SigmaBay (OP)
Newbie
 Offline
Activity: 8
Merit: 0
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August 18, 2017, 09:34:52 PM
Last edit: August 19, 2017, 08:55:37 AM by SigmaBay |
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SigmaBay
where free can pay off
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Website | Twitter | WhitePaper | ICO | Slack SigmaBay is a free content sharing platform based on Steem's blockchain.
You can publish content for free and be rewarded, it is fully decentralized, with files stored in peer-to-peer network (torrent) and always accessible thanks to blockchain. Alternative to Illegal Downloading
The illegal downloading is part of the Internet DNA,
access to knowledge and culture for free and for everyone,
a way of thinking that omits content creators in the equation …
For the smallest creators this represents a non-negotiable loss of their income,
a war broke out between the Internet and content creators.
Looking back, this war was lost from the start.
On SigmaBay you can publish your content for free,
it will be accessible worldwide, users can then support you by voting for your content,
each vote generates revenue.
As a consumer, you now have access to an infinite amount of free downloadable content
without advertising easily as on your old websites.
But the advantage is that you can also support your favorite creators
by voting for their content freely.
And you can earn money too, just by posting useful comments or by voting new content.
Economic model
A download platform is only as valuable as content it has.
It is based on this observation that SigmaBay pays all its users to provide content,
comments or votes via its own currency SIGMA.
Each user can vote freely for the content or comment that he likes,
every day you will receive a percentage of sigma generated by inflation
according to the number of votes that your contents and comments have received.
For more info about this process read the WhitePaper.
Sigma
Sigma(SIGMA) is a cryptocurrency that allows you to buy Sigma Power(SIGP) and
thus increase the value of your votes on SigmaBay.
SIGMA can be bought or sold easily as any others cryptocurrency or exchanged for Sigma Dollars(SIGD).
You can earn some SIGMA for free when you Power Down your SIGP (explained later).
SIGMA doesn’t charge you any fee when you trade it and it takes only a couple of seconds to be traded,
that provides it an advantage against other cryptocurrencies.
To remunerate each participant, SIGMA suffers an inflation rate of 20 percent per year (reduced by 0.5% per year),
which induces a loss of 0.055% per day if you didn’t trade your SIGMA to SIGP.
https://i.imgur.com/gY2S579.png
Sigma Power
The amount of Sigma Power (SIGP) you own on your account determines the strength of your votes,
the principle is quite simple 1 SIGP = 1 vote.
SIGP can be compared to a share, you have the power to decide who will be put forward and
paid for its content but also put forward your own content.
The shareholder’s world is often perverted by the short-term vision of its shareholders,
to ensure that investors have a long-term vision beneficial for everyone,
your SIGP can be converted into SIGMA in 13 weeks via the Power Down,
once you start the Power Down you will receive 1/13 of the amount in SIGMA per week for 13 weeks.
SIGP is the coin that you will receive when you contribute to the content of SigmaBay,
each user can vote freely for the content or comment that he likes,
every day you will receive a percentage of SIGMA generated by inflation
according to the number of votes that your contents and comments have received.
75% of the generated SIGMA goes for creators,
up to 25% of this amount goes for curators,
curators are the people who will have discovered and voted for content in the first 30 minutes.
Holding SIGP give more weight to your votes and allows you to significantly influence the remuneration of the authors you like,
you can also highlight your own content by voting for yourself, there is a last advantage to owning SIGP,
15% of the inflation is redistributed according to your number of SIGP.
https://i.imgur.com/6RZuorc.png
Sigma Dolar
The volatility of cryptocurrencies is a real concern in the adoption of these as a means of payment,
price movements of 15 to 20% per day are not rare,
which is very constraining to fix a price to a thing.
Sigma Dollar(SIGD) aims to be worth about $ 1 and
allow authors to use this currency as a means of donation or even payment.
