Closed

[goodsmash]

Due to Blockmason's inability to moderate discussion on this thread we will no longer be posting or responding here.  Customers and others interested in Blockmason and the Credit Protocol are welcome to communicate with us through other means listed below:

Blockmason | Credit Protocol | Telegram | Reddit | Medium | Twitter | Github

 

[1715620303]

1715620303

[dimox]

Reserved Indonesian Translator if needed

[BlockMason]

We will create a bounty thread in the coming days.  Thanks!

[jhon conor]

Please tell me how to join airdrop, i see 5% allocation token to airdrop

[BlockMason]

Please tell me how to join airdrop, i see 5% allocation token to airdrop

The airdrop will be available to all Ethereum hodlers with balances of greater than 0.1 ETH.  We will do this after the ICO.

[Nggedebus]

We will create a bounty thread in the coming days.  Thanks!

This one is what we've been waiting for, joining together to help promoting the project in many ways we could.
Good luck dev.

[ranggenga]

Please tell me how to join airdrop, i see 5% allocation token to airdrop

The airdrop will be available to all Ethereum hodlers with balances of greater than 0.1 ETH.  We will do this after the ICO.

Interesting news to have, that it will be an airdrop campaign at the end of the ICO.
Looking forward for it.

[BudaCoin]

Will the Airdrop be similar to what OmiseGo did?

[fcmatt]

i see there is written an airdrop, can you explain what will be the rules for the airdrop ?

[5to9]

Really like this project. Been keeping an eye on it. Good luck!

[tomboi]

I'm also waiting for the required info regarding the Airdrop campaign.
It's been a while that i don't get any airdrop event.

[CaVO32]

it is absolutely Amazing how each and every Ann thread posted ;the amount of bounty beggars and airdrop hounds completely cover the first pages of the ANN even without knowing anything about the project

[toyrocket]

Looks promising! Would love to see more dapps on the platform soon!

[rafzalan]

I would closely follow this project.
Good idea.

[boyprodn]

Reserved translation to Vietnamese if need sir.

[BlockMason]

Will the Airdrop be similar to what OmiseGo did?

Yes, that's our current plan.

[ioanbtc]

As i read here will be airdrop only for users who have at least 0.1 ETH balance. How much will get users who have 0.1 ETH balance?

[BudaCoin]

Will the Airdrop be similar to what OmiseGo did?

Yes, that's our current plan.

Thanks!

[Maxre]

A good project after I read it will be a great success in the future.
I want to ask when ico in start ??

[BlockMason]

As i read here will be airdrop only for users who have at least 0.1 ETH balance. How much will get users who have 0.1 ETH balance?

We are still planning the exact execution of the airdrop and discussing plans on how to get wider participation rather than simply airdropping to whales.  Stay tuned and subscribe to our email list for the latest updates!

[BudaCoin]

A good project after I read it will be a great success in the future.
I want to ask when ico in start ??

I read on their website around October 1st

[BlockMason]

A good project after I read it will be a great success in the future.
I want to ask when ico in start ??

I read on their website around October 1st

Yeah that's correct.

[BudaCoin]

As i read here will be airdrop only for users who have at least 0.1 ETH balance. How much will get users who have 0.1 ETH balance?

We are still planning the exact execution of the airdrop and discussing plans on how to get wider participation rather than simply airdropping to whales.  Stay tuned and subscribe to our email list for the latest updates!

Will you choose a specific block to start from, like Omisego?

[BlockMason]

Will you choose a specific block to start from, like Omisego?

This is still under consideration, we feel like Omisego will disproportionately award whales.  Our primary goal is to get CPT into the hands of developers and users of apps built on our protocol. 

[Alex_He]

Interesting project. Wait for further update on its progress.

[ioanbtc]

As i read here will be airdrop only for users who have at least 0.1 ETH balance. How much will get users who have 0.1 ETH balance?

We are still planning the exact execution of the airdrop and discussing plans on how to get wider participation rather than simply airdropping to whales.  Stay tuned and subscribe to our email list for the latest updates!

Thanks for information dev. I will keep watching these thread to be updated with last news.

[BudaCoin]

Will there be a pre-sale?

[arttycab]

So you're saying this ICO will be open to all Americans?  And legally?  Kind of doubt that.....

[BlockMason]

Will there be a pre-sale?

There will be a pre-sale in which buyers of CPT will receive a 50% bonus on the amount of tokens they purchase.

[boller]

Has this project opening some bounty campaign?
When will it start if there is any bounty available?

[BlockMason]

So you're saying this ICO will be open to all Americans?  And legally?  Kind of doubt that.....

I recommend you take a look at our legal opinion here:
https://blockmason.io/Ethereum_Opinion_2017-08-14.pdf

You might also be interested in our medium article about Investment Tokens vs. Product-Use Tokens in ICOs
https://medium.com/@BlockMason/three-weeks-ago-the-ethereum-community-was-rocked-by-an-unexpected-report-the-sec-had-finally-90814e8ca4d

If you have any more questions let me us know!

[BlockMason]

Has this project opening some bounty campaign?
When will it start if there is any bounty available?

We are currently preparing a bounty campaign, please subscribe to our email list for the latest updates on that.

[arttycab]

So you're saying this ICO will be open to all Americans?  And legally?  Kind of doubt that.....

I recommend you take a look at our legal opinion here:
https://blockmason.io/Ethereum_Opinion_2017-08-14.pdf

You might also be interested in our medium article about Investment Tokens vs. Product-Use Tokens in ICOs
https://medium.com/@BlockMason/three-weeks-ago-the-ethereum-community-was-rocked-by-an-unexpected-report-the-sec-had-finally-90814e8ca4d

If you have any more questions let me us know!

As far as I understand it the legal opinion is relying on the hope that the third prong of the Howey test means profits are derived "solely" from the actions of your company.

[BlockMason]

As far as I understand it the legal opinion is relying on the hope that the third prong of the Howey test means profits are derived "solely" from the actions of your company.

We've had this discussion elsewhere with someone claiming something along similar lines, so let me just paste that reply here:

Your understanding is correct but incomplete.

You correctly note that the Supreme Court has not yet fully ruled as to vertical vs. horizontal commonality, and that creates uncertainty as to Howey's 2nd prong (common enterprise).

However, Howey, as has been made abundantly clear since the original decision, is an AND test, not an OR test. And Blockmason's ICO clearly does not trigger the 3rd prong, the expectation of profits. Quoting from the legal opinion:

"As to the third prong of Howey, the expectations of profitability and advantage on the part of CP token purchasers in BlockMason’s ICO is a function of the token holders’ own decisions and efforts about how to use and develop the rights they are purchasing, as summarized in detail above. Any possibility of profiting from the future entrepreneurial and managerial efforts of BlockMason – as opposed to their past and proven efforts to develop products and services – is entirely speculative. The BlockMason IPO satisfies each and every formulation of Howey’s third prong, by any of the courts identified above. Far from expectations of profits flowing solely, or predominantly, from the efforts of the promoters, those expectations flow overwhelmingly from the decisions and efforts of the token purchasers."

[spencer5]

Excited for this one, I think I was one of the first couple dozen people on the whitelist when I stumbled upon it.  The fact that investment advisors could potentially pitch this to their clients with SEC protections is huge, and finally an ICO that allows US investors.  Good luck with the project!

[TSC]

I am really excited about this one. Think it's interesting how the amount of debt and credit stored on your credit protocol can exceed the market cap of all crypto currencies combined.

[adarwis]

maybe if this project is going well, I will joining the ICO but for now I will bookmarked this project first, just looking for a further progress of this project , I hope it will be better project

[BlockMason]

maybe if this project is going well, I will joining the ICO but for now I will bookmarked this project first, just looking for a further progress of this project , I hope it will be better project

Thanks for your interest!  I hope you will try the beta of Friend in Debt http://fiddy.io/ and let us know what you think of it! 

[rafzalan]

maybe if this project is going well, I will joining the ICO but for now I will bookmarked this project first, just looking for a further progress of this project , I hope it will be better project

Thanks for your interest!  I hope you will try the beta of Friend in Debt http://fiddy.io/ and let us know what you think of it! 

For me "http://fiddy.io/" response with a "Can't connect to Metamask. Check Metamask or internet connection" error, refresh do not help.

[TSC]

How do the tokens work?

[BlockMason]

maybe if this project is going well, I will joining the ICO but for now I will bookmarked this project first, just looking for a further progress of this project , I hope it will be better project

Thanks for your interest!  I hope you will try the beta of Friend in Debt http://fiddy.io/ and let us know what you think of it! 

For me "http://fiddy.io/" response with a "Can't connect to Metamask. Check Metamask or internet connection" error, refresh do not help.

Do you have metamask installed?  You must be using Chrome, Metamask and be on the Ropsten testnet.  Do you have Ropsten testnet ETH?  I can send you a small amount if you give me your address.

[TSC]

I saw there's a token staking pool. Does that mean your apps like Friend in Debt and GiftChain will be free to use?

[TSC]

When will Friend in Debt be released?

[BlockMason]

Industry Giant Richard Kastelein Joins BlockMason as ICO Advisor



BlockMason is excited to announce the addition of Blockchain entrepreneur, publisher, and industry giant Richard Kastelein as an advisor to the upcoming Credit Protocol ICO. Kastelein is best known as the founder and publisher of Blockchain News, a leading source of breaking news and feature articles about the Blockchain community. Kastelein is an award-winning journalist and publisher, whose vital work includes over 1200 articles on Blockchain technology and startups, including a groundbreaking feature on ICO innovation published in the Harvard Business Review, opening up the sector to a broader audience.

If Kastelein’s astounding reputation precedes him, it is because he has spent life traveling the world and establishing a global reputation as a technology expert. When he’s not penning articles for Wired, The Guardian, Venturebeat, or Virgin.com, Kastelein has dabbled in boatbuilding and skippering yachts across our earth’s violent seas—proving that he is a skilled and ambitious adventurer in both the physical and technological realms.

As an advisor for half a dozen Blockchain startups, a partner at the ICO incubator CryptoAsset Design Group, and the ICO event organizer for the Crypto-financing conference in London, Kastelein has earned his renown as one of the world’s leading experts on Blockchain token sales. BlockMason is proud to bring Kastelein’s expertise to our team, where he will continue the amazing work of our developers and corporate officers to deliver the best possible ICO for our innovative Credit Protocol.

[BlockMason]

When will Friend in Debt be released?

We have a working beta version at http://fiddy.io you need to have Chrome, metamask and be on the ropsten testnet with some testnet ETH.  Try it out!  We have a mobile app version in progress right now and will update everyone when that is available!

[TSC]

Where can I read the CP code?

[BudaCoin]

Do I need to buy Credit Protocol tokens to use Friend in Debt?

[BlockMason]

Where can I read the CP code?

Most of our code is open source and located here: https://github.com/blockmason

[Urban Crypto]

Are you opening a Pre-ICO?  What are the terms?  How do I get involved?  Thanks

[BlockMason]

Are you opening a Pre-ICO?  What are the terms?  How do I get involved?  Thanks

We are planning a Pre-Token Sale around October 1st.  If you want to guarantee your slot, sign up for our whitelist at https://blockmason.io/projects/ico and join our mailing list!  Also you're welcome to join our telegram chat at https://t.me/blockmason

[BlockMason]

Do I need to buy Credit Protocol tokens to use Friend in Debt?

No, BlockMason will be offering free transactions on Friend in Debt through the staking of our own Credit Protocol Tokens.  Currently you can use Friend in Debt free on the Ropsten testnet.  You need to have Google Chrome, Metamask and some Ropsten testnet ETH.  Try it out at http://fiddy.io

[BlockMason]

BlockMason Announces Second Application Ahead of Token Sale

Blockchain application developers BlockMason, who are launching one of this season’s most highly anticipated ICOs, have just announced their second application built using their innovative Credit Protocol. Called GiftChain, their new application will allow retailers and vendors of any size to easily issue gift cards and implement customer loyalty rewards programs secured by the blockchain. GiftChain will be accessible from any smartphone, making it possible for small businesses to easily track purchases and distribute rewards as would any large company. The application will support all major fiat currencies, multiple cryptocurrencies, and even arbitrary currencies designed by the issuer (e.g. a single meal at a restaurant or a voucher for a one hour massage).

This offering comes in addition to BlockMason’s first fully-functional application built atop the Credit Protocol, Friend in Debt—or, as they refer to it, “like Venmo on the Blockchain, but better!” BlockMason has already distinguished itself from other blockchain startups by offering a working product prior to their ICO. While GiftChain may not be free for public testing until after the commencement of their token offering, the announcement further demonstrates BlockMason’s commitment to product development and customer support. Additionally, the release of GiftChain proves the flexibility and viability of their Credit Protocol, which has been generating buzz for being the first SEC-compliant ICO open to the general American public after the SEC’s report on the Dao. The Credit Protocol is a simple system for recording debts and credits on the blockchain, which can be customized for a variety of organizational, business, or individual purposes through smart contracts programmed atop the protocol. In their Whitepaper, BlockMason has announced their intent to launch a bounty program for the development of template Credit Protocol smart contracts. Suggested contracts include campus meal voucher systems, consumer loans, and microfinancing.

While Giftchain is still in development, BlockMason has reportedly discussed testing an upcoming beta version with several Chinese retailers. According to BlockMason co-founder Jared Bowie, a finished GiftChain smart contract will likely be available in the next month, with a functional front-end available for public use after the ICO.

For more information on the token sale, visit https://blockmason.io/projects/ico/. To read the Credit Protocol whitepaper, visit http://blockmason.io/cp-whitepaper/.

[rafzalan]

BlockMason Announces Second Application Ahead of Token Sale

Blockchain application developers BlockMason, who are launching one of this season’s most highly anticipated ICOs, have just announced their second application built using their innovative Credit Protocol. Called GiftChain, their new application will allow retailers and vendors of any size to easily issue gift cards and implement customer loyalty rewards programs secured by the blockchain. GiftChain will be accessible from any smartphone, making it possible for small businesses to easily track purchases and distribute rewards as would any large company. The application will support all major fiat currencies, multiple cryptocurrencies, and even arbitrary currencies designed by the issuer (e.g. a single meal at a restaurant or a voucher for a one hour massage).

This offering comes in addition to BlockMason’s first fully-functional application built atop the Credit Protocol, Friend in Debt—or, as they refer to it, “like Venmo on the Blockchain, but better!” BlockMason has already distinguished itself from other blockchain startups by offering a working product prior to their ICO. While GiftChain may not be free for public testing until after the commencement of their token offering, the announcement further demonstrates BlockMason’s commitment to product development and customer support. Additionally, the release of GiftChain proves the flexibility and viability of their Credit Protocol, which has been generating buzz for being the first SEC-compliant ICO open to the general American public after the SEC’s report on the Dao. The Credit Protocol is a simple system for recording debts and credits on the blockchain, which can be customized for a variety of organizational, business, or individual purposes through smart contracts programmed atop the protocol. In their Whitepaper, BlockMason has announced their intent to launch a bounty program for the development of template Credit Protocol smart contracts. Suggested contracts include campus meal voucher systems, consumer loans, and microfinancing.

While Giftchain is still in development, BlockMason has reportedly discussed testing an upcoming beta version with several Chinese retailers. According to BlockMason co-founder Jared Bowie, a finished GiftChain smart contract will likely be available in the next month, with a functional front-end available for public use after the ICO.

For more information on the token sale, visit https://blockmason.io/projects/ico/. To read the Credit Protocol whitepaper, visit http://blockmason.io/cp-whitepaper/.

That is amazing

[jorrit]

Looking forward to the airdrop!

This is a great projet. Good luck guys

[arttycab]

As far as I understand it the legal opinion is relying on the hope that the third prong of the Howey test means profits are derived "solely" from the actions of your company.

We've had this discussion elsewhere with someone claiming something along similar lines, so let me just paste that reply here:

Your understanding is correct but incomplete.

You correctly note that the Supreme Court has not yet fully ruled as to vertical vs. horizontal commonality, and that creates uncertainty as to Howey's 2nd prong (common enterprise).

However, Howey, as has been made abundantly clear since the original decision, is an AND test, not an OR test. And Blockmason's ICO clearly does not trigger the 3rd prong, the expectation of profits. Quoting from the legal opinion:

"As to the third prong of Howey, the expectations of profitability and advantage on the part of CP token purchasers in BlockMason’s ICO is a function of the token holders’ own decisions and efforts about how to use and develop the rights they are purchasing, as summarized in detail above. Any possibility of profiting from the future entrepreneurial and managerial efforts of BlockMason – as opposed to their past and proven efforts to develop products and services – is entirely speculative. The BlockMason IPO satisfies each and every formulation of Howey’s third prong, by any of the courts identified above. Far from expectations of profits flowing solely, or predominantly, from the efforts of the promoters, those expectations flow overwhelmingly from the decisions and efforts of the token purchasers."

OK, I appreciate you taking the time to reply.  It seems like you guys know what you're doing.  Good luck!

[BlockMason]

Michael and I will be attending the Ethereum meetup in Tokyo today.  If anyone would like to meet us we'd be happy to connect at the meetup.

[arttycab]

Michael and I will be attending the Ethereum meetup in Tokyo today.  If anyone would like to meet us we'd be happy to connect at the meetup.

Wow, I wish I could be in Tokyo to discuss the legal opinion more in depth with you guys.

[btcbelieber]

This is an interesting project, I’ll be following along

[btcbelieber]

How can I use that dapp?  It’s not working.

[BlockMason]

How can I use that dapp?  It’s not working.

Visit http://fiddy.io and make sure you are using chrome and metamask.  Metamask must be set to the ropsten testnet and you need a bit of ropsten ETH also.  If you need more help please let me know.

[jiangsuren]

Please tell me how to join airdrop, i see 5% allocation token to airdrop

The airdrop will be available to all Ethereum hodlers with balances of greater than 0.1 ETH.  We will do this after the ICO.

but the exchange's wallet have a big amount ETHs   will the airdrop distrubte to exchange 's wallet ? that would be huge.

[btcbelieber]

How can I use that dapp?  It’s not working.

Visit http://fiddy.io and make sure you are using chrome and metamask.  Metamask must be set to the ropsten testnet and you need a bit of ropsten ETH also.  If you need more help please let me know.

It works!  Interesting idea.

[BudaCoin]

Can you buy giftcards in the GiftChain DApp? Or do you need to buy in person

[BlockMason]

Can you buy giftcards in the GiftChain DApp? Or do you need to buy in person

It would depend on how the company selling the giftcards wants to do things, but in most cases that feature will be available.  To buy giftcards with ETH (and more cryptocurrencies in the future).

[diskodasa]

Nice project. dont see anything say about airdrop. I just need some to test this platform before buy some token.

[EuroLine]

I do not understand one thing. I can just not return my loan. In my country crypto is not money so I won't make something illegal if I take a loan and don't pay it back. How you handle this?

[rafzalan]

I do not understand one thing. I can just not return my loan. In my country crypto is not money so I won't make something illegal if I take a loan and don't pay it back. How you handle this?

Dose all the story about only credit cryptos? I thought it could write any type of credits.  

[rafzalan]

I do not understand one thing. I can just not return my loan. In my country crypto is not money so I won't make something illegal if I take a loan and don't pay it back. How you handle this?

Yes you can, but at least this act would be a negative reputation for you. One could share this information on communities and after that it will be harder for you to borrow something. No-one could clear this information, because cp writes them on block-chain.
am I write @BlockMason?

[EuroLine]

I do not understand one thing. I can just not return my loan. In my country crypto is not money so I won't make something illegal if I take a loan and don't pay it back. How you handle this?

Yes you can, but at least this act would be a negative reputation for you. One could share this information on communities and after that it will be harder for you to borrow something. No-one could clear this information, because cp writes them on block-chain.
am I write @BlockMason?

Well, I can create new account, or prepare a lot addresses and info for doing this. Concept is good but still where is big problem in crypto - no one will return money if something wrong happens. I think only in Japan it will be safe to use.

[rafzalan]

I do not understand one thing. I can just not return my loan. In my country crypto is not money so I won't make something illegal if I take a loan and don't pay it back. How you handle this?

Yes you can, but at least this act would be a negative reputation for you. One could share this information on communities and after that it will be harder for you to borrow something. No-one could clear this information, because cp writes them on block-chain.
am I write @BlockMason?

Well, I can create new account, or prepare a lot addresses and info for doing this. Concept is good but still where is big problem in crypto - no one will return money if something wrong happens. I think only in Japan it will be safe to use.

Think about companies, also it is not simple for every one to deny his past, and clear his face book, family relations, twitter , ....
There are many lending platforms that are working without the help of this type of credit keeper. Normally CP could lower risk & cost.

[babycicak]

Can you please tell us more about the airdrop, thanks!

[babycicak]

As i read here will be airdrop only for users who have at least 0.1 ETH balance. How much will get users who have 0.1 ETH balance?

We are still planning the exact execution of the airdrop and discussing plans on how to get wider participation rather than simply airdropping to whales.  Stay tuned and subscribe to our email list for the latest updates!

Can you tell me how you will do the airdrop?

[BlockMason]

I do not understand one thing. I can just not return my loan. In my country crypto is not money so I won't make something illegal if I take a loan and don't pay it back. How you handle this?

So what would happen if for instance a bank that gives out loans, used our protocol and put that loan you took out from them on top of their own app on top of the credit protocol?  You would go to the bank as normal sign contracts etc and be held legally liable for that loan. 

We aren't specifically focusing on these kinds of loans, but it is possible for someone to build such a system of lending on top of the credit protocol. 

We're a lot more interested in providing the average joe with the ability to lend money.  If you take a look at two of our example applications Friend in Debt and Gift Chain you'll get a better idea.  So then you might be wondering what happens if your friend lends you money via Friend in Debt and you don't give it back?  Well what happens now if you don't pay your friend back without using the app? 

[BlockMason]

I do not understand one thing. I can just not return my loan. In my country crypto is not money so I won't make something illegal if I take a loan and don't pay it back. How you handle this?

Dose all the story about only credit cryptos? I thought it could write any type of credits.  

This is correct.  The blockchain is used for storing information about the loan or credit.  We also will use it for settlement of loans via payment of crypto.  But that settlement could happen in any number of ways.  It could be in person with cash or it could be through a bank wire or it could be with crypto.  It's up to you and the way the app built atop the credit protocol regulates things.

[Dart18]

Good luck to BlockMason.
Read about your project and it looks interesting. Looking forward to helping this one when the time comes.
Regarding the airdrop. Why do we need a balance to receive it? I am sorry for I am a little new when it comes to the ETH currency.
Thanks for those who will answer.

[BlockMason]

I do not understand one thing. I can just not return my loan. In my country crypto is not money so I won't make something illegal if I take a loan and don't pay it back. How you handle this?

Yes you can, but at least this act would be a negative reputation for you. One could share this information on communities and after that it will be harder for you to borrow something. No-one could clear this information, because cp writes them on block-chain.
am I write @BlockMason?

Yes exactly.  Your reputation with regards to loans will be stored forever on the blockchain.  So Friend in Debt will indicate information about you for instance.  Maybe other friends won't want to lend to you if you never pay back the loans.  Maybe other friends won't pay for dinner if you never buy anyone else dinner etc.

[BlockMason]

Good luck to BlockMason.
Read about your project and it looks interesting. Looking forward to helping this one when the time comes.
Regarding the airdrop. Why do we need a balance to receive it? I am sorry for I am a little new when it comes to the ETH currency.
Thanks for those who will answer.

Hi Dart

We've been talking about doing the airdrop differently.  It will more likely be done to help user's of the credit protocol and our dapps have easier access.  We also want to encourage more developers to build things on top of the credit protocol and them having tokens is critical for that.  If you have suggestions on the best way to do the airdrop we'd like to hear from you.

[BlockMason]

I do not understand one thing. I can just not return my loan. In my country crypto is not money so I won't make something illegal if I take a loan and don't pay it back. How you handle this?

Yes you can, but at least this act would be a negative reputation for you. One could share this information on communities and after that it will be harder for you to borrow something. No-one could clear this information, because cp writes them on block-chain.
am I write @BlockMason?

Well, I can create new account, or prepare a lot addresses and info for doing this. Concept is good but still where is big problem in crypto - no one will return money if something wrong happens. I think only in Japan it will be safe to use.

OK, but maybe someone will only lend to you if you have a positive reputation right?  Maybe you need some sort of identity verified with the addresses you use in order to receive a loan.  There are lots of ways to fix that issue and I don't think it's too difficult.

[krayzie32]

I do not understand one thing. I can just not return my loan. In my country crypto is not money so I won't make something illegal if I take a loan and don't pay it back. How you handle this?

Yes you can, but at least this act would be a negative reputation for you. One could share this information on communities and after that it will be harder for you to borrow something. No-one could clear this information, because cp writes them on block-chain.
am I write @BlockMason?

Well, I can create new account, or prepare a lot addresses and info for doing this. Concept is good but still where is big problem in crypto - no one will return money if something wrong happens. I think only in Japan it will be safe to use.

OK, but maybe someone will only lend to you if you have a positive reputation right?  Maybe you need some sort of identity verified with the addresses you use in order to receive a loan.  There are lots of ways to fix that issue and I don't think it's too difficult.

If we have only trust platform to lending money. And need verify before receive a loan. Everything become ez. Scam people will have a negative trust on system and can't receive money anymore, anywhere. their face maybe will share for the whole world

[Cryptotina]

Interesting project and looking forward to the airdrop

[Sy]

Can you please tell us more about the airdrop, thanks!

Last time i checked they said they will do an air-drop after the ICO for the project ends. They will send airdrops to all users who have more than .1 ETH on their address.

[aguywholikesmoms]

I do not understand one thing. I can just not return my loan. In my country crypto is not money so I won't make something illegal if I take a loan and don't pay it back. How you handle this?

Yes you can, but at least this act would be a negative reputation for you. One could share this information on communities and after that it will be harder for you to borrow something. No-one could clear this information, because cp writes them on block-chain.
am I write @BlockMason?

Well, I can create new account, or prepare a lot addresses and info for doing this. Concept is good but still where is big problem in crypto - no one will return money if something wrong happens. I think only in Japan it will be safe to use.

OK, but maybe someone will only lend to you if you have a positive reputation right?  Maybe you need some sort of identity verified with the addresses you use in order to receive a loan.  There are lots of ways to fix that issue and I don't think it's too difficult.

Yes, I think you are saying that a lender can decide what information they use--they might only consider loans to addresses/identities with long track records. 

[Cutekittens21]

Ok, but maybe someone will only lend to you if you have a positive reputation right?  Maybe you need some sort of identity verified with the addresses you use in order to receive a loan. There are lots of ways to fix that issue and I don't think it's too difficult.

[timblockmason]

Project looks good! When does the ICO start? I'll join the airdrop

Should start around the beginning of October, but the date isn't set yet, since we need to see what happens with the Metropolis hardfork, and make sure Eth is stable.

Join our Telegram chat if you want to be up to date on that:
https://t.me/blockmason

And also sign up for our whitelist if you want to guarantee being able to buy tokens when the TCE begins:
https://blockmason.io/projects/ico/

[BudaCoin]

Can you buy giftcards in the GiftChain DApp? Or do you need to buy in person

It would depend on how the company selling the giftcards wants to do things, but in most cases that feature will be available.  To buy giftcards with ETH (and more cryptocurrencies in the future).

Thanks!

[MoneyJ]

Even though this project has just launched to cater for an ICO it has already prepared two DApps that can drive the business ecosystem of Credit Protocol . No more waiting game for its initial sidechain and of course business will start immediately .

[timblockmason]

Even though this project has just launched to cater for an ICO it has already prepared two DApps that can drive the business ecosystem of Credit Protocol . No more waiting game for its initial sidechain and of course business will start immediately .

Yeah, you've got the idea exactly. I was really sick of waiting around for dapps to get made, and just seeing concepts. So I really try to have our team focus on proving concept by making programs, and this is really just the start of that.

[greenhorizon219]

once the apps (both FiD and Gift) are functional, what's the marketing plan to get more users to sign up? also if it catches steam, what's going to stop venmo/paypal from doing something similar?

[BlockMason]

once the apps (both FiD and Gift) are functional, what's the marketing plan to get more users to sign up? also if it catches steam, what's going to stop venmo/paypal from doing something similar?

We have a marketing budget set aside and our team has vast experience promoting apps and getting installs on people's devices.  BlockMason will also be providing transaction capacity meaning that at least initially there will be no barrier for people using the credit protocol underlying the dapp. 

We believe CP and FiD are patentable inventions. We won't know for sure until the patent office rules on our application, but we think Venmo and PayPal are going to have to ultimately pay us royalties if they want to do what we are doing on the block chain.

[kursigoyang]

my way to get the airdrop already provided by this project dev because i have read from the ico project announcement of the successfull project

[BlockMason]

[arttycab]

https://i.imgur.com/6o9eiEw.jpg

Cool drawing!

[timblockmason]

https://i.imgur.com/6o9eiEw.jpg

Cool drawing!

Yeah, my next plan is to have our artists make large oil paintings of the whole team. But also comics, I guess...

[babycicak]

Who makes the comics on the BlockMason website?

[Motivation]

lol, yeah maybe i will be like that in 20 years too

[bombardir]

Wow, you guys have like 200 active users in your telegram, but bitcointalk is ignoring this post?  wtf…. This is an amazing project that i’m definitely going buy into.  Working app check.  Legal opinion check.  Whitelist so whales don’t buy everything check.  Small cap for big returns check.

[thok422]

Wow, you guys have like 200 active users in your telegram, but bitcointalk is ignoring this post?  wtf…. This is an amazing project that i’m definitely going buy into.  Working app check.  Legal opinion check.  Whitelist so whales don’t buy everything check.  Small cap for big returns check.

yeah i’m in that chat and some guy just came in today and said he wanted to buy 220 ETH …..  surprised no one here is excited you’re the first one i saw.

[BlockMason]

Who makes the comics on the BlockMason website?

One of the guys on our team draws them.  His profile is on our token sale website http://creditprotocol.com

[passivebesiege]

I read that you will send airdrop after the ICO to ethereum address but how we can know how to join ?

[BlockMason]

I read that you will send airdrop after the ICO to ethereum address but how we can know how to join ?

We are in the process of changing the plan.  Instead we will offer the airdrop to all Foundation addresses with 2 more Ethereum addresses associated with it.  This will be once we launch Foundation on the mainnet.

[ew4by]

I read that you will send airdrop after the ICO to ethereum address but how we can know how to join ?

We are in the process of changing the plan.  Instead we will offer the airdrop to all Foundation addresses with 2 more Ethereum addresses associated with it.  This will be once we launch Foundation on the mainnet.

like the ethereum foundation guys?  why do they get tokens?

[BlockMason]

I read that you will send airdrop after the ICO to ethereum address but how we can know how to join ?

We are in the process of changing the plan.  Instead we will offer the airdrop to all Foundation addresses with 2 more Ethereum addresses associated with it.  This will be once we launch Foundation on the mainnet.

like the ethereum foundation guys?  why do they get tokens?

Foundation is our protocol that allows you to combine all your Ethereum addresses into a single id.  It's required use our dapp Friend in Debt.

[timblockmason]

I read that you will send airdrop after the ICO to ethereum address but how we can know how to join ?

We are in the process of changing the plan.  Instead we will offer the airdrop to all Foundation addresses with 2 more Ethereum addresses associated with it.  This will be once we launch Foundation on the mainnet.

like the ethereum foundation guys?  why do they get tokens?

Foundation is our protocol that allows you to combine all your Ethereum addresses into a single id.  It's required use our dapp Friend in Debt.

As lead developer, I should also note that Credit Protocol uses Foundation ids (open source and free) to track credits and debts between users

[farido]

When does the ico start?

[BlockMason]

When does the ico start?

The pre-sale starts on October 1st and will be open to only those on the whitelist.

[arttycab]

I’m interested in buying about 100 ETH can I get a special deal?

[btcbelieber]

how do i add myself to the whitelist, i’m using myetherwallet

[babycicak]

how about parity?  are their instruction on how to add from parity

[timblockmason]

how do i add myself to the whitelist, i’m using myetherwallet

https://www.youtube.com/watch?v=_17Vc9UKsxo

^^^^ Video instructions for adding yourself to the whitelist with myetherwallet.

[Forbis98]

I need to have 0,01 ETH on my ether wallet ?

[Motivation]

Can anyone build an application using the Credit Protocol?

[timblockmason]

how about parity?  are their instruction on how to add from parity

From parity, send a 0 Eth transaction to the ENS address:
cpwhitelist.eth

Gas cost is about 90,000, so set it to 150,000 and it will definitely work.

[shagorbleed]

where's the airdrop info that u have said in thread title??

[timblockmason]

Can anyone build an application using the Credit Protocol?

Yes, part of the point of the protocol is to make it easier and more reliable for people to record credit information for their app on the blockchain. The only thing that you need to write to the protocol is CP tokens.

[timblockmason]

where's the airdrop info that u have said in thread title??

As said earlier in the thread, airdrop will go to any addresses that are registered with our Identity application, Foundation.

https://blockmason.io/projects/foundation/

When we deploy that app on the mainnet, we will tell everyone in our Telegram and here, and give the exact airdrop details

[jesseblockmason]

New Medium article on our forthcoming giftcard and loyalty rewards app for the Credit Protocol!

Feat. Ethereum Fetty Wap

https://cdn-images-1.medium.com/max/800/1*Kx1B3qzjnujvpv-byx_Hhg.png

https://medium.com/@BlockMason/bringing-loyalty-to-the-blockchain-3d9ec8479fa0

[jesseblockmason]

Attention loyal fans and valued customers!

BlockMason Content Manager and avid baseball fan Jesse Nee-Vogelman will be attending
CryptoCircle’s Social Bitcoin Meetup on September 11th at 7:30pm at the 40/40 Club in Manhattan. Jesse will be meeting with other blockchain entrepreneurs and prospective customers, as well as discussing BlockMason’s upcoming token sale and our awesome blockchain applications, including Friend in Debt.

If you’re New York for business or otherwise, please reach out via email. Jesse will be happy to arrange a meeting, chat about blockchain technology, or discuss the Yankees’ shot at the postseason.

The BlockMason Team

[bombardir]

how is Friend in Debt different than just sending ether with a wallet?

[thok422]

How many addresses can I register on the whitelist?

[BlockMason]

How many addresses can I register on the whitelist?

That's up to you.  The ability is there to register and infinite amount of addresses.

[ew4by]

why did you postpone the ico for metropolis?

[minime0105]

Looks like a good and legit project and ICO, watching this project and wanting to see more details. Good luck to the dev team.

[selectnumber123]

Good concept, interesting to know more before ICO begins, I am very interested to follow it later. Hope to produce a good project in the future.

[redectro]

Good luck to BlockMason.
Read about your project and it looks interesting. Looking forward to helping this one when the time comes.
Regarding the airdrop. Great to see another ether-based coin which new functionality, i'll keep my eye on this project to watch the progress!

[BudaCoin]

Is there a private sale round for big buyers?

[timblockmason]

Is there a private sale round for big buyers?

Answer: mostly yes probably. We will announce the final token cap and buying structure today.

[loremipsum]

Are there dates set for the pre-ICO and ICO? Will it be only for buyers who have applied to the whitelist or open to everyone?

Also, can you please let me know the pre-ICO and ICO cap?

[timblockmason]

Are there dates set for the pre-ICO and ICO? Will it be only for buyers who have applied to the whitelist or open to everyone?

Also, can you please let me know the pre-ICO and ICO cap?

Current planned date for the ICO is October 1, but that *could* change.

Private sales for people who helped us develop are open now; that will be capped at 18,000 Eth.
Whitelist and public sale will be capped at 27,000 Eth.
So 45,000 Eth total.

There will be three periods for the ICO:
1. Whitelist: all whitelist buyers can buy, up to an individual maximum
2. Whitelist open: any whitelist buyer can buy as much as he/she wants
3. Public sale

I'll post the tiers and token bonuses later today -- posting them first in our Telegram.

[timblockmason]

As promised, new site with FINAL token supply and tier/bonus structure:

https://blockmason.io/projects/ico/

[tuaddio]

looks interesting, wishing you the very best in your endeavour and look forward to the airdrop

[arttycab]

Do you guys even have any code written or is this just images of hopeful stuff you willl make?

[Shanto]

Very interested in purchasing but will wait until it hits exchanges. Private sales group will most likely dump it on open and I'll be there to catch the falling knife 

[BlockMason]

Do you guys even have any code written or is this just images of hopeful stuff you willl make?

Check out our app http://fiddy.io and the code https://github.com/blockmason  all very real!

[simrac]

I so impressed with this project,  so detail , i like this roadmap and this concept, it so professional,  i believe this is investment for me when it  have on market,i will keep follow this project .

[MairaObergh]

it is absolutely Amazing how each and every Ann thread posted ;the amount of bounty beggars and airdrop hounds completely cover the first pages of the ANN even without knowing anything about the project

It is what it is. Why not recognize things for what they are and just accept it. If you can't beat them, join them.

If people don't have a lot of money, and someone announces that if they went to some event they will hand them something, are you going to be surprised that people took them up on the offer?

[kl0ndike]

My Foundation ID is kl0ndike if anybody wants to add me and test fiddy.io

[PoopieLaxitive31]

I so impressed with this project,  so detail , i like this roadmap and this concept, it so professional,  i believe this is investment for me when it  have on market,i will keep follow this project .

yeah this project is the shit, breath of fresh air compared to all the scam icos out there

[BlockMason]

My Foundation ID is kl0ndike if anybody wants to add me and test fiddy.io

Added you.

[shavedos]

it is absolutely Amazing how each and every Ann thread posted ;the amount of bounty beggars and airdrop hounds completely cover the first pages of the ANN even without knowing anything about the project

It is what it is. Why not recognize things for what they are and just accept it. If you can't beat them, join them.

If people don't have a lot of money, and someone announces that if they went to some event they will hand them something, are you going to be surprised that people took them up on the offer?

yeah sure those guys are just annoying lol

[rimmyvs]

My Foundation ID is kl0ndike if anybody wants to add me and test fiddy.io

Added you.

what's your username i'd also like to add you

[rafzalan]

I have a question about token pricing:
I think pre-sale have 50% bonus, cap is set to 27000 ether, (approx $9 million)
What if 1000 person (already 750 is in whitelist) each add averge of $4500 that equals 27000 ether with 50% bonus.
Is it ok?
What will happen to crowdsale?
Thanks

[BlockMason]

I have a question about token pricing:
I think pre-sale have 50% bonus, cap is set to 27000 ether, (approx $9 million)
What if 1000 person (already 750 is in whitelist) each add averge of $4500 that equals 27000 ether with 50% bonus.
Is it ok?
What will happen to crowdsale?
Thanks

The pre-sale and the regular sale have a bonus that changes based upon the amount of tokens sold.  

While the whitelist guarantees you can buy CPT, the 50% bonus tier is on a first come first serve basis.  

[BlockMason]

My Foundation ID is kl0ndike if anybody wants to add me and test fiddy.io

Added you.

what's your username i'd also like to add you

My foundation id is "jared" you're welcome to add me.

[Laxdude7691]

How many template contracts is BlockMason going to release?

[BlockMason]

Luke on our Dev team just deployed a new whitelist counter that updates live:
https://blockmason.io/projects/ico/

Do you guys like it?

[BlockMason]

How many template contracts is BlockMason going to release?

We plan on creating 15 UCACs as templates that customers can either use directly or modify for their own solutions.

[Laxdude7691]

How many template contracts is BlockMason going to release?

We plan on creating 15 UCACs as templates that customers can either use directly or modify for their own solutions.

What's the timeline for creating all of these?

[kl0ndike]

My Foundation ID is kl0ndike if anybody wants to add me and test fiddy.io

Added you.

what's your username i'd also like to add you

What's your username?

[spamtest1a]

I can not join telegram link on your website, could you share a proper link?
Just wonder the timeline of close pre-sale sign up and what cap for each pre-sale account...

[rafzalan]

I can not join telegram link on your website, could you share a proper link?
Just wonder the timeline of close pre-sale sign up and what cap for each pre-sale account...

Telegram has regional restriction based on phone number, Please do not use that for global announcements and news. Better ways are reddit + meddium + slack + bitcointalk.

[BlockMason]

I can not join telegram link on your website, could you share a proper link?
Just wonder the timeline of close pre-sale sign up and what cap for each pre-sale account...

What link did you click where?  If it's broken I'd like to fix it.  This is the link https://t.me/blockmason

[BlockMason]

I can not join telegram link on your website, could you share a proper link?
Just wonder the timeline of close pre-sale sign up and what cap for each pre-sale account...

Telegram has regional restriction based on phone number, Please do not use that for global announcements and news. Better ways are reddit + meddium + slack + bitcointalk.

We will push all announcements through all our channels.  And always be on this post to answer any questions.

[BlockMason]

I can not join telegram link on your website, could you share a proper link?
Just wonder the timeline of close pre-sale sign up and what cap for each pre-sale account...

We will close the pre-sale whitelist sign up when we have about 5000-10,000 users.  Each pre-sale account will then be allowed to purchase 27000 ETH / 5000-10000 users for the first 5 days of the sale.

[rafzalan]

I can not join telegram link on your website, could you share a proper link?
Just wonder the timeline of close pre-sale sign up and what cap for each pre-sale account...

We will close the pre-sale whitelist sign up when we have about 5000-10,000 users.  Each pre-sale account will then be allowed to purchase 27000 ETH / 5000-10000 users for the first 5 days of the sale.

It won't work, bcz one could create unlimited accounts, unless you add validation for names.

[BlockMason]

I can not join telegram link on your website, could you share a proper link?
Just wonder the timeline of close pre-sale sign up and what cap for each pre-sale account...

We will close the pre-sale whitelist sign up when we have about 5000-10,000 users.  Each pre-sale account will then be allowed to purchase 27000 ETH / 5000-10000 users for the first 5 days of the sale.

It won't work, bcz one could create unlimited accounts, unless you add validation for names.

We are aware of that problem, but ultimately when you do things like this online it's very difficult to control 1 account per user.  We know users may create more accounts than 1, but until better identity platforms are around this is our best solution. 

[BlockMason]

Credit Protocol Private Token Sale Ends

BlockMason is excited to announce the end of our private pre-TCE token sale to strategic partners. We have reached our goal to sell 18,000 ETH worth of Credit Protocol Tokens. We believe the swift end to our private sale stands as a vote of confidence in our product by the larger Ethereum community, and we can’t wait to open the sale of our Credit Protocol Tokens to the public at large.

At BlockMason, we value the enthusiasm and energy of our loyal customers who have supported us from the beginning. That is why we capped our private sale at 18,000 ETH to ensure that all interested customers, large and small, have a chance to purchase Credit Protocol Tokens. If you are interested in learning more about the Credit Protocol or signing up for the whitelist to secure your purchase spot during the TCE, visit www.creditprotocol.com

[rafzalan]

Credit Protocol Private Token Sale Ends

BlockMason is excited to announce the end of our private pre-TCE token sale to strategic partners. We have reached our goal to sell 18,000 ETH worth of Credit Protocol Tokens. We believe the swift end to our private sale stands as a vote of confidence in our product by the larger Ethereum community, and we can’t wait to open the sale of our Credit Protocol Tokens to the public at large.

At BlockMason, we value the enthusiasm and energy of our loyal customers who have supported us from the beginning. That is why we capped our private sale at 18,000 ETH to ensure that all interested customers, large and small, have a chance to purchase Credit Protocol Tokens. If you are interested in learning more about the Credit Protocol or signing up for the whitelist to secure your purchase spot during the TCE, visit www.creditprotocol.com

Congratulation

latest reservations -> 1485
see online https://blockmason.io/projects/whitelist/

[BlockMason]

Credit Protocol Private Token Sale Ends

BlockMason is excited to announce the end of our private pre-TCE token sale to strategic partners. We have reached our goal to sell 18,000 ETH worth of Credit Protocol Tokens. We believe the swift end to our private sale stands as a vote of confidence in our product by the larger Ethereum community, and we can’t wait to open the sale of our Credit Protocol Tokens to the public at large.

At BlockMason, we value the enthusiasm and energy of our loyal customers who have supported us from the beginning. That is why we capped our private sale at 18,000 ETH to ensure that all interested customers, large and small, have a chance to purchase Credit Protocol Tokens. If you are interested in learning more about the Credit Protocol or signing up for the whitelist to secure your purchase spot during the TCE, visit www.creditprotocol.com

Congratulation

latest reservations -> 1485
see online https://blockmason.io/projects/whitelist/

Thanks for your support.  We will be closing the whitelist shortly.  We will make sure everyone is notified before that closing so they have one last chance to get added.

[levelten]

Hi BlockMason,

FYI,
I signed up your whitelist a couple days ago.
Today, I was researching your token sale and came across another ICO with the same Ticker CPT,
and they are having an ICO on OCT. 1st as well.
Since both projects have the same Ticker and start date, it may cause confusion with some investors.
I think you should consider addressing the conflict before the ICO.

Here are their website and the two smart contracts with 1.5 Billion coins each.

https://cryptaur.com/

https://ethplorer.io/address/0x79b4af40f8ec64b3caedf22243bf424f27873591
https://ethplorer.io/address/0x9899af5aa1efa90921d686212c87e70f4fbea035

[BlockMason]

The Upcoming Blockmason Token Sale is now listed on the following sites:

https://www.coinschedule.com/
https://www.smithandcrown.com/icos/
https://icotracker.net/upcoming  and  https://icotracker.net/project/credit_protocol 
https://www.icoalert.com/

Thanks for everyone's support so far. 

[BlockMason]

Hi BlockMason,

FYI,
I signed up your whitelist a couple days ago.
Today, I was researching your token sale and came across another ICO with the same Ticker CPT,
and they are having an ICO on OCT. 1st as well.
Since both projects have the same Ticker and start date, it may cause confusion with some investors.
I think you should consider addressing the conflict before the ICO.

Here are their website and the two smart contracts with 1.5 Billion coins each.

https://cryptaur.com/

https://ethplorer.io/address/0x79b4af40f8ec64b3caedf22243bf424f27873591
https://ethplorer.io/address/0x9899af5aa1efa90921d686212c87e70f4fbea035

Thanks we will take this into consideration.

[abitbetter247]

hi, how can i join the whitelist?  i insert my address but it doesn't work

[mile108]

What time does the sale start?

[Fluttershy]

I just read your website and I found under airdrop section that "5% of CPTs will be made available to all FoundationIDs on the mainnet" what do mean by FoundationIDs?

[rafzalan]

What time does the sale start?

October 1st.

They wrote here that presale will start when between 5 to 10 thousands participate whitelist.

[yweetot]

I sent 0ETH to your address at https://blockmason.io as you said, but after I sent it, I checked the purchase status, but still couldn't find my address

[BlockMason]

I sent 0ETH to your address at https://blockmason.io as you said, but after I sent it, I checked the purchase status, but still couldn't find my address

I suspect you didn't send enough gas or your wallet doesn't support 0 ETH transactions.  Can you let me know what address you used and which wallet? 

[rafzalan]

What time does the sale start?

October 1st.

They wrote here that presale will start when between 5 to 10 thousands participate whitelist.

We will close that whitelist at the number, but the whitelist sale will start on October 1st no matter how many people are on the list.

If the way for Americans to participate icos be open with this one, i think it could effect coins market and wipe chinese decision to ban them. What do you think?

[ts11111]

This is a promising ico.  i already added my address to the whitelist,  how much will each whitelist person be able to buy?

[ts11111]

This is a promising ico.  i already added my address to the whitelist,  how much will each whitelist person be able to buy?

It will be 27000 ETH divided by the number of people on the whitelist.

How many people will be allowed on the whitelist?

[Lordsomnium]

Looks like a promising project with a low cap, so good returns.

[ew4by]

We’ve had a busy and exciting week here at BlockMason. We’ve connected with a lot of amazing people, and received with a ton of questions and feedback. We are happy to announce that everything is on track for a very successful sale of our Credit Protocol Tokens. With that, we have finalized some of the details of our sale, which we would like to let you know.

• The sale starts on October 1st.
• The sale ends on November 1st or when we sell out of Credit Protocol Tokens.
• The sale will start at 1600 UTC.
• 27000 ETH worth of tokens will be sold according to the bonus structure listed on our site The bonuses are on a first come first serve basis.
• We will have a 5 day period in which only whitelisted users can buy tokens. They will be able to buy 27000 ETH / the number of users on the whitelist.
• This 5 day period will be followed by a 2 day period in which whitelisted users can buy an unlimited amount of tokens.
• Tokens will be available immediately upon completion of the sale.

If you’re not on the whitelist, let me remind you one more time! It will be closing soon! We want to make sure our early supporters get access to tokens to begin using and developing DApps for the Credit Protocol.

thanks for the update i have been following this coin and am on the whitelist

[cbassthefish]

It seems like this coin is flying under the radar, I have seen it ranking high on many ico lists.  I will contribute also.

[arttycab]

http://www.newsbtc.com/2017/09/16/blockmason-token-creation-event-backed-by-large-private-purchases/

The much-anticipated Token Creation Event for BlockMason’s Credit Protocol has been bolstered by a dramatic development. A recently updated version of BlockMason’s token sale website confirms rumors that a number of large purchasers have bought a portion of the Credit Protocol Tokens prior to the opening of the token sale to the general public, ending their private sale.

According to company representatives, BlockMason reserved roughly forty percent of their token supply for sale to strategic development partners who will use their tokens to help vet and test applications running on the protocol. The value of the tokens set aside for the private sale were capped at 18,000 ETH.

“We know we could have sold more tokens during the private sale,” said BlockMason cofounder Jared Bowie, “but we wanted to make sure that anyone in the Ethereum community, even small buyers, have a chance to purchase CPT and help grow our amazing product.”

While BlockMason has not yet announced the identities of these private customers, industry sources indicate that the purchasers may include representatives from several well-known companies in the crypto space.

Though BlockMason is a relatively young company in the Ethereum ecosystem, these large purchases lend the token sale vital credibility at a time when coin offerings have come under increasing scrutiny from both the public and government regulators. BlockMason has already distinguished itself by offering their token sale to the public in the United States, in what is believed to be one of the first U.S. securities law compliant digital asset sales.

You can learn more at https://blockmason.io/projects/ico/

Thanks for the updates to this thread.  I can't join the telegram channel so I watch bitcointalk for updates.

[arttycab]

How many addresses can I add to the whitelist?  What's to prevent a whale from adding unlimited addresses to the whitelist?

[thok422]

Hello, what's your guys plan if metropolis hardfork comes on October 9?

[BlockMason]

Hello, what's your guys plan if metropolis hardfork comes on October 9?

If the hardfork comes at that time and the sale isn't sold out then we'll pause it just for safety and turn it back on after.

[Motivation]

How do I sign up for the whitelist?

[Moht]

BlockMason Announces Second Application Ahead of Token Sale

Blockchain application developers BlockMason, who are launching one of this season’s most highly anticipated ICOs, have just announced their second application built using their innovative Credit Protocol. Called GiftChain, their new application will allow retailers and vendors of any size to easily issue gift cards and implement customer loyalty rewards programs secured by the blockchain. GiftChain will be accessible from any smartphone, making it possible for small businesses to easily track purchases and distribute rewards as would any large company. The application will support all major fiat currencies, multiple cryptocurrencies, and even arbitrary currencies designed by the issuer (e.g. a single meal at a restaurant or a voucher for a one hour massage).

This offering comes in addition to BlockMason’s first fully-functional application built atop the Credit Protocol, Friend in Debt—or, as they refer to it, “like Venmo on the Blockchain, but better!” BlockMason has already distinguished itself from other blockchain startups by offering a working product prior to their ICO. While GiftChain may not be free for public testing until after the commencement of their token offering, the announcement further demonstrates BlockMason’s commitment to product development and customer support. Additionally, the release of GiftChain proves the flexibility and viability of their Credit Protocol, which has been generating buzz for being the first SEC-compliant ICO open to the general American public after the SEC’s report on the Dao. The Credit Protocol is a simple system for recording debts and credits on the blockchain, which can be customized for a variety of organizational, business, or individual purposes through smart contracts programmed atop the protocol. In their Whitepaper, BlockMason has announced their intent to launch a bounty program for the development of template Credit Protocol smart contracts. Suggested contracts include campus meal voucher systems, consumer loans, and microfinancing.

While Giftchain is still in development, BlockMason has reportedly discussed testing an upcoming beta version with several Chinese retailers. According to BlockMason co-founder Jared Bowie, a finished GiftChain smart contract will likely be available in the next month, with a functional front-end available for public use after the ICO.

For more information on the token sale, visit https://blockmason.io/projects/ico/. To read the Credit Protocol whitepaper, visit http://blockmason.io/cp-whitepaper/.

This is amazing news!

[rafzalan]

Which coins will be acceptable on sale?

[BlockMason]

Which coins will be acceptable on sale?

We will be using an Ethereum smart contract for the sale, so only Ethereum will be accepted as payment.

[Zionatin]

Which coins will be acceptable on sale?

Myetherwallet is where you car the wallet. It gives you the private key so you are in control and own your own tokens.
Tokens work differently to coins and share the same wallet everything is connected to the myetherwallet and yuse eth to pay transaction fees.

[BlockMason]

[btcbelieber]

https://i.imgur.com/8qulB1z.jpg

Very cool.

Btw what is the big news I keep hearing about you guys having?

[farido]

Hi, I sent to the whitelist but when I try to check it says I'm not

[Tony128]

For everyone who hasn't seen these articles, here is the link to the first out of three. They compare FID vs Venmo. I'm not from the States, and I've never even heard of Venmo until now, but the concept and what friend in debt could potentially offer is fantastic. I'd certainly use it. Can't believe the white list for this project isn't full yet.

 https://medium.com/@BlockMason/friend-in-debt-vs-venmo-round-1-38dd5344fd45

[Tony128]

https://blockmason.io/blog/2017/09/20/anthony/

Ethereum Co-Founder Anthony Di Iorio Joins BlockMason as Advisor

Wow, what a week!

While we’ve been extraordinarily busy here at BlockMason, nothing has excited us more than to announce that Anthony Di Iorio, founder of Jaxx and co-founder of Ethereum, has joined BlockMason in an advisory role. Anthony is one of most respected entrepreneurs in the crypto universe, and his contributions to Ethereum and Jaxx have made him essential to the development of the blockchain ecosystem. We look forward to working with Anthony to ensure the successful run of our Credit Protocol token sale, as well as to grow the user base for our first awesome applications, including Friend in Debt.

Just as BlockMason seeks to fill a glaring hole in the Ethereum ecosystem by introducing credit to the blockchain, Anthony addressed an essential need by creating Jaxx, one of the first cryptocurrency wallets to hold both multiple currencies and tokens. Jaxx is now the gold standard of digital asset storage. In the last five years, Anthony has organized hundreds of Bitcoin, Ethereum, and Decentralized Tech events, connecting blockchain entrepreneurs from across the world and encouraging the rapid growth of our industry.

That is why we are so thrilled to have Anthony join our team. He is a renowned expert in the field, a decentralized visionary, and his vote of confidence confirms what we have believed all along: The Credit Protocol is essential to Ethereum’s development. A man like Anthony needs only involve himself with passion projects; we are honored that BlockMason is one of his passions.

Quick question: Was this update sent out via the email list last night as well? I tried to sign up for the email list yesterday, but never received a confirmation email or any of the updates. Was wondering when the last one was sent out as I don't want to miss the updates for the ICO.
Cheers

[cryptoworldwide]

Hi, Do you have any social media bounty program?

[Tony128]

It was sent out over email.  The email list is double opt-in meaning you should receive an email confirming your signup.  After you confirm you will also receive a welcome email. 

Thanks very much for your reply. I'll try to register with a different email address then, as for some reason the registration didn't work last time.

PS I didn't manage to read all the messages on the Telegram group, but I'm looking forward to hearing what you'll decide to do in terms of making the discounts fairer for everyone on the whitelist.

[spamtest1a]

Hi, When token will be delivered and tradable?

[crypto_bit]

quite promising project, although you should fix these broken 'untitled' images on the page:
https://blockmason.io/projects/

thanks

[clif_high]

well, funny comics, probably Vitalik-Jesus is the best one XD

[BlockMason]

quite promising project, although you should fix these broken 'untitled' images on the page:
https://blockmason.io/projects/

thanks

thanks, we're on it.

[BlockMason]

well, funny comics, probably Vitalik-Jesus is the best one XD

[rafzalan]

WhiteList is closed with 5017 participants so refer to:
"We will have a 5 day period in which only whitelisted users can buy tokens. They will be able to buy 27000 ETH / the number of users on the whitelist."
Each could buy up to (27000/5017 ~ 5.38 ETH) am I right?

[Calisteno]

Hi,

I'm very interested in the project but I missed the opportunity to be part of the whitelist since I heard about BlockMason only last week. I understand the rule of the presale starting Oct 1. but I don't understand if there is an ICO following the presale? If yes, when will it take place?

I would love the opportunity to participate even being not being whitelisted.

[Zoltes]

Hi,

I'm very interested in the project but I missed the opportunity to be part of the whitelist since I heard about BlockMason only last week. I understand the rule of the presale starting Oct 1. but I don't understand if there is an ICO following the presale? If yes, when will it take place?

I would love the opportunity to participate even being not being whitelisted.

The private presale was back in August. On Oct 1 there will be the sale available for whitelisted accounts only. Public Sale Starts Oct 8 at 1600 UTC only if whitelist sale not sold out.

[Calisteno]

Hi,

I'm very interested in the project but I missed the opportunity to be part of the whitelist since I heard about BlockMason only last week. I understand the rule of the presale starting Oct 1. but I don't understand if there is an ICO following the presale? If yes, when will it take place?

I would love the opportunity to participate even being not being whitelisted.

The private presale was back in August. On Oct 1 there will be the sale available for whitelisted accounts only. Public Sale Starts Oct 8 at 1600 UTC only if whitelist sale not sold out.

Thanks a lot, I keep my finger crossed hoping that it won't be sold out after 1 week!

[KokoroKlphn]

i'm  excited !! 

[accesovip]

I whitelisted 20 wallets for me and my friends, but some won't be purchasing and I have 6 wallets available to purchase (total 6*5.3 ETH = 31.8 ETH)

I can purchase for you, you will receive 1000 coins per ETH and I will keep the bonus coins for me, whichever they are (50 to 500 per ETH depending how soon / fast I can purchase).

Keep in mind that most likely no one which is not whitelisted will be able to purchase, and in the rare case the ICO is not sold out during the first 7 days, there won't be big bonuses left, so you have nothing to lose.

You can check my comments history. If interested, PM me.

[btcthm]

Their mail:
"BlockMason Token Sale Instructions
 
On October 1st at 1600 UTC the whitelist only allocated sale will start.  If you’re whitelisted you will be able to buy tokens from your whitelisted address.  Here are some instructions:

 
You can only buy once!  During the whitelist allocation period you can only send one buy order.  All others will be rejected.  

The buy limit is 5.38170221247757624 Ether or 5381702212477576240 wei per whitelisted address.  You can buy up to this amount or less.  You can only do one buy order no matter if you do the max or not.

The sales address is blockmason.eth  We will post this in multiple places along with the hex address.  Always double check the address and if you’re using MyEtherWallet be very careful to be on the right site.

The gas limit is 150,000.

Once again, you can only buy once.  Make sure your first buy order is for the amount you want.

 
We will then start the whitelist unlimited buy period on October 6th at 1600 UTC.  During this time anyone with a whitelisted address can buy as many tokens and as many times as they want up to the cap of the sale which is 27000 ETH.

 
On Oct 8th at 1600 UTC any unsold tokens will be for sale to the public.

 
The Credit Protocol token BCPT is located at creditprotocol.eth "

[BlockMason]

Their mail:
"BlockMason Token Sale Instructions
 
On October 1st at 1600 UTC the whitelist only allocated sale will start.  If you’re whitelisted you will be able to buy tokens from your whitelisted address.  Here are some instructions:

 
You can only buy once!  During the whitelist allocation period you can only send one buy order.  All others will be rejected.  

The buy limit is 5.38170221247757624 Ether or 5381702212477576240 wei per whitelisted address.  You can buy up to this amount or less.  You can only do one buy order no matter if you do the max or not.

The sales address is blockmason.eth  We will post this in multiple places along with the hex address.  Always double check the address and if you’re using MyEtherWallet be very careful to be on the right site.

The gas limit is 150,000.

Once again, you can only buy once.  Make sure your first buy order is for the amount you want.

 
We will then start the whitelist unlimited buy period on October 6th at 1600 UTC.  During this time anyone with a whitelisted address can buy as many tokens and as many times as they want up to the cap of the sale which is 27000 ETH.

 
On Oct 8th at 1600 UTC any unsold tokens will be for sale to the public.

 
The Credit Protocol token BCPT is located at creditprotocol.eth "

Thanks for posting!

[loremipsum]

Their mail:
"BlockMason Token Sale Instructions
 
On October 1st at 1600 UTC the whitelist only allocated sale will start.  If you’re whitelisted you will be able to buy tokens from your whitelisted address.  Here are some instructions:

 
You can only buy once!  During the whitelist allocation period you can only send one buy order.  All others will be rejected.  

The buy limit is 5.38170221247757624 Ether or 5381702212477576240 wei per whitelisted address.  You can buy up to this amount or less.  You can only do one buy order no matter if you do the max or not.

The sales address is blockmason.eth  We will post this in multiple places along with the hex address.  Always double check the address and if you’re using MyEtherWallet be very careful to be on the right site.

The gas limit is 150,000.

Once again, you can only buy once.  Make sure your first buy order is for the amount you want.

 
We will then start the whitelist unlimited buy period on October 6th at 1600 UTC.  During this time anyone with a whitelisted address can buy as many tokens and as many times as they want up to the cap of the sale which is 27000 ETH.

 
On Oct 8th at 1600 UTC any unsold tokens will be for sale to the public.

 
The Credit Protocol token BCPT is located at creditprotocol.eth "

So the hard cap is 27000 ETH = $8,100,000 for the main sale. How much was sold in the presale and private sale?

[nasasan620]

The white list system and how they give high bonus just a few of the early birds by chances sound very badly organized for me.  There is no reason giving that high bonus if there is enough demand for white list.  Like, some guy like above just get many wallets on white list and is trying to steal whatever the bonus from the people coming later and still want tokens for sure.

I like the project and its potential, but how they sell tokens is one of the worst use cases of white list.  It has nothing to do with KYU nor giving everyone a fair chance to get tokens, but for resellers and whales to flip their money in a few seconds.

[rafzalan]

The white list system and how they give high bonus just a few of the early birds by chances sound very badly organized for me.  There is no reason giving that high bonus if there is enough demand for white list.  Like, some guy like above just get many wallets on white list and is trying to steal whatever the bonus from the people coming later and still want tokens for sure.

I like the project and its potential, but how they sell tokens is one of the worst use cases of white list.  It has nothing to do with KYU nor giving everyone a fair chance to get tokens, but for resellers and whales to flip their money in a few seconds.

Priority, time , and chance are 3 common factors you can find in all icos, I dont think here we have something special.
If someone use different addresses inside whitelist definitely he accept more risk. They open white list for a week and you had enough time to add your addresses if you want.

[rafzalan]

The white list system and how they give high bonus just a few of the early birds by chances sound very badly organized for me.  There is no reason giving that high bonus if there is enough demand for white list.  Like, some guy like above just get many wallets on white list and is trying to steal whatever the bonus from the people coming later and still want tokens for sure.

I like the project and its potential, but how they sell tokens is one of the worst use cases of white list.  It has nothing to do with KYU nor giving everyone a fair chance to get tokens, but for resellers and whales to flip their money in a few seconds.

Priority, time , and chance are 3 common factors you can find in all icos, I dont think here we have something special.
If someone use different addresses inside whitelist definitely he accept more risk. They open whitelist for almost a week and you had enough time to add your addresses if you want.

[vision2003]

When will tokens be tradable and when can we expect them on exchanges? Thank you.

[BlockMason]

When will tokens be tradable and when can we expect them on exchanges? Thank you.

Please check our FAQ
https://blockmason.io/projects/faq

[rafzalan]

What is going on?

It is 1 hour before ICO starts,
I can see 42 transactions into contract address blockmason.eth.
It shows 0 ETH Balance, so what is going on? What will happen to these early investors?  What if I do like this?
ref: https://etherscan.io/address/0x255d597951300a913d5E327C6E92dDc05923fEBE

[levelten]

This is crazy, lots of people rush into this ICO on the first minutes. It took more than 5 minutes get a confirmation.

[loremipsum]

This is crazy, lots of people rush into this ICO on the first minutes. It took more than 5 minutes get a confirmation.

Yep, the website and the network were overloaded in the first minutes. I just got in in time for the 50% bonus after waiting for 5 min for transaction to confirm using 150000 Gas and 50Gwei. Too high demand!

[rafzalan]

Interesting & Amazing , We already received coin.
is it tradable?

[Tony128]

Demand was obviously ridiculously high in the first couple of minutes, but doesn't seem too crazy at the moment. But then I guess a lot of people on the whitelist may not be willing to get up in the middle of the night to participate. Will be interesting how much they sell in the next 12 hours or so.

[KokoroKlphn]

Good Project

[BlockMason]

The whitelist sale is live now.  Please remember to only send ETH to blockmason.eth and read the terms and conditions before purchasing https://blockmason.io/projects/sale/

[BlockMason]

What is going on?

It is 1 hour before ICO starts,
I can see 42 transactions into contract address blockmason.eth.
It shows 0 ETH Balance, so what is going on? What will happen to these early investors?  What if I do like this?
ref: https://etherscan.io/address/0x255d597951300a913d5E327C6E92dDc05923fEBE

This is also ok.

[BlockMason]

Their mail:
"BlockMason Token Sale Instructions
 
On October 1st at 1600 UTC the whitelist only allocated sale will start.  If you’re whitelisted you will be able to buy tokens from your whitelisted address.  Here are some instructions:

 
You can only buy once!  During the whitelist allocation period you can only send one buy order.  All others will be rejected.  

The buy limit is 5.38170221247757624 Ether or 5381702212477576240 wei per whitelisted address.  You can buy up to this amount or less.  You can only do one buy order no matter if you do the max or not.

The sales address is blockmason.eth  We will post this in multiple places along with the hex address.  Always double check the address and if you’re using MyEtherWallet be very careful to be on the right site.

The gas limit is 150,000.

Once again, you can only buy once.  Make sure your first buy order is for the amount you want.

 
We will then start the whitelist unlimited buy period on October 6th at 1600 UTC.  During this time anyone with a whitelisted address can buy as many tokens and as many times as they want up to the cap of the sale which is 27000 ETH.

 
On Oct 8th at 1600 UTC any unsold tokens will be for sale to the public.

 
The Credit Protocol token BCPT is located at creditprotocol.eth "

So the hard cap is 27000 ETH = $8,100,000 for the main sale. How much was sold in the presale and private sale?

18k ETH in the presale and 27k in the whitelist/public sale.  Total of 45k ETH.

[Opurum]

Please help a newbie...

I bought Credit Protocol token by sending ETH from my wallet and I have confirmed the transaction in Etherscan. But I can't find the B CPT coins I bought in my wallet from which I originated the transaction. So where is my B CPT coins now? I ask because I did same thing to buy SCL and I automatically received my coins almost immediately in my wallet, and I expected the Blockmason transaction to work out the same way.

I use MEW

Thanks.

[BlockMason]

Please help a newbie...

I bought Credit Protocol token by send ETH from my wallet and I have confirmed the transaction in Etherscan. But I can't find the B CPT coins I bought in my wallet from which I originated the transaction. So where is my B CPT coins now? I ask because I did same thing to buy SCL and I automatically received my coins almost immediately in my wallet, and I expected the Blockmason transaction to work out the same way.

Thanks.

Which wallet are you using?

[Opurum]

The whitelist sale is live now.  Please remember to only send ETH to blockmason.eth and read the terms and conditions before purchasing https://blockmason.io/projects/sale/

I bought some B CPT about 16 hours ago using MEW wallet but my purchased tokens have not reflected on my transaction wallet. Where can I find the Blockmason coins I bought?

[Tony128]

The whitelist sale is live now.  Please remember to only send ETH to blockmason.eth and read the terms and conditions before purchasing https://blockmason.io/projects/sale/

I bought some B CPT about 16 hours ago using MEW wallet but my purchased tokens have not reflected on my transaction wallet. Where can I find the Blockmason coins I bought?

They should be visible in the section "Token Transfers", which is next to the "Transactions" button. It should also tell you on the transaction itself how many BCPT tokens you were sent back. Are you sure your transaction wasn't rejected by the contract? F.i. because you were sending ETH over the 5.38 limit?

[Use.Your.Brain]

The whitelist sale is live now.  Please remember to only send ETH to blockmason.eth and read the terms and conditions before purchasing https://blockmason.io/projects/sale/

I bought some B CPT about 16 hours ago using MEW wallet but my purchased tokens have not reflected on my transaction wallet. Where can I find the Blockmason coins I bought?

You might have to add the details:
Contract Address:   0x1c4481750daa5ff521a2a7490d9981ed46465dbd
Token Decimals:    18

[BlockMason]

The whitelist sale is live now.  Please remember to only send ETH to blockmason.eth and read the terms and conditions before purchasing https://blockmason.io/projects/sale/

I bought some B CPT about 16 hours ago using MEW wallet but my purchased tokens have not reflected on my transaction wallet. Where can I find the Blockmason coins I bought?

You might have to add the details:
Contract Address:   <a title="See this address on the blockchain explorer" href="https://etherscan.io/address/0x1c4481750daa5ff521a2a7490d9981ed46465dbd" class="ext-etheraddresslookup-link" target="_blank">0x1c4481750daa5ff521a2a7490d9981ed46465dbd</a>Token Decimals:    18

You can also check with your address using the balanceOf function on this page https://etherscan.io/address/0x1c4481750daa5ff521a2a7490d9981ed46465dbd#readContract

[BlockMason]

IMPORTANT: If you’re not on the whitelist you must wait until Oct 8 at UTC 1600 to buy. Many people are sending Ether to the BlockMason sales contract. More than half of it is being rejected. This is because you MUST be on the whitelist to buy.

Also, we know that some individuals are selling hundreds of whitelist addresses. These are not safe. All whitelist addresses being sold can be stolen from, because the seller still has the private key. Do not buy these.

On a positive note, we are happy to announce that the allotted whitelist sale period was a success! Our early supporters were able to participate and most got the bonus they wanted. There will be an additional period to purchase tokens for whitelisted customers on Oct 6 at UTC 1600.

We’re preparing for the next phase of the sale which will be a short 2 day period where whitelisted customers can purchase an unlimited amount of tokens (up to the sale cap). This will be followed an opening of the sale to the public.

Here are the dates below:

Whitelist Unlimited Sale Starts Oct 6 at 1600 UTC.
Public Sale Starts Oct 8 at 1600 UTC.

Please be careful and don’t buy whitelisted addresses and watch out for scammers in chats. Our only sales contract is blockmason.eth don’t use anything else.

[Opurum]

Please, can someone give me answers here... I bought some B CPT tokens over 24 hrs now at the start of the sale. I transfer ETH for the transaction from my MEW wallet and expected the tokens I purchased to be sent into my wallet authomatically but that did not happen up till now. Please where or how can I locate my tokens.

[Opurum]

Many thanks to you all for assisting. I added the custom token as you instructed
and my BCPT reflected on my wallet. 

[BlockMason]

BlockMason Co-Founder Timothy Galebach was recently interviewed for a documentary being filmed about cryptocurrency by Andrew Levine the Community Liaison with Steemit Inc. 

Check out the video!
https://www.youtube.com/watch?v=i9ntxaWxEUI

[leps]

We will create a bounty thread in the coming days.  Thanks!

I am trying to find the bounty thread but I cannot find any. Can you link it to us please. Thank you

[BlockMason]

Introducing The Credit Protocol w/ co-founder Timothy Galebach

https://www.youtube.com/watch?v=S1wDzut3ynQ

[BlockMason]

https://medium.com/@BlockMason/blockmasons-credit-protocol-token-sale-opens-to-public-at-long-last-dd5f57cd201c

BlockMason's Credit Protocol ICO will open to the public on Oct 8 at UTC 1600. 

This will be the last chance for everyone to get bonuses on the tokens they buy.  Join now!

[rafzalan]

https://blockmason.io/projects/ico/ do not work very well, how could I find real values? how many token remain?

[BlockMason]

https://blockmason.io/projects/ico/ do not work very well, how could I find real values? how many token remain?

[rafzalan]

https://blockmason.io/projects/ico/ do not work very well, how could I find real values? how many token remain?

thanks get it, that was my fault.

[etherswitch]

Jaxx Announces the Forthcoming Addition of BlockMason to the Jaxx Wallet

9th October 2017 – Decentral Community Space – TORONTO – Decentral Inc, home of the Jaxx Blockchain Interface and the Decentral Community announced today that the BlockMason token, BCPT, will be integrated and available in the Jaxx ecosystem shortly.

“By integrating the tokens of exciting, new projects like the Credit Protocol, Jaxx is positioning itself to lead the way for the expansion of public-facing blockchain applications,” said Anthony Di Iorio, cofounder of Ethereum and CEO of Jaxx. “The Credit Protocol is a fundamental building block for the next phase of the blockchain economy and Jaxx is proud to serve a vital role in the development of that ecosystem.”

CPT holders may use their tokens to power applications of their own development, or in applications developed by other companies. BlockMason itself has recently released their first application built atop the Credit Protocol, Friend in Debt. While the Credit Protocol is a versatile platform for developers to build any variety of credit recording application, Friend in Debt is a simple and powerful program for tracking social debts among friends. Unlike Venmo, a centralized competitor, Friend in Debt is not restricted by borders, currency, or banking, and adds the ability to keep balances outstanding in addition to spot settlement. Its beta version is already deployed for public vetting on the testnet for anyone with a Metamask supported browser.

About Jaxx:

Jaxx is a multi-token blockchain wallet that provides a unified experience across 8 platforms and devices including Windows, Apple and Linux desktops, Apple and Android mobile devices and tablets, as well as a Google Chrome extension. The Jaxx wallet enables crypto-to-crypto buying and selling with frictionless in-wallet conversion. Users are always in control of their keys and Jaxx neither holds nor has access to customer funds. Driven by design and user experience and built with simplicity in mind, Jaxx’s mission is to become the interface to the blockchain world.

About BlockMason

BlockMason is a world-class developer of blockchain-based technology, whose products include the Foundation Protocol, the Credit Protocol, and Friend in Debt. Their mission is enriching the dapp ecosystem with secure and functional apps that are both immediately usable and possess the capacity to fundamentally transform our daily lives. Learn more about BlockMason at – https://blockmason.io Read the Credit Protocol Whitepaper at – http://blockmason.io/cp-whitepaper/  Contact Email: info@blockmason.io

http://decentral.ca/jaxx-announces-addition-blockmason-jaxx-wallet/

[Geronemo]

2 questions

1. When the crowdsale ends ?
2. Are BCPT trasferrable now (I want to send some tokens to friend )

[jlanzago]

It seems that Blockmason ICO is stalled on the last tokens that are not being sold. I blame this to the ICO structure - when there are large bonuses and some people got 50%, there is really no incentive to buy now. And no incentive to buy more, if you already invested. When ICOs have large bonuses, probably late investors are better off waiting for exchanges.

[BlockMason]

2 questions

1. When the crowdsale ends ?
2. Are BCPT trasferrable now (I want to send some tokens to friend )

It will either end when it sells out or on November 1st.  The tokens will be transferable when the sale ends.

[manolentor1492]

2 questions

1. When the crowdsale ends ?
2. Are BCPT trasferrable now (I want to send some tokens to friend )

It will either end when it sells out or on November 1st.  The tokens will be transferable when the sale ends.

hi, With the unsold coins that will happen?

[BlockMason]

2 questions

1. When the crowdsale ends ?
2. Are BCPT trasferrable now (I want to send some tokens to friend )

It will either end when it sells out or on November 1st.  The tokens will be transferable when the sale ends.

hi, With the unsold coins that will happen?

Unsold tokens go to BlockMason and will be sold at a later date.

[rafzalan]

It seems that Blockmason ICO is stalled on the last tokens that are not being sold. I blame this to the ICO structure - when there are large bonuses and some people got 50%, there is really no incentive to buy now. And no incentive to buy more, if you already invested. When ICOs have large bonuses, probably late investors are better off waiting for exchanges.

I have been in different ICO, more or less are the same as CP, at this moment the only last tire remains and investors have more than 2 weeks to buy them, you can see most of them will be sold in last days cuz investors like to keep their coins in hand specially when a possible hard fork is on the way.
BCPT is one of the best investment opportunity available right now.

[BlockMason]

http://announcements.blockmason.io/company-news-october-12-2017/

BlockMason has hired Roy Blankman as a consultant.
Roy graduated from the University of Michigan summa cum laude with a degree in Electrical Engineering and then entered Caltech on an Engineering and Applied Sciences Division Fellowship, from which he dropped out to work in the private sector. Prior to working in the blockchain space Roy worked as a machine learning consultant. He has found himself working more and more on Ethereum related blockchain projects and is happy to join the BlockMason team, consulting on projects that are more than just pie-in-the-sky ideas but will actually work with today's technology. His primary focuses will be smart contract prototyping, auditing, off-chain solutions, security, and proposals to formalize and solidify the blockchain ecosystem. Roy’s Github

Mainnet Deployment Schedule
Our plans to release the Credit Protocol onto the mainnet have changed. Instead of releasing it at the end of Q4 2017, we will be deploying the first version onto the mainnet within the next two weeks. While it should be considered a prototype, and will be upgraded rapidly to increase protocol and token functionality, all behavior related to token staking will be secure. As time has gone by and our solidity development experience has increased and with our preference for top quality developers, we believe we can increase the speed of the entire project's roadmap. Expect more good news on this front. Watch the progress live on our github:

Mobile DApp Browser
BlockMason has decided to build and release a standalone mobile Ethereum DApp browser. The current options for mobile DApp browsers are lacking, so we have decided to take the lead and release our own browser to fill this large need. It will be available on both iOS and Android. We are currently working on it in-house, but plan to hire a developer specifically for this task. Job Post.

Friend In Debt
With mainnet deployment and the mobile DApp browser problem solved Friend in Debt will work on your phone. We’re excited to be moving this along a lot faster than anticipated and will use this opportunity not only to debt our friends, but as a demonstration of the ease of launching a mobile DApp on the Credit Protocol.

[BlockMason]

http://announcements.blockmason.io/credit-protocol-token-sale-finishes/

BlockMason is proud to announce the conclusion of the Credit Protocol token sale. The remaining tokens were purchased by STI Group based in Hong Kong. BlockMason Co-Founder Michael Chin has been in close touch with them and was able to present our vision for the future of the Credit Protocol, a detailed technical walkthrough of our upcoming mainnet deployment of the protocol, and behind-the-scenes legal work to protect our intellectual property through patents and licenses. Through this STI was convinced that BCPTs represent a scare resource for developers going forward.

The end of the token sale represents a welcome change in priorities at BlockMason. Going forward we’re excited to give our full attention to the Credit Protocol and growing BlockMason the company as a leader in the blockchain space.

As we’ve previously announced the Credit Protocol and the beta version of Friend in Debt are nearly ready to go live on the mainnet. The auditing of the protocol is being handled by Roy Blankman who we just hired. Roy is also heavily involved in Bamboo and working closely with Yoichi Hirai of the Ethereum Foundation.

We have other projects in the pipeline as well. BlockMason is currently developing a standalone DApp browser which we will release for free and open source to the Ethereum community. We are also in the planning stages of writing additional UCACs for the Credit Protocol, some of which we previously hadn’t thought of and give an even more unique vision of what the Credit Protocol can be used for.

We’d like to thank all customers who participated in the Credit Protocol token sale and would like to let everyone know that we will provide technical support to all things Credit Protocol related at via email at support@blockmason.io

[jlanzago]

Congratulations on the conclusion of your token sale. Unfortunately I cannot join your telegram (seems like I was banned but I don't know why).

[rafzalan]

Great news, this is one of the best ICO i have seen in 2017, just hold and buy more.
I think many want to buy at last minutes but by this decision they lost a good opportunity to by at low.
And about telegram groups, I know that there is a regional restriction based on phone number, so please send all importants in different channels.   

[rafzalan]

where is exchange? how to buy more?

[rty397]

BCPT develops huge steps without any advertising. determined long term hold. Next step listing top exchange

[rafzalan]

where is exchange? how to buy more?

tradable at "https://etherdelta.com/#BCPT-ETH" buy below ICO price.

[Opurum]

I would love to buy more BCPT now. But transacting on Ether Delta remains a big challenge. The interface insn't friendly.

[manolentor1492]

I would love to buy more BCPT now. But transacting on Ether Delta remains a big challenge. The interface insn't friendly.

In coinmarketcap no list.

[buyingcoins]

Here's a step by step guide to setting up a wallet and buying BlockMason tokens: https://getcrypto.info/blockmason/

[Dennoo]

time to bring this baby to some exchanges like nova, topia, coinexchange.

[BlockMason]

BlockMason recognizes the need for low cost and easy to use marketplaces where Credit Protocol token holders can buy tokens if they find they need more for their projects and sell excess when they are oversupplied. Recognizing this need, BlockMason would like to support efforts to get the token listed on additional secondary markets. We hope these listings will make it easier, more secure and cheaper to acquire the tokens you need for your projects or to sell unneeded tokens. 

We will update everyone as soon as we have more news on exchanges.

[rafzalan]

I don't know why the price is lower than pre-ico on ED, but I believe in this project and see it as an opportunity to buy more.
I investigate a little on Etherscan and found one or two big addresses that sell at this low. anyway investors could profit from this low and hold more BCPT for their friends in debt  

[rafzalan]

From BlackMason: "Friend In Debt offers a jurisdiction agnostic social platform for creating and settling debts with friends on the blockchain"
Also from W.P: "Friend in Debt - Our First Demonstration of the Credit Protocol"

My question:
Is FiD a sample to show how this protocol works or you want to develop your own practical social platform with debt tracking feature?

[rafzalan]

today I'm here to tell you that the new version of Friend in Debt is in the final stages ....
https://announcements.blockmason.io/its-alive-friend-in-debt/
 

[CJValRage]

Hi BlockMason Team,

Quick question: how would investors make money off of the token given that it is a utility token? Like - naturally as an investor, I would want to invest in something that is going to be the best bang for the buck. That said, if these tokens are just essentially entries to the "highway" of the blockchain credit infrastructure, wouldn't the tokens have to always stay at a relatively low price point to encourage people to use said highway? Will the market for the tokens govern the future price? If so, could this theoretically price people out of the credit highway if it became extremely popular? That would then defeat the purpose of BlockMason Credit Protocol, no?

I would like to invest more, however, if there will be a theoretical cap on how much this utility token held will go for, I am not sure how much money I really want to put into it. Sorry if I have a misunderstanding of how it works.

To sum up: how exactly will token holders make money in the future as BlockMason Credit Protocol becomes successful? Will the token price be manipulated to never go past a certain point - or could their be significant profits reaped in the future provided Block Mason's success goes as planned?

Thanks in advance,

CJ

[rafzalan]

"Now, however, BlockMason has decided that all its future applications will be mobile only. "....
Read more from latest BlackMason's announcement:
https://announcements.blockmason.io/why-were-going-mobile/

[rafzalan]

Hi BlockMason Team,

Quick question: how would investors make money off of the token given that it is a utility token? Like - naturally as an investor, I would want to invest in something that is going to be the best bang for the buck. That said, if these tokens are just essentially entries to the "highway" of the blockchain credit infrastructure, wouldn't the tokens have to always stay at a relatively low price point to encourage people to use said highway? Will the market for the tokens govern the future price? If so, could this theoretically price people out of the credit highway if it became extremely popular? That would then defeat the purpose of BlockMason Credit Protocol, no?

I would like to invest more, however, if there will be a theoretical cap on how much this utility token held will go for, I am not sure how much money I really want to put into it. Sorry if I have a misunderstanding of how it works.

To sum up: how exactly will token holders make money in the future as BlockMason Credit Protocol becomes successful? Will the token price be manipulated to never go past a certain point - or could their be significant profits reaped in the future provided Block Mason's success goes as planned?

Thanks in advance,

CJ

Looks like devs leave bitcointalk and decide to be more active on telegram.
So I as an investor want to share my thoughts about the above argue.
BCPT is utility token with constant supply of 116,158,667, network benefits from low fee and it is not necessary equals low price for BCPT because like Ethereum platform fee could be a small fraction of BCPT also in some cases user stakes BCPT and I think therefore, a smaller amount is needed for the same amount of credit in the case of more expensive BCPT.
I think all (users, network, holders, developers) will benefit from more expensive BCPT.

[BlockMason]

From BlackMason: "Friend In Debt offers a jurisdiction agnostic social platform for creating and settling debts with friends on the blockchain"
Also from W.P: "Friend in Debt - Our First Demonstration of the Credit Protocol"

My question:
Is FiD a sample to show how this protocol works or you want to develop your own practical social platform with debt tracking feature?

Both.  It's our first example of a working UCAC built on the protocol, but we also want to make it a big mainstream app that everyone in the world uses. 

[BlockMason]

Hi BlockMason Team,

Quick question: how would investors make money off of the token given that it is a utility token? Like - naturally as an investor, I would want to invest in something that is going to be the best bang for the buck. That said, if these tokens are just essentially entries to the "highway" of the blockchain credit infrastructure, wouldn't the tokens have to always stay at a relatively low price point to encourage people to use said highway? Will the market for the tokens govern the future price? If so, could this theoretically price people out of the credit highway if it became extremely popular? That would then defeat the purpose of BlockMason Credit Protocol, no?

I would like to invest more, however, if there will be a theoretical cap on how much this utility token held will go for, I am not sure how much money I really want to put into it. Sorry if I have a misunderstanding of how it works.

To sum up: how exactly will token holders make money in the future as BlockMason Credit Protocol becomes successful? Will the token price be manipulated to never go past a certain point - or could their be significant profits reaped in the future provided Block Mason's success goes as planned?

Thanks in advance,

CJ

What is the core value of your coin?
 BCPT produces transactions that power the Credit Protocol.  The tokens, when staked to applications built atop the protocol provide transaction capacity allowing those apps to run.  Without the token, the application would not have write access.

Why would the value increase over time?
  It would increase over time as demand rose for applications based on the Credit Protocol. As the protocol represents a scarce, desirable resource, backed by patent applications, copyright, and an ability and willingness to protect that intellectual property, an increase in value is very likely as credit recording on the blockchain becomes a standard use case.

Why would the value increase faster than BTC or ETH?
  The current price of the token represents the price of the protocol before developers and the public understand the full potential of credit recording. The value and use cases of BTC and ETH are already substantially known. As applications based on the protocol spread, developed by our team or by 3rd parties, the value of BCPT will likely rise faster than BTC or ETH as that information gap closes.

[rafzalan]

For who find this project interesting:
ATM you can buy 2500 BCPT for 1 ETH, and this is much lower than 50% bonus in first round of pre-sale (1500 for 1ETH) and lower than private sale (2000 for 1ETH)
https://etherdelta.com/#BCPT-ETH

[dr_thuytien]

I am waiting for the fourth quarter of the year, when Mobile data browser might be released as the roadmap mentioned. Please keep up your good work, devs.

[rafzalan]

HOME
28 OCTOBER 2017
Centralized is BADDDDD!!!! ...right?
Overview
Centralized apps are bad. Everyone knows this: if you want your blockchain idea to sound good, you just say that's its decentralizing something. Money, funding, love...you name it, it should be decentralized!

Well, a key component of our initial Fiddy (Friend in Debt) implementation is centralized, and we think that's a good thing.

But is that true? What if some aspects of decentralization that are useful, but others are useless or actively harmful?

What Blockchains Are Good for
It's important to understand what blockchains, in their current form, are good for, and what they don't do well.

Blockchains are awesome at taking processes that required bureaucracy to guarantee storage and trust, and offloading those while keeping the same guarantees. They also excel at simplifying processes that require lots of human mental effort to track or monitor.

Our Needs
Fiddy (and Credit Protocol) needs both of those features. People either offload tracking of money and debts to banks (bureaucracy guaranteeing storage and trust), the cloud (mental effort), or pen-and-paper (mental effort). By both recording debts on the blockchain and requiring both parties to confirm the debt, Fiddy takes advantage of the best features of the blockchain.

However, large public blockchains suck at speed and cost. And if we want people to use Fiddy, we need speed and low cost, otherwise we'll just have an ideologically pure app that no one gives a shit about.

The solution we've chosen is an architecture that makes certain decentralized guarantees for Fiddy, and then puts the rest of the information in centralized systems.

Guarantees Fiddy Makes
All debts are recorded on the blockchain
All Eth addresses that created those debts are recorded on the blockchain
Memos saying what the debt is for are recorded on the blockchain
Both users must have cryptographically signed in order for the debt to exist
If everyone from BlockMason died in a plane crash tomorrow (or a freak gardening accident, or any type of disastrous event, really), users could recreate all data from Fiddy and keep going as if we had never existed
How Fiddy Uses Centralization
Fiddy centralizes all operations that are short-term, and don't form part of the permanent debt record. The main portions of that are:

Friend requests between users
Pending debts and friendships
Holding debts that are signed by one party until the other party signs or rejects the debt
Notice that all of these operations are essentially temporary, and also ones that users don't want or need to pay for. By centralizing them, we create a much smoother user experience, while preserving all the key features of decentralized, trustless debt recording.

Final Thoughts
Most dapps will have this pattern: a high-value, decentralized core, with lots of centralized infrastructure around it to make it accessible and clean for end-users. It's important to understand exactly what the key value propositions of your dapp are: the design will flow directly from that understanding and analysis.

If you like thinking about the boundaries between centralized and decentralized systems, you should join our Telegram and yell about things you want to see in future blog posts. I'll probably make fun of you for yelling, and then write about those things.

Timothy Galebach
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Sunday Funday: Art and Other Things

Something a little lighter for the weekend before the product and hiring announcements start up next week... Stickers 97.4% of crypto action happens on Telegram, and we want to provide the stickers

TIMOTHY GALEBACH
Fiddy Updates

BlockMason is making a ton of progress on our first app on top of the credit protocol, Fiddy (Friend in Debt), and I just wanted to update you on exactly where we're at.

TIMOTHY GALEBACH
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[rafzalan]

HOME
30 OCTOBER 2017
Sunday Funday: Art and Other Things
Something a little lighter for the weekend before the product and hiring announcements start up next week...

Stickers
97.4% of crypto action happens on Telegram, and we want to provide the stickers that drive the experience and build up hype across chats.

We're having artists work in their spare time on this, and now have a big pack of Mason stickers that we're going to release next week. They're a bit goofy, but it's an easy way to spread the word about the project.

We also want your ideas: tell us in chat about all the stickers you want, no matter how wacky they are, and we'll make them happen if they make Tim laugh.

2017-10-30-08.08.20

Comics
Also as a fun thing in our downtime, we're preparing a more narrative series of comics in the style of Calvin and Hobbes meets Rick and Morty. It's still in the planning stages, but the initial story arcs will be happening quite soon.

This Week
We've finished interviewing and testing a couple new hires in programming, corporate structure, and operations/admin. We'll be announcing everyone over the next few days as we finalize the terms of their employment. Really excited!

Timothy Galebach
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Centralized is BADDDDD!!!! ...right?

A key component of our initial Fiddy (Friend in Debt) implementation is centralized, and we think that's a *good* thing.

TIMOTHY GALEBACH
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[rafzalan]

Wonderful idea plus active development, this token will be the best of 2018.
Only buy and hold.

[rafzalan]

HOME
31 OCTOBER 2017
How Do Credit Protocol Tokens Work With Apps?
Since the first mainnet example apps are about to go live, I figured this would be a good time to explain how tokens work, and how app providers can acquire and use them.

Token Usage
Tokens are staked to a UCAC
Each token gives a certain number of transactions per hour
A transaction is a write operation (updating the balance of a debt between two parties)
The number of tokens needed to do a transaction can be updated by BlockMason currently -- in the future, we will make this community or market-driven
Tokens are not "burned" when used, they simply have to wait an hour to be usable again
Token Staking
Tokens can be staked by ANYONE who owns tokens
Tokens are staked to UCACs
UCAC operators can choose to reward stakers if they want (example code for that coming soon)
Staking actually transfers tokens to the Credit Protocol contract (to prevent double-spend), but they can be returned to users at any time
How Do You Get Tokens for Apps?
Have them from the ICO sale
Buy them from someone else in a private sale or on a secondary market
Receive them in an airdrop (details to follow)
We at BlockMason are excited to see this all goes, and we are going to monitor early usage of tokens quite closely to figure out the best mechanisms for balancing the Credit Protocol ecosystem going forward.

Timothy Galebach
Read more posts by this author.
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Sunday Funday: Art and Other Things

Something a little lighter for the weekend before the product and hiring announcements start up next week... Stickers 97.4% of crypto action happens on Telegram, and we want to provide the stickers

TIMOTHY GALEBACH
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© 2017
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Ghost

[rafzalan]

Very good explanation of bcpt usage, we need to know the ether part.
I think user should pay ether to stake bcpt, and may also pay for each transaction, but transactions need both parties signature, what if one pay for transaction but the other do not sign it?

[rafzalan]

Do you think friends are willing to write their debts on block chain?
Looks a bit unfriendly.
But using a kyc service and some bcpt anyone chould borrow some money from block mason community. Ok?
Interesting

[manolentor1492]

When more exchanges? bittrex, cryptopia? i see only ehterdelta and volume is down.

[rafzalan]

When more exchanges? bittrex, cryptopia? i see only ehterdelta and volume is down.

There is an announcement about being on shapeshift.

[rafzalan]

Today volume have significantly increased, now bcpt have the first rank on ED:
https://coinmarketcap.com/exchanges/etherdelta/

[woodkid]

Today volume have significantly increased, now bcpt have the first rank on ED:
https://coinmarketcap.com/exchanges/etherdelta/

Yeah, i've seen that too. Looks like it's going up short term.

[fightingflask]

why do you need blockchain for this project?

[rafzalan]

why do you need blockchain for this project?

My idea in a sentence:
BlockChain help us working with cash, in the same manner it could help creating, moving and spending credit.
Even in the case of credit it could be more helpful because we have many off chain tools to work with cash but it is not true when dealing with credit.

[rafzalan]

what platforms do you use on your token?

It is on Ethereum. tradable on EtherDelta.
Dapp will be on mobile (both android and ios)
First one will be launched soon (https://github.com/blockmason/fiddy-mobile)
Before it, a web based version is developed using meta-mask, but they decide to switch to mobile (http://announcements.blockmason.io/why-were-going-mobile/)

[rafzalan]

Will be a AMA session with blockmasons on telegram.
https://www.timeanddate.com/countdown/generic?iso=20171107T14&p0=377&msg=Blockmason+Ask+Me+Anything&font=cursive

[timblockmason]

AMA is here:

https://www.reddit.com/r/blockmason/comments/7bf5bd/blockmason_ama_with_timothy_galebach_and_michael/

[rafzalan]

AMA is here:

https://www.reddit.com/r/blockmason/comments/7bf5bd/blockmason_ama_with_timothy_galebach_and_michael/

"First product's mobile app and server are finished internally, and we're testing now to get it in your hands in 5-14 days."

[manolentor1492]

It will be nice to see how we grow together, the app will surely be magnificent and will cover a lot of financial markets full of bureaucracy and that will create the need to use bcpt by all, greetings.

[stek33]

what was the ICO price?

[rafzalan]

what was the ICO price?

Much more than ED

[stek33]

what was the ICO price?

Much more than ED

ED - today?

[manolentor1492]

Any people know if block mason work in any exchange???

[Opurum]

It will be nice to see how we grow together, the app will surely be magnificent and will cover a lot of financial markets full of bureaucracy and that will create the need to use bcpt by all, greetings.

BCPT is Awesome! Doing great in the last couple of days.

[manolentor1492]

It will be nice to see how we grow together, the app will surely be magnificent and will cover a lot of financial markets full of bureaucracy and that will create the need to use bcpt by all, greetings.

BCPT is Awesome! Doing great in the last couple of days.

I think it's great, but it becomes necessary that they begin to worry about appearing in the lists of some important exchanges, in this way we will really see their potential.

[Opurum]

Doesanyone  know what drove bcpt up and so fast to around 89% in the last few hours? Will the gains hold or not?

[rafzalan]

Doesanyone  know what drove bcpt up and so fast to around 89% in the last few hours? Will the gains hold or not?

This is only my suggestion that the reason is up-coming news about new exchange, big players are filling their pocket with low value token to sell higher at new exchanges.

[manolentor1492]

Doesanyone  know what drove bcpt up and so fast to around 89% in the last few hours? Will the gains hold or not?

This is only my suggestion that the reason is up-coming news about new exchange, big players are filling their pocket with low value token to sell higher at new exchanges.

By the time they have said that the new exchanges will arrive? I do not have access to the telegram, thank you.

[rafzalan]

Doesanyone  know what drove bcpt up and so fast to around 89% in the last few hours? Will the gains hold or not?

This is only my suggestion that the reason is up-coming news about new exchange, big players are filling their pocket with low value token to sell higher at new exchanges.

By the time they have said that the new exchanges will arrive? I do not have access to the telegram, thank you.

Listing on exchanges for a Ethereum token with millions of dollar recourse is an easy task that could be done in a short time. This will happen soon.

[cryptobuyologist]

Listing on Binance:
https://support.binance.com/hc/en-us/articles/115002744272

[manolentor1492]

Listing on Binance:
https://support.binance.com/hc/en-us/articles/115002744272

Great news, see price to the moon in few days.

[Opurum]

Listing on Binance:
https://support.binance.com/hc/en-us/articles/115002744272

Great news, see price to the moon in few days.

Binance isn't working fine for me. It has login issues, but I will check to see if they have fixed that. Mercatox would have been a better listing.

[rafzalan]

Listing on Binance:
https://support.binance.com/hc/en-us/articles/115002744272

Great news, see price to the moon in few days.

Binance isn't working fine for me. It has login issues, but I will check to see if they have fixed that. Mercatox would have been a better listing.

they are also on Kucoin

[BlockMason]

Binance has formally announced its listing of the BCPT token by Blockmason.
http://www.livebitcoinnews.com/binance-lists-blockmasons-bcpt/

[Opurum]

Binance has formally announced its listing of the BCPT token by Blockmason.
http://www.livebitcoinnews.com/binance-lists-blockmasons-bcpt/

Yea, but that isn't giving the anticipated impact on BCPT market price.

[CJValRage]

BlockMason,

Here is an article I found online that speaks of, what seems to be, MasterCard filing a patent to do the same thing the Credit Protocol seeks to do: https://earlyinvesting.com/big-banks-join-blockchain-revolution/

Excerpt:

Mastercard: Daily transactions are mounting, as are the challenges to capture, store and protect all the transactional data that credit card companies collect.

Mastercard is turning to the blockchain for a possible solution. It recently filed a patent for the creation of a blockchain-based “uniform settlement system.” Basically, Mastercard wants to create a ledger to store a verifiable and immutable record of data, such as purchase orders, invoices and transaction data.

Among other things, doing so would vastly enhance the security of the data it collects. This is no small thing in light of the massive Equifax breach.

[end excerpt]

A couple of questions:

1) Is what MasterCard doing essentially the same as what the Credit Protocol is doing in that they "...want to create a ledger to store a verifiable and immutable record of datas, such as purchase orders, invoices and transaction data"?

2) Were you aware that MasterCard filed such a patent?

Thanks for your time!

[Opurum]

BlockMason,

Here is an article I found online that speaks of, what seems to be, MasterCard filing a patent to do the same thing the Credit Protocol seeks to do: https://earlyinvesting.com/big-banks-join-blockchain-revolution/

Excerpt:

Mastercard: Daily transactions are mounting, as are the challenges to capture, store and protect all the transactional data that credit card companies collect.

Mastercard is turning to the blockchain for a possible solution. It recently filed a patent for the creation of a blockchain-based “uniform settlement system.” Basically, Mastercard wants to create a ledger to store a verifiable and immutable record of data, such as purchase orders, invoices and transaction data.

Among other things, doing so would vastly enhance the security of the data it collects. This is no small thing in light of the massive Equifax breach.

[end excerpt]

A couple of questions:

1) Is what MasterCard doing essentially the same as what the Credit Protocol is doing in that they "...want to create a ledger to store a verifiable and immutable record of datas, such as purchase orders, invoices and transaction data"?

2) Were you aware that MasterCard filed such a patent?

Thanks for your time!

As it stands Blockmason has gone beyond the concept stage of this transactional recording idea with a successful ICO and release of the first App in that direction and should rightly get the patent right since we are yet to see any such project from MasterCard. Could it be that MasterCard sees potentials in the BCPT concept in the financial sector? I can only imagine how my BCPT tokens will soar assuming MC decides to adopt BCPT instead of embarking on a similar project.

[CJValRage]

BlockMason recognizes the need for low cost and easy to use marketplaces where Credit Protocol token holders can buy tokens if they find they need more for their projects and sell excess when they are oversupplied. Recognizing this need, BlockMason would like to support efforts to get the token listed on additional secondary markets. We hope these listings will make it easier, more secure and cheaper to acquire the tokens you need for your projects or to sell unneeded tokens. 

We will update everyone as soon as we have more news on exchanges.

BlockMason,

Does that mean that the price of the token will be manipulated to stay low? What about fractional tokens? Let's assume for discussion sake that the token will be market driven and ends up being $150.00 per token eventually. Could someone develop using a Credit Protocol token by only purchasing half that amount - hypothetically having .5 CP token? If not, how is it possible to not eventually control the price of the token in order to keep the price low? Sorry if I am misunderstanding something or you have answered something similar elsewhere.

[CJValRage]

As it stands Blockmason has gone beyond the concept stage of this transactional recording idea with a successful ICO and release of the first App in that direction and should rightly get the patent right since we are yet to see any such project from MasterCard. Could it be that MasterCard sees potentials in the BCPT concept in the financial sector? I can only imagine how my BCPT tokens will soar assuming MC decides to adopt BCPT instead of embarking on a similar project.
[/quote]

The CP is definitely promising and I am holding long-term. I just hope there is some sort of nuance that I do not yet understand about the Credit Protocol that separates it from what MasterCard is doing. If its the same concept, and MasterCard happened to file the patent first - what does that mean for the Block Mason Credit Protocol? I hope they come on here and answer relatively soon.

[Opurum]

BlockMason recognizes the need for low cost and easy to use marketplaces where Credit Protocol token holders can buy tokens if they find they need more for their projects and sell excess when they are oversupplied. Recognizing this need, BlockMason would like to support efforts to get the token listed on additional secondary markets. We hope these listings will make it easier, more secure and cheaper to acquire the tokens you need for your projects or to sell unneeded tokens. 

We will update everyone as soon as we have more news on exchanges.

BlockMason,

Does that mean that the price of the token will be manipulated to stay low? What about fractional tokens? Let's assume for discussion sake that the token will be market driven and ends up being $150.00 per token eventually. Could someone develop using a Credit Protocol token by only purchasing half that amount - hypothetically having .5 CP token? If not, how is it possible to not eventually control the price of the token in order to keep the price low? Sorry if I am misunderstanding something or you have answered something similar elsewhere.

I personally understand "low cost, and easy to use marketplace" to mean exchange platforms with low transaction fees and easy to use interfaces.

[rafzalan]

BlockMason recognizes the need for low cost and easy to use marketplaces where Credit Protocol token holders can buy tokens if they find they need more for their projects and sell excess when they are oversupplied. Recognizing this need, BlockMason would like to support efforts to get the token listed on additional secondary markets. We hope these listings will make it easier, more secure and cheaper to acquire the tokens you need for your projects or to sell unneeded tokens. 

We will update everyone as soon as we have more news on exchanges.

BlockMason,

Does that mean that the price of the token will be manipulated to stay low? What about fractional tokens? Let's assume for discussion sake that the token will be market driven and ends up being $150.00 per token eventually. Could someone develop using a Credit Protocol token by only purchasing half that amount - hypothetically having .5 CP token? If not, how is it possible to not eventually control the price of the token in order to keep the price low? Sorry if I am misunderstanding something or you have answered something similar elsewhere.

I personally understand "low cost, and easy to use marketplace" to mean exchange platforms with low transaction fees and easy to use interfaces.

BCPT price also will be a function of number of transaction that each token could carry without an hour rest.
we should wait to see their strategy I think many of this parameters are unknown for blackmasons at this moment.

[CJValRage]

BlockMason,

Here is an article I found online that speaks of, what seems to be, MasterCard filing a patent to do the same thing the Credit Protocol seeks to do: https://earlyinvesting.com/big-banks-join-blockchain-revolution/

Excerpt:

Mastercard: Daily transactions are mounting, as are the challenges to capture, store and protect all the transactional data that credit card companies collect.

Mastercard is turning to the blockchain for a possible solution. It recently filed a patent for the creation of a blockchain-based “uniform settlement system.” Basically, Mastercard wants to create a ledger to store a verifiable and immutable record of data, such as purchase orders, invoices and transaction data.

Among other things, doing so would vastly enhance the security of the data it collects. This is no small thing in light of the massive Equifax breach.

[end excerpt]

A couple of questions:

1) Is what MasterCard doing essentially the same as what the Credit Protocol is doing in that they "...want to create a ledger to store a verifiable and immutable record of datas, such as purchase orders, invoices and transaction data"?

2) Were you aware that MasterCard filed such a patent?

Thanks for your time!

Here is the link to the MasterCard patent filed in May of 2016: http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=1&p=1&f=G&l=50&d=PG01&S1=20170323294.PGNR.&OS=dn/20170323294&RS=DN/20170323294

[BlockMason]

BlockMason,

Here is an article I found online that speaks of, what seems to be, MasterCard filing a patent to do the same thing the Credit Protocol seeks to do: https://earlyinvesting.com/big-banks-join-blockchain-revolution/

Excerpt:

Mastercard: Daily transactions are mounting, as are the challenges to capture, store and protect all the transactional data that credit card companies collect.

Mastercard is turning to the blockchain for a possible solution. It recently filed a patent for the creation of a blockchain-based “uniform settlement system.” Basically, Mastercard wants to create a ledger to store a verifiable and immutable record of data, such as purchase orders, invoices and transaction data.

Among other things, doing so would vastly enhance the security of the data it collects. This is no small thing in light of the massive Equifax breach.

[end excerpt]

A couple of questions:

1) Is what MasterCard doing essentially the same as what the Credit Protocol is doing in that they "...want to create a ledger to store a verifiable and immutable record of datas, such as purchase orders, invoices and transaction data"?

2) Were you aware that MasterCard filed such a patent?

Thanks for your time!

Here is the link to the MasterCard patent filed in May of 2016: http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=1&p=1&f=G&l=50&d=PG01&S1=20170323294.PGNR.&OS=dn/20170323294&RS=DN/20170323294

CJValRage, thank you for your message!

To answer your question if we are aware that MasterCard filed this patent - we're always watching the space and are generally aware of most things that are happening.

At Blockmason we've built a system for recording credits and debts through double confirmation and this is the specific patent we're applying for. This allows individuals and entities to tap into existing mechanisms for debt transactions without the red tape of banks, lawyers, and other trust institutions.

We hope this answers your questions!
BM Team

[MsCollec]

Is this under ico price

[rafzalan]

Is this under ico price

Related to the tier / bonus  or which pair USD / ETH, your answer could be yes.
I think BHCP at $0.2 & 0.0006ETH is interesting to buy.

Fellow Binancians,

To celebrate Blockmason listing on Binance, we have committed 350,000 BCPT to give away to our fans worldwide. We are pleased to announce the launch of our BCPT Trading Competition. Users will be ranked from 1st to 100th based on their total net purchase of BCP on Binance (calculated as total buys minus total sells) during the promotion period. Users will only be eligible for the competition if they do not withdraw any BCPT during the 7-day competition period.

1st: 100k BCPT
2nd: 75k BCPT
3rd: 50k BCPT
4th-50th: split a pool of 75k BCPT
51st-100th: split a pool of 50k BCPT

The Competition will run from 2017/11/17 0:00 AM to 2017/11/24 0:00 AM (UTC Time).

BCPT distribution time: 2017/11/30.

Note:

Binance reserves the right to cancel or amend the Competition or Competition Rules at our sole discretion.
All trades that we deem to be “wash trades” will not count towards your total trading volume for the BCPT Trading Competition.
Thank you for your support!

Binance Team

2017/11/16

Find us on

I think the price will move before 2017/11/24 because of the buy competition in Binance.
And after that we will have good news from BlockMasons about release of FID on android.
BCPT is one of the best tokens to buy.

[Cruelmoon]

"I think the price will move before 2017/11/24 because of the buy competition in Binance.
And after that we will have good news from BlockMasons about release of FID on android.
BCPT is one of the best tokens to buy."

from my respect i see in binance exchange volume is very low, why do you think the price will increase over than ICO.

after 24/11/2017 event binance will end and the volume will lower than now. It's mean no volume to make a price increase.

and after 30/112017 when reward coin income to your wallet who will got reward coin will sold it for sure because that is a free coin and made the price going down.

Any comment are welcome just share my opinion , i also buy BCPT and stuck it can't sold now haha.

[rafzalan]

@Cruelmoon
Yes everything is possible, it is crypto.
The most important thing for me is development
you can see in github repos development is in steady progress both for back-end and front-end sides:

• https://github.com/blockmason/lndr/commits/master
  
• https://github.com/blockmason/fiddy-mobile/commits/develop
  

That makes me hopeful
Anyway we should wait.

[CJValRage]

BlockMason,

Here is an article I found online that speaks of, what seems to be, MasterCard filing a patent to do the same thing the Credit Protocol seeks to do: https://earlyinvesting.com/big-banks-join-blockchain-revolution/

Excerpt:

Mastercard: Daily transactions are mounting, as are the challenges to capture, store and protect all the transactional data that credit card companies collect.

Mastercard is turning to the blockchain for a possible solution. It recently filed a patent for the creation of a blockchain-based “uniform settlement system.” Basically, Mastercard wants to create a ledger to store a verifiable and immutable record of data, such as purchase orders, invoices and transaction data.

Among other things, doing so would vastly enhance the security of the data it collects. This is no small thing in light of the massive Equifax breach.

[end excerpt]

A couple of questions:

1) Is what MasterCard doing essentially the same as what the Credit Protocol is doing in that they "...want to create a ledger to store a verifiable and immutable record of datas, such as purchase orders, invoices and transaction data"?

2) Were you aware that MasterCard filed such a patent?

Thanks for your time!

Here is the link to the MasterCard patent filed in May of 2016: http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=1&p=1&f=G&l=50&d=PG01&S1=20170323294.PGNR.&OS=dn/20170323294&RS=DN/20170323294

CJValRage, thank you for your message!

To answer your question if we are aware that MasterCard filed this patent - we're always watching the space and are generally aware of most things that are happening.

At Blockmason we've built a system for recording credits and debts through double confirmation and this is the specific patent we're applying for. This allows individuals and entities to tap into existing mechanisms for debt transactions without the red tape of banks, lawyers, and other trust institutions.

We hope this answers your questions!
BM Team

Thanks for the clarification BlockMason! This makes me even more excited to be a part of what you all are developing!

[BlockMason]

Article about BlockMason from Seeking Alpha:
https://seekingalpha.com/article/4126231-blockmason-credit-protocol-high-risk-high-reward-situation

[Cruelmoon]

@Cruelmoon
Yes everything is possible, it is crypto.
The most important thing for me is development
you can see in github repos development is in steady progress both for back-end and front-end sides:

• https://github.com/blockmason/lndr/commits/master
  
• https://github.com/blockmason/fiddy-mobile/commits/develop
  

That makes me hopeful
Anyway we should wait.

Sure i will wait because i can’t sold it. If you see the chart trend and volume you will see no one interest to buy bcpt anymore at binance. This event time volume should be high but now it’s diffrence. Today i trial to set sold order in 25 eth price around 0.00063 and the thing happen is no one bought it!!! Just only 25 eth what happen of this coin!!! Now only automatic program trading in binance no human now  . Whatever about deverloper i hope it will be great and made price back over ico. For me i’m inverstor i want the profit. This coin is good in roadmap but not good for promote and advertisement.

[MsCollec]

What's the road map for development? When and what is coming

[BlockMason]

Kucoin lists Blockmason Credit Protocol BCPT.
http://announcements.blockmason.io/blockmason-credit-protocol-is-listed-on-kucoin/

[rafzalan]

What's the road map for development? When and what is coming

Before ICO BlockMasons implemented different use cases for credit-protocol and after ICO with the following announcement they decide to being mobile (http://announcements.blockmason.io/why-were-going-mobile/).
Now we are waiting for mobile version of Lender (formerly FiD) to be released.

One related announcement about FiD: http://announcements.blockmason.io/its-alive-friend-in-debt/
Lender website: http://lndr.io

[btcbringer]

Kucoin lists Blockmason Credit Protocol BCPT.
http://announcements.blockmason.io/blockmason-credit-protocol-is-listed-on-kucoin/

Glad to see more exchanges list BCPY, but does anyone ever heard of this exchange, is it safe and reliable?

[BlockMason]

What's the road map for development? When and what is coming

MsCollec, there's an old road map in the white paper, but we will be revamping it soon, as a lot has changed, and our actual pace is much faster. We are preparing an update announcement along with a tech release so stay tuned!

[rafzalan]

To be honest, i dont like this kind of AirDrop (binance competition),
firstly because it helps rich get richer
 and
secondly, me and many from different countries cant login binanece.

[BlockMason]

Announcement: Preparing for Launch - And the Road Ahead!
http://announcements.blockmason.io/preparing-for-launch-and-the-road-ahead/

[CryptoEarning]

 

[BlockMason]

Blockmason Legal Team Presents at MIT Event in Cambridge, MA on Friday, December 8.
http://announcements.blockmason.io/blockmason-legal-team-presents-at-mit-event-in-cambridge-ma-patent-and-sec-attorneys-talk-shop-on-icos-and-blockchain-companies/

[BlockMason]

Announcement

Lndr Almost Here...

The development of Lndr continues at full speed. We’re very happy with the progress we’ve made and want to share some updates on its progress. Although technical, you can always view the ongoing progress on our github at https://github.com/blockmason.

For those who weren’t familiar with our beta version of Friend in Debt, which was our internal name for what has now become Lndr. The basic idea behind Lndr is a permanent, immutable and double confirmed debt between two friends on the blockchain. Let me give you an example. You and another friend go out to dinner and one of you pays the bill. You want to record that the other person owes you money, but don’t really care about her paying you now. You just want her to pay for the next dinner or something. With Lndr, you can record that debt and then next time when your friend pays for dinner she can erase that debt.

So why is Lndr on the Blockchain? What benefit are we getting? One thing that we have to remember about every other non blockchain app in the universe is that the data stored within them is impermanent. What does it mean for data to be impermanent? It means hackers can come in and change it, the company storing the data can change it or the company could go out of business and all your data could disappear tomorrow. But with the blockchain, that doesn’t happen. As long as the Ethereum blockchain keeps chugging along, the data stored in Lndr never disappears. If Blockmason one day stopped supporting Lndr and there was no version available for your iPhone XXI another company could easily build their own front-end and tap into that same exact data set. That data will always be there and when you boot up this new app by this new company the same exact debts and credits you had with your friends before are still there.

Another gigantic advantage of the blockchain is that unlike banks, the blockchain doesn’t discriminate. Even if a bank won’t give you a bank account, even if you can’t get a credit card, the blockchain will let you use its payment network. This won’t be implemented until version two, but Lndr allows for the settlement of debts with cryptocurrency. This means there is a universal banking solution for everyone, everywhere in the world.

There are so many other things to write about how amazing Lndr is and how amazing the Credit Protocol is, but for now let’s talk about where the app stands.
We are preparing for Lndr to be released very soon to the Android App Store and the Apple App Store. Our basic version with initial functionality is nearly prepared. This means that you will be able to add friends and double confirm debts and credits through the Ethereum blockchain. We’ll be following releasing more posts soon about Lndr’s features and other cool things that can happen with crypto because of Lndr’s existence.


// Blockmason Team

*To see original post, follow the link: http://announcements.blockmason.io/lndr-almost-here/

[rafzalan]

Thanks @BlockMason for good support and unequivocal explanation about current situation of Lndr project.
Do you have the same strategy for Gift?
Are they going to be different apps? or maybe you want to expand Lndr by merge Gift into?

[BlockMason]

Thanks @BlockMason for good support and unequivocal explanation about current situation of Lndr project.
Do you have the same strategy for Gift?
Are they going to be different apps? or maybe you want to expand Lndr by merge Gift into?

Thanks for your question! We're currently reevaluating our strategy with Gift, if we build the app it would be its own separate app.  We think there are lots of interesting ideas of what can be built with the Credit Protocol and are currently exploring what our best next step is after the first release of Lndr.

[BlockMason]

Big news! BCPT is now live on Cryptopia.

https://twitter.com/Cryptopia_NZ/status/933819199759163392

[BlockMason]

Happy Thanksgiving! 🦃🍁
Here is our tech update for today and we hope it finds you well.

We have been working hard to release Lndr, our first dapp built on top of the Credit Protocol. We have also been documenting both CP and our dapp architecture to empower the community to build on top of CP and create any and every kind of dapp.

Lndr Updates
Lndr is getting closer to its release, and today the team resolved some issues with the overly slow account creation process on Android while also cleaning up the UX. We have successfully built an APK and will be releasing the alpha soon! In the meantime, you can subscribe for updates at lndr.io and we will keep you posted on the progress.

Documentation Updates
We have laid out how our team approaches dapp architecture, how to CP works, and how to build on top of CP. We will be releasing this documentation as a series of blog posts and you can find all of the documentation (including in-progress docs), along with example contracts, tests, and more in this repo: https://github.com/block…/dev-updates/…/master/2017-11-23.md

[herma]

BlockMason ( BCPT ) is list new exchange Cryptopia

https://twitter.com/Cryptopia_NZ/status/933819199759163392

https://www.cryptopia.co.nz/Exchange?market=BCPT_BTC

Congratulation !

Wish you very happy trading !

[rafzalan]

this competition is over "https://support.binance.com/hc/en-us/articles/115002790072-BCPT-Trading-Competition".
is there any page to list positions?

[rafzalan]

The BCPT Trading Competition has now concluded.
Check your bounty:
https://support.binance.com/hc/en-us/article_attachments/115003639671/BCPT.xlsx

https://support.binance.com/hc/en-us/articles/115002995212

[BlockMason]

Good analysis of BCPT and Credit Protocol, and while this post headlines “investment,” the text accurately describes BCPT as a product-use token, so make sure to try out Credit Protocol and upcoming Lndr to see if they meet your needs as a developer or user.

To read original post, follow the link: https://www.reddit.com/r/blockmason/comments/7f72kb/why_blockmason_bcpt_is_a_good_investment/

--
Hello Crypto Enthusiasts,
Today I want to post about why I invested in the very promising project that is the Blockmason Credit Protocol $BCPT.
Fact: The global debt market is a $217 Trillion market that is controlled by banks and big corporations. Keep this fact in mind while reading this post.
(source:http://www.zerohedge.com/news/2017-06-29/global-debt-hits-new-record-high-217-trillion-327-gdp) At this moment Blockmason has a very small market cap in proportion to the huge potential of the project.
*Total supply: 116,158,667 BCPT *Circulating supply: 45,166,200 BCPT *Market cap: around $10 million
Blockmason has developed the Credit Protocol (CP) that can register debts on the Blockchain. This makes Blockmason one of the few projects with a working product. The open source code and documentation provided by Blockmason makes it possible for developers and companies to build their own dapps on top of the Credit Protocol (CP). To run their dapps they will need transactions that can be created by staking $BCPT or buying transactions from bag holders. Example: John has 5000 $BCPT that generate transactions but John is a Hodler. Also John doesn’t know how to build a dapp. Still, John can earn money by staking his $BCPT and selling his transactions to developers or companies that have built a dapp on top of the Credit Protocol.
Blockmason developed LNDR on top of the Credit Protocol. LNDR is right around the corner and should be released in a short amount of time (press time). There will be two separate features built into LNDR. The first feature is being able to create a debt with a friend and having him confirm it. The other feature is that debt can be paid back through a cryptocurrency payment or with a new debt that pays into the original debt. LNDR registers debts on the Blockchain using the Credit Protocol. The app makes it possible for anybody to register a debt on the Blockchain without even knowing what a “Blockchain” is. Use LNDR to split the bill from that dinner you just had with your friend.
Example feature 1:
Jolie and Susan passed their exam and have something to celebrate. They go to the club and order bottle service. After celebrating with “Alpha Omega” they need to pay the bill of $800. Susan and Jolie want to split the bill but unfortunately Susan forgot her wallet at home. Jolie wants to go home and so she pays the bill. Jolie opens LNDR and creates the debt that Susan owes her. Susan accepts the debt in LNDR and the debt is recorded on the Blockchain.
Example feature 2:
Willy and Walter are finished with dinner at a restaurant. They want to split the $50 bill but Walter doesn’t have enough money to pay. Willy pays the bill and opens LNDR to create a debt. Walter accepts the $25 debt that he owes Willy. The debt gets recorded on the Blockchain through the Credit Protocol. The next time they are out for dinner Walter pays the bill of $60 and creates a debt in LNDR. At this moment Walter doesn’t owe Willy anymore, instead Willy now has a debt of $5 that he owes Walter. He can choose to pay the $5 through a crypto payment or settle it with a new debt (with the next dinner for example).
The Blockmason team is also working on patents to take on major industries. This is what the Blockmason team has to say on the subject:
First: We are currently filing key patents with our legal team that will challenge multi-billion dollar industries. We have gone to great lengths to assure that there is no prior art, that our methods and processes are sound, and that the USPTO should look favorably on our applications and designs. While no outcome is 100% guaranteed we are bullish in the extreme on what this portends for the future of Blockmason. While we are building out this new IP that supports Credit Protocol and other internal BM efforts, we believe that our team will allow us to operate more effectively.
These patents will keep the Credit Protocol an exclusive product with the aim for a big worldwide industry. Github: https://github.com/blockmason telegram: https://t.me/blockmason twitter: https://twitter.com/blockmasonio steemit: https://steemit.com/@blockmason

[BlockMason]

this competition is over "https://support.binance.com/hc/en-us/articles/115002790072-BCPT-Trading-Competition".
is there any page to list positions?

Please refer your question to Binance.

[BlockMason]

Announcement: Blockmason Goes Global: Offering New App Onboarding Services.

- Credit Protocol Owners May Now Submit Applications for Launch Priority -

During the last few weeks, Blockmason has been ramping up its global technology, design, UI / UX, and development capacities. The medium-term to long-term plan is to provide significant support that is available to owners of BCPT in integrating their own apps, technologies, SAAS platforms, or other software onto the Credit Protocol.

We now have partners and technologists in 10 cities and 4 continents who are assisting in the larger launch opportunity for Credit Protocol. This can help YOU - the friends and owners of our tokens - in launching your own apps more quickly!

Owners of Credit Protocol tokens who require support in development, design, planning, or launching of their applications may also receive significant support from the Blockmason team.

For licensees and owners of tokens, here are three key elements to be aware of:
(1) Scalable: Global Team & Scalability.
We have built and are in the process of onboarding and syncing up a scalable team of app, backend, and blockchain developers. Currently, we have partners in technology and business working in 10 cities, on 4 continents. Once our first app is released from the internal team, we’ll be supporting other apps that owners of BCPT want to launch on the blockchain.

(2) Support: BCPT Owners Receive Priority Support.
For our fellow owners of Credit Protocol tokens, we want to offer priority support in integrating and launching apps to the Ethereum blockchain. We are already supporting multiple owners in exploring how to more efficiently launch their apps and how to best integrate with Credit Protocol smart contracts. Please reach out to apps@blockmason.io if you want to discuss launching an app.

(3) App Partnership: BCPT Owners Who Want to Own a Specific App.
In addition to supporting token owners on apps of interest to them, we have dozens of potential apps to launch on top of Credit Protocol – if you are interested in partnering in an app launch, owning an app, or need ideas or markets to license, we are happy to work with you on this front as well. Please contact apps@blockmason.io to begin a discussion with our teams!

Thank you for partnering with us in launching the future of credit and lending! We look forward to working with all of you more deeply as we move ahead!

// Blockmason Team

*To see the original post, please follow the link: http://announcements.blockmason.io/blockmason-goes-global-offering-new-app-onboarding-services/

[joejeronimo]

what was the ico sale price?

[BudaCoin]

what was the ico sale price?

ICO price was between 0.0005 - 0.000952381 ETH depending on the bonus people got.

[BlockMason]

Lndr, The Blockchain's new Trojan Horse.

Being the Blockmason fan you are you may have heard about the app we have in development, Lndr (http://lndr.io/). Lndr’s core functionality is tracking debts between you and your friends and family. An important feature that will be built into version two of Lndr will be the ability to settle debts with cryptocurrency directly through the app. We plan on integrating a range of currencies but since we’re building on top of Ethereum that would obviously be the first to be integrated.

OK you’ve been using Lndr for a while now and now you have debts with your friends and family. All of who know hardly anything about cryptocurrency. They probably have never heard of Ethereum, maybe you’ve told them about how you’ve been hodling it and it’s on its way to the moon. Well guess what. Now you can settle your debts with them in Ethereum.

Now suddenly your friends who didn’t want to go to the trouble of setting up an exchange account and your family who was just a bit confused by how all this crypto stuff worked suddenly have $15 of Ethereum in their Lndr wallet. What will they do with that Ether? Maybe they’ll pay you back for a debt you have with them in the future. Maybe they’ll notice the price jump up. Maybe they’ll try to pay for everything in the future so that you’re always in debt to them and can pay them back in crypto again and again.

Lndr's other great feature is that it uses the Ethereum blockchain in the background. By this I mean that credits and debts get stored on the Ethereum blockchain, but actual users of the app don't have to worry about having Ethereum or setting their gas prices. This means that average users can start using Ethereum and the blockchain without even knowing they're doing it. As more and more people use Lndr, more and more people are using the Ethereum network.

Lndr is not simply an app using the blockchain to track debts between two parties. It’s not simply a way to send crypto back and forth between people. Lndr is Blockmason’s crypto trojan horse. By leveraging smart contracts on the Ethereum blockchain, we invite the other 99% of the world to use blockchains for real, active, daily purposes -- and to suddenly find themselves the proud owners of their first bits of cryptocurrency.

// Blockmason Team

To see the original post, click here: https://announcements.blockmason.io/lndr-the-blockchain-sleeper-cell/

[rafzalan]

I like this "Before anyone realizes what happened, have the other 99% of the world using cryptocurrency."
It is real.
I think Lndr could be on Status from its first release.
Soon android shipped Lndr included.

[BlockMason]

Blockmason Files New Patents for the Credit Protocol.

Under review from USPTO, Blockmason seeks to own “credit” area in the Blockchain technology.

For months, we have been working on refining excellent patent application documents - getting the right designs, claims, and drawings to support the technologies we are developing in parallel with our programming teams.

When developing new technologies with global application, companies should use a mix of trade secret (i.e. keeping ideas internal), and patent protection (i.e. formal publishing of one’s inventions).

Blockmason has consulted closely with its in-house general counsel, as well as external patent and intellectual property attorneys. The project has been coordinated among our technologists, business leads, partners, and legal team.

In a field of rapid business and technology advancement, one of the best ways to protect certain new ideas is to seek out the publishing of unique and novel advances under patent filings in the U.S. and other countries’ patent systems.

We have filed very specific, detailed claims for Credit Protocol, together with broader claims where the state of the prior art warrants, in ways that offer Blockmason a major opportunity for long-term leadership in this emerging field of the blockchain-based lending and borrowing.

In fact, many of the world’s largest energy, technology, medical, and financial companies have begun with significant intellectual property claims – from the light bulb to the automobile, to computers, internet and cell phones.

Our goal is to lead Blockmason to a position of global significance in the applied blockchain technology space. We thank you for your partnership as friends and partners in developing credit protocol based apps and technologies.

We look forward to more announcements in this arena as things move forward with the USPTO and other global patent offices!

Onward!
// Blockmason Team


* To see the original post, follow the link: http://announcements.blockmason.io/blockmason-files-new-patents-for-credit-protocol

[rafzalan]

Don't sell your token, $0.4 is nothing for this amazing project.
It is only the beginning.
I think beta version is ready. It is a real application, a working product that anyone need it on its mobile.
For me minimum price is $1.
Look at marketcap, it is really low.

[BlockMason]

Here is our development update for Lndr, and we hope it finds you well!

1. The UCAC (Use Case Authority Contract) for Lndr was deployed to the Ethereum mainnet.
2. The mobile app and server were ported over to use the mainnet version.
3. The Lndr UCAC was staked using tokens from the staking pool to allow transactions from Lndr through the Credit Protocol.
4. Our team is currently testing live mainnet transactions through the app, and we will keep the community updated as we make more progress!

*To see the original post, follow the link: https://github.com/block…/dev-updates/…/master/2017-11-27.md

[rafzalan]

Here is our development update for Lndr, and we hope it finds you well!

1. The UCAC (Use Case Authority Contract) for Lndr was deployed to the Ethereum mainnet.
2. The mobile app and server were ported over to use the mainnet version.
3, The Lndr UCAC was staked using tokens from the staking pool to allow transactions from Lndr through the Credit Protocol.
4, Our team is currently testing live mainnet transactions through the app, and we will keep the community updated as we make more progress!

*To see the original post, follow the link: https://github.com/block…/dev-updates/…/master/2017-11-27.md

You use pool to stake bcpt, so users dont need to buy it. Am i right?
Another Q
I think any transaction on ethereum need gas to run, who pay for it?

[rafzalan]

Two days later tokens from binance competition will be distributed and now price is going down.

[jared-blockmason]

Here is our development update for Lndr, and we hope it finds you well!

1. The UCAC (Use Case Authority Contract) for Lndr was deployed to the Ethereum mainnet.
2. The mobile app and server were ported over to use the mainnet version.
3, The Lndr UCAC was staked using tokens from the staking pool to allow transactions from Lndr through the Credit Protocol.
4, Our team is currently testing live mainnet transactions through the app, and we will keep the community updated as we make more progress!

*To see the original post, follow the link: https://github.com/block…/dev-updates/…/master/2017-11-27.md

You use pool to stake bcpt, so users dont need to buy it. Am i right?
Another Q
I think any transaction on ethereum need gas to run, who pay for it?

Right, we'll be using Blockmason's BCPTs to provide transaction capacity so users of the app will not need to worry about that they can use the Credit Protocol for free essentially. 

Blockmason will initially cover the costs of Ethereum transactions.  We were able to reduce costs by 10x from what the costs were in the beta. 

[Crypto0429]

Can you please clarify a few points?

When was your patent officially filed? Can you share a link to the application? How does your patent compare to MasterCard’s patent? Lastly, how does LNDR compare/compete with Ripio Credit?

[Crypto0429]

Tony H.
@GreatBambin0
·
14h
Replying to @blockmasonio and @github
hey guys does this mean app is close to production and release this week?
1
1
BlockMason
BlockMason
@blockmasonio
·
22m
Yes, the app is launching this week.
1




Can’t wait to use the app that is launching this week!!

[BlockMason]

Can you please clarify a few points?

When was your patent officially filed? Can you share a link to the application? How does your patent compare to MasterCard’s patent? Lastly, how does LNDR compare/compete with Ripio Credit?

To answer your questions related to patent - we won't be sharing detailed information about the patents except with strategic partners and only under an NDA. They will be published at some point and publically available but only after a lengthy approval process.
At Blockmason we've built a system for recording credits and debts through double confirmation and this is the specific patent we're applying for. This allows individuals and entities to tap into existing mechanisms for debt transactions without the red tape of banks, lawyers, and other trust institutions.

To answer your last question - Lndr is Blockmason’s first app built on the Credit Protocol. The basic idea behind Lndr is a permanent, immutable and double confirmed debt between two friends on the blockchain.
Rippio Credit Network is a global credit network based on cosigned smart contracts that connect /lenders and borrowers.

I hope this helps, and thank you for your support!

Elvina @Blockmason

[rafzalan]

I cant understand difference between dblconfirm and cosigning, for me both BlockMason and  Ripio are working on the same idea but with different approaches, Ripio want to develop lending apps (someone need money and another sell him with interest rate ....) it is an old idea but with new implementation, but BMs are working on a community app that anyone could use it to write credits (more generic).

I like BlockMasons here is why:
1- BMs have better development team and a clear idea about whole ecosys, they are programmers that are trying to program but Ripio like many others are financials, bankers or managers that are trying to develop software.
2- BMs have a working product with a marketcap of $15,297,566 but Ripio's marketcap is $69,274,489 without a working product
3- BMs are trying to capture US market, and I think they know how to do it.
4- BMs know how to present their product, they already had very good decisions (being on mobile + telegram stickers + patent)

[Crypto0429]

We need the app release please!!! Or at least I do! That way I can stop having to remember who owes me money!!!

[BlockMason]

Yesterday the Lndr UCAC was successfully deployed to the mainnet. Since then our developers switched the app to start using the mainnet UCAC and have been going over everything to make sure weird bugs didn’t pop up. Today we’re ready to allow a limited group to use Lndr!

Our ideal Lndr app user notices details, is interested in blockchain tech, and is keen to share their Lndr experience with the rest of the community in the form of posts, screenshots and videos if possible. We select users across a spectrum of geography, language, and platforms (iOS and Android) and will give preference to those who have been active in helping improve the awareness of BLOCKMASON and Lndr.

If you’re interested in using the app and reporting back to us on your experience, please contact us at info@blockmason.io. Please include any relevant experience, your twitter and social media handles, and the make and model of your phone.

// Blockmason Team
To see the original post, follow the link: https://announcements.blockmason.io/app-testers-needed/

[d7f/e8rtg8g78s]

Omg BCPT announced on bittrex !!!!!  Time to stack a lot guys 

https://www.reddit.com/r/CryptoMarkets/comments/7f96qa/poe_bcpt_eng_going_on_bittrex_proof/

Have fun buying at this free price !!! This is 100 % confirmed news ENG was just aded on bittrex FEW MINUTS AGO !!!! Time for BCPT to pump above the 60 % !!!!!

[rafzalan]

Omg BCPT announced on bittrex !!!!!  Time to stack a lot guys 

https://www.reddit.com/r/CryptoMarkets/comments/7f96qa/poe_bcpt_eng_going_on_bittrex_proof/

Have fun buying at this free price !!! This is 100 % confirmed news ENG was just aded on bittrex FEW MINUTS AGO !!!! Time for BCPT to pump above the 60 % !!!!!

This is a 5 days old leakage

[BudaCoin]

Omg BCPT announced on bittrex !!!!!   Time to stack a lot guys  

https://www.reddit.com/r/CryptoMarkets/comments/7f96qa/poe_bcpt_eng_going_on_bittrex_proof/

Have fun buying at this free price !!! This is 100 % confirmed news ENG was just aded on bittrex FEW MINUTS AGO !!!! Time for BCPT to pump above the 60 % !!!!!

Just because a token goes into that test wallet doesn't mean it'll get listed. You can see even a confido token went into that test wallet. The Team also has a no exchange speculation talk policy in their telegram chat. They do not answer any exchange speculation questions, and proactively delete exchange speculation messages in their chat. Continued offenders even get banned.

[BlockMason]

Ethereum and the Network Effect

Building the Credit Protocol on Ethereum wasn’t a no-brainer for the Blockmason developers.  We struggled with the decision of whether to use Ethereum, to customize Ethereum or another blockchain and run our own chain or to start from scratch.  There were various trade-offs no matter which option we chose, but ultimately we settled on Ethereum.  While we still are open to at some point shifting the Credit Protocol to a different chain or rolling our own, the main thing that helped us make our decision to use Ethereum and keeps us on Ethereum to this day is the potential for gigantic network effects.

There is a very large amount of developer resources being thrown at Ethereum currently.  Whether it’s the various ICOs (hopefully) building their projects on Ethereum, the Enterprise Ethereum Alliance or other companies doing more traditional startups using Ethereum, Ethereum is going through a massive onboarding process and it’s not simply individuals buying and holding Ethereum. The scale of development and what’s happening is unprecedented.  Bitcoin never got close to this kind of attention development wise. 

So how does this all help Blockmason and the Credit Protocol we’ve built? One example is when people start storing identity information on Ethereum, that information could be incredibly important for specific credit applications. That information can be used to determine the eligibility of someone that will be given credit. It also makes it easier for less sophisticated entities to give out loans, because now they don’t need access to specific credit checks only offered by big corporations.  Instead, they can simply apply an algorithm to information that is easily accessible.

It's also helpful to have assets stored on the same chain so that those could be used for collateral, if for instance you wanted to take a loan out based on those assets or loan at one asset for a different asset or currency built on Ethereum.  In order for this all to work it’s ideal that there is the interconnectedness of everything like it is on Ethereum.  There are a lot of proposals for connecting all the different blockchains, but so far all these efforts haven’t produced much.

Another interesting facet of this network effect is when people are using different protocols for their debts and credits, there is a possibility of reading all that information and then using it to evaluate an individual’s credit score.  So the Credit Protocol could use information from other credit and debt applications running on Ethereum, this would be much more difficult to do if it wasn’t directly on the same chain with them.

With all of this (potentially) going on, it makes it a much more difficult choice to run the Credit Protocol on its own chain.  Running it on its own chain starts to feel like running your own LAN instead of being on the internet with everyone else.  That’s not to say that there aren’t trade-offs that one day might make it a better option to run on an isolated chain.  Ethereum has a lot of work to do to increase scalability and speed.  If the Ethereum network starts to experience serious congestion issues and another chain can solve these issues the decision to move becomes a lot more clear cut.  Storage is also another issue, with Ethereum it’s extremely expensive. 

//Blockmason Team

*To see the original post, please follow the link: https://announcements.blockmason.io/ethereum-and-the-network-effect/

[BlockMason]

Here is our tech update for today, and we hope it finds you well!

Credit Protocol Updates

Added nonce to IssueCredit event.

Replaced ucacId with ucacAddr as the unique identifier for UCACs.

Improved the tokensToOwnUcac functionality.

Lndr Updates

Updated server to automatically register transactions without waiting for the IssueCredit log to appear in blockchain to improve the speed of the app.

Implemented several bug fixes for the app UI.

Documented the key generation, message singing, and server verification for Lndr and future CP dapps.

//Blockmason Team
*To see the original post, please follow the link: https://github.com/blockmason/dev-updates/blob/master/2017-11-30.md

[rafzalan]

Waiting for reviews , screenshots and videos from testers.
It is currently one of the first applications on ethereum for everyone, everyday usage , but free of any charge.
Your future YouTube channel will get a lot of likes.

[rafzalan]

All ppls would get a way to write credits free, forever, amazing.
Only think about unlimited number of usages that this app could have in neat future.

[casinobonusgiveaway]

BCPT looks very good, there is rumor says that BCPT will be listing on bittrex very soon, is it real? I see bittrex's inner account tests the wallet. So this is the rumor or real?

[Departure]

I sent a request for participation in the testing, but there is no answer yet. I believe that the project has a future.

[rafzalan]

BCPT looks very good, there is rumor says that BCPT will be listing on bittrex very soon, is it real? I see bittrex's inner account tests the wallet. So this is the rumor or real?

It is already on binance, bittrex haven't any advantage vs binance. Bittrex have closed alot of accounts without reasonable reason or warning.
BlockMasons are working on ShapeShift, i think being there could be a big advantage for BCPT

[BlockMason]

Here is our development update for today.

Credit Protocol Update

We switched from having users confirm transactions directly with the smart contract, to having them sign the transactions so that any 3rd party could submit them (only if the signatures were valid). This update to the CP contract was deployed today.

Lndr Update

Transactions are now signed and submitted to the server, which sends them to the blockchain, retrying if necessary. This means that from the user's perspective, debt confirmation is instant.

// Blockmason Team
*To see the original post, please follow the link: https://github.com/blockmason/dev-updates/blob/master/2017-12-01.md

[BlockMason]

How does the Credit Protocol deal with enforcing debts?

TL;DR:

• Many of our the Credit Protocol fans and users are wondering about debt enforcement.
  The Credit Protocol is a base platform that enables third parties to build lending apps.
  The “Trust” and “Enforcement” are functions of the apps built on top of the Credit Protocol.
  Similar to how we trust Amazon delivery — which is built on top of a base protocol (HTTP).

Summary Detail:
How are debts enforced on the Credit Protocol? We get this question often.

Actually, the Credit Protocol (CP) is the base mechanism that enables other parties to build functional and trusted dApps (decentralized apps) on top of its core abilities. The function of the CP is to build the train tracks — so you (and others) can build the dApps that run on top of it.

The elements of trust, security, and enforcement will vary with the types of debts. For a lunch between friends it will be different than a car loan or a home mortgage. For a pair of concert tickets between strangers, different measures are needed than taking out a college loan. For this reason, various dApps built on top of the Credit Protocol will have their own enforcement mechanisms, and marketed to consumers and lenders as such.

More / Technical Detail:

The Credit Protocol is a protocol that stores credits and debts on the blockchain between two parties. These debts are stored with a memo indicating the reason for them. In order for these debts to occur, both parties need to cryptographically authorize the debt and credit. Notice until now we’ve said nothing about what kind of debt is stored, what currency the debts are in, what kind of debt it is, how large the debt is or what types of entities the debts are between. That’s because this type of information is separate from the protocol.

The idea behind protocols is that they are simple and broad. One of the most common and well-known protocols http (Hypertext Transfer Protocol) performs the simple and broad task of enabling data to be transmitted for the world wide web. Notice that it doesn’t say how you can guarantee Amazon will actually ship you a book after you paid for it online. Other entities are responsible for building Amazon, other entities are responsible for the payment systems enabling online purchases through Amazon, other entities are responsible for the law enforcement should Amazon decide to take your money, but never deliver the product.

The Credit Protocol functions in a very similar way. It allows dApps to be built on it and hooked in through UCACs (use case authority contracts), but those dApps are not controlled nor governed by the Credit Protocol. Through those dApps different businesses can build their own debt or credit businesses, or fun projects and it’s up to these businesses and the laws governing them to figure out enforcement when someone doesn’t pay their debts.

For example, if a bank started using the Credit Protocol to record debts it gives out, because of the reliability of the blockchain, that bank would still use the same mechanisms it does today to enforce that debt. On the other hand, if the bank started doing cryptocurrency collateralization, it would still be subject to the same lending laws it is today, but would be able to enforce debt non-payment by seizing those cryptocurrency assets used as collateral (within the specific laws of the jurisdiction of the bank).

None of this enforcement specifically involves the Credit Protocol. All enforcement is done by the businesses built atop the Credit Protocol and they are subject to the same regulations as other lending businesses.

//Blockmason Team

*To see the original post, please follow the link: https://announcements.blockmason.io/how-does-credit-protocol-deal-with-enforcing-debts/

[Randian Hero]

Dear admins. I tried to download your whitepaper but after going to this page by your link I get the Error 404.
https://blockmason.io/cp-whitepaper/Introduction-amp-Features/
Please, check it. The whitepaper should still be available even if the ICO is over.

[BlockMason]

Dear admins. I tried to download your whitepaper but after going to this page by your link I get the Error 404.
https://blockmason.io/cp-whitepaper/Introduction-amp-Features/
Please, check it. The whitepaper should still be available even if the ICO is over.

Hi Randian, thank you for your note! Here is the link to the whitepaper: https://blockmason.io/cp-whitepaper/introduction-and-features/
Can you please let us know what website did you try to download it from, so we can update the link if necessary?

Thank you!
Elvina

[rafzalan]

i think delays in project release pulls down the price.
anyhow volume is very low and with first good news from team it will recovered.

[BlockMason]

Lndr Testing Rollout

Lndr is currently being used by the number of people, and we are using this opportunity to get the feedback and make minor updates to the look, feel, and ease of use before releasing Lndr more broadly.

We understand that many of our community members are very excited about Lndr (which makes us very happy), and while we want the whole world to know about Lndr and use it to better their lives, we want that release to be a fully functional and beautiful product, developed in line with our roadmap.

As we mentioned earlier on Twitter, the app was launched; however, we learned we need to be very specific about the version of the app that is being released, and if it will be available to the public or a smaller number of users.

We appreciate the support and feedback from our community, and it is our goal to be transparent at every step. We won’t be setting specific deadlines, as it is impossible to do so in programming, but we can’t wait to put Lndr in people’s hands soon!

//Blockmason Team

[rafzalan]

Glad to hear about progress in testing, as mentioned by blockmason, many issues belong to ui design, so normally this type of issues do not take more than a few days to be cleared.
Most interesting part for me is that first release of lndr will be a free, friendly app for mobile phones, look at how a simple cryptokitties game on ethereum could become favorite.
Maybe adding some gamification elements to ui could be wonderful.
I know that blockmasons have experience in art and adds, hope their design has enough interesting features.

[BlockMason]

I sent a request for participation in the testing, but there is no answer yet. I believe that the project has a future.

We have selected and rolled out Lndr to a number of testers, but unfortunately, due to a lot of interest and dozens of applications to test Lndr, it is impossible for us to reply to each email.
We are about to post an announcement about the testing and other updates, so stay tuned!

[BlockMason]

Lndr Testing, North American Crypto Currency Conference & other updates.

Lndr App Testing: Overwhelming response!
A big thank you to our community members who reached out to us offering to test the app — we received dozens of applications, and a lot of interest from many of you, our supporters, including those who have a deep app testing experience. We’ve reached out to some of the applicants, and will be replying to more people towards the end of this week.

As for the technical functionality of Lndr — we are in the throes of wrestling a few little pesky bugs to the ground that were pointed out as part of the testing feedback. This will make the app more fun to use, as we are making minor updates to the look, feel, and ease of use before releasing Lndr more broadly.

Our developments and updates.
You might have noticed some design changes on the company website and social media channels, as one of the things we want to have with the community is the transparency of our internal development process. We are currently gathering and analyzing your feedback, and will be making official announcements about our branding updates soon. In addition, during the last month, the size of the Blockmason team has grown as we increase our internal development and capacity for tech development, marketing, design, and admin works. With that, we are experimenting with a variety of ways to reach you, interact with you, and present our announcements to you, including those about our in-progress and final developments. We welcome your feedback and support, as we continue to grow together.

Legal Considerations for Blockchain Innovations and ICOs.
We are excited about an upcoming event (http://bit.ly/2kpVizv) on December 8, which will cover the best practices in regards to SEC compliance for the blockchain and ICO companies. The panel will address how founders can start new entities in this space with full respect for the law and compliance with a moving and evolving set of principles. In addition, the lead patent attorney for Blockmason will discuss the opportunities for intellectual property protection in such a new and dynamic space. The registration is now closed, but we will share the recording of the event at a future date.

Blockmason at the NAC3 — North American Crypto Currency Conference.

We are excited to announce that Blockmason’s co-founder Tim Galebach will be speaking at the North American Crypto Currency conference (www.nac3.io) this Saturday, December 9, where he will talk about Blockmason, the Credit Protocol, and Lndr — our consumer lending app developed on the blockchain. Tim’s speech will focus on how as we built Lndr, we built the libraries to develop mobile blockchain applications from the ground up which other developers can use in the future. The conference will be focused on discussing the latest Blockchain developments, security of cryptocurrency assets and government regulations of the space.

As always, we thank you for your support. We will be making more announcements as we have them, and invite you to join us in our mission of shaping and becoming the foundation of the credit industry on the blockchain.

[BlockMason]

Here is our Lndr development update for today!

- Fixed conflicting pending transactions between the same parties to resolve before being stored on the blockchain.
- Put in features to handle network overload in CryptoKitties-like situations so that there is no loss of data or other user impacts.
- Set up push notifications on the client side, with server integration to be done the end of the week.
- Began wireframes for Ethereum settlement of debts between parties.
- Engaged a UI designer to improve the interface in preparation for a beta release.

*To see the original post, please follow the link: https://github.com/blockmason/dev-updates/blob/master/2017-12-06.md

// Blockmason Team

[rafzalan]

Thanks for update
I have two questions:
1- do you replace friends with parties?
2- could you add more about "wireframes for ethereum settlement"?

[BlockMason]

Thanks for update
I have two questions:
1- do you replace friends with parties?
2- could you add more about "wireframes for ethereum settlement"?

Thank you for your questions!
1. “Friends” and “Parties” mean the same thing in the context of Lndr
2. We are looking to add Ethereum settlement into the Beta release, and we have begun the process of architecting its solution prior to the development.

I hope this helps!

// Blockmason Team

[BlockMason]

Blockmason: Built To Last

Masonry, a millennia-old craft of buildings using bricks, is the foundation of today’s architecture. It was born when early humans’ desire to create and construct led them to branch away from caves and build homes out of stone. Since then, Masonry has allowed for such feats as the Egyptian pyramids, Stonehenge, the Parthenon, the Great Wall, and the Taj Mahal — all at one point were thought to be impossible structures.

Even though building reliable, beautiful and well-aligned structures out of hefty materials comes with inherent difficulties, stonemasons had a strong vision for a new type of architecture that speaks to power, reliability, and consistency, and the will and skills to turn it into reality. Thus, Masonry became the foundation of every structure that surrounds us today.

Similarly, Blockmason aims to become the foundation of the credit industry on the blockchain. The legacy of Blockmason is based on the most central tenets — laying the cornerstone of the new age by having a strong vision of what is possible, and developing platforms and systems that will change the landscape of the world as we know today. By leveraging smart contracts and enabling the development of the infinite number of applications built on the Ethereum Blockchain, Blockmason aims to increase the blockchain adoption for real, active, daily purposes.

Blockmason is the industry leader that is changing the face of the entire world, as a part of the historic moment where traditional systems are being replaced by the blockchain. It contributes to the robust new foundations of life, enabling the next wave of human progress. Blockmason creates a seamless network of infrastructure — the framework of life where we live, work, and play. We thank you for your support and invite you to join us on this incredible journey.

// Blockmason Team

*To see the original post, please follow the link: https://announcements.blockmason.io/blockmason-built-to-last/

[rafzalan]

Thanks Will for this PR:
APK - added keystore for publishing to Play Store

[Karl_Marx]

One of the lowest market cap coins on Binance... This smells like an opportunity.

[CoralHealth]

nice website guys

[BlockMason]

nice website guys

Thank you!

[audiocisco]

why do you need blockchain for this project?

[BlockMason]

why do you need blockchain for this project?

Great question! In fact, we have written a post describing the reasons the Credit Protocol is developed on top of the Ethereum Blockchain, here is the link: https://announcements.blockmason.io/ethereum-and-the-network-effect/

I hope this helps!

// Blockmason Team

[rafzalan]

How the require transactions send to ethetereum network?
Do they send on fly or there will be a middle database?
Is it possible to send a list of transactions to contract and pay one gas for the bulk?

[MMysterious]

Wow. This coin is already in Binance and Kucoin. A low market cap coin with high potential and is currently only popular in the Asian market. Once this hits Bittrex and other Western exchanges this should be an easy 400% at least.

[BlockMason]

How the require transactions send to ethetereum network?
Do they send on fly or there will be a middle database?
Is it possible to send a list of transactions to contract and pay one gas for the bulk?

Great questions!

Transactions on the CP are sent to Ethereum directly. On Lndr we are sending them first to a server in the middle so that the app gets instant feedback, but people can confirm that the transaction went through correctly on the Ethereum blockchain once it processes.
Regarding your next question, we experimented with sending a list of transactions to contract and pay one gas for the bulk, and found that the gas savings weren't enough to justify it.

I hope this helps!

//Blockmason Team

[BlockMason]

Announcement: Gatecoin has announced its listing of the Blockmason's BCPT.

Gatecoin is a bitcoin and ethereum token exchange based in Hong Kong. It was founded in 2013 and has been influential in the crypto community since then. It was the first exchange in the world to list ethereum's token currency ether (ETH) in 2015, and then the first exchange to list ERC20 standard tokens.

Gatecoin has been vital to the development of decentralized applications on the blockchain and can be viewed as an authority on the most exciting innovations happening in the space.

On December 13 2017, Gatecoin listed the Blockmason Credit Protocol Token (BCPT) on its exchange. Gatecoin will support the purchase of BCPT with BTC and ETH.

BCPT enables owners to participate in the Credit Protocol, a system whereby debts and credits are secured and tracked on the Ethereum blockchain. With the purpose of democratizing the allocation of credit through permanently recorded debts and obligations, the Credit Protocol has a vast potential scope, and could be applied to many forms of debt tracking.

Blockmason is currently working on releasing its first app Lndr developed on top of the Credit Protocol, that will track debts and credits between friends and family. The team also advises other developers and owners of BCPT (which acts as a use license for the credit protocol) towards building their own consumer and commercial-driven applications on top of the Credit Protocol.

Blockmason is especially pleased to partner with Gatecoin - an exchange that is so dedicated to the evolution of blockchain technology and decentralized applications.

// Blockmason Team
*To see the original post, please follow the link: https://announcements.blockmason.io/gatecoin-has-announced-its-listing-of-the-bcpt-token-by-blockmason/

[manolentor1492]

One question: can a car dealer create a loan with bcpt to pay for the car? We have these two figures: Through a loan: The lender (creditor) delivers a sum of money (capital or principal) to the borrower (debtor) in exchange for the payment of an interest. The borrower contracts the obligation to repay (amortize) the borrowed capital within a certain period and to meet the corresponding interest charge.

I can think of many situations, specifically if the borrower does not return the loan that would happen to the creditor? Can we force you to sell your home in bcpt to return the loan?

[BlockMason]

One question: can a car dealer create a loan with bcpt to pay for the car? We have these two figures: Through a loan: The lender (creditor) delivers a sum of money (capital or principal) to the borrower (debtor) in exchange for the payment of an interest. The borrower contracts the obligation to repay (amortize) the borrowed capital within a certain period and to meet the corresponding interest charge.

I can think of many situations, specifically if the borrower does not return the loan that would happen to the creditor? Can we force you to sell your home in bcpt to return the loan?

Great question, thank you!

To answer it, it is important to restate that the Credit Protocol is a base platform that enables third parties to build dApps involving debts and credits. And yes, it is completely possible to build an application that has the described functionality on top of the Credit Protocol. This dApp will use BCPT as a license to the Credit Protocol Network.

Regarding enforcing the repayment of a debt - various dApps built on top of the Credit Protocol will have their own enforcement mechanisms, as the “Trust” and “Enforcement” are functions of those dApps themselves. It is up to these businesses and the laws governing them to come up with enforcement mechanisms for those cases when debts are not paid.

You can read more about the enforcement aspect of the Credit Protocol here:
https://announcements.blockmason.io/how-does-credit-protocol-deal-with-enforcing-debts/

I hope this helps!

// Blockmason Team

[BlockMason]

Here is our development update for today.

Lndr Updates
We have made updates to Lndr in preparation for the beta release, including nickname uniqueness contraints, transaction retries after failures when writing to Ethereum, dynamic gas usage based on current ethgasstation.info Gwei transfer prices, and various UX improvements.

Lndr initial beta testing has begun! If you are interested in testing please send an email to test@blockmason.io.

Current beta will record all debts in USD, with the next steps being Eth settlement of debts and adding additional currencies. Future updates will also include a design facelift and push notifications for pending transactions.

 and submitted to the server, which sends them to the blockchain, retrying if necessary. This means that from the user's perspective, debt confirmation is instant.

// Blockmason Team
*To see the original post, please follow the link: https://github.com/blockmason/dev-updates/blob/master/2017-12-14.md

[kcanup]

Interesting token, what was the ico price?

[gyrocu]

any news ?

[rafzalan]

Even with this latest pump, I think BCPT is far under value.
Now its cap is about $16mil that brings for it 301th position on coinmarketcap.
While team are expanding and a test version on mobile is ready.

[BlockMason]

Yohan John Kim joins Blockmason as Advisor for the Korea Market.

Blockmason is proud to announce that it has brought on blockchain and venture capital veteran, Yohan John Kim, as its Advisor for the Korea Market. In addition to Blockmason, Yohan also serves as Advisor for blockchain companies PlayCoinGame & KStarCoin, and is a Limited Partner of Pantera’s ICO Fund.

Yohan grew up in Chicago and graduated in 2004 from University of Illinois Urbana-Champaign with a degree in Finance. After college, Mr. Kim joined Citigroup’s Global Technology Investment Banking Division as an Analyst. Following Citigroup, Yohan joined Kennet Partners & TeleSoft Partners as a venture capitalist where he closed a US$10m investment into SchoolWires (acquired by Blackboard) and US$7.5m investment into Recommind (acquired by OpenText).

Mr. Kim has also developed solid operational experience as Senior Vice President of International of eDaijia (driver chauffeur service in China with over 100,000 drivers), Senior Director of Operations & Head Korea of Kabam (acquired by Netmarble and Fox for US$800m) and Director of Advertising, Business Intelligence, Global Strategy Group of Gree Korea.

“I am excited to bring BlockMason’s Credit Protocol and Lndr app to the Korean Market given the success of Korean mobile payment mobile app, Toss. Lndr is a unique and disruptive solution, a first of its kind, solving key issues facing the cryptocurrency world today, adoption and use, at the consumer level. Lndr brings new innovation to the mobile payment ecosystem by allowing users to create and track IOUs and schedule settlement of debts (including settlement via major cryptocurrencies). Korea is a financial powerhouse in the cryptocurrency world today, and Lndr will provide a new and innovative option for consumers to settle debt/payments via mobile application and cryptocurrencies.” quote from Yohan John Kim.

Indeed, according to Forbes https://www.forbes.com/sites/elaineramirez/2017/12/04/unicorn-rising-how-this-south-korean-paypal-backed-startup-churns-1b-a-month/#59a8c50a5c13, Toss is now the fastest-growing mobile P2P payment service globally, and has reached US$12 billion transaction volume this year. “Putting that into context, Venmo, another Paypal-backed startup, took four years to reach the same rate and is currently processing $2.5 billion in monthly transactions, Toss says. But Toss, with 12 million users, was able to reach that benchmark in about half the time and has sights on breaking even in the near future — a global first in the P2P payments space, says founder and CEO Seung-gun Lee.” quote from Forbes.

In addition to building the Credit Protocol and Lndr community in Korea, Yohan will also lead Business Development & Strategy in Korea for Blockmason. Mr. Kim has already fielded inquiries from partners spanning from accounting firms to merchants who are interested in developing on the Credit Protocol for the Korean market.

// Blockmason Team
*To see the original post, please follow the link: https://announcements.blockmason.io/yohan-john-kim-joins-blockmason-as-advisor

[zecon]

This one is quite intriguing.. solid advisers and person-friendly whitepaper.

https://blockmason.io/cp-whitepaper/introduction-and-features/

[conan43]

What is the latest situation, do we keep friends' coins or not sell them?

[venoin]

can link to this forum be added to coinmarketcap? Can attract more interest for coin.

[zecon]

New blog on BCPT:

https://steemit.com/blockmason/@thescoop/blockmason-credit-protocol-analysis-usdbcpt

[bmike]

Benjamin Goh,

Hi Everyone, we just signed a partnership with a leading Japanese blockchain marketing/PR firm who will assist us in the Japanese launch of the Lndr app, connect us major partners to build new applications of the Credit Protocol, and create broader awareness in Japan of the transformative potential of BlockMason’s core technology. We are preparing a joint announcement and will release it when we are both ready


So To THE MOooooN!)

[yuta88]

BlockMason Credit Protocol has been listed on Bittrex from 2018-02-22 18:41(UTC). Congratulations.

If you want to get notifications when tokens are listed on major exchanges, this will help you
https://bitcointalk.org/index.php?topic=2365675

[BitMaver]

Blockmason Credit Protocol Token (BCPT) is now listed on UPbit — a fast-growing cryptocurrency exchange based in South Korea that was launched in partnership with one of the largest digital currency exchanges in the world, Bittrex.

Learn more at https://announcements.blockmason.io/upbit-lists-blockmasons-bcpt.

[tor676]

It's scammers!
These coins create a binance in order to draw out bitcoins in humans!
This coin will never cost even $ 2. The price will be around 75-95 cents to collect more bitcoins.
trades went more than 80 million a day, but the coin fell in price. What does it say? they are draining you this rubbish!

[irwanjabryg]

It's scammers!
These coins create a binance in order to draw out bitcoins in humans!
This coin will never cost even $ 2. The price will be around 75-95 cents to collect more bitcoins.
trades went more than 80 million a day, but the coin fell in price. What does it say? they are draining you this rubbish!

All altcoin takes time and innovation.
BCPT has a good plan and it makes perfect sense.
I support 80% of this project. 1-2 years into the future BCPT will be an altcoin that is loved by all the people of the world. 

[Legionar]

What is happening with this project? any news?

[gagik]

binance-scammers! This coin belongs to them!

[jjeeppeerrxx]

Blockmason offers Airdrop and you can check it here https://www.airdropx.com/en/blockmason/ I joined earlier! Also joined their Telegram Group, hope for success with this platform.

Any update also from other members?

[S3cco]

Bitcoin Garden: How Blockmason’s Credit Protocol Could Change the Consumer Credit market
https://bitcoingarden.org/how-blockmasons-credit-protocol-could-change-the-consumer-credit-market/

As blockchain technology shows an impressive potential to be disruptive in many sectors, the Credit and Lending industry is no exception. As of today, the infrastructure needed to provide credit is both costly and complicated. The Credit Protocol, created by Blockmason, is a new system that is here to resolve this issue.

The majority of the world is run on credit. In reality, there are only a few trillion dollars of real money while the estimated amount of debt is in the range of quadrillions. The Credit Protocol addresses this problem by creating a new infrastructure to record debts via the Ethereum platform.

Other platforms are trying to simplify access to credit, such as ETHLen and SALT, but their focus rests on peer to peer or collateralized lending on the blockchain. Unlike them, Blockmason believes that the first step to making it easier fo real world companies to adopt a blockchain based solution for debt and credit obligations is not to solve how to lend but how to record such obligations. As a result, the Credit Protocol is a recording layer which serves as a base on top of which the lending, collateral, enforcement and underwriting can be built....

[Yoshinoya]

Hello, how to deposit BCPT from the ERC20 wallet into a binance exchange. Do you have to swap
And how to swap in binance exchange