Have to be honest with you this has moved and changed a bit. I am not entirely clear on the full picture.
A series of 5 coins - All unfunded ? (can they be self funded ?) All limited to a 10 mintage ? All 5 priced at 320 euros ?
(5 coins @ 320 euros = 1600 euros. 1 BTC is currently 335 euros. Required outlay is ~4.75 BTC )
No bounty for this individual coin, or any of the rest of the 5 individual coins
The bounty is available at the end of the series of 5, and requires one of each of the 5 coins to enable a code to be cracked
The bounty will be approximately 5 bitcoins, across a number of currencies
I am assuming that the hologram does not need to be removed to get at the part of the code for any of the coins ? (ie the coins can remain as minted)
Effectively the intention is for a limited series of 5 coins, with mintage of 10 each (ie rare release, that could be traded in the future as a rare release / full set of 5). Plus on top of that the opportunity to get back the funds expended, plus a little bit more, by solving the clue, for 1 of the holders.
Is this an individual challenge, or can people buddy up and purchase / solve together ?
Likelyhood is that the same 10 buyers of the first coin, will be the buyers of each of the 5 (unless they buddy up). If anyone buddies up after the first coins, there is a chance that coins later in the series may not get sold (as people need visibility of all coins, so would unlikely come in part way through the series)
Just wanting to see the full picture before I decide to dip my toe in or not
Hi MN.
OK so If we produce 10 coins then the price is 320usd if we produce 20 it is 250usd each.
From this 1st Series coins there is a code on the back with 0.5 BTC worth of altcoins on.
From the 1st series there is part of a clue for a 5 bitcoin prize.
There will be 4 more series of coins that will have additional clues to the 5 Bitcoin prize.
They will all be numbered with Series 1,2,3,4,5 etc so if you have all then yes a rare set..
For the clue on the back well the owner of the coin can do what they want with it. But if you show it to someone else they have the means to get the ALT coins worth 0.5 btc from series 1. So its up to you who you show.
One thing I can not say is the mintage numbers of the series that will be based on how I see the coin selling. But I think people will buy as they are made as not just treasure coins with hidden value but nice collectors coins. So the hidden value is not exactly the main point here. But it is something that could potentially gain some attention from non bitcoiners etc and bring some nice news for crypto instead of all the hacking etc.
Like I am currently working on the next series designs but this will only have part of the code for the 5 BITCOIN prize somewhere in the design. the main focus of the next series is just a really different idea for a physical crypto.
The next series may potentially include solid gold mixed with silver but this is still in progress. So the codes will be hidden in further releases we will not be releasing coins solely focused on the treasure coins. If you see what I mean.
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I mean its like a concrete jungle...
