I apologize, I want to respond to you folks individually and they were first in line.

We will not reach 100 trillion coins for years, decades even. We want to price it for the user for initial growth so it can build in value over time. We want room for lots of sustainable, long term growth and hopefully it will reach $1.5 billion some day. The effective market cap coming out of the IPO will probably be around $12,000 according to our estimates, so hitting $1.5 billion will take quite a while. The physical backing of the coin, the GryfenVault, will eventually raise the market cap as the coin matures.

Why thank you. So, for everyone who was complaining about the structure and tl:dr, how is it now? Please let me know if there is anything more I can do, if I haven't done enough, etc. I want your feedback. I want it.

Be more constructive with your feedback.

We need the IPO to finish the work on the coin.

GryfenCoin
GryfX - Cryptocurrency Options Trading

Gryfx v5.0.1 User Interface Demonstration
https://youtu.be/f6oi14CaZFI

Ticker: GRYF

Officially Launched on August 20th, 2014

Official Website: http://www.GryfenCoin.Com , http://www.GryfenCo.in , http://www.GryfenCryp.to

GryfenCoin White Paper

GryfenCoin Wallet Downloads for Windows and Linux:
GryfenCoin Windows Install*Updated
GryfenCoin Linux Install*Updated

GryfenCoin Wallet Download for Apple/Mac
Mac Wallet
https://www.dropbox.com/s/p2gpx675qs8gtse/GryfenCoin-Qt-mac.zip?dl=0

Bitcoin Rush Ep. #20
Bitcoin Rush Open Minute with Tyler & Stefano

Troubleshooting, Getting Started, Wallet Backup and Recovery
Wallet Installation, Basics of GryfenCoin, Start Mining
Wallet Recovery, Troubleshooting, Reinstall

Miner
CPU Miner*Updated
GPU Miner Windows(SG Miner)
PLEASE VIEW GRYFENCRYPTO FOLDER 'README' FILE FOR INFORMATION REGARDING GRYFENCOIN
     Note: Users must change password first in file "gryfenmin.bat"(batch) where coin is installed(Program Files,etc). Then update according to README.


Introduction

GryfX is the first options market dealing in cryptocurrency. It is fueled and backed by the GryfenCoin cryptocurrency. Our company is dedicated to an eclectic, methodological approach in our mission to provide financial derivatives to the crypto economy. We are the most transparent developer team in cryptocurrency. Want proof? Just check our website.

The GryfX options market allows you to buy, sell, trade and execute on cryptocurrency altcoin options as well as allowing you to send, receive and invest in GryfenCoin.  Using GryfenCoin you can speculate on the performance of other Altcoins during any market state.  This means that you can profit on altcoins even when they are going down - and most of them go down.

You can hedge your bets and purchase many options and only execute on the ones that look attractive - and you can use your hard-learned inside crypto knowledge to your advantage here. Speculators, now you can profit from coin fluctuations without so much as touching that toxic shitcoin itself.

We accept deposits directly in Bitcoin & GryfenCoin, plus you can purchase coins with a debit or credit card. You can pull GryfenCoin in, profit on a few trades, transfer your coins out and trade them for Bitcoin.

Future development is always on our mind. We will be expanding our platform into other financial derivatives like futures and swaps.

What we’ve done so far:

GryfX Trade Platform built: ~500 User Accounts , many additional options.
Forged new relationships with trade firms in Italy, United States & Switzerland that have expressed interest in trading on GryfX.

GryfenCoin is still going, blockchain still maintained, any coins mined are destroyed or sold on GryfX - depending on how we want to affect the money supply.

GryfX Offers ready - freemium side of the house let’s novice traders have access to the market by allowing them to complete advertisements and other offers for Bitcoin & GryfenCoin.

GryfenCrypto converted to Gry.io; services GryfX with unspun real articles, 100,000 user accounts.  Gryio is a collection of mainly editorialized crypto news stories, often responding to the releases of the biggest outfits.  Also includes currency and commodity issues as well.  Helps users see through the smog.

Spin Off-> GryfX WW ->  We’ve created a tool that is an aggregation of the top economic sources worldwide that delivers anything pertinent to any markets worldwide.  With this tool you’ll have a very good idea what the markets are doing, from a host of indicators, and you’ll get real time updates of everything.




Specs and Links

Block Explorer
http://gryf.explorer.ssdpool.com:9097/

Specifications
http://gryfenco.in/specs

1. X15 Algorithm PoW/PoS
2. 1 trillion- total supply
3. Block time: 60 seconds
4. Fluctuating Difficulty Level with SuperBlocks, Bonus Zones, Regular Blocks

    Premine: 0.25% reducing to 0.025%-0.050% to fuel and back the options market.
         Block #1 is pre-mine, of 0.0025 X 1 Trillion = 2.5 Billion Premine for backing Options Market
         Block #2-100 = 1 GRFY
         Block #101-500 = 2 GRYF
         Block #501 -1000 = 4 GRFY
         Block #1001 - End = Random rewards as noted below

    Block Rewards Halving Yearly:
       ~74% Chance of 50 GRFY
        ~24% Chance of 500 GRFY
        0.4% Chance of 2,500 GRFY
        0.2% Chance of 5,000 GRFY
        0.1% Chance of 50,000 GRFY

5. 120 confirmations for blocks to mature.
6. Proof of Stake Interest: 3% per year, 24 hour minting cycle.


