[ANN] The Scarab Experiment (Official)

[Marvintymo]

Thanks for the answer.

Since there is no escrow for the money raised and you have not shared your real world identity, how can you reassure us that this isn't just a scam for you to take the money and run?

We have not hidden our identities and in some venues they have been shared, but for the most part the Core members would like to remain away from the spotlight to put the focus on the artist, Scarab. We have been working on this since 2014 and we have no intention of leaving this project or running away with any funds.

Each Scarab Token represents membership into the community for participation in voting and creating art. The cost of one token is still yet to be determined but it currently will be less than .009 BTC approx 11 EUR or 10 USD. We decided against an escrow because our best outcome is if each Token is owned individually, which limits the amount of risk one would assume by purchasing. If you wish to purchase many Scarab Tokens for potential profit gain that's an assumed risk that you have to take with virtually every cryptocurrency regardless of who they have as escrow or identify as their team members.

^let's see some of this artists' work "Scarab" is a masonic symbol ~ :-D

*why one token = 1btc im not seeing people buying this...zzz

It's not 1 btc = 1 Scarab, the auction for the first Scarab Token started at 1BTC and goes down until purchased. It's currently at .0081 BTC for the Token. You can see the current price here http://coinvend.io/scarab

Why the name Scarab?
In Egyptian the name for the Scarab is translated as hprr, meaning "rising from, come into being itself," close to the word hpr, wich means "to become, to change."*

*cited source: "ANCIENT EGYPT." McClung Museum - Egyptian Scarabs. N.p., n.d. Web. 01 Mar. 2014.

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[gembitz]

Thanks for the answer.

Since there is no escrow for the money raised and you have not shared your real world identity, how can you reassure us that this isn't just a scam for you to take the money and run?

We have not hidden our identities and in some venues they have been shared, but for the most part the Core members would like to remain away from the spotlight to put the focus on the artist, Scarab. We have been working on this since 2014 and we have no intention of leaving this project or running away with any funds.

Each Scarab Token represents membership into the community for participation in voting and creating art. The cost of one token is still yet to be determined but it currently will be less than .009 BTC approx 11 EUR or 10 USD. We decided against an escrow because our best outcome is if each Token is owned individually, which limits the amount of risk one would assume by purchasing. If you wish to purchase many Scarab Tokens for potential profit gain that's an assumed risk that you have to take with virtually every cryptocurrency regardless of who they have as escrow or identify as their team members.

^let's see some of this artists' work "Scarab" is a masonic symbol ~ :-D

*why one token = 1btc im not seeing people buying this...zzz

It's not 1 btc = 1 Scarab, the auction for the first Scarab Token started at 1BTC and goes down until purchased. It's currently at .0081 BTC for the Token. You can see the current price here http://coinvend.io/scarab

Why the name Scarab?
In Egyptian the name for the Scarab is translated as hprr, meaning "rising from, come into being itself," close to the word hpr, wich means "to become, to change."*

*cited source: "ANCIENT EGYPT." McClung Museum - Egyptian Scarabs. N.p., n.d. Web. 01 Mar. 2014.

^have you even looked===>


==========================================================

The Scarab Token Vending machine.

A shared artist persona for anyone to become, learn more @ http://thescarabexperiment.org


The 1st Scarab Token is now available! The price starts with 1 Scarab Token for 1 Bitcoin, if it doesn't sell the price will automatically go lower until it does. Once it sells that will set the price for the rest of the Tokens and the rest of the 40,000 Tokens will then become available here.


=========================================================


where are you seeing .0081?


 

[Cryptorials]

I didn't realize the price would go down so fast. How often does it reduce?

[Marvintymo]

Thanks for the answer.

Since there is no escrow for the money raised and you have not shared your real world identity, how can you reassure us that this isn't just a scam for you to take the money and run?

We have not hidden our identities and in some venues they have been shared, but for the most part the Core members would like to remain away from the spotlight to put the focus on the artist, Scarab. We have been working on this since 2014 and we have no intention of leaving this project or running away with any funds.

Each Scarab Token represents membership into the community for participation in voting and creating art. The cost of one token is still yet to be determined but it currently will be less than .009 BTC approx 11 EUR or 10 USD. We decided against an escrow because our best outcome is if each Token is owned individually, which limits the amount of risk one would assume by purchasing. If you wish to purchase many Scarab Tokens for potential profit gain that's an assumed risk that you have to take with virtually every cryptocurrency regardless of who they have as escrow or identify as their team members.

^let's see some of this artists' work "Scarab" is a masonic symbol ~ :-D

*why one token = 1btc im not seeing people buying this...zzz

It's not 1 btc = 1 Scarab, the auction for the first Scarab Token started at 1BTC and goes down until purchased. It's currently at .0081 BTC for the Token. You can see the current price here http://coinvend.io/scarab

Why the name Scarab?
In Egyptian the name for the Scarab is translated as hprr, meaning "rising from, come into being itself," close to the word hpr, wich means "to become, to change."*

*cited source: "ANCIENT EGYPT." McClung Museum - Egyptian Scarabs. N.p., n.d. Web. 01 Mar. 2014.

