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Author Topic: [ANN] (XBV)| Blockchain Ventures | Funded Project | Escrow ✔ |  (Read 5072 times)
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Blockchain.Ventures
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March 22, 2016, 08:59:11 PM
Last edit: April 23, 2016, 05:19:54 AM by Blockchain.Ventures
 #1


Blockchain Ventures (XBV)

1,000,000 XBV
 1,618,000 MAX SUPPLY
 1.618% PoS
 180 second block times
 Min. stake age: 1 hour

http://i.imgur.com/Qartiu2.png

Blockchain Ventures is an experimental blockchain project aiming for self-sustained growth and development.




Blockchain Ventures Operations

Blockchain Ventures will acquire stakes in other blockchains or blockchain related projects that it views to be either undervalued or showing great potential. Blockchain Ventures will attempt to minimize exposure to failure through proper assessment and diversification.
For initial launch purposes, Blockchain Ventures has acquired stakes in the following blockchains or blockchain related projects.

-

Funds are kept on exchange for now unless wallet address is provided.
Value will be determined by most liquid exchange and average between bid and ask.
Operations will scale up over time and new ventures will be pursued.
Funds used for operations will go back towards operations.


Normal operation structure


25% of profits put into Blockchain Venture’s Development Fund (XBVDF).
35% of profits put towards the value of XBV: 25% put towards buying back XBV which will then be burned,
10% put towards XBV stabilization fund (XBVSF).
30% of profits going back into XBV operations
10% of profits going to XBV Team


Blockchain Ventures Stabilization Fund (XBVSF)

BTC Address -

A fund to provide liquidity and stability in value for Blockchain Ventures.
60% on exchange at minimum target (MinT) for liquidity
40% off exchange, available for anyone who wants to exchange their XBV at market value
(XBV exchanged this way will be burned)
MinT will be determined based on the status of Blockchain Venture and ongoing operations.


MinT = ___ BTC/XBV





Burn Address -
xe2EibataUsN8Vop3nV7JhHUWTRgjsstjs

0 XBV Burned

The burn address for which the XBV to be burned will be sent to is xe2EibataUsN8Vop3nV7JhHUWTRgjsstjs.

This address is a p2sh address with a redeemscript of
Code:
OP_2 OP_3 OP_EQUAL
which is an unspendable script because 2 does not equal 3 and thus will always fail.
In hex this is
Code:
525387
Anyone can verify this with the command
Code:
decodescript 525387
in the command console.



Example of operations

XBV’s START position was acquired for 0.0001 BTC/START.
 START rises to 0.0002 BTC and the position is fully liquidated.
10,000 START acquired at 0.0001 BTC/START = 1 BTC.
10,000 START liquidated at 0.0002 BTC/START = 2 BTC.

1 BTC + 1 BTC in profits = 2 BTC.
     - 1 BTC goes back to operations for Blockchain Ventures
     - 0.25 BTC goes to XBVDF
     - 0.25 BTC goes to buying XBV and burning
     - 0.1 BTC goes to XBVSF
     - 0.3 BTC goes back into XBV Operations
     - 0.1 BTC goes to XBV Team




Blockchain Ventures Development
BTC Address -

A fund for the sustained and ongoing development of technical features for XBV.
By analyzing the technical developments of other cryptocurrencies, Blockchain Ventures will pick and choose features that are best suited for the long-term success of XBV, making full use of the second mover advantage.
Input from XBV community will be taken into account so please discuss or suggest what features you need/like in a cryptocurrency.
Funding for all development will come from the Blockchain Ventures Development Fund (XBVDF).
Developers will be brought on or contracted to provide addition of technical features for XBV.
For launch purposes a developer was contracted to create a simple functional PoS cryptocurrency for Blockchain Ventures (V.1).
There are plans to migrate or swap to an improved blockchain (V.2) in the near future once operations are established and running smoothly.



Technical features for possible implementation in V.2
- Deposit function for blockchain that enables up to 5 – 10% PoS per annum depending on how long deposit is (Ref. XDN, HODL)
- API integration into wallet to allow for live updates and monitoring of Blockchain Ventures
- 0.1% Transaction fee and burning to counteract inflation while incentivizing staking and holding
- Proposal and voting functionality

















http://i.imgur.com/DYpnNpW.png



Donation Process


Operations will be in process during the donation period which will last for two weeks:
10:00:00PM April 11 – 10:00:00PM TBD (Western Standard Time).

