INTCoin ICO

[PentagonPinnacle]

Anybody here know about INTCoin, is this legit?  ICO is on now (1 BTC - 2099 INT) they apparently sold
2 202 093.12 worth of INT


https://www.intcoincurrency.org/

INTCoin

INTCoin is a next generation decentralized currency that takes advantage of blockchain capabilities for instant transactions with a minimum fee.

A distinctive feature of INTCoin is adoption of AniNote and SCS technologies, which are based on resolving issues of existing decentralized systems associated with consensus algorithm, network bandwidth and transaction anonymity.


CryptoNote: evolution of ideas lying at the core of bitcoin technology. This is a protocol allowing to develop fully anonymous cryptocurrencies. CryptoNote’s anonymity is ensured by the "ring signature" technology, which allows users to make their transactions absolutely unrelated.

At the same time, CryptoNote helps solve the problem of double expense typical for fully anonymous signatures, and uses egalitarian proof-of-work mechanism with equal voting rights for miners.

Realizing the advantages and prospects of this protocol, we have developed an original protocol, AniNote, which allows to expedite the transaction process while maintaining the same level of anonymity, and enhance the untraceability of transactions.

AniNote uses a multichannel ring signature to achieve the highest level of coin mixing when a large number of the system’s nodes is involved, and slightly modifies its algorithms.


Distribution of issue

The INTCoin issue is limited, with the number of issued coins decreasing by 3% over every subsequent 180 days (annual rate ≈ 5.9%). The coins are distributed in several ways:

    Initial budget: 4.5%
    Miner’s reward (POW): 47%
    Holder’s reward (POS): 40%
    Development budget: 8.5%


Consensus algorithm

INTCoin features a hybrid consensus system, Proof-of-work (POW) + Proof-of-stake (POS), which allows to determine the balance between miners and currency holders to ensure stability and true decentralization, and helps prevent concentration of influence over development within a narrow circle.

This consensus algorithm enables participation in the system both using and without mining.

[gerome420]

me like where can i mine?

[umbara ardian]

Nice. I'm waiting dev.

[foob6]

   Initial budget: 4.5%
    Miner’s reward (POW): 47%
    Holder’s reward (POS): 40%
    Development budget: 8.5%

so which the ICO ?

[jacafbiz]

   Initial budget: 4.5%
    Miner’s reward (POW): 47%
    Holder’s reward (POS): 40%
    Development budget: 8.5%

so which the ICO ?

I really don't think the guy understands what he is asking about

[dihari]

So where is the announcement link thread of this coin? I have never seen this coin make an ICO thread, bounty or anything. Maybe I missed to check the marketplace section pages. So please give me the link, it's 20 days left presale.

[PentagonPinnacle]

So where is the announcement link thread of this coin? I have never seen this coin make an ICO thread, bounty or anything. Maybe I missed to check the marketplace section pages. So please give me the link, it's 20 days left presale.

I was wondering the same thing ...

[Breasal]

I've tried to send a couple of emails to the dev/email address listed over the past week, no response. It seems a bit scammy but with the flurry of writeups, it's unclear. Still no word from dev on this or ann thread so I'm not sending BTC or will be lost forever, unless the dev speaks up about the ICO.

[TGD]

i check the website  theres no given link for annthread there i cannot also see how much btc already  accumulated with this crowdsale .

[Breasal]

This answer is from 13/04/2017. They answer me. But with a delay of 2-4 days, usually.


"Hello,

Now we - the team of INTCoin - are working on the every single aspect / side
Of INTCoin, make no mistake about it. Yes, we have some obstacles with
Providing information to investors, that's why in this time personally I
Am working on the developing of our white paper and providing it to the web
Resourses you mentioned before.

Please, if you have a lot of hesitations and fears, as you have said
Before, you can take a part in the presales
Information on the website. We are not interested in your fears
Hesitations.

From our side we are making everything to develop INTCoin in the best way
And to launch it.

Best wishes, Mila. "

Not very encouraging, english is not good and it sounds a bit of a hack job with a lack of vision. First, what is aninote and where is the evidence of it's functionality and use case. With almost 1000 btc banked for this ico so far and with no news and no info about 'Mila', you are very brave about investing...I would not touch with a 10' pole. Maybe after launch, if it proves to be novel, but sounds like if anyone sends btc mila's way, it's gone forever.


Edit: I asked Mila if escrow is available for the ICO...no response yet

[stomachgrowls]

This answer is from 13/04/2017. They answer me. But with a delay of 2-4 days, usually.


