[ANN][pre ITO] MIT presale / Musical Instrument Token /1ST SIRIUS SMART CONTRACT

[bumface]

MIT - Musical Instrument Token.

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Website under construction! https://www.mitcrypto.tech/sources/

Source : https://github.com/siriuscore/sirius

Windows : https://github.com/siriuscore/sirius/blob/master/sirius-qt-windows-x64-0.3.zip



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MIT uses :

-Trade MIT for musical instruments and related gear like amps, effect pedals, strings, midi keyboard, studio monitors, etc (not yet accepted in music retail).

-Tip a musician you like so they can trade it for instruments or related gear.

-Trade on exchanges for other crypto`s or for Dollar or Euro or other currencies (not yet on an exchange).

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Technical specs :

-MIT is the worlