[ANN] 2ndEUR – A stable currency paying dividends every two weeks

[marthagriffin]

https://i.imgur.com/VGVf71H.png

Website :: Twitter :: Block Explorer (coming soon)

Basics:

2ndEUR is a decentralized peer-to-peer cryptocurrency derived from Jordan Lee's Peershares, which itself was derived from Satoshi Nakamoto's Bitcoin.
There are many cryptocurrencies persueing the goal to form a stable unit for payment and settlement.

2ndEUR has the ambition to reach this goal. We distribute dividends in Peercoin every two weeks to every holder over a period of 104 weeks (2 years).  

CONDITION:    the price is stable on coinmarketcap in a margin of +/- 10% around € 0.01
The dividends come from a presale.

*****

Presale:

This is a step we are going to have to take in the order to gain inital funding to pay dividends in Peercoin.  
Download the Wallets for your operating system -we supported:

Linux 32bit      Linux 64bit      Windows 32bit   Windows 64bit

Chose the amount of 2ndEUR you prefer and enter your 2ndEUR address  – NO ACCOUNT NEEDED

The price starts at 1 BTC = 35,000 2ndEUR
and rise up to 1 BTC = 25,000 2ndEUR

the price increase every two weeks.
During the presale we can accepted many altcoins (more than 30 currencies), so if you don't want to pay in Bitcoin you can spend the following currencies:

Archoin	Blackcoin	BitcoinDark	Clams	BitUSD	Bitshares	Counterparty	DigiByte	Dogecoin
Dash	Ether	Feathercoin	FlorinCoin	GEMZ	Hyper	Litecoin	Maidsafe	Mastercoin
Mintcoin	Monacoin	Monero	Nubits	Novacoin	Peercoin	Potcoin	Reddcoin	Ripple
Shadowcash	SWARM	Startcoin	StrojcoinX	TehterUSD	Unobtanium	Vericoin	BitCrystals

There are 800 million coins availabe.

The unsold coins will be distributed to all early adopters proportionately to their amount of already bought 2ndEUR.

The presale ends after 42 days or all coins are sold. Every early adopters get their coins at the end of the presale.

*****

Specification:

Max Money	5 Billion
Block time	1 minute
Nominal stake interest	1% annually
Min stake age	4 hours
Max stake age	30 days
Confirmation	6	maturity	100
P2P Port	9924	RPC Port	9925
Minimum Transaction Fee:	0.01 2ndEUR

*****

FAQ

Why supporting a presale?
Presale offers purchase of 2ndEUR using altcoins to currency holders    only BTC will be used as trading pair on exchange markets.

Why does BTC is used as exchange currency on Shapeshift? (Alternatives: Peercoin, ...)
Even if Peercoin and other currencies are accepted too, BTC was chosen dued to it´s liquidity.
There always will be enough volume of BTC in circulation.

Unsold 2ndEUR – what happens?
The unsold coins will be distributed to all early adopters proportionately to their amount of already bought 2ndEUR.

Imagine Robert pay 1 BTC  (1 BTC = 35,000 2ndEUR) at the very beginning of the sale. Robert is the only person to pay thus far, he now has claim to all 800,000,000 2ndEUR.
However shortly thereafter, a second person, Sarah decides to pay 3 BTC (1 BTC = 35,000 2ndEUR) to the sale as well.
Consequently, Robert now lays claim only 200,000,000. Sarah receives the other 600,000,000 2ndEUR.
However, if a third person, John, purchases 10 BTC (1 BTC = 25,000 2ndEUR) at the end of the presale.
John bought 250,000, Sarah 105,000 and Robert 35,000 2ndEUR.
   sold coins:            390,000
   unsold coins:   799,610,000

John: (250,000 / 390,000) *799,610,000 + 250,000    512,820,512.8 2ndEUR
Sarah: (105,000 / 390,000)*799,610,000 + 105,000   215,384,615.4 2ndEUR
Robert: (35,000 / 390,000) *79,961,000 + 35,0000     71,794,871.8 2ndEUR

In this sense, the sale works  as a kind of auction.

Does the adress of the bounty programm touch dividens too?
No, only currency users will get dividens.

IIn case of fail to accomplish the aim of stable price condition 0,01 € / ± 10 % - what happens?
The sum of all dividens distributions is 52 times (regarding the period of 2 years / dividens distribution every 2 weeks).
If the price isn´t stable around the given conditions, no dividens will be distributed during this precise timeframe.

When does the community of currency users gets the first dividens distribution?
Four weeks after presale´s end.

