Name: CryptoCircuits
(“Circuits”)Exchange Ticker: CIRC
Total Supply: 2,718,281
(Euler's Constant)Distribution Method: Equal Public Crowdfunding
(Environmentally Friendly)Distribution Rate: 0.00005500 Satoshi per CIRC
(150 BTC Total)Acquisition Location: C-CEX Exchange
(Launching on 6/17)Features: Unlockable Wallet Content
Mechanism: vDPOS using POS 2.0 Security
vDPOS is a brand new crypto technology.
Please read more information below or contact us for more details.DPOS Rate:Week 1 (Block 03201 - 10079) = 20 Coins
Week 2 (Block 10080 - 20159) = 10 Coins
Week 3 (Block 20160 - 30239) = 5 Coins
Week 4 (Block 30240 - 43199) = 5 Coins
Week 5 (Block 43200 - 50399) = 10 Coins
Week 6 (Block 50400 - 60479) = 20 Coins
vDPOS Benefits:Traders Lounge: This panel unlocks at staked weight of 1% of total coin supply (27,000 Circuits) - These users will benefit from 1% additional stake per block.
Whale Lounge: This panel unlocks at staking weight of 3% of total coin supply (81,000 Circuits) - These users will benefit from 3% additional stake per block.
White Paper:CryptoCircuits and Circuits CryptoCircuits is dedicated to building a community across the crypto landscape, connecting crypto people and coin communities through our advanced Circuits trading wallet environment.
The CryptoCircuits wallet provides a welcoming meeting place for everyone who has crypto as part of their daily lives. Social features of the Circuits wallet include chatrooms, tipping, and encrypted private video chatting. A special chill out lounge panel includes crypto video channels, and the Crypto After Dark 24 /7 in-wallet radio stream, featuring guests and guest hosts from across the crypto landscape.
The social features of Circuits are complemented by a sophisticated crypto toolbox that includes in-wallet charting, trading hubs, live crypto news feeds, and trading bot functionality for advanced users.
On the tech side CryptoCircuits represents a major leap forward in crypto technology.
Circuits features the most advanced DPOS 2 iteration engineered so far in crypto, and has allowed us to build a number of advanced staking functions and features into the Circuits wallet.
CryptoCircuits: Phase 1
The CryptoCircuits wallet features progressively more advanced feature panels that unlock according to staking weight. As a user accumulates Circuits he gains access to these advanced panels with their unique functions, such as chat rooms, trading bots, and off-market trading rooms. Each of these panels also unlocks a higher DPOS staking rate for the user. Circuits is thus designed to reward users with progressively larger social rewards, more valuable crypto tools and strategies, and higher staking rates as the Circuits coin and community grows.
This Phase 1 strategy - of rewarding holders, building a strong community, and creating a great place to meet - is not coincidental. This is exactly the goal of CryptoCircuits Phase 1. By creating a community that involves and rewards its members, and encourages them to connect to each other across the traditional lines of crypto - we ready the stage for Phase 2.
CryptoCircuits: Phase 2
In Phase 1, the unlocking panels, the social meeting rooms, variable DPOS staking, and crypto tools and functions allowed us to build a tightly knit community that crossed traditional crypto barriers. In Phase 2 we take a giant leap forward: we use the unlocking panel technology and our advanced staking functions to allow our community members to assetize and monetize the relationships they have built with each other in Phase 1.
By Phase 2, we have built a living network of active traders from all across the crypto landscape. You know each other, you have chatted with each other, you have been in on late night sessions in our bot room, you have heard each other on Crypto After Dark.
It’s time to make our living social network pay off.
CryptoCircuits Phase 2: Rewarding relationshipsIn Phase 2, the CryptoCircuits wallet will continue to use our unlockable panel technology and staking weight metrics to reward and elevate community members who are most involved. Now, however, as the DPOS period ends, the focus shifts to rewarding those who have built relationships across crypto boundaries within Circuits.
This will be done by shifting the architecture of the unlocking panels to allow and encourage community members to monetize relationships in a number of ways, including escrows, teaching and training, and social network monetization. Examples of what these unlocking panels will now allow include:
- Branded trade escrows, allowing large block off-market trading of any alt-coin. Escrows can be offered by respected community members, who are free to monetize their escrow roles. Live encrypted video chatting is now enabled, further opening the possibilities for negotiating three party agreements and escrows.
