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Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: 1337coin on June 14, 2014, 11:48:52 PM



Title: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) | PoW + PoS | IPO
Post by: 1337coin on June 14, 2014, 11:48:52 PM
https://i.imgur.com/328Xgqo.png


1337Coin
Launch within the next 14 days, we announce excactly Launch date min. 3 days before.



What is 1337?
Quote from Wikipedia.com
Quote
Leet (or "1337"), also known as eleet or leetspeak, is an alternative alphabet for the English language that is used primarily on the Internet. It uses various combinations of ASCII characters to replace Latinate letters. For example, leet spellings of the word leet include 1337 and l33t; eleet may be spelled 31337 or3l33t.
The term leet is derived from the word elite. The leet alphabet is a specialized form of symbolic writing. Leet may also be considered a substitution cipher, although many dialects or linguistic varieties exist in different online communities. The term leet is also used as an adjective to describe formidable prowess or accomplishment, especially in the fields of online gaming and in its original usage – computer hacking.
1337 = leet = elite. It’s a number used to describe the best of the best, or something “cool”.
We want to give a coin for all the nice people out there.



General Information:
•   Block Time: 60 seconds
•   1920 blocks per day
•   1337 Coins per Block
•   difficulty retarget every 3 blocks
•   Blocks mature after 60 confirmations
•   PoW phase will end after ~ 7 days (calculated 6.95 days)
•   Premine for IPO: 10% (first blocks, also for testing, see IPO info)
•   Coins after PoW: 13,371,337
•   Stake Interest: 13.37% annually
•   Algorithm X11 or X13 (voting Ends after 5 days)



We want to offer the community a rare possibility: You can choose if we we should use X11 or X13 Algorithm. We believe that, if the community can also play a small part on the creation of a coin, the coin can reach even more glory.
The voting of X11 or X13 will last for 5 days. After that, the Algorithm with the most votes (type comments here, say you think wether X11 or X13 is better) will get updated on the General Information part.


Now you might be asking why IPO?
To be honest, we only have small experience with programming. But we want to provide a stable coin. With the IPO Money we want to hire a DEV with experience. The dev will also provide us with future updates and implementation of new Features.
We will also Launch with more than 1 node, in order to provide a smooth Launch.


Here some IPO Details:

We don't believe that selling a fix amount of coins for BTC before the coin Launch is fair. So we want to sell them in Shares.
We will sell 100 Shares for each 0.1 BTC for a total of 10 BTC.
1 share = 13,371.337 coins
For example, if 20 People will buy one Shares each, for a total of 2 BTC, everyone of them will receive 100/20=5 Shares. So it's calculated like: (100/sold Shares)x your share Count. We believe, that this is much more fair than selling amount x of coin for 0.1 BTC.
As soon as we reach 1.0  - 1.5 BTC we will give the money to the dev so he can start codeing the coin for us. We are already in touch with him and he told us, he could provide us the Coin within 3 days.


Here is our "perfect" time line:
1. voting of X11/X13 Ends after 5 days (friday next week)
2. As soon as we collected 1 - 1.5 BTC we will tell the dev to create the coin.
3. aprox 3 days later we have source
4. we will mine the 10% IPO and test the coin.
5. if everything is working, we announce we have working wallet
6. from then you have about 3 days (Minimum) until we Launch. The IPO coins will be provided within 24h after official Launch.


More informations like Charts of interest rate and other usefull informations comming soon.

If you have any questions, feel free to ask.


Title: Re: [ANN] [1337] 1337Coin x11 or x13 (community vote) + PoS | | IPO
Post by: copychicken on June 14, 2014, 11:51:20 PM
count me in... at least you are honest...!


Title: Re: [ANN] [1337] 1337Coin x11 or x13 (community vote) + PoS | | IPO
Post by: sumone on June 14, 2014, 11:53:00 PM
Who is providing escrow for the IPO?


Title: Re: [ANN] [1337] 1337Coin x11 or x13 (community vote) + PoS | | IPO
Post by: 1337coin on June 14, 2014, 11:58:52 PM
Who is providing escrow for the IPO?

We will start looking for trustable escrow by tomorrow. Of course we want to do this with escrow Service.

If someone can provide trustable escrow, please pm us.


Title: Re: [ANN] [1337] 1337Coin x11 or x13 (community vote) + PoS | | IPO
Post by: majeis on June 15, 2014, 12:14:02 AM
Chain x15 89 times with an additional 2 random hash functions.

Otherwise, it's not 1337 enough.


Title: Re: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) + PoS | IPO
Post by: Rayes on June 15, 2014, 12:33:45 AM
Could be interested. Seems like a fair post.. Let's see, will watch this coin!


Title: Re: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) + PoS | IPO
Post by: MINIGO on June 15, 2014, 12:39:52 AM
currently it is a joke...ask ipo btc to ask for dev....lol...


Title: Re: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) + PoS | IPO
Post by: MINIGO on June 15, 2014, 12:42:11 AM
currently it is a joke...ask ipo btc to ask for dev....lol...

just put a concept and  said hi man we will create a coin,pls give me coin...you dont need any cost...


Title: Re: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) + PoS | IPO
Post by: copychicken on June 15, 2014, 07:52:12 AM
currently it is a joke...ask ipo btc to ask for dev....lol...

just put a concept and  said hi man we will create a coin,pls give me coin...you dont need any cost...

ok then you go and mine/buy...that startcoin with 50% premine, one day earlier - prelaunch...etc etc etc...
at least these guys have their cards open..


Title: Re: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) + PoS | IPO
Post by: lubing7683 on June 15, 2014, 07:55:20 AM
Please talk about what is innovative features of this coin , have you any EXACT offerings what to do? Strategic plan or something?


Title: Re: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) + PoS | IPO
Post by: komodovpn on June 15, 2014, 07:59:34 AM
Interesting. Will check later on :)


Title: Re: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) + PoS | IPO
Post by: jztxeno on June 15, 2014, 08:05:06 AM
aww yea IPO..... ::)


Title: Re: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) + PoS | IPO
Post by: yzhi on June 15, 2014, 08:11:26 AM
ask ipo btc to ask for dev.???


Title: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) | PoW + PoS | IPO
Post by: 1337coin on June 15, 2014, 10:36:15 AM
aww yea IPO..... ::)

Atleast we are totally honest. Not like other coins where is a premine of 1-3% and then the coin is on an Exchange and getting dumped fast so the devs can get some BTC.

Please talk about what is innovative features of this coin , have you any EXACT offerings what to do? Strategic plan or something?


We will create some graphics showing what we want to do. We think graphics can say more than words.

some infoirmations:
-there will be  a free teamspeak Server for example. I know, that's not big or very Special or expensive, but the IPO Investors will receive own channels with own OP rights. So you could talk there with your friends, Play Video games together or just talk about cryptocurrencies in General.
-The Name itself is an "old" Computer term. As i was Young, my friends and i kept saying stuff like "nice shot, rly 1337" when playing Computer games.
- also cryptocurrency is not to Young anymore, and we want to honor that number by creating a coin for it.


More informations and updates will be comming next two days.
Thank you for your interest in our coin.


Title: Re: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) | PoW + PoS | IPO
Post by: Bfljosh on June 15, 2014, 10:39:01 AM
Nothing 1337 or leet about this coin. Just copy/paste bought for 0,1 Btc maybe.

The IPO is a straight gamble.

Welcome in the world of Coin HYIP's.


Title: Re: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) + PoS | IPO
Post by: worldhello on June 15, 2014, 10:56:07 AM
ask ipo btc to ask for dev.???

yeal, IPO now is so popular, and I want to invest some btc to the coin, but I am not sure...


Title: Re: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) | PoW + PoS | IPO
Post by: worldhello on June 15, 2014, 10:58:41 AM
Nothing 1337 or leet about this coin. Just copy/paste bought for 0,1 Btc maybe.

The IPO is a straight gamble.

Welcome in the world of Coin HYIP's.

haha, bro, you are so straight, and  you have told all people that the dev is a lier////


Title: Re: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) | PoW + PoS | IPO
Post by: worldhello on June 15, 2014, 11:05:21 AM
currently it is a joke...ask ipo btc to ask for dev....lol...
 ::) ::) ::) ::) ::)


Title: Re: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) | PoW + PoS | IPO
Post by: platorin on June 16, 2014, 11:05:50 AM
Are you serious? You are selling 100 shares for 0,1 btc each and premining 10% of coins to TEST the network? Don't you know how to test it the right way? how it should be done?

This very much smells like ShareCoin scam.

SCAM ALERT!!!


Title: Re: [ANN] | [1337] | 1337Coin x11 or x13 (community vote) | PoW + PoS | IPO
Post by: foob6 on June 16, 2014, 11:10:43 AM
1337coin?i dont know the 1377 year story。