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Author Topic: [SFC]StripedFlintCoin - 12mln ICO - 13 October Open Campaign Bounty  (Read 13459 times)
tomkat
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September 25, 2016, 10:29:21 AM
 #141

Not quite sure about your distribution model... Are you going to deliver the stones for mined coins? It would mean you'll own all coins in the end...
Or, there will be ICO and the coins will be delivered to ICO investors?
Or, the coin will start as regular mineable coin, and then listed on exchanges, and then the stones will be delivered to those lucky ones that will place the first orders...?

Once all stones are delivered the coin will be dead, won't it?


Hello .
Very good questions.
We plan to release the ICO which then goes into the hands of investors ICO.
There is still a lot of uncertainties in the projections is why we as new in the world of crypto We came to you about help in writing a good project that will be for many years.
Every year, the circulation We can throw 2-3 million SFC that were to reflect in the real mining striped flint. That is best in this case would enable the mining of coins via computer. By setting the specifications of coins on production of 2-3 million coins per year.
There is still a lot of questions that we will try to solve as well.

Let's go back to the distribution model, since it's not yet clearly defined.

This is what we know:
-You want to collect 825+ BTC representing 12000 kg of the stones = ca. 480000 USD
-You want to deliver 2000-3000 kg of the stones per year
-1 SFC = 0.04 USD
-1 SFC = 0.00006897 sat (1 BTC = 580 USD)

Questions:
-Who will be receiving the physical stones? I mean, are you goint to take a blockchain snapshot say once or twice a year to determine the coin owners?
-The coin supply over say next 5 years will be 12 M (ICO) + 1 M (bounties) + 5 * 2.5 M (mined coins) = 25.5 M coins, and it gives 25 500 kg of physical stones, whereas your ICO funds will be 825+ covering some 12000+ kg. If the ICO won't give you substantially more than 825 BTC, then how are you going to finance your physical stone mine once the ICO funds are drained to zero?
-What in case of BTC price drops after your ICO? Do you have enough margin to keep your stone mine running?
-How are you going to mine and deliver the physical stones after spending the ICO funds?

And another question:
-How is privacy addressed in your project, ie. crypto users love privacy, but they will have to reveal identities in order to receive the stones.
Are you prepared to properly maintain the users database from hackers, scammers, etc?

Anyone who has the opportunity to purchase a minimum amount which is 10 kg stone.

If BTC amount will be less than the established 825btc all the coins will be returned to the owners.

We have measures in order to maintain the minimum price SFC which is a set of ICO.

Our company is engaged in the mining of other raw materials. SFC is our source of income side extracted along with other raw materials.
2.5 million SFC excavated during the year is average, which easily we are able to bring out.

We hire the best programmers to preserve the anonymity of our clients.

The price of 1 kilogram is very understated. Once purchased the stone is polished, its value will be much greater.

An example of a product with striped flint.

http://jubiler-tarmex.pl/images/FormatFactoryDSCF20610.jpg

BRACELET SILVER 925 of striped flint stone called optimism, the noblest variety occurs in one place on earth. Modern esoteric, drawing from ancient records, believe that the jewelry of flint not only decorates, but also boosts energy, enhances vitality, removes fatigue, protects against jealousy, vindictiveness, jealousy and any negative energies.

PRODUCT DESCRIPTION
Brand new with tags
▪ Material - silver pr.0,925
▪ Stone - Striped flint
▪ The color of silver - silver shiny
▪ The thickness of the stone ~ 3mm
▪ Dimension stone ~ 28x36mm
▪ Circuit bracelet ~ 18cm
▪ Closure - carabiner
Weight ~ 24,50g
PRICE - $ 65

In the future, we plan to attach to design ready-made products with striped flint.

2-4 months after the start of the coins we are planning to purchase a machine, hire employees (talking about specialists in the field) for grinding SFC. Would in the future be able to trade in finished products of striped flint.

Before the start of ICO we choose 2-3 people willing to receive 1 kilogram SFC to your home.

Well, you haven't answered my questions actually.
Anyway, what I suspect is that you're going to collect minimum 825 BTC, and then probably deliver the physical stones to the ICO investors ONLY.
Then the coin itself will be dead unless you're going to deliver the stones to coin holders once a year, or once a 5 years? Or maybe there will be another ICO with more SFC coins, or even a new coin for next batch of physical stones.

Good news for you is that it's unlikely all ICO investors will order the physical stones from you, so you actually sell 100% your 825 BTC worth stones, and will deliver only stones representing a part of that amount.