- Branded enterprise escrows, for everything from futures prediction to initial coin offerings.
- Branded training chatrooms for leading traders and chartists.
- Branded video channels for crypto related specialists.
Members who take leadership roles in any of these areas will be offered the chance to integrate and communicate their knowledge and specialities in the growing Crypto After Dark 24/7 program stream via live interviews, guest hosting, video programs, and podcasts, gaining further personal exposure and strengthening the CryptoCircuits commitment to spreading knowledge across traditional crypto boundaries.
Phase 2 also brings an important change for CryptoCircuits: the beginning of the reduction of total coin supply via burning. This is achieved in tandem with our social network monetization program.
Coin count reduction (burning) & Social Network Monetization. By Phase 2 the CryptoCircuits community as a whole will have an extraordinary social network reach - covering both the crypto world and the larger tech world beyond. In Phase 2 we will combine monetization of this combined social network with a gradual burning & reduction of the total supply of Circuits, thus raising the value of Circuits for all community members.
We have developed a non-intrusive, high quality product placement system that - given the social network we command - will be extraordinarily attractive for crypto and tech related products. In Phase 2 this system will be implemented, allow CryptoCircuits members to opt in via a dedicated wallet panel. Proceeds from product placements will be split 80 / 20 as follows:
- 80% immediately used to market buy Circuits, thus raising the value of Circuits. These coins are immediately burnt, this reducing permanently the available supply, again boosting the value of Circuits.
- 20% made available as bounties to community members who recruit high quality, tech related sponsors to do specific campaigns in the Circuits Network.
The CryptoCircuits social marketing program will leverage the multimedia capabilities of the Circuits wallet to create three enhanced revenue sources:
- In wallet revenue stream from both banner placement and Google adwords.
- Social marketing revenue stream from targeted placements across our community social network via Twitter, Facebook, and related social platforms.
- Multimedia product placements combining video streams, Crypto After Dark live radio promotions, and OAUTH based social marketing product placement.
All proceeds from these income streams will be dedicated towards the burning of Circuits and reduction of total coins supply according to the same 80 / 20 formula, also rewarding community members who bring in product campaigns.
CryptoCircuits Phase 3 - Rewarding the core community - The CullingWe have thought long and hard about how to both reward and leverage the core community of Circuits. Our goal in Phase 3 is twofold:
- Increase the core community’s relative share of the coin
- Involve them in the inner team of Circuits as we pass the two month mark.
We will achieve these goals through a two-part process consisting of The Culling and The Assembly.
The CullingBy Phase 3, we have built a community of skilled, active traders and investors who have arrived from many parts of the crypto landscape. Many of these traders and community members have established brands and escrow reputations within the CryptoCircuits ecosystem - through their participation in the various Slack rooms, being on-air in After Dark, and in their trading, teaching, and escrow dealings within the community. We have a strong network of branded escrow agents within Circuits - and now these escrow agents step forward to escrow The Culling.
The Culling is a 30 day period where any investor can post via Whale level escrow an offer to buy or sell any amount of Circuits. There is one simple rule: once an offer is posted and escrow established, anyone can propose the opposite of the offer, and the agreement is immediately effectuated.
Example: Sam offers to buy 2000 Circuits for 2 btc. He places both 2 BTC and 2000 circuits in escrow. Anyone can now immediately sell those Circuits to Sam - but anyone can also immediately demand 2000 Circuits from Sam at that exact price, and the sale is closed. The result: a second phase price discovery that allows volatile, large scale, yet completely fair transfer of Circuits to the sharpest traders and those who are intent on becoming the core holders of Circuits.
The AssemblyAfter the 30 days of the Culling is completed, The Assembly will begin. The Assembly is limited to those holding more than 3% of the total supply. Participants will be the battle tested, true survivors of The Culling - the core members of the Circuits community. The Assembly will join forces with the Circuits dev team to establish the revenue sharing guidelines, market level goals and revenue stream plans for the next phase of Circuits.
Obviously this is a first in crypto - the planned integration of the core community of a coin into the the Coin’s inner team, right in the middle of the coin’s revenue growth. But consider why we are doing this -
we are integrating a group of skilled traders, bot experts, and seasoned crypto veterans who are holding significant amounts of Circuits. One can only imagine what comes next for Circuits after this.