"Hello,

Now we - the team of INTCoin - are working on the every single aspect / side
Of INTCoin, make no mistake about it. Yes, we have some obstacles with
Providing information to investors, that's why in this time personally I
Am working on the developing of our white paper and providing it to the web
Resourses you mentioned before.

Please, if you have a lot of hesitations and fears, as you have said
Before, you can take a part in the presales
Information on the website. We are not interested in your fears
Hesitations.

From our side we are making everything to develop INTCoin in the best way
And to launch it.

Best wishes, Mila. "

Not very encouraging, english is not good and it sounds a bit of a hack job with a lack of vision. First, what is aninote and where is the evidence of it's functionality and use case. With almost 1000 btc banked for this ico so far and with no news and no info about 'Mila', you are very brave about investing...I would not touch with a 10' pole. Maybe after launch, if it proves to be novel, but sounds like if anyone sends btc mila's way, it's gone forever.

Answering in a matter of days or delays already indicates that this is quiet suspicious and information seems tightly sealed and theres no transparency here or even just giving out some informations and as said above theres no even announcement thread.How can we able to see if theres none? Its not the right way on encouraging people here.

[dihari]

This answer is from 13/04/2017. They answer me. But with a delay of 2-4 days, usually.


"Hello,

Now we - the team of INTCoin - are working on the every single aspect / side
Of INTCoin, make no mistake about it. Yes, we have some obstacles with
Providing information to investors, that's why in this time personally I
Am working on the developing of our white paper and providing it to the web
Resourses you mentioned before.

Please, if you have a lot of hesitations and fears, as you have said
Before, you can take a part in the presales
Information on the website. We are not interested in your fears
Hesitations.

From our side we are making everything to develop INTCoin in the best way
And to launch it.

Best wishes, Mila. "

Not very encouraging, english is not good and it sounds a bit of a hack job with a lack of vision. First, what is aninote and where is the evidence of it's functionality and use case. With almost 1000 btc banked for this ico so far and with no news and no info about 'Mila', you are very brave about investing...I would not touch with a 10' pole. Maybe after launch, if it proves to be novel, but sounds like if anyone sends btc mila's way, it's gone forever.


Edit: I asked Mila if escrow is available for the ICO...no response yet

Simply I will never join and invest some money in an ico that doesn't have any announcements thread in here, bitcointalk forum. Deal or not, even many scam project make start from this forum, there is always much more good and success from making announcement about their project in this forum. At least I can trust people​ that making project and looking for investors, and they ready to answer even shit question publicly.

[Bitmedrano040117]

Anybody here know about INTCoin, is this legit?  ICO is on now (1 BTC - 2099 INT) they apparently sold
2 202 093.12 worth of INT


https://www.intcoincurrency.org/

INTCoin

INTCoin is a next generation decentralized currency that takes advantage of blockchain capabilities for instant transactions with a minimum fee.

A distinctive feature of INTCoin is adoption of AniNote and SCS technologies, which are based on resolving issues of existing decentralized systems associated with consensus algorithm, network bandwidth and transaction anonymity.


CryptoNote: evolution of ideas lying at the core of bitcoin technology. This is a protocol allowing to develop fully anonymous cryptocurrencies. CryptoNote’s anonymity is ensured by the "ring signature" technology, which allows users to make their transactions absolutely unrelated.

At the same time, CryptoNote helps solve the problem of double expense typical for fully anonymous signatures, and uses egalitarian proof-of-work mechanism with equal voting rights for miners.

Realizing the advantages and prospects of this protocol, we have developed an original protocol, AniNote, which allows to expedite the transaction process while maintaining the same level of anonymity, and enhance the untraceability of transactions.

AniNote uses a multichannel ring signature to achieve the highest level of coin mixing when a large number of the system’s nodes is involved, and slightly modifies its algorithms.


Distribution of issue

The INTCoin issue is limited, with the number of issued coins decreasing by 3% over every subsequent 180 days (annual rate ≈ 5.9%). The coins are distributed in several ways:

    Initial budget: 4.5%
    Miner’s reward (POW): 47%
    Holder’s reward (POS): 40%
    Development budget: 8.5%


Consensus algorithm

INTCoin features a hybrid consensus system, Proof-of-work (POW) + Proof-of-stake (POS), which allows to determine the balance between miners and currency holders to ensure stability and true decentralization, and helps prevent concentration of influence over development within a narrow circle.

This consensus algorithm enables participation in the system both using and without mining.

I just noticed, I think there is something lacking in the information of this announcement.
In fact, it is not clear if this is a kind of signature campaign project or what. Its not that attractive anyway if this is an ico campaign.
So better to improve more about making an ico like what others did here. This is only just my opinion, though I'm also a newbie here too.