Voluntary donations will be accepted from anyone who wishes to assist with operations and the continued development of XBV.
Blockchain Ventures is already funded project so an ICO is not required.

5% (50,000 XBV) will be set aside for developmental and promotional purposes.
- 30,000  for use during first year
- 10,000 for use in 2017
- 10,000 for use in 2018


The remaining 95% (950,000 XBV + XBV staked) will be split by all donations at the end of the donation period.
Initial funding from Blockchain Venture’s operations will be counted towards donations.



Total Donations = _ + _ = _ BTC
≈ _ XBV/BTC (as of April _, 2016)





Donations will be used for the following purposes
- 70% to Blockchain Ventures operations
- 20% to XBVSF
- 10% to XBVDF


During the donation period profits from Blockchain Venture’s operations will also follow this structure




-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256

I will be escrowing the donations for Blockchain Ventures.

All donations can be sent to 1EiFjM1yZwgpL2TfcuGax2eTUc9QwwF5pf.

After the donation period is finished, I will distribute 950000 XBV + staked XBV to the donators. Each donator will receive an amount of XBV that is proportional to the amount that he donated.

When you donate, please PM me the transaction id of your donation, your XBV address, and your name.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v2

iQIcBAEBCAAGBQJXCtR/AAoJEBdWVzLgjl5Bh5oP/1PR/zObSpOWrSYaPqFTiUXQ
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xCAXYXPoH7a4+NEuCCcyocZXKdCbITJTSEAAuo9lWnz8EFruLc4N6DNwALpTlINY
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cUFJCIpfFC8WFUFPPfkEJ0MdNxNBok+wqdM3twqh1w5t8mNxw5JG9uTfvVRDedAU
aonUaySWzJ8kQITvI/Y97AATVtWNnSGiFpjH66YMzt0+nWY4+ig5pZNAFHQh8eBy
f+1d7KopoW5tGZErpadzFqzg7c6jMKD1fU2bIoNPtqW2ctwERZNtrbQLEk0QpVWg
yPj9jyppK7CtHf6Hl4nZ
=kSbT
-----END PGP SIGNATURE-----






Example of distribution after donation period ends

Operation funding = 6 BTC
Donations received = 4.5 BTC

If profits from operations at end of donation period = 2 BTC
- 60% goes to operation funding (1.2 BTC)
- 20% goes to XBVSF (0.4 BTC)
- 20% goes to XBVDF (0.4 BTC)

Total operation funding on April 23, 2016 = 6 + 1.2 = 7.2 BTC.

At the end of donation period ≈ 950,000 XBV will be split between 7.2 + 4.5 BTC (≈ 81,200 XBV/BTC).



http://i.imgur.com/lA7G59j.png



Bounties will be available for the following:
- Mac Wallet
- Multipool

In return you can choose to receive XBV or the equivalent value in Bitcoin.
If you plan on selling the XBV bounty right away, please opt to receive the equivalent value in Bitcoin.



When posting, please try to provide useful content.
Discussion and questions are encouraged but posts that are attacking, insulting, unnecessarily negative, and unfounded (FUD) will be moderated.

The primary purpose of this thread is for the transparent documentation of operations, activities, and growth of Blockchain Ventures.







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March 22, 2016, 09:10:19 PM
Last edit: April 23, 2016, 05:19:30 AM by Blockchain.Ventures
 #2

Donation Process

Operations will be in process during the donation period which will last for two weeks:
10:00:00PM April 11 – TBD (Western Standard Time).

Voluntary donations will be accepted from anyone who wishes to assist with operations and the continued development of XBV.
Blockchain Ventures is already funded project so an ICO is not required.

5% (50,000 XBV) will be set aside for developmental and promotional purposes.
- 30,000  for use during first year
- 10,000 for use in 2017
- 10,000 for use in 2018


The remaining 95% (950,000 XBV + XBV staked) will be split by all donations at the end of the donation period.
Initial funding from Blockchain Venture’s operations will be counted towards donations.



