Bitcoin Forum
February 25, 2020, 03:45:24 AM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: [ANN] LogiCrypt-anonymous work and logistics-Lyft/Uber distribution  (Read 472 times)
logicrypt
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
December 19, 2017, 03:07:48 AM
Last edit: January 05, 2018, 04:41:06 AM by logicrypt
 #1

Please visit our website at http://logicryptservices.com for a more visual representation of our concepts.

What is LogiCrypt? It is the first cryptocurrency and system that allows anonymous work and services.
Essentially a glorified Amazon Flex, LogiCrypt will initially allow for a shipping and courier service.

Why is it needed? Having worked in the service industry for some time (Uber, Lyft, Amazon flex), we have found
workers to be abundant, but actual work less so. LogiCrypt will open up the market to allow anyone to earn or use the service anonymously.

LogiCrypt will launch on two fronts, both as a bitcoin blockchain asset and as an Ethereum Asset token.

How it works: The following is the flowpath of a successful courier contract: https://imgur.com/3IhR0dP

Below is a quick example of how our contracts will work.

SENDER: Provides pickup and drop-off location, amount willing to pay, collateral for item, and timeframe for delivery.

WORKER: Views transaction on the blockchain and provides matching collateral to accept the job. Arrives at pickup point within the timeframe and goes to the drop-off point.

RECIPIENT: Receives notification of package and a QR code containing a signed message hash from the sender. The worker scans this code signaling our servers that the delivery is complete.

Understanding the collateral system
Posting up collateral is required by both the sender and worker to prevent fraud and theft. This is done primarily to prevent 2 undesirable scenarios:
1.Item theft by the worker without consequence
2.Abuse of the collateral system by sender contracting worthless items and preventing the delivery from being completed
Collateral is released back to both parties upon successful contract completion. Dispute scenarios are handled directly by our team.

Phase 1: Scrypt blockchain live, small premine, free distribution from myself and other lyft/uber drivers. This also allows easy access to minor exchanges so the coin can be traded and establish a value. Any coins mined or obtained via exchange can be exchanged for the ERC20 Asset token after being sent to a burn address. Tokens cannot be exchanged for coins.
Airdrop of Ethereum Asset token given to all users, tiered according to their bitcointalk forum rank.
Token Presale: A limited amount of tokens will be sold at a reduced price. No funds will be collected until the project reaches the minimum funding amount.

Phase 2: Full token sale goes live. Crowdfunding will have a minimum threshold which, if not met, will ensure all funds are returned to investors.
After crowdsale, a period of extra time will be provided for coins holders to exchange their coins for the ERC20 Asset token.

Phase 3: Token will be placed on a new exchange supporting Ethereum assets.
The Scrypt blockchain will be abandoned, and all unredeemed tokens publicly burned.
Company will be established as an LLC, open up conventional methods for acquiring LogiCrypt such as Stripe.
Supporting servers and applications tested for proper functionality.

Phase 4: Service rollout begins in selected regions.
Public release of supporting applications.

SPECIFICATIONS:

---->Bitcoin based blockchain: Essentially a litecoin clone, this temporary blockchain exists solely for the miner and trader's benefit.
-coins per block:60
-block every 4 min        
-Diff change every 2 blocks
-Halving will occur after 16,500 blocks
-Mining will be allowed to continue 15 days after the halving, then all coins must be converted to their Burst Asset equivalent.

---->The Ethereum Asset token will be of the standard code, and due to it's nature will automatically placed on the asset exchange.
-Our servers will handle automated applications for this token, including the resolutions for smart contracts.
-Tokens cannot be exchanged for coins on the bitcoin blockchain.
-Unsold presale tokens will we sent to a burn address provided by a trusted member of the bitcointalk community.
-Unsold tokens from the main sale will be publicly burned.

The maximum amount of tokens will be 15 million, assuming none are burned.

Sale stages:
1. The presale: Tokens will be available for sale at 50% cost compared to the main sale.  In order to fund successfully, we must reach at least 20,000 USD worth of burst or the presale will not be funded. Asset tokens will be sent to investors at the end of the presale. Limited to 1,500,000 tokens.
2.Main sale: Done via a crowdfund smart contract, this sale will be unlimited

We have project leaders in 2 locations:
Arlington: Eric Henderson, University of Arlington Student in Electrical Engineering. US Navy Nuclear background.
Washington: Cameron Martin, Electrical Engineering Student at NVCC. Also has a US Navy Nuclear background.

Our source code for the mineable coin will be released prior to the Token. Keep up with this thread for the most up to date information.

Social media, email and website Links
-Website:    http://www.logicryptservices.com/
-Twitter:     https://twitter.com/logi_crypt/
-Facebook: https://www.facebook.com/LogiCrypt-394896074272630/
-Email: logicryptservices@protonmail.com
-Telegram chat https://t.me/joinchat/AAAAAEdEt4dAtj_gootB_Q

We are currently seeking a pool provider for our launch of the bitcoin based blockchain. Please contact us at logicryptservices@protonmail.com if you are interested in providing this.