To maintain this objective, an interest rate may be allocated if the price of the SIGD goes below $ 1,
this interest rate is defined by the Witnesses.
The SIGD can be exchanged like any other cryptocurrencies or be converted to SIGMA
at the price defined by the Witnesses after a delay of 3.5 days.
You can also choose to receive half of your reward generated by your contents in SIGD.
https://i.imgur.com/r2n0Bvz.png
In short
SIGMA allows you to buy power (SIGP) on SigmaBay,
but must be quickly converted to avoid suffering the inflation.
SIGP allows you to contribute more to SigmaBay by strengthening your voice,
this allows you to avoid the inflation, you can only exchange all your SIGP for SIGMA after 13 weeks.
SIGD aims to provide a currency close as possible to the dollar,
usable to receive donations or sell things because its price will be stable over time.
https://i.imgur.com/hxkixJp.png
Freedom of Speech
Internet, our last area of freedom is constantly attacked
by content distribution platforms to take control of this huge market.
These platforms are almost all owned by private companies that have absolute right of
censorship, they can decide what is published, who will publish and at what price.
Are you willing to sacrifice your freedom of expression to private companies?
With SigmaBay your content no longer passes by third party,
no private company or government can control your freedom of speech,
only your customers will judge your content.
Free and Anonymous Register
Today the only way to create an account on Steem's blockchain for free is with Steemit,
but Steemit has decided to require the user’s phone number during registration,
in order to avoid massive creation of fake accounts.
For us, it violates the principle of anonymity of the Internet,
the cost of creating account is too high to consider developing any
new third party application directly on the Steem blockchain (~15$ per account),
so we decided to create a new blockchain based on Steem which will be called Sigma.
SigmaBay will pay for you registration fees, we will never ask you any personal information.
We are aware of the damage that creation of massive fake accounts can cause,
to prevent them from stealing the remuneration of other users,
several security systems are put in place.
We will never sacrifice your anonymity to achieve this goal.
You can also pay yourself the registration fee and thus be in no way related to SigmaBay.
Proof of Concept Initial Coin Offering 29 Aug 14:00(UTC) - 19 Sept
250,000,000 SIGMA will be distributed after the release of main network.
74% ICO participants, 10% SigmaBay non-profit funds (To ensure that the creation of accounts is free of charge), 10% Research & development and 6% Promotional campaign.
(Images will be posted when we have enough reputation)
If you invest during the first 24 hours +30%, +20% first week, +15% second week and +0% third week.
You can already create your account for the ICO and also for the promotional campaign.
sigmabay.me/ico
Promotional Campaign
We organize a writing contest, the best article will receive 200,000SIGMA, the second 100,000SIGMA and the third 50,000 SIGMA.
Bitcointalk signature campaign, Twitter bounty campaign and publishing article rewards(include steemit and translation thread) available on your ICO account.
Create account
Bounty thread
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Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
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Slkp
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August 18, 2017, 09:36:14 PM |
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i see only logo.where is info?
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biggernugs
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August 18, 2017, 09:36:35 PM |
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ummm, a bit more info please
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SigmaBay (OP)
Newbie
Offline
Activity: 8
Merit: 0
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August 18, 2017, 09:41:52 PM
Last edit: August 18, 2017, 11:33:36 PM by SigmaBay |
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Sorry we encountered a problem with the bbcode of the signatures we fix it  |
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Slkp
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August 18, 2017, 09:43:45 PM |
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premine?
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biggernugs
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August 18, 2017, 09:50:38 PM |
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Ok, the idea's there, but would like to see more technical specs. Haven't fully read the whitepaper yet so maybe it's in there. Still would be nice to see more than an idea/concept posted for now.
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SigmaBay (OP)
Newbie
Offline
Activity: 8
Merit: 0
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August 18, 2017, 10:04:09 PM |
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premine?
