Bitcoin Forum

New coin NoLimitCoin (NLC2) will launch on 9/7

ty

Exchanges:


Yobit.net (http://Yobit.net)

FOLLOW THIS LINK TO OUR RECENT ANN of NLC2

https://bitcointalk.org/index.php?topic=1606674.0 (https://bitcointalk.org/index.php?topic=1606674.0)

http://www.rgpatents.info/NoLimitCoin/logos/coinlr.jpg

Video

https://youtu.be/FMWp5-X-4xA (https://youtu.be/FMWp5-X-4xA)



www.nolimitcoin.org

LMAO, you ICO scammers now are scamming people without any product, bad, retarded now, and fucking expensive price.

That is the key here, we do have a product with large investment and backing behind it and large audience already. www.nlfantasysports.com (http://www.nlfantasysports.com) In this case, we are launching a coin with a place it can be used and will be sold to players as well as the Crypto Industry. So no scam here. Please visit www.nlfantasysports.com (http://www.nlfantasysports.com) and register and you will see our platform. Thanks for the post, as I will not mind these kinds of posts since I understand scamcoins are everywhere, but this coin is tied to a realworld application that is already in the market. Im sure you have heard of Draft Kings and Fan Duel? We have a competing platform and will be the first to play fantasy with Crypto. We will have a crypto only Fantasy site called CryptoFantasySports.com . So real world app here! I invite you and all to look at the platform.

ok another day another ICO coin launched. anyway i will watch this thread and lets see if this will be one of hundreds ICO coin that becomes shit or this will be a successful one

The price is based on the price that the coin will sell at inside the Fantasy game, .002. ICO gets to buy at .001 and price will be .004 in Dec, a 4X on your ICO price. You can cash out any time during the season or after.  So its guaranteed to go 4X even before it hits the exchanges and floats. So you can buy during the ICO and cash out in Dec with a 4X profit. Then when we hit the exchanges, the market will set the price, but there will be strong price barriers from the proceeds of the sales. When we list the ICO numbers it will reflect the value at cost of money already invested into the platform, so no multiples are being put on the ICO prices. Also most premine will go to selling and none of the premine will stake if goes unsold. Its a combo coin that takes BTC/PPCoin and creates a Hybrid such as some out there like Emercoin, MaidSafe and NEM that combine POS and POW. MaidSafe had a big ICO and we think we should also as the structure is all tied to the fantasy game. En existing asset now the central part and asset of this coin project.

Prise is so ehpensive.

reason for this price is initial price at the fantasy platform is .002 and we will raise the price every month till it reaches .004 in Dec. Price will then be defended when coin hits the exchanges and the bigger the ICO sale, the more money will stand behind the coin as 80% will go to the stabilization fund. Investors have also pledged cash that will go toward that fund. Any unsold premine will stay in cold storage and it will not be part of the circulation or stake blocks. This means that any coin in circulation had a cost already. ICO price is .001, or half of the price when the fantasy season starts and 1/4 the price when it ends. You will be able to cash out via the game any time and not have to wait for the exchanges, so if you buy at .001 you can cash out with a guaranteed 4X return in Dec. Now once the coin is free, it can do alot of things, but we will use our funds to maintain a price floor of the .004

Prices at the start of the Fantasy Sports season will be 500 coin per dollar in September
prices in Dec will be listed at 250 units per dollar and that is the number we will defend or .004 with the stabilization fund as well as the pledged fund on top of the ríase.  

Statistics for the game itself will be released every month and it is our goal for this coin to be adopted by the fantasy sports industry, as well as any other that wants a coin that lives to perpetuity with 3% POS and 1.5% destined to mining. So only 4.5% of new coin will be produced every year and most of the premine will be sold for cash and if its not sold it stays in cold storage and cant stake for POS.

I dont see any selling points about this coin.

The selling point is that it will have its own market without the needs for a speculation market. This means fantasy sports players will need to purchase the coin to play for large pools of the coin and thus making the coin very relevant. This is the big complaint out there. What is that coin or this coin for? In our case we will have guaranteed demand and through this process the fantasy players will be exposed to the coin and we hope many will decide to sit on them rather than cash them out. Of course they can cash them out and if you buy through the game and hold till the end of the season, you double your money, even if you dont play. We will cash out coin at .004 during all of December. So if you buy at the ICO price of .001 or at the start of the NFL season, at .002 you either can double or quadruple your purchase. Once the coin goes live on the exchanges, then it could spike, and it could fall, but for the fall, we will put up most of the ICO money raised as a barrier of price. 80% will be used for the fund and 20% will go towards development of all the other sports everyone wants, like Soccer and the other USA sports. Even cricket is on the list of sports do to. So you are essentially funding a fantasy sports venture through the coin. 80% of the money raised will be used to back the coin itself and 20% for software development of new games. I think it has great merits as it already has an important use, and that is to play the very popular Daily Fantasy Sports, and now you can play with any Crypto as we will take BTC, ETH, GC and NLC. The fantasy website will also take dollars but once people understand the potential of a newly minted coin that is launched with real world fundamentals and will mimic  the traditional growth patterns of the economies over hundreds of years and that is a 3% stake + 1.5 % mining growth. So this coin does not squeeze the coin to be produced in the future, so the appreciation will come from the success of the online fantasy games as well as demand for the coin. The fantasy game itself has a profit margin built into the contests, regardless of the currency of 10%-15% so this is what the fantasy platform operates on and will not rely on the proceeds of the sale of coins. For new development yes, but we have in-house software development as well as a full team in India that allows us to produce great software without massive outlays.

The launch of the fantasy platform is non dependent on a successful ICO. Even if we dont sell a single coin via the ICO, the fantasy platform will launch. If a small amount of coin are in circulation, defending the price will be easy as we have a BTC30 fund for this. We must all realize we are up against Fan Duel and Draft Kings, so in order to compete, we need to bring innovation and this is it. No other fantasy platform in the USA takes BTC or any crypto and we will take 4. BTC, ETH, GC and NLC. We will run contests in any of the coin and people dont have to trade one for the other, yet that is what we hope for, but if they want to play in ETH, we will have contests that you enter with ETH and get paid ETH, and of course the fantasy platform takes its 10% cut, just like any other fantasy site. So now you get to play fantasy sports and at the same time speculate on Digital Money, both the incumbents and some new ones. Not a bad choice. We will be offering an API that will serve as a merchant API, and for any coin which offers a simple way to verify a transaction in any currency to the website using coin to pay for services. We plan a .1% fee for this in the future, but at first, the API will be free, thus offering a merchant solution to the coin out of the gate. Both for us as fantasy operators as well as any other merchant that want to take our coin or even BTC. API will be described in our websites.

votexcoin also had some platforms like yours, Google voice founder made that platform, and their ico price was also expensive, 0.001btc per coin, but still cheaper than you.

However, now the price is 0.00007, so it is 1/14 of ico price now. This kind of fixed rate ico must vanish. It is unfair.

Here is my linkedin

https://www.linkedin.com/in/rafaelgroswirt

Here is my patents page.

http://www.rgpatents.info/

I am a telecom guy but also mined with Cointerras as we all did one way or another.

I will soon put up videos and we will be as open and as public as possible. If you own 1 coin in this coin, you have a voice inside No Limit Fantasy Sports, LLC

If you play fantasy, buy some on the PRE IPO and play at half price.

Right before we go public on Playoff day, January 7, so in essence PRE ICO is now to the start of the season. Then ICO is the whole NFL season as it wont trade on exchanges and all we will do it accumulate cash. Then we spread it to Bitcoin and Dollars and probably ETH we use to set up real trade barriers. Now we expect and hope for price increase and we wont defend prices as they go up, the found wil defend at the save rate increase as the coin supply for a projected yearly appreciation minimum of 5%. So if we can grow at 5% x year and spend 5% on cost (staking and mining). We know people will want to cash and test the.

Premine will not affect the total numbers as founding block will not stake till we go public and unsold coin does not stake unless it has been sold. So if from the 100 Million first block we sell 1 million at .001 that = $1000 dlls cost. if nobody else purchased, those are the only ones that would be able to take into the launch of January 7, play-off day. Management premine will be explained in detail and you will see it represents the initial cash investment at no multiple, meaning at cost, so we are trading No Limit Fantasy Sports into this coin as the core and moving the value realization to the coin as it can project an asset 20 times. That is our number in terms of network stabilization fund. Whatever cash we have backing the coin, can be multiplied by 20 or the cash is a 5% margin on that multiple. $1M in cash should give us 10-20 M in capitalization. This is the foundation at work. we are also developing a deep cold vault storage wallet for long term perpetuality of something like this as it has no limit. It can go 1000 years unlike the pure BTC models that cant sustain on transactions alone, specially with the onset of EtH, suddenly its a new world. We will accept ETH inside the game so that means all that buying power comes to No Limit Fantasy Sports and sees NLC and we pitch NLC hard on the site and we now have the ETH buying power. The API we are wrtting in house is the most simple thing I have ever done and it seems to be the perfect "starter" way to take many coins with no hassle.  

I will introduce our backers from Mexico and show you some of their, our shall I put it "our" properties. The hotel now takes BTC and will soon take NLC also.

We will be in the all the major languages.

Joe, what is a translation bounties dev please?

 

Algo?

tomorrow we will do a details page and go deeper into the premine. ty

 prices are in dollars that I quoted. $1000 Dlls x 1 M coin .001 price or 1000 coin per dollar.

All discussed prices have been in US Dollars. .001 of $1, so 1 million coin for $1000 dlls. 1000 coin per dolar.

Now I see how it looked crazy at BTC prices and I did not specify it was Dollars.

BTC price would be 0.00000167

167 Satoshis.
 

without any bounty? ???

good luck to you

By virtue of the price doubling on day 1, that is the best bounty so a bounty on top of doubling your value seems excessive, but asking never made anyone poor. If the value was up to the markets or we did not ratchet the price up as we are doing from .001 to .004 USD, I see that as important, but under our plan stakeholders can realize value, so here we are offering a guaranteed doubling on day 1 that you can cash out any day you want via our website in BTC or you can wait for that $1000 to become $4000 January 1. We are of course hopping that the balance of all of those operations does not have everyone cash in their coin at once. If we are successful with the ICO and the fantasy season, then there will be a % of people that wont want to "take profits" and let it ride. So if we do a good job up and down, then the market will hopefully push us up from the press and activity we have generated for the whole NFL season as well the cash reserves.

Won't work.

As long as you can bet with fiat money, no one will jump through the extra hoop of buying a cryptocurrency they barely understand.

But, to be honest, I stopped reading at "we'll put up buy wally with the ICO money" or something.

Bad idea, bad execution.

My experience is that when people see it easy to buy into cryptocoin they fall in love with it. When they see on our site how BTC exploded and other coins can, I think people will buy in and we will make exchange on the site easy. If people play with dollars on our site, we still make money, so we are happy to offer the clients to play in any currency. In term of wall, that only applies to a specific formula on the down side. But I see the transparency and strategy as a positive for the coin, to declare the use of proceeds and in our case most of the cash goes right into the coin. By declaring the cash from the IPO goes to that fund, we remove the fear the coin can drop 90% overnight. Where else do we want the cash that is put in than to back the coin. We will use it so people can cash out if there is heavy purchase volume. This at least the first years, but once the coin matures then there is no force to move it, but the actual market and liquidity, but in the initial days and months, we must provide liquidity and credibility that the coin wont go off a cliff overnight. The way we will figure out the price targets will be a calculation based on the 3% POS interest by coin age and expected price. But at some point in the future, the coin will have to sustain itself. So this is just at first where volume may not be there and we want to provide liquidity to fantasy players as well as coin investors.  

Algo is SHA 256 d.

Block size 2 MB
Block duration 2 Minutes

Preparing materials and websites will be ready in a few days.

nailing down the numbers with intense discussions with the coding team and also my own struggle between deflationary and inflationary. With POS, comes inflationary as Emercoin has and NEM, we are starting the cycle at 1.5% of circulation for POW and 2% to POS, a total of 3.5% new coin produced year one. The ratio is 1.5:2 or 25% in favor of the stake, seems logical as capital is king and computers, are good, but capital is king, computers are the commodity. Now in order to incorporate deflationary pressures on the total units produced, POW drops by 10% per year or halved every 8 years. POS is fixed but POW is not, what happens is in 25 years the ratio of coin produced will be

Year 1 x month
2,366,667 POS
1,775,000 POW

ratio 1.3:1 POS

Year 10 x month
3,010,134
687,671

4.38 to 1

year 20 x month
3,706,718
239,776

15.51:1

This happens because POS is a flat 2% and POW drops 10% per year or halves every 8 years

See how the POS to POW ration explodes to more than 10:1 VS less than 2:1 year 1. So we do achieve this effect through the reduction of coin to miners. This means we prize the stake more than the work and it seems to get out of balance yet the model calls for a flat rate. We lowered to 2% and it seem to do a magic curve. When we plug in 2% for POS you have net loss of coin gain, meaning new coin production amount drops slightly every year for 10 years and then starts on the inflationary mode. First 10 years are deflationary and then it goes inflationary. The issue is that even with 2% and dropping POW reward 10% after 20 years the monster portion of benefit goes to the holders and leaves mining at high ratio. We want those wallets open and staking and allowing the chain to advance. POW model that deflates by 10% x year. We will leave 2% on POS and I will post the spreadsheets for comments later. Wallet will have 2FA and all languages. ICO site in the works as our teams are at full throttle now. ICO sales wont affect any part of the Fantasy launch, except if we do well on the ICO we can expand the reach of the fantasy games with more advertising etc. Some may know many states have banned DFS for money and we have seen this as a door opening and we will deploy NOCOSTFANTASYSPORTS.COM . We will give away real prizes and use advertising to generate some revenue to cover those markets, but we will also give away coin as prizes with large 100,000 or even 1 Million coin pools. Ratio of entries in free pools is much higher than when you pay to play to get the views to pay for the contests. We are also going with CRYPTOFANTASYSPORTS.COM RESERVED! H5!  This is the international cleanest of the clean versions. Pure crypto for payments. We are writing what is essence is our own verification system API in any coin that will be taken: BTC, ETH, GC, NLC, 4 coins with our sights on getting people to buy some of our coin with any of the mentioned or dollars. You just enter your TXID for the coin sent and we credit your account when we verify, but it goes to a person for final approval. The human portion can get automated but we wont at first but we can lift the cap over time on the ones an admin manually needs to check a box to some low number and slowly increase over time. Soccer, and the other big sports are waiting in the wings for us as the key to the growth in the coin will be expansion of user base through the real world application, online fantasy sports. Once we add the new sports then your demand for coin increases. With this model we are forced to improve on the 3.5% new coin creation to expand the capitalization base. This means we need to grow our fantasy player base faster than to that to achieve capitalization gains. Certainly the whole point is to bring in a large base of investors through this method of participating in a venture. There will be an affiliate program on the fantasy site and we will pay 20% of our net to affiliates for downline registration.

Thanks

Rafael Groswirt
Founder
No Limit Fantasy Sports,
www.nlfantasysports.com
No Limit Coin (NLC)

Your coin price is too high or so expensive... Don't you have a plan to implement a signature campaign or translation for bounty? How about the wallet? ???

price is 167 satoshi or .001 DLLS. Yes all of the above. Wallet with explorer in 90 languages 2 weeks away. ICO site also and I just rejected 4 logos. The reason this is so sudden was that we where supposed to do a deal with a coin that would provide a large base to use in our fantasy game. But that deal feel through as the foundation did not have the reserves for this. So We decided the path was our own coin. But its been a long time in terms of the discussions of what parameters to implement.

Here are the rejected logos, need to look good small and we had given a specific design, but he provided these. Nice, but not what we had discussed.

https://www.dropbox.com/sh/fpc7ldhai19pboz/AAAZ4EXqxWkVeHBla5sAqhMba?dl=0

In terms of price, if you take the full premine and multiply by the ICO price it properly reflects the value of the Fantasy Sports platform, and any premine not sold, remains out of circulation. It does not stake until it is sold. Also fantasy sports website will sell at these prices, so if you want to play fantasy with No Limit Coin you can buy at .002 dollars per unit in September. In Dec it will be .004. ICO price .001 You get a 4X before we hit the exchanges on January 7, play off day. That is when we see if .004 can hold, but 80% of the proceeds for the coin sale via fantasy and after the ICO will go to the stabilization fund of the coin and 20% to software development in the fantasy game and our derivative solutions we develop in-house for NLC.

ty

rg

Here is a spreadsheet with a 25 year run with a 1% POS and a 2% POS. This model would work when the miners dropping amount can keep them afloat, through value appreciation of the coin, yet the ratio of POS to POW in 20 years is 15:1 If we lower the POS to 1% it looks different.

Here are 2 spreadsheets,

https://www.dropbox.com/sh/fopp9959fm2l72n/AAA5VD2tafAbR7M4nTug0diRa?dl=0

Feel free to comment or FHYP (and buy in)

rg

At 25 BTC per block that = 8.6% increase in supply for BTC x year. We will be lower than that. Now with BTC at 4.5% increase for the next 2 years this will be similar to our production but we are at 3.5% less than Bitcoin. So we are taking a conservative approach of low new coin into the system yet with the POS at 2% we can still pay to stake and compounding effect is impressive over the years even at 2%. We are going with 2%, but does anyone want to make a case for 1% on POS? It becomes even less coin into the system creating scarcity and price appreciation if the coin has real world demand on top of the speculative side.

