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Author Topic: [ANN][ICO] Excreteum (SHET) - Decentralized GEICO of the Web 4.0  (Read 1072 times)
PaulRamlach (OP)
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June 29, 2017, 02:57:57 PM
Last edit: July 15, 2017, 01:00:05 PM by PaulRamlach
 #1


Excreteum is a decentralized solution to the asynchronous information issue by leveraging existent human capital in a seamless and secure manner for the end user.
We aim to foster a vibrant ecosystem through active community participation in the development of digital solutions for peer-to-peer interaction, bypassing traditional circuits of value to accelerate the positive life cycle of practical blockchain applications. Our project is built upon the belief mutually enriching sharing of ideas and development efforts will herald a new age of prosperity in which users are front and center of the financial sector and hold equal share in resource allocation.

Whitepaper - Website - Crowdsale - Blog - Twitter







Are you finding it hard to navigate between ICOs of dubious value? Implemented on the Ethereum blockchain as an ERC20 token (ticker: SHET), the Excreteum project reinvents the idea of cryptocurrency by putting you, the user, first and foremost. Our token abstracts investment complexity away through an innovative concept called Proof-of-Null. By starting with a non-existent nominal value, we ensure SHET token holders do not need to worry: it can't go down from there.


Features


On top of the Proof-of-Null system, Excreteum improves onto existing technologies in several ways. The complete list is out of scope for this topic, and we encourage you to take a look at our technical white paper. To name some proeminent features:

- Dynamic Stability: with an ERC20 token implementation, Excreteum is pegged to the most innovative blockchain in the crypto space. This ensures high-quality new features without having to develop anything, for maximum stability.
- Dumb Smart Contracts: we take care of the inherent complexity in smart contracts by sticking to proven, simple contracts approved by the community. This allows for fast iteration and optimal security.
- Smart Dumb Contracts: to allocate resources efficiently, we decentralize decentralization in certain situations where computation would be inefficient. Trusted individuals provide an extra layer to the trustless system.
- Democratic Dictatorship: users have their say in the future of Excreteum, with a no deadlock guarantee as the Excreteum Foundation will unilaterally take every decision.


Token Details


Smart Contract Address: 0xb228668BC6f79be14f42e5985c1853307550fd27
Name: Excreteum
Symbol: SHET
Decimals: 8

Total Supply: 120,000,000

Supply Distribution:
    10,000,000 developer fund
    20,000,000 marketing fund
    90,000,000 to be distributed proportionally in the crowdsale


Initial Coin Offering


The Excreteum Token Distribution will start on July 1, 2017 at 13:00 UTC and will be divided in two contribution periods.

    July 1, 2017 13:00 UTC to July 8, 2017 12:59 UTC
    July 8, 2017 13:00 UTC to July 15, 2017 12:59 UTC

During each of these contribution periods, 45 million tokens will be distributed proportionally to all participants, for a total of 90 million tokens with the two contribution periods.

In each contribution period, a participant will receive: 45 000 000 * ( number of ETH contributed by the participant ) / ( number of ETH contributed by all participants )

SHET tokens will be distributed shortly after the end of each contribution period.

Our token distribution is now closed. Thank you for your participation!

To join the Excreteum Token Distribution, you will need to send ETH to the Ethereum address on the official ICO page during the contribution periods. The minimum contribution amount is 0.01 ether. Do not send ETH to another address or outside of the contribution periods. ETH transactions are final. The Excreteum Foundation will not provide any refund.

To participate in the Excreteum Token Distribution, your wallet must be ERC20 compatible and you must own the private key.

Compatible wallets include but are not limited to:

   - MyEtherWallet
   - MetaMask

Exchange wallets are NOT compatible with the Excreteum Token Distribution. Do NOT send ETH from: Poloniex, Bittrex, Coinbase, Gemini, Kraken. This is a non-exhaustive list. Please ensure your wallet is compatible before sending any ETH.


Press Reviews


"Those two things work perfectly together in a seamless way, that brings elegance out" - Panos Panai, Microsoft corporate VP of devices
"It makes sense for our business, for the job candidates and for the communities" - Sam Ladha, IBM's vice president for talent
"Talent generates value and profits. Talent does not generate cost." - Rick Tsia, MediaTek co-CEO
"Excreteum might be the most promising investment opportunity of this century" - Warren Buffet, GEICO marketing


Bounties


In concordance with the improvements we offer on traditional cryptocurrencies, we have designed an innovative bounty program for Bitcointalk.

