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Author Topic: ICO startup  (Read 165 times)
jakau (OP)
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October 30, 2017, 06:05:01 PM
 #1

HELLO EVERYONE,  Grin

It's my 1st time on Bitcointalk.org
I am working on an idea for an ICO and I want to ask some questions about other coins that are already on the market.

Questions :

1. If you are able to buy a coin through a phone app, where is the coin you just bought taken from ? For example, I buy 1 NLC2 coin through their app, where is the coin taken from ? (an exchange, or where)

2. In Steem's instance, what happens to the platform ecosystem, when there are no coins left to upvote people ? (reaching the max cap). Because the platform basicly makes a  new coin and gives it to a user when he wants to cash out, or how does that work ? I read the whitepaper but got trouble understanding te whole system.

3. Can a Coin be a share of a network, and a token at the same time ? Like if you make a database system, the coin would be a share of that database but you could reward people with it at the same time on a platform ?

Thank you very much in advance,

I have an interesting device thats patented, and it mesures body composition the most acuretly on the market. It's cheap and would be available to many people (It's a 1st device of it's kind). If anyone is interested in working on an idea with me please comment below and I will give you my email.
DamCryp
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October 30, 2017, 07:58:34 PM
 #2

That sounds like an interesting tool, being able to measure the body's composition, I imagine you have looked into the possibily of implementing for different fitness and health purposes. Would love to hear more.


1. Also regarding the Tokens, when you buy 1 NLC2 through their app you might be buying a token part of total supply that isn't currently in circulation and that is held by the company itself.
2. For steem again same story, or even from Steems used by other to get access to their different services. Other options when max ca is reached is a drop in qty of steem given as it's value continues to increase in fiat, you might end up receiving the same amount of fiat, while receiving less Steem. This is true also for different POS/POW tokens as well as miniable ones, that is the deflationary aspect of these Cryptocurrencies.
3. I might be understanign your question wrong, but from what I gather, yes yoy can mint the tonken to be a share of the network and company, when stablishing sort of airdrops payable to the holder of the  asset as share of the income.

Hope this was helpful
jakau (OP)
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October 30, 2017, 09:58:10 PM
 #3

Thank you for your replies. My mail is : akajcisru@gmail.com

If you have any questions,go ahead and ask. I just want to make a plan for an ecosystem for this Device Platform.
For example, when a guy that wants to lose fat and gain muscle weight but something is not working for him, he would ask a question and then the user with the most helpfull answer would be rewarded with tokens, simmilar to Steemit's system.

But there is so many things that have to be worked out, and I don't have many people around me that have knowledge about blockhain and Token Ecosystems. There are a lot of benefits of this Platform being on the blockhain and I believe that it can be tokenized. There is just a lot of things that have to be worked out.

Please eMail me with questions, I can go in to detail about the device and the kickstarter campaign that will happen before the ICO. Thank you !!!

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