This post is made on behalf of MetaCode. The dev team will manage and maintain this topic.
METACODE TECHNOLOGY DETAILS The technology was originally created to address data security and online storage needs. It performs extremely well in this regard. During initial testing, it was discovered that the technology could also be used for file sharing in a way that solves the problems with the present model. With the added benefits of a distributed network and built in incentivisation while providing a very high level of efficiency at a very low cost.
MetaCode is the future of secure data management and file sharing.
MetaCode puts the "utility" in utility token first and foremost. MetaCode engine doesn't merely use MetaCode token to unlock the engine for use. But is actually an integral and essential component of its operation.
At its most basic, files are entered into the engine interface and a unique alpha-numeric-symbolic encryption key is created by the user. The key is used as the basic map for the encryption process. The key is more than a mere lock existing over the file. It forms an element of the encryption itself and therefore decryption cannot be completed without the key.
The MetaCode engine fragments the file according to elements of the initial encryption. Preparing to send it to multi-dimensional C/F/M diffused storage vaulting.
A unique numeric string is generated by the system, and expressed as a left of decimal numerical value (whole MetaCode token) influenced by file size (we call them LOD pronounced load). Plus a right of decimal fraction of MetaCode Token (we call them ROD). When the user initiates the upload to the C/F/M, The MetaCode token is sent to the appropriate smart contract. This process writes the transaction to the blockchain. Embedding the code in the ledger. The smart contract returns all LOD and a portion of the ROD sent MetaCode token to the MetaCode engine address. this is the second numeric code. The difference between the two is a value used as the third code.
The three codes together are used to generate a fourth code (using algebraic formula influenced by elements of the initial encryption/fragmentation) that is readable (from blockchain) by the online MetaCode infrastructure. This determines the address locations where each fragment of the encrypted file are sent for secure storage. The numeric code is then therefore essential to the later map retrieval of the file fragments. Providing a layer of quasi-encryption further enhancing security, And preventing unauthorized attempts to locate file fragments.
File retrieval is accomplished by entering the numeric string map code (expressed as right of decimal fraction of MetaCode token) into the user interface, Blockchain transaction is completed via smart contract. And the entire amount of MetaCode is returned to the user MetaCode interface. File fragments are located and downloaded for reassembly and can then be decrypted using the original encryption key.
All the complexities and heavy lifting are handled by the MetaCode engine under the hood, Making user engagement near effortless with smooth, easy to understand intuitive controls and prompts.
Additional security can be applied to any file with the use of advanced options, such as replication and redundancy, "wild goose", "white noise" and "red herring" to cause the encrypted file to be extremely resistant to unauthorized decryption attempts. Media files can be used in place of the alpha-numeric-symbolic key causing even the most powerful "velociraptor" systems designed to brute force, dictionary attack or otherwise unravel the file will grind its gears to dust without ever unlocking the slightest hint of the true contents of the protected file.
MetaCode engine together with MetaCode token is a complete security and storage solution that better addresses the needs of a wide variety of enterprise level entities such as healthcare, insurance industry etc.
Beyond that, the MetaCode user interface can be widely distributed to interested individuals freely to encourage widespread use.
One such use is the MetaCode's ability to perform file sharing operations with total anonymity. P2P file sharing is rendered obsolete by the features, security, speed and reliability of MetaCode driven file distribution across vast networks. Efficiency is taken beyond the next level to totally eclipse currently existing P2P protocols. And uploader incentive is easily accomplished by the ability of the system to divert retrieval MetaCode fractions to the uploaders MetaCode interface via discretionary smart contract instead of being returned to the sender (downloader). Data location numeric strings and decryption keys can be distributed widely, making file sharing easily accessible, very inexpensive and potentially lucrative for uploaders of high demand files.
Detailed Information Available in White Paper.
 ABOUT MetaCode technology addresses the need for secure distributed file sharing without the weaknesses inherent with the current model being used for such. As with sites like pirate bay etc. there are those who would like to suppress such activity. The existing model is vulnerable to takedowns etc. whereas MetaCode technology is unassailable. Operations like wikileaks have attracted negative attention. If Julian Assange had remained anon, then the project could have moved along unfettered. We are very proud of the groundbreaking tech that we have developed. But for the sake of the continuance of the usefulness of the tech we have set aside personal pride to ensure that lack of anonymity doesn't become the Achiles heel of the system.
MetaCode Token Genesis Event escrow service guarantees that all key elements during and after the ICO are handled with the greatest care and attention to detail. There is no higher standard of guaranteed dependability and reliability. Making MetaCode project and ICO fully trustworthy as our team is bound by the terms and conditions of the Escrow Agreement.
THIS IS JUST THE BEGINNING
Market analysis forcasts a very bright future for the MetaCode project. We have learned through marketing expert consultation that the concept of "bliss point" as it relates to the idea of balancing the needs/desires etc. of the utility users of the tech. Main utility use includes uploaders and downloaders of files for sharing. With a degree of overlap between the two. So, uploaders (being incentivized by collecting MetaCode tokens sent by downloaders) will naturally want the token to reach maximum valuation. And downloader incentives to use MetaCode include getting files with a convenient, reliable, fast, safe, secure experience free from malware, virus, obtrusive ads, tracking etc. File downloaders generally can get a file for a coded transaction of around 1/4 of a MetaCode token. At ICO price that's about 1/3rd of a cent per file. But with the high degree of added value brought to the user by MetaCode tech. The price point threshold for average user download cost tolerance is around 50 cents per file. This means that token value has a conservative projected value increase before exceeding estimated cost tolerance of around 150 times the ICO price. And since the token recirculates to MetaCode via uploader activity and can then be metered out into the ecosystem to best provide balance between token value and continued user base expansion, MetaCode token is expected to plateau somewhere around the $1.50/token mark and settle into relative stability.
Further, since MetaCode project is conducted with escrow. We can safely and reliably mint huge "reserve" token supply with the sole purpose of burning excess tokens to support token value increase. Exact details are explicitly built into the contract.
Excerpt from the contract:
- - - A massive surplus of tokens will be created from the crowd sale (landing in the multi-sig) that will have the purpose of a ballast toward token value increase.
The way this will work is that a huge amount of the tokens created during the crowd sale will be sent to a burn address in stages after an appropriate amount of time following exchange listing(s).
With burn event beginning 10 to 20 days after first exchange listing and token genesis event conclusion.
- - - The total supply of the tokens will be drastically reduced
as a result, causing a supply drop shift in token value. This should
create a stir in the exchanges gaining lots of attention toward the
token. (always good to appear in the top 10 of trending tokens gaining
value). The burns shall happen in stages ( 1/14th of 14 trillion tokens at a time approximately every 1 to 2 days over 14 to 28 days).
More announcements are in the next post. |
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Regarding the website look and team, this is I received from the Dev team: The website is optimized to render well on both laptop and mobile devices. Mobile rendering is important as it makes up a significant % of traffic. And will likely become much more important when social channels begin driving interest and traffic.
The constructive criticism regarding the attractiveness of the sight is we suppose subjective. If someone can offer suggestions that will improve the look (while maintaining cross platform pc/mobile rendering) we are open and receptive to such.
The anonymity of the team is explained. If the team is revealed it may initially give confidence. But would seriously damage the intended functions of the tech. and project. MetaCode addresses issues of privacy and unassailability within the space of file sharing. We ask that people recognize the importance of protecting end users (by maintaining user/admin./infrastructure protection) and therefore ensuring the long term viability and sustainability of the project as a whole.
Relevant to the anon team. Detailed info. and description of the tech. and how it works has been provided (white paper) so that people can make a fully informed decision regarding the tech. and therefore the project.
In addition, the project is conducted by multisig escrow and starts with system reliability phase. This provides a very high degree of assurance that is testable and verifiable. Please keep me posted with any other query. And also apply ASAP. I need to finalize the team before this Monday. Regards, iPwB |
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Thanks everyone for the feedback. Until we restart (if dev team decides) the campaign, there are no need for this topic. I am locking it to prevent spamming.
Regards,
iPwB
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The predetermined list of people in OP I am in.
Long time observation. It also confirms that we won't get paid a dime in case the project's sale doesn't succeed.
Yes. I would hope for at least some part of the salary to be fixed no matter what. I would also hoped for that but it is what it is. We need to work hard to make this a successful project. Since there will be a escrow from the forum so we can have this confidence that whatever they rise we will get our part for sure. When can you provide the project's WP/ann for review? At the moment we have - the Contract page ( https://bitcointalk.org/index.php?topic=5118533.0) translate except the text in between the code tag and post in your local board with a link to the original post - The Escrow topic ( https://bitcointalk.org/index.php?topic=5118910.0) translate with a link to the original post. - The white paper ( https://metacode.world/white-paper) translate and send the PDF copy to me. They will add it in their website - One pager ( https://metacode.world/one-pager) translate and send the PDF copy to me. They will add it in their website There will be ANN topic and other things as well, which are in the pipeline of-course. I will create a to do list once I get time. Hello 1miau, I understand it you need a translator / community manager for local boards and in addition if possible for the main group.
Precisely So I think there are much better translators and I can recommend some of them if they are interested. I'll only ask trusted translators where I know about their quality.
If you can then this will be a great help. Please. I was not aware of icoholder.com page. Thanks for the link. So far I have the above mentioned materials which I listed for asche to view. That's a little bit poor and every trusted translator would need more information about the project imo. There is no team at all and the website looks like it isn't ready.  About the website look I also have this same impression. Perhaps we need to talk to the Dev team to have a better UI. This is what I found from their about page: Privacy and anonymity are central to the nature of MetaCode technology.
