[KINC] Trade Blockchain Secured Collectibles | Support Great Causes.

[npl]

Update: we have launched notpriceless.com - the blockchain secured collectible marketplace:

What is notpriceless?

notpriceless is a blockchain based collectible marketplace. Every collectible edition lives on the blockchain and is backed by a physical item.

Are these virtual or real items?

You are collecting real, physical items. You can ask to have the item sent to you at any time by redeeming your digital token.

How do I collect items?

Simply bid on an item or buy from the marketplace – once you’ve won, it will be added to your vault.

What can I do with the items I own?

You can redeem your digital token for a physical item which will be sent to you. You can also trade, sell or transfer your digital token easily on our marketplace.

How do I verify ownership?

All editions are verifiably unique – your proof of ownership is inscribed on the blockchain, and that lets you easily sell, transfer or trade any edition you own. A certificate of authenticity with a cryptographic key is attached to each item.

Go to the Marketplace:

When you bid on notpriceless.com with Kindcoins you get to support great causes:

Introduction

Bitcoin and the blockchain have shown the potential to usher an economic and social revolution. Those of us who live and breath cryptocurrencies have no doubt they will fulfill this potential and transform the prevailing financial and social structures. However, a number of factors still prevent mass adoption:  

1. Most people outside the bitcoin community are still unclear about how digital currencies can have a strong positive impact on their own lives and on their community; 2. There aren’t a lot of places where you can use digital currency to easily buy or sell real world, tangible goods; 3. Most people outside the bitcoin community still face technical obstacles when trying to move from fiat to digital currency.

Kindcoin was designed to address all these challenges and become a widely used platform – appealing not just to cryptocurrency fanatics but to everyone.


What is Kindcoin?

Kindcoin is a 2nd generation cryptocurrency powered by Counterparty and the first SPOW coin (Social Proof of Work). Since Kindcoin is built on top of Bitcoin you do not mine for Kindcoins by applying computational proof of work. Instead you ‘mine’ Kindcoins by supporting causes.

You can easily spend, store or transfer Kindcoins to other people. Use your Kindcoins on rewards at Kindshack.com, pledge them, or trade them.

All pledges to causes are made in a decentralized manner – we are not personally connected to the causes you choose to give to, and do not have any access to the funds you pledge.

How does it work?

1. Go to counterwallet.io and click on 'create new wallet'.

2. Select a cause from the list and pledge your chosen amount (specific details will be given prior to launch).

3. That's it, Kindcoins will soon be sent to your counterwallet.io address!


A total of 21,000,000 Kindcoins will be distributed. Phase one will distribute up to 1.6M Kindcoins (any coins not distributed at the end of each phase will be destroyed, reducing total supply).
In phase 1 of the distribution, for each $1 you pledge you’ll receive 64 Kindcoins. Rewards will be halved in phase 2 (so 32 Kindcoins are earned for each $1).  
Rewards will be reduced after every phase in accordance with a schedule published below.

What can you do with Kindcoins?

You can easily transfer your Kindcoins to anyone, or trade them for other coins like bitcoin, using your Counterwallet. In addition, you can bid on awesome limited edition collectibles at notpriceless.com


How do I get Kindcoins?

By supporting great causes! Here are the instructions on how to earn Kindcoins.

[Razerglass]

Reminds me of care coin

[TimSweat]

So if I read this right , it's trade real money for the crypto instead of BTC ? HMMM . And to top it off it another IPO/ICO type coin ?

I'll pass for now till I see more .

[LordCoder]

SPOW? Man, is it mineable or not? If not, it's just another scamcoin. But you're a 2013 members so who knows...

[cakir]

SPOW? Man, is it mineable or not? If not, it's just another scamcoin. But you're a 2013 members so who knows...

On  the website it says: "1. Go to counterwallet.io and click on 'create new wallet'."
This is not mineable. It's an asset. Probably will be ICO,IPO scamshit.

[npl]

Man, is it mineable or not?

IPO/ICO type coin ?

Kindcoin is powered by Counterparty, which is built on top of Bitcoin blockchain so there is no 'extra' mining needed to protect the blockchain.

There is no ICO/IPO, you do not purchase coins from us, you earn it by supporting causes (we do not have access to the funds you pledge).

Currency supply: 21 million Kindcoins is the total supply in the GENESIS BLOCK. They will be distributed in 10 phases over a period of 3 years: phases 1-9 will distribute up to 9.8M coins (any coins not distributed will be destroyed).  Phase 10 will distribute an additional 9.8 million coins using a uniform supply auction (all funds raised in all phases, including phase 10, will be pledged directly to causes). 1.4M Kindcoins reserved for giving away rewards on Kindshack, development and operation costs, and transaction fees.

 

[npl]

So if I read this right , it's trade real money for the crypto instead of BTC ?

Kindcoin was designed to reward you when you choose to pledge to causes and and support goals you believe in. It harnesses the power of the blockchain for social good.
You'll be able to trade Kindcoins for BTC by using the counterparty DEX soon after launch.

[LordCoder]

CounterParty seems a nice option for a cryptocurrency. Definitely I didn't know that system before this coin, and could be great for this kind of purpose. Best of luck!

[npl]

CounterParty seems a nice option for a cryptocurrency. Definitely I didn't know that system before this coin, and could be great for this kind of purpose. Best of luck!

Thanks, there is a thread about Counterparty with more information here https://bitcointalk.org/index.php?topic=395761.0

[Razerglass]

SPOW? Man, is it mineable or not? If not, it's just another scamcoin. But you're a 2013 members so who knows...

Its just a purchased account.

[npl]

Distribution schedule: in the first reward phase 64 coins will be released for each $1 pledged. Up to 1.6M Kindcoins will be distributed in this phase, which will last for 14 days. Any coins allocated but not distributed will be destroyed. In the next phase, 32 Kindcoins will be released for each $1 pledged. Rewards will be halved in each subsequent phase.

[npl]

Its just a purchased account.

That's an issue in this forum, huh? An intelligent perusal of my posting history should disabuse you of that notion.

[gioma]

Nice idea but lacks on style

[Kindcoin]

Thread updated with release date information!

[hashmaster1]

What type of mining will it b or is it ico....

[ukon]

launch ?? 5 days or 3 days 

[npl]

What type of mining will it b or is it ico....

Kindcoin is powered by Counterparty and secured by the Bitcoin Blockchain, so there is no mining.

There is no ICO either. An ICO involves buying the coins from the developer (or from an intermediary who then pays the developer), but that is not how Kindcoin works- we do not sell you the coins or receive any payment for them. Instead you earn Kindcoins is by verifiably pledging to a cause. This not only means that every Kindcoin in existence involves doing a social good, it also helps to ensure that, going forward, the Kindcoins you own have real monetary value.    

[Kindcoin]

launch ?? 5 days or 3 days  

Launch is Sep 24th.

[npl]

Sign up at Kindshack.com to be notified first when rewards become available. Kindshack.com will be live a few days after Kindcoin is launched.

[npl]

Here's a look at some of the stuff that will be available on Kindshack after it launches, with Kindcoins as the exclusive currency: