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Author Topic: "I need BTC to X"  (Read 4033 times)
cypherdoc
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July 06, 2011, 01:55:44 PM
 #21

x=buy food.
My dream is to be able to pay rent with them. (OK, sell them, and pay rent with the dollars)

Bruce Wagner already is.
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July 06, 2011, 01:58:31 PM
 #22

you guys are dreaming, which is fine.

My take on the OP, is what, TODAY, do you *need* BTC to buy? I think his point was "not much".

However, I have found it incredibly easy to gamble with BTC.  And speculate. I know there are sizable numbers of forum users who are against both of these things, but the reality is, that's what you can do with BTC today.  I'm having fun doing both.  But if we are to have a thriving BTC economy, we need that "killer app", that one thing (besides gambling and drugs - not that there's anything wrong with that), that only BTC can get you.

You'll say "anonymity" or all the usual Libertarian things (not that theres anything wrong with that, either).  But what will make my Mom or Dad (both diehard union liberals) or my Grandpa (die hard mid western gun nut conservative) say "I got to get me some of those bitcoins so I can buy a xxxxxx".

It aint Alpaca Socks (cool tho they are).

Let's find that killer app.

we already have.

http://www.thinq.co.uk/2011/7/6/bitcoin-android-app-tips/
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July 06, 2011, 05:22:55 PM
 #23

Get a divorce and all your coins go directly to X.

Anyone stupid enough to tell his wife how many btcoins he has deserves to lose them.

insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s



1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc
CydeWeys
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July 06, 2011, 05:28:29 PM
 #24

X = Anything I am presently forced to use PayPal for.
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July 06, 2011, 05:31:12 PM
 #25

x=bring down the banks and free the world from the rothschilds... obviously

Stan?! STAN?!?!
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July 06, 2011, 05:32:44 PM
Last edit: December 29, 2019, 06:23:28 PM by Phinnaeus Gage
 #26



Personal Sandbox

PLEASE DO NOT QUOTE






IAO Launchpad
Giving Crypto Startups Their Wings

Contents (including this bullet list, throughout OP all [underlined] links navigate to on-page subject matter unless preceded by 🔗 when ambiguous, viz. not a self-evident URL)


Introduction

🔗 IAO Launchpad, a novel Invite-only, affiliate-based crowdfunding platform, was principally designed for cryptocurrency Startups pursuing seed capital to propel their blockchain-based Utility Token projects.

IAO, an acronym for Initial Angel Offering, bears resemblance to the architecture of an ICO, etc. Contingent on context, IAO denotes the expressed acronym or the eponymous token-cum-ticker symbol when offered on anticipated crypto exchanges.

🔗 With Bitcoin on pace to surpass PayPal in terms of US dollar transactions, more people will enter the blockchain space, some evaluating new crypto ventures to support, preferably initial offerings listed on a trusted crowdfunding platform like IAO Launchpad.

Networks


Misc.

  • No bounties
  • No campaigns
  • No IAO reserves
  • No IAO tokens allocated for Team et al.

Problems IAO Launchpad Solves

Crypto Startups frequently lack funds to cover the most basic expenses, e.g. advertising, marketing and promotion.

  • IAO Launchpad doesn't require any up-front expenditure from nascent crypto companies.

Now that IEOs (not to mention STOs) eclipse ICOs as the crowdfunding option of choice, the burden of entry for Startups has become overbearing.

  • IAO Launchpad provides a cheaper, faster, and smarter way to acquire initial funding for Startups.

Supporters searching for the next big thing in Cryptoland want assurances that prospective ventures measure up to expectations (read: trustworthy).

  • IAO Launchpad and its members contribute to the vetting process of initially approved enterprises. Startups worth their salt will not have any difficulty sailing through the procedure.

For folks in pursuance of advantageous affiliate programs, rarely does one materialize in the crypto space.

  • As an integral formula for incentivization, all Startups questing funding on IAO Launchpad will integrate their own enticing affiliate programs, some, perhaps, [partially] paralleling ours outlined herewithin.

