[PRE-ANN] Decennary ~ A decade of mining ~ Physical pure gold coin rewards

[bitspender]

~ Cryptocurrency has not changed. It has only evolved to ease the scamming ~
 
Getting tired of terms like superblocks, Pos, vDpos, random rewards, fancy roadmaps and all crazy stuff scammers invented the last couple of years?
Do you want to get back to mining a coin, the way mining is supposed to be? Do you want to have a solid, valueable reward for your hard work?
 
Introducing Decennary.
 
A decade of pure mining for the die-hard dinosaurs left in cryptoscene.
Very low block rewards with physical silver and pure gold coin rewards for the winners.
 
Decennary will have an annual reward of 80 ARY, having a total of 1000 ARY ever.


ARY specifications
 
1 minute block time
1440 blocks per day @ 0.00015220694 block reward making ~0.2191780 ARY/day
~80 ARY per year only.
SHA256 algorithm
No inflation, no POS.
 

Convert your virtual coins into solid silver or golden coins.
 
I've teamed up with well known, vouched and trusted legendary member bigtimespaghetti to make this part work out.
Owner of anarcoins.com, bigtimespaghetti has proven himself by creating some nice pure silver and golden coins/bars on these forums.
You can find some of his work here, and here.
He always makes outstanding quality products using the finest materials available.
 

Self sustaining market function

Due to the very low block reward, it will be extremely hard to obtain some ARY.
When a miner qualifys to exchange his ARY into a physical coin, the ARY will be sold back on the market.
This way, every now and then, some ARY will become available for sale on the exchange, making it self sustaining.

 
Reward structure to qualify for a physical coin.
 
Every year, a total of 5 coins will be issued. 50 physical coins will be struck once Proof of Work started.
The year and design of the coin will be changed every year, so you'll always hold a unique value.
Every coin is laser engraved, numbered and comes with a certificate of authenticity.
 
 
10 ARY : Pure silver physical coin (3 available per year) with your username laser engraved.
20 ARY : Silver with gold plated physical coin (2 available per year) with your username laser engraved.
40 ARY : Pure golden physical coin (1 available per year) with your username laser engraved.

The weight of the coin should match the price in raw materials. Final weight specifications are yet to be announced.
 
 
How do we get this started?
 
200 ARY are available for public presale in order to gather enough fundings to start creating the physical coins.
The presale will last until December, 15th. Every remaining ARY will be burned to one of Earl's proven unspendable addresses.
 
Presale customers are free to choose how to use the ARY; They can swap it against a physical coin, or can hold the coins to use them on an exchange.
During the presale only, 25 physical coins will be minted to reward our presale customers.
You are not buying or investing in thin air, but you will get a solid, unique coin in return.
 
The presale coin will be a unique design, and will be numbered. Only 25 will ever be struck.
 
To have a fluid start on this project, here is the reward structure during presale period only
 
05 ARY: Numbered Pure silver coin (18 available)
10 ARY: Gold plated physical coin (5 available)
25 ARY: Pure golden physical coin (2 available)
 
Your physical coins is expected to be ready and shipped to you in airtight cases by the end of January 2016.
Due to it's high material value, 1 ARY = 0.5btc during the presale. Minimum buy starts at 0.5 ARY.
 
To subscribe to our public presale, please send your btc to the address below
 
1FWGoYPWVpaZxkYvBSN6Qut6YDvTvHydc2

 
Send your TXid, name, email and address in PM to bigtimespaghetti.
Your username will be put on the public Google Sheet (unless requested for privacy reasons).
 
Presale Google sheet URL to be posted.


When do we get started?
 
The presale is live from the moment this ANN is posted. It will last until December, 15th, or until the presale is sold out.
Proof of Work, sourcecode and wallet release is planned December, 16th 20th (community request) at 23:00 GMT +0
 
At this moment,'bigtimespaghetti is working hard to get the coin designs ready.
Take into account that creating a physical coin takes some time, and lots of efforts and trials.
As soon as the first coin has been struck, high quality images will be posted in this ANN.
 

BTCBTCBTCBTC PRESALE END BTCBTCBTCBTC




BTCBTCBTCBTC POW START & WALLET RELEASE BTCBTCBTCBTC

Question and Answer

Q: Where are the fancy graphics?
A: You failed to understand the essence of this coin. The logo however will be released soon. And no, don't expect any fancy bling bling.

Q: What about TAM?
A: Unrelated to this project, such questions will be deleted.

Q: Wait.. How can we trust you?
A: This is not a solo project. The trust, experience and quality of legendary member bigtimespaghetti speaks for itself.

Q: Are there any bounties?
A: Depends on what you can offer me. PM me!


Pools

tba

Wallets and source

tba

Social

tba

Topic and project rules
 
This project took months of brainstorming and planning.
The thread will be about Decennary only. All other posts will be removed.