[1715631532]

1715631532

[1715631532]

1715631532

[1715631532]

1715631532

[1715631532]

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[1715631532]

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[ldp5500]

Where can I buy such a good coin it?

[marthagriffin]

you can buy the 2ndEUR during the presale on our website

[marthagriffin]

Where can I buy such a good coin it?

thank you

[jfourthytwo]

all coins will be distributed back as dividends?

[marthagriffin]

all coins will be distributed back as dividends?

all coins will be distributed as dividends over two years

[jfourthytwo]

all coins will be distributed back as dividends?

all coins will be distributed as dividends over two years

thanks for your response

[marthagriffin]

I'm looking forward to addressing concerns and questions forum participants will have.

[EnigmaDE]

Wallets available?

[marthagriffin]

wallets available on our website three days before the presale starts.

[wildduck]

When the presale is starting?

[marthagriffin]

When the presale is starting?

2015-13-12 2:00 a.m. CET
you can see the countdown on our website

[marthagriffin]

cphi told: Looks dubious to say the least.

wallets are available before the presale starts.
the BTC address will published to view the transactions on blockchain.info

[EnigmaDE]

how do you pay out the dividends ?

[marthagriffin]

how do you pay out the dividends ?

the dividends in Peercoin will be distributed outside an exchange (like Banx Share).

[marthagriffin]

Roadmap

• Create a innovative bonus program for merchants and bounties (we hold 200 million coins for the bonus program)
• Set up a security infrastructure
• Built an instant exchange for more altcoins
• Set up a founding platform for non-profit organizations
• Create a payment gateway for 2ndEUR, for example coinbase

[EnigmaDE]

any buywall? (for example some YoBit ICO's have 100%)

[raetsch]

will there be the source available, when the wallets are released?

[marthagriffin]

will there be the source available, when the wallets are released?

source code will be available during the presale.
wallets available before the sale starts

[marthagriffin]

any buywall? (for example some YoBit ICO's have 100%)

no - the sale works  as a kind of auction. No buywall

[marthagriffin]

I'm also available at 2ndeur@gmail.com

[marthagriffin]

I will post an image of the working wallet.

[marthagriffin]

wallet:
https://i.imgur.com/kif85zt.png

[EnigmaDE]

looks interesting.
decentral dividends system

[jfourthytwo]

working wallet (unlike Mercurial or Equilibria Framework)

[marthagriffin]

working wallet (unlike Mercurial or Equilibria Framework)

Before the sale, offline wallet will be distributed for creating a receiving address that you must useto purchase the coin

[marthagriffin]

looks interesting.
decentral dividends system

The client does not send out dividends itself. It must be used with a Peercoin or Peerunity wallet, with both running at the same time. 2ndEUR will automate sending dividends through the coin wallet using RPC commands.

[marthagriffin]

to all: May you have a nice evening!

[marthagriffin]

hint: Namecoin NMC and Stellarcoin are actual offline on Shapeshift.io

[marthagriffin]

Monero is temporary offline on shapeshift.io

[marthagriffin]

The initial 2ndEUR client for the presale has been released.

Presale to Crypto Community

Commerncing on 2015-12-12 2 a.m. (CET), 2ndEUR will sell over 800 million coins to the crypto community in change for Bitcoin and over 30 altcoins. All proceeds of the the presale will distributed back as
dividends.

[wildduck]

I`m ready start and go. let`s buy some.

[marthagriffin]

I`m ready start and go. let`s buy some.

thank you.

[marthagriffin]

The presale is now live at our website - https://2ndeur.org

[craslovell]

The presale is now live at our website - https://2ndeur.org

Anyone purchase any yet? If it helps Peercoin in some way then I may not be opposed.

[marthagriffin]

The presale is now live at our website - https://2ndeur.org

Anyone purchase any yet? If it helps Peercoin in some way then I may not be opposed.

We help Peercoin.
We buy PPC for paying dividends and the Peercoin price increase.

[aizzaku]

seems good.. downloading wallet and investing little for now

[craslovell]

Increasing the amount of accepted altcoins at any point?

[aizzaku]

when i put my tx id ff6a57f09fdf56da592104ad524978dab43483423370951fd11aafdb48cf6c45

it says error writing file

and do i need peercoin wallet as well ? for peershares folder ?

[marthagriffin]

when i put my tx id ff6a57f09fdf56da592104ad524978dab43483423370951fd11aafdb48cf6c45

it says error writing file

and do i need peercoin wallet as well ? for peershares folder ?

we will fix the problem on our website as soon as possible

please send me a pm with your tx-id and 2ndEUR address. Thank you

[marthagriffin]

and do i need peercoin wallet as well ? for peershares folder ?

Yes you need a peercoin wallet

here are the instructions to import your peercoin dividends from the 2ndEUR client

Make sure that for both 2ndEUR and your Peercoin wallet client that you have a configuration file available, and that each has at a minimum the following information.

server=1
rpcuser={something}
rpcpassword={something}

Once the same configuration files are in place, launch both clients.

 After the networks have done their respective synchronizations, open up the debug window in your Peercoin wallet from the file menu: Help > debug window. Next, select the "Console" tab and in the input at the bottom, enter the command to unlock your wallet (not just for minting, but for all operations):
walletpassphrase <passphrase> <timeout>
for example: walletpassphrase sparkles 300 = unlocks the wallet for 5 minutes
if your password contains special characters or spaces, make sure to wrap it in quote
After you have unlocked the Peercoin wallet, go back to your 2ndEUR wallet
From the file menu: 2ndEUR > Export Peercoin keys

If everything works as expected, you will see a dialog appear with a count of the number of addresses that have been exported. You can confirm this action by viewing your Peercoin wallet and looking on the "Receive Coins" tab. There should be a number of new addresses with the label "2ndEUR" that match the number that was exported in the previous step. If you do not see this, please make sure that your wallet was unlocked (and not just unlocked for minting).

[aizzaku]

and do i need peercoin wallet as well ? for peershares folder ?

Yes you need a peercoin wallet

here are the instructions to import your peercoin dividends from the 2ndEUR client

Make sure that for both 2ndEUR and your Peercoin wallet client that you have a configuration file available, and that each has at a minimum the following information.

server=1
rpcuser={something}
rpcpassword={something}

Once the same configuration files are in place, launch both clients.

 After the networks have done their respective synchronizations, open up the debug window in your Peercoin wallet from the file menu: Help > debug window. Next, select the "Console" tab and in the input at the bottom, enter the command to unlock your wallet (not just for minting, but for all operations):
walletpassphrase <passphrase> <timeout>
for example: walletpassphrase sparkles 300 = unlocks the wallet for 5 minutes
if your password contains special characters or spaces, make sure to wrap it in quote
After you have unlocked the Peercoin wallet, go back to your 2ndEUR wallet
From the file menu: 2ndEUR > Export Peercoin keys

If everything works as expected, you will see a dialog appear with a count of the number of addresses that have been exported. You can confirm this action by viewing your Peercoin wallet and looking on the "Receive Coins" tab. There should be a number of new addresses with the label "2ndEUR" that match the number that was exported in the previous step. If you do not see this, please make sure that your wallet was unlocked (and not just unlocked for minting).

 okay im waiting for them to sync  up

[ifinta]

when i put my tx id ff6a57f09fdf56da592104ad524978dab43483423370951fd11aafdb48cf6c45

it says error writing file

and do i need peercoin wallet as well ? for peershares folder ?

I guess you bought 100 2ndEUR. I did too.
Why is 100 x 0.00002857 = 0.00285714

[aizzaku]

when i put my tx id ff6a57f09fdf56da592104ad524978dab43483423370951fd11aafdb48cf6c45

it says error writing file

and do i need peercoin wallet as well ? for peershares folder ?

I guess you bought 100 2ndEUR. I did too.
Why is 100 x 0.00002857 = 0.00285714

IKR !!!! and the wallet doesnt sync -.-

[marthagriffin]

when i put my tx id ff6a57f09fdf56da592104ad524978dab43483423370951fd11aafdb48cf6c45

it says error writing file

and do i need peercoin wallet as well ? for peershares folder ?

I guess you bought 100 2ndEUR. I did too.
Why is 100 x 0.00002857 = 0.00285714

IKR !!!! and the wallet doesnt sync -.-

This is an inital offline wallet for creating a receiving address.

[aizzaku]

when i put my tx id ff6a57f09fdf56da592104ad524978dab43483423370951fd11aafdb48cf6c45

it says error writing file

and do i need peercoin wallet as well ? for peershares folder ?

I guess you bought 100 2ndEUR. I did too.
Why is 100 x 0.00002857 = 0.00285714

IKR !!!! and the wallet doesnt sync -.-

This is an inital offline wallet for creating a receiving address.

okay

[mhps]

How do you guarantee that the value is 1 euro? Do you hold a reserve? Do you have buy/sell walls? You are the counterparty of the users and there is no mitigation against counterparty risk. If you don't  or cannot pay 1 euro for one token sold there is nothing the users can do. When the price crashes down even 1 billion of your tokens cannot buy 1 ppc for dividends because no one will buy your tokens.

[marthagriffin]

If the price is stable around 0.01€ we will distribute dividends in peercoin.