[ANN] [FUTEREUM (FUTR)] [Ethereum Blockchain Derivatives Contract]

[futereum]

You are a team of three tech and finance experts who work with listed Fortune 500 companies, in the development of digital, mobile and Blockchain applications. Since the Futereum’s smart contract source code is published however, we don’t see any reason to make ourselves public figures right away. When to wait for the removal of masks and announcements of publicity?

Honestly, if you want the truth, because of the people like you who are in Crypto. You play in a world of Decentralisation based on someone's right to privacy and equalised basis of communal respect founded on the idea of the system / thing only, and all you want to know about are personalities? That's a dangerous person. In fact it's the type of "I wanna have my cake and eat it" mentality that Edward Snowden was uncovering in the national homeland security chiefs. These are the minds of politicians - and there seems to be so many of them in Crypto nowadays that it feels just plain unsafe for people who are not political by nature. Understand this is not a personal criticism of you. It is an answer to your question directly and truthfully. Hope you take it in that spirit for some of us in the world money is only a tool and power is privacy not publicity ) sorry if it sounds strange to you

[futereum]

FUTEREUM? it reminds me of Ethereum. 
I see it looks like this coin has great potential in the future. then where can I get this coin? is this coin already listed on the exchange and can be traded?

Read the whole website through (https://futereum.org) and this pamphlet through (https://futereum.org/wp-content/uploads/2018/01/FUTR-Jan18.pdf) and you should be getting FUTR delivered into your wallet no problem in pretty much no time at all!

[futereum]

Here is a more technical video explaining how Futereum's tri-part core/exchange/derivative utility functions work: https://youtu.be/1G4YAFfCaPk

We have nearly collectively mined 10,000 FUTR just over one week in

Great start!

[tradingdisaster]

>By employing a Fibonacci algorithm in the process of undertaking a reverse-mining of Ether (ETH)

Can someone explain this to me? I know what an algorithm is, I know what the Fibo sequence it, but I fail to see what reverse-mining is. And how a Fibo algo would help create an ETH derivative.

This smells like complete humbug to me.

[futereum]

>By employing a Fibonacci algorithm in the process of undertaking a reverse-mining of Ether (ETH)

Can someone explain this to me? I know what an algorithm is, I know what the Fibo sequence it, but I fail to see what reverse-mining is. And how a Fibo algo would help create an ETH derivative.

This smells like complete humbug to me.

Sorry, yes - it is a shitty description and you are right, it does smell like bullshit. It was likely one too many late nights that failed to catch that copy edit. What we meant was this - when FUTR is exchanged back for ETH, it is done on a %-per-% basis (that is the "reverse mining" bit), whereas when it is initially purchased with ETH, it is done according to that Fib. equation that runs down the FUTR/ETH column.

[bluelogic]

Which means early adopters are rewarded just like earlier adopters of Bitcoin/ETH.  There is now an endorsement for the pre-sale running on EtherDelta.  Also, I would check out the website there have been recent updates with a simplified whitepaper: https://futereum.org/

Updated 1/22/2017
- Updated member count
- Changed pre-sale end date

Pre-Order (20% Below Lvl 1 Mining Cost, Ends when it is gone!) Sold 1/2 of the pre-order in 3 days, didn't expect that kind of interest.

I have been in the Telegram Community: https://t.me/FutereumCommunity chat for the last few days and the community has been a great help in helping us understand this product, especially Amanda, who never sleeps and AK899.  I’m excited about this project (I’m a large FUTR investor) that I want to get more people involved.  To do so I’m selling a portion of my FUTR pre-order for 20% below level 1 mining cost!  You don’t get it cheaper than that when it gets listed on Open Ledger, February 2 (when this pre-sale ends).  This discount is on the honor system but I figure it would be enough to get you to join into our chat room to learn more. 

Personal Endorsement by Futereum! (https://medium.com/@futereum/how-futereum-will-to-change-the-world-168d0853dc8d)
EtherDelta Listing: https://etherdelta.com/#0xc83355ef25a104938275b46cffd94bf9917d0691-ETH

Token Validity can be confirmed by checking the Contract Address on EtherDelta to Etherscan: https://etherscan.io/token/0xc83355ef25a104938275b46cffd94bf9917d0691 click the link "Make sure Futereum Tok is the token you actually want to trade. Multiple tokens can share the same name." and it will launch to Etherscan.   Check the Futereum website and you will see the same Contract Address: https://futereum.org/

There are 126 members in the FutereumCommunity Chat and I'm in the chat room if you have questions.

[layra]

i wish this project a big success in the near future, count my support thru sharing and posting on my social media accounts. goodluck to this project and goodluck to you dev.

[futereum]

Futereum back in the news today credited here with heralding in the era of the Reverse-back Crypto offering: https://www.cryptoninjas.net/2018/01/23/futereum-foundation-coins-term-reverse-back-cryptos-rbc/

Encouraging to see Futereum innovations getting such widespread acknowledgement so soon in the game!