GryfenCrypto supports all projects for pools and exchanges, but does not officially endorse or disparage any exchanges/pools noted.

Exchanges:
FobCoin Exchange
Help get us listed on AskCoin - Vote @ https://askcoin.net/votes#GRYF
  
Pools:
Minerpools
HashHarder - no registration needed
GoldMin.es - no registration needed
Gryfen.Cryptoday.Info -registration needed

Source Code:
GryfenCoin Github



What we’re going to do or working on now

New Account Classes:

   -  GryfenCoin Broker (Requires $20 license and 500,000 GRYF refundable Deposit)
   -  Bitcoin Trader (Requires $50 license and BTC Deposit)
   -  Bitcoin Broker (Requires $100 license and 1 BTC Deposit)

Pre-order API Access: limited stock, first come first serve ($150 down, $300/mo license, 1 BTC Deposit)
Gryf-BTC Escrow + larger BTC & GRYF Deposit (Requires $100 license and 1 BTC Deposit)
Gryf-BTC Escrow - Buyer Access (Requires $5 license)
Negative interest rate protection
Margin Broker Account + deposit
Margin Trader Account + minideposit


Company/Product Promotions
If you want your product featured in GryfX offers we can work together to set a budget and figure out the level of engagement you need, in which markets, and you’ll only be billed for results.  For GryfX Offers promotion please contact Tyler(@Zigbs)



Social Media:

Twitter: https://twitter.com/gryfencoin
Plus, as a lot of you have noticed there will be more and more characters in the GryfenWorld and we look forward to the interactions

Facebook: https://www.facebook.com/gryfencoin

Reddit: http://www.reddit.com/r/GryfenCrypto/

Contact: GryfenCoin@Gmail.com

We welcome all constructive comments and suggestions and will be monitoring this thread.

Subscribe to our newsletter http://gryfenco.us3.list-manage.com/subscribe?u=182e18e14a8ddd89001f21418&id=ea955d5e2f  

Why? Who came up with that number? Why not 42coin (been done)? Why not 3 coins? There are literally hundreds of altcoins that just do the same thing over and over again, we are pushing something new. We don't really care about having an explosive coin that kills it in the first few months, we want something that grows and thrives over the long term.

Thank you for your questions. With regards to supply: it is not quite as big as 100 trillion might seem, at least not in the short run. In the first year there would only be up to ten billion active coins, accounting for all the ways they can be created.

We have 100 trillion coins because we want this to become a medium of exchange, not just a commodity. We also want it to last for a long time, and it will take decades for all the coins to be brought to market.

We are completely open to changing the PoS/ PoW caps. One of the solutions we are thinking about is that the max PoS blocks will increase at a small variable rate comparable to the PoW, but we have a number of ideas in the works. I like this feedback though, keep it up!

We're discussing the details of the PoS 4 week out Pre-order/IPO/Crowd Funding with a trusted escrow on Bitcointalk.org that Katie has been in touch with.  We are discussing the amount of funds needed, the disbursement of the funds, the insurance of delivery, etc and will start this Monday, July 15th, 2014.

It should take about 4-6 weeks to develop and we also concurrently are working on the Gryfen.co cryptocurrency options market web app & Android App, and a Big Data Altcoin insights program.  The only thing the funds would be used for would be for developing the coin.  

As far as domains.  Our Blog/homepage is http://www.GryfenCryp.to and we own http://www.GryfenCoin.com as well as http://www.Gryfen.co , http://www.gryfenco.in and http://www.GryfenCrypto.com.

We'll have forwarding up on all those domains by the end of the night to avoid any further confusion

Maybe. Maybe not.

With regards to X22, we don't want GPU farming or ASICs, we want a real market. It's weird as hell, no one else is doing it, and at no point do we want to have the same algo as others. If others copy us then we'll change it. We're doing X22 before it will be cool, and will be doing the next thing before that's cool too.

Ticker: GFC

Official Website: http://www.Gryfen.Co , http://www.GryfenCo.in , http://www.GryfenCryp.to

This thread is no longer supported, please go to the latest Announcement Thread:
https://bitcointalk.org/index.php?topic=699388


Social Media:

Twitter: @GryfenCoin
Facebook: Gryfen Coin
Reddit: r/GryfenCoin

Contact: GryfenCoin@Gmail.com

When is the coin due back?