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Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: SMAC-Media on January 19, 2015, 08:20:33 PM



Title: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly Stability Fund
Post by: SMAC-Media on January 19, 2015, 08:20:33 PM

                                                                     UPDATED to ANN: https://bitcointalk.org/index.php?topic=952083.msg10423825#msg10423825


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: najzenmajsen on January 19, 2015, 08:20:54 PM
1


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: Shadow_Runner on January 19, 2015, 08:22:38 PM
Danm. Are you Andrej Korgun friends?   :-\

Edit: nevermind, mistake.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: najzenmajsen on January 19, 2015, 08:23:15 PM
Danm. Are you Andrej Korgun friends?   :-\
who is andrej korgun


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: Hoganye on January 19, 2015, 08:24:18 PM
should add mine phase?

oh and fix format. otherwise good.



Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: Shadow_Runner on January 19, 2015, 08:24:32 PM
who is andrej korgun

Nevermind.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: notsofast on January 19, 2015, 08:37:52 PM
No dev (OK, it's a pre-ann looking for a dev, I get it, but still, your concept and ties to the community should be strong enough that you should have an interested and competent dev before announcing to the world that you are releasing, until proven otherwise, Just Another Shitcoin)
Essential component seems to be crowdfunding social media botspam which is a) at best irritating to everyone except the people making money off it b) rapidly becoming a shrinking pie towards obsolescence

Pass.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: Shadow_Runner on January 19, 2015, 08:48:49 PM
Damn. 55 BTC lol.

I had idea to spread peace and want to pay some little BTC for promotion, guaranteed to return if we fail, what I did actually, but...

Here is no guarantee at all and 55 BTC. Nice.

I think every ICO/IPO or whatever from now needs a guarantee. Or at least sr/hero member well known account.
I think I did good example (not for my ego) and next devs must do the same.

Or it's another scam.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: najzenmajsen on January 19, 2015, 08:55:16 PM
should've gone with Smash instead  ::)


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: Hoganye on January 19, 2015, 09:46:05 PM
senior hero members sell cheap


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: boxxa on January 20, 2015, 02:20:20 PM
I will chime in and say you are looking at the wrong places for "no dev". This coin focuses on projects off the block chain. We are not peddling some random "new anon feature" or some other broken dream that has been posted on here a bunch of times. The block chain technology is as far as its going to get for 99% of coins out there so look at this as a asset token used for outside purposes with profit and revenue streams, not some pipe dream of a coin being the new Bitcoin.

With the different purpose, we are looking at a different sector of the market and investors than coins who are fighting over the BTC available on Bittrex for example. This is aimed at a high growth industry that has been on a uprise for years that continues to be defined. That is what we are focusing on and projects stemming from that, not smoke and mirrors with wallet features that don't have much real world use until the road map grows and develops that then requires these features to be built back into the coin and when that happens, we are more than capable of doing that.

Just putting business and energy into building a real product so don't let that small item fool you or mislead you.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: marcous on January 20, 2015, 02:32:19 PM
look good ?  :)


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: SockPuppetAccount on January 20, 2015, 02:44:09 PM
I see stability fund, marketplace, assets, a whole lotta blah blah blah, a buzzword filled roadmap, and a couple of kids who look like they sprouted their first pubes last week.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: MisO69 on January 20, 2015, 03:56:04 PM
I will be watching this one.

Looks like it could have potential, I also know Boxxa from the Pinkcoin threads. He did some nice work on their web wallet and some other stuff.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: boxxa on January 20, 2015, 05:51:28 PM
Stability fund will be in a public signed address to prove assets ready to buy back coins. Can be watched in the block chain for movement if anyone is skeptical.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: elite3000 on January 21, 2015, 02:48:37 AM
Keeping an eye on it


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: luckykitty on January 21, 2015, 02:51:03 AM
Sounds good, but isnt 500K total supply too little?


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: One Six on January 21, 2015, 02:55:12 AM
55 btc target... come on sheeps.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: elite3000 on January 21, 2015, 02:55:36 AM
Sounds good, but isnt 500K total supply too little?

low supply is good ;)


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: trade2winnn on January 21, 2015, 02:57:13 AM
watching.