Final logos. I like them.

https://www.dropbox.com/sh/vgzh9rnv61rcsk7/AACzvnVHPyZhTQANqNt1UJzga?dl=0

Another ICO, please create a nice ANN before you launch your topic.

This is your "store" and here you introduce your product.

Yes, this is just pre ANN, but all in the works with a very clear ANN. ty

Tested the wallet and explorer today perfectly. Logs and information is easy to get to. Great wallet.

Blocks are 2 MB
Blocks are 2 minutes
2% POS reward
82.175 units per block POW reward for year 1, then drops 10% each year for 8 years and halves. Then we lock it there. So it has a ramp, not unlike Bitcoin, but much more aggressive in terms of % of new coin to total. We adjust the sudden halving of the reward to make it less of a hit to miners and provide the same effect of halving, gradually and over more time and only once.


720 blocks x day = 59,166 x day

21,595,590 x year

The rate of growth for Bitcoin at 25 reward rate was 8% of the total base. Now at 12.5 its 4%. At 50 coins it was 16%, and we are starting at 3.5% and dropping to 2.75 in 10 years. So our rate of growth out of the gate is much tighter than Bitcoin.

The fact there is a 2% POS and POW starts at 1.5% but drops to .75% puts the new coin at 2.75 x year. Theoretically development economies grow at a faster pace than 2.75% which can serve as the long term pressure point for coin usage expansion beyond that 2.75%, at that point we are guaranteed price appreciation. Once we incorporate the coin into No Limit Fantasy Sports this year  www.nlfantasysports.com (http://www.nlfantasysports.com) , it will be only natural but one of both of the big fantasy players like Draft Kings or Fan Duel and many other mid tier operators will adopt No Limit Coin as we are already developing the needed APIs that we will need and then those can be used by other merchants. First in the fantasy and online gaming, and then other parts of the economy.

We are already in discussions with a number of online gaming operations and will continue to knock on those doors aggressively to have them incorporate NLC and along with that comes a prize in coin. That will seal the deals.

ICO website will be up in less than a week with all the details including wallet download and mining start.

Listing on exchanges will be a priority and the liquidity fund will be in place at the exchanges to open the market. 50% of ICO will go to the fund and 50% to development of No Limit Fantasy Sports new sports like Soccer and the other sports in the USA. This will also increase demand through the year. After ICO period, 80% of proceeds of coin sales after the season starts will go back to the liquidity fund. We are going to keep 3 accounts with equally balanced liquidity fund at 1/3 BTC, 1/3 Ether 1/3 Dollar. This way the market can determine the value of the coin and consider we are hedged 3 ways.

Here is our FB page with our logos and parts of the ICO graphics.
https://www.facebook.com/nolimitcoin/?ref=aymt_homepage_panel (https://www.facebook.com/nolimitcoin/?ref=aymt_homepage_panel)
Twitter
https://twitter.com/NoLimitCoin (https://twitter.com/NoLimitCoin)

Thanks

Rafael Groswirt
CEO
www.nlfantasysports.com
Founder
NLC

any bounty ?

Shit ANN for a shitcoin, fit together.

This is poorly managed ICO and the OP isn't that complete either. i doubt this will go funded really.
The coin's name seem like its not even well thought and most likely just a pure attemp to acquire bitcoin from dumb investors. nothing else so be at your own risk.

Hi there.

Thanks for the post, even if its one of skepticism.

You have to know the whole story of the coin as well as see the launch ANN that will go out next week.

The coin has been developed to power a fantasy sports platform called No Limit Fantasy Sports, thus No Limit Coin

Players will use NLC to play fantasy in a version of the fantasy platform called Crypto Fantasy Sports.

The coin demand will be by the players themselves and not by speculators. So our target is not the ICO phase, but the actual purchasers during the season to play fantasy sports. 100BTC are on deposit to create a buy market and most of the proceeds, 80% will stay in a 3 way fund. Dollars, BTC and ETH. 20% of the fund will go to further development of the Fantasy Sports games.

You may be right about the ICO, as this coin was never planned for getting pre funded at the ICO phase, and was born because we negotiated for months with another coin to use them for our game but they wher enot able to provide the large scale coin needs we had for the fantasy sports platform, so we decided to develop this coin and power our game.

The ICO and yes even the ANN, is something that we are doing, but wont affect the launch of the platform www.nolimitfantasysports.com where coin will be sold at .002 per unit and there will be 100 BTC to start for people wanting to cash out. As more coin is sold, that money goes to the cash out fund.

ICO pricing will be 50% less than what we will sell and cash out at the game. ICO will sell at .001 and the coin will be sold at the game for .002, so anyone buying at the ICO can double their value in a matter of weeks.

I welcome any type of comment and am glad to try to respond. The key element here is that there is a real world application that will need and use this coin, and we are not just about speculators and some grand future, we have a platform now that will need hundreds of million of coin this season and we have them for our clients. If anyone wants to dabble in the ICO, I think its a great bet. We are no scam. We are located in the USA, have a CA corporation in good standing, No Limit Fantasy Sports, LLC and the coin does not depend at all on ICO money. So if you dont want to buy into the ICO, that is OK, you can get coin by playing fantasy sports! 10,000 coin just to register, The 1 Million weekly contest and many others. I do challenge people to show me coin launches where there was an immediate market and use for the coin, other than speculation, and you wont find many, so we are very confident in the whole concept where we now combine the fantasy games and the coin. The great experiment will be to expose all the fantasy players to crypto coin and educate them about it. I just signed an ad buy with Rotowire and Google, so tens of thousands of dollars are being invested in ads for the Fantasy Game (not the ICO). So tell me specifically what does not make perfect sense about this coin? All of the premine will be in circulation in a matter of months and 80% of those proceeds will go back to the liquidity fund to back the coin. Soccer and the rest of the sports will be developed and that will create further demand for the coin.

