[SMSR] Samsara Coin! - creating business in China's Curio Cities!

[diks]

sold ~ 0.8 btc
people do not believe

[Samsara Coin]

pleased to give you a samsara roadmap graphic! later on today i will make a post explaining the business plan behind samsara in detail

https://i.imgur.com/J9PUQIM.png

[smic]

ok for masternode.

[Kyle1836]

60BTC ICO... Sounds legit 

[seedooroff]

Interesting idea. Let's see what it will turn out.

[Ozcar]

I'm in, last ico I got invovled with was pumped to fuck, hopefully this one will be more successful if the roadmap pans out..

[Samsara Coin]

As promised the Samsara business plan, going to attach it to the ann just with a link to an external document as its long but i will post the whole thing here in a post:

Samsara Business plan

business summary

Samsara will create a business which focuses on the sourcing and purchasing of chinese antiques which will then be held or sold for profit. Initial business operations will begin in Zhengzhou, a city in which the samsara team have experience in. Expansion will be sought into the Beijing Curio and then our own antique shop which will be located in areas of tourism interest.

Steps of creation and development

Sourcing antiques for initial foundation in Zhengzhou

Zhengzhou is home to one of the 3 largest Curio Cities. In its four levels it sells a range of paintings, wood craft and antiques. Zhengzhou is a great place for our business to start as the product range is varied and unorganised creating the opportunity to find some hidden gems. Myself and another Samsara team members are the ones who are journeying to china. My partner speaks the language and has contacts with people who specialise in chinese antiques in the US and Europe. I have knowledge on chinese antiques, origins and their rough market value. We will use our funds to purchase quality antiques that we can sell for a markup either online, to my partners contacts, or in our own curio stall.

Renting our own curio stall in Zhengzhou

Zhengzhou's curio is essentially a hyper car boot sale from a westerners perspective. People come to this curio to offload suitable items they wish to get rid of while other main curios are viewed as more structured and professional. We plan to make a stall that people can come and sell their stuff instantly for a fair price and in the meantime selling the stuff on our various outlets as mentioned above. We will get a range of valuable and less valuable things but people are interested in buying all sorts of things at this curio. More valuable things will be kept until we decide the most profitable way to sell them while less valuable things will be sold on the stall.

Creating a website for more valuable antiques to reach a worldwide market

More valuable antiques will be sold online on our website. It will also accept Samsara Coin. This is the best way to reach dealers and enthousiasts worldwide who can/will often pay a higher price than those in china.

Expansion into Beijing Curio

the Beijing Curio is a lot more structured and is more like a shopping centre with shop areas inside. Our next route of expansion is to rent a shop space in here and sell more exclusive antiques. The Beijing Curio has more reach to tourists visiting china and provide an ideal market to sell some of the more interesting antiques we have sourced. The Zhengzhou Curio will still be operated and provide the source of most of our antiques unless we find alternative places to source.

Timescale

If all goes to plan we believe we will have generated enough revenue from Zhengzhou's stall to expand to Beijing in the 2nd year of operation.

Website will be created and running in the first 3 months of Business launch as it will take time to acquire valuable antiques to sell online. We will also create our own SMSR to fiat markets or find somewhere who can host them for us.

In the 3rd year of operations we hope to implement Samsara being accepted in our shop and stall with a promotion drive and also getting other merchants in the Curio's to accept the payment method.

Each business quarter we will re-asses our progress and chances for the coming quarter and year with a report which will be published online.

Costs

Samsara members going to china will fund their own travel and accommodation.

Startup – ICO funds
Curio stall in zhengzhou monthly rent is roughly 0.4btc
Website development/further mobile development and fiat exchange options – 4/5btc
Sourcing antiques and being able to purchase them: depends on ICO preferrably 5btc+
the more we raise the more we can buy and sell.
If whole 60btc is raised we could launch a beijing shop at start too but we acknowledge that is unlikely.

Development – expanding to beijing – Paid for by profits

Zhengzhou stall monthly rent 0.4btc
Beijing monthly shop rental 1btc
Continuing the sourcing of Antiques to sell – bank of 5btc+ avaliable at all times
implementation of slick payment method using samsara (equipment and development) – 4btc
Advertisement and incentives for others in curio and business to accept Samsara – 10btc

20% of monthly profits will also be used to support SMSR crypto markets
we also hope to have/open SMSR/CNY and SMSR/USD markets avaliable too to support.

[xPooky]

sold ~ 0.8 btc
people do not believe

no one buys ICO first 24 hours, everyone waits till last minute

[VikingShibe]

Solid business plan. I'm excited to follow the progress.

[fuun]

yeah ,  i am interested with this one 

[andrepierre]

Nice update dev, will keep a close eye on this coin.

[Splatters]

the business plan is very interesting, but what's you B plan if you won't rise 60BTC?

[Ozcar]

the business plan is very interesting, but what's you B plan if you won't rise 60BTC?

Yobit rules:

all unsold coins will be burned (proof will be provided after ICO ends)

[Klaasje]

im Watching this closely... Seems like a active dev with a plan!
Going to buy later today.

[Samsara Coin]

the business plan is very interesting, but what's you B plan if you won't rise 60BTC?

in theory we could start the business with 1btc but obviously it would slow the growth progress and increase timescale drastically. I don't think the whole 60btc will sell we just provided the option incase it was a massive hit. Also if coins dont sell the price will go up as there is less supply so investors will have automatic profit. ideally for us to successfully start the business off we need 10btc and anything greater will be fantastic and give us more options for the future and to do everything quicker

[cjmining]

Looking good so far, great business plan. Will keep my eye on it.

[xPooky]

Lol, "we want to create a business in china...."
But i'm sure you are from east europe?

Same source and wallet layout of last ICO on yobit...TRANSF.

Coincidence?

Concidence number 1: Same wallet layout of last yobit ICO TRANS
Coincidence number 2: Same source of last yobit ICO TRANS(just copy/past 2 file more)
Coincidence number 3: SAME ICO AND PRICE OF DUB ICO (60 BTC at 150 satoshi, same as DUB)

So many coincidences.

how do you know its same source from TRANS?
was source posted, you have some inside info or you just shit talk from your parents basement, since you don't know any better?

[placebo]

Really




Come on... look at the bid price, tell me one good reason why people would put a 2 BTC bid at 149 and 1 BTC at 148... Ok, I skip this one, clearly scam...

Also the changing rules of Yobit are pretty sad Now DEV buy up 50% of all coins, dump it on the buy wall and runaway with the other 50%, the extra step was a protection for the ICO investors. I thought that Yobit would have increase the rules for his ICO investors after the disaster of BNB and GLUCK but it seems that it went the other way around...

[placebo]

Lol, "we want to create a business in china...."
But i'm sure you are from east europe?

Same source and wallet layout of last ICO on yobit...TRANSF.

Coincidence?

Concidence number 1: Same wallet layout of last yobit ICO TRANS
Coincidence number 2: Same source of last yobit ICO TRANS(just copy/past 2 file more)
Coincidence number 3: SAME ICO AND PRICE OF DUB ICO (60 BTC at 150 satoshi, same as DUB)

So many coincidences.

Good catch : Indeed, just copy & paste shit... Nothing wrong with that, as a lot is copy and paste shit.


creating business in China's Curio Cities! That ANN is written in good English, can never been done by a Chines person and no thread in Chines...

[Samsara Coin]

Lol, "we want to create a business in china...."
But i'm sure you are from east europe?

Same source and wallet layout of last ICO on yobit...TRANSF.

Coincidence?

Concidence number 1: Same wallet layout of last yobit ICO TRANS
Coincidence number 2: Same source of last yobit ICO TRANS(just copy/past 2 file more)
Coincidence number 3: SAME ICO AND PRICE OF DUB ICO (60 BTC at 150 satoshi, same as DUB)

So many coincidences.

Good catch : Indeed, just copy & paste shit... Nothing wrong with that, as a lot is copy and paste shit.


creating business in China's Curio Cities! That ANN is written in good English, can never been done by a Chines person and no thread in Chines...

placebo, we have stated before in posts that the team is made from people in western europe, so not quite sure what you mean.

we are not affiliated with any other coins, as i said this is the first and only coin to be made by this development team.

we havent released our source yet, how would people know where our source is derived from? please actually add some logic to your scam claims.

tomorrow i am going to contact some pools and other services to be avaliable on launch so i will keep you all updated with how that goes

have a nice evening