[ANN]FREEDOMCOIN - Yobit

[GrandeMar]

is Phase 1 ended ?

It ended right now

[placebo]

is Phase 1 ended ?

It ended right now

Why is my watch on my laptop always running a few mins behind

[placebo]

PHASE 2 ENDS IN

[placebo]

PHASE 1 RESULTS:

[cjmoles]

Okay, what kind of markets are going to be available for this coin?  Didn't read the whole thread, just the OP.

[placebo]

Okay, what kind of markets are going to be available for this coin?  Didn't read the whole thread, just the OP.

I have contacted Cryptsy, and they inform me that i have to let them now when the coin is launched. We meet the 10 BTC target so the project will start.

Based on the original planing i was expecting 20 BTC and then Freedom will become a sponsored coin on Bittrex, so we need to wait to see if in phase 2 and 3 some more money is being deposit.

Most likely Freedomcoins will start at C-CEX or/and Yobit to move to bigger exchange when we have a stable network.

[GrandeMar]

Okay, what kind of markets are going to be available for this coin?  Didn't read the whole thread, just the OP.

I have contacted Cryptsy, and they inform me that i have to let them now when the coin is launched. We meet the 10 BTC target so the project will start.

Based on the original planing i was expecting 20 BTC and then Freedom will become a sponsored coin on Bittrex, so we need to wait to see if in phase 2 and 3 some more money is being deposit.

Most likely Freedomcoins will start at C-CEX or/and Yobit to move to bigger exchange when we have a stable network.

is there already any wallet client available for installation ?

[placebo]

Okay, what kind of markets are going to be available for this coin?  Didn't read the whole thread, just the OP.

I have contacted Cryptsy, and they inform me that i have to let them now when the coin is launched. We meet the 10 BTC target so the project will start.

Based on the original planing i was expecting 20 BTC and then Freedom will become a sponsored coin on Bittrex, so we need to wait to see if in phase 2 and 3 some more money is being deposit.

Most likely Freedomcoins will start at C-CEX or/and Yobit to move to bigger exchange when we have a stable network.

is there already any wallet client available for installation ?

Wallet etc will be available at launch, all will be posted here.

[kurniajim]

btc address for phase 2??
is it same phase 1?

[placebo]

btc address for phase 2??
is it same phase 1?

Yes, it is the same. The Phase 1 results has been posted. So it is clear what was part of phase 1.

[Blockhunter]

I'm in phase 2

[placebo]

I'm in phase 2

Goodluck

[metamorphin]

ur distributionmodel is strange:

when I bought in the first phase and get 50% more worth coins, so u have to share 150k coins in the first phase...
in the second phase 125k...so for the third phase there are 125k?

I am a little bit confused...

[raetsch]

no, it must be a bit more complex.
you have a total amount of spent btc.
you have a total amount of coins.

you have to multiply the amount of btc spent in phase 1 by 1.5, phase 2 by 1.25
now you have the "real" total amount of spent btc.
now you have the price per coin and can distibute them to the buyers.

example:
paid in phase 1: 10.13 btc
paid in phase 2: 0.06 btc

phase 1 got +50%: 15.195 btc
phase 2 got +25%: 0.075 btc

15.27 btc on 400k coins= 3818sat/coin
buyers of phase 2 get 1964 coins, the rest will be for buyers of phase 1.

"real" price per coin phase 1: 2545sat
"real" price per coin phase 2: 3054sat

[metamorphin]

no, it must be a bit more complex.
you have a total amount of spent btc.
you have a total amount of coins.

you have to multiply the amount of btc spent in phase 1 by 1.5, phase 2 by 1.25
now you have the "real" total amount of spent btc.
now you have the price per coin and can distibute them to the buyers.

thanks :-)

[placebo]

no, it must be a bit more complex.
you have a total amount of spent btc.
you have a total amount of coins.

you have to multiply the amount of btc spent in phase 1 by 1.5, phase 2 by 1.25
now you have the "real" total amount of spent btc.
now you have the price per coin and can distibute them to the buyers.

example:
paid in phase 1: 10.13 btc
paid in phase 2: 0.06 btc

phase 1 got +50%: 15.195 btc
phase 2 got +25%: 0.075 btc

15.27 btc on 400k coins= 3818sat/coin
buyers of phase 2 get 1964 coins, the rest will be for buyers of phase 1.

correct, but the real cost for people that bought coins in phase 1 now is not 3818 sats as they didn't pay 15.195 but only paid 10.03 in real life, so the real cost per coin is currently way below 3000Sats but ICO isn't finished yet....

I think a few more BTCs will hit before the ICO is finished. I think a marketcap of 15 BTC will be the final results, so a $3000 coin. I think that is a good basic to make sure that every ICO investor can make money in the long run.

[raetsch]

of course, the price will change, but with numbers it is mostly easier to explain something... and the blockexplorer was already open, so i used the actual numbers.
 i will add the "real" price for the example at this very moment.

[placebo]

PHASE 2 ENDS IN

[placebo]

of course, the price will change, but with numbers it is mostly easier to explain something... and the blockexplorer was already open, so i used the actual numbers.
 i will add the "real" price for the example at this very moment.

It looks like your calculations will not change a lot

No new buying at the moment

[placebo]

PHASE 2 ENDS IN

PHASE 3 (AND ICO CLOSE) ENDS IN