Benefits

For Startups Seeking Initial Funding

  • ZERO start-up cost
  • Floating flat-rate Fee schedule of 5%-10% (no tokens) for participation, satisfied at close of your crowdsale
  • Hard Caps feasibly achievable (min. U$210,000; max. U$2.1M)
  • Connect with our members pool champing at the bit to infuse funding toward your crypto endeavor, the sizable membership achieved through our unrivaled referral program featuring a generous affiliate prize structure
  • Access again to our pool of members if or when ready to conduct an imminent funding round(s) (ONSITE or offsite)
  • Unburdensome [yet effective] vetting process with guidelines provided beforehand
  • Our Team will assist with your marketing

For Supporters Seeking Innovated Upstarts

  • IAO Launchpad members remitting IAO to purchase Startups' tokens during their Pre-Sales enjoy at least a 20% savings
  • Permitted first options for participation in Pre-Sales during any future funding rounds of crypto ventures that successfully conduct an Initial Angel Offering on IAO Launchpad, echoing, saving at least 20% via IAO
  • With assistance from its members, IAO Launchpad vets Startups ahead of inclusions[Č] on the crowdfunding platform
  • IAO Launchpad will send at least one representative to personally meetup [worldwide on our dime] with agents of Startups upon passing the vetting process; the engagement live-streamed in real time[Č] on our dedicated YouTube channel for the intent of addressing fresh questions/concerns by potential supporters in advance of an IAO launch

Č Excluding the first IAO Launchpad crowdfunding participant – 🔗 Prasaga – (Data Grid Blockchain [DGB] with its native Data Grid Token [DGT]), an ambitious undertaking – given its Team’s overwhelming accolades, of which I (Bruno) have personally met its CEO, 🔗 Michael Holdmann, on several occasions.

For Affiliates Seeking to Maximize Their Involvement

  • Earn free IAO tokens upon Registering and generating your one-off seven-digit alphanumeric referral code
  • Earn bonus IAO tokens when enlisting sub-affiliates, down to two tiers
  • Bonuses multiplied up to 16X (20X if a Founder) when you or your sub-affiliates purchase IAO (see Refer-a-Friend Program)
  • As previously mentioned, Startups will implement [comparable] affiliate programs during their crowdfunding campaigns, bettering your likelihood of winning prizes upon enrollments

  • Fabulous prizes awarded to TOP 20 affiliates (images gleaned from the Net)

    • 1st Place: 2020 Lamborghini Huracán EVO Spyder [for the When Lambo? crowd] (or U$280,000 in crypto of choice)

      .
    • 2nd Place: 🔗 Viking Ultimate World Cruise (or U$100,000 in crypto of choice)

      .
    • 3rd Place: Rolex Day-Date 40 Yellow Gold - Diamond Bezel Watch (or U$60,000 in crypto of choice)

      .
    • 4th Place: U$25,000 in crypto of choice
    • 5th Place: U$10,000 in crypto of choice
    • 6th Place: U$5,000 in crypto of choice
    • 7th to 10th Place: U$2,500 in crypto of choice (U$10K total to 4 winners)
    • 11th to 20th Place: U$1,000 in crypto of choice (U$10K total to 10 winners)

The above awards predicated on the IAO Launchpad crowdsale reaching its Hard Cap of U$2.1M; or fully awarded upon the first 10 IAO Launchpad projects reaching the maximum-allowable Hard Caps (latter stipulation does not apply for projects' awards schedule unless sanctioned).

IAO Launchpad will make every effort in assuring transparency and fairness of our and ensuing Startups' affiliate referral contests as much as humanly possible.

Why $u¢h Mu¢h Prize$?

The substantial referral prize awards were patently structured to marshal - and guarantee - wide financial support from the crypto community for IAO projects they applaud.

With IAO Launchpad, Startups will readily have overwhelming funding support from our members functioning as a collective "Angel Investor", yielding ONLY up to 25% in cash and prizes to TOP-performing affiliates in preference to routinely double said percentage (comparatively speaking) to a rapacious institutional VC(s) for analogous results.

Fundamentally, incentivized mass appeal achieved by incorporating similar or modified affiliate programs into crowdfunding drives on IAO Launchpad, thereby heightening momentum for all future concerns.

How IAO Launchpad Works

With paid-for press releases (PR) conjectured in becoming a relic of the past, vigorous in-house affiliate programs start replacing such in bringing about more profitable payoffs for Startups and mature corporations alike.

Borrowing select affiliate pages from the playbooks of Binance, T-Mobile and Tesla (to name a few), IAO Launchpad's business model also consists of garnering support via its own Refer-a-Friend Program, further inspired by, and aspiring to, the effectual 🔗 Evernote Ambassador Program (paraphrasing: "remarkably amassing over 100 million users worldwide with a modest U$0 budget for user acquisition").

When crypto projects approach IAO Launchpad for admittance, our vetting process begins. Once timely approved upon passing muster, as an added deterrent our members likewise conduct semi-recurrent vetting in keeping nefarious actors at bay. Directly thereafter, IAO-HODLing members vote in determining the next queued Startup worthy for funding, in the interim, limiting the number of Startups to a TBD acceptable level at any given time.

