UPDATE: Hadn´t posted the last newsletters yet. The Early Bird offer first was offered to the subscribers
Internet Of Coins Newsletter #4: NEM, Waves, Bitshares And Early BirdsDear cryptocurrency enthusiast,
We thank you for your interest in our project. You are receiving this e-mail because you have either signed up for the Internet of Coins e-mail updates, or have previously been in touch with one of our team members.
- Welcome!If this is your first e-mail update, you can always read the previous ones at our
weblog. And remember: the fundraiser starts
March 21st. We send these updates once per week.
- Topic of this week: Early BirdsAs you may have read before, we started this project to just build tech. With all our code being open sourced by the
Commons Conservancy and our fundraiser expenditures managed by custodian
NLnet, we made sure we would be able to do just that. So in terms of governance, we are held accountable for the milestones we set, and what our actions are.
Bearing this in mind and with the Funding Terms being released next week, we would like to announce a one-time offer for the fundraiser first to our subscribers. We recommend to first always read the terms themselves upon release. They describe, among other things:
- the pricing rates of the hybrid tokens issued ($1 per token on opening at any of the supported chains, rising up to $2 at closing June 21st)
the amount of tokens issued (1,000,000 per supported blockchain type, currently 7 systems)
the reward system for all participants of the fundraising period:
5% additional payout of initially raised tokens by participants after the first year,
3% additional payout of initially raised tokens by participants after the second year,
2% additional payout of initially raised tokens by participants after the third year,
5% payout in issued tokens of future added asset systems upon their addition by the foundation to the network
the amount of tokens reserved (700,000 (10%) for development and payouts)
the minimum threshold for the fundraiser (less than $350,000 raised for development will always default to a full refund)
As subscribers, we want to extend to you the offer of becoming an Early Bird participant. Early Birds are eligible to receive the hybrid tokens at a 5% discount, or $0.95 per token. Your tokens will be reserved and allocated before the fundraiser starts. The minimum entry to become an Early Bird is a value equivalent to 10 BTC. The funds are allocated at our
custodian, and will be fully refunded if the minimum threshold for the crowdfund is not reached.
Interested? Send an email to
earlybird@internetofcoins.org and we will provide instructions on how to participate. The Early Bird offer ends March 21st 09.59 UTC; the day the fundraiser starts at 10.00 UTC.
- Development evolutionBIG UPDATE: our hybrid asset now supports NEM, Waves and Bitshares as well!This makes the total amount of supported asset chains for the fundraiser now 7. This week we gave our first live demo at Bitcoin Wednesday Amsterdam, explaining how we use combinations of blockchains, setting up currency recipes, and providing a first look at our GUI which the alpha group is currently testing. We´ll send the link once the presentation is up. In the meantime, Amadeus wrote an article on how we deal under the hood with our client security, which got published
here.
- Campaign growthThe banner campaigns have caused quite a stir and we´re very happy with the signups going through the roof! The Spanish, Russian and Chinese site translations are coming along nicely. This week we got some great feedback on our presentation at Bitcoin Wednesday Amsterdam.
After recently adding
Marietje Kardaun as an adviser on Ethics, we now also welcome
Bas Wisselink, boardmember of the NXT Foundation, as our latest member of the Committee of Recommendation. Being involved in blockchain projects for many years, he will reflect with us on the integration of the NXT platform and the cooperation with academia.
- Latest publicationsWe see an increase of our articles on the
developer blog being picked up. Our latest pieces are on the
objectivity and security of the platform, how we implemented
fingerprinting and keys and our views on personal finance for
expat. Bitcoin has proven how easy and cheap it can be to transfer value worldwide, so let´s make that happen for all blockchain value systems.
- Ways to supportLike the project? You can help us out by giving it a Star with your Twitter account on Cyber Fund. You can also follow us at
@internetofcoins to spread the word further
If you have a suggestion for a blockchain event where we really should be, drop us an email and we´ll try to come by. Our next presentation will be at the
Blockchain UA conference in Kiev, March 17th.
Thank you for taking the time to read our updates,
we´ll be in touch again next week!
Yours sincerely,
The team behind Internet of Coins - Amadeus, George, Jelle, Joachim, Marjon, Matthias, Pim, Robert, Sergey and Steffen
Internet Of Coins: Project Update #5 - Funding Terms, Roadmap and Assets DistributionDear cryptocurrency enthusiast,
We thank you for your interest in our project. You are receiving this e-mail because you have either signed up for the Internet of Coins e-mail updates, or have previously been in touch with one of our team members. For a quick introduction or reminder, take a look at this
interview.
- Welcome!If this is your first e-mail update, you can always read the previous ones at our weblog. And remember: the fundraiser starts
March 21st, 11.00 am CET. We send these updates usually once per week. Rather read these updates in another language? Check out our translated newsfeeds at
Bitcointalk.
- Topic of this week: Funding Terms, Roadmap & Assets DistributionLast week we opened up the Early Bird registration on the mailinglist, for anyone interested to step in before the launch March 21st. We thank our readers for the first batch of signups. You rock!
Interested in becoming an early participant with a discount? Take a look at the Early Birds
terms and leave us a message at
earlybirds@internetofcoins.org. Next week, direct participation via the website opens up.
The HYBRID assets in the crowdfund will offer rewards for at least the upcoming 3 years, with a stake in future projects of the Internet of Coins ecosystem. What will we be doing during this period? You can check our
roadmap for the expected development cycle, and how we intend to invest the capital raised.
The crowdfund will take place in the course over 3 months, starting March 21st and ending June 21st, when summer finally has arrived. We now have published the asset
pricing differentiation over the weeks. All funds are allocated at our financial
custodian, and will be fully refunded if the minimum threshold for the crowdfund is not reached.
- Development evolutionAmadeus' last article about the implementation of Tor and I2P into the client got some positive feedback, thanks everyone for that! At Bitcoin Wednesday Amsterdam we have recently given a presentation about the inner workings of the client, and provided a demo to show our current GUI. You can find it
here. Be sure to check it out if you have any questions left about the system we're building. In the meantime, Joachim has taken some to time to describe what is under the hood of the
Weavechain, a vital part of the client.
- Campaign growthThe
Chinese site is now being polished online, with Arabic in the works. Since we got picked up by several Asian sites, the traffic has exploded and we even had a moment of downtime. An Eastern version of the Slashdot effect :-)
We welcome Ronny Boesing, CEO of
OpenLedger, as our latest member of the Board of Recommendation. Ronny has successfully brought the decentralized exchange OpenLedger to the market, and will advise us in achieving the same for Internet of Coins.
- Latest publicationsLately, we have been featured at
CryptocoinsNews,
Cointelegraph and
Bitcoin.com and according to our agents apparently two American TV channels. Friday, you can catch us at the
BlockchainUA event in Kiev. On Monday, we will participate in a live streamed interview, which you can check out
here. You can always find our previous publications on our
developer blog.
- Ways to supportLike the project? You can help us out by giving it a Star with your Twitter account on
Cyber Fund. You can also follow us at
@internetofcoins to spread the word further. Want be added to our
Slack channel? Just reply to this mail with your request and we'll add you.
Thank you for taking the time to read our updates,
we´ll be in touch again next week!
Yours sincerely,
Amadeus, George, Jelle, Joachim, Marjon, Matthias, Pim, Robert, Sergey and Steffen
