[OLD ANN] [DRAC] - Drac, a safe coin for a daily use

[ivaxmm]

HAHAHHAAHHAHA

NO ICO !

We just sell all coins to exchanges so we still get all your money!

Goodluck

it is even better, as we explain in the post... and the whitepaper.... the 94% will be for the exchanges, yes, but the profits from it, will be for the dracshares holders... so if you hold 1 dracshare you will receive 0.00016% of the profits from this agreement, fair enough if you remember that we gave you that 1 XDRAC for free

[ayesha98211]

so you will only be sold on the exchange and after that go to bring BTC without redemption, so?

[ivaxmm]

so you will only be sold on the exchange and after that go to bring BTC without redemption, so?

well, as I just said, we will get our %, but dracshares holders too.

at the begining it will be like this:

94% to exchanges
6% team + users

profits from this 94% will be distributed like this:

6% will represent now the 100%= 600.000 (as all the dracshare holders will have tokens from this 6%), so:

If you have 1 dracshare, it will be 0.00016% of the profits from the 94% sold.

[kurbeks]

no minning, no fun

[methylminer]

You had me excited when I saw "algorithm developer" then....eth based token?

Why not ethereum clone then create a token.

[ivaxmm]

You had me excited when I saw "algorithm developer" then....eth based token?

Why not ethereum clone then create a token.

haha well, Sergio is our algortihm dev guy, he is a fucking boss on it.

So, we have 2 tokens:
- Dracshares: eth blockhain -> crypto market
- Dracs: our own algo -> "muggle market", made for the people that dont understand cryptocurrencies or are afraid of bitcoin... however, to create it as we wanted, it couldnt be on exchanges, as it will be too volatile. this platform will be ready by the end of the year. We already made a beta test last october.

[maknyos]

how to get Bounties ?

@ashmodeus in slack chanel but only 0.1 Drac per user

only 0.1 drac per one ? tell me you are kindding 

improved! 1 XDRAC for joining slack
we listen our users opinions

how many btc 1 xdrac sir :v

[methylminer]

You had me excited when I saw "algorithm developer" then....eth based token?

Why not ethereum clone then create a token.

haha well, Sergio is our algortihm dev guy, he is a fucking boss on it.

So, we have 2 tokens:
- Dracshares: eth blockhain -> crypto market
- Dracs: our own algo -> "muggle market", made for the people that dont understand cryptocurrencies or are afraid of bitcoin... however, to create it as we wanted, it couldnt be on exchanges, as it will be too volatile. this platform will be ready by the end of the year. We already made a beta test last october.

If you have the capabilities to create a unique algo for your coin, the attention alone from this forum will be massive. Many dev's here like a new challenge to write optimized code for cpu, gpu, amd, nvidia etc.

Just look at Pasc, Zcash, Lbry, etc

[trannamtan]

how to get Bounties ?

@ashmodeus in slack chanel but only 0.1 Drac per user

only 0.1 drac per one ? tell me you are kindding 

improved! 1 XDRAC for joining slack
we listen our users opinions

how many btc 1 xdrac sir :v

I guess....maybe...1 XDRAC = 10 USD  

[tomkat]

so you will only be sold on the exchange and after that go to bring BTC without redemption, so?

well, as I just said, we will get our %, but dracshares holders too.

at the begining it will be like this:

94% to exchanges
6% team + users

profits from this 94% will be distributed like this:

6% will represent now the 100%= 600.000 (as all the dracshare holders will have tokens from this 6%), so:

If you have 1 dracshare, it will be 0.00016% of the profits from the 94% sold.

I'm not sure if I get it correctly:
-you're going to sell 94% of the initial supply on exchanges, and then
-start generating profits out of the collected BTC
-distribute the profits to holders of 600k coins (which will become 100% of total shares)

Questions:
-if 600k shares will become 100% of the total share, then what will be the 94% sold to exchanges ?
-what will be the incentive to buy the 94%?
-how are you going to generate the profits?

[andrew2k]

so you will only be sold on the exchange and after that go to bring BTC without redemption, so?

well, as I just said, we will get our %, but dracshares holders too.

at the begining it will be like this:

94% to exchanges
6% team + users

profits from this 94% will be distributed like this:

6% will represent now the 100%= 600.000 (as all the dracshare holders will have tokens from this 6%), so:

If you have 1 dracshare, it will be 0.00016% of the profits from the 94% sold.

