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?
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)
-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.
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.