DAMNEDCOIN: A Faustian Contract.What does this represent?
What happens when we die? As our last breath escapes, our captive soul is freed from the mortal coil to pass into the afterlife. This is a common belief in most major religions. Some say it goes elsewhere, some say it stays while we take another form. Most have little to say about its true purpose while we breathe. Johann Wolfgang von Goethe pondered this question in what may be the first dispute over intellectual property. We own a soul that seemingly does nothing for us and yet there is great uncertainty about what happens to it when we die anyway. If we could use it to our advantage, then it may have intrinsic value to us while we live. Why not hedge our bets and possibly improve our fortunes in the process? This raises the question, what is the value of a human soul?
This is what caused Faust to bargain with Mephistopheles over his soul. In turn Mephistopheles assisted Faust in getting what he wanted most in life. It was arguably a win-win deal for both parties, for Faust indeed got what he most wanted in life. He made the deal of a lifetime. And now, for a limited time, so can you!
How Does It Work?
Introducing DAMNEDCOIN, the world's first Faustian contract powerd by Bitcoin! It uses the Colored Coin Protocol developed by some of the finest souls in the world of Bitcoin. And who knows, maybe you can someday own one of them!
This is not a pump and dump altcoin operating on some low hash powered Bitcoin clone. This is not an experimental PoS coin du jour. This is a peer-to-peer exchange of damned souls contracted through free-will. These colored coins will arguably last as long as Bitcoin itself, because it needs no special servers beyond Bitcoin nodes to maintain its security.
Why is this important?Here's the deal. These limited edition damnedcoins will be sent to a very select group that is willing to trade their immortal soul with another. Think of this as decentralized network marketing. Once you own a damnedcoin you may trade it freely with others through the Colored Coin JSON-RPC. Simply run your own ngcccbase in Linux, Mac, or Windows through the Chromawallet API. If you care to speculate, you can buy them to hold and then sell them when you get the price you want.
Like Bitcoin, there is no upper limit to their potential value, and for a limited time you can get in on the ground floor. There will only be 666 damnedcoins.
Who will buy damnedcoins? That is a matter of conjecture, but its novelty value alone makes it collectible.
Here's how you get your Damnedcoin: 1. First run Chromawallet from Chromawallet.com. This is KillerStorm's version of the colored coin protocol, and the best implementation to date.
2. Then you will go to the Assets tab and import asset from JSON the following:
(asset will be here when the IPO is releasedas well as on damnedcoin.com)3. Send a bitmessage to BM-2cUzLWworqHUwiTaerMwoLdgQ7AGT61zmc.
In that message you must include your Damnedcoin address that you copy and paste. You must also tell me a good story why I should consider you for this IPO-of-the-damned. In this story, you must state that you freely offer your immortal soul to be consecrated in a damnedcoin. Also state if you wish your story to be posted on the damnedcoin.com website. The use of bitmessage is for everyone's security due to the potentially sensitive nature of this colored coin.
Since you cannot
sign the contract in blood, the cryptographic work of bitmessage will serve as a signature of the Faustian Contract.*
The IPO will begin when there are at least 13 souls offered to create the contracts. I will then send you a Bitcoin address to which you will send 0.000666 bitcoin plus a mining fee (about 50 cents total). This is the minimum amount that will be verified by miners. It may take time to send your damnedcoin. Since this is all still alpha software, much is done manually at this point. Just keep checking your wallet. You will eventually see yours and will probably see bids and asks for others wishing to do some early trading. Only one soul per person please.
Note: you may attempt to acquire additional souls. You may, but those souls may be taken from your unborn children, their children, or your children's children's children. You may end up creating sins of the father and all that.
Remember, these are not your average speculation coins. These coins represent immortal souls freely given for the purpose of finding earthly pleasures.
Savor them and profit.
*The fine print: If at any time you wish to exit the Faustian Contract to retrieve your soul, you must destroy it by sending it to a burned address. That is a colored coin address that belongs to a wallet that was permanently deleted. That's it.
This Colored Coin is not an endorsement of any religion. This is an artistic interpretation of the story of Faust written by Goethe and in no way intends to denigrate any particular faith, professed deities, prophets, messiahs, ascended masters, with or without wings, feathers, beards, or noodly appendages.
No warranty is expressed or implied on the performance of the colored coin protocol or the bitcoin protocol in which it operates. Given the experimental nature of Bitcoin, it is not recommended to spend more than what you can easily afford to lose.