The potential uses of MetaCode include applications that require discretion.
To avoid unnecessary interference from unscrupulous third parties, no personal information will be shared. MetaCode respects your freedom to privacy. Thank you for respecting ours. It make sense to me. What I learnt that they are looking for escrow because they do not want people to concern about the team. I will ask the Dev to give a better explanation here if possible. I'll also PM Lafu since it's relatively unlikely that all members on your list will see the topic.
Yes I know. That is why I said on my main post that if you are good friend with any of these member then let them know about this opportunity.
I don't have any experience in bounty managing or translation but I can try if conditions are good.
Everything has explained in this topic.
I have also seen my name here in the list and Haven't applied for anything, but I am curious about this.
I hope now you know how you made it to this list.
I don't have any experience in bounty managing or translation but I can try if conditions are good.
I would love you to have on board. Please confirm using the proposed format in my main post. Once more information becomes available I will make a research about your project.
All I have were mentioned in the earlier answer to asche in this post. I would also interested to know your feedback after you finish your research. Please update us. For now I am interested in doing the translations.
I will also need you to manage your local ANN topic too. Don't worry about moderating other channels I will have it in mind not to add you in Category B. Thanks everyone. Please feel free to post your question here. I will give my best to answer you. Regards, iPwB |
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We can have a discussion to see if it satisfy both of our interest. Feel free to discord me.
Regards,
iPwB
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Hello, I am sorry for the confusion here. Non of the above user in my post applied for any job to me or showed any interest before, they were not even aware of this coming to them. We never talked to each other in most cases. These are the users I would like to work with if they are interested. There are no push, no force. I listed their names so that if they are interested then I would like them to apply. If anyone is not interested then I am fine with that. I will find desired members from a job announcement thread where everyone will be free to apply. But I will prefer to go with the members of this list first. I have seen these guys has commitment and talent. It's up to them if they want to accept. So, they are my first choice and I hope this clears the confusion here however please feel free to ask any question anyone still have. Can you please be more specific regarding what you are expecting and how you built your list?
I did not understand what list you are pointing. Can you please specify? Regarding my expecting As I have stated on the main topic that you will manage/translate the English topics to your local language in the local boards. This is not something I am looking for article writers or things like that. You are not bounty hunters, you are working with me to ensure the quality delivery of the the bounty program. Your job is specific but not limited - Translating the topics/whitepaper/one pager etc which are in English to your local language as instructed on my main thread - Managing the local ANN thread (engaging/responding the posters query the way it will be done in the main English thread) which you will create - Reviewing articles, videos of the bounty hunters - The B category will perform additional work like helping me to moderate telegram or discord or facebook or twitter or reddit. We will share work load depending on your interested social channel. About the payment things - - - All tokens claimed by bounty hunters/bounty manager will be distributed upon completion of the crowd sale. Bounty manager will receive 10,000,000. MetaCode Tokens. Maximum of 1,000,000,000. tokens will be released to bounty manager for distribution to bounty hunters. Max total of 1,010,000,000. Note: Bounty manager will receive 10,000,000 - - - Above referenced bounty manager %ETH payment in full. Set at 1% of total ETH held in Multi-Sig wallet at event conclusion. Note: Bounty manager will receive 1% of total ETH Ref: https://bitcointalk.org/index.php?topic=5118533.msg50079851#msg50079851For calculation let's say the ICO will raise 230,000 ETH. So my employer's % is 2,300 ETH Now 40% of 2,300ETH and 10,000,000 token is 920 ETH and 4,000,000 token respectively. This is what I will receive. I hope now this make sense: In return I will get 40% of both 10,000,000 MetaCode token and the 1% raised ETH in their ICO.