Registered members require possessing IAO (any amount) to participate in crowdfunding projects on the IAO Launchpad platform.

Fee Schedule for Startups

IAO Launchpad does not necessitate tokens from Startups as part of Fees for their participation on our platform.

  • 10% ~ For minimum Hard Cap of U$210,000 (U$210K) raised
  • 7.5% ~ For up to U$1,000,000 (U$1M) raised
  • 5% ~ Between >U$1M and the maximum Hard Cap of U$2,100,000 (U$2.1M) raised

Flat-rate Fees peaked at 7.5% (schedule TBD) if Startups conduct subsequent funding rounds on IAO Launchpad.

Tokenomics


  • 21M IAO for sale, equating to U$2.1M Hard Cap
  • Up to 21M IAO dispersed via Airdrops and Refer-a-Friend Program
  • All unallocated IAO tokens BURNED at the conclusion of our crowdsale

For price discovery, IAO will trade on myriad crypto exchanges outside our influence and control.

IAO Airdrop for Registrants

No Purchase Necessary for Registering

Two-tier Reward System (unless Founder):

  • 60 IAO rewarded for simply 🔗 Registering [by Invite only] and obtaining your exclusive referral code
    • 30 IAO rewarded for each Invited sub-affiliate Registering below you using your referral code
    • 15 IAO rewarded each time aforementioned sub-affiliates successfully Invites additional affiliates
      • 15 IAO (3rd tier [multiplier] reserved for Founders)

Non-purchased Airdrop IAO tokens allocated at the end of the crowdfunding campaign prior to listing on the first crypto exchange (adding exchanges in due course) or ALWAYS released immediately upon reaching 1,000 rewarded IAO; purchased IAO - including any to-date rewarded IAO awaiting releasement - distributed immediately to users' dedicated IAO wallet addresses. Astute HODLers may opt to exercise purchasing the minimal order for IAO (see below) so to timelier take possession of their rewarded tokens if below the 1,000 IAO threshold.

IAO Sales Schedule

A minimum order of U$50 applies for purchases of the first 3 million (3M) IAO during the Pre-Sale; a minimum order of U$100 applies for Post Pre-Sale purchases of IAO; both schedules depicted below:

Pre-Sale

Price
Allotment.....
Total
U$0.0125
1M
U$12.5K
U$0.025
2M
U$50K

Pre-Sale Total: U$62,500 (U$62.5K)

Post Pre-Sale

Price..........Allotment.....
Total
U$0.05
3M
U$150K
U$0.10
5M
U$500K
U$0.15
10M
U$1.5M

Hard Cap: U$2,100,000 (U$2.1M)


Early Bird IAO Sales

For U$500, 100,000 (100K) IAO available to ONLY 10 Early Bird supporters, equating to a 150% premium over that of supporters taking advantage of the lowest Pre-Sale price point alone.

The 10 Early Bird supporters recognized as Founders, each enjoying additional perks as delineated:

For Founders

Limited to 100 Founders committing U$250 (excepting said 10 Early Birds), each receiving ...

  • 40,000 (40K) IAO (double lowest Pre-Sale price point; 100K IAO to each Early Bird detailed above)
  • An equal share of 10% (gross) of all revenue (read: via Fees) sourced from successful campaigns
  • First dibs in purchasing Utility Tokens of IAO Startups, saving at least 30% [via all purchasing means]
  • 20X Airdrop IAO when sub-affiliates (1st, 2nd & 3rd tiers; initially 30, 15 & 15 IAO, respectively) conduct purchases utilizing your referral code
  • Unfettered access to our HQ in assuring IAO Launchpad's integrity to the crypto community at large

Purchasers outlaying over U$250 for IAO automatically deemed Founders (100 max; tokens allocated accordingly).

All unallocated IAO tokens BURNED at the conclusion of our crowdsale.

Once BURNED, IAO Launchpad will no longer retain any IAO tokens.

Purchase IAO

Use the following crypto addresses for Bitcoin, Ethereum, Bitcoin Cash or Steller when submitting payment for your IAO purchase; visit our 🔗 Purchase Page and fill in the appropriate fields:

BTC for IAO purchases:  1Dcd31xiWTHcCYtvniuYVT3PGDe2LQtT2Q
ETH for IAO purchases:  0xa1A4ec6A3E241bE5a66a0F9798f372926F57954A
BCH for IAO purchases:  qz99uf0uznk4g9wa8t7te3u6c4hr0zuhx5c5ug8949
XLM for IAO purchases:  GDCRNCKUFKQPNYHXQZ5ADGGAF5JP7JGOWUHBATGU66CPMNQGT6JEA2LN

Other altcoins considered for IAO purchases on a case-by-case basis.