[Yoseikan91]

Guys I have like you many doubts ,no many informations .. but take a look here https://www.cryptocoinsnews.com/intcoin-sets-june-7-launch-date-featuring-anonymity-speed-payment/ and https://cointelegraph.com/news/monero-20-why-intcoin-claims-to-be-next-generation-decentralized-currency ,this site can publish scams you think ? i don't know ,i am scary too to invest on ICO . We'll see after launch better i think ,even if we'll pay a little bit more .

[Breasal]

This answer is from 13/04/2017. They answer me. But with a delay of 2-4 days, usually.


"Hello,

Now we - the team of INTCoin - are working on the every single aspect / side
Of INTCoin, make no mistake about it. Yes, we have some obstacles with
Providing information to investors, that's why in this time personally I
Am working on the developing of our white paper and providing it to the web
Resourses you mentioned before.

Please, if you have a lot of hesitations and fears, as you have said
Before, you can take a part in the presales
Information on the website. We are not interested in your fears
Hesitations.

From our side we are making everything to develop INTCoin in the best way
And to launch it.

Best wishes, Mila. "

Not very encouraging, english is not good and it sounds a bit of a hack job with a lack of vision. First, what is aninote and where is the evidence of it's functionality and use case. With almost 1000 btc banked for this ico so far and with no news and no info about 'Mila', you are very brave about investing...I would not touch with a 10' pole. Maybe after launch, if it proves to be novel, but sounds like if anyone sends btc mila's way, it's gone forever.


Edit: I asked Mila if escrow is available for the ICO...no response yet

Has anyone heard from the Dev team? All posts are from newbie accounts and still no official thread for the forum, this is dangerous territory - I'd be very careful here - still even no offer for escrow.

[PentagonPinnacle]

But why create a topic, if you really have nothing to discuss. Because there is actually nothing, other than pre-sale.
On the forum, I registered a short time ago, yes. But crypto I have been studying for 2 years.
No one is pulling his hand into the project. And yes, maybe this is fraud., We also do not know. The whole crypto world is a big bubble, and a high danger.
There is no information about the developers. There are only a couple of organizer names (and it's not very clear who they are).
I'm just like everyone else here, just trying to invest and look for interesting projects. If this is a scam, then God is their judge, they have already seen such scammers. We will see in June.

(I write through Google translator)

This topic was created to figure out if anyone has any info on this project, usually developers post here and people are on top of opportunities here. Considering they intcoin are advertising that they have raise a substantial amount of money, I wanted to find out whether it was worth investing.

I still don't know anything about the developer credentials and about why anybody invested so I'm gonna skip this one until I get details ...

[TheDeepestCoin]

IntCoin promises sounds good, too good.
Who are the developers?

[gomei]

This answer is from 13/04/2017. They answer me. But with a delay of 2-4 days, usually.


"Hello,

Now we - the team of INTCoin - are working on the every single aspect / side
Of INTCoin, make no mistake about it. Yes, we have some obstacles with
Providing information to investors, that's why in this time personally I
Am working on the developing of our white paper and providing it to the web
Resourses you mentioned before.

Please, if you have a lot of hesitations and fears, as you have said
Before, you can take a part in the presales
Information on the website. We are not interested in your fears
Hesitations.

From our side we are making everything to develop INTCoin in the best way
And to launch it.

Best wishes, Mila. "

Not very encouraging, english is not good and it sounds a bit of a hack job with a lack of vision. First, what is aninote and where is the evidence of it's functionality and use case. With almost 1000 btc banked for this ico so far and with no news and no info about 'Mila', you are very brave about investing...I would not touch with a 10' pole. Maybe after launch, if it proves to be novel, but sounds like if anyone sends btc mila's way, it's gone forever.


Edit: I asked Mila if escrow is available for the ICO...no response yet

I cannot find the announcement thread. So it is quiet suspicious and the information provided in the E-mails seems tightly sealed.

[Slothking]

Intcoin Ico over still no whitepaper or wallet download ...I think I got bent over and my bitcoin waved bye bye . I hate scam ico. I hope they get what's coming to them. The ico looked to have raised 3millionusd.muddafuckers

[Virman01]

Intcoin Ico over still no whitepaper or wallet download ...I think I got bent over and my bitcoin waved bye bye . I hate scam ico. I hope they get what's coming to them. The ico looked to have raised 3millionusd.muddafuckers

I think you may be wrong to join an ICO project, maybe you do not see in it how the project runs, if you want to join or invest in ICO, you should check it first to prove how they built this project, are they Really serious or no