Out of these (920 ETH and 4,000,000 token) I will share 50% with the team member who will apply in this topic(or the other topic which I was talking about earlier if there are not many members from here). Break down: 35% (322 ETH and 1,400,000 token) with category A members Category B members will get additional 10% (92 ETH and 400,000 token). Two best performing team member will receive additional 5% (46 ETH and 200,000 token). Depending on the number of team member we will divide the total (both ETH and token) and share equally. So, let's say we have 10 members (for example). Out of 10 we have 5 falls in Category B Category A: ETH break down 32.2/member Token 140,000/member Category B: ETH break down 18.4/member Token 80,000/member Bonus ETH break down 23/member Token 100,000/member Now let's say team member X falls in Category B and also earns the best performing award. So she/he will get: ETH: (32.2+18.4+23) = 73.6 Token: (140,000+80,000+100,000) = 320,000 I hope now this make sense. Regards, iPwB |
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IPBTT campaign management service, recently singed a contract with MetaCode to manage their bounty/social program. On behalf of IPBTT, I will manage and monitor the bitcoinTalk related affairs for MetaCode. In return I will get 40% of both 10,000,000 MetaCode token and the 1% raised ETH in their ICO. Details: https://bitcointalk.org/index.php?topic=5118533.msg50079851#msg50079851https://bitcointalk.org/index.php?topic=5118910.msg50096045#msg50096045It's a serious project and forum escrow will be in operation. So, we can have a peace in mind that there will be no issue with payment. Now we need to focus on the success of the project. To do my part perfectly for the project, I need a good team to help me besides the existing team I have. The team members (who will be hired from this thread) will be responsible to handle their own local board related affairs including but not limited to: Translating --- ANN, contract, Escrow ANN, Social bounty thread with a link to the main thread, Signature campaign thread with a link to the main signature campaign thread, whitepaper, one pager, some website contents and any other translation if needed. They will also be responsible to manage the ANN topic of their own language (actively response to the interested posters), review any submissions (article, video from bounty participants) of their own languages. This is member category A. Member category B will perform some additional task like: Helping me moderating telegram or discord or facebook or twitter or reddit In return, I will share 50% (category A 35% and category B additional 10% with their 35% from A. I will pick category B members from the As. 5% will be awarded to two best performing team members who will prove they deserve it by the extra mile activity and hard work) of the token and raised ETH I will receive, with this team members of this topic. It will be distributed equally. I will request the escrow to send the token and ETH directly to your addresses. This ensures that you do not need to trust my words. I could post a topic and randomly pick members but I have not done this because I know there will be people who will easily use tricky translation tools and abuse their responsibilities. So, I have done my research. Closely followed some of the following members from long time since I knew this days are coming for me. I will be happy to take help of one person instead of thousands who will not provide any value to my standard. I always try the highest standard to do my job and I expect whoever will work with me will keep the same or even higher. I hope this explains what I want. I can assure you that we will work together in a very friendly manners. From the following, I will need one member for each language board. This will be very hard for me to eliminate members if there are more than one interested member in a same board but the reality is that I will have to pick one. So, I will pick first come first basis for the boards. Thank you. Russian ======== Coin-1: https://bitcointalk.org/index.php?action=profile;u=1133335taikuri13: https://bitcointalk.org/index.php?action=profile;u=1855828Alex_Sr: https://bitcointalk.org/index.php?action=profile;u=1762404Portuguese =========== bitmover: https://bitcointalk.org/index.php?action=profile;u=1554927vit05: https://bitcointalk.org/index.php?action=profile;u=194811Spanish ====== DdmrDdmr: https://bitcointalk.org/index.php?action=profile;u=1582324paxmao: https://bitcointalk.org/index.php?action=profile;u=1192397VB1001: https://bitcointalk.org/index.php?action=profile;u=1138727Italian ====== coinlocket$: https://bitcointalk.org/index.php?action=profile;u=1339716Romanian =========== vlad230: https://bitcointalk.org/index.php?action=profile;u=1268116Turkish ======= Kalemder: https://bitcointalk.org/index.php?action=profile;u=487377Filipino ========= cabalism13: https://bitcointalk.org/index.php?action=profile;u=1605387Silent26: https://bitcointalk.org/index.php?action=profile;u=1091163theyoungmillionaire: https://bitcointalk.org/index.php?action=profile;u=1180530Indonesian ========= Husna QA: https://bitcointalk.org/index.php?action=profile;u=1827294mu_enrico: https://bitcointalk.org/index.php?action=profile;u=1574226joniboini: https://bitcointalk.org/index.php?action=profile;u=1275282Arabic ======== mikeywith: https://bitcointalk.org/index.php?action=profile;u=2033515hugeblack: https://bitcointalk.org/index.php?action=profile;u=1059082khaled0111: https://bitcointalk.org/index.php?action=profile;u=1012655Croatian ======== big_daddy: https://bitcointalk.org/index.php?action=profile;u=257004Pmalek: https://bitcointalk.org/index.php?action=profile;u=112493German ======= 1miau: https://bitcointalk.org/index.php?action=profile;u=2143453Lafu: https://bitcointalk.org/index.php?action=profile;u=805820Français ========== Saint-loup: https://bitcointalk.org/index.php?action=profile;u=975910asche: https://bitcointalk.org/index.php?action=profile;u=1580039Indian ====== legendster: https://bitcointalk.org/index.php?action=profile;u=93844Pakistan ======== shahzadafzal: https://bitcointalk.org/index.php?action=profile;u=1634314Raja_MBZ: https://bitcointalk.org/index.php?action=profile;u=771962Chinese ======== Open for suggested to find a member by the above members I may add few more language category. Please feel free to suggest. How to apply:Username:
Language board:
Discord:
ERC20 address: Please spread this news to the members above in case they miss it. I hope they have good friends in the forum to inform them about this opportunity. |
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@finaleshot2016, According to the terms you should be paid. if it cross first 4 days of the week then you will get full payment for that week. Round 5, payment has been sent: https://www.blockchain.com/btc/tx/24696885a166d5078bc86c34b680c4f7c27f7d81f3b6b29cd22703a4049b6574Thanks everyone. It was awesome to have you in this campaign. Since Nanogames wants to take a short break with the campaign because of the site update, I am pushing this campaign now. Feel free to stay tuned with their ANN thread for upcoming news. So, we are done for now with this campaign however I have few more campaigns in the pipeline which will be coming in the upcoming days. I will be looking forward to work with the community again. I will keep this topic unlocked for the next 24 hours just to receive your feedback/reviews which will help me to improve my service in the future. Please feel free to share your experience with this campaign, especially - how you liked restricting maximum daily post in Gambling / Gambling discussion board? This was to ensure that not all the posts by the candidates made in only on the selected boards. - merit requirements for the candidates although we considered less earned merit too based on their posting habits and quality. - Being flexible for the Negative rating members although there were no negative rating members with the campaign. In the recent time with the new Default Trust System we noticed sometimes a good member become the victim of unfair ratings and this is why we were not just blind seeing negative ratings. We will continue the same with rest of our campaigns too. I hope the rules were not too hard to follow. We need to maintain the highest standard for our employers as we promise them. Thanks again for the awesome work. Stay healthy, always do the best. With the hope of coming up with another new campaign soon. Regards, iPwB |
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This will be only in-between MetaCode.World, Multi-Sig Escrow (Potential) and Bounty Manager for public record. Please do not comment in this post unless you are one of them. Thank you. Bounty Manager: inPRIVACYweBELIEVE https://bitcointalk.org/index.php?action=profile;u=2295681Multi-Sig Escrow: We will update later. MetaCode PGP Public key: https://bitcointalk.org/index.php?topic=1159946.msg49763785#msg49763785-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256
MetaCode
Multi-Sig Escrow Agreement
MetaCode.World
==========================
Brief overview of the MetaCode.World token genesis event:
- - --------------------------------------------------------
# Planned utility token genesis event. Date of launch Mar. 22th, 2019. (beginning with system reliability phase). Main Token Genesis Event April 22, 2019 to May 24th, 2019.
# MetaCode is next-gen file sharing & data security protocol technology. The proposed MetaCode ERC20 Utility token is essential to the operation of the UI and online infrastructure of the MetaCode Engine. MetaCode online infrastructure uses decimal based code remote smart readers to handle data for distributed unassailable management. Hence, it is Ethereum blockchain based using 18 decimals for coded transactions on the system. (more info. Available at MetaCode.World)
# MetaCode token genesis event is intended to raise Ethereum for the purpose of establishing and advancing the MetaCode project toward dominance in the sphere of file sharing technology. Also, to create the sole means of using the technology (MetaCode Token) as primary functionality depends on code transmission via token transaction.
# MetaCode.World project is committed to using best practice throughout the token genesis event and beyond. With regard to the project, MetaCode will put forward every effort to ensure the safety and security of the technology and potential token holders who may participate in the token genesis event.
# Relevant to the above statement, MetaCode will offer tokens during the event with the following provisions:
- - - Tokens will be issued and immediately sent to contributors ERC20 wallet used to send Ethereum to the crowd sale address. This is handled by Oracles Proof of Authority contract.
- - - Built into the POA crowd sale contract is the receiving wallet address (where sent Ethereum is held)
- - - The receiving wallet is a (proposed) ERC20 Multi-Sig created for the sole purpose of the token genesis event.
- - - Multi-Sig wallet will be 2/2 with one signatory being the MetaCode team. The MetaCode team is the only authorized party allowed to submit transactions on the wallet.
- - - The other signatory will be selected from BitCoinTalk forum. High trust rating is essential for consideration for this position of authority. As the trusted member will act as Escrow service provider. Ensuring that ONLY bonafide transactions occur during and after the token genesis event.
- - - All Ethereum received will be locked in the Multi-Sig wallet until the conclusion of the crowd sale.
- - - The single largest contributor to the crowd sale determined by the single wallet address containing the largest amount of MetaCode token as shown on etherscan.io at the conclusion of the event will receive to that wallet address 1% of the ETH (rounded down to the nearest whole ETH) contained in the multi-sig at that time. Maximum of 9,000. ETH paid to a single wallet address.
- - - All tokens claimed by bounty hunters/bounty manager will be distributed upon completion of the crowd sale. Bounty manager will receive 10,000,000. MetaCode Tokens. Maximum of 1,000,000,000. tokens will be released to bounty manager for distribution to bounty hunters. Max total of 1,010,000,000.