I wll be sharing some of the ads we have, one fo them reads 100 MILLION COIN AVAILABLE, 10,000 free coin just to sign up. We studied many of the coins and many of the ICOs and felt we designed a great chain. So, of you dont like what we are doing, no problem, but scam its not. I have been in business for 30 years with many successful exits for my investors. So if you join me, you will be taking a real shot at success, and nobody will be scamming nothing, meaning we are a real entity doing what we are saying we will so as the Fantasy platform has taken 2 years and is done and tested and ready for this year. Crypto Coin is very nice as the only way for it to work is if it works for everyone, as in the tide rises all boats. So if you are skeptical of the ICO, no problem, wait for the game to open but ICO prices will not be there and we are targeting .004 at the end of the season, as that will be the price we will sell at, and we wont limit the upper side of the price, but we will put a floor in for the prices I have listed. So anyone buying at the ICO will quadruple their money by the end of this NFL season. Now the market could take it even higher, we dont know and we dont really plan or care. We just want coin for our players and our game and we will do everything to make it a totally transparent  coin and foundation. So give me specifics of what you dont like and I will be happy to try to answer.

Have a great weekend all and get ready for some Football! (soon).On the name of the coin, I have gotten good reviews, but it is linked to our fantasy platform and it comes from my long love for Poker and No Limit Texas Holdem.

Rafael Groswirt
CEO
No Limit Fantasy Sports, LLC
www.nlfantasysports.com

Founder
No Limit Coin

Another thing,

The reason this is so key for us is that the credit card processors are making it next to impossible to run online fantasy sports games and they are horrible to work with, charge alot, retain a reserve for months and allow chargebacks months after the charge. Yet we will to take Visa/MC on the games, and I can tell you that every time I just think to myself, "this is why cryptocoin exists", so we are more enthusiastic about the crypto players than the Visa/MC/Paypal players. So I welcome the frinctionless world of the blockchain. We again say thank you Satoshi!!! We are using blockchain technology exactly for what it was designed. Easy and cheap transactions.

Back to the name. No Limit Coin. Im the designer of the automated poker tables that you see on cruise ships. Here is the patent where we where bought out by our competitors.

Here is the No Limit Texas Hold 'Em automated table we designed a few years ago, in '06.

http://www.rgpatents.info/files/D548801_Automated_poker_table.pdf

Here is the acquisition

http://www.lightningpoker.net/news/news_poker_automation_010208.html

So now is a sort of Version 2 of that. Now we have an online game, that is legal in most states to pay to play, but we are going in hard into states that actually banned pay-to-play fantasy. So we are going there and giving prizes for use and we are ad heavy on that version. We will be the only game in town!. Means we wont change entry fee, but we will give prizes and now have No Limit Coin. So we are doing a 1 million x week coin contest, so if you like crypto, this is the way to mine it playing a game. We will also have our mining pool and all the SW soon on Github. Our priority is the game and for sure the coin, and it is done, we are doing tests and more tests, that is what we do, test sw. So you can see how this makes sense as winners of coin in NoCostFantasySports.com will get coin and end up in the currency and as we all did we realize we want to stay in. No sane person that gets Cryptocurrency wants to be out of it. We already know many dont get it or keep pushing the "there is nothing os value behind it" backward comment. But once they do get it, they are in and a great way to get it is to own it.

We have a software team from USA and India. This may not be the slickest way to launch, but what you see is the beat-by-beat openness I bring to the table and the websites are coming, so that will be just fine also. Look at the underlying asset, the fantasy game www.nlfantasysports.com . ICO and coin wesbite will be here soon www.nolimitcoin.com, info, org, .com.mx

We will place all of the premine coin the first year through the fantasy game or for money or value, value being going to advertising based games where people dont pay entry fee, but we make money with advertising, but with NLC, we get to give away 100 million coin over the season in exchange for play and ad revenue comes in, with a 1 Million coin weekly free roll. The coin will become the commodity of the fantasy game and since it will be liquid at the price we also sell it for, then players will figure out all the steps to turn it into bills in their wallets. We all went through it.  

What we don't sell in the ICO we will sell 1 million coin x day at the same time every day and set the sell price at the market currency buy price and set it as a limit order for the current rate. If t does not sell that day, we don't put more into the market and leave those orders and wait till it sells, meaning if the market drops and we just sell 10% of that we wont sell more until the price recovers as our full sell order will be at the current buy price, regardless of the amount, so if we set 1 Million at that price every day, a small portion may sell and then the market may drop and not buy it. If that happens we wont add more to the market until it sells. So this is also a controlled release, we capitalize the coin with money we get for it to the tune of 80% back to reserves. The 20% will be to develop the fantasy platform to more games and across the world.

This will happen every day for 1 year in the exchanges or until the premine ICO unsold coin runs out, the sale of 1 million coin per day at a specific time and at the ICO price its only $1000 dlls of volume at the ICO price and we hope to be higher for sure. This as a way to dissolve the coin into the economy in a mine-like controlled release. By doing it at the same time every day, we hope to assure the traders we don't plan any surprise sales and we will even publish wallet addresses with the reserves to show how much has been sold or given away at the fantasy game or sold via the exchange for the reserves we will publish related to the coin to sell and use in the fantasy games. We want to have all premine in circulation in one year.

BTW check out the crypto currency logo for Fantasy and we will be the first fantasy platform to take BTC and ETH also!

We hope to bring players to fantasy football from all over the world. CryptCurrency is the way to go and we are writing our own API for money validation that is extremely simple, allows you validate any currency easy and requires an administrator to approve the transaction manually. So that will a be a first, the way we are incorporating the TXID as the key piece of data for transaction validation. Using our own API we dont need the processors and can one day offer up this API to others.  

