[ANN] Bantam [BNT] The world's first Crypto Collateral System | BTC Loans

[Rago]

I ALSO WANT TO SELL THIS MY SHITCOINS FUCK OFF DEV 

[noel57]

I ALSO WANT TO SELL THIS MY SHITCOINS FUCK OFF DEV  

How many of these coins do you have? pm me.

[BuWICK]

This probably have changed the whole announcement of this coin, initially it was 1 btc for 1000 BNT and now it is 0.2 btc for 3000 BNT.
This does not speak well of this coin.

YEAH MAN DEV IS MAD I THINK HE CHANGE THE WHOLE COIN DIRECTION

DEV WTF IS WRONG WITH YOU WANT TO KILL YOUR COIN OR WHAT?

lol you have -32 trust score you not even eligable

[BantamSystems]

This probably have changed the whole announcement of this coin, initially it was 1 btc for 1000 BNT and now it is 0.2 btc for 3000 BNT.
This does not speak well of this coin.

These are the terms for round one, baring in mind we are pledging 50 BTC worth of loans over each 24 month period

each round will have varying conditions

and you are correct, in round one, 1,000 BNT in holdings and 2,000 BNT pledged as collateral net's you a 0.2 BTC loan

If you do not agree with these terms, please do not participate

Anyone else who wishes to participate there are five 0.2 BTC loans on offer as per the terms listed above, place your request and we'll go from there

[Pyramusx]

Okay dev:

Code:

== BEGIN PLAINTEXT MESSAGE ==
I, Pyramusx, guarantee that these are my BNT holdings: 4,489.71782918 BNT. I pledge 2,000 BNT and will hold 1,000 BNT in wallet. 

Purpose of the loan: To help demonstrate how BNT will work to forum users and might as well take some time to 'invest' in shitcoins. 

Repayment: Will repay before January 15th in installments of 0.0525 BTC as necessary. 30 days not required. 
== END PLAINTEXT MESSAGE ==
Signed with Bantam address BFAsmcXDYkZTFD6SGZ864PTyVcQd67KRo8:
H0dVkFXBU+1IA5J+A65HmzhqFvSknfEPceWGwG1udWtypl2jX3mTsvOWwO4bea7jpjRVdYx25bRogeEE84reECU=

[Rago]

This probably have changed the whole announcement of this coin, initially it was 1 btc for 1000 BNT and now it is 0.2 btc for 3000 BNT.
This does not speak well of this coin.

YEAH MAN DEV IS MAD I THINK HE CHANGE THE WHOLE COIN DIRECTION

DEV WTF IS WRONG WITH YOU WANT TO KILL YOUR COIN OR WHAT?

lol you have -32 trust score you not even eligable

JUST SHUT YOUR DIRTY MOUTH KID

[Pyramusx]

This probably have changed the whole announcement of this coin, initially it was 1 btc for 1000 BNT and now it is 0.2 btc for 3000 BNT.
This does not speak well of this coin.

YEAH MAN DEV IS MAD I THINK HE CHANGE THE WHOLE COIN DIRECTION

DEV WTF IS WRONG WITH YOU WANT TO KILL YOUR COIN OR WHAT?

lol you have -32 trust score you not even eligable

JUST SHUT YOUR DIRTY MOUTH KID

What did you do to get that low trust rating? Lol were you the one behind all of last year's scams?

[BantamSystems]

PROCESSING

Please post your btc address

Okay dev:

Code:

== BEGIN PLAINTEXT MESSAGE ==
I, Pyramusx, guarantee that these are my BNT holdings: 4,489.71782918 BNT. I pledge 2,000 BNT and will hold 1,000 BNT in wallet. 

Purpose of the loan: To help demonstrate how BNT will work to forum users and might as well take some time to 'invest' in shitcoins. 

Repayment: Will repay before January 15th in installments of 0.0525 BTC as necessary. 30 days not required. 
== END PLAINTEXT MESSAGE ==
Signed with Bantam address BFAsmcXDYkZTFD6SGZ864PTyVcQd67KRo8:
H0dVkFXBU+1IA5J+A65HmzhqFvSknfEPceWGwG1udWtypl2jX3mTsvOWwO4bea7jpjRVdYx25bRogeEE84reECU=

Please note, if at anytime before settlement of this debt your BNT holdings fall below 1,000 BNT this will be a default as per section 3 of our terms and your collateral will be seized and absorbed into the bantam reserve

[Gladimor]

Hello developer,

Do you have any plans for exchanges? If so, which do you plan on having this coin listed on?

All the best,
Adam

[Rago]

I ALSO WANT TO SELL THIS MY SHITCOINS FUCK OFF DEV  

How many of these coins do you have? pm me.

DONE

[Pyramusx]

PROCESSING

Please post your btc address

Okay dev:

Code:

== BEGIN PLAINTEXT MESSAGE ==
I, Pyramusx, guarantee that these are my BNT holdings: 4,489.71782918 BNT. I pledge 2,000 BNT and will hold 1,000 BNT in wallet. 

Purpose of the loan: To help demonstrate how BNT will work to forum users and might as well take some time to 'invest' in shitcoins. 

Repayment: Will repay before January 15th in installments of 0.0525 BTC as necessary. 30 days not required. 
== END PLAINTEXT MESSAGE ==
Signed with Bantam address BFAsmcXDYkZTFD6SGZ864PTyVcQd67KRo8:
H0dVkFXBU+1IA5J+A65HmzhqFvSknfEPceWGwG1udWtypl2jX3mTsvOWwO4bea7jpjRVdYx25bRogeEE84reECU=

Please note, if at anytime before settlement of this debt your BNT holdings fall below 1,000 BNT this will be a default as per section 3 of our terms and your collateral will be seized and absorbed into the bantam reserve

Edit: I believe we aren't allowed to post addresses. Will PM

[Rago]

EXCHANGE NEED FOR COIN FAST OR GO TO HELL SCAM DEV & COIN 

[BantamSystems]

First BNT loan furnished to Pyramusx

Transaction: 8ed2442f1bbd2187d612afca77d911aee896e9b098c1810a8407c165d0ec58a0

Okay dev:

Code:

== BEGIN PLAINTEXT MESSAGE ==
I, Pyramusx, guarantee that these are my BNT holdings: 4,489.71782918 BNT. I pledge 2,000 BNT and will hold 1,000 BNT in wallet. 

Purpose of the loan: To help demonstrate how BNT will work to forum users and might as well take some time to 'invest' in shitcoins. 

Repayment: Will repay before January 15th in installments of 0.0525 BTC as necessary. 30 days not required. 
== END PLAINTEXT MESSAGE ==
Signed with Bantam address BFAsmcXDYkZTFD6SGZ864PTyVcQd67KRo8:
H0dVkFXBU+1IA5J+A65HmzhqFvSknfEPceWGwG1udWtypl2jX3mTsvOWwO4bea7jpjRVdYx25bRogeEE84reECU=

0.2 BTC @ 5% interest, 2,000 BNT held as collateral: BDcvTg533EY9GE33KQDJngEETR3ugRu2re

https://bitcointalk.org/index.php?topic=1301227.msg13349378#msg13349378

1Db1odtcss3q4dytjBpSYQAfnf5DS7iuqS is my address

Three more loans remaining terms are below

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

The Bantam Project offers FIVE 0.2 BTC loans at 5 percent interest

To qualify, you will publicly declare the BNT address that contains your Bantam (BNT) holdings with signed transactions for verification and you will also state the amount of BNT that you are pledging as collateral. You will also state clearly what you intend to do with the loan, and how you intend to furnish repayments.

Required BNT holdings per each 0.2 BTC loan: 1,000 BNT
Required BNT collateral pledge per each 0.2 BTC loan: 2,000 BNT

Each loan must be paid, within 30 days, back by way of four 0.0525 BTC payments

Failure to repay will result in a default, and all BNT pledged in collateral will be seized and absorbed into the bantam reserve.

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


BY PARTICIPATING IN THE BANTAM PROJECT, YOU AGREE TO BE BOUND BY THESE TERMS AND ALL OTHER TERMS INCORPORATED BY REFERENCE. IF YOU DO NOT AGREE TO ALL OF THESE TERMS, DO NOT USE OUR SERVICES.


