[Crypto Market Short Coin]

Crypto Market Short Coin
The world's first coin to bet on a falling Crypto Market!
Gain when the market drops!

►ANN Thread ►Website ►Twitter ► Facebook ► White paper


Introduction - What is CMSC?
The aim of the Crypto Market Short Coin (CMSC) is to give investors an opportunity to bet against
the Crypto market and to secure the gains made in the past during a dip or crash.
Investors can bet actively against other coins or bet on a further drop of the Crypto market.

Learn more in our ANN Thread or on our Website.


Bounty Campaign - General Terms
Budget: 5.000.000 CMSC
(~400 ETH ICO price)

We are distributing 750 CMSC Tokens (worth ~25$) (+400 CMSC for every bonus task) to every participant.

To be eligible to join you will be required to complete the following easy tasks (bonus tasks are optional):


Tokens will be distributed after the ICO.


Task 1: Twitter

Follow us on Twitter: https://twitter.com/coinmarketshor1
Retweet 2 of our last tweets.

Task 2: Facebook

Like our Facebook page: https://www.facebook.com/pg/Cryptomarketshortcoin-162529937744187
Repost and like at least 1 of our last posts.

Bonus Task A: Signature & Avatar
(optional, +400 CMSC)

Use the following avatar:

Use the following signature:

Code:

[center][url=http://cryptomarketshortcoin.com]Crypto Market Short Coin ● The world's first coin to bet on a falling Crypto Market!
[/url][/center]

(Must be kept for min 4 weeks)

Bonus Task B: Place Short Bet
(optional, +400 CMSC)

Place a bet against a coin of your choice in our Bet Panel (min bet amount: 100 CMSC).
(Learn more about the Short Bet system on our website).

Task 3: Post in our ANN Thread

Give us a feedback of what you think about CMSC in our ANN Thread:
https://bitcointalk.org/index.php?topic=3057775.0

Task 4: Fill out Form

To enable us to distribute the CMSC please fill out the following form:
http://www.cryptomarketshortcoin.com/cmsc-website/bounty-form

Task 5: Proof of Ownership (in this thread)

Fill out and post in THIS THREAD:

Code:

[b]Proof of Ownership[/b]
Twitter Username:
Twitter Profile (Link): 
Facebook Username: 
Facebook Profile (Link):
Bonus Task A bitcointalk username (optional):
Bonus Task B Bet ID (optional): 

In the last two months we've seen a few bigger ups and downs in both the Crypto- and the Stock market.
Sometimes the drops were happening simultaneously.

What do you think, how strong are the ties beweet those two markets?
Are there e.g. people taking money out of the Stock market while it drops and putting it into Cryptos or vice versa?

[Introduction]

Introduction

The aim of the Crypto Market Short Coin (CMSC) is to give investors an opportunity to bet against
the coin market and to secure the gains made in the past during a dip or crash. Therefore, we
developed a unique smart contract that dynamically increases or decreases the total supply of coins
depending on the coin market cap.

In addition, the Crypto Market Short Coin Panel (CMSC Panel) allows holders to actively bet their
CMSC against other coins and get rewards, if the market cap of the targeted coin drops.

The Coin

The crypto market short coin is an ERC 20 Token based on Ethereum. The value of the coin will be
determined by the market once the coin will be listed at several exchanges. The aim will be to be
listed on as many exchanges as possible.

Coin Sale via smart contract
Starting supply: 100 Mio coins
Starting price: 1 ETH = 12500 CMSC
Early investors will receive a bonus of 20% (reserved for the first 50 investments of 0.1 ETH or higher)
20% of the coins are reserved for management, maintenance, and marketing activities.

The ICO will be stopped once the coin will be tradeable on one of the major exchanges.

Dynamic coin supply based on coin market cap

The CMSC Smart Contract is designed, that it automatically burns a percentage of its own supply,
while the total market cap of the Crypto market drops. This shortening of supply makes every single
CMSC more valuable and shall lead to an increase in price.
The Crypto market cap (and the total supply of CMSC) will be updated on a regularly base (based on
data from coinmarketcap.com). The adjustment of supply is equivalent to the change of the Crypto
market cap, which means that if the total Crypto market cap goes down by 10%, the CMSC supply in
the contract will also reduced by 10%. Of course an increase on the Crypto market cap will also lead
to an increase of tokens. The current Crypto market cap and total supply are stored in the smart
contract and are always transparent.
This mechanism combined with the trust people put into the system should ensure the coin will
increase value during a dip or crash compared to other coins.

The Betting Mechanism

You can use the CMSC to place bets against specific cryptocurrencies. For the moment we support
Bitcoin Cash, Tron, Ripple, Verge, Bitgoin Gold and Litecoin, but many more will be added in the future.
If your bets are successful you will get rewarded with free CMSC coins, if there are unsuccessful you will
lose coins. All bets are stored and handled within the Blockchain, transparent and secure.
The betting mechanism can already be used.

Free Coins

We are running a promotion to provide some free coins to try our betting mechanism!
Find more info on our website and twitter channel.

Links

Bounty Thread | Website | CMSC Bet Panel | Twitter