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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO][BOUNTY] ALLOYCOIN 🌟ASSET🌟BACKED🌟CRYPTO🌟WITH A🌟SAFETY🌟NET on: December 25, 2017, 06:01:13 AM
Whoa that's actually pretty cool! I just looked through your white paper Smiley  This is refreshing. Nice to see teams actually innovating instead of just launching another coin.

Could Alloy Coin be used by banks and other financial institutions as a way to make them more decentralized? From my understanding, the Reserve is built into the block-chain which gives miners a way of holding Alloy Reserve accountable. I like that haha no offense.
It seems like this technology would be really useful in the finance industry. Has your team considered marketing Alloy Coin in that direction?

- Nice website btw, I just subscribed Grin

Thanks CryptoCopia,

I'm glad you like our mission Smiley We certainly don't want to be just another coin! There are enough cryptos for the sake of being crypto.

AlloyCoin absolutely can be used for financial institutions and in fact, some of the inspiration for its idea is borrowed from fiat currencies. The idea of a Reserve is akin to something like the Federal Reserve. The idea of a price floor and being asset-backed is supposed to resemble the idea of the "Gold Standard". Even our name comes from the concept of Alloying the worlds of crypto and fiat currency to introduce stability and decentralization. Alloy aims to be the bridge between crypto and fiat.

We don't take offense to being held accountable haha Smiley AlloyCoin's blockchain was designed so that Alloy Reserve's business interests and the health of the blockchain are aligned. We want to be held accountable by our community. Plus as a U.S. company, we'll need to meet certain SEC regulations as well. That's part of the reason why our pre-sale and ICO rollout has been a little slow in spite of having a working testnet. We want to make sure we do it correctly.

Thanks for subscribing, I'm glad you liked our website! I actually helped with designing the landing page  Grin


Cool, love this project!

Your one of the more interesting ones I've seen in a long time.

Also, I just got my first bounty reward, yay! You guys should increase the subscription reward to be more than 0.15 lol Cheesy
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO][BOUNTY] ALLOYCOIN 🌟ASSET🌟BACKED🌟CRYPTO🌟WITH A🌟SAFETY🌟NET on: December 25, 2017, 03:29:45 AM
Whoa that's actually pretty cool! I just looked through your white paper Smiley  This is refreshing. Nice to see teams actually innovating instead of just launching another coin.

Could Alloy Coin be used by banks and other financial institutions as a way to make them more decentralized? From my understanding, the Reserve is built into the block-chain which gives miners a way of holding Alloy Reserve accountable. I like that haha no offense.
It seems like this technology would be really useful in the finance industry. Has your team considered marketing Alloy Coin in that direction?

- Nice website btw, I just subscribed Grin
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