-trade2winnn


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: CryptoTrout on January 21, 2015, 03:05:35 AM
lol

"SMAC Media will immediately use 80% (or more) of the crowdfunding to purchase large social media accounts. "

What type of 'large social media accounts' will you be buying and how are you going actually make a profit off of them?  The thing about those social media accounts, if the ads produce revenue, they are not going to sell them.  

"At the end of every month SMAC Media will use 15% of revenue to buy-back SMAC on the most liquid exchange."

What is 15% of zero?

This is a non-starter.  If any of you knew how to make a profit like this, you wouldn't need our money to buy the accounts, you would just do it silently yourselves and keep all the profit.



Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: chesthing on January 21, 2015, 03:12:52 AM
I see stability fund, marketplace, assets, a whole lotta blah blah blah, a buzzword filled roadmap, and a couple of kids who look like they sprouted their first pubes last week.


Are these high school yearbook photos?
Seriously, next time be anonymous, less is more around here.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: MichaelEvancoe on January 21, 2015, 03:19:48 AM
Essential component seems to be crowdfunding social media botspam which is a) at best irritating to everyone except the people making money off it b) rapidly becoming a shrinking pie towards obsolescence

Pass.

Thankyou for pointing out these errors, the Whitepaper will be updated accordingly.

Contrary to your belief, social media marketing is only increasing in size.  Companies worldwide are dedicating more of their marketing budgets every year to social media.  As the social media user base continues to grow, so does social media marketing.

To clarify, our crowdfund will not be used for "social media botspam."  It will be used to purchase accounts similar to @UberFacts @TweetLikeaGirl @MeninistTweet etc.  These accounts and others post content their followers are interested in, and occasionally post relevant ads to generate income.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly dividend Program
Post by: MichaelEvancoe on January 21, 2015, 03:28:12 AM
lol

"SMAC Media will immediately use 80% (or more) of the crowdfunding to purchase large social media accounts. "

What type of 'large social media accounts' will you be buying and how are you going actually make a profit off of them?  The thing about those social media accounts, if the ads produce revenue, they are not going to sell them.  

"At the end of every month SMAC Media will use 15% of revenue to buy-back SMAC on the most liquid exchange."

What is 15% of zero?

This is a non-starter.  If any of you knew how to make a profit like this, you wouldn't need our money to buy the accounts, you would just do it silently yourselves and keep all the profit.



Accounts bought using crowdfund will be similar to @UberFacts, TweetLikeaGirl, etc. 

These accounts are not cheap, oftentimes $3k+ per 100k followers.  Accounts such as TweetLikeaGirl are worth $250k+.  An account as big as UberFacts is worth over $1mm.

After account/s purchase, SMAC Media will both grow these initial accounts in addition to promoting new accounts.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly Stability Fund
Post by: boxxa on January 21, 2015, 02:11:27 PM
It is an investment coin. There is going to be uses for it but the goal is to avoid the super inflation of coins and seeing TIP 2000000000 coins = $0.000002

Development is focused on expanding and adding to the current social reach of accounts and marketing by building on them with new technologies than their typical methods. Lot more than just buying accounts for the followers remember.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly Stability Fund
Post by: trade2winnn on January 21, 2015, 06:46:22 PM
Basically this is another ReddCoin?

 ::)


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly Stability Fund
Post by: boxxa on January 21, 2015, 08:54:07 PM
Basically this is another ReddCoin?

 ::)

Correct me if I am wrong but wasn't Redd supposed to be a social coin such as DOGE? This project is social media advertising.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly Stability Fund
Post by: MichaelEvancoe on January 23, 2015, 08:02:57 AM
Basically this is another ReddCoin?

 ::)

While ReddCoin is focused on being a "social" coin, SMAC is specifically made for payments in the social media advertising world which are currently made through PayPal.  PayPal, while being a convenient service, has too many ways for people to scam others.  By nature, a crypto currency is much better suited to provide secure and safe payments.


Title: Re: [PRE-ANN][SMAC]- Social Media Coin|500k total supply|Monthly Stability Fund
Post by: kiwifruit8 on January 23, 2015, 08:05:34 AM
another Scrypt crap  ;D