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Author Topic: [ANN][BitZY Decentralized Anonymous Crypto Currency]  (Read 3124 times)
BitZY (OP)
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July 30, 2017, 01:30:55 PM
Last edit: August 15, 2017, 02:58:06 AM by BitZY
 #1








Introduction

We have decided to release BitZY a Zcash/Monero based Crypto currency. The token will be sold via a crowd-sale and be capped. The reason we are capping this is to allow everybody an equal opportunity to invest.

We will be using technology behind Zcash and Monero but will also be looking at implementing other technologies into this such as  Dash. We believe by bringing all 3 technologies and coding together will make for a much more secure and anonymous currency. As previously mentioned the majority will be based on Zcash/Monero.

What is BitZY?


BitZY is a decentralized cryptocurrency similar as the works of bitcoin,
transactions will need to be verified by users but will differ from others in the way this is done.

Using the example of bitcoin -

The transaction will involve a Sender and Receiver (Different addresses)
and the amount that the user is wanting to send. The transaction in then turned into blocks and stored on the “BlockChain” the issue is that the “Blockchain” is public and transactions can easily be viewed. Which can be an issue for people who's transactions need to fly under the radar.

With BitZY the transaction is more secure neither sender or receivers address is available publicly. BitZY provides an anonymous currency. We will implement another token in our project that can be used publicly on the blockchain but this will be later implemented into our project so BitZY serves a double purpose.

BitZY will use Cryptonote which is the most anonymous system available. Cryptonote is un-comparable in ability and security but uses a completely different code than bitcoin.



Crowd-Sale

The BitZY Pre-sale will last 30days and will hold bonuses for early investors.

First Week - 10%
Second Week-7.5%
Third Week- 5%
Fourth Week- 0%

Bounty Campaign

Twitter –
Followers
500>5000 - 350Tokens
5000> 450 Tokens

Translation
Every Translation would be a set rate of 350 tokens



Fund allocation



2.5% Bounty – 525,000
30% Development – 6,300,000
67.5% Fundraising -  14,175,000


www.twitter.com/BitzyCrypto
bitzycrypto.slack.com
www.bitzy.net
info@bitzy.net
brian_nguyen
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July 30, 2017, 01:36:44 PM
 #2

Yayyyyyy, Not another Ether token. What's the ICO price? Any escrow?
BitZY (OP)
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July 30, 2017, 01:44:38 PM
 #3

Token Details

Volume: 21,000,000
Price per token : 0.00004934 BTC
Maximum Cap: 2,500,000
Minimum Cap:  1000
lesya2602
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July 30, 2017, 01:45:31 PM
 #4

table for registration?
BitZY (OP)
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July 30, 2017, 01:54:43 PM
Last edit: July 30, 2017, 03:36:49 PM by BitZY
 #5

table for registration?

If what you are referring to is a registration service this is not required as all payments will be logged in the blockchain. If i have misinterpreted your request please correct me otherwise.

Once we are live there will be a redeem form to which you can input your bitcoin address but this must be the one you used during the crowdsale.
lesya2602
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July 30, 2017, 02:20:24 PM
 #6

I'm on the bounty
Cryptowalk
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July 30, 2017, 05:03:22 PM
 #7

Is the crowdfunding going to last only 30days?

I'm interested in the bounty campaign
BitZY (OP)
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July 30, 2017, 05:08:16 PM
 #8

Thats correct, Crowdfunding will come to an end after the fourth week.

The bounty campaign details are listed in the forum post.

Tartiflette
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July 30, 2017, 05:31:47 PM
 #9

Hi,

I am interested by the french translation.
BitZY (OP)
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July 30, 2017, 08:13:07 PM
 #10

Sure,

Please send me the link when this is complete.


Thanks
BitZY (OP)
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July 30, 2017, 08:48:38 PM
 #11

As the majority of the raised funds will be used for project development we do not believe escrow will be helpful at this stage. Plenty of research has gone into our project so far and we strive to succeed in all aspects. We have this forum post to answer any queries or questions you may have on information supplied or not supplied.


Thanks
auroboros
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July 30, 2017, 08:56:33 PM
 #12

This project is look promising, but for this month has too many ICO is run, I hope this project will succesful
I wanna reserve for indonesian translation for ANN thread thanks
BitZY (OP)
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July 30, 2017, 09:00:31 PM
 #13

Our project is different than many ICO's that have been running this past month as we are not ethereum based.

In response to the translation

Please send me the link when this is complete.


Thanks
adarwis
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July 30, 2017, 09:02:39 PM
 #14

I want to reserve malay translation dev
bestcoins1
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July 30, 2017, 09:05:58 PM
 #15

Without escrow it's difficult to have investor confidence in your coin! Provide this, some people tried to do something like that and they became scam, you need more explanations to justify the existence and continuity of this project!

There is no escrow and there is a team I do not know how this project can be trusted
If the project is a success I would think that this is one way to earn easy money.

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BitZY (OP)
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July 30, 2017, 09:18:45 PM
 #16

Without escrow it's difficult to have investor confidence in your coin! Provide this, some people tried to do something like that and they became scam, you need more explanations to justify the existence and continuity of this project!

There is no escrow and there is a team I do not know how this project can be trusted
If the project is a success I would think that this is one way to earn easy money.


As previously mentioned the project funding will be used for development so we do not believe escrow will be helpful at this stage. We will be giving details to investors on regards to spending etc during the project to raise awareness of how the funds are being spent.
auroboros
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July 30, 2017, 09:28:30 PM
 #17

Our project is different than many ICO's that have been running this past month as we are not ethereum based.

In response to the translation

Please send me the link when this is complete.


Thanks

Indonesian thread is ready
here is the link : https://bitcointalk.org/index.php?topic=2055149.0
auroboros
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July 30, 2017, 09:29:52 PM
 #18

Our project is different than many ICO's that have been running this past month as we are not ethereum based.

In response to the translation

Please send me the link when this is complete.


Thanks

Indonesian thread is ready
here is the link : https://bitcointalk.org/index.php?topic=2055149.0

And how I cant joining the twitter campaign ?
BitZY (OP)
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July 30, 2017, 09:41:17 PM
 #19

Once tweeted please supply us with your twitter username and proof of the tweet.

Please use #bitzy


Thanks
auroboros
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July 30, 2017, 10:47:47 PM
 #20

Once tweeted please supply us with your twitter username and proof of the tweet.

Please use #bitzy


Thanks

Twitter username : Hamisyie Misyie
Tweet proof : https://twitter.com/alfi_ardhi/status/891792094922027009
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