^have you even looked===>


==========================================================

The Scarab Token Vending machine.

A shared artist persona for anyone to become, learn more @ http://thescarabexperiment.org


The 1st Scarab Token is now available! The price starts with 1 Scarab Token for 1 Bitcoin, if it doesn't sell the price will automatically go lower until it does. Once it sells that will set the price for the rest of the Tokens and the rest of the 40,000 Tokens will then become available here.


=========================================================


where are you seeing .0081?


 

You can see the CURRENT Cost @ http://coinvend.io/scarab The price has been dropping since it first became available on March 15th

[Marvintymo]

I didn't realize the price would go down so fast. How often does it reduce?

The reduction of price started quickly but then slows down as it gets lower. There are various streams of information which adjust the rate as time goes on, but looking at the chart it's now around to a .0001 btc every few hours. There will be an email sent out to all our email subscribers once the first Token is sold and sets the price.

[Cryptorials]

I wrote an article about this: http://cryptorials.io/scarab-experiment-creating-decentralized-artistic-personae/

[NorthPixel]

The price is already very high, it will continue to grow? From what it should grow, what is the point of buying and where can I sell it?

[Marvintymo]

I wrote an article about this: http://cryptorials.io/scarab-experiment-creating-decentralized-artistic-personae/

Wow, what a great article, thanks for putting in the time to understand our project. Be sure to submit this on our bounty page to receive some Scarab Tokens. http://thescarabexperiment.org/bounty.html

[Marvintymo]

The price is already very high, it will continue to grow? From what it should grow, what is the point of buying and where can I sell it?

The price is not growing it's shrinking until the first Token is sold. See the sale of the first Token happening here: http://coinvend.io/scarab You will be able to sell The Scarab Tokens initially on the exchange, Counterparty DEX https://xcpdex.com/

The point of buying The Scarab Token is that you'll be able to participate in The Scarab Experiment by either creating art or by helping to promote the artist SCARAB. Everyone that has a Scarab Token is essentially a part of SCARAB. You can also buy The Scarab Tokens if you wish to simply speculate on the value.

[Cryptorials]

I wrote an article about this: http://cryptorials.io/scarab-experiment-creating-decentralized-artistic-personae/

Wow, what a great article, thanks for putting in the time to understand our project. Be sure to submit this on our bounty page to receive some Scarab Tokens. http://thescarabexperiment.org/bounty.html

Thanks. The bounty form isn't working. I sent you a pm.

[Marvintymo]

I wrote an article about this: http://cryptorials.io/scarab-experiment-creating-decentralized-artistic-personae/

Wow, what a great article, thanks for putting in the time to understand our project. Be sure to submit this on our bounty page to receive some Scarab Tokens. http://thescarabexperiment.org/bounty.html

Thanks. The bounty form isn't working. I sent you a pm.

fixed

[Haslett5236]

please  reserve me the Chinese whitepaper translation


thanks

[Marvintymo]

please  reserve me the Chinese whitepaper translation


thanks

It is reserved for you now.

[gerbas]

project with counter wallet platform many not successfull
i hope Scarab can be success

[NeuroticFish]

The Romanian translation is done.
You can find it here: https://bitcointalk.org/index.php?topic=1830842
Since I've never used CounterParty yet I will explore it in the near future and use your form to receive the bounty.

Edit: request also sent by the form.

[ShooterXD]

SCARAB ANN translated to portuguese


All portuguese speakers people are welcome to join us at https://bitcointalk.org/index.php?topic=1831324

Check my job: https://bitcointalk.org/index.php?topic=1799197.msg17930174#msg17930174

[Marvintymo]

project with counter wallet platform many not successfull
i hope Scarab can be success

We hope so too!

[Marvintymo]

The Romanian translation is done.
You can find it here: https://bitcointalk.org/index.php?topic=1830842
Since I've never used CounterParty yet I will explore it in the near future and use your form to receive the bounty.

Edit: request also sent by the form.

Excellent, thank you!

[Marvintymo]

SCARAB ANN translated to portuguese


All portuguese speakers people are welcome to join us at https://bitcointalk.org/index.php?topic=1831324

Check my job: https://bitcointalk.org/index.php?topic=1799197.msg17930174#msg17930174

We appreciate your work, bounty coming your way soon.

[Kryptowerk]

I'd like to reserve the German translation.
As an artist myself I like the basic idea, hope to see something great for real content/art creators in blockchain space soon. Do you have experience with implementing this in a good way?

We have reserved the German Announcement page and whitepaper translation for you, good luck! Our Core team is from the Art World, tech development, coding and business management sectors. They all have various projects behind them and the system for Scarab is ready to launch, our focus now is acquiring participants. 

German ANN thread coming in an hour or so.
Whitepaper should be ready today, too.

Will be writing a Steemit post by tomorrow.

Very interesting project so far.