Our old ANN thread was deleted. So we created a new one. Don't worry admins, we'll be careful this time.Emmetropia CoinVision and MissionVision: Be the only cryptocurrency people can HODL in their wallets without fearing its value dipping all of a sudden.
People around the world using different cryptocurrencies to make purchases or trades in just one wallet - it is something crypto enthusiasts like us dream about.
People trading cryptocurrencies via decentralized exchangers with EMM as their main currency.
Mission: Spread the use of ALL cryptocurrencies in the world, not just our own EMM Token.
Spearhead the emergence of a real cashless society by creating a REALLY stable digital currency.
To be the medium people use to buy anything online instead of credit cards and Paypal that usually means to the hassle of KYC and bank requirements.
A Realistic ScenarioImagine, you were selling 10,000 Altcoins for .0005 BTC so that’s 5 BTC.
At the current price of BTC ($12,000) that’s $60,000.
And you were not able to go online for 12-24 hrs for some reasons.
The value of BTC dipped to $9,500 and you didn’t know it.
Naturally, your $60,000 will drop to $47,500. You just lost $12,500 in just 24 hrs.
We can say that Bitcoin and Ethereum are behaving more like assets rather than currencies.
This is the problem that Emmetropia wants to solve.
What is Emmetropia?Emmetropia is a Waves-based token intended to be the ultimate storage of value.
By keeping the price steady, Emmetropia can reach that goal.
Emmetropia is a token born from my imagination as I watched the crypto world.
I started trading, so I bought a partial Bitcoin. I had a hard time buying the Altcoin I want so I was delayed.
But then, Bitcoin’s price fell down so I was able to buy less of the Altcoin I want just because I got delayed.
And, no, the Altcoin’s price didn’t move that much.
I asked myself, “What if instead of using Bitcoin or Ethereum, we can buy Altcoins using real money like the US Dollar?”
But I answered my own question after a few seconds.
In the online world, if you want to buy something using USD, you will have to use Paypal or credit cards.
And applying that in the world of crypto currencies defeats the purpose of decentralization.
Plus the fact that they can always file disputes with Paypal or their banks to get their funds back.
According to Wikipedia, Emmetropia is a state in which the eye is relaxed and focused on an object more than 6 meters or 20 feet away.
The light rays coming from that object are essentially parallel, and the rays are focused on the retina without effort.
Why did we choose this?
It sounds cool. Most people, including me, have heard of Myopia and Hyperopia, but not Emmetropia.
When I checked the definition, it was perfect for what I was building!
Emmetropia is the state of having perfect vision. It is the most perfect term for the experience I had when I realized that this is a problem my team and I can solve!
And so Emmetropia was born. And the rest will be history...
LinksWebsite
https://emmetropia.co Exchange: Soon (Back-end under construction)
Telegram:
https://t.me/joinchat/HG9pRxAwwp3dfQatdxPnlwTelegram Channel:
https://t.me/emmcoin Facebook:
https://www.facebook.com/EmmetropiaCoin/ Twitter:
https://twitter.com/EmmetropiaC Whitepaper: Soon
Coin SpecificationsTechnical Specifications
Platform: Waves
Mineable: Yes
Max Supply: 160,000,000
Identifier: FE9v5JSFZoHT47FFvAgQtDf1fDsj4QTGRnrJk56hk1rM
Symbol: EMM
Decimals: 8
AllocationAirdrop: 2,000,000
Pre-ICO: 2,000,000
ICO: 10,000,000
Staking: 50,000,000
Dev Team: 3,000,000
Unallocated: 13,000,000
Price Control: 60,000,000
Development: 20,000,000
Mass AdoptionThe success of a cryptocurrency depends on how many people use it.
Emmetropia must be adopted by the masses, even by those people who are not crypto enthusiasts, for it to gain a strong foothold.
Well, not only cryptocurrencies, but any kind of product requires mass adoption in order for it to be a huge success.
That is why a certain percentage of funds collected from Pre-ICO and ICO will be allocated
to promoting Emmetropia via internet ads such as Facebook etc.
We will talk to big merchants like Walmart, 7-11 and McDonalds, to name a few, to accept EMM as one of their payment methods. McDonalds recently announced they will accept Bitcoins.
WalletWe will have at least two types of wallet.
One will be a lite wallet for Android phones and iPhones.
Another version will be for desktop users. It will have a few features like a live exchange rate of various Altcoins from Eth-based to blockchain-based coins.
Might also be a multi-currency wallet.
Something we might consider in the future is a wallet with the ultimate security available to mankind with some extra features.
