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Author Topic: New coin No Limit Coin (NLC) will start in a few days.  (Read 9894 times)
NLCManagerRG (OP)
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August 02, 2016, 05:14:49 AM
Last edit: March 25, 2018, 09:47:43 AM by NLCManagerRG
 #1

New coin NoLimitCoin (NLC2) will launch on 9/7

ty

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Yobit.net

FOLLOW THIS LINK TO OUR RECENT ANN of NLC2

https://bitcointalk.org/index.php?topic=1606674.0



Video

https://youtu.be/FMWp5-X-4xA



www.nolimitcoin.org
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August 02, 2016, 05:17:45 AM
 #2

LMAO, you ICO scammers now are scamming people without any product, bad, retarded now, and fucking expensive price.
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August 02, 2016, 05:29:01 AM
 #3

That is the key here, we do have a product with large investment and backing behind it and large audience already. www.nlfantasysports.com In this case, we are launching a coin with a place it can be used and will be sold to players as well as the Crypto Industry. So no scam here. Please visit www.nlfantasysports.com and register and you will see our platform. Thanks for the post, as I will not mind these kinds of posts since I understand scamcoins are everywhere, but this coin is tied to a realworld application that is already in the market. Im sure you have heard of Draft Kings and Fan Duel? We have a competing platform and will be the first to play fantasy with Crypto. We will have a crypto only Fantasy site called CryptoFantasySports.com . So real world app here! I invite you and all to look at the platform.
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August 02, 2016, 05:34:03 AM
 #4

ok another day another ICO coin launched. anyway i will watch this thread and lets see if this will be one of hundreds ICO coin that becomes shit or this will be a successful one


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NLCManagerRG (OP)
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August 02, 2016, 05:35:55 AM
 #5

The price is based on the price that the coin will sell at inside the Fantasy game, .002. ICO gets to buy at .001 and price will be .004 in Dec, a 4X on your ICO price. You can cash out any time during the season or after.  So its guaranteed to go 4X even before it hits the exchanges and floats. So you can buy during the ICO and cash out in Dec with a 4X profit. Then when we hit the exchanges, the market will set the price, but there will be strong price barriers from the proceeds of the sales. When we list the ICO numbers it will reflect the value at cost of money already invested into the platform, so no multiples are being put on the ICO prices. Also most premine will go to selling and none of the premine will stake if goes unsold. Its a combo coin that takes BTC/PPCoin and creates a Hybrid such as some out there like Emercoin, MaidSafe and NEM that combine POS and POW. MaidSafe had a big ICO and we think we should also as the structure is all tied to the fantasy game. En existing asset now the central part and asset of this coin project.
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August 02, 2016, 05:48:43 AM
 #6

Prise is so ehpensive.
NLCManagerRG (OP)
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August 02, 2016, 05:56:01 AM
Last edit: August 02, 2016, 06:16:27 AM by NLCManagerRG
 #7

reason for this price is initial price at the fantasy platform is .002 and we will raise the price every month till it reaches .004 in Dec. Price will then be defended when coin hits the exchanges and the bigger the ICO sale, the more money will stand behind the coin as 80% will go to the stabilization fund. Investors have also pledged cash that will go toward that fund. Any unsold premine will stay in cold storage and it will not be part of the circulation or stake blocks. This means that any coin in circulation had a cost already. ICO price is .001, or half of the price when the fantasy season starts and 1/4 the price when it ends. You will be able to cash out via the game any time and not have to wait for the exchanges, so if you buy at .001 you can cash out with a guaranteed 4X return in Dec. Now once the coin is free, it can do alot of things, but we will use our funds to maintain a price floor of the .004

Prices at the start of the Fantasy Sports season will be 500 coin per dollar in September
prices in Dec will be listed at 250 units per dollar and that is the number we will defend or .004 with the stabilization fund as well as the pledged fund on top of the ríase.  

Statistics for the game itself will be released every month and it is our goal for this coin to be adopted by the fantasy sports industry, as well as any other that wants a coin that lives to perpetuity with 3% POS and 1.5% destined to mining. So only 4.5% of new coin will be produced every year and most of the premine will be sold for cash and if its not sold it stays in cold storage and cant stake for POS.
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August 02, 2016, 06:17:05 AM
 #8

I dont see any selling points about this coin.