JUST LOOK AT THIS LOGO!  

https://www.dropbox.com/s/ufmb5ql7xadj5u1/crypto%20fantasy%20sports%201.png?dl=0

So bring all the ETH crowds to us and play fantasy football for ETH, we love ETH and we will have to take ETC. Look how we also picked MaidSafe up 30% today, need to get some of that in my acct. We love that coin and also NEM and Emercoin. That is what we are, a combination of all of these and of course BTC.

Ads for the fantasy game. we are looking for 50 million impressions.

https://www.dropbox.com/sh/r17p5gz7rju3qmn/AAASnV8gV8ea3fFfT8HyhiPsa?dl=0

This is what this coin is all about.

Coin will be sold for the rates on the opening post. .002 or $500 x $1 but as soon as it hits the exchanges, we will sell at market rate set by the exchanges. We will put in floors as described on the top post, but not ceilings.

At least try to keep those walls of text down. No one is gonna read that.

I agree, a bit long, but I figure if people want disclosure, they have it. Thanks for the tip. I will try to keep it short and clear.

Looking for crypto experts that play fantasy football for bounties on organizing your own leagues throughout the season.

So for people that want to get involved and create their own fantasy league, this is the affiliate plan.

YOUR OWN LEAGUE WITH A FREE ROLL FOR EVERY WEEK THIS SEASON TO AN AFFILIATE

For every player you get to sign up with your code, you get 5,000 coin. $5 at ICO price, $10 at launch price

Then you will create a private league that the game allows and we will put up 100,000 x week for your group, minimum 12, no maximum. You split up the 100,000 between your whole group, top 10% get paid, top prize is about 30%, like poker tournaments. You can play also! AND we will pay you another 1,000 per player to this agent for every player that plays that contest that week. Get 20 guys you get 20,000 coin commission that week and every week for the season. Now there will be many more games where they pay crypto and that is what we are after. Also head to head for crypto contests will be many.

WE WILL SPLIT 20% OF THE PROFITS ON THE FANTASY GAME with the affiliate. We will charge 10% for any contest, like Draft Kings/Fan Duel and from that 10% we will take out expenses and split 20% of the net with the affiliate. We may get players in BTC or ETH split is in the coin it was paid.

i like your logo, good luck  :)

1st.
Ugly, cheap full of spam site (i'm sorry to say but i dont know why u show that link)
2nd.
The only thing u talk about is how u gonna earn ur money
3th.
What u want, u can also do with 100% pow
4th.
What u want u can also do without ico / premine
ICO is just 100% money, premine is hated just like ico's start getting hated.

Almost all ico coins are scams, all ico coin devs say: this is not a scam (really, they all say: we hate scam coins, we are not a scam coin.. U know what the result is? its a scam)

ICO is like crowdfunding without identify.


If u want free money, try kickstarter.

http://www.rgpatents.info\NoLimitCoin\logos\cryptojpeg.jpg

1 .You mean advertising? Or data feeds with player stats, news and rankings? That is no spam, those are high velocity data feeds for fantasy football addicts. Yes there is advertising as we are generating revenue this way also. We are in states that banned cash fantasy games, so we are running ads.

2. The reason I am being so specific about how the business model works is that as a coin holder you want to know about the underlying asset driving the coin and the demand. So if the platform is successful then demand for the coin will be there and coin holders have a good road to appreciation. Even us developers understand the value will be through the coin, rather than through the game. So this is the reason I am pointing out the benefits of our model to provide potential coin buyers a view of what will be behind the coin demand, and that is use in the game. We are not even considering demand by speculation.

3. POW places all the reward on computing power which is a commodity now and that model lead us to massive server rooms playing a tug of war between thousands of computers and really out of control like Bitcoin. By moving to a hybrid model, like other coins, you can balance reward between stake holders and miners. Mining and computers are a commodity now, so they should not reap the full benefit of new coin and holders should also be rewarded. Also, staking wallets also provide network processing, but without so much waste or energy going to "mining". If you study NEM, MaidSafe, Emercoin and other hybrid coins, you will appreciate this important adjustment to the Bitcoin POW only model. I believe we provide a good balance for the network with this coin where POW and POS provide the hash power in a more environmentally effective way than just POW. Yes we can do it with 100% POW, but we feel the hybrid coins are the future and better balances the reward to the ones holding up the coin and stakeholders should be rewarded and specially if the wallets are also advancing the chain and not just miners.

4. We need the premine to sell coin into the fantasy game!!!!. We will run a million weekly contest and 100 Million in total prizes for the season.

https://www.dropbox.com/sh/r17p5gz7rju3qmn/AAASnV8gV8ea3fFfT8HyhiPsa?dl=0

We need about 800 million coin to sell into the fantasy game. Again, we have made it clear that 80% of proceeds from coin sales go back to a liquidity fund so players can cash out their coin, so in our case, we need the premine to power the fantasy sports game. Otherwise, how do we create the fantasy contests without the premine? The proceeds will go right back to providing value to the coin. This is why I explain how we make money to give coin owners the view into the why this coin exists and how will it have value, meaning where will demand come from, fantasy players from around the world. The USA alone has 50 million fantasy players.  

We dont want free money, we want to create an economy around the coin and the fantasy sports platform. It looks to me like they are a perfect fit. We will announce the premine and how it will be used, but more will be sold through the fantasy platforms. So the ICO is really to let people know we are coming out and the project does not depend at all on the ICO and if you doubt, what I explain, sure, no need to invest, but if you believe in what we are indicating, then it is a very compelling story. The premine will run out but demand will continue in the fantasy games and as more sports come online, the demand will only grow and once all premine is in circulation the coin can react to demand and appreciate beyond what it may in year 1.

In our case we are identifying ourselves completely, so no anonymity here and that also should give you the type of project we want to operate, its the only way a coin can thrive, and that is full transparency.

Hello,

your PRE-ICO has been added on https://www.ico-list.com/ (https://www.ico-list.com/ref/bitcointalk) !
Our database is now listing over 30+ ICO & Crowdsales !