1. Definitions

“Collateral” means units of Bantam (BNT) pledged as backing for repayment of a loan, to be forfeited in the event of a default.

“Holdings” means units of Bantam (BNT) in someone’s possession.

“Loan” means a sum of digital currency that is borrowed, and expected to be paid back with interest.



2. Eligibility

Individuals with provable “holdings” of 1,000 units of Bantam (BNT) or more, become eligible to receive a loan of up to 1 Bitcoin (BTC) via the Bantam Reserve. These individuals must pledge BNT “collateral” which is separate from their BNT “holdings.” Pledging of BNT Collateral will form a covenant guaranteeing repayment of any loan that is furnished. Should this covenant be broken, all collateral is forfeited and absorbed into the Bantam Reserve.



3. Obligations

In order to qualify as an eligible candidate for a loan, you will publicly declare the BNT address that contains your Bantam (BNT) holdings with signed transactions for verification and you will also state the amount of BNT that you are pledging as collateral. You will also state clearly what you intend to do with the loan, and how you intend to furnish repayments.

Borrowers must maintain holdings of at least 1,000 BNT to render themselves low risk. We reserve the right to seize all BNT pledged as “Collateral” if, before complete settlement of their loan, the borrower’s BNT “holdings” are found to be less than the required minimum of 1,000 units of Bantam (BNT)

We may, at our discretion, refuse loan applications if ability to repay is deemed to be uncertain. We will refuse applications if the applicant posts a loan request from a bitcointalk.org forum account that is ranked lower than “Jr. Member.” Loan requests will be refused if the borrower does not have any verifiable Bantam (BNT) holdings.



The Bantam Project reserves the right to change or modify these terms. If changes are made, notice will be provided by way of public announcement.  You are encouraged to frequently review the terms to maintain an up to date understanding of the terms that apply to your participation in the Bantam Project.




https://i.imgur.com/a9vIz8V.png

[BantamSystems]

Hello developer,

Do you have any plans for exchanges? If so, which do you plan on having this coin listed on?

All the best,
Adam

We currently are in talks with some exchanges, and settling on where the best home for BNT will be

[trader19]

hi dev, would like to request a loan  

Code:

== BEGIN PLAINTEXT MESSAGE ==
Me, trader19, guarantee that these are my BNT holdings: 4,219.58352649 BNT. I pledge 2,000 BNT and will hold 1,000 BNT in wallet. 

Purpose of the loan: To help demonstrate how BNT will work to forum users and might as well take some time to 'invest' in shitcoins. :)

Repayment: Will repay within 30 days in installments of 4x 0.0525 BTC every 7days starting with 02.01.2016
== END PLAINTEXT MESSAGE ==
Signed with Bantam address BByBDzmf9qRo9fejJMhdo4rQN7AfH4TW2d:
IAsQwBiLznEieiP32UFRZ3DhV05xqsbb+cIonZG8qmU4d9yLVCHS3nCmYQ1pemc89tWreFGolefbSrr6yZq8UJI=

EDIT: BTC address on PM

[BantamSystems]

hi dev, would like to request a loan  

Code:

== BEGIN PLAINTEXT MESSAGE ==
Me, trader19, guarantee that these are my BNT holdings: 4,219.58352649 BNT. I pledge 2,000 BNT and will hold 1,000 BNT in wallet. 

Purpose of the loan: To help demonstrate how BNT will work to forum users and might as well take some time to 'invest' in shitcoins. :)

Repayment: Will repay within 30 days in installments of 4x 0.0525 BTC every 7days starting with 02.01.2016
== END PLAINTEXT MESSAGE ==
Signed with Bantam address BByBDzmf9qRo9fejJMhdo4rQN7AfH4TW2d:
IAsQwBiLznEieiP32UFRZ3DhV05xqsbb+cIonZG8qmU4d9yLVCHS3nCmYQ1pemc89tWreFGolefbSrr6yZq8UJI=

EDIT: BTC address on PM

Application denied.

