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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MUN] Muniti: Malta's national cryptocurrency - promoting tourism! X11 algo
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on: April 01, 2014, 08:20:14 AM
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Update on the current state of affairs: A lot of people have been asking me about exchanges. We shall be contacting interested exchanges soon, but do not expect the coin to be listed on any exchange before the weekend. Feel free to open up a trading thread for Muniti in the meantime. Media and other interested stakeholders will be contacted once the coin is on to a reputable exchange. We are preparing an attractive welcome package for them since presentation is the key to attention. Please do keep promoting the coin on social media, forums and other websites as well. Currently we do not have a dedicated External PRO (separate from the PRO which deals with national matters) on our Dev team and we are considering appointing one since it is a very extensive area to work upon. Payment for such a post will likely entail a weekly remuneration rather than a lump sum given at the start of the post. Bounties will start being paid as from today. For those who haven't forwarded me their address yet, please do so as soon as possible. There are other things which we will be announcing soon but I feel that is enough for now. Again, do come forward with any suggestions which you might have; general response for Muniti has been great so far and I appreciated every single piece of advice or criticism which you levelled at the coin. Every one of them has been taken into consideration. Hi, I just have setup the first P2pool node at http://p2poolcoin.com:30619/static/Just use it like every other P2pool: ./sgminer -k darkcoin -o http://p2poolcoin.com:30619 -u yourwalletpaymentaddress -p x Thank you linked67 - we will add you to the website shortly.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MUN] Muniti: Malta's national cryptocurrency - promoting tourism! X11 algo
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on: March 31, 2014, 01:31:17 PM
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Here's a suggestion on how to distribute Muniti.
Travel around to the village feasts this summer, work with the church, work with the local councils, work with the Community Chest Fund, work with both parties, work with the big hospitality players (hell, Hugo alone could put you on the map regarding tourism). Plan to give part of the premine away to tourists...hotels handing out paper wallets with checkins, or boat tours doing the same, etc, just as advertising.
But the main idea to set up a booth at the feasts and give out paper wallets on the spot. Bring a laptop or tablet with wireless, record names or ID numbers and check them for double dipping (there will be some regardless). It will be hot long days, it will be dealing with queues, but it'll be both cheaper and maybe less time consuming overall than a mass mailing, and most importantly, it'll be VISIBLE. First few attempts will probably suck until you get a process down, and with overlapping feast days you'll need more than one team. Bounty volunteers. This is Malta, there's real community here.
Maybe have a final distribution in Valletta during Science Week, same routine.
That'll get the coin out to the Maltese, but it'll also increase legitimacy with the people that you want accepting the coin. From there you can get tours and hotels and restaurants and dive shops to offer packages or discounts on prepaid Muniti transactions and you've got something...I wouldn't get hung up on point of sale transactions, but if they can accept the coin AND cash it out to BTC and then Euro and put it in a fiat account via SEPA without too much fuss, it'll work. Kraken comes to mind.
That is a very good idea, albeit with a noticeable caveat - it would require the premine to be re-worked so as to give less coins to the Maltese citizens and more to be given at stalls, hotels and so on. Also, it would be much more time-consuming than mass-mailing, as ~450,000 people picking their wallet would require a far greater logistic effort than mailing. The Science Week idea is a brilliant tip which we hadn't taken into consideration and which we will be regarding seriously. For now awareness and adoption of the coin is the first step towards integrating Muniti; informing the citizens that they'd have to cash out the coin to BTC and then to Euro might discourage them altogether. An informative campaign will be prepared soon so as to lay down everything in a user-friendly manner. When why have this at all? Wouldn't the people of Malta support their own tourism already? I have friends who live in Malta and they seem to do quite well without crypto. Again, what is this going to accomplish other than being another pump and dump coin?
Did you even read the OP? The devs want NON-Maltese to be the biggest holders of the coin. The airdrop/maildrop of the premine is to raise local awareness and give a lot of people a vested interest in the coin's success, provide awareness of crypto in general, and provide another, possibly profitable way, to fund a charity here that's a pretty big deal. Will this be a pump and dump? Who knows? But knowing the Maltese and the culture here, I suspect it's not. This is Malta, somebody knows the dev team's mothers, and if it's a scam, the mothers would learn about it, and those guys would be so ear-snatched. I believe most of the answers asked in this topic have been answered concisely by Croak.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MUN] Muniti: Malta's national cryptocurrency - promoting tourism! X11 algo
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on: March 31, 2014, 08:56:47 AM
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I like your quick replies, X11 algo, good attitude, and distribution plan. Mail seems a little cumbersome but I like that you aren't trying to fool anyone into thinking something like Facebook verification is realistic. I'm considering mining this.
Thanks, we look forward to having you join us at the launch. Really? Like sending 150,000 x 3 = 450,000 registered posts by mail (costing over 300,000 USD) is more realistic than facebook verification? And that money is going to come from the "premine"? I cant wait for it to launch and study this case We have taken your criticism into consideration and we are trying to work on a solution for what you have pointed out. The costs won't be as elevated as you are making out, but they will be considerable nonetheless; if we can save money in any way we can while keeping the same level of quality, it's a no-brainer. However, right now we simply have our hands full with the upcoming launch, and we want to tackle one point at a time. Maybe there should be a huge bounty for getting one of Malta hotel to accept this coin for booking their overnight stay.
As we pointed out in the OP, we will not be giving bounties to entities who would profit from adopting Muniti, as it beats the purpose of bounties in our humble opinion. Should a hotel wish to adopt Muniti as an accepted currency, we would be more than happy to give them our fullest support. However, bounties are and will remain reserved for individuals who help out from their own free will without gaining any noticeable profit out of it. i never mine x11 algo what miner software?
Please check the Downloads section on our site and download the CPU/GPU miner of your choice. Thanks! Added to the OP.
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