Print Page - [ANN] CricCoin [CRIC] - Valuable Projects|X11|POS| Bounties * IPO Ongoing

CricCoin IPCO (Initial Public Coin Offering) has started

IPCO will end by 10/09/2014 00:00:00 GMT
IPCO is limited to 100 BTC in total

MIN. Investment - 0.1 BTC
MAX. Investment - 3 BTC

CricCoin

Security, Simplicity, Portability, Adoption and the Incentive to spend

Website coming soon.....
Follow us on Twitter
https://twitter.com/criccoin

WALLETS

Coming Soon.......

LOGO Contest

Please submit your logo before 17/08/2014 00:00:00 GMT and winner will get 15.000 CRIC

CricCoin SPECIFICATIONS:

>> THIS IS A POS (Proof-Of-Stake) COIN! <<
>> 100% PREMINE - 99% IPCO <<

Total Coins: 10.000.000 (10 Million)
Algo.: X11
Confirmations: 6
Block Time: 60 Seconds
Diff. Retarget: Every Block
POS Interest first 10 years: 3.5 %
POS Interest after 10 years: 1%
MIN Stake time: 24 Hours
MAX Stake time: 30 Days
POS Maturity: 90 Confirmations

We are dedicated to build a large variety of projects and services dedicated for CricCoin, thus creating an incentive to use and stake CricCoin on a long term;
Only by having a use, this can succeed in a long-term adoption by various business on a larger scale;

CricCoin Frequently Asked Questions (FAQ):

Q. What is CricCoin?
A. CricCoin is a digital currency (obviously), that is going to be implemented from the start in various online projects and businesses, and that is going to be supported by those on the long term;

Q. Who are you? Is there a team behind this coin?
A. We are a team formed of 5 ppl for the moment. We recently bought a nice project from two young students, and we made them an offer to work for us. They are very talented and friendly. If they accept our offer, our team will consist of 12 members;

Q. I never heard of you. Why are you annonimous?
A. True, you never heard of me, and I'm a noob on bitcointalk forum. My name is Kamrul Hasan, and I'm the head of the team. We are not going to post some pictures of "us" on the website, showing how legit we are just to give some irelevant hype, but you are going to hear more about us after we establish the base of our business;

Q. What is new to this coin? Why should I care about it?
A. From a marketing/business perspective, we are dedicated to bring a lot of development on the table. We are a young and devoted team, dedicated to support the coin and the projects that we are developing for this coin;

Q. Why not an anonymous coin/NXT clone/fresh code or other trend type coin?
A. Building a coin bloated only with tech-savvy features is not enough, the real question is how many people will use that coin and for what reason? We want to build a coin which is secure, stable, easy to use, which is going to be used for as many as possible business, online and offline. We hope to develop and support a coin which can be used even by your granny to buy her next audio book online;

IPCO (Initial Public Coin Offering) Frequently Asked Questions (FAQ):

Q. What is IPCO?
A. IPCO is the same thing as IPO (Initial Public Offering), or a Presale, where early investors have the chance to invest in our coin;

Q. Why this model of distribution?
A. Distributing the coins to a group of investors, who paid an X amount of value (BTC in this case which is the most stable crypto currency at the moment), will establish a base value to the market which is more stable compared to a market rulled by some huge farms who can mine tons of coins for a very little energy consumption. Giving the fact that we are trying to develop a serious business based on this coin, we cannot risk to have a market where one individual have the power to manipulate it on a large scale;

Q. How many coins are sold?
A. The total number of the coins is 10.000.000. We are selling 99% to investors, and we are offering 1% as a bounty for different services developed by the community. Check our bounty list for available/claimed bounties;

Q. Will I receive my coins now if I invest?
A. No, giving the fact that our coin/wallet is launched, we cannot control if an exchange decides to list our coin to be available fo trading. Only the Bounty Fund (1%) will be delivered as soon as the service is offered;

Q. What is IPCO Distribution formula? How many coin will I receive for my investment?
A. (9.900.000 / Total BTC Invested ) * Your BTC investment . e.g. If the total IPCO is 100 BTC, and you invested 1.3 BTC, (9.900.000 / 100) * 1.3 = 128.700 CRIC . You will receive 128.700 CRIC;

Q. Why are you not offering an Escrow? Why should I trust you?
A. The question is why should you trust us even by doing the investment through an Escrow? The Escrow will still deliver the investments after the coins have been distributed. Using an Escrow it's pointless at this stage. The wallet is there, it's working and we have delivered some bounties to different people. In conclusion, using an Escrow it's going to be just a waste of fees and a lot of stress and distraction for us, giving the fact that we can't trust any Escrow enough;

Q. What is the MIN and MAX investment / individual?
A. The MIN investment is 0.1 BTC and the MAX investment is 3 BTC;

Q. What are the investments used for?
A. The investment will be held into a public address and will be used 100% for the development of our planned Projects.

INVESTMENT BTC ADDRESS: 15u9c7LzHRykzJiAUL4chNUDQGG7yDWoTx
IPCO Start Date: 10/08/2014
IPCO End Date: 10/09/2014
IPCO Total Limit: 100 BTC

MIN Investment Limit: 0.1 BTC
MAX Investment Limit: 3 BTC

Step 1. Send your investment to the BTC address: 15u9c7LzHRykzJiAUL4chNUDQGG7yDWoTx;
Step 2. Send a Private Message on Bitcointalk.org forum to kamrulhasan001 or cricdevteam@gmail.com with your BTC TX ID;
Step 3. A signed message with the BTC address from which you sent the investment will be required to confirm the investment;
Step 4. Download CrickCoin wallet and send a Private Message on Bitcointalk.org forum to kamrulhasan001 or cricdevteam@gmail.com with your CricCoin Address;

NOTES!
*** PLEASE DON'T SEND ANY MORE INVESTMENTS AFTER 11/09/2014 00:00:00 GMT;
*** CHECK THE PUBLIC LEDGER BEFORE SENDING YOUR INVESTMENT TO SEE IF THE 100 BTC LIMIT IS ACHIEVED;
*** PLEASE SEND INVESTMENTS ONLY FROM A WALLET WHICH CAN SIGN MESSAGE FOR CONFIRMATIONS (Bitcoin-Qt, Armory, etc);
*** DON'T SEND YOUR INVESTMENT FROM AN EXCHANGE WALLET;

IPCO Distribution Formula

TOTAL COINS: 10.000.000 CRIC
COINS DISTRIBUTED TO INVESTORS: 99% - 9.900.000 CRIC
BOUNTIES FUND: 1% - 100.000 CRIC

DISTRIBUTION FORMULA: (9.900.000 / TIB) * YIB = YCRIC

TIB = TOTAL INVESTED BTC
YIB = YOUR INVESTED BTC
YCRIC = CRICCOIN TO RECEIVE FOR YOUR INVESTMENT

If you invested 2.5 BTC and the total investment is 100 BTC --- (9.900.000 / 100) * 2.5 = 247.500 CRIC
You should receive 247.500 CRIC

Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: kamrulhasan001 on August 10, 2014, 08:36:20 AM