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September 26, 2016, 08:05:34 AM
 #142

As a side note, this project looks more like collecting "orders" for striped flint stone mine, rather than a new cryptocurrency that would change anything in crypto space. I'd expect much more details about coin and stones distribution, being a thought-out idea rather than half-baked rush for BTC coming from a revelation of a crafty IT guy from the stone mine Smiley

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September 26, 2016, 08:08:34 AM
 #143



And consider changing the logo - see below


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September 28, 2016, 04:25:17 AM
 #144

I think the bounty is so low.besides,the project don't have some special thing
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September 30, 2016, 02:28:22 PM
 #145

i dont think so, it has a special idea.
anyway, how do we know list of participants of the email bounty?

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October 01, 2016, 10:17:55 PM
 #146

trying to register bounties says the applications are closed.
is this correct?


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October 01, 2016, 10:33:42 PM
 #147

trying to register bounties says the applications are closed.
is this correct?
yes is correct! they will open the 13th october!

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October 03, 2016, 05:42:50 AM
 #148

trying to register bounties says the applications are closed.
is this correct?
yes is correct! they will open the 13th october!

great thank you


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October 03, 2016, 06:23:18 AM
 #149

Dobrze by bylo dodac do icocoutdown bardziej wiarygodne.
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October 04, 2016, 11:05:33 AM
 #150

this good project, bookmarked this thread ,
waiting for ICO  Cool
Bravo SFC

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October 08, 2016, 11:11:25 AM
 #151

I just follewed you guys on Twitter.
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October 09, 2016, 10:37:56 AM
 #152

Why signature campaign for newbie removed ?
before its good news for all newbie and it  can help SFC spreed the SFC programs

The Movement DAO (https://bitcointalk.org/index.php?topic=2068554)
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October 12, 2016, 07:23:45 AM
 #153

sorry, when bounty social media(twitter facebook) distributed?

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October 12, 2016, 08:11:36 AM
 #154

sorry, when bounty social media(twitter facebook) distributed?

bounty will distributed to member who join is 1-2 week after ICO finish, the campaign start 13 oct and ICO start approx January 2017, so the time is still long for this project
 
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October 12, 2016, 08:44:35 PM
 #155

sorry, when bounty social media(twitter facebook) distributed?

bounty will distributed to member who join is 1-2 week after ICO finish, the campaign start 13 oct and ICO start approx January 2017, so the time is still long for this project
 

ok...the bounty closed sir?after i'm click link register , appears like this "The form SFC Facebook Bounty is no longer accepting responses.
Try contacting the owner of the form if you think this is a mistake."

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October 13, 2016, 01:55:08 PM
 #156

Social media form always error,
any another link form ?

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October 13, 2016, 02:45:17 PM
 #157

sorry, when bounty social media(twitter facebook) distributed?

bounty will distributed to member who join is 1-2 week after ICO finish, the campaign start 13 oct and ICO start approx January 2017, so the time is still long for this project
 

ok...the bounty closed sir?after i'm click link register , appears like this "The form SFC Facebook Bounty is no longer accepting responses.
Try contacting the owner of the form if you think this is a mistake."

lol same,
waiting more information with this trouble from dev
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October 13, 2016, 03:07:41 PM
 #158

The google form for twitter is not accepting people. I think it is not opened yet.

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October 13, 2016, 05:48:06 PM
 #159

So...This is a blockchain based distribution model for the gemstones mined by a polish company? Kind of a way to let the world decide fair market value for your stone? Is this correct?

And if this understanding of the business model is correct, is it fair to assume your mine will sell its gemstone only to SFC holders? What guarantees are there that distribution of the tangible product will only be done through SFC? Is this similar to DigixDao? Interesting proposal, but I believe this needs a great deal more clarification. Thank you (BTW, I live in the SFC :-))

Edit: Basically I wish to know if I'm buying SFC as a means of purchasing the tangible product from you, or whether you expect that SFC will be traded so that those who support your mine might be rewarded for having engaged in speculation, or both?
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October 16, 2016, 01:38:36 PM
 #160

sorry, when bounty social media(twitter facebook) distributed?

bounty will distributed to member who join is 1-2 week after ICO finish, the campaign start 13 oct and ICO start approx January 2017, so the time is still long for this project
 

     BOUNTIES:- Videos: 250 SFC for each one. if still relevant I recorded in detail Youtube Vedios for Russian-speaking people! Huh?

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BLOCKCHAIN JUST ENTERED THE REAL WORLD
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