Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Wheelys on March 21, 2015, 06:38:35 PM



Title: List of Alt Coins Backed By A Business
Post by: Wheelys on March 21, 2015, 06:38:35 PM
As the title implies, I'm looking to compile a list of alt coins that are backed by an actual business and are used for payment at said business.  I am aware of a few, but seems like a limited number that can be used for actual payment.

Example: If Starbucks rolled out a Starbucks coin they would accept in their brick and mortar stores and online purchases.


Title: Re: List of Alt Coins Backed By A Business
Post by: AltcoinInvestor on March 21, 2015, 11:32:19 PM
There's none.

If they say so then it's 99.99% is scam.


Title: Re: List of Alt Coins Backed By A Business
Post by: cosmoo on March 22, 2015, 04:03:50 AM
digitalcoin is backed by a user-run marketplace noobie.io


Title: Re: List of Alt Coins Backed By A Business
Post by: shanem on March 22, 2015, 04:08:38 AM
I know of a few like ambercoin and inkwaycoin but they are dead.
For example, you can look at inkwaycoin where the company claims to back the coin to ink but the company scammed from the ICO and the coin is delisted from bittrex. I have posted some information for everyone's reference.

http://inkwayusa.com/LKNX.pdf
https://bitcointalk.org/index.php?topic=797398.0


Title: Re: List of Alt Coins Backed By A Business
Post by: sofu on March 22, 2015, 12:07:30 PM
As the title implies, I'm looking to compile a list of alt coins that are backed by an actual business and are used for payment at said business.  I am aware of a few, but seems like a limited number that can be used for actual payment.

Example: If Starbucks rolled out a Starbucks coin they would accept in their brick and mortar stores and online purchases.

You mean coins like URO, Sync, Arch...? These coins are doing very well as long there are enough people out there who believe the "business" is real. 

Better tell it story coins  ;D


Title: Re: List of Alt Coins Backed By A Business
Post by: Wheelys on March 22, 2015, 03:52:47 PM
Thanks for the responses.  Seems like there aren't really any "company" coins, or at least not any successful, legitimate coins.


Title: Re: List of Alt Coins Backed By A Business
Post by: menlatin on March 22, 2015, 04:54:58 PM
Soon.


Title: Re: List of Alt Coins Backed By A Business
Post by: aurtur215 on March 22, 2015, 05:03:43 PM
You can buy things in a subway in Holland using guldencoin.


Title: Re: List of Alt Coins Backed By A Business
Post by: nextgencoin on March 22, 2015, 05:46:01 PM
Define company? If you think Snapchat or FB is a company then...

Some new coins are actually better described as tokens in a product that IF successful produce wealth two major examples I like are GetGems which is a messenger app that if they grow their user base then you basically own a percentage of its 'profit'. Closely linked with this company is Synero which hopes to do the same for a FB type platform.


Title: Re: List of Alt Coins Backed By A Business
Post by: Wheelys on March 22, 2015, 10:47:29 PM
Define company? If you think Snapchat or FB is a company then...

Some new coins are actually better described as tokens in a product that IF successful produce wealth two major examples I like are GetGems which is a messenger app that if they grow their user base then you basically own a percentage of its 'profit'. Closely linked with this company is Synero which hopes to do the same for a FB type platform.

You are 100% correct.  That term is very subjective, and so keeping it broad is probably better to get as many coins in that category as possible.  

I checked out the "tokens" you mentioned and they look very unique and promising.


Title: Re: List of Alt Coins Backed By A Business
Post by: bitwho on March 23, 2015, 12:22:35 AM
https://alcurex.org/images/slider/bg1.jpg

Microcoin backed by the rising exchange Alcurex @ https://alcurex.org/

%50 of the daily exchange profit shares are payed to share holders in BTC LTC and Microcoins dividends
Everything that trades in that exchange is shared with Alcurex Share holder. Even the fees of gold coins traded. Who eventually get microcoins exch pay out.

You can buy Silver coins with Microcoin @ https://alcurex.org/index.php/crypto/market?pair=genius_mrc2

There are market trades paired with microcoin as well


Registered Exchange in Finland.

Its the same dev that took over to help Microcoin. So public dev and promising exchange!


Title: Re: List of Alt Coins Backed By A Business
Post by: TheMage on March 23, 2015, 07:00:08 AM
Here you go!

https://litecoin.com/


Title: Re: List of Alt Coins Backed By A Business
Post by: doremi on March 23, 2015, 07:22:09 AM
here is an actual coin that you can use for spending :

www.gcoin.us

https://bitcointalk.org/index.php?topic=665858.0

https://bitcointalk.org/index.php?topic=966919.0


Title: Re: List of Alt Coins Backed By A Business
Post by: macsga on March 23, 2015, 08:32:18 AM
here is an actual coin that you can use for spending :

www.gcoin.us

https://bitcointalk.org/index.php?topic=665858.0

https://bitcointalk.org/index.php?topic=966919.0

I concur and confirm the legitimacy of the coin. Greg's a nice and helpful guy and I've recently purchased from their affiliate shop: www.worldofelectronics.ie a 3TB Seagate hard drive for 125M GCN. It's easy to get some via their android games or web app on the links provided on their site. Give it a try. It's the best there is for crypto->outside world.