Total Donations = _ + _ = _ BTC
≈ _ XBV/BTC (as of April _, 2016)





Donations will be used for the following purposes
- 70% to Blockchain Ventures operations
- 20% to XBVSF
- 10% to XBVDF


During the donation period profits from Blockchain Venture’s operations will also follow this structure





-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256

I will be escrowing the donations for Blockchain Ventures.

All donations can be sent to 1EiFjM1yZwgpL2TfcuGax2eTUc9QwwF5pf.

After the donation period is finished, I will distribute 950000 XBV + staked XBV to the donators. Each donator will receive an amount of XBV that is proportional to the amount that he donated.

When you donate, please PM me the transaction id of your donation, your XBV address, and your name.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v2

iQIcBAEBCAAGBQJXCtR/AAoJEBdWVzLgjl5Bh5oP/1PR/zObSpOWrSYaPqFTiUXQ
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cUFJCIpfFC8WFUFPPfkEJ0MdNxNBok+wqdM3twqh1w5t8mNxw5JG9uTfvVRDedAU
aonUaySWzJ8kQITvI/Y97AATVtWNnSGiFpjH66YMzt0+nWY4+ig5pZNAFHQh8eBy
f+1d7KopoW5tGZErpadzFqzg7c6jMKD1fU2bIoNPtqW2ctwERZNtrbQLEk0QpVWg
yPj9jyppK7CtHf6Hl4nZ
=kSbT
-----END PGP SIGNATURE-----

nikl
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March 22, 2016, 09:11:43 PM
 #3

PoS only?
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March 22, 2016, 10:25:39 PM
Last edit: March 22, 2016, 11:05:59 PM by Blockchain.Ventures
 #4

PoS only?

Yes it is PoS only.
Mining may be available through multipool after launch if there is demand for it.
If demand is very high from miners there will be a bonus of some sort when mining for it through multipool.
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March 23, 2016, 12:01:55 AM
 #5

Yes it would b nice to b able to mine this coin Shocked Shocked Shocked

                                 
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✬✬✬✬✬

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March 23, 2016, 12:23:59 AM
 #6

Yes it would b nice to b able to mine this coin Shocked Shocked Shocked

I do like mining but for purposes of XBV, actual PoW would not be as beneficial because of unnecessary sell pressure.
Awarding XBV (with a slight bonus of maybe let's say 20-40% bonus?) through multipool will still allow for people to earn XBV through mining while help create buy pressure for XBV instead of sell pressure.
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March 23, 2016, 03:01:29 AM
 #7

PRE-ANN was updated with some graphics.
Follow XBV on twitter for updates!

https://twitter.com/ProjectXBV
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March 23, 2016, 03:06:32 AM
 #8

IPO?


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Harmony.


.
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March 23, 2016, 03:22:10 AM
 #9

reserved!

R
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MAD              ▒█████▒
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March 23, 2016, 03:24:17 AM
 #10

ZERO info. what a shitty preann.
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March 23, 2016, 03:31:11 AM
 #11

do you have any long term projects or partnership to make sure that this one will grow? I'll keep on checking it as of now maybe much better to do some promotion and keep us updated for any development. wish you luck with this new project OP.

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March 23, 2016, 03:56:55 AM
 #12

i see you like deleting post's
well quick delete this one before people see it

WTF IS YOUR SHITCOIN ABOUT !?
should've called it random-pics-coin
POS only ?
better not say this is an ICO or you can go suck it.

peace out nigga 

http://MutualCapitalCrypto.com

Bitrated user: AltcoinGodson.
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March 23, 2016, 04:02:32 AM
Last edit: March 23, 2016, 07:03:40 AM by Blockchain.Ventures
 #13

IPO?

This project is already funded and will start with or without participation from others.
There will be a small period of time for people to get some XBV.
More information coming shortly.

do you have any long term projects or partnership to make sure that this one will grow? I'll keep on checking it as of now maybe much better to do some promotion and keep us updated for any development. wish you luck with this new project OP.