IAO Launchpad Refer-a-Friend Program

IAO Launchpad employs an Invite-only policy in recruiting new members, the first Invite bestowed by myself (Bruno) to BCT user 🔗 Vlad. For those reading this thread desiring to participate, please use Vlad's referral code (if lacking such) - CODE FORTHCOMING - when completing the 🔗 Registration Form.

IAO Launchpad rewards up to 16X Airdrop IAO, subject to sub-affiliates' participation levels.

Affiliates who directly recruit a paying patron will receive 4X the Airdrop IAO. In turn, if the sub-affiliate recruits a paying patron, then the original affiliate receives 2X the Airdrop IAO.

For the scenarios above, payouts doubled (up to 8X) if you, as a Registered Affiliate, priorly purchase the minimum order of U$50 for IAOs (see above); quadrupled (up to 16X) if exercising a minimum initial purchase of U$100; for a reasonable higher outlay, Early Birds and Founders enjoy better bonuses (follow [on-page] links).

IAO Launchpad (proper) WILL NOT participate in the referral program on its behalf. Employees, Team members, advisors, etc., of IAO Launchpad may partake in the affiliate program under the caveat that they first fully disclose their association with the platform. I, Bruno (IAO Launchpad Founder) will NOT knowingly or unknowingly participate in the referral program.

Referral Awards

Cash & Prizes Totally ~$500,000 Awarded to the TOP Producing Affiliates

Who can generate the most "Sales" during IAO Lauchpad's crowdsale?

A referral Sale occurs when someone visits our 🔗 Sales page and purchases IAO tokens using your affiliate code.

Prodigious prizes awarded to the TOP 20 affiliates who drive the most Sales! The WINNING affiliate DRIVES away in a hand-delivered (if US residence) 2020 Lamborghini Huracán EVO Spyder [if foregoing the cash equivalent via crypto].

Revisit the prize schedule above.

IAO Utility Token

As a true Utility Token, IAO passes the 🔗 Howey Test (Investopedia), its utility includes (but not limited to):

  • Governance: An Advisory Board made up of the [dynamic] TOP 21 IAO token HODLers having free rein in introducing policy changes to the IAO Launchpad platform on a continuous basis. Said board members also enjoy Founder privileges.
  • Voting: All IAO token HODLers given voting rights for publicized platform changes, Startup acceptances, and 🔗 The Water Project endowments, among other voting-related tasks, their votes weighted according to the amount of IAO they'll possess in their primary IAO wallet address and for how long HEDL.
  • Discounts: All IAO token-HODLing affiliates granted at least a 20% discount when paying with IAO (at least 30% if Founder or Early Bird) for purchases of forthcoming Utility Tokens advanced by vetted enterprises seeking funding on IAO Launchpad. A member's distinct referral/affiliate code also acts as their coupon code when paying with IAO at time of checkout. Discounts may vary per projects' prerogatives but, again, no less than 20% savings via IAO for imminent token acquisitions.

Given that IAO Launchpad is a US-based corporation, it will only support blockchain-based Startups advancing tokens passing the 🔗 Howey Test (Wikipedia), complying with SEC rules and regulations.

Charity Partner


IAO Launchpad proudly commits to ongoingly donate at least 2.1% of its revenue stream to 🔗 The Water Project, recognized as one of the TOP 5 crypto-accepting charities in the cryptocurrency space.


IAO Launchpad's IAO-HODLing members will vote on upcoming The Water Project 🔗 pending projects praiseworthy for endowment (perhaps one nearing its donation goal and/or Planned for date) ...

Choose Who to Help


Follow the link if you desire donating to The Water Project directly: https://thewaterproject.org/give-water?once.

