I understand your concerns completely but at this point we have decided to stick with the X13 algo, we do appreciate your feedback however, we were just not as familiar with these other algos compared to the already widely used ones such as X13.

Maidak is the escrow for the IPO, coins are distributed on August 19th

Yes it is possible. We have a whole list for all participants to better help us arrange the distribution. As long the coins are claimed within 30 days of our launch

IPO coins will be distributed by Maidak where he will send you private keys to wallets containing your coins I believe. I can ask him for confirmation on this.

For bounties and free distribution, we will be contacting all participants to claim their coins by sending us their newly generated UseCoin wallet addresses.

Correct. We will launch at 6PM EST, we tried to pick a time and date that is as suitable as possible across all timezone regions.

Once the coin is launched, second IPO phase begins and lasts 1 week from there. Shares prices will be doubled so early investors will be awarded in that sense for buying in early

Wallets is released on launch day on the 19th at 6pm EST. We have not contacted any exchanges yet but I am fairly confident we will be added shortly after our launch, probably around the time when our Pre-sale phase ends. We can also campaign for exchanges like bittrex to add us. With what we have to offer, I am sure they will add us in the rotation of new coins to be added since they've added many way more pointless coins in the past.

Yes we feel the IPO price is fair, just remember that the price is doubled starting the 19th!

So, is this the most epic scam of bitcointalk altcoins?

Unfortunately we are going to stick with X13 algo for PoW phase. We do not want to make any further changes to the code since we are so close to launch already and rather not delay it any further.

Which algos would you suggest that are the most multipool resistant?

We feel like it is fairly impossible to be completely multipool resistant unless we launch PoW phase with hashrate limitation, but that would mean we need to be closed source until PoW is over and we rather not do that considering our launch.

Let us know what kinds of features you might be interested in

So what's the deal with this coin? I heard it was the new flavor of the month! The business + blockchain idea was very interesting to me.

We are developing a decentralized market using the openbazaar code as baseline, it is actually near 90% complete with most functionality coded in by us. When we release the source we have will also be shared on git so maybe Voot can use it too

2 months ago I held some voot, sold at 1,800 satoshis about a month ago I think. Very disappointed to see where this coin has ended up

Our highest priority is launching UseMarket on time and making sure all features of UseMarket are working.

After that we have plans to add Stealth addresses and Market integration directly into the wallet.

We changed our minds and added escrow ad you can see

Our minimum investment is only 0.01 for 1 share, so even small investors can grab a share of UseCoin

Hey I understand your concern. Out of the possible 12.5mil coins (after 5 years PoS), only 500,000 coins are being freely distributed and only to those who have followed our instructions. Any coins that are not given away will be destroyed. Free distribution ends the same time the pre-sale ends, which is August 26th. The amount of free coins we give out range from 500 - 2000 USE, depending on the rank.

Brand New, Newbie, Jr. Members, and Members are eligible for 500 USE
Full Members and Sr. Members are eligible for 1,000 USE
Hero Members and Legendary Members are eligible for 2,000 USE

Brand New and Newbies must use Twitter to tweet and follow us instead since they cannot use our provided signature.

We have actually already reduced the PoW period from a mere 7 days and upped it to 30 days after reconsideration. We believe 30 days is fair for PoW. We ourselves will be putting buy support for the coins that may be dumped by miners. You also have to consider the fact that a good portion of the free distribution coins will be destroyed, which lowers total supply available. This is ultimately beneficial for anyone who possess USE. We believe in fair distribution and this is likely one of the best ways to insure that. It helps protect early investors a fair amount and it also gives miners a fair chance of mining the coin. However, feedback is always appreciated. At this point it is unlikely we will make any further changes to the PoW period however, since we are so close to launch.

Thank you! We will be keeping everyone up to date on our progress on UseMarket, as well as other features.

Soon we will hold some community votings on this thread to see which features the community would like to see as a priority.

Since we are a team of 3 developers, we are able to delegate our work to whoever is most specialized in it and be able to deliver on time. We are active, we always do our best to reply to questions as soon as possible. Always feel free to tweet, PM or e-mail us directly.

Thanks so much for your confidence in us, we shall not disappoint

We are due to launch in less than 3 days and we are not expecting any delays.