I'm not sure if I get it correctly:
-you're going to sell 94% of the initial supply on exchanges, and then
-start generating profits out of the collected BTC
-distribute the profits to holders of 600k coins (which will become 100% of total shares)

Questions:
-if 600k shares will become 100% of the total share, then what will be the 94% sold to exchanges ?
-what will be the incentive to buy the 94%?
-how are you going to generate the profits?

I believe it behaves just like the shares of any other company. In the beginning there are 600k shares but after all the other 9.4 millions are sold basically everyone's shares will be diluted. It's like a company issuing new shares I believe.

[logictense]

You had me excited when I saw "algorithm developer" then....eth based token?

Why not ethereum clone then create a token.

haha well, Sergio is our algortihm dev guy, he is a fucking boss on it.

So, we have 2 tokens:
- Dracshares: eth blockhain -> crypto market
- Dracs: our own algo -> "muggle market", made for the people that dont understand cryptocurrencies or are afraid of bitcoin... however, to create it as we wanted, it couldnt be on exchanges, as it will be too volatile. this platform will be ready by the end of the year. We already made a beta test last october.

Whats the algo for the second version of drac and what makes it any different from eth based token? From the looks of it, drac hasnt got steam to go anywhere, and the person who tries to push it has been evidently struggling with HIV for two years. Not touching this one until u find a cure for urself and try again.

[ivaxmm]

so you will only be sold on the exchange and after that go to bring BTC without redemption, so?

well, as I just said, we will get our %, but dracshares holders too.

at the begining it will be like this:

94% to exchanges
6% team + users

profits from this 94% will be distributed like this:

6% will represent now the 100%= 600.000 (as all the dracshare holders will have tokens from this 6%), so:

If you have 1 dracshare, it will be 0.00016% of the profits from the 94% sold.

I'm not sure if I get it correctly:
-you're going to sell 94% of the initial supply on exchanges, and then
-start generating profits out of the collected BTC
-distribute the profits to holders of 600k coins (which will become 100% of total shares)

Questions:
-if 600k shares will become 100% of the total share, then what will be the 94% sold to exchanges ?
-what will be the incentive to buy the 94%?
-how are you going to generate the profits?

I'm not sure if I get it correctly:
-you're going to sell 94% of the initial supply on exchanges, and then
-start generating profits out of the collected BTC
-distribute the profits to holders of 600k coins (which will become 100% of total shares)

YES

Questions:
if 600k shares will become 100% of the total share, then what will be the 94% sold to exchanges ?
- This procedure will be only at the begining, once 94% is sold and profits distributed among the first holders, the 600k coins will become again 6% of the total. because new buyers/holders will enter to the market through the exchanges.

what will be the incentive to buy the 94%?
it will give you the same rights as the other 6% had at the begining, future dividends from the profits and voting.

how are you going to generate the profits?
once we get the profits from this 94%, and distribute them, we have a business model that you can read in our whitepaper. (At the end)

[ivaxmm]

how to get Bounties ?

@ashmodeus in slack chanel but only 0.1 Drac per user

only 0.1 drac per one ? tell me you are kindding 

improved! 1 XDRAC for joining slack
we listen our users opinions

how many btc 1 xdrac sir :v

I guess....maybe...1 XDRAC = 10 USD  

we can't answer it yet, as it depends on the negotiations with the exchanges. But our goal ofc, is the best for our holders.

[inoes]

any wallet ?

[ArdiPrabowo]

There's no mining as I understand?

no mining, no ico, it is an eth based token. There is only 10M, so we will give for free 0.1 XDRAC to the ones joining our slack and 1 XDRAC to translate.

94% youre selling to use exchanger in early launch
is same 94% youre alocation to ico selling, so how much price youre early launch in selling exchanger

[ivaxmm]

any wallet ?

Now its is ethereum wallet, until its not yet in any exchange

[jambo110]

With a catch.. !!

[sxafir]

Did i missed distribution free coin or not to late becuse 100 people can just claim.

[ivaxmm]

Did i missed distribution free coin or not to late becuse 100 people can just claim.

still on time! join us at slack!