This continues the natural evolution of CryptoCircuits. Our whole focus - from Crypto After Dark right through to the to the teaching rooms and escrow programs - has been about our community, teaching each other, building relationships, and rewarding these relationships.
CryptoCircuits
Crypto ConnectedAbout the Developers:CryptoCircuits is a project bringing together a total of 4 top-tier developers. Each has been given wide latitude to pursue advances in their own creative work that were not possible in their main working environments.
Black - Responsible for inventing and building the advanced variable DPOS (vDPOS 2) staking functions and coding.
Robin - Our block chain specialist, responsible for the rigorous testing of the vDPOS 2 code and the various unlocking functions of the wallet. Robin has been responsible for a half a dozen QT wallets across various coins during the past year.
Thursday - Responsible for the social engineering of the CryptoCircuits community levels and the designed evolution of the community towards the Culling. Architect of the social marketing revenue modules and OAUTH system designs for Phase 2.
Barakus - Responsible for wallet GUI, graphics, user experience, wallet updates, exchange liaison and community leader.
Some of you may already know which devs are involved, as word does travel within crypto. The preference of the devs is to keep their involvement in the CryptoCircuits project low-key out of respect to their own communities.
CryptoCircuits Wallet Overview:The initial CryptoCircuits wallet will include 3 panels customized for three different participation / investment levels:
Home Panel: The CryptoCircuits Lounge (open for all):- News Hub: Links to all of the finest crypto related news sites as well as a live aggregated twitter news feed.
- Trading Hub: All of the top exchanges to trade Circuits and any other altcoin.
- Community Hub: Links to all of our community resources.
- Entertainment Hub: Featuring 24/7 program stream from Crypto After Dark, hosted by DJ Stoner and guest hosts from across the crypto landscape. Also includes a curated selection of crypto-related podcasts and YouTube channels.
The CryptoCircuits Public Lounge panel stakes at normal rate. Requires no minimum staking weight - is open for all.Unlockables:2nd Panel: The Trader’s Lounge- Private Slack channel with dedicated chat rooms on crypto tools & strategies.
- Basic level Web based trading bot.
- Call in privileges to Crypto After Dark.
- Control Panel
The Traders Lounge panel stakes with 1% additional bonus staking rate. Traders lounge unlocks at staked weight of 1% of total coin supply (27,000 coins)3rd Panel: The Whale Lounge- Private slack community for trading discussions, escrows and more.
- Dedicated slack channel hosted by CryptoCircuits devs.
- Full featured web-based trading bot with real time chat for coordinated trading.
- Off-market large block trading of any alt coin with agreed-on escrows.
- Guest appearance according to expertise and experience on Crypto After Dark.
- Discussion room for post-Culling strategies, revenue sharing and directions.
Whale Lounge members enjoy 3% bonus staking. Whale Lounge panel unlocks at staking weight of 3% of total coin supply (81,000 Circuits).Wallet-specific roadmap features for Phase 2 include:- Integration of Whale Lounge participants with content evolution of Crypto After Dark.
- Porting of both altcoin off-market block trading and escrow services from Whale Lounge downward into Traders Lounge. Traders Lounge will open for off market trading. However escrows can only be provided by Whale Lounge members.
- Branded training rooms and chat rooms will be allowed in both Traders Lounge and Whale Lounge. Rooms hosted by Whale Lounge members will be clearly profiled.
- Integration of private encrypted video chat in the Whale Lounge.
- Selected Whale Lounge members will be offered guest hosting slots on Crypto After Dark.
ICO / Trading Details
ICO will be hosted on CCEX starting June 17th - Direct link and more details coming soon. Any unsold coins will be burnt by CCEX. DPOS begins 48 hrs after ICO closes.
Acquisition Location: C-CEX Exchange
(Direct Link will be posted here on 6/17)Bittrex Exchange coming soon.
WALLETS
Windows Featured Wallet (0.1a) - Posted after ICO completion
Mac Featured Wallet (0.1a) - Posted after ICO completion
Core Wallet Code (Public GitHub) - Posted after ICO completion
STAY CONNECTED
Thank you for being a part of the CryptoCircuits Community and please PM us if you want to join the team or feel you have anything to offer our projects.
Follow us on Twitter @CryptoCircuits
http://www.twitter.com/cryptocircuitsHashtag: $CIRC