- - - Bounty manager may offer ETH% signature bounty to limited participants. The total ETH for this is limited to 5% of the total ETH at crowd sale conclusion. The ETH for signature bounty will be released to bounty manager for distribution.
- - - All parties that are entitled to a percentage of the received Ethereum will be sent such by consensus permission of the signatory/escrow of the M-S wallet.
- - - Above referenced bounty manager %ETH payment in full. Set at 1% of total ETH held in Multi-Sig wallet at event conclusion.
- - - Multi-Sig wallet escrow signatory (trusted member) %ETH payment. Set at 2% of total ETH held in Multi-Sig wallet at event conclusion. Maximum 5000 ETH total. Divided into 5 parts, with 1/5th payable at token genesis event conclusion, 3/5th payable following burn event, 1/5th payable following beta release.
- - - MetaCode team will receive 20% of the total ETH to cover short term operational expenses.
- - - MetaCode team will arrange for exchange listing(s) at an appropriate
level and expense. This will require some Ethereum from the wallet as
many exchanges require payments for listing new tokens. The payments
can be made directly from the multi-sig wallet. So
the Ethereum will not have to pass through MetaCode teams hands for
this purpose. Ensuring that the funds are used to establish exchange
listings. Escrow signatory is required to authorize such transactions when satisfied that exchange listing(s) will result.
- - - 1,000,000,000 of 3,000,000,000 reserve tokens belonging to MetaCode will be released to MetaCode for the purpose of testing and completion of the technology infrastructure/UI.
- - - A massive surplus of tokens will be created from the crowd sale (landing in the multi-sig) that will have the purpose of a ballast toward token value increase. The way this will work is that a huge amount of the tokens created during the crowd sale will be sent to a burn address in stages after an appropriate amount of time following exchange listing(s). With burn event beginning 10 to 20 days after first exchange listing and token genesis event conclusion.
- - - The total supply of the tokens will be drastically reduced
as a result, causing a supply drop shift in token value. This should
create a stir in the exchanges gaining lots of attention toward the
token. (always good to appear in the top 10 of trending tokens gaining
value). The burns shall happen in stages ( 1/14th of 14 trillion tokens at a time approximately every 1 to 2 days over 14 to 28 days).
- - - The remainder of the Ethereum will be released to MetaCode team. (at least 1 exchange listing must be established) And minimum 14,000,000,000,000. Tokens must be burned after exchange listing for MetaCode to claim the balance of Ethereum in the Multi-Sig token genesis event wallet).
- - - Only after the exchange listing(s) AND the burn of at least 14,000,000,000,000. tokens will half of the remaining reserve portion of tokens (belonging to MetaCode) be released to the MetaCode team. (1,000,000,000. Tokens)
- - - The other half of the reserve tokens will be held back (remaining in
the multi-sig) until after the bare bones MetaCode Engine User
Interface (beta) is released.
- - - One minor concern of course is that less technically adept potential
participants in the crowd sale may not fully understand the high level
of protection that is built into the system as described.
- - - So, the crowd sale will be set to allow token purchase
ahead of the official launch date. At a HIGHER price. Then potential
participants can send a small amount of Ether to the crowd sale
address and instantly receive tokens proving that the system is set up
as promised. Etherscan.io can be used to check that the Ethereum goes to
the proper multi-sig. That way the reliability of the assurances and
protections can be easily tested and demonstrated. This is called system reliability phase.
Exact details of token genesis event:
- - ------------------------------------
#ERC20 Utility Token
# Token Name: MetaCode
# Ticker: MTACD
# Total availability for distribution during token genesis event (including system reliability phase): 10,200,001,000.
# Reserve for MetaCode: 3,000,000,000. tokens
# Reserve for Bounty: 1,000,000,000. tokens (any unused bounty reserve to be burned)
# Reserve for Bounty Manager: 10,000,000. tokens
# Available for system reliability phase: 1000. tokens
# Reserve for burn event as detailed above: 14,000,000,000,000. tokens
# Total maximum tokens to exist pre-burn: 14,014,210,001,000.
# Total maximum tokens to exist after burn: 14,210,001,000.
# Start date of system reliability phase of token genesis event: March 10, 2019 (on or about).
# End date of system reliability phase: April 10, 2019
# System reliability phase token price: 0.1 Ethereum per token (meant to discourage mass purchase during this phase). Potential token genesis event participants are asked to acquire only a single token (or less) during this phase and only for system reliability demonstration purpose.
# Start date of post system reliability phase of ICO (Main Token Genesis Event): April 10, 2019
# End date of Main Token Genesis Event: May 12, 2019
# Main Token Genesis Event token base price: 0.0001 Ethereum per token (10,000. Tokens/ETH)
# Main Token Genesis Event will include a bonus tier (+20% tokens limited to 200,000,000. Bonus tokens on 1,000,000,000. limited supply during bonus tier and for a limited time only).