[nastynas11]

Probably another scam from Daniel Harrison, creator of Monkey Capital. He's tweet about it: https://twitter.com/dmhco/status/955897754559090689

[futereum]

Probably another scam from Daniel Harrison, creator of Monkey Capital. He's tweet about it: https://twitter.com/dmhco/status/955897754559090689

Sorry, it seems you may be mistaking the project for another. We heard that there were a lot of this people in Telegram today too. Plewase we ask you respectfully to keep discussion calm and measured in the Futereum Telegram. We do not monitor or administer the rooms for Futereum as we want to create decentralised ecosystem first of all, but this means we must be respectful and not loud and pushy with out points. Thank you for understanding and we hope you look more closely at our project and like it )

[futereum]

More nice press for FUTR: https://www.legalgamblingandthelaw.com/news/futereum-to-answer-skeptics-questioning-inherent-value-in-cryptos/

"The common complaint which we can hear from crypto currency skeptics is that crypto currencies do not carry any inherent value. The developers of Futereum (FUTR) have formulated a strategy to create a minimum instant value in their offered coin. The Futereum smart contract enables its native token, known as FUTR, a utility derivative. The smart contract is powered by the Ethereum network. By employing a Fibonacci algorithm in the process of undertaking a reverse-mining of Ether (ETH), FUTR simulate Ether Derivatives Contracts while giving miners whitelisted early access to similar future product releases ...

... FUTR is a unique payment utility that works like a call option on the payment currency itself. In this way, merchants are able to charge their customers progressively less over time while making much more in return for the same goods and services.

The developers claim that it is the world’s first value enhancement of the block chain."

[futereum]

Also very interesting chart here: https://twitter.com/futereum/status/956436758949974016

[nastynas11]

video about this "project" from the guy who said "Monkey Capital isn't a scam":
https://www.youtube.com/watch?v=yITnOeR6JEM&feature=youtu.be

Daniel Mark Harrison, we can smell you scam ass stink everywhere.

[ODINN]

Stay away from this shit.



You need 600 milion USD to make it work. If not, your ETH will be taken away in form of "penalty fees" over and over.
If you pay any money into this contract you locking your eth for 36 months. And 15% is taken away just for locking it.
next 20% is taken away when you do not swap ($600mil needed). Afterwards contract repeats itself. Your eth is still there.
You are left with worthless token.

Some idiots already paid 100 eth into it.
You are paying into Daniel Harrison piggybank.

read back
https://bitcointalk.org/index.php?topic=2010103.540

and here
https://bitcointalk.org/index.php?topic=391806.msg26365281#msg26365281

and here
https://www.coindesk.com/cryptocurrency-hedge-fund-hit-class-action-lawsuit/

lawsuit
https://anonfile.com/Y1Cfobddbb/5_6183901398908796952.PDF

[rendravolt]

This sounds rather funny, futureum? the future of ethereum? I think it's a little pushy. But this is what is unique, all have followed the growing trend in the world of cryptocurrency.

[ODINN]

Can we please make admin aware that this thing is SCAM.

As you can see even admin of telegram community bailed
Deleted account with "star" mark







SCAMMER is still active on twitter and prepping invite only room, so he could scam people undisturbed

https://twitter.com/futereum?s=09

[dinoo]

Welcome back DMH. Missed you. Already getting the popcorn, let the entertainment begin : )

[necromastery]

Is this seriously? This guy already collect more than 100 eth from mining participant and it's less than a week. Looks like so many people are hypnotized by the price of this token, you're all should be carefull.

[futereum]

Is this seriously? This guy already collect more than 100 eth from mining participant and it's less than a week. Looks like so many people are hypnotized by the price of this token, you're all should be carefull.

Now you are done, it's a smart contract. No one needs to "be careful". That is what the point of a SMART CONTRACT is for! It is an extension of Satoshi's original idea whereby a technology would provide a trustless interface for financial transactionability.

Also, no "guy" collected the 100 ETH++ (good going on that one by the way!) The SMART CONTRACT is the collector of the ETH but let us help you by breaking it down:

When you purchase FUTR by sending ETH to the smart contract, this ETH that you sent is stored INSIDE the smart contract until the date and time of the swap-back (which in addition is voluntary, not mandatory). The FEES from the ETH are held in a wallet wherein another smart contract exists as the executor of an alternate product that will become available in the near future. (About 50% of the fees are used for core development purposes and about 50% of the fees are employed in alternate product utility. This is ALL OUTLINED IN FULL IN THE TOKEN'S WHITE PAPER!)

There is no need to "be careful" if you understand the source code of the contract. If you do not understand the smart contract source code, or if you "feel" that "some guy" may be collecting this ETH that is stored in the smart contract - despite the technological capability of the Ethereum Virtual Machine and what you know about it already - then, okay, admittedly if this is the case you should probably not play Futereum or any ERC-20 token as you will probably not be able to value the token correctly. Note that by making such a claim you are not challenging the Futereum project scope, you are challenging the Ethereum project scope, so you ought to be prepared to be able to argue very concisely with Vitalik Buetrin; if this is the case then we suggest you send an e mail to the Ethereum Foundation: https://ethereum.org/ as we are quite sure they will be interested in knowing about such a potential flaw in what is the core USP of their product spec!

[e46m3]

I'm sure this will lead to CRAAZYYYYY profits for investors Daniel Harrison.
Investors are going to be LINING UP to partner with join the class action against Daniel Harrison.
No one knows how to lay dump a market like Daniel Harrison.

He's definitely the FUTR (Fraudulent, Underhanded, Thieving Reprobate) of crypto.
Avoid this and any other project associated with this snake oil salesman.