There are long term operational plans to ensure that XBV is self-sustainable and viable in the future.
There will be some promotion for XBV but not much because it would be better if this project starts smaller. More room to grow!
Keep an eye out for updates! More information will be provided soon.
Everything is getting finalized now.

i see you like deleting post's
well quick delete this one before people see it

WTF IS YOUR SHITCOIN ABOUT !?
should've called it random-pics-coin
POS only ?
better not say this is an ICO or you can go suck it.

peace out nigga  

No posts have been deleted by this account yet.
Are you sure it was deleted by this account?
There is no need to be rude.
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March 23, 2016, 12:35:40 PM
 #14

PoS only?

Yes it is PoS only.
Mining may be available through multipool after launch if there is demand for it.
If demand is very high from miners there will be a bonus of some sort when mining for it through multipool.

What algo? SHA256? How many coins in total?
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March 23, 2016, 05:10:06 PM
 #15

PoS only?

Yes it is PoS only.
Mining may be available through multipool after launch if there is demand for it.
If demand is very high from miners there will be a bonus of some sort when mining for it through multipool.

What algo? SHA256? How many coins in total?

Algo will most likely be scrypt but this should not really matter since it is full PoS.
Initial supply will most likely be 1,000,000.
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March 23, 2016, 07:14:40 PM
 #16

I'm assuming OP is going to attempt to remain anon while collecting BTC in an ICO?

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March 23, 2016, 10:17:28 PM
Last edit: March 24, 2016, 05:45:33 AM by Blockchain.Ventures
 #17

I'm assuming OP is going to attempt to remain anon while collecting BTC in an ICO?

There will be no "attempt" to remain anon.
Anonymity will be kept for two main reasons.

1. Revealing identity has no real bearing on this project because this project is already funded so it will start on the chosen launch date.
2. Revealing all identities associated with Blockchain Ventures will most likely lead to bigger interest in this project which is not what is wanted at launch.

We are choosing to start small so that the operation model for XBV can be tested and then it will scale up.
This is not an ICO and we do not need one for XBV.

Before actual launch there will be small period for public participation.
Anyone who wants to donate towards to the progress of XBV can do so.
As appreciation, XBV will be sent to any donors.
This donation process will be escrowed.
We are working out possible ways for people to mine and earn XBV but this is not promised.
Even if no one donates funding has already been allocated for this project and the it will start.

Revealing identities will be considered further down the road but unnecessary at this time.

Primary purposes of this thread is for the transparent documentation of operations, activities, and growth of Blockchain Ventures.

Thank you for your interest.

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March 23, 2016, 10:30:09 PM
 #18

I'm assuming OP is going to attempt to remain anon while collecting BTC in an ICO?

There will be no "attempt" to remain anon.
Anonymity will be kept for two main reasons.

1. Revealing identity has no real bearing on this project because this project is already funded so it will start on the chosen launch date.
2. Revealing all identities associated with Blockchain Ventures will most likely lead to bigger interest in this project which is not what is wanted at launch.

We are choosing to start small so that the operation model for XBV can be tested and then it will scale up.
This is not an ICO and we do not need one for XBV.

Before actual launch there will be small period for public participation.
Anyone who wants to donate towards to the progress of XBV can do so.
As appreciation, XBV will be sent to any donors.
This donation process will be escrowed.
We are working out possible ways for people to mine and earn XBV but this is not promised.
Even if no one donates funding has already been allocated for this project and it will start.

Revealing identities will be considered further down the road but unnecessary at this time.

Primary purposes of this thread is for the transparent documentation of operations, activities, and growth of Blockchain Ventures.

Thank you for your interest.



So, just to clarify, you will hold all XBV that are not "donated"?  Thanks for the info.

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March 23, 2016, 11:08:42 PM
Last edit: March 24, 2016, 12:53:47 AM by Blockchain.Ventures
 #19

So, just to clarify, you will hold all XBV that are not "donated"?  Thanks for the info.

If no one chooses to participate, then yes all XBV will be held by Blockchain Ventures.
This scenario poses no problems for Blockchain Ventures and operations will start regardless.
More specifics will be posted soon so it will be better to just wait and see all details at once.
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March 24, 2016, 02:39:57 AM
 #20

What is this about though, what is blockchain ventures going to accomplish?
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