The sucess of the coin depends from developers and its supporters, because the work will be done by each one of us directly soo as a team we can reach bigger value then we do have right now, the captcha service is a hard work which i expect that will influence positively the coin distribution as well the price.

Official Blog Post: https://steemit.com/thirsty/@thirsty/announcement-thirsty-entertainment-crowd-sale-march-1st-march-31st

Why Thirsty Entertainment?

User-generated content has created a multi-billion-dollar industry for social media companies. However, the value generated by this content is disproportionately returned to creators.

Creators are not guaranteed monetary returns, despite the user retention and ad revenue they create for each platform and its shareholders. For this reason, Thirsty Entertainment is creating digital distribution solutions for all types of content creators.

Creating innovative digital distribution platforms and techniques, Thirsty Entertainment is setting a new technological standard for old distribution industries by incorporating financial technologies such as cryptocurrencies. While also utilizing database technologies, Thirsty Entertainment provides a class of client-business trust not traditionally found in business.

Legally registered and operated, Thirsty Entertainment revolutionizes the way that businesses are operated on the internet.

THIRSTY - User Issued Asset

Thirsty Entertainment has chosen to issue shares using the Bitshares network. This allows those with executive permission in the the company to control and delegate stakes to investors in a private and secure way.

Bitshares network

The bitshares 2.0 blockchain uses delegated proof-of-stake methods to sign data into their database. Using this method, they have created an easy way for companies to create, issue, and sell company assets. This allows us to easily & securely share ownership of our company with potential investors.

Limited Supply

The ability to create and issue assets at our own discretion allows us to limit the supply of shares being bought & sold. This removes the drawback of over-inflation for company's with asset minting algorithms, and instead increases the demand for shares on our network, also allowing us to create share incentives for investors.

Stock splits

As demand for shares increases, it becomes essential to increase supply. To do so, stock splits will become an integral part of our share structure as an incentive for early investors. Doubling the amount of assets held by share holders gives share holders an opportunity to depart with the excess they receive, therefore increasing the amount of assets available on the market. Stock splits also increase the attraction to hold shares, knowing that if a price is x amount and the amount of assets the investor holds, doubles, the total estimated value of that portfolio also doubles.

Dividends

Dividends will be issued to those who hold shares in our company using the OpenLedger exchange on the Bitshares network. This is an incentive for investors to buy & hold our shares. Dividends will be issued annually and a decided percentage of net profit made during the previous financial is to be dispersed among THIRSTY holders.

Legally registered company

A part of our strategic direction is ensuring our business operations remain regulated by law. Part of running a successful company includes trust, and by remaining a legally compliant company we can be held accountable to share holders. Although the use of database technology provides a public ledger of our activity, we believe it's also essential to include old industry standards and set a standard of accountability for businesses operating on financial tech platforms.

Company delegates

"There is a drawback ... namely, a centralized issuance of new tokens. To some extent, this could be managed by a hierarchical multi-signature issuer account that prevents any single entity from issuing new coins but instead requires a consensus among an arbitrary set of people to agree on any changes to the coin"

Permissions of control over asset issuance & creation is to be delegated to our senior executives, namely our CEO, Thomas Kohi, and our co-founder and managing partner, Troy Shrimp. Without the permission of all delegated seniors, assets cannot be issued and their permissions cannot be changed. Using this multi-signature method on the Bitshares network, we create more strict asset issuance that requires directorial consensus.

Share Structure

The share structure we have chosen follows a more traditional method used by most start ups. A majority of our initial shares are distributed between our founders & seed investors for the contributions they make to the development of the business. The rest of our shares are to be distributed to those who contribute to our crowd sale. Below is an overview of the percentages issued before & after the crowd sale before being available on the market.

Initial Shares Issued

100,000 THIRSTY Issued Assets have been created on the Bitshares network:

30% employees (30,000)
30% founder (30,000)
25% co-founder (25,000)
15% seed investors (15,000)

Employee Share Incentive

2000 THIRSTY Issued Assets are to be split among employees each week, excluding the founder and co-founder. This share incentive is set to expire following THIRSTY Crowd Sale (March 31st), at which point all staff will be paid a regular wage.

Crowd Sale Issuance

An additional 25% (25,000) THIRSTY Issued Assets are to be created and issued to investors at the end of our crowd sale (March 31st). The amount issued to each investor is decided upon the percentage of capital they contribute during the sale (% of 25,000,000 THIRSTY = % of total capital contribution).

Stock Splits

There are to be three stock splits before THIRSTY issued assets are released to the public. Each split is to occur every two months starting one month after the initial crowd sale issuance.

April 30th: 125,000x 2 = 250,000
July 30th: 250,000 x 2 = 500,000
September 30th: 500,000 x 2 = 1,000,000

Initial Public Offering

All 1,000,000 assets created in the coming months are scheduled to become available to trade on the OpenLedger exchange come October 2017. Our main asset pair will be THIRSTY/BTC.

The initial share price will be determined by the post-money valuation: (Capital raised + net worth) ÷ 1,000,000 = Initial Share Price.

