[ANN][NO ICO] 💰Smallchange: Insure your coins before you spend them💰

[AIRCOINDEV O]

We're trying to gauge momentum, please leave a comment and/or ask questions. We will provide evidence of appropriate licensing and corporate documentation, not to mention you can always just call me or shoot me an email. I don't think anyone will need to sue us, but you'll have that option BEFORE any currency is moved around.  We'll be decentralized as soon as we pick up momentum anyway, first thing on our development roadmap.  

Twitter: https://twitter.com/Aleph0Tech
Slack: https://join.slack.com/aleph0tech/shared_invite/MjA4MDQwNjk0MjI1LTE0OTkzMjg4NzQtZGZlNzc0OWVlNA
BTCitcointalk (first project):https://bitcointalk.org/index.php?topic=476383.2160
Feel free to reach out if there's anything you want to know about this, including when more info will be available. We're trying to be completely open about this project.

[AIRCOINDEV O]

Whichever way the market turns, please make sure to insure your currencies.  My team and I (ex-AIRcoin dev, maybe you've heard or us XD) have been working on what we call the Smallchange service.

You buy your coins that you want to invest in from our webstore (you choose how much we take as a fee) and you can return your coins for the original price you paid for them should your investment tank.  If your trade works out the way you want, we keep the currency you gave us to make the trade.

[AIRCOINDEV O]

We're moving our timeline up, it seems that people received quite a wake-up call today.  We urge you to insure your coins with our service, old purchases and new.  At least when things like this happen you'll have a way to get your value back.  For example, everyone who bought IOTA and had it drop on them by 30% today, had you picked our most expensive insurance plan at 20% of your investment, you'd have walked out with 10% more money and had all of it converted back into Bitcoin or USD instantly.  Then you could wait for the next good position to buy, and insure your next IOTA purchase with that 10%.

"Sometimes, a clean exit is all you need".

We can't force you to post, but we do urge you to write something here if you think this service could have actually helped you in today's bloodbath.  

[AIRCOINDEV O]

web? white paper? Please let me know.

Oh hey, so you guys are alive. We weren't going to make a move or use any of our resources unless we got people talking about this elephant in the room.  But I think enough has happened now over 2017 that going into 2018 we need to start having serious discussions about and implementing simple yet power safeguards against barely-researched, highly-speculative, and/or just wrong investments/trades.

We're pre-website, but you can find the rough draft of the whitepaper here: https://www.dropbox.com/sh/pkyna1woyol9axr/AACd_kVzr34wzy2lNsLOZ7-aa?dl=0

Our AIRcoin/Aleph token thread: https://bitcointalk.org/index.php?topic=476383.msg26592409#msg26592409
Slack channel: https://bitcointalk.org/index.php?topic=476383.msg19962871#msg19962871

We're from a project that burned out (no one was scammed, this was 2014 before all that ICO and raising money stuff) but some of us have returned to pick up where we left off with our own resources. As you can see from page 108 and 109 of our original thread, we actually have been thinking about and working on this for a while.

[AIRCOINDEV O]

NOTE: You can't buy our old coin, AIRcoin, as we're rebooting it.  The new coin that will replace it, Aleph, has not been launched yet (though we finished a few drafts of the source some time ago, check Slack and page 108 of the AIRcoin thread).  The service we offered through this thread will let you ensure any coin from our approved list. We'll start with top 40 on day one, and expand from there to include most coins by end of month of launch.

[pakupayung]

NOTE: You can't buy our old coin, AIRcoin, as we're rebooting it.  The new coin that will replace it, Aleph, has not been launched yet (though we finished a few drafts of the source some time ago, check Slack and page 108 of the AIRcoin thread).  The service we offered through this thread will let you ensure any coin from our approved list. We'll start with top 40 on day one, and expand from there to include most coins by end of month of launch.

So when exactly ALEPH is launched and what is the total supply?

[AIRCOINDEV O]

NOTE: You can't buy our old coin, AIRcoin, as we're rebooting it.  The new coin that will replace it, Aleph, has not been launched yet (though we finished a few drafts of the source some time ago, check Slack and page 108 of the AIRcoin thread).  The service we offered through this thread will let you ensure any coin from our approved list. We'll start with top 40 on day one, and expand from there to include most coins by end of month of launch.

So when exactly ALEPH is launched and what is the total supply?

https://bitcointalk.org/index.php?topic=476383.msg26813932#msg26813932

[dspencer]

You've got my support.

[AIRCOINDEV O]

You've got my support.

Neat, here's how the system works:

New cryptocurrency buyer, A, wants to buy the latest trending cryptocurrency flavor (or maybe has a legitimately well-researched trade they think they'll profit from).
    Smallchange Service then accepts A's payment (in one of our preferred currencies) for the said cryptocurrency, takes a small fee depending on which of our 4 levels of insurance they've chosen and keeps the rest in our accounts.
    We then sell the market equivalent of the rest of A's payment in our own cryptocurrency, Aleph for A's preferred currency. We have a premined reserve of our own currency for this.
    We give A a receipt w/ their exchange Time Limit that they can sell the currency back by and other useful info.
    So long as A returns their cryptocurrency from the address we deposited it to and shows their receipt within the Time Limit, we return their original payment (minus our fee of course).
    Why would other people provide buy support for our cryptocurrency: We buy up our own currency using our fee we charged A, then we keep that currency out of the market, effectively shrinking the total supply of coins.  Because the total supply shrinks, the value of each coin increases. This is just one of the ways we'll provide buy support for our coin, there are other ways coming. Keep in mind we will only sell our coin from our site before it hits an exchange, after that we'll provide signals to tell everyone when we're selling and how much. You should only buy from us when we're selling to make sure those fees we took enter the market faster... and you should only buy it from us beforehand.

[Dhanems]

good morning guys,when we expect to lunch ALEPH?

[AIRCOINDEV O]

good morning guys,when we expect to lunch ALEPH?

TBD, we still need a block reward adjustment algorithm that properly deals with the price when it starts to inflate on an exchange.  It also has to be robust enough to correctly help us navigate the block reward during the early pre-exchange days.  We launch the services once Aleph is up on an exchange.

[Dhanems]

why no ico?we all know all cryptocoins has ico before start..unique hehe but interested jo join

[charlie137]

why no ico?we all know all cryptocoins has ico before start..unique hehe but interested jo join

you have a lot of work to educate yourself on topic with these statements lol

[AIRCOINDEV O]

why no ico?we all know all cryptocoins has ico before start..unique hehe but interested jo join

Charlie137 likely is referring to the Before Time, before ICO's and companies and startups were interested in cryptocurrency being mainstream. We are from that time.  

[AIRCOINDEV O]

Wow, January is gone already?

And apparently, it took most of Crypto's value with it.  Well cycles happen, and we hope you can continue to protect yourself carefully as a trader.  We've been giving a lot of thought to the structure of the ITP's we're going to offer and some exciting things are coming down the road.

New:
 We've picked up a new developer who's developing a proof of hardware (PoH) scheme for future computational work performed by miners, and will be implementing that as time goes on. Still aiming for that February release date, but March isn't looking too bad either. We're working for the end of February though.

We will be hosting a one coin exchange on the Smallchange website (domain name pending) where you can also buy the ITP's.

Unexpected Tip (for those of you who made it this far):

We're tangentially participating in the Ubiquicoin https://ubiquicoin.com project's development.  We will not advise you to buy tokens one way or another, but we do advise you do some research.  These people are well connected, funded, and have staffed the development team with competent individuals (arguably, sure, but generally competent).  They are set to raise quite a bit, so get in while you can and cash out if you must.  We'll be holding on that project.