I am OK with giving mintcoin an unfair advantage. This is mintcoin's dev who planted the seed of a foundation in my head. Privilege of the first. All long as it is known to everyone... As I said, I really want mintcoin to stand apart in one way or another, as a tribute to where the fund come from.
Other option: we allow premine but with extra scrutiny regarding the sincerity of the devs. This will take time and could be unsecure but as long as people are ready to do it, I'm fine with it (I noticed that a lot of project fail because of the lack of motivation or human ressources - so diluting ressources to investigate the "cleanliness" of a premined coin might jeopardize the whole project).
I will probably create a process for acceptance. The said process could easily integrate a "premine investigation" part. This would make integration longer, but otherwise should be fine.

On which ground would you exclude Noblecoin? I only know this coin by name.
I just created VAS coins. This is an empty spreasheet where you can propose coins.


That must be me getting confused. Apologies.

I had to look it up just to know what it was..maybe you confused me with someone else? I did suggest throwing some funds behind green energy projects.

Exactly. Anyway, I propose we don't talk much about the "umbrella aspect". Just see it as a possibility.

I will be honest: I am quite invested in the BC forum for the simple reason that I make money with BC and not with mintcoin. If tomorrow I was making money with GreatCoin, I would be invested in GreatCoin forum. I have no problem with that. Plus, I got some very interesting idea from people at BC (namely ssaCEO), which encouraged me to look beyond one single coin. Actually, there is an idea that would come from no existing coin. That's also why I don't want to be restricted to one coin (and at the same time pay tribute to the coin I come from).

Beside, the mintcoin community has a much deeper ideal than the blackcoin community, IMHO. Until recently, there were mostly there for the money only. The multipool changes this a bit. The now feel invested with holy crusade against shitcoins. But still, money is the main goal. Which is normal: our dev mentioned several time how environment matters for him and I don't remember getting any societal message from blackcoin devs.

That's also why the two communities are really different. And on blackcoin community, I am preaching rapprochement with mintcoin, with some success. No more bashing, for instance.

Thanks So far, said relevant thread are mintcoin and blackcoin. For a simple reason: they are the one I know and like (for different reasons, see my previous post). Before posting to others, let's be sure we got the right criteria for choosing. I propose we stick with mintcoin and blackcoin first, possibly with a focus on mintcoin. Going too far fast too fast would be detrimental.
PM me your email address and what you are good at (SEO, webmastering, webdesign, legal, accountancy, community management, documentation, writing... On top of it, fundraising proficiency could be a plus)

Premine: Mintcoin will be an exception (that's one way to give mintcoin a preferred position, by the way). I am not sure if the premine will be used for the foundation. The dev made it clear the premine is for the mintcoin foundation. One way to have the best of both world is if dev is OK for financing a mintcoin project inside a larger (but mainly mintcoin-driven) foundation.
Project from other coin will have to be financed by the said coin. Leafcoin want to raise crops in Gobi desert? Alright, make sure to gather the coin by yourself, leafcoin. All we provide is the structure, not the funds.
As for visibility, it could be something like "powered by the mintcoin community", for instance. As I said, this is still a work in progress.

First coin will be mintcoin. There is already one small and one big project related to mintcoin. I would really like to give mintcoin a preferred position, but I don't know how to do it. Any idea welcomed.

Ditto. I tried day trading and I won 2000 BC but then I lost them all plus more. Over for me. I don't understand how it works.

Good enough for you?

I understand it as "as soon as it move to 10k, sell everything, then buy back after the dump", right?

Or course, the pump-and dumpers read this thread so they will organise themselves another way, I guess.

And I thought we could be rid of pumpers with this multipool...
Huge marketcap is probably the only way to get rid of them. Do litecoin and peercoin experience pump and dump?

If it already is the end of the raise, I am deeply disappointed.

Full disclosure: the first time I heard about leafcoin was when we where designing the mintcoin logo. I never ever read the ANN for leafcoin, I know nothing about it.
So, yes, a coincidence. Easy to explain: environmentalism is a widespread issue these days.

As for how they will compete (or not): I don't know. Maybe one will eclipse the other, maybe they will both find a niche. Time (and good will) will tell.

I'm glad you're interested in the idea, but could you stop spamming it in the BC thread as it has nothing to do with BC? Thanks.[/quote]Quite the opposite, indeed. It has something to do with BC. More on this later.

Read this. Enlightening.
http://www.strikemag.org/bullshit-jobs/
(tl;dr: most of our job are useless but we are trapped in a mental system where you are supposed to work, even it it is not necessary)

I call this the labor transition, for similarities with the demographic transition.
natality => job demand
mortality => job offer
population growth => unemployment

Phase 1: full employment
Phase 2: growing unemployment, crisis, desperation.
Phase 3: seeing the light at the end of the tunnel; solution envisionned (Oscar Wilde's slavery of the machines; we may move to a situation similar to US antebellum, but without the ethical issues; other solution is basic income, yet another is lowering the barriers to entry -- MOOC, crowdfunding, 3D printing, open source)
Phase 4: we found a way to live in a "post-work" society and we are finally fine with it

We presently are between phase 2 and phase 3.

