If you're looking to sell GryfenCoin we're open to buying it back, just let us know how much you have and what your asking price is.

The Basic Crypto Offers section is online.  You'll see offers in the buy options screen.  They're just $GRYF for right now, but once we've worked a few things out BTC offers and BTC options will be available soon.  We'll be doing tests every single day this week with our Offers section so expect rapid developments. 

We're also fully translating GryfX for Spanish, Italian, Portuguese, & Russian and will be providing offers for those users.

We're working on a coin automation system now where coins will be added and dropped to GryfX on the fly -with their volume increases & decreases.  If a coin you have an option pending on gets delisted your option will still be seen through, you'll just no longer be able to speculate on that coin for that time.  If a coin is delisted from Bittrex then the contracts outstanding are refunded plus a % to the users.

We're adding Sling, Elektron, Positron, Bytecent, Dash, StartCoin, NexusNiro, SpreadCoin, NuBits, Syscoin, Neutron, Crave, Gold Pieces, and Hyper.  Removed a ton of coins with low volume.

We added another option; a total of 5 options for now.  Will be adding trade video.  Dropping a bunch of coins and adding a bunch.

Adding Dash for sure, I'll let you know how the rest of the affected coins go.

We aren't running the faucet any longer.  You'll either need to buy coins, mine coins, or stake the ones you have.

Alex I would hold off on that if I were you, check out the content in the updated post and check out the updated GryfX.  We're pulling some big players into our market and there will be ample opportunities to cash out at a higher market rate than you could possibly get now.

Hey there, we're really sorry for the lack of communication when we were in deep development.  We had limited time and resources so we decided to opt for development rather than communication.  But that was a mistake on our part because we could have done more to uphold strong communications with our users.  From now on we're making an active effort to provide a great experience for the user from all angles.

Tyler will make a better effort to communicate with everyone now that we have something worth communicating about.
If you ever need to get in touch with Tyler his email address is zigbs.zigbs@gmail.com , his twitter is @Zigbs, or you can text his google voice # at 520 955 8113 - and he always responds.

New info posted in original post, check it out.

GryfenCoin is going to be moving up considerably on the AskCoin Exchange.   Just made some votes.

Version 1.0 is out.  We're going to be adding 4-6 new types of options and everything else to "flesh it out"

However we're adding in features one at a time - the last thing we want is some POS bloated javascript webapp that crawls like fb.  And also we care more about delivering the user the best possible experience.   So let us know what you want to see right NOW NOW, and we'll put the features into a priority that is aligned with the community.

Yes Fab!  There will be a lot of tutorials on how to use it! We're going to make sure that everyone starts out on the right foot.

Stefano and Tyler want to field questions any of you have. on our Youtube channel.

We worked on it until 1130pm last night and got the bare minimum functional will be pushing a release later today.

Sorry for being off on the time guys

The 10,000 Coins for bonus are delivered inside of the exchange.

Starting October 1st all Shares & Coins that are purchased from GryfenCrypto will be delivered inside of the gryfX market as well to have tighter integration.

We're going to have some limits placed on the sizes of the options initially to force people to actually learn what they're doing so they don't just blow all their money and learn nothing about options.

This is a very transparent development and if anyone has any ideas at any time there is a feedback tab inside of the GryfX app and we welcome everyone to give us your opinions in there, at GryfenCoin@Gmail.com , in any of our threads on BTCtalk or CCT or SCF.info, in private messages, or even in person.

If you have something negative to say then I want to hear from you even more; we want to know why things are that way and what we can do to fix them. 

If you see something, Say something; and GryfenCrypto will knock this out of the park.

Is anyone interested in working with us on creating a GryfenCoin multipool?

Would anyone be interested in still seeing this coin around?

We spoke with the developer and we want to take over BigBangCoin and revive it.

Is there any feedback from anyone on this?

There are going to be some exciting developments with this old coin - I talked to the developer.  Expect more action on this coin, and expect this old dog to do some new tricks.

Buy Coins, Buy Shares.  Get other people to buy coins & shares.

The more we make on that and the sooner the quicker we can put out a bounty to fix it.

Marechoux,

1. Class A shares pay out a higher rate because there are more, and they remain in an account that is the backup backing for gryfX.  There are 2 Billion and they just stay there and stake.
Class B shares pay out of an account that starts off as 500 Million.  It is the direct backup for gryfX.com.   This means this is the account that funds pay out from on gryfX.
So consequently; the range fluctuates between 250-450 Million Coins.  Why a fluctuation?  Sunk options and losses to the user on poor options choices  go back in to this account so there is a flow of coins both in and out.  We leave 50 Million free in Reserve to have the liquidity to back options payouts on gryfX.

The shares pay out over a month giving approx. 12,903 coins a day, over a month.  This is to reduce the footprint of additional coins and to taper them in.
Class B shares could expect anywhere from 1,000-3,500 coins a day - depending on the amount.  If the 50Million set-aside depletes then it draws from the 250-450Million coin account - thus the root of the variation in payouts.

2.The amount of coins actually in circulation right now is 72.5 Million.  We used 1 Trillion as our limit because we wanted to leave room to account for advances in computing & technology.
You're looking at it like the 1 Trillion coins has already happened, the actual situation is the number of coins in actual circulation is 72.5 Million.
Another advantage of the high coin cap is not only does the coin fight inflation but it fights dangerous deflationary pressures as well so it will be more likely to be spent and used vs. saved and dumped.
Things that bring the coin into circulation are 1.Proof of Work Mining, 2.Proof of Stake Minting, and 3.speculating on gryfX.