• User-friendly & clean interface
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Thanks for contacting me if some details are wrong:

• private message (https://bitcointalk.org/index.php?action=pm;sa=send;u=887418)
• email (mallyx@tuta.io)
• twitter (https://twitter.com/mallyx_icolist)

Thanks for the post,

Jack Ma invested 15.4 million into a fantasy company as China gears up for fantasy sports.

http://www.forbes.com/sites/micakelmachter/2016/04/27/sports-tech-unicorns-the-industry-betting-to-make-billions-riding-asias-economy/#16bcf40639eb

I think we will do well in China with the ICO and expect some publications to carry our story or even feature it. We will list in various exchanges and make our coin liquid from day 1.

ICO ANN will go up next week.

I saw your ad on btc12.com, how much do you pay for the ad?  ;D  Good marketing, want to make money from China market.

yes I did make a deal for our coin, so in a way its good for both sides. Once people put a value on you coin, its what you want. We also plan ads locally, but till next week. Here they are.

https://www.dropbox.com/s/npdonxv474yc33p/NLC%20ads.jpg?dl=0

So we are not expecting to sell out, so what ever sells, its good for both sides. Once the season starts on 9/7, then ICO price stops and goes to .002. So that is the point here. Its only 100,000 Dlls we are selling, our mission statement calls for full deployment within a year or less of all coin. So We expect a large amt to sell via the fantasy game. Unsold ICO coin goes to exchange at .002 USD sold at 1 M x day until ICO is sold out.

here is the website, but we are still not launched, as wallet is getting the final touches. www.nolimitcoin.org

We have a structured ANN ready but expect Thursday to post the new ANN and open pool and all links.

You shouldn't accuse and abuse anyone without proper evidence.This is a place to announce launch and other info of crypto, if you have any accusation,please use proper section

Regarding China, I was on a project in '12 with Qatar regarding bikes and went there and to China multiple times and certainly feel very connected to China as well as their dominance in the Crypto space. Here are some articles about the projects with Qatar and China I was involved with. We wrote the software app for this as well as the software for the tracking devices also made in China.

This is about an electric bike sharing system with solar powered stations.

https://www.dropbox.com/s/oypqtgzpxbcd15c/Q%20Press%20release%20Bike%20Share%20systeml.pdf?dl=0

https://www.dropbox.com/s/oixmogjomyc7p4o/Dubai%20Daily%20News%20Cover.pdf?dl=0

We just released one of 4 platforms, the first

www.nocostfantasysports.com (http://www.nocostfantasysports.com)

This version will operate freely in any state and country, but its focused on about 20 states that have implemented or banned DFS. So we enter these states with prizes divided in cash and NLC.

We are running a 1 million coin weekly tournament for a max of 500 players, pays top 50, even 50th gets 10,000, that's $20 dlls, at launch price but we dont expect the maximum to be reached for a few weeks, yet it pays top 50 places. Top prize is 200,000 NLC. Eventually we need to bump the total players to about 2000, since its all ad based. But we caped it at 500 this time.

You can register and create teams now and contests will be up soon. The  million weekly and a bunch of head to head contests and advertising will target the states that Draft Kings and Fan Duel cant operate in. These are the states with licensing or ban, which is where this version is targeting. Our revenue will come from advertising and exposure to the coin by many through fantasy sports play. Here are the states that we are targeting with this version

Alabama
Arizona
Delaware
Hawaii
Idaho
Illinois
Iowa
Louisiana
Montana
Nevada
New York
Texas
Vermont
Virginia
Washington  

Then 2 other games will go live www.nlfantasysports.com (http://www.nlfantasysports.com) and www.nflstatchallenge.com (http://www.nflstatchallenge.com) , you can check them out already but they are not in final mode.

cryptofantasysports.com will go live at the end of the week along with the coin. We mined the first block and stopped, then the first few blocks are zero reward and then it starts the rewards right away

So bottom line is, you guys like crypto, and we are channeling a lot via the fantasy games. We still expect most to sell, and the amt we give away is relatively small, but its a great motivator as we have registrations already.

OMG this thread is so sad and full of promises that will never be true.  If I was on the default trust I would leave the OP some. This wont end well.

No Limit Coin = Unlimited Supply ?

UNLIMITED SUPPLY - NO PRICE

Hello,

We do want to set up a video webinar with full participation so we will schedule that very soon. I will be happy to do a video hangout.

Regarding supply, it is the premine listed of 1,420,000,000 Coin. From this amount, all but 200 M that is the management reserve, will be sold via the fantasy game, the ICO, or through a daily sale of no more than 1 M x day until the supply is completely in the hands of the public. Management has invested over $500,000 into the game, so those 200M are less than half of the invested amount at ICO price.

We needed this premine amount because of the way this project is designed and as fantasy players will need the coin to play and because it is priced at .001 at ICO and then .002 USD at the game, it is not that much money, so we expect to place entire amount within one season. Once this is accomplished, the demand will continue, but supply will only grow at 2% per year for staked wallets, and 1.5% for miners, a total of 3.5% coin growth per year. Its a very small growth rate, as Bitcon is 4% now but was 16% when reward was 50, yet we start at 3.5% coin growth. So you may say it is unlimited coin, as we provide that fixed POS 2% and miners with a flat 1.5% of total in coin to mine. The logic is, how much are you willing to pay for your computer network (it is a commodity)? This is the way a coin needs to look at the new coin production rate, and if the number is to high, then the price may come under pressure from all the mined coin that is normally sold to pay for power and light and would hit the central fund. So coin does grow for ever, but at the 2.75% rate per year after year 9 to keep miners mining and staking wallets open to push the chain along yet its not a large number that causes downward pressure on price. Nobody can answer how Bitcoin miners will survive in 25 years. Meaning the mining incentive will be gone and transaction revenue is not there to pick up the full slack. This is why we concluded that the coin as a whole is "willing" to pay .075% of all coin to miners in exchange for a decent computer network.

