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1  Alternate cryptocurrencies / Altcoin Discussion / [ANN]BitFund:Descendant of BitShares on: March 03, 2014, 12:19:48 PM
BTF is BitFund
BitShares as a Decentralized Autonomous Bank
You can learn more about it herehttps://bitsharestalk.org/
BitFund::Descendant of BitShares

You know bitshares is a great and useful DAC,it will change the world in future.But,just few people own the most,so who others want to get it,they need to buy it with high price.
As a decentralized autonomous bank,more people get in,it will be more succeed.So it should gives control of their economy back to all people and establishes them as sovereigns over their own destiny. Everyone can join it through equitable mode,equal shares for all.Solve this problem,we need bitfund.

Introduction of BTF
BTF will have the same feature as bitshares,also the same code, we will just change the total amount of BTF from 4million to 4billion. Once the bitshares released,we will release the bitfund after about two weeks.
All of the BTF will be separation to 10,000shares,if you own one shares,you will get 400k BTF. Our team will own 200shares, for Dev,for marketing and some free giveaway.

Completely Fair Distribution - Equal shares for all - Our own bitfund

How to get one share?

The fundraising is especially designed to promote fairness and egalitarianism. This is the first funding scheme of this type ever and we believe it is revolutionary in its effort to bring egalitarianism to the crypto industry.If you do not have a Bitcointalk account yet, you need to create one to reserve a stake spot. Do not lose the account password, because you will need to access the account later to claim your share.To be more fair, the account must existed before February 28,2014.

In the first 5 pages, stake spots are reserved only by showing "interested in",then you will get one share.After page 5, a fee has been introduced for late adopters. People who want to get 1share after page 5 will  have to pay a fee to join in. Then after every 20 pages, the fee will be adjusted as a multiple of the initial fee.
If you want to get one more share,link this thread to any public forums or social media sites such as Reddit or Coindesk, anywhere with decent traffic so that people can hear about BTF. You have to show proof of your work in your reply post in this thread, then you will earn 1share,others who follow the topic can also earn 1share. Just the one who have already get 1share can join it.


How much you need to spend?
-------------------------
First 5 pages    : free ,just show interested in
pages 6-30      : fee= 0.002 btc or 0.2pts or 20nxt
pages 31-50     : fee= 0.004 btc or 0.4pts or 40nxt
pages 51-70     : fee= 0.008 btc or 0.8pts or 80nxt
pages 71-90     : fee= 0.016 btc or 1.6pts or 160nxt
after pages 90  : fee= 0.02   btc or 2.0pts or 200nxt
-------------------------
 
After you send the fee, include the transaction hash in your reply post in this thread, to confirm your stake reservation.

Promote BTF to receive another share(anyone can join )

Make a logo and post in your reply thread,you will get 1share, the best one will get 2shares.

Translate this thread to any other language and post it to one of that language's community, then you get 2shares.

Make a video for BTF, then you will get 2share.

Integrity guaranteed BTC ,PTS,NXT sent to this project won't be touched until an official date for the genesis block is announced. This project is serious and will go forward. The money collected here will be dedicated 100% to BTF develop and marketing and other supporting apps. We are going to make BTF a feasible and successful project.

Now BTF needs you to spread the word.Join in if you want to be a part of BITFUND. We thought Bitshares is like gold while BTF is like silver and can be used widly.
You don't get BTS?Doesn't matter, BTF is enough.

FAQ:

1. How many shares of BTF would I get ?

There is no specific number yet. More contribution,more share,one account may get 1 or 2share or even more.

2. How could you prevent multiple buy-ins ?

In short - We can't. Multiple buy-in will be possible with multiple accounts.To be more fair,your BTT account must existed before February 28,2014.

3. How can i receive my BTF?
BTF is going to clone BTS,so when BTS is released,we will release BTF in two weeks.When you download the wallet,post your address,we will send you the BTF.

Donate address:
BTC: 16pJh9XpDEqGL3USooeF48Cfrn24k1HCEx
PTS: PiKovFT4qiuJVMzT2MvUzjVrv1Gm269kym
NXT: 1505210890687765704
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