no point creating something if there is no demand for it. 7 days feels sufficient to establish whether and idea is viable or not.

You can't expect a demand if people don't know it exist. Why not join us at https://bitcointalk.org/index.php?topic=652238.0 take a look at Crypto Ambassador. We are committed in bringing the next stage to cryptocurrencies. Same with you, just be committed in this project. I'll be watching as I'm sure many others will.


Title: Re: [PRE-ANN] Coinsolidation
Post by: coinsolidation on June 16, 2014, 08:16:35 AM
We will check your project, thank you.


Title: Re: [PRE-ANN] Coinsolidation
Post by: platorin on June 16, 2014, 10:30:55 AM
Another IPO with premine.


Title: Re: [PRE-ANN] Coinsolidation
Post by: coinsolidation on June 16, 2014, 10:55:02 AM
Another IPO with premine.

We are still at the earliest planning stage.

If you can suggest an alternative way of allowing this form of consolidation (swapping multiple alts for this coin) which doesn't entail having coins to issue them, please do make the suggestion.


Title: Re: [PRE-ANN] Coinsolidation
Post by: raskul on June 16, 2014, 11:50:45 AM
Another IPO with premine.

We are still at the earliest planning stage.

If you can suggest an alternative way of allowing this form of consolidation (swapping multiple alts for this coin) which doesn't entail having coins to issue them, please do make the suggestion.

simple. decentralised mining.


Title: Re: [PRE-ANN] Coinsolidation
Post by: coinsolidation on June 16, 2014, 12:39:54 PM
Another IPO with premine.

We are still at the earliest planning stage.

If you can suggest an alternative way of allowing this form of consolidation (swapping multiple alts for this coin) which doesn't entail having coins to issue them, please do make the suggestion.

simple. decentralised mining.

So miner's would mine for free, send all mined coins to ???, and then traders would swap alt-x for coinsolidation. The miner's would then take the alts, send them to an exchange and put up a buy wall for coinsolidation. Without taking any profit? I'm a little confused.


Title: Re: [PRE-ANN] Coinsolidation
Post by: endlesslove on June 16, 2014, 12:47:27 PM
more details


Title: Re: [PRE-ANN] Coinsolidation
Post by: coinsolidation on June 17, 2014, 05:28:23 PM
more details will follow when we have established if there is any demand for this


Title: Re: [PRE-ANN] Coinsolidation
Post by: ScryptHasher on June 17, 2014, 05:31:30 PM
HE's mad because no one blindly handing him BTC in the first week of this obvious scam cash grab.


Title: Re: [removed] Coinsolidation
Post by: coinsolidation on June 19, 2014, 03:22:41 PM
This project will not go ahead.

We are working in numerous threads to crowd source and define a user focussed long term coin. After which point we will post a proposed specification.

discussion on how should coin developers be remunerated? (https://bitcointalk.org/index.php?topic=656720)
discussion on feature requirements (https://bitcointalk.org/index.php?topic=656240)
PoS/PoW  (https://bitcointalk.org/index.php?topic=656993.msg7396584#msg7396584)

Please join in the discussion.