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Author Topic: [ANN] Asset Backed Coin (ABC) | 1B Coins | No New Supply | Company Operation  (Read 2169 times)
ybcoin
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May 20, 2015, 07:07:37 AM
 #1


http://taiyilabs.com/
https://yuanbaohui.com

Release Notes on the Taiyi Shares

Hello everybody! Today we are opening trading of the Asset Backed Coins ABC.


Coin Features

Assets symbol: ABC (Asset Backed Coin endorsement currency assets)
Total Circulation: 1,000,000,000 shares
Transaction price: the market price
The corresponding assets: all related assets to Yuanbao network and Taiyi system
Transfer fee: each transaction charge only 0.0001 ABC for all the assets on the blockchain
Trading opening time: at 19 o'clock on May 20, 2015 (Beijing time)
Trading Limits: 24-hour trading
Trading Platform: www.yuanbaohui.com
Price limit: since at the beginning the circulation of ABC is small, in order to prevent swift rises and falls, platform limit per 24 hours does not exceed 10% of price,  the initial reference price of 0.01 yuan/ABC.



Release and distribution

A): 50%: 500 million shares are held by the development and operation teams;
B): 30%: 300 million shares are reserved for the strategic investors in order to stay market-ready, and for an important strategic mergers and acquisitions;
C): 15%: 150 million shares are reserved for YBCoin exchange and integration of other Yuanbao virtual assets;
D): 5%: 50 million shares are reserved for distributing gifts, marketing and public relations activities.
____________________________________________________________________
100 %: 1.000.000.000 (one billion) shares


A) and B) part of Taiyi shares are not going to enter the circulation of the market until the company is publicly listed on Stock Exchange.
C) The exchange of YBCoin and other Yuanbao assets will be carried out one month after the official trading of ABC start, exchange price and lock-up period will be based on the Taiyi market price, trading volume and other factors.
Converting is voluntary, the user can choose to hold ABC or YBCoin, this will not affect the independence of YBCoin as a digital currency.



Wallet

http://pan.baidu.com/s/1dD4Hzep
Mirror - https://www.dropbox.com/s/su2ab0nxggjtelq/taiyi_asset_1.3.1.exe?dl=0



Exchanges

www.yuanbaohui.com


White Paper

http://taiyilabs.com/download/TaiYi_Whitepaper_cn.pdf (Currently only in Chinese, but you can ask questions in English too)


Links


Taiyi Project – http://www.taiyilabs.com
Block Explorer - http://explorer.taiyilabs.com
IRC - http://webchat.freenode.net/#YBCoin
Twitter - https://twitter.com/YBcoin



Contact

E-mail: contact@yuanbao.com
QQ: 2810623243

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mistercashking
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May 20, 2015, 07:08:54 AM
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hmmmm   Huh

DirtyUniverse
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May 20, 2015, 07:12:35 AM
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let me check

Ok
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May 20, 2015, 07:18:04 AM
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1 billion coin too much Undecided

polesdav
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May 20, 2015, 07:50:08 AM
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Quote
Transfer fee: each transaction charge only 0.0001 ABC for all the assets on the blockchain

like every coin...


Quote
A): 50%: 500 million shares are held by the development and operation teams;
B): 30%: 300 million shares are reserved for the strategic investors in order to stay market-ready, and for an important strategic mergers and acquisitions;
C): 15%: 150 million shares are reserved for YBCoin exchange and integration of other Yuanbao virtual assets;
D): 5%: 50 million shares are reserved for distributing gifts, marketing and public relations activities.

So you'll control the coin and only 5% for your follower... probably no one   Undecided

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ParmaBTC
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May 20, 2015, 08:43:34 AM
 #6

ABC coins?

Easy as ABC

watching this
diks
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May 20, 2015, 08:51:07 AM
 #7

yuanbaohui.com chinese only
why do we need?

ybcoin
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May 20, 2015, 10:27:04 AM
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yuanbaohui.com chinese only
why do we need?

Yes, for now yuanbaohui.com is only in Chinese. It will be translated in the near future.
You are welcome to ask any questions in English, Russian, German or Latvian. Smiley

ybcoin
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May 20, 2015, 10:28:29 AM
 #9

1 billion coin too much Undecided

Please don't misunderstand, 80% of it are not going to be in circulation.

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June 07, 2015, 08:09:49 AM
 #10

So this is 100% premined coin?  Huh Huh this coin uses some algorithm?  Huh Huh where is the proof of your backed assets?  Huh Huh Huh
ybcoin
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June 08, 2015, 03:03:38 AM
 #11

So this is 100% premined coin?  Huh Huh this coin uses some algorithm?  Huh Huh where is the proof of your backed assets?  Huh Huh Huh

Yes, ABC is the system coin, the coin is backed by the company shares which will be publicly listed on Canada stock exchange.

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