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181  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 24h | PoW in 1 Day! on: August 19, 2014, 08:04:31 AM
This coin is uniqe, i am ready for mining, i'll rent some rigs tonight. I like to mine.
As for the logo it is also uniqe, and color is matter of taste.
However, this coin is rare good coin on the market today, so i want to have some coins in hand when it reach it's peak.

When website will be online ?


btw 15 hours until pow starts, i'll mine at xHash

Website will be launched public same time as the coin tomorrow at 6PM EST. ~14 hours to go.

Perhaps shortly after launch and other higher priority developments are completed, we will host a short community voting for what should be our new logo.

182  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 24h | PoW in 1 Day! on: August 19, 2014, 06:33:53 AM
Nothing much special but just a sneak preview of our official website that will be launched at the same time as our coin. About 15 hours to go until our launch and the end of our phase 1 pre-sale.

https://i.imgur.com/MXzMSDl.png

 Grin
183  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 24h | PoW in 1 Day! on: August 19, 2014, 06:21:34 AM
This project looks good, but that logo really needs some serious adjustments, specially that almost fluorescent blue color  Undecided

Willing to hear suggestions on how we can possibly improve it Smiley

Not much community feedback was sought after regarding the logo as we wanted to simply focus on developing and launching the coin. It's still way better than what we had made ourselves during the initial announcement last week.  Wink
184  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 24h | PoW in 1 Day! on: August 19, 2014, 03:52:44 AM
what's the escrow fee?

The escrow fee is 7% for Maidak's services. We are willing to cover the escrow fees out of our own pocket.
where can I find the free distribution list?


We have all free distribution applicants recorded in our google forms. Free distribution coins will start going out tomorrow after launch.
185  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 24h | PoW in 1 Day! on: August 19, 2014, 03:45:54 AM
why not just put your coins on a exchange so we can buy from there

The escrow has already been set up and phase 1 is already ending soon. We were unable to get a response from any of the major exchanges to help escrow or offer our coin's IPO, so we decided to just use Maidak's IPO escrow service.
186  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 24h | PoW in 1 Day! on: August 19, 2014, 01:33:14 AM
what's the escrow fee?

The escrow fee is 7% for Maidak's services. We are willing to cover the escrow fees out of our own pocket.
187  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 24h | PoW in 1 Day! on: August 19, 2014, 01:08:29 AM
How much longer to put more into the IPO? Midnight?

6PM EST Tomorrow (August 19th), about 22 hours from now at the time of this post.
Though the price per share is a bit expensive in the present altcoin market.I invest a small portion.I hope you won't let us down.

We are confident that we will be able to deliver everything we have promised thus far. No expected delays, we're expecting a smooth launch tomorrow. UseMarket is near 90% completed, we're missing a few modules that needs to be integrated to our new theme. After that it will be internal testing and quality assurance before we release a public beta test for 1 week. If beta test and public feedback is positive, we will be able to launch by September 9th, perhaps earlier if we see fit Smiley
188  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 24h | PoW in 1 Day! on: August 19, 2014, 12:22:38 AM
If I want another share I just fill out another form?

Yes, you'll just need to repeat the process again, Maidak will distribute the coins according to how many shares you've purchased.
189  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 24h | PoW in 1 Day! on: August 19, 2014, 12:09:03 AM
How much longer to put more into the IPO? Midnight?

6PM EST Tomorrow (August 19th), about 22 hours from now at the time of this post.
190  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 24h | PoW in 1 Day! on: August 18, 2014, 11:35:38 PM
So Maidak will be in charge of distributing the ipo tomorrow? Can you give us the outline of the procedure?

He will send private keys containing your coins to all investors via PM, I believe.
191  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 24h | PoW in 1 Day! on: August 18, 2014, 08:57:07 PM
About 24 hours until launch! Along with wallets, source, and mining pools we will also be launching the first revision of our official site tomorrow at 6PM EST.
192  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 48h | PoW in 2 Days on: August 18, 2014, 06:17:25 PM
If I got it right in first week after lauch price would be 2k satoshi or less(mining).

Yes, this is correct to help entice more early adopters. Again, our goal is not to sell as many IPO coins as possible, we do not expect to sell out. Remaining coins are destroyed.
193  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 48h | PoW in 2 Days on: August 18, 2014, 06:08:09 PM
Escrow provider is Maidak, and  he is a reputable member on these boards who specializes in ipo Escrow. We are fairly confident our launch will be a smooth and painless one tomorrow Smiley


That's the sort of thing everyone says. Is there a link to this Maidak's track record?


We would not have wanted to let anyone without as much rep as Maidak handle any funds.
194  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 48h | PoW in 2 Days on: August 18, 2014, 04:54:53 PM
Escrow provider is Maidak, and  he is a reputable member on these boards who specializes in ipo Escrow. We are fairly confident our launch will be a smooth and painless one tomorrow Smiley
195  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 48h | PoW in 2 Days on: August 18, 2014, 03:11:00 PM
Phase one for 36 more hours from this post.
196  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 48h | PoW in 2 Days on: August 18, 2014, 08:51:01 AM
Escrow will release the pre-sale fund after launch, right?
So who can guarantee that you guys deliver the features after you get money?
Too many ipo/pre-sale scams!!! After they get money they never do what they have promised!!!!!
yeah, same question.
how can you guarantee the features you  have promised?

Our upcoming UseMarket is something that has been underdevelopment since late July. We will be releasing more previews eventually but right now we cannot release it simply because it is not done.

We have a planned beta test phase 1 week before it will be officially publicly launched (on Sept 9th). Right now that is the deadline we have given ourselves and are fairly confident we are able to meet it. Unfortunately I don't know what we can do to guarantee anything in the this industry, but it is not a long wait and before long, you will see what we have been working on is something that is real and has actual real-world utility.

Our IPO/pre-sale funding does not determine whether or not we can complete the UseMarket as well as other ideas we have in store for the future of USE. We have invested and will continue to invest our own time and money into developing UseCoin, to fulfill our mission. The IPO/pre-sale is simply to give an opportunity for the crypto community to buy into something that they can later on use. At least half of the funds will be put back into to putting up buy support at our pre-determined presale prices when the coin hits the exchanges, further protecting investors and early adopters of our coin. The other portion will be put towards development funding for community based development, ideas that are put up to vote by the community and we will implement the highest voted ones.
197  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 48h | PoW in 2 Days on: August 18, 2014, 08:42:50 AM
24 hours from now we will remove the source code inspection bounties since it will be launch soon afterwards. If anyone wish to claim the bounty please be sure to send a PM!

ok i have a friend who is a developer, he can look at your source code. would i be able to claim the bounty on his behalf? he does not have an account on this forum.

Yes, of course. Please send a PM with the details of the developer.
198  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 48h | PoW in 2 Days on: August 18, 2014, 06:31:49 AM
24 hours from now we will remove the source code inspection bounties since it will be launch soon afterwards. If anyone wish to claim the bounty please be sure to send a PM!
199  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][USE] UseCoin » FREE COINS | IPO Escrow Phase 1 ends in 48h | PoW in 2 Days on: August 18, 2014, 05:00:26 AM
Out of the 5,000,000 coins available for pre-sale, so far only about 600,000 has been sold. This means investors who currently invested will receive a substantially higher value on their coins once the remaining coins are destroyed. We do not expect to sell out all of our pre-sale coins, so if you're looking to get into USE but cannot mine then now's the time! Phase 2 presale will double the price per share!

Public ledger:

NEW ESCROW IPO ADDRESS: 12nX3MZwLnchGRgjQtW95Kq4m42baVxtrx
OLD IPCO Public BTC Address: 1NJyp9HbRE5LJiZ94FgcDoLKUTdMuTzn88
200  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: August 18, 2014, 04:56:50 AM
Devs like these make me sick.
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