NLCManagerRG (OP)
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August 02, 2016, 06:33:35 AM
 #9

The selling point is that it will have its own market without the needs for a speculation market. This means fantasy sports players will need to purchase the coin to play for large pools of the coin and thus making the coin very relevant. This is the big complaint out there. What is that coin or this coin for? In our case we will have guaranteed demand and through this process the fantasy players will be exposed to the coin and we hope many will decide to sit on them rather than cash them out. Of course they can cash them out and if you buy through the game and hold till the end of the season, you double your money, even if you dont play. We will cash out coin at .004 during all of December. So if you buy at the ICO price of .001 or at the start of the NFL season, at .002 you either can double or quadruple your purchase. Once the coin goes live on the exchanges, then it could spike, and it could fall, but for the fall, we will put up most of the ICO money raised as a barrier of price. 80% will be used for the fund and 20% will go towards development of all the other sports everyone wants, like Soccer and the other USA sports. Even cricket is on the list of sports do to. So you are essentially funding a fantasy sports venture through the coin. 80% of the money raised will be used to back the coin itself and 20% for software development of new games. I think it has great merits as it already has an important use, and that is to play the very popular Daily Fantasy Sports, and now you can play with any Crypto as we will take BTC, ETH, GC and NLC. The fantasy website will also take dollars but once people understand the potential of a newly minted coin that is launched with real world fundamentals and will mimic  the traditional growth patterns of the economies over hundreds of years and that is a 3% stake + 1.5 % mining growth. So this coin does not squeeze the coin to be produced in the future, so the appreciation will come from the success of the online fantasy games as well as demand for the coin. The fantasy game itself has a profit margin built into the contests, regardless of the currency of 10%-15% so this is what the fantasy platform operates on and will not rely on the proceeds of the sale of coins. For new development yes, but we have in-house software development as well as a full team in India that allows us to produce great software without massive outlays.
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August 02, 2016, 06:41:46 AM
Last edit: August 02, 2016, 07:03:19 AM by NLCManagerRG
 #10

The launch of the fantasy platform is non dependent on a successful ICO. Even if we dont sell a single coin via the ICO, the fantasy platform will launch. If a small amount of coin are in circulation, defending the price will be easy as we have a BTC30 fund for this. We must all realize we are up against Fan Duel and Draft Kings, so in order to compete, we need to bring innovation and this is it. No other fantasy platform in the USA takes BTC or any crypto and we will take 4. BTC, ETH, GC and NLC. We will run contests in any of the coin and people dont have to trade one for the other, yet that is what we hope for, but if they want to play in ETH, we will have contests that you enter with ETH and get paid ETH, and of course the fantasy platform takes its 10% cut, just like any other fantasy site. So now you get to play fantasy sports and at the same time speculate on Digital Money, both the incumbents and some new ones. Not a bad choice. We will be offering an API that will serve as a merchant API, and for any coin which offers a simple way to verify a transaction in any currency to the website using coin to pay for services. We plan a .1% fee for this in the future, but at first, the API will be free, thus offering a merchant solution to the coin out of the gate. Both for us as fantasy operators as well as any other merchant that want to take our coin or even BTC. API will be described in our websites.
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August 02, 2016, 07:50:44 AM
 #11

That is the key here, we do have a product with large investment and backing behind it and large audience already. www.nlfantasysports.com In this case, we are launching a coin with a place it can be used and will be sold to players as well as the Crypto Industry. So no scam here. Please visit www.nlfantasysports.com and register and you will see our platform. Thanks for the post, as I will not mind these kinds of posts since I understand scamcoins are everywhere, but this coin is tied to a realworld application that is already in the market. Im sure you have heard of Draft Kings and Fan Duel? We have a competing platform and will be the first to play fantasy with Crypto. We will have a crypto only Fantasy site called CryptoFantasySports.com . So real world app here! I invite you and all to look at the platform.

votexcoin also had some platforms like yours, Google voice founder made that platform, and their ico price was also expensive, 0.001btc per coin, but still cheaper than you.

However, now the price is 0.00007, so it is 1/14 of ico price now. This kind of fixed rate ico must vanish. It is unfair.
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August 02, 2016, 07:56:05 AM
 #12

Here is my linkedin

https://www.linkedin.com/in/rafaelgroswirt

Here is my patents page.

http://www.rgpatents.info/

I am a telecom guy but also mined with Cointerras as we all did one way or another.

I will soon put up videos and we will be as open and as public as possible. If you own 1 coin in this coin, you have a voice inside No Limit Fantasy Sports, LLC

If you play fantasy, buy some on the PRE IPO and play at half price.

Right before we go public on Playoff day, January 7, so in essence PRE ICO is now to the start of the season. Then ICO is the whole NFL season as it wont trade on exchanges and all we will do it accumulate cash. Then we spread it to Bitcoin and Dollars and probably ETH we use to set up real trade barriers. Now we expect and hope for price increase and we wont defend prices as they go up, the found wil defend at the save rate increase as the coin supply for a projected yearly appreciation minimum of 5%. So if we can grow at 5% x year and spend 5% on cost (staking and mining). We know people will want to cash and test the.

