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21  Alternate cryptocurrencies / Altcoin Discussion / Starting an ICO for my project on: July 19, 2018, 04:58:53 AM
Hi forum members, I have been working for 2.5 years now on a new concept which allows payment for all type of services using Cryptocurrency,

The ICO will secure x25 return on investment and initial cycle would secure 400x return on investment,

Would love to hear from experience members how to best reach potential ICO investors.

The value proposition is very unique and the application is combination of back end and mobile, I already issued 100B, 88B will be used within the app to pay for services, 2B will be reserved for ICO and early team reserve and 10B will be reserved to founder, each coin will be worth 1$ within the app.

Please shoot me a note if you would like to get more details and if you have some ideas for me
22  Bitcoin / Project Development / Re: I want to invest in something very unique on: July 18, 2018, 09:03:25 PM
I am working on 2 early stage projects, we are about to launch an ICO, targeting about 40M between the two of them, I will be sure to update the forum in coming weeks and to provide you more information if interested
23  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin PoW alternatives? on: July 18, 2018, 08:56:20 PM
All mining is doing is providing ability to add security layer by making hacking effort much higher than it would be with centralized system, it does not truly provides load balancing or resource optimization, as a result, the cost of maintaining the environment is sky rocketing, I believe that control of the coin should be centralized and distribution of work should remain distributed, but not the way it is done with current blockchain implementation, I also believe that coins should be align to a commodity or a formal currency, the way it works today is distancing us from using cryptocurrency for daily transactions due to volatility.

we have gone too far, and we are paying the price, cryptocurrency can and should eliminate the needs for banks and cash issuing, how many smart decisions have been made by POW communities, if someone issue a coin, that someone should have control of the coin, if someone is doing work, that someone should be paid for the work, distributed ledger should allow for scalability, efficiency and security, not only security, etherium introduction of smart contracts as part of the distributed model makes no sense to me at all, not all peers should mimic each other, it makes no economic sense.

the future of blockchain in my humble option will have the following characteristics:

1. Centralized control
2. Time limited issue and amount of coins
3. Distributed processing (optimized and determined by centralized control)
4. Metadata is centralized and accessible for validation, compliance and tracking purposes (same applies to smart contract)
5. Enhanced security for distributed processing and centralized systems (e.g. allow admin access to centralized system based on peer majority agreement)
6. No liquid democracy, it is true democracy is the least worse form of government, but time limited monarchy is a better accelerator for technology adoption
7. Not spend time on interoperability, instead, accelerate retirement of legacy systems by increased adoption

I do not endorse Cardano, although there are few good ideas there, I believe it will create additional barriers to innovation.

I am sure additional elements are missed

Ido

24  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin PoW alternatives? on: July 17, 2018, 11:31:39 PM
I believe there are a strong case to move away from mining all together, blockchain mining is now monopolized by mining farm and whilst I understand this PoV may not be populat, it is actually destroying the desire to launch work based coin due to the easy of harvesting initially and the speed miners who do not own farms can secure significant influence on the newly issued coin.
25  Bitcoin / Project Development / Re: I want to invest in something very unique on: July 17, 2018, 05:41:40 PM
When you are saying you are looking for something unique, do you have any specific criteria you are seeking,

I as I am sure many others in the community are aware of multiple unique projects, perhaps if you could provide a bit more information about what excites you, the community can provide better support


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