Future Asset Issuance

Future asset issuance, such as stock splits and buy backs, is to be decided by the board of directors to be appointed by the majority shareholders.

Capital Allocation

The funding raised during this crowd sale is to be delegated toward our company sectors. Each sector has been delegated a percentage appropriate to its immediate priority*.

Streams Application

30% of our capital is to be dedicated to our music streaming platform, built on the Steem blockchain, as this is our most innovative project in 2017. The development of this platform is crucial to the growth of our business as it provides a distribution network for our music label and others, and also opens up potential revenue streams for our business. The Streams application targets a wide demographic which will help us to adopt a large market audience quickly.

Thirsty Records

25% of our capital is to be dedicated to our music label, the world’s first global music label distributed on blockchain networks. Thirsty Records harnesses the untapped cryptocurrency market to distribute musicians, whilst generating revenue through the production services delivered. Thirsty Records will be based in each of our global headquarters, the first of which is based in Brisbane, Australia. Each studio will contain state-of-the-art production equipment and software in order to provide content creators with the most professional quality media.

Research & Development

15% of our capital is to be dedicated to research & development of new technologies. With the launch of our first streaming service, our next goal is to create multiple networking platforms for different types of media distribution, such as video, text, and games. Our research & development team will be responsible for growth into other market sectors.

Labour

12% of our capital is to be dedicated to our staffing and wages. Until our revenue streams are producing sustainable income, we will be paying our staff wages with 12% of the capital raised during our crowd sale. This also includes the salary of employees yet to join our team, and any excess funds not spent go back into our capital fund to be spread across our other sectors. Our staff are very important to our company’s success.

Legal & Licensing

5% of our capital is to be dedicated to the ongoing upkeep of our legal responsibilities as a registered company. This allows us to pay for legal consultancy and for us to pay for licenses.

Real Estate

5% of our capital raised will be dedicated to global expansion. The funds allocated to real estate allows us to base ourselves in different cities.

Marketing

5% of our capital is to be allocated to marketing. Marketing is a very important part of business, and as such, a marketing team will continue to advertise us through different outlets. Funds will be used to further market the Thirsty brand.

Merchandising

2% of our capital is to be allocated to merchandising. Merchandising is a small part of our business model and is only there to help market our brand. As such, a small amount of capital will be dedicated to merchandising.

*Capital contributions are subject to change as our projects develop

Crowd Sale

Time frame

Our crowd sale starts on March 1st and will continue until March 31st. This gives investors one month to get involved. After our crowd sale, all those who contributed capital will be able to see their asset amounts on our web page. The assets you've accumulate during & after the crowd sale will be issued to investors on the day before assets become available on public exchanges.

Investor registration

Investors will be able to register on our website - https://thirsty.online - and access their account. At the end of the crowd sale, their account dashboard will display the total amount of THIRSTY assets to be issued to them at a later date. At the time of each stock split, registered investors will receive double the amount they hold in their account.

Upon registration, investors will be required to enter their OpenLedger account details to receive their share. If you are interested in investing and do not have an OpenLedger account, you can register here: https://bitshares.openledger.info/

All assets issued will be frozen and non-transferable until the date we release our assets to the public for trading.

Purchases

To contribute to the crowd sale, you will be able to do so from your account on our website. As stated above, your account will need to be linked to your OpenLedger account. Contribution options will be available in different currencies, primarily with Bitcoin and Paypal. As discussed, the amount you receive at the end of the crowd sale will be determined by the percentage you contributed during the crowd sale.

Summary

The reason for our crowd sale is to give investors the opportunity to involve themselves in an innovative business concept that covers all aspects of media distribution. Our philosophy is to provide fair & rewarding opportunities for users and investors on our platforms. Our team is 100% committed to seeing the Thirsty Entertainment company succeed, both for ourselves and for those who use our services.

Sign up on to our mailing list on https://thirsty.online to receive direct updates on access to our crowd sale.

For other inquiries, email us at contact@thirsty.online


Interested in joining the team?

We are currently looking for front & back end developers to join our team.

For more information, forward your expression of interest to: contact@thirsty.online


Follow our Social Media feeds for future updates
Website: https://thirsty.online
Steemit: www.steemit.com/@thirsty
Facebook: https://www.facebook.com/thirstyofficial
Twitter: https://twitter.com/ThirstyOfficial
Medium: https://medium.com/@contact_35388
Reddit: https://www.reddit.com/user/thirstyentertainment/
Instagram: @thirstyentertainment or https://www.instagram.com/thirstyentertainment
Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/
Google +: https://plus.google.com/u/0/110699929321675267115
Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g
Pinterest: https://au.pinterest.com/thirstyentertai/

Streams - A Music Streaming Service for the Steem Blockchain: https://streams.global

Whitepaper: https://drive.google.com/file/d/0BySLqWQtxnkGdjJ2VWlDdnZveXM/view

Thirsty Entertainment is a registered and trademarked Australian Business. The content and images shared herein are copyright 2017 Thirsty®. All rights reserved. ABN: 37440459113

Seems to be a bad timing to join this coin.

LAST DAY TO SWAP YOUR COINS, MAKE SURE TO SWAP ASAP!