250,000,000 SIGMA will be distributed after the release of main network. 74% ICO participants, 10% SigmaBay non-profit funds (To ensure that the creation of accounts is free of charge), 10% Research & development and 6% Promotional campaign. |
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TeaEgg
Newbie
Offline
Activity: 73
Merit: 0
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August 19, 2017, 07:54:12 AM |
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Please let me know if there is any bounty for Chinese (I can do both traditional and simplified) or Vietnamese translation. TQ
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SigmaBay (OP)
Newbie
Offline
Activity: 8
Merit: 0
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August 19, 2017, 08:20:50 AM |
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Please let me know if there is any bounty for Chinese (I can do both traditional and simplified) or Vietnamese translation. TQ
You can simply register on https://sigmabay.me/ico and there add the link of your translation (separated by a comma) in the Article bounty campaign. Thank you for your help ! |
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l10no
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August 19, 2017, 08:40:53 AM |
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Actually i need more coin information with more specifics, about excange and more, but I see this project have a promising concept, free for various content? This is very interesting, I will wait for the announcement update of this project, I hope it does not disappoint
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SigmaBay (OP)
Newbie
Offline
Activity: 8
Merit: 0
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August 19, 2017, 08:56:52 AM |
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Actually i need more coin information with more specifics, about excange and more, but I see this project have a promising concept, free for various content? This is very interesting, I will wait for the announcement update of this project, I hope it does not disappoint
Thank you for your interest in SigmaBay! We have added information. |
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Cranidos
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August 21, 2017, 05:08:18 PM |
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SigmaBay
where free can pay off
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Website | Twitter | WhitePaper | ICO | Slack SigmaBay is a free content sharing platform based on Steem's blockchain.
You can publish content for free and be rewarded, it is fully decentralized, with files stored in peer-to-peer network (torrent) and always accessible thanks to blockchain. Alternative to Illegal Downloading
The illegal downloading is part of the Internet DNA,
access to knowledge and culture for free and for everyone,
a way of thinking that omits content creators in the equation …
For the smallest creators this represents a non-negotiable loss of their income,
a war broke out between the Internet and content creators.
Looking back, this war was lost from the start.
On SigmaBay you can publish your content for free,
it will be accessible worldwide, users can then support you by voting for your content,
each vote generates revenue.
As a consumer, you now have access to an infinite amount of free downloadable content
without advertising easily as on your old websites.
But the advantage is that you can also support your favorite creators
by voting for their content freely.
And you can earn money too, just by posting useful comments or by voting new content.
Economic model
A download platform is only as valuable as content it has.
It is based on this observation that SigmaBay pays all its users to provide content,
comments or votes via its own currency SIGMA.
Each user can vote freely for the content or comment that he likes,
every day you will receive a percentage of sigma generated by inflation
according to the number of votes that your contents and comments have received.
For more info about this process read the WhitePaper.
Sigma
Sigma(SIGMA) is a cryptocurrency that allows you to buy Sigma Power(SIGP) and
thus increase the value of your votes on SigmaBay.
SIGMA can be bought or sold easily as any others cryptocurrency or exchanged for Sigma Dollars(SIGD).
You can earn some SIGMA for free when you Power Down your SIGP (explained later).
SIGMA doesn’t charge you any fee when you trade it and it takes only a couple of seconds to be traded,
that provides it an advantage against other cryptocurrencies.
To remunerate each participant, SIGMA suffers an inflation rate of 20 percent per year (reduced by 0.5% per year),
which induces a loss of 0.055% per day if you didn’t trade your SIGMA to SIGP.
Sigma Power
The amount of Sigma Power (SIGP) you own on your account determines the strength of your votes,
the principle is quite simple 1 SIGP = 1 vote.
SIGP can be compared to a share, you have the power to decide who will be put forward and
paid for its content but also put forward your own content.
The shareholder’s world is often perverted by the short-term vision of its shareholders,
to ensure that investors have a long-term vision beneficial for everyone,
your SIGP can be converted into SIGMA in 13 weeks via the Power Down,
once you start the Power Down you will receive 1/13 of the amount in SIGMA per week for 13 weeks.
SIGP is the coin that you will receive when you contribute to the content of SigmaBay,
each user can vote freely for the content or comment that he likes,
every day you will receive a percentage of SIGMA generated by inflation
according to the number of votes that your contents and comments have received.
75% of the generated SIGMA goes for creators,
up to 25% of this amount goes for curators,
curators are the people who will have discovered and voted for content in the first 30 minutes.
Holding SIGP give more weight to your votes and allows you to significantly influence the remuneration of the authors you like,
you can also highlight your own content by voting for yourself, there is a last advantage to owning SIGP,
15% of the inflation is redistributed according to your number of SIGP.
Sigma Dolar
The volatility of cryptocurrencies is a real concern in the adoption of these as a means of payment,
price movements of 15 to 20% per day are not rare,
which is very constraining to fix a price to a thing.
Sigma Dollar(SIGD) aims to be worth about $ 1 and
allow authors to use this currency as a means of donation or even payment.
To maintain this objective, an interest rate may be allocated if the price of the SIGD goes below $ 1,
this interest rate is defined by the Witnesses.
The SIGD can be exchanged like any other cryptocurrencies or be converted to SIGMA
at the price defined by the Witnesses after a delay of 3.5 days.
You can also choose to receive half of your reward generated by your contents in SIGD.
In short
SIGMA allows you to buy power (SIGP) on SigmaBay,
but must be quickly converted to avoid suffering the inflation.
SIGP allows you to contribute more to SigmaBay by strengthening your voice,
this allows you to avoid the inflation, you can only exchange all your SIGP for SIGMA after 13 weeks.
SIGD aims to provide a currency close as possible to the dollar,
usable to receive donations or sell things because its price will be stable over time.
Freedom of Speech
Internet, our last area of freedom is constantly attacked
by content distribution platforms to take control of this huge market.
These platforms are almost all owned by private companies that have absolute right of
censorship, they can decide what is published, who will publish and at what price.
Are you willing to sacrifice your freedom of expression to private companies?
With SigmaBay your content no longer passes by third party,
no private company or government can control your freedom of speech,
only your customers will judge your content.
Free and Anonymous Register
Today the only way to create an account on Steem's blockchain for free is with Steemit,
but Steemit has decided to require the user’s phone number during registration,
in order to avoid massive creation of fake accounts.
For us, it violates the principle of anonymity of the Internet,
the cost of creating account is too high to consider developing any
new third party application directly on the Steem blockchain (~15$ per account),
so we decided to create a new blockchain based on Steem which will be called Sigma.
SigmaBay will pay for you registration fees, we will never ask you any personal information.
We are aware of the damage that creation of massive fake accounts can cause,
to prevent them from stealing the remuneration of other users,
several security systems are put in place.
We will never sacrifice your anonymity to achieve this goal.
You can also pay yourself the registration fee and thus be in no way related to SigmaBay.
Proof of Concept Initial Coin Offering 29 Aug 14:00(UTC) - 19 Sept
250,000,000 SIGMA will be distributed after the release of main network.
74% ICO participants, 10% SigmaBay non-profit funds (To ensure that the creation of accounts is free of charge), 10% Research & development and 6% Promotional campaign.
(Images will be posted when we have enough reputation)
If you invest during the first 24 hours +30%, +20% first week, +15% second week and +0% third week.
You can already create your account for the ICO and also for the promotional campaign.
sigmabay.me/ico
Promotional Campaign
We organize a writing contest, the best article will receive 200,000SIGMA, the second 100,000SIGMA and the third 50,000 SIGMA.
Bitcointalk signature campaign, Twitter bounty campaign and publishing article rewards(include steemit and translation thread) available on your ICO account.
Create account
Bounty thread
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