Instead of signature campaigns and promotions, we want to encourage productive discourse through traditional bounties. The system works as follow: if you reply to this topic in order to say "reserved for indonesian translation" (you know who you are), our algorithm will put a bounty on your head on the black market using a smart dumb contract. Our in-house team of professionally trained ninjas from the Sengoku era will reverse-engineer your IP packets to determine your location, and the community can then bid for the privilege to enact the smart dumb contract.

Punishments may include:
- being tied to a chair and forced to watch the Minions movie, several times.
- having to parallel park with a crying baby on the passenger seat
- an ancient voodoo curse raising your transaction fees to $5 minimum
- your mother shaking her head at you with disappointment

Post responsibly.



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June 29, 2017, 03:00:40 PM
 #2

Great ICO. May you succeed in earning a lot from punishments and curses Smiley

Instead of spending so much time making such threads, people can use it for constructive work  Roll Eyes

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English -> Indonesian translation service


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June 29, 2017, 03:02:55 PM
 #3

Any bounty translation?
Please, reserved indonesian translate

Thanks


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EKASEPBANJAR
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PaulRamlach (OP)
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June 29, 2017, 03:07:43 PM
 #4

Great ICO. May you succeed in earning a lot from punishments and curses Smiley

Instead of spending so much time making such threads, people can use it for constructive work  Roll Eyes

Thank you. We're getting in touch with our shaman contractor right now to launch a spell on whoever restricted new accounts from posting pictures.
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June 29, 2017, 05:28:19 PM
 #5

Any bounty translation?
Please, reserved indonesian translate

Thanks
Please read it carefully before requesting bounty translation.@OP You are very embarrassing Kiss

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PaulRamlach (OP)
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July 01, 2017, 12:58:37 PM
 #6

Our first contribution period is now live, and will run until July 8, 12:59 UTC.

ETH address: 0xa294E2E690d2e7C92bFD150f12F8eE17D9B87efa

Make run you have read and understood the terms on our official ICO page.
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July 02, 2017, 02:49:28 AM
 #7

July 1, 2017 13:00 UTC to July 8, 2017 12:59 UTC
July 8, 2017 13:00 UTC to July 15, 2017 12:59 UTC   Roll Eyes
target MIN ? MAX ?
Kuingsudaqila
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July 02, 2017, 03:04:52 AM
 #8

need more information if you want open ico selling
plan project, roadmap, dev team, escrow and more


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July 07, 2017, 06:21:34 PM
 #9

need more information if you want open ico selling
plan project, roadmap, dev team, escrow and more
reserved
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July 07, 2017, 06:26:08 PM
 #10

duration ico selling only 2 week
first week only collect 1.93 ETH with target 45k ETH
so can refund or not if ico selling not reach 45K ETH, i think is imposible can reach 45K ETH
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July 07, 2017, 06:28:33 PM
 #11

duration ico selling only 2 week
first week only collect 1.93 ETH with target 45k ETH
so can refund or not if ico selling not reach 45K ETH, i think is imposible can reach 45K ETH

https://etherscan.io/address/0xa294E2E690d2e7C92bFD150f12F8eE17D9B87efa

Yes that is even OP is not online from the date of launch don't know what future will be of this project.
PaulRamlach (OP)
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July 08, 2017, 12:35:42 PM
 #12

Our first contribution period is about to close. Thank you for your participation!

duration ico selling only 2 week
first week only collect 1.93 ETH with target 45k ETH
so can refund or not if ico selling not reach 45K ETH, i think is imposible can reach 45K ETH

We do not have a ETH target for this ICO.
Each contribution period offers 45 million tokens, which are distributed proportionally to contributors.
In the immortal words of Mahatma Gandhi: "It's just a job. Grass grows, birds fly, waves pound the sand. I beat people up."
PaulRamlach (OP)
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July 08, 2017, 12:44:58 PM
 #13

need more information if you want open ico selling
plan project, roadmap, dev team, escrow and more

Thank you for your interest. We encourage you to consult our website and whitepaper, much of the information you're looking for is available there.

To sum up our roadmap, we have great things on the horizon.
- We will be meeting with our business contacts in Singapore and Tajikistan to ramp up production of Excreteum-themed fidget spinners by Q4 2017.
- Our social media marketing strategy is multifaceted, but we're pivoting towards collaboration with respected media outlets such as CNN.
- There's this one guy on the back of the street who told us he'd get Excreteum on Yobit for the measly sum of 0.01 BTC.

In other words, exciting times ahead. This wouldn't have been possible without the outpouring of support from this community, and we'd like to take this opportunity to thank you all. Here's to a great next year in cryptocurrency!
PaulRamlach (OP)
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July 15, 2017, 09:17:21 AM
 #14

As our second contribution period is drawing to a close, we're hosting an AMA to answer any questions you might have. Join us on Reddit!
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