Latest posts of: Lenore

BURST Coin Asset: Playground

Asset Name: Playground
Asset Id: 15589285291102307016
Initial Issue: 100,000
Price: 45 Burst
75% Returns to investors
Specials for investors

Playground is a forum based betting system. Which will contain a variety of games when will include pots that payout in Burst. Games will include sports betting, simple games such as head n tail, guess the price, dice, poker, and various other games. Simple games that payout instantly to games that takes days or even seasons depending on your betting style and conform level.
The forum also feature real time chat and chatter box, current Burst and BTC price, Burst news, Burst Mining guides, forum badge system, karma system, instant lottery tickets, and many more features.

This asset pays dividends. Each holder will collect dividends threw betting loses paid to the house as well as other investments that will be bought into once a flow of Burst is established. Dividends will also be paid out monthly or once the payout threshold has been met. Payout threshold will be displayed on the forum in the news section as the rate may change from time to time depending on the flow of Burst and investments. Payouts from player loses to the house will be pooled at 25% of all Burst taken in. This will get divided and distributed to all asset holders.

The asset once purchased will be put up as house total Burst. When the house loses this will be the guaranteed funds for payouts. As advantages change on certain games. The asset gets invested within the Playground to ensure there is always funds available. New assets will be issued as needed but will be in increments to keep the available low to ensure higher payouts to the asset holders.
Reports will be issued once every two weeks for all assets owned. Reports will include, Burst taken in by the Playground, amount in the pool for the dividend payouts, a current and up date list of all investments how they are doing and what the payout rate will be for each holder (at current time of report).

This asset was issued before the launch of the playground. To ensure we have a House total Burst for the players. Games are currently scheduled to start January 1st 2016.

The address for the Playground will be announced shortly as we are going threw the de bugging process to ensure there are no issues with the forum and that players we enjoy there time playing.
If you have an questions or concerns please feel free to ask.
If anyone is curious and want to check on who I may be. Please refer to the user name on Bitcointalk.org: Lenore.
Have fun and hope to see you at the Playground at launch.

Our Theory
Burst needs movement to increase its price. It needs a way to move from user to user. We believe that HDD mining is going to change the way coins are mined. It already has in some ways. BTC and other coins could only be mined efficiently using ASICs or high end GPUs. Most people can not afford to purchase let alone run these mining rigs because of the cost of electricity. Anyone can mine using there HDD. It doesn’t matter of its only 1GB or 10,000 GBs of storage. Anyone can mine using POC Proof of Capacity with something you already own. As long as you computer is turned on and the miner is running. Your gaining coins. Lets get this coin moving. Lets stimulate the BURST community. Gain more followers.

Movement = Burst Excitement = Price Increase = More Excitement = Movement
Rinse and repeat.

BURST Playground Asset Owners and BURST Coin Flow.

Each asset holder will receive 25% of all weekly earnings passed threw the Playground.
Another 50% of all weekly earnings will be put into investments for the asset holders. These investments will pay out all investment returns to the investors. House takes no return on investments.
Investments will consist of lending with return interest, swings in market value on BTC, ETH, and XMR. And various other investments.
The other 25% will be issued to the house to be distributed to Admins, Mods, Bankroll for future wining payouts, and special winnings.

Additionally, Burst and Burst Credits will be able to be puchased threw the forum using BTC, XMR, and ETH. As this gives people without BURST the opprotunity to buy into BURST and stimulate BURST using other currencies.

If you have any questions please feel free to ask.

The Playground will launch January 1st 2016.

Edit:
The url for the Playground will be released here shortly.

Feature testing is almost complete.

Here is a list and description of some of the features.

Real Time Chat and PM System.
Real time imbeded chat to chat with the entire community. Aswell as a buddy system so you can chat 1 on 1 with others. FB like chat system.

Instant Lottery Tickets and mini Casino
Simple shop with tickets and casino like games. Simple nothing fancy but you can earn Burst Credits which can be traded for BURST Coins. Trade system to trade Burst Credits to any user on the forum.

Ticket System
For any issues there maybe and also for Burst Credit cashouts to real Burst Coins. As well as the ability to send BTC, XMR, and ETH for Burst Credits or Burst Coins.

No Coin Held Server Security Feature
No coins will be held on the server. All coins will be held on a local machine. There for no one has access to the coins except for the Admin. This way no coins can be stolen. They can only be transfered between BURST Addresses linked to each individual account profile. Plus all Burst can be tracked on the block chain and all associated Playground addresses with be labeled as such so people can see the transactions and know where your burst is and to track payouts to ensure the winners and losers get a fair chance and arent getting ripped off on there payouts. All transactiins can be seen and everyone will know where the burst is that is being used within the playground. All addresses will be listed and tracable.

Asset Holders Benefiets
Each holder will have a unique profile compared to players and other members.
As well as have a hidden category revealed when they are added to the membergroup. This section will included all asset related dealings as well as asset discussion. All reports and earning will be posted here aswell. Only asset holders will have access to this section.

High Rollers
High Rollers will have there own membergroup as well. They will have a unique profile as well and access to a high roller category. Everyone will know your a high rokler when you post in any forum. As well as a few other benefiets.

No Cheat System
Burst Credits are not cheatable. We know the maximum that can be issued daily threw games and all will be tracked to ensure no one can generate there own Burst Credits. Reports will be checked daily and flagged when we see numbers that do not fit within the equation of amount issued daily.

There are other features as well these are just a few. At launch or early launch the way we are going you will be able see the other features.

Url comming soon.