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Author Topic: AlloyCoin - A New Cryptocurrency With A Price Floor - alloycoin.com  (Read 1223 times)
AlloyReserve (OP)
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September 07, 2017, 11:49:39 PM
Last edit: September 09, 2017, 02:58:00 AM by AlloyReserve
 #1

AlloyCoin - http://alloycoin.com
Cryptocurrencies are an incredibly powerful and efficient means for online digital transactions. However, all cryptocurrencies suffer from the problem of Price Volatility. Even giants like Bitcoin can swing by as much as 30% in just a few days. If the dollar went from being worth 100 cents on Monday to just 70 cents on Friday, any form of meaningful economic interactions would be virtually impossible.

Proponents argue that once widespread adoption occurs, the prices will stabilize. However, in order for there to be widespread adoption, there needs to be price stability. This is a circular argument that requires a solution.

AlloyCoin is a new cryptocurrency designed to address this issue. It is the only cryptocurrency with two values -- one being its price floor. This new cryptocurrency was developed by our team at Alloy Reserve LLC. We would love to hear your feedback on our implementation which is described in our white paper.

Alloy Reserve's team:

Vahid B. Eyorokon: President and founder, published research scientist
in artificial intelligence and machine learning.

Dustin Dannenhauer: Vice-President and Cofounder, PhD. and published
research scientist in intelligent algorithms and artificial intelligence.


We're having a Limited Pre-Sale this November so we're spreading the word about our new cryptocurrency. We're excited by the amount of support and positive feedback we've received and we want to grow our community. Hope to see you then!

Subscribe on our website for more details and read our Technical White Paper:
http://alloycoin.com


Alloy Reserve believes that a new cryptocurrency with a guaranteed minimum value is one way to increasing industry adoption.
thanhswp
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September 08, 2017, 12:18:38 AM
 #2

White Paper, Road Map, Bounty ?
AlloyReserve (OP)
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September 08, 2017, 12:37:34 AM
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Hello thanhswp,

Thank you for replying! Our white paper is available on our website: http://alloycoin.com - select the link that says "Technical White Paper". Our Road map is being finalized and has yet to be uploaded. However, we are planning a limited pre-sale this November and an ICO in July 2018. Lastly, I'm not quite sure what you mean by "Bounty". Could you please be more specific?
Jcga
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September 08, 2017, 12:47:06 AM
 #4

Hello thanhswp,

Thank you for replying! Our white paper is available on our website: http://alloycoin.com - select the link that says "Technical White Paper". Our Road map is being finalized and has yet to be uploaded. However, we are planning a limited pre-sale this November and an ICO in July 2018. Lastly, I'm not quite sure what you mean by "Bounty". Could you please be more specific?

Looking promising.

With "bounty" he meant Social Marketing campaigns to promote your project and build the communauty.


🚀IRRESISTIBLE "Crypto Collectibles" 👉 https://bitcointalk.org/index.php?board=217.0
AlloyReserve (OP)
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September 08, 2017, 01:18:08 AM
 #5

Hi Jcga,

Thank you clarifying! Currently we have the following:
Facebook page: https://www.facebook.com/AlloyReserve/.
Twitter: https://twitter.com/AlloyReserve - Our twitter page is new and still growing. Most of our community follows our Facebook page at the moment.

Thanks again!

Antiqua
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September 08, 2017, 01:36:14 AM
 #6

ICO July 2018, well, that's still a loong time to wait  Shocked

Quote
AlloyCoin is a new crypto-currency designed to work along-side a Reserve that guarantees value for each AlloyCoin. The Reserve will always buy-back AlloyCoins for a fair, pre-determined price. Hence,
AlloyCoin will enable individuals to feel more secure about the value of their AlloyCoin. In addition, the Reserve provides a number of other services. Most importantly, the Reserve will distribute its value across
a variety of currencies and assets. The total value of the Reserve is ex-pected to grow over time, from both interest on assets and income from business services. As the Reserve value grows over time, the value of each AlloyCoin will slowly gain in value. AlloyCoin is a more financially safe and stable crypto-currency which is valuable by design as opposed to purely by demand.
that's amazing, btw where can i got information about total coin?
premine?
i will look at it, it's interesting for me

AlloyReserve (OP)
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September 08, 2017, 01:56:40 AM
Last edit: September 09, 2017, 03:04:35 AM by AlloyReserve
 #7

ICO July 2018, well, that's still a loong time to wait  Shocked

Quote
AlloyCoin is a new crypto-currency designed to work along-side a Reserve that guarantees value for each AlloyCoin. The Reserve will always buy-back AlloyCoins for a fair, pre-determined price. Hence,
AlloyCoin will enable individuals to feel more secure about the value of their AlloyCoin. In addition, the Reserve provides a number of other services. Most importantly, the Reserve will distribute its value across
a variety of currencies and assets. The total value of the Reserve is ex-pected to grow over time, from both interest on assets and income from business services. As the Reserve value grows over time, the value of each AlloyCoin will slowly gain in value. AlloyCoin is a more financially safe and stable crypto-currency which is valuable by design as opposed to purely by demand.
that's amazing, btw where can i got information about total coin?
premine?
i will look at it, it's interesting for me

Hi Antiqua,

Great question! Because Alloy Reserve LLC in a US based company, there are a number of regulations we must comply with in order to have the ICO for our new cryptocurrency. Also, Alloy Reserve LLC is in the process of finalizing other legal matters regarding the patent pending status for our new cryptocurrency and its blockchain. These two are the main reasons for the July 2018 ICO launch.

It is also important to note that while our pre-mining period is still being determined, it will be short compared to other cryptocurrencies. This is because Alloy Reserve guarantees the value of mined coins as part of our implementation. When establishing our price floor or baseprice for each AlloyCoin, we factor into account the number of coins in circulation. Since pre-mining affects the number of circulating coins, Alloy Reserve would need to limit this in order to prevent volatility with our post-ICO baseprice.

For more information on how the baseprice is calculated for our new cryptocurrency, please see subsection 3.2 Base Price under the section Alloy's Reserve in our Technical White Paper.

Hope this helps!
Mazt rhiezt
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September 08, 2017, 02:07:05 AM
 #8

why do not you create ico that is easy to do and does not take much time for to prepare ?
health examples or perhaps privacy and gaming security that attract quite a lot of investors.


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AlloyReserve (OP)
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September 09, 2017, 12:39:26 AM
Last edit: September 09, 2017, 03:01:37 AM by AlloyReserve
 #9

why do not you create ico that is easy to do and does not take much time for to prepare ?
health examples or perhaps privacy and gaming security that attract quite a lot of investors.

Hello Mazt,

We certainly are trying to bring our new cryptocurrency to the community as quickly as possible. However, since Alloy Reserve is a US company, AlloyCoin will need to comply with specific rules and regulations. Having the ICO for our new cryptocurrency in July of 2018 allows us to sort out those legal details ahead of launch!

If you have anymore questions about AlloyCoin, let us know at: support@alloycoin.com

Alloy Reserve
http://alloycoin.com
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