Premine will not affect the total numbers as founding block will not stake till we go public and unsold coin does not stake unless it has been sold. So if from the 100 Million first block we sell 1 million at .001 that = $1000 dlls cost. if nobody else purchased, those are the only ones that would be able to take into the launch of January 7, play-off day. Management premine will be explained in detail and you will see it represents the initial cash investment at no multiple, meaning at cost, so we are trading No Limit Fantasy Sports into this coin as the core and moving the value realization to the coin as it can project an asset 20 times. That is our number in terms of network stabilization fund. Whatever cash we have backing the coin, can be multiplied by 20 or the cash is a 5% margin on that multiple. $1M in cash should give us 10-20 M in capitalization. This is the foundation at work. we are also developing a deep cold vault storage wallet for long term perpetuality of something like this as it has no limit. It can go 1000 years unlike the pure BTC models that cant sustain on transactions alone, specially with the onset of EtH, suddenly its a new world. We will accept ETH inside the game so that means all that buying power comes to No Limit Fantasy Sports and sees NLC and we pitch NLC hard on the site and we now have the ETH buying power. The API we are wrtting in house is the most simple thing I have ever done and it seems to be the perfect "starter" way to take many coins with no hassle.  

I will introduce our backers from Mexico and show you some of their, our shall I put it "our" properties. The hotel now takes BTC and will soon take NLC also.

We will be in the all the major languages.

Joe, what is a translation bounties dev please?

 
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August 02, 2016, 08:16:00 AM
 #13

Algo?
NLCManagerRG (OP)
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August 02, 2016, 08:25:57 AM
Last edit: August 02, 2016, 08:38:01 AM by NLCManagerRG
 #14

tomorrow we will do a details page and go deeper into the premine. ty

 prices are in dollars that I quoted. $1000 Dlls x 1 M coin .001 price or 1000 coin per dollar.
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August 02, 2016, 08:54:59 AM
 #15

All discussed prices have been in US Dollars. .001 of $1, so 1 million coin for $1000 dlls. 1000 coin per dolar.

Now I see how it looked crazy at BTC prices and I did not specify it was Dollars.

BTC price would be 0.00000167

167 Satoshis.
 
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August 02, 2016, 09:01:05 AM
 #16

without any bounty? Huh
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August 02, 2016, 09:06:47 AM
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good luck to you
NLCManagerRG (OP)
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August 02, 2016, 09:16:07 AM
 #18

By virtue of the price doubling on day 1, that is the best bounty so a bounty on top of doubling your value seems excessive, but asking never made anyone poor. If the value was up to the markets or we did not ratchet the price up as we are doing from .001 to .004 USD, I see that as important, but under our plan stakeholders can realize value, so here we are offering a guaranteed doubling on day 1 that you can cash out any day you want via our website in BTC or you can wait for that $1000 to become $4000 January 1. We are of course hopping that the balance of all of those operations does not have everyone cash in their coin at once. If we are successful with the ICO and the fantasy season, then there will be a % of people that wont want to "take profits" and let it ride. So if we do a good job up and down, then the market will hopefully push us up from the press and activity we have generated for the whole NFL season as well the cash reserves.
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August 02, 2016, 09:29:15 AM
 #19

Won't work.

As long as you can bet with fiat money, no one will jump through the extra hoop of buying a cryptocurrency they barely understand.

But, to be honest, I stopped reading at "we'll put up buy wally with the ICO money" or something.

Bad idea, bad execution.
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August 02, 2016, 09:41:47 AM
Last edit: August 02, 2016, 04:42:15 PM by NLCManagerRG
 #20

My experience is that when people see it easy to buy into cryptocoin they fall in love with it. When they see on our site how BTC exploded and other coins can, I think people will buy in and we will make exchange on the site easy. If people play with dollars on our site, we still make money, so we are happy to offer the clients to play in any currency. In term of wall, that only applies to a specific formula on the down side. But I see the transparency and strategy as a positive for the coin, to declare the use of proceeds and in our case most of the cash goes right into the coin. By declaring the cash from the IPO goes to that fund, we remove the fear the coin can drop 90% overnight. Where else do we want the cash that is put in than to back the coin. We will use it so people can cash out if there is heavy purchase volume. This at least the first years, but once the coin matures then there is no force to move it, but the actual market and liquidity, but in the initial days and months, we must provide liquidity and credibility that the coin wont go off a cliff overnight. The way we will figure out the price targets will be a calculation based on the 3% POS interest by coin age and expected price. But at some point in the future, the coin will have to sustain itself. So this is just at first where volume may not be there and we want to provide liquidity to fantasy players as well as coin investors.  
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