This is a pre announcement, please check for regular updates on this thread.
Look out for viruses and phishing attacks! Only follow links posted by us!

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[WePromoteCrypto]

Good to see old members bringing new projects to life.

Wish you good luck, looks interesting

[bitspender]

Good to see old members bringing new projects to life.

Wish you good luck, looks interesting

It took you only 24 seconds to read and reply 

[jimlite]

Interesting. When does mining start?

P.S. If I am reading things right, I do see a problem.
5 ARY or 2.5 BTC for what I assume is a 1oz silver coin?
Or $825 for a $15 silver coin? Seems ridiculous now.

[bitspender]

Interesting. When does mining start?

Proof of Work, sourcecode and wallet release is planned December, 16th at 23:00 GMT +0 

[WePromoteCrypto]

Good to see old members bringing new projects to life.

Wish you good luck, looks interesting

It took you only 24 seconds to read and reply  

It took me 24 seconds to post "reading", then I edited, after I read the ANN

[kcanup]

Good to see old members bringing new projects to life.

Wish you good luck, looks interesting

Old members? Dont forget to click link below and see for yourself, just a fair warning 

https://bitcointalk.org/index.php?topic=950607.0
https://bitcointalk.org/index.php?topic=1220114.msg12957678#msg12957678

[bitspender]

Good to see old members bringing new projects to life.

Wish you good luck, looks interesting

Old members? Dont forget to click link below and see for yourself, just a fair warning 

https://bitcointalk.org/index.php?topic=950607.0
https://bitcointalk.org/index.php?topic=1220114.msg12957678#msg12957678

I consider your post a fair warning, so i won't delete it 

[kcanup]

Good to see old members bringing new projects to life.

Wish you good luck, looks interesting

Old members? Dont forget to click link below and see for yourself, just a fair warning 

https://bitcointalk.org/index.php?topic=950607.0
https://bitcointalk.org/index.php?topic=1220114.msg12957678#msg12957678

I consider your post a fair warning, so i won't delete it 

Oh i didnt realise i posted in moderated thread lol but i am hoping you are who you say you are.. Good luck and watching 

[hempfarmer]

Hey Bitspender and bigtimespaghetti, do you guys hang out on precious metal forums or anything dealing with gold and silver? Ive heard a few groups are working with investors to back coins with gold and silver collectables like this and WBB.

[bigtimespaghetti]

Hey Bitspender and bigtimespaghetti, do you guys hang out on precious metal forums or anything dealing with gold and silver? Ive heard a few groups are working with investors to back coins with gold and silver collectables like this and WBB.

Hey, just popping in the thread to confirm my involvements.

Do you have any links to these forums hempfarmer? Sounds interesting, I had no idea people were backing coins like these.

[bitspender]

Hey Bitspender and bigtimespaghetti, do you guys hang out on precious metal forums or anything dealing with gold and silver? Ive heard a few groups are working with investors to back coins with gold and silver collectables like this and WBB.

Hey, just popping in the thread to confirm my involvements.

Do you have any links to these forums hempfarmer? Sounds interesting, I had no idea people were backing coins like these.

I agree, that could be a valuable asset to this project.

[bitspender]

Update: I'm going to apply to Poloniex for an exchange listing around February 2016.
Contacted OCminer for a pool setup once POW starts as well

[bitspender]

another  , from him

Topic and project rules
 
This project took months of brainstorming and planning.
The thread will be about Decennary only. All other posts will be removed.

[fmz89]

  u said 5oz for 12,5 btc its fair enough with unique design & username on it
free shipping worldwide?

[bitspender]

u said 5oz for 12,5 btc its fair enough with unique design & username on it

Updated OP

The weight of the coin should match the price in raw materials. Final weight specifications are yet to be announced.

[fmz89]

  waiting for sample design & final weight,

[8888771]

1 ARY is 0.5 BTC and it costs 40 ARY for a gold coin. Is this correct please? 20 BTC total.

[zoneout]

Very ambitious project, are you sure you will make it? I wish you good luck!

[bitspender]

1 ARY is 0.5 BTC and it costs 40 ARY for a gold coin. Is this correct please? 20 BTC total.

That is wrong.

40 ARY for a golden coin is during POW.
You will not be able to buy ARY after the presale, so it's real price is you will need to mine it for several years to accumulate enough ARY.

With only 80 ARY issued per year, it will not be an easy task to accumulate those.
However, if someone from the presale decides to offer his ARY on an exchange, you could buy those and swap them.

The price of 1 ARY will be set by the exchanges, but i have a feeling it won't come cheap due to it's reward being solid precious metals and collectible value.

Do not mix the presale to get this project started with the reward structure of ARY please.
The mission here is to mine for a very long time in order to collect the unique coins, not to buy them.