Our logo was chosen as a callback to our previous military service rating badge. Due to forum restrictions it can only be viewed on our website.
100% First Deposit Bonus Instant Withdrawals Best Odds 10+ Sports Since 2014 No KYC Asked Play Now
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1582602324
Hero Member
*
Offline Offline

Posts: 1582602324

View Profile Personal Message (Offline)

Ignore
1582602324
Reply with quote  #2

1582602324
Report to moderator
logicrypt
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
December 19, 2017, 03:53:59 AM
 #2

One of our top priorities is finding a pool provider for launch. Pm this account or email us.
mercuriusrevolution
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
December 19, 2017, 04:42:53 AM
 #3

When will the minable coin launch? Huh I am ready to go.
logicrypt
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
December 19, 2017, 06:39:51 AM
 #4

When will the minable coin launch? Huh I am ready to go.
In a few days.
dixon98
Jr. Member
*
Offline Offline

Activity: 126
Merit: 1

EQUAL Network Token


View Profile WWW
December 19, 2017, 06:43:43 AM
 #5

Any plans to get gig economy giants like Uber to adopt your platform? That will be a big step ahead.

              EQUALtoken.io      ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄  ▄ ▄
▀ ▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀     SELF DEFLATIONARY CRYPTOCURRENCY
logicrypt
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
December 19, 2017, 07:02:34 AM
 #6

Any plans to get gig economy giants like Uber to adopt your platform? That will be a big step ahead.
Our original idea was something like uber, but there were too many legal issues to jump right into something like that. Once crypto is better established perhaps they will warm up to our concepts.
RealCrypto.org
Newbie
*
Offline Offline

Activity: 47
Merit: 0


View Profile WWW
December 19, 2017, 04:06:44 PM
 #7

I really like this concept and am interested to see how it is all implemented. You Navy nuke guys are generally pretty smart so it may work out. I'll be mining it when it goes live. Keep us up to date.
logicrypt
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
December 19, 2017, 06:28:17 PM
 #8

I really like this concept and am interested to see how it is all implemented. You Navy nuke guys are generally pretty smart so it may work out. I'll be mining it when it goes live. Keep us up to date.
We have the occasional good idea in between the stupid ones.
vuduydien
Newbie
*
Offline Offline

Activity: 40
Merit: 0


View Profile
December 20, 2017, 01:08:47 AM
 #9

Waiting for the new coin launching. Please consider creating the telegram channel for LogiCrypt community.
logicrypt
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
December 20, 2017, 01:44:00 AM
 #10

Waiting for the new coin launching. Please consider creating the telegram channel for LogiCrypt community.
We are deciding between rocketchat and telegram for our communication service.
logicrypt
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
December 20, 2017, 07:13:55 AM
 #11

Telegram is up. Invite link: https://t.me/joinchat/AAAAAEdEt4dAtj_gootB_Q
Justjewit
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
December 20, 2017, 08:15:06 AM
 #12

Tried to join but it says this is a private group? Is there something I am supposed to do?
logicrypt
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
December 20, 2017, 08:48:14 AM
 #13

Tried to join but it says this is a private group? Is there something I am supposed to do?
It is a private group but the invite link let's you in.
logicrypt
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
December 24, 2017, 01:58:46 AM
 #14

We are shifting over to operation on the burst asset platform. This will allow for cheaper operating costs and a greener impact on the environment due to the way burst handles mining. We will still have our mining phase. The presale will be offered at 50% cost compared to the main sale. Presale price is 1 burst per LogiCrypt token. Main sale price will be 2 burst per logicrypt token. 10% of the supply will be offered in the pre-sale (1.5 million coins), and will run for 1 week. The presale will not be funded unless it reaches 20,000 USD worth of burst. Unsold tokens will be burned. The main sale will not have a minimum amount. Again, all unsold main sale tokens will be burned.
mrmetech
Member
**
Offline Offline

Activity: 197
Merit: 10


View Profile WWW
December 24, 2017, 02:00:35 AM
 #15

Great project glad to see it future i want to add it to my pool.

logicrypt
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
December 24, 2017, 02:06:05 AM
 #16

We should talk more, If we like your pool we may use it as the official launch pool.
logicrypt
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
December 24, 2017, 04:32:49 AM
 #17

mrmetech has agreed to be our official pool provider for the minable coin launch. We will keep everyone up to date on the release.
abeke
Full Member
***
Offline Offline

Activity: 226
Merit: 100


View Profile
December 24, 2017, 04:51:40 AM
 #18

Interesting. I have few questions. How many total LogiCrypt coins will be? The same amount as LTC? Looking forward to see whitepaper.
logicrypt
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
December 24, 2017, 05:14:18 AM
 #19

Interesting. I have few questions. How many total LogiCrypt coins will be? The same amount as LTC? Looking forward to see whitepaper.
Maximum amount will be 15 million if all tokens are sold. Around 9% are going to be able to be mined, so ~1.3 million will be allowed on the bitcoin blockchain.
logicrypt
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
January 05, 2018, 04:26:28 AM
 #20

Post holiday update: We have made some changes to the way we are going to launch and promote LogiCrypt. Since myself and a few collaborators drive for lyft/uber. we are going to use that to increase publicity for the platform by giving away coins to riders. We are working out a system to allow other drivers to distribute coins as well so we reach a large number of people. With many just now becoming aware of bitcoin, it is a good time for something like this. Promoting ourselves as a future competitor to flex/uber/lyft to as many people as possible. We are also going to encourage tips through logicrypt for contracted drivers. We will have our minable coin up and ready within a week. Exact date and time to be announced soon.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!