This is a fantastic example of the use of blockchain technology. Fast, cheap and easy transactions. Meaning, we not only have the coin, but the place it will be used, the fantasy sports game that is ready to go. Yes the post is correct, we will be exposing many new people to cryptocurrency that have never used. Most people I talk to dont know about it, but as soon as you explain, people want in.  We are already talking to other online game operators so they can use our coin. The flip side of the coin is working with credit card companies. Its almost imposible, expensive, they hold your money 6 months. You can ever get out of the gate like this, but using CC is the dream scenario.

So fantasy players will be able to get their coin, play fantasy for crypto for the first time in history and cash out easily. This is our main goal. Sale to non fantasy players is welcome, but wont change the outcome related to the game itself. Its a unique case where demand for the coin will not just be speculation but actual transactions. The crypto fantasy sports version will be open for the whole world, also a first. No other NFL fantasy football platform allows play from other countries and there are many NFL fans around the world, so now Fantasy Sports for money opens up to the whole world.

I dont mind the skeptics, I actually welcome them as I think our plan is bullet proof and allows us to make our points better when some doubts are raised.

The key point here are: There is a platform that needs the coin, there is mined coin ready to be deployed, and liquidity at the exchanges.

Thanks to the supporters, and even the skeptics as it allows us to reiterate our project and make our point.

For any skeptics, please visit www.nocostfantasysports.com   This version will operate in all the states that have banned fantasy pay-to-play and we will be giving out small amounts of coin to players without a buy in. Our revenue will be ad based but exposing many to the coin also is a plus in the long run.

No limit ? what the diffirent with unlimited printing money ? no controlled supply ?

It is a very controlled and known supply as well as controlled sales channels. Unlike countries that print and you dont know about it. We wanted to address the shock of a sudden halving of the rewards to miners and flatten out that curve over time. We halve by dropping 10% of the mined coin every year for 9 years and it halves by the 9th year. The controlled supply is the 3.5% of new coin produced per year at the start and 2.75% per year flat after the 9th year. The factors that affect the price of a coin is demand and offer. Even with the coin growth every year, the demand from the platforms and normal economic growth should pressure the coin to appreciate, even with the modest yearly coin growth the coin provides. The difference to unlimited printing of money by a country is this is set in stone. So the market knows the exact new coin growth rate for 385 years. So we do keep the sanctity of a controlled supply but there is no need to shock the miners with halving of reward overnight, and there is a need to reward stakeholders so thus the 2%. Our core wallets process the blockchain in exchange of the POS and helps the chain, without the huge drain on electricity a more environmental way to move the chain and reward to those who sit on the coin. 

Here is a spreadsheet with a 25 year run of coin production with this model

https://docs.google.com/spreadsheets/d/1SN_yYdVKiS6RCUB4vZM43QYbgFG2W9aJlRmBxWhnbAM/edit?usp=sharing

This is like a casino. We need to print many chips for the players. We want the chips in circulation, but these chips (coins) trade openly and freely and if the market decides the project is solid, then the value goes up. If a casino did this and printed a limited amt of chips and then made these chips liquid and free floating value, those would be some casino chips. That is it. This is a way to go public with an asset using digital currency. There is no advantage or gain for us to create a scam, we are in this for the long haul. A 10 year mission, minimum. Most of the management reserve will not even stake and will be held in a cold storage trust. The only way this works is if it works of all. Its not a zero sum game, its a "the tide lifts all boats" game. There is no way to scam if you are totally on the level with everything. I'm also on the level that the competition is very big and Draft Kings and Fan Duel are huge, but we have something very special, crypto. So I hope there are fantasy players out there and if not, you can still get lucky and win a lot of coin in those weekly million contest, both for the free roll and the paid version. Free roll is for 500 or 1000 people, paid version you put in 5000 coin for a 1 M prize pool that pays top 10% and to prize is 20% or 200,000 coin. Top 50 people get paid and last 20 get a not shabby 10,000. We will make the coin liquid on day 1 at .002. ICO price .001. You could say this is a sort of corporate approach to block-chain technology implementation for a companies own use as a launching pad. You are not investing in a coin, you are investing in the full scenario that the proprietary game that needs the coin brings.

The top 12 holders of coin that want to prove it are the foundation. Foundation will vote for important decisions. One day I will hand the torch to another person as the code is good for 385 years. The foundation will vote for the head of the coin project after that. Founders are 14.1 % of total coin. Help me place all the coin this year, as fast as possible as that is when the flood gates will open for price movement. But now is the time to accumulate as we wont hold the price down, but will hold the .002 . So top 12 holders that will prove ownership are on the board with live video calls every month as a board, recorded and then posted. Go play fantasy sports. Go register at nocostfantasysports.com, play in the weekly million now and then the crypto site at the end of the week will give you 10,000 coin to register and have alot of contests with the coin. Wallet almost there. We will post your picture as part of the foundation if you do decide to reveal your holdings to the board and want to be on it.

Wallet testing now.

https://www.dropbox.com/s/1cjhc1ax82ib0y6/Version%20DH1.png?dl=0

Hello NLC group.

We will launch NLC in a couple of days.

Registrations in the fantasy game are accelerating with the advertising and questions come in about "what is this NLC stuff". Love those emails. I gladly explain and then they run in. A complete section on crypto will explain what it is and have the NLC video there. If you have not registered, you should, lots of coin up for grabs and you can see the platform first hand. www.NoCostFantasySports.com (http://www.NoCostFantasySports.com)  Register , build your team and enter the contests.

NLC

Registrations are continuing.

Here is our ad in Rotowire

http://www.rotowire.com/daily/

Algo?? ??? ??? ???

Eth ??? ??? ???

Algo 256 SHA

Official ANN

https://bitcointalk.org/index.php?topic=1606674.new;topicseen#new