[ANN][BitZY Decentralized Anonymous Crypto Currency]

[dondonk]

when social bounty will start sir ??

[BitZY]

The bounty campaign has already started. If you need any more information relating to it please ask. Thanks

[Tartiflette]

Sure,

Please send me the link when this is complete.


Thanks

https://bitcointalk.org/index.php?topic=2056548.0

[JohnUser]

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.

Yeap...

Let's take a look with pictures.

[JohnUser]

www.bitzy.net

CROWDSALE WILL START JULY 30TH 1PM

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

[BitZY]

Thanks for reposting with graphics!

[Mazt rhiezt]

Why do not you add facebook bounty and signature campaigns to be more effective to attract investors?

[BitZY]

We are currently working on increasing what we offer in regards to the bounty campaign and will be posting more ways to get involved.

Thanks

[bittraffic]

Why in the world would you name your decentralized Anon coin as BitZY? It sounds like the scam Ebitz to me. There are tons of anon coins already none of them were used besides monero.

[BitZY]

You cannot judge a project just on the name it was given there is a lot of hard work that has gone into the project and we have picked this name as it sounds catchy. We are in no way affiliated with EBitz.

[BitZY]

Here is our updated bounty campaign.

Thanks


https://bitcointalk.org/index.php?topic=2057083

[m_nief]

no logo design bounty may be?? i see no logo for bitzy.. i also want to translate this thread to indonesian. i wanna reserve it 

[BitZY]

Logo has already been created please scroll up to see. Please send link when translation complete and check out

https://bitcointalk.org/index.php?topic=2057083

For updated payments etc

[BitZY]

Our website is currently under going updates. We have all required information you need there but we are making it more user friendly.

Thanks

BitZY Team

[onnz423]

I like the idea, quite unique.
Any bounty for first pool, and if yes, can i reserve the spot? Also this was using equihash on PoW or Cryptonight??

[BitZY]

You are correct by saying that, We will be using Equihash as the POW you can see the information relating to the token on Bitzy.net

First Pool Bounty Program gets up to 0.7% of issued tokens

Each Bounty participant gets a share of one or more pools which will be defined at a later date

[beerlover]

Can you explain this two parts please?

Crowdfund Participation Address:
??17G25rCGnTvKhb3RwzdFh9ooycZUfbDtxo

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

What is this crowd fund participation address and what is the purpose of posting it ? Are you asking people to send you money on that address to crowd fund your project? What do you mean by 67.5% fundraising in Fund Allocation?

[maskapailop]

Our website is currently under going updates. We have all required information you need there but we are making it more user friendly.

Thanks

BitZY Team

we happy with updates
thanks information dev 

[ThunderCatSteve]

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

Oh really? You have done plenty of research on your project ? Can we have the information and credibility of the honorable researchers please ? And what do you mean by 'Majority of the raised fund will be used for project development ?'

What fund are you talking about ? The Initial Coin Release ? And majority of them will be for development ? Doesn't make sense to me.

[fachant]

Here is our updated bounty campaign.

Thanks


https://bitcointalk.org/index.php?topic=2057083

How we can join signature campaign? Where we can find signatures?
How we can join twitter campaign? How we know if we are accepted?
Do you have list of participants?
When will be made payment for campaigns? I mean when campaigns are starting and when will be released payment?