If you need any support please contact dopecoindude in the forum or email to support@dopecoin.com

Do we know when the new website will go live?

Thank you very much

It seems to me that something of what we are constantly told, is only now putting everything in its place, they wrote not once about that SCN is HYIP built supposedly on blockchain, but in fact this coin no relation to the real cryptocurrency has not, in the end is now many paid for their credibility

actual total amount of PAC? on the ANN is something with 500 coins per block...around 1.3 mio blocks = 650 million coins...in my case:  only the coins from one exchange are over 30 billion!

confused

Hi all!
Downloaded last zip from github and compiled it on my Ubuntu...

It works!!!

Thank you CryptoCoderz!!!


Only I had to do this before qmake and make:

cd src/leveldb/
chmod +x build_detect_platform
make libleveldb.a
make libmemenv.a

Don't really know what it is for but I used it in the past when things didn't work and it seems to fix things 

Hope it can help.

Bounty for german translation?

OMFG. You can quit hurting your brain with making up arguments like these and just reply with "I don't like Dash" to every post. This will deliver the same amount of information

1. There is zero information on them breaking CoinJoin either so it doesn't prove anything. I assume they just work together with honeypot mixer operators or use some flaws in certain implementations. If there are some known flaws in Dash privacy implementation, post them here.

2. I agree, it's not perfect, but it is as easy as it gets. If thinking several hours ahead and making 2 extra mouse clicks is "lame-ass" for you then I can't help you and you better not use crypto at all. And you must already be having trouble with planning your personal finances using regular money.

3. Changing the topic to instamine means you agree that "deceptively hidden" was not true, ok But you can quote Evan telling about MNs to prove that he was hiding them again, it's fun.

The instamine may have been intentional, maybe not. But hiding information on masternodes? WTF?

Ha! That's true: this will be the first of it's kind in a voting consensus matter. Pretty stoked

Somebody read the WP?  http://naut.systems/whitepaper.pdf

"At the time of writing the the annual fee for both administration by nSys and real time
audit via PAR are expected to be $12,500 per year or 6,000 NAUT tokens. This would impute a
system fee value of $2.08 per NAUT.
$12, 500 ÷ 6, 000 ≈ $2.08
"

What do you think about it?

Stop blaming everyone. While we are complaining and busy here some whales are micro-buying. Its accumulation time while its still in the best price. So for those impatient you can sell your coins now for the real traders or investors to obtain. lol


Nice to catch some dumps. 

you're right mate , can't believe there are people wasting their time posting shit comments if they don't believe in this coin at all.

up

My throne doesn't have a throne.conf, except an empty one that seems to be autogenerated.  I just want to run it, in the simplest possible way - up until now that was to have it "hot" and just run "throne start <password>" on the actual server.  That seems to no longer work for me.

I'm happy with any other way that works - awaiting your test results.  Thanks!

i think wBtc only token asset waves not bitcoin balance
so if you want sending to bitcoin addres the first must exchange to bitcoin, but waves system not yet open decentralize exchange service
this plan Q1 in 2017 can open decentralize exchange service

I am going to arrange mining rig in a day or two so would like to mine this coin in couple of days. I think till then things will be settled down and fixed if any issue appears which is normal thing to be seen at start. Total supply and block rewards looks interesting which can give some good value to this coin.

So at the end of the month the team will reveal a new roadmap full of wonderful developments or will coincide with a marketing campaign aimed at increasing awareness / or a combination of both? I think the recent example of creditbit is useful, both as development and marketing strategy / ads etc.
What do you guys think?

This market is a big bomb. just look at the market liquididy.

Since Ico we are X12 now. it means that if someone invested 1BTC has now 12 BTC after only 1 month !!!!!!!!!!!!!!!!!!!!!!!!!!!

And now just check if it is the real Price:

Around 85BTC were invested during ICO so we have Around 1020BTC Holdings on USERS

and now only 10% will sell because of a Panic or negative news or somethink else (10% is nothing)

so 102BTC will sell. Just look what happened to the Price -----> 0 !!!!!!!!!!!!!!!!!!!!!!!!!!!

And thats the game on every Scam Coin. 90-95% of the Users are loosing all the money, 5% makes Profits.

The biggest gainer are the Exchanges and Devs. Devs get all the BTC from ICO and have also a big stack of theier Scam Tokens. Exchanges like Yobit are also risky for starting a dump. they get every day 0.25% fees from the tokenvolume so on high volume they get 0,5 - 1 BTC Fees. they collect this and than DUMP...

And furtermore, you think really someone will pay for watching a Movie or pay for someone who will add the movie in future? If I wanted to watch a Movie i will it now and if I wanted to pay I use legal Services. The Persons on Crypto never will pay for anythink, you can get it for free. Open your Eyes Crypto people are nerds and know where to get anythink for free. The only think why the value is raising is hope. Hope for quick buck. In some weeks I will bring this Post again and we will see how many people are crying here because of loosing their money

Good luck to all...



Furthermore they are not two DEV´s here, I dont know why the DEV is doing a new ICO and a new Account but it is one and the same Person. Just look the writting Style and the errors in writting. Everytime the same.