Title: Re: List of Alt Coins Backed By A Business
Post by: Ducky1 on March 23, 2015, 10:15:15 AM
Startcoin - www.startjoin.com - will also be integrated into https://bnktothefuture.com (http://www.telegraph.co.uk/finance/businessclub/9474501/Richard-Branson-backs-Bank-to-the-Future.html)




Title: Re: List of Alt Coins Backed By A Business
Post by: dhimasnk on March 23, 2015, 01:02:49 PM
whether any altcoin supported by a business coin prices will go up? How do I know what a coin price will go up?


Title: Re: List of Alt Coins Backed By A Business
Post by: macsga on March 23, 2015, 03:03:09 PM
whether any altcoin supported by a business coin prices will go up? How do I know what a coin price will go up?

It depends on a lot of aspects. In no particular order:

1. The coin dev(s) are not in for the short profit
2. The company/ies that back up the altcoin is/are legitimate
3. There's enough circulation (ie: how many people hold it & use it)
4. There are no parallel forks
5. The pre-mining factor (the less, the better)
6. The coin's scarcity
7. The BTC/coin equity
8. The coin's popularity within the mass media.

Not many altcoins have them all. If you find one that does though, please let me know. I want in! :D


Title: Re: List of Alt Coins Backed By A Business
Post by: Ducky1 on March 23, 2015, 08:22:05 PM
whether any altcoin supported by a business coin prices will go up? How do I know what a coin price will go up?

It depends on a lot of aspects. In no particular order:

1. The coin dev(s) are not in for the short profit
2. The company/ies that back up the altcoin is/are legitimate
3. There's enough circulation (ie: how many people hold it & use it)
4. There are no parallel forks
5. The pre-mining factor (the less, the better)
6. The coin's scarcity
7. The BTC/coin equity
8. The coin's popularity within the mass media.

Not many altcoins have them all. If you find one that does though, please let me know. I want in! :D

Startcoin point by point:

1. Startcoin was developed as a part of the startjoin ecosystem, and thus is not made for short term profit, but rather as a tool for a purpose. Who the developer is/was is not even important.

2. Startjoin is certainly a legit company that you can buy stock in.

3. StartCoin is circulated and used more than most coins, and not hoarded to the same degree since its used to fund projects on startjoin. One example, https://www.startjoin.com/ggbradford2015 - a British politician was founded close to 20K$ mostly with startcoin.

4. There are no forks to my knowledge.

5. This may be the only point where you might think its not ideal. I think its better than ideal. Startcoin is 50% premined. The premine is used to pay interest on coins deposited at startjoin, and also to award pledges you do on startjoin. The karma score decides how many coins you get each week.

6. Startcoin is not very scarce, so it can still be had for a good price. Recirculating of coins through the pledge system means that there will always be coins to buy, and no artificially high price to pay.

7. Im not sure what you mean here, but the current market cap of about 500K $ can not be considered high given that close to 1/20 of the market cap can be involved in one single project.

8. Startcoin certainly has the best publicity potential of any coin besides bitcoin. It's used to fund politicians, it has two well known TV stars from RT leading the publicity campaign (you know who), it even has its own TV-shows https://www.youtube.com/watch?v=cANXmKwMWMc + https://www.youtube.com/watch?v=yczG8ksP0GQ


Title: Re: List of Alt Coins Backed By A Business
Post by: Este Nuno on March 23, 2015, 08:36:20 PM
People should be using digital tokens for businesses. Not creating fresh cryptocurrencies from nothing. It's quite silly for them to do so when there are already platforms like NXT and Counterparty which can be used for this exact purpose.


Title: Re: List of Alt Coins Backed By A Business
Post by: Wheelys on March 23, 2015, 08:40:16 PM
Some great responses.  The true value of any of these coins long term is in the ability to use them to purchase good and services.  

There are a few good suggestion.  Seems the number of coins used for this is pretty limited though.


Title: Re: List of Alt Coins Backed By A Business
Post by: anotherlateminer on March 23, 2015, 08:42:07 PM
UCIcoin claims to be "the first real asset backed cryptocurrency": https://bitcointalk.org/index.php?topic=971071.0


Title: Re: List of Alt Coins Backed By A Business
Post by: macsga on March 23, 2015, 09:22:27 PM
Startcoin point by point:

1. Startcoin was developed as a part of the startjoin ecosystem, and thus is not made for short term profit, but rather as a tool for a purpose. Who the developer is/was is not even important.