Must be a unique application with genuine reasoning, no copy & paste

We do read and verify these things

Thanks

[kliown]

Where exchage?.
I want to buy

[trader19]

hi dev, would like to request a loan  

Code:

== BEGIN PLAINTEXT MESSAGE ==
Me, trader19, guarantee that these are my BNT holdings: 4,219.58352649 BNT. I pledge 2,000 BNT and will hold 1,000 BNT in wallet. 

Purpose of the loan: To help demonstrate how BNT will work to forum users and might as well take some time to 'invest' in shitcoins. :)

Repayment: Will repay within 30 days in installments of 4x 0.0525 BTC every 7days starting with 02.01.2016
== END PLAINTEXT MESSAGE ==
Signed with Bantam address BByBDzmf9qRo9fejJMhdo4rQN7AfH4TW2d:
IAsQwBiLznEieiP32UFRZ3DhV05xqsbb+cIonZG8qmU4d9yLVCHS3nCmYQ1pemc89tWreFGolefbSrr6yZq8UJI=

EDIT: BTC address on PM

Application denied.

Must be a unique application with genuine reasoning and repayment plan. As well as 'your own' addresses

We do read and verify these things

Thanks

oh i see i did mistake copy pasting full message of Pyramusx and didn't match my signet message. so i am placing another request hoping it won't get denied this time:

Code:

== BEGIN PLAINTEXT MESSAGE ==
Me, trader19, guarantee that these are my BNT holdings: 4,219.58352649 BNT. I pledge 2,000 BNT and will hold 1,000 BNT in wallet. 

Purpose of the loan: for trading purposes.

Repayment: Will repay within 30 days in installments of  0.0525 BTC every 7days starting with 01.01.2016 following 08.01.2016 and 15.01.2016 ending 22.01.2016.
== END PLAINTEXT MESSAGE ==
Signed with Bantam address BByBDzmf9qRo9fejJMhdo4rQN7AfH4TW2d:
ID80YIiHA2TbwcOCSlRAqOZ6FY61Pkl48SLHQU0CrIu/dtnq7B7tR+pGS7lHhmj3EP4q/dD05yHWFb/NR4KtkV8=

[Pyramusx]

Posting to confirm that Bantam Dev (team) has received the BNT collateral I owed and has also sent out the loan of 0.2 BTC which I quickly received.

https://blockchain.info/address/1Db1odtcss3q4dytjBpSYQAfnf5DS7iuqS

Thanks Bantam dev. I hope this helps show people more or less how this would work and also so that we can find ways to improve upon it moving forward.

One thing: Let me know where payments will have to be sent.

[BantamSystems]

Second BTC loan furnished to trader19

Transaction: 6c26dca505bdc922fee8b89a73d20a85f303690ccf6cbb34adb6784c1f8f4acf

oh i see i did mistake copy pasting full message of Pyramusx and didn't match my signet message. so i am placing another request hoping it won't get denied this time:

Code:

== BEGIN PLAINTEXT MESSAGE ==
Me, trader19, guarantee that these are my BNT holdings: 4,219.58352649 BNT. I pledge 2,000 BNT and will hold 1,000 BNT in wallet. 

Purpose of the loan: for trading purposes.

Repayment: Will repay within 30 days in installments of  0.0525 BTC every 7days starting with 01.01.2016 following 08.01.2016 and 15.01.2016 ending 22.01.2016.
== END PLAINTEXT MESSAGE ==
Signed with Bantam address BByBDzmf9qRo9fejJMhdo4rQN7AfH4TW2d:
ID80YIiHA2TbwcOCSlRAqOZ6FY61Pkl48SLHQU0CrIu/dtnq7B7tR+pGS7lHhmj3EP4q/dD05yHWFb/NR4KtkV8=

0.2 BTC @ 5% interest, 2,000 BNT held as collateral: BDcvTg533EY9GE33KQDJngEETR3ugRu2re

All received, please send over your BTC address

my BTC Address:
133b63y8JB8zFCVnE6YhP442nnSPKj4YfF

thanks

Three more loans remaining during our first round, terms are here

One thing: Let me know where payments will have to be sent.

Please check your private messages

Where exchage?.
I want to buy

Currently in discussion with some of the main exchanges, so keep an eye on the thread. As soon as arrangements are made it will be announced here