Here is the illustration (French but should be easy to understand - "chômage" means "unemployment")

And the article in English that a workmate wrote then translated after I encouraged him to extrapolate on my theory:
http://ieet.org/index.php/IEET/more/roux20140314

Yep. In my transhumanist conferences, I call it "lowering the barrier to entry". This is what open source, MOOC, crodfunding or 3D printing do: they lower the barrier to entry, wich makes any dwarf a giant.

Of course, current giants don't like it, that's understandable (rent-based economy).

If you look at the profit on just-dice.com and compare it with the profit at doge-dice.com, you will notice the same trend: doge-dice is more profitable, probably because people care less.

This "dynamic interest" idea inspired me and I am considering including it in a larger scheme. More on this later (yeah, I like teasing )

Hi,

I pondered the idea behind Mintcoin Fund/Project F and I believe it is fundamentally broken.

I don't care about Mintcoin. I don't care about Blackcoin, DogeCoin or whateverCoin. I don't care about any particular coin (save for getting rich quick) and I believe you should not either.

What matters is "does a coin, a project, bring something worthwhile for the society?". This is not about mintcoin, this is about the planet. Mintcoin is just a mean (a useful one, still). But other coins have good ideas too. Promoting only one coin would be very individualistic - "we are right, you are wrong". Let alone duplication of efforts (deadmanwalking was vocal about Mintcoin doing the same as Leafcoin, for instance).

That is why I am considering extending Project F to encompass more than mintcoin. Introducing the concept of Value Added for the Society, of VAS (an obvious pun on VAT).

If a coin brings something useful for the society, it should be promoted. Otherwise, it should not. Granted, one may argue "who are you to decide what is right and what is wrong"? Well human beings, and human being are imperfect, but they keep trying to get better. And so we will.

The basic bylaws won't change much - this is mainly the name and the object (article 2) that will change.
It is of very important to be able to stick to verifiable, factual criteria for promoting a coin. Here how it will go:

- No ressource intensive (be it for mining or for transactions).. Bitcoin/litecoin/dogecoin are out. Mintcoin and Blackcoin are in. Peercoin is out because, despite having PoS, its PoW phase is way too long. NXT if in, of course, like any pure PoS (like faircoin). A hypothetical "lightning-fast PoW" (no more than, say, two months of PoW) would be eligible
- No premine. Yep, not even for country coin, even it they have the best of intentions and they actually deliver (like Auroracoin did yesterday)
- other criteria as you see fit.

There would be two kind of criteria: mandatory and facultative. Mandatory criteria are stoppers, other just orient the decision. I'd say ressource-intensivness and premine should be mandatory.
The boundary of a criterium should be written clearly, to avoid as much arbitrary decision as possible.

Now, what would this fund do?
It would raise awareness for a coin, because said coin is expected to have Value Added for the Society. For instance (and now I am back to mintcoin), the fund could host project related to mintcoin's ideal, like sustainable development. It could be financed in a lot of different way: premine, collaborative donation (doge4water did not need any premine to work for instance). The technicalities of the tunding are up to the coin. The fund will host project, like an incubator for projects.
Of course, since the first "hosted coin" would be mintcoin, mintcoin would have a greater visibility than the other coins (at least in the beginning).

Now, I need your input:
- first, do you understand my vision (whether you agree or not)?
- second, if you agree with it, who would like to be part of it?


Thank you for reading

Correlation !=causation. Can you prove there is causation?

I also believe it is arbitrary. Inflation is my forte, anyway.

Adjustable interest rate? Interesting. The strenght of the bitcoin protocol (I am talking about the protocol, not the currency) is that it alllows to know exactly how much money exist at a certain moment, be it in circulation or not. Surely we should take advantage of this - never before in history was this possible. Is there a potential for better equality, for reducing Gini index?. Watch Richard Wilkinson:How economic inequality harms societies in TED. There could be a potential for another coin here, but it would be better if it was a change from an already-dominating coin (like BC moving to dynamic interest rate). We have precedence of a coin changing its fundamental way of working - dogecoin has removed its maximum cap, if I remember well.

Please explain carry trade arbitrage.

I did not noted people who wanted to be on the board of director for the Fund on a spreadhsheet and now this is dispatched between mail, email, forum...

Please could everyone interested PM me again with the title "Fund". Your PM won't guarantee you in anyway that you will be on the board, this is just a call for candidacy for the moment.
Reminder: you won't get a penny from it, you will have responsability and some availability will be required.

Thanks and sorry for the inconvenience.

You can't realise how true it is: I'm native from the same region as d'Artagnan (Gascogne)

Congratulations!

Can we invest in it, like for just-dice.com?

HE said he asked and got no answer.

Anyway, let us stop this. It will bing nothing good. We better stand together than tear each other apart.

For the PoS!