2. Startjoin is certainly a legit company that you can buy stock in.

3. StartCoin is circulated and used more than most coins, and not hoarded to the same degree since its used to fund projects on startjoin. One example, https://www.startjoin.com/ggbradford2015 - a British politician was founded close to 20K$ mostly with startcoin.

4. There are no forks to my knowledge.

5. This may be the only point where you might think its not ideal. I think its better than ideal. Startcoin is 50% premined. The premine is used to pay interest on coins deposited at startjoin, and also to award pledges you do on startjoin. The karma score decides how many coins you get each week.

6. Startcoin is not very scarce, so it can still be had for a good price. Recirculating of coins through the pledge system means that there will always be coins to buy, and no artificially high price to pay.

7. Im not sure what you mean here, but the current market cap of about 500K $ can not be considered high given that close to 1/20 of the market cap can be involved in one single project.

8. Startcoin certainly has the best publicity potential of any coin besides bitcoin. It's used to fund politicians, it has two well known TV stars from RT leading the publicity campaign (you know who), it even has its own TV-shows https://www.youtube.com/watch?v=cANXmKwMWMc + https://www.youtube.com/watch?v=yczG8ksP0GQ

1. I beg to differ. I like to know who's behind it for it makes me feel more "secure" and he has less possibilities of "run away with my money/btc".
8. Is there a connection with Max Keizer (from Max-Coin?). I heard he got involved on another coin and dumped the previous one.

Valid points on the rest.


Title: Re: List of Alt Coins Backed By A Business
Post by: Ducky1 on March 23, 2015, 09:45:13 PM
Startcoin point by point:

1. Startcoin was developed as a part of the startjoin ecosystem, and thus is not made for short term profit, but rather as a tool for a purpose. Who the developer is/was is not even important.

2. Startjoin is certainly a legit company that you can buy stock in.

3. StartCoin is circulated and used more than most coins, and not hoarded to the same degree since its used to fund projects on startjoin. One example, https://www.startjoin.com/ggbradford2015 - a British politician was founded close to 20K$ mostly with startcoin.

4. There are no forks to my knowledge.

5. This may be the only point where you might think its not ideal. I think its better than ideal. Startcoin is 50% premined. The premine is used to pay interest on coins deposited at startjoin, and also to award pledges you do on startjoin. The karma score decides how many coins you get each week.

6. Startcoin is not very scarce, so it can still be had for a good price. Recirculating of coins through the pledge system means that there will always be coins to buy, and no artificially high price to pay.

7. Im not sure what you mean here, but the current market cap of about 500K $ can not be considered high given that close to 1/20 of the market cap can be involved in one single project.

8. Startcoin certainly has the best publicity potential of any coin besides bitcoin. It's used to fund politicians, it has two well known TV stars from RT leading the publicity campaign (you know who), it even has its own TV-shows https://www.youtube.com/watch?v=cANXmKwMWMc + https://www.youtube.com/watch?v=yczG8ksP0GQ

1. I beg to differ. I like to know who's behind it for it makes me feel more "secure" and he has less possibilities of "run away with my money/btc".
8. Is there a connection with Max Keizer (from Max-Coin?). I heard he got involved on another coin and dumped the previous one.

Valid points on the rest.

1. You better get out of bitcoin then ;) Source should be here for all to see: https://github.com/startcoin-project/startcoin

8. Yes, Max Keiser is involved. But there is a slight difference between Maxcoin and Startcoin. Maxcoin was created with Max Keisers blessing and he helped promote it, but it was never his brain child. Startcoin was/is his (and his cooperators) creation from the beginning, and the developers did it on contract.


Title: Re: List of Alt Coins Backed By A Business
Post by: macsga on March 23, 2015, 09:54:49 PM
1. You better get out of bitcoin then ;) Source should be here for all to see: https://github.com/startcoin-project/startcoin

8. Yes, Max Keiser is involved. But there is a slight difference between Maxcoin and Startcoin. Maxcoin was created with Max Keisers blessing and he helped promote it, but it was never his brain child. Startcoin was/is his (and his cooperators) creation from the beginning, and the developers did it on contract.


1. Again valid point. But BTC was the first and will always have the biggest cap IMHO. Others will simply follow, besides there's no other way to enter an altcoin but bitcoin as intermediate. Besides, not knowing Satoshi didn't make him run away with our money... But then, maybe he did; who knows? Let aside the 99% of the altcoin devs out there. What's their incentive? GET MORE BTCs! Think about it. ;)

8. Well. This is something worth seeing. I'm involved on a couple of alts right now, but only with ''play money'' (ie: donations, ad campaigns and small mining). I got nothing to lose, and I bet there's more to win (ie: on XMR I doubled what I've initially invested atm). I got burned with DOGE (bought high, never sold - small loss though) and Maxcoin too (only though mining via the declining price).