# Important note: POA Token Genesis Event creates tokens at point of purchase. Therefor any unclaimed tokens available for distribution will not be created.
# Pandoras box ?: NO. Token Genesis Event is unchangeable. No modifications can be made. And no future tokens can be minted post event.
# In the unlikely event that any fork occurs while ETH is held in the Multi-Sig wallet, all forked coins that may be held in the multi-sig wallet will be the exclusive property of MetaCode. And must be released to MetaCode upon request. MetaCode may at MetaCode’s sole discretion, distribute forked coins by a fair and equitable formula to be determined by MetaCode. Or donated to charity.
# The designated escrow signatory (trusted member). Agrees to uphold the rules set out in this document. When each condition is met, then MetaCode will submit for transaction approval the appropriate transaction according to the rules of this document. The escrow signatory MUST NOT allow any transaction that does not follow the rules and conditions set out in this document. And MUST allow any transaction submitted by MetaCode that adheres to the rules and conditions set out in this document.
Note*: All dates and timeframes are (on or about). Some degree of flexibility is allowed with regard to estimated dates and times to allow for delays in communication etc. And in case of unforeseeable circumstances.
- - --------------------------------------------------------------******************-------------------------------------------------
Condition #1: The conclusion of the crowd sale. As of (date/time) the crowd sale will be concluded and condition #1 will have been met.
Condition #1 transaction(s) in order:
# The single largest contributor to the crowd sale determined by the single wallet address containing the largest amount of MetaCode token as shown on etherscan.io at the conclusion of the ICO will receive to that wallet address 1% of the ETH (rounded down to the nearest whole ETH) contained in the multi-sig at that time. Maximum of 9,000. ETH.
# Bounty manager will receive 10,000,000. MetaCode Tokens for performing service. And a maximum of 1,000,000,000. tokens will be released to bounty manager for distribution to bounty hunters.
# Maximum 5%ETH released to bounty manager to pay signature bounty participants.
# Bounty manager %ETH payment in full. Set at 1% of total ETH held in Multi-Sig wallet at event conclusion. (rounded down to nearest whole ETH).
# Multi-Sig wallet escrow signatory (trusted member) %ETH payment of 1/5th of the total escrow payment amount that is 2% of total ETH held in Multi-Sig wallet at event conclusion (Max. 5000 ETH divided into 3 payments). Escrow signatory payment at token genesis event conclusion (condition #1) is: 2% of total ETH at event conclusion capped at 5000 ETH divided by 5 = first of 3 escrow signatory payments. First escrow signatory payment not to exceed 1000 ETH. (Payment is rounded down to nearest whole ETH).
# MetaCode will receive 20% of the total ETH contained in the multi-sig wallet (rounded down to the nearest whole ETH) to cover short term operational and other expenses.
# 1,000,000,000 of 3,000,000,000 reserve tokens belonging to MetaCode will be released to MetaCode for the purpose of testing and completion of the technology infrastructure/UI.
# Arranged token listing(s) on exchange(s) may be put forward by MetaCode. Verified payment for exchange listing(s) may be submitted by MetaCode to exchange address for this purpose. Escrow signatory may request verifiable evidence of validity before authorizing such transactions.
Condition #2: Minimum of 1 exchange listing of MetaCode token.
Condition #2 transaction(s) in order:
# 10 to 20 days following 1st exchange listing and end of token genesis event, the “Burn Event” will be initiated. A total of 14,000,000,000,000. MetaCode tokens will be burned as follows: 1 trillion tokens sent to burn address approximately Every 24 to 48 hours until 14 trillion tokens are burned (destroyed).
Condition #3: Minimum of 1 exchange listing and minimum 14 trillion tokens burned.
Condition #3 transactions:
# The remaining Ethereum (rounded down to nearest whole ETH) less 4/5th of the total escrow signatory payment amount (rounded down to the nearest whole ETH) held in the Multi-sig wallet shall be released to MetaCode. Sufficient ETH must remain in multi-sig to cover remaining escrow signatory payments and to cover transaction costs (GAS) for remaining wallet transactions.
# 1,000,000,000. Tokens released to MetaCode.
# Multi-Sig escrow signatory payment of 3/5th of the total escrow signatory payment amount rounded down to nearest whole ETH. (Total escrow signatory amount is 2% of ETH in multi-sig at end of event Max. 5000 ETH.) Condition #3 escrow signatory payment is 3/5th of total escrow signatory amount. Condition #3 escrow signatory payment amount not to exceed 3000 ETH.
Condition #4: Bare bones MetaCode user interface (beta) is released.
Condition #4 transaction: 1,000,000,000. Tokens released to MetaCode.
# Escrow signatory final payment of 1/5th total escrow signatory payment amount. Not to exceed 1000 ETH.
# Final transaction: Any remaining funds in multi-sig (less gas) will be donated to charity at the sole discretion of the escrow signatory as directed by the escrow signatory.
# The above detailed safeguards guarantee total transparency and security. Ensuring that MetaCode Token Genesis Event is safe and reliable. Maximizing potential MetaCode token holder benefit.
MetaCode.World Team
Bounty Manager: inPRIVACYweBELIEVE https://bitcointalk.org/index.php?action=profile;u=2295681
Signed by MetaCode https://bitcointalk.org/index.php?action=profile;u=2498862
March 08, 2019, 10:39:28 PM
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Quoting for reference. Thank you. |
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Hello everyone, Sorry I was busy and could not update the thread. The management decided to take a break with the campaign because of the upcoming updates in their platform. They might restart the campaign after the updates done. This was from the them: we'll make a short break with the campaign. We have few upcoming updates in the next weeks. We might restart the campaign then. So after this week, I will push the campaign until I hear back from the management. It was nice working with you all. Regards iPwB |
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Application close for this week. No new candidates will be accepted this week. Active the notification for the openings for the next week. I will accept applications after the payment send on the next Monday.
Regars,
iPwB
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Updates on this?
Hello PryptoMontreal, If I skip any application this means I am not interested to it. I hope it is understandable. Regards, iPwB |
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Welcome aboard. Please wear appropriate materials. bitcoinisbest: You have now Hero spot. We still have 2 * Sr. 2 * Legendary spot left. Application will be closed after 23:59 GMT +0 today. |
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Hash: SHA256
u=2295681 (inPRIVACYweBELIEVE) providing my PGP singed message with PGP public key for identification
Date: 18/02/2019
Bitcoin Address Staked: 1PDzAaeFLmb7XcY3Gdqm1nxZF6anSQnA9L
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-----BEGIN BITCOIN SIGNED MESSAGE-----
u=2295681 (inPRIVACYweBELIEVE)
Date: 18/02/2019 signing for PGP public key
Finger print: D16A7AE99D77AA59EFCE1BCEF201260F1DE38389
-----BEGIN SIGNATURE-----
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IKKyw4ZnNzBzf4N//7XrYGuNin1lyahIpcniHE7E3hvaAZxYZUwpeQ5IsoMrgkHITyEymmnyW7RIITz0e+rE1LQ=
-----END BITCOIN SIGNED MESSAGE----- Original Staked address is here. |
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Payment sent to this transaction to qualified candidates:
https://www.blockchain.com/btc/tx/b02ea2f30db88b7ca99400fbad873a2b742157fd9332e29f3990d2d430053e4d✒️ Constructive posts only. Spams will not be paid. I am a fan of ZERO SPAM POLICY.
If you spam, you will not get paid however I do believe in giving benefit of the doubt but if the spam is obvious then you do not get paid. Please read the comments left for individuals in the spreadsheet. I am sorry if you were not get paid. That is because something wrong with your posting habit/quality. Rest assure that I am happy with the campaign standard. Well done guys. Feel free to post here if I miscount your posts. We have new openings:1 * Sr. Member 2 * Legendary member Application closing time: 19 th Feb 23:59 GMT +0 Apply now! Regards, iPwB
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No more new application for this week. If you were accepted then your username will be in the spreadsheet. Please also double check your bitcoin address. For any q/a please post it here instead of PMing me.
Regards,
iPwB
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BitcoinTalk username: justspare Profile Link: https://bitcointalk.org/index.php?action=profile;u=386997Rank to apply: Hero Member Current post count (including this): 2066 nanogames username: justspare BTC address: bc1qx2j0nfxncyy9lxcvpuyuqupzu4ddu666dalszr Have you joined Discord: Yes Have you joined Facebook, twitter and other media: Yes BitcoinTalk username: bitcoinisbest Profile Link: https://bitcointalk.org/index.php?action=profile;u=893749Rank to apply: Senior/Hero Current post count (including this): 2779 nanogames username: Udbswfqpb BTC address: 3EFaRHLRcqdQavoCL4zzhAcuERgRSGjtTU Have you joined Discord: Yes Have you joined Facebook, twitter and other media: Yes Ready to join as Senior member if Hero slots get full. I gave you a Sr. slot. You will rank up first when a Hero is available BitcoinTalk username: bitcoin-shark Profile Link: https://bitcointalk.org/index.php?action=profile;u=843439Rank to apply: Hero Member Current post count (including this): 2688 nanogames username: bitcoinshark BTC address: 34wKewtZTLUjHh6HmfqAggJG7qujYiErzr Have you joined Discord: Yes Have you joined Facebook, twitter and other media: later if accepted I'm okay with any slot... I gave you a Sr. slot. You will rank up end when a Hero is available Welcome aboard!There are 1 * Legendary slot available only. Apply asap. Application close after 23:59 today GMT +0 EDIT: Archived before deleting unnecessary posts. |
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