In Summary

IAO Launchpad's Attributes & Development:

  • Incorporated in Wyoming and based in Nevada
    • LOCATION, Location, location: IAO Launchpad's HQ located in 🔗 Innovation Park once [office] facilities become available; until then, nearby in Reno, NV, open to all to drop by and partake our freshly brewed coffee and 🔗 Bees Brothers treats
  • By Invite only, Airdrop IAO to ALL for just 🔗 Registering
  • In anticipation of acceptance, an IAO Launchpad representative will conduct an in-person meetup with proprietor(s) of Startups, broadcast live-stream on YouTube just prior to their IAO launch
  • Fair and equitable Fees for Startup participation
  • Every Startup embracing IAO Launchpad incorporates its own affiliate program
  • Bountiful affiliate prizes during all crowdfunding campaigns
    • TOP prize: Lambo (or cash equivalent via crypto of choice, reserved for hard caps surpassing U$1M)
  • As a bona fide Utility Token, IAO Launchpad members enjoy at least a 20% discount when purchasing Utility Tokens of Startups via IAO during their respective crowdfunding campaigns; TOP 21 IAO-HODLers have the ability to suggest platform changes; ALL IAO-HODLers have voting rights for platform changes, Startup admittances, and 🔗 The Water Project projects inclusion for endowments, among other entitlements
  • Up to 100 Founder share a 10% stake in IAO Launchpad
  • Produce our version of [Crypto] Shark Tank for select merited Startups pursuing subsequent funding rounds
  • Support 🔗 The Water Project as our venerable Charity Partner of choice

Purchase IAO (Redux)

Use the following crypto addresses for Bitcoin, Ethereum, Bitcoin Cash or Steller when submitting payment for your IAO purchase; visit our 🔗 Purchase Page and fill in the appropriate fields:

BTC for IAO purchases:  1Dcd31xiWTHcCYtvniuYVT3PGDe2LQtT2Q
ETH for IAO purchases:  0xa1A4ec6A3E241bE5a66a0F9798f372926F57954A
BCH for IAO purchases:  qz99uf0uznk4g9wa8t7te3u6c4hr0zuhx5c5ug8949
XLM for IAO purchases:  GDCRNCKUFKQPNYHXQZ5ADGGAF5JP7JGOWUHBATGU66CPMNQGT6JEA2LN

Other altcoins considered for IAO purchases on a case-by-case basis.


Please inquire if you have any questions or concerns.

Bruno (Founder of IAO Launchpad)

PS: As an exercise in wordsmithship and my self-proclaimed writing prowess, this OP was penned in E-Prime.
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July 06, 2011, 05:48:16 PM
 #27

I don't think anyone "needs" BTC for normal purchases, just as you don't "need" prepaid credit cards, gold bullion or jewels.

The only peple that 'need' BTC are the people doing business over TOR. Everything there is sold with bitcoin.

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July 06, 2011, 08:05:33 PM
 #28

x=buy food.
My dream is to be able to pay rent with them. (OK, sell them, and pay rent with the dollars)

Bruce Wagner already is.

But my name is not Bruce Wagner.

BTC1MYRkuLv4XPBa6bGnYAronz55grPAGcxja
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July 07, 2011, 12:48:37 AM
 #29

Yeah,,, so you guys go figure that out. I'm going to make a sandwich.

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July 07, 2011, 12:57:46 AM
 #30

Yeah,,, so you guys go figure that out. I'm going to make a sandwich.

If this is an argument for why bitcoins aren't useful, it is silly. I mean, "I need USD for X", "I need paypal for X", and "I need credit cards for X" are all only answerable with X = to pay for things at places that accept them. It is the same with bitcoin. I need bitcoin to pay for things at places that accept bitcoin.
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July 07, 2011, 01:01:31 AM
 #31

Yeah,,, so you guys go figure that out. I'm going to make a sandwich.

If this is an argument for why bitcoins aren't useful, it is silly. I mean, "I need USD for X", "I need paypal for X", and "I need credit cards for X" are all only answerable with X = to pay for things at places that accept them. It is the same with bitcoin. I need bitcoin to pay for things at places that accept bitcoin.

I was actually just kidding.

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July 07, 2011, 01:03:06 AM
 #32

while BTC.price != stable {
difficulty--;
}

OR

while difficulty > 1000000 {
BTC.price = BTC.price*(difficulty/1000000);
BTC.price++;
}

Be fearful when others are greedy, and greedy when others are fearful.

-Warren Buffett
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July 07, 2011, 01:34:32 AM
 #33

Yeah,,, so you guys go figure that out. I'm going to make a sandwich.

If this is an argument for why bitcoins aren't useful, it is silly. I mean, "I need USD for X", "I need paypal for X", and "I need credit cards for X" are all only answerable with X = to pay for things at places that accept them. It is the same with bitcoin. I need bitcoin to pay for things at places that accept bitcoin.

I was actually just kidding.

Ah my bad. Didn't mean to go all serious on you then. My answer is I need bitcoins to become rich with just my graphics cards.
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