We don’t have the details yet. We'll focus on this once Emmetropia is stable enough.
Q&AThis section will be created later as we answer some of the most popular questions from you guys.
TimelineStart of Airdrop Registration
Start of Pre-ICO
Start of Pre-ICO Distribution
Start of ICO
Start of ICO Distribution
Start of Airdrop Distribution
Start of Staking
Hiring of additional team members
Launching of Website
External Exchangers
CoinMarketCap
First Partner Merchant
$50 per Token Target Price
Launching of Internal Exchanger
Creation of Own Blockchain
Migration to New Blockchain
$100 per Token Target Price
Pre-ICOPre-ICO plans has been changed after our original announcement thread has been deleted.
It will be 500,000 coins only @ $0.55 each.
But then each participant is only allowed up to a maximum of 500 Coins.
Pre-ICO Date – TBA
Pre-ICO Total: $275,000
ICOThere will be 8 Rounds of ICO. There will be 2 Rounds per day to be fair to people from different time zones.
This way, no matter where you are in the world, there will be an ICO in your waking hours.
No need to get up in the middle of the night to participate!
1,250,000 Tokens per Round for a total of 10,000,000 Tokens for the entire duration of our ICO.
Day 1
Round 1 – $0.80
Round 2 – $0.80
Total Funds to be Earned: $2,000,000
Day 2
Round 3 – $0.85
Round 4 – $0.85
Total Funds to be Earned: $2,125,000
Day 3
Round 5 – $0.90
Round 6 – $0.90
Total Funds to be Earned: $2,250,000
Final Day
Round 7 – $0.95
Round 8 – $0.95
Total Funds to be Earned: $2,375,000
ICO Total: $8,750,000
Soft cap: $3,000,000
Hard cap: $8,750,000
AirdropAirdrop will be distributed after ICO distribution is completed.
We might have 1 or more rounds of airdrop.
We don’t know for sure. But 2,000,000 coins have been allocated for Airdrop.
We are going to have 2 Types of Airdrop - the Public Airdrop and the Private Airdrop.
The Public Airdrop is available for everyone.
We will post details here or announce it in the Telegram Channel so make sure you are in the channel.
The Private Airdrop is available only to those who hold at least 500 EMM. Registration date will be announced.
We are still working on the number of Tokens and number of participants for this airdrop.
Bounty:
We won’t have a bounty program. We have a small team of only 4 people.
We cannot run and monitor a bounty program.
Airdrop alone is already an extremely daunting task.
Donation:
We don’t do donations in exchange of some Tokens. That is what garbage ERC20 Tokens usually do. We are not them so we won’t.
ContestDesign our Emmetropia Coin and receive a prize.
We will choose 3 winners. Max of 3 entries per person.
Create Emmetropia Wallpapers and receive a prize.
We will choose 10 winners. Max of 5 entries per person.
Start creating your entries now and we will announce where to send it via our Telegram Announcement Channel.
NOTA BENE: All entries will be our property.
Why Waves?We are still busy writing codes for our exchanger so we cannot write codes for a new token. Soon we will launch our own blockchain.
ERC20 was also considered, but with the recent surge of the price of Ethereum, and Cryptokitties, we decided to go with Waves Platform.
We will replace your existing EMM (Waves Platform) with the new EMM once our blockchain is up and running. Stay tuned for updates.
The Road to Top10Our target price is $10 by February of 2018. We will lock the price at $10. How?
We will all buy and sell at $10.
Do not sell below $10, do not buy above $10.
We know not everyone will follow the rule so here is what we are going to do.
Admins will place a sell order of 100,000 Tokens at $10.
At the same time we will place a buy order of 80,000 Tokens at $9.90.
(Figures are not actual, only for illustration purposes.)
*Due to the laws of Mathematics, our buy price will always be lower than our sell price. People can still earn money trading EMM, but those who will earn the most will be the hoarders.
Our goal is not to increase the price to thousands of dollars (at least not yet), rather we are here to provide a solid and stable cryptocurrency people can use.
Once we are ready to take the next big step i.e. increase the value of EMM, we will remove our buy and sell orders and let the market decide.
When we feel like the price has reached its peak, then we will be able to set our fixed buy and sell price.
Remember, we are here to be the most stable cryptocurrency to be used as a medium and not as an asset.
MiningWe will implement a Proof of Stake mining after the exchanger and wallet is up.
For the meantime, just hold on to your EMM and you will be rewarded for doing so.
Does 10% a month sound fair enough?
It will be a manual rewarding until the wallet is launched.
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