 I'll look into Startcoin. Maybe there's something I didn't see yet. But then again, maybe MAXCOIN should teach me what not to do, before I get my filthy hands on it ;)


Title: Re: List of Alt Coins Backed By A Business
Post by: Ducky1 on March 23, 2015, 10:06:12 PM
I'll look into Startcoin. Maybe there's something I didn't see yet. But then again, maybe MAXCOIN should teach me what not to do, before I get my filthy hands on it ;)

Just get yourself an account on Startjoin and learn how it works. There are three sources of money on there, Paypal, Startcoin and Bitcoin. Paypal is a pain in the ass because of chargebacks and a general policy with great suspicion to everything involving crypto. Bitcoin works great except for one reason, it can not easily be refunded to backers if a project is not fully funded. Bitcoin is thus used only after 100% funding is reached. Startcoin on the other hand is built into the plattform and can easily be refunded.



Title: Re: List of Alt Coins Backed By A Business
Post by: Wheelys on March 24, 2015, 03:19:07 AM
Any other coins that are backed by a legitimate business?


Title: Re: List of Alt Coins Backed By A Business
Post by: Ducky1 on March 27, 2015, 09:56:18 AM
Just watch this video to get an idea of one of the uses of StartCOIN.

The ART & WAR Show - Episode 1

https://www.youtube.com/watch?v=ObdG0qqFw20

Also covered in The Mirror

Russell Brand opens up his new Trew Era Cafe with a smash
http://www.mirror.co.uk/usvsth3m/russell-brand-opens-up-new-5403561





Title: Re: List of Alt Coins Backed By A Business
Post by: solid12345 on March 27, 2015, 02:12:08 PM
Urocoin is supported by Green Earth Systems

http://greenearthsystems.com.au/commodities/green-earth-systems-fiji/
 (http://greenearthsystems.com.au/commodities/green-earth-systems-fiji/)

Here is their CEO Nilesh Nair with the prime minister of Fiji, Frank Bainimarama

http://greenearthsystems.com.au/wp-content/gallery/fiji/aust-big1.jpg

http://en.wikipedia.org/wiki/Prime_Minister_of_Fiji
 (http://en.wikipedia.org/wiki/Prime_Minister_of_Fiji)
Also Nilesh with Victor Miesel, chief economist for Cherry Bekaert, the 2nd largest CPA firm in the USA

https://pbs.twimg.com/media/B09WwLuCMAAzkr9.jpg

http://www.cbh.com/wp-content/uploads/2013/03/MieselV-180x180.jpg

http://www.cbh.com/about/our-professionals/victor-h-miesel/
 (http://www.cbh.com/about/our-professionals/victor-h-miesel/)

Also Nilesh with his brother-in-law Vijay Eswaran, chairman of Qnet.

https://pbs.twimg.com/media/Bz6Eyy0CUAABmgZ.jpg

http://en.wikipedia.org/wiki/Vijay_Eswaran
 (http://en.wikipedia.org/wiki/Vijay_Eswaran)
And here is Vijay with his Richard Branson, co-owners of a Formula 1 team.

http://static.wixstatic.com/media/a14639_fce62aab3c844de3bf6714bb2e6d4c1f.jpg_srz_720_549_85_22_0.50_1.20_0.00_jpg_srz

https://lh3.googleusercontent.com/-upAtdu9Qdno/VFrfCDsRYvI/AAAAAAAABGw/Gtnpdb-w0mQ/w426-h320/Nilesh%2BNair%2BGreen%2BEarth%2BTeam%2BDr%2BVinny%2BPillay.jpg


Title: Re: List of Alt Coins Backed By A Business
Post by: SecretsOfCrypto on March 27, 2015, 04:41:56 PM
I've got a good one for you! BitSEND company who made checkcoin, then ran away with everyone's ICO funds.

Being a company that backs a coin doesn't mean sh*t. They can still take all your money with no consequences. In fact it's easier for them to scam you.


Title: Re: List of Alt Coins Backed By A Business
Post by: Ducky1 on March 27, 2015, 09:09:18 PM
50 000$ worth of StartCOIN prypto cards to be handed out in a giveaway. Some celebrities to be involved?

https://www.startjoin.com/project_update_image/dd7e6f6264c041f5a454b39f024473d2.jpg

https://www.startjoin.com/project_update_image/d1d75a0141f92bcb1e9abcd31e9eca84.jpg


StartJOIN TV:

https://www.youtube.com/user/startjoinTV




Title: Re: List of Alt Coins Backed By A Business
Post by: BTCat on April 09, 2015, 12:05:10 PM
Look for Aten Black Gold Coin. Backed by NAC Foundation, just accepted into American Bankers Association.
They are creating a US$5 million per year market for it.