Hello

1 MIT = $1 in the pre sale but it is buy 1 get 1 free.

That means you get 2 MIT if you buy 1 MIT. The recommend starting sale price for the exchanges is also $1, that means if everybody does that the presale investors can double their investment on day 1, since they technically only paid 50 cent per 1 MIT.

The presale is 250.000 MIT so 500.000 MIT will be distributed in the presale. I am also giving away another 200.000 MIT for free to musicians and industry professionals like live music cafe owner, music label owner, producer, DJ, etc. This group will then start mailing retailers with a desire to spend their MIT.

ANNOUNCEMENT : THE MIT PROJECT IS LIVE!

I have just received the total supply of 1 Million MIT!



How to make an MIT receiving adress inside the Sirius wallet : ERC20->add token->Paste contract address top right-> Choose token address ->confirm->Right mouse on MIT in the list->copy receive address

You will soon be able to buy music related items such as instruments, strings, picks, amps, effect pedals and songs etc with MIT Musical Instrument token, my project on top of Sirius. So then you can buy MIT with BTC and do what this thread was about indirectly through an exchange.

I will also be giving away 200k MIT (20% of total) for FREE to musicians and industry related professionals.

https://bitcointalk.org/index.php?topic=2723537.new

The wallet will receive extra Sirius if you leave it on. Every time 2.5.

You can choose a reserve in the menu that will not stake.

Quote from : masterbruce

"Looks promissing... what is the timescale for all of the distribution stages?"

I don`t know sorry. I am not Sirius team, I am the founder and manager of MIT, the first smart contract in the world on Sirius. Although both project share dev resources they are individual projects. I do know that these devs are some of the best crypto devs in the world so everything will be alright.

MIT ann : https://bitcointalk.org/index.php?topic=2723537.new

MIT slack channel : https://sirx.slack.com/messages/C8S469HCN

Yes, and only 250.000 MIT can be purchased in the presale. Every 1 MIT bought in the presale will come with 1 free MIT.

Another 200.000 MIT will be given away for free to professional musicians and related industry professionals who meet the criteria.

I have read every post on this thread yesterday and I see a lot of the same questions.

This is a multi stage distribution, this is what one of the founders said : Everyone will have a chance...

Sirius has great community momentum right now and the devs behind it are some of the best crypto devs in the world.

MIT will be the worlds first smart contract layer on sirius but I think many more will follow.

It is confirmed to be the worlds first smart contract on Sirius.

MIT is my intellectual property. Getting MIT adopted in global retail takes a lot of work and it will take years. I do not work for free (you get what you pay for).

I don`t think it is unfair If I spend a lot of time, effort and money developing a proprietary recipe for a cake, and then I bake the cake and cut it into 10 slices and take 1 out of 10 slices for myself and give away 4.5 slices for free.

If you watch Shark Tank you will see that none of the entrepreneurs gets exited or stays incentivised with 3%.

I will publicly disclose what I sell and when, I start selling a bit when MIT = $10.

I`m also giving away 450.000 MIT for free (45% of total) so there really is no issue.

MIT - Musical Instrument Token.

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Website under construction! https://www.mitcrypto.tech/sources/

Source : https://github.com/siriuscore/sirius

Windows : https://github.com/siriuscore/sirius/blob/master/sirius-qt-windows-x64-0.3.zip



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MIT uses :

-Trade MIT for musical instruments and related gear like amps, effect pedals, strings, midi keyboard, studio monitors, etc (not yet accepted in music retail).

-Tip a musician you like so they can trade it for instruments or related gear.

-Trade on exchanges for other crypto`s or for Dollar or Euro or other currencies (not yet on an exchange).

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Technical specs :

-MIT is the worlds first ECR20 smart contract token on top of Sirius (SIRX)

Sirius : https://bitcointalk.org/index.php?topic=2609407.msg26554466#msg26554466

ERC20 token standard : https://theethereum.wiki/w/index.php/ERC20_Token_Standard

-Sirius is built on top of Quantum (QTUM) : https://qtum.org/en/

-QTUM whitepaper : https://qtum.org/uploads/files/a2772efe4dc8ed1100319c6480195fb1.pdf

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-Pre sale = $1 per 1 MIT.
-Total MIT = 1 million.
-Recommended Exchange starting value $1.

Distribution of 1M MIT:

250.000 MIT       Presale MIT.
250.000 MIT       Buy 1 MIT, get 1 MIT free.
200.000 MIT       Development fund / Bounties.
200.000 MIT       Free giveaway to musicians, guitar builders and industry professionals who meet the criteria (stimulate retail adoption).
100.000 MIT       Founder Koen Klijnsmit.

-100% of the $250.000 raised with the presale of 250.000 MIT will go to the financing of Klijnsmit Guitars, I`m giving away 25 custom guitars if the MIT pre sale is sold out..

https://www.instagram.com/klijnsmitguitars/

The private sale is not live at this time

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MIT sources

Wallet download process : https://docs.google.com/document/d/1lmxmWA2wTXp3OD7LXeuaOHA4vztswrxSfFFIzy6vLlo/edit?usp=sharing

The wallet process looks complicated now but will soon be a short and fun step by step animation with screenshots of what to do.

MIT Sources : https://docs.google.com/spreadsheets/d/e/2PACX-1vTXzVBddV9_Kx9Img1cpqLqit8FybTrYdCZ_aerIRbUzwMGgRURS4HeIUuGuNboRfVd7HQJmB3IzhBr/pubhtml?gid=389640208&single=true

Sirius thread : https://bitcointalk.org/index.php?topic=2609407.new#new

MIT slack channel : https://sirx.slack.com/messages/C8S469HCN

MIT terms : https://docs.google.com/document/d/e/2PACX-1vRn5UWIve8V5PzrBNVYDcciW7azGPIU4qeB-eoPuzOdTO59UPJ4xvw7eJZrYKgBuKqFheXWPH9lVyLa/pub

MIT Bounty list : https://docs.google.com/spreadsheets/d/e/2PACX-1vRI5gZ7ucQVPQ-doF6QI_XdFZj4Gqj7mAZlCjjkSVdqPpbmlZ7qGDldh6Q79_AwZDG53OgKCoeMBpXh/pubhtml?gid=0&single=true

Yes, 1 million total MIT.

Yes.

I am very pleased to announce that the first token on top of Sirius (smart contract) will be MIT - Musical Instrument Token. The token will be used to buy and sell items like musical instruments, amps, effect pedals, strings and picks.

The musical instrument market will be $20 billion in 2020.

MIT pre sale ann : https://bitcointalk.org/index.php?topic=2723537.msg27869919#msg27869919

I will be managing the MIT project.

Koen Klijnsmit / bumface.

I am very pleased to announce that MIT will be the first token on top of Sirius as a smart contract.

https://bitcointalk.org/index.php?topic=2609407.0

The new MIT will be very different, almost none of the terms in this thread will apply. There will be a new thread and a new pre sale, without 55 pages of terms, MIT will no longer be linked to Klijnsmit Guitars, there will be no MIT buy back.

More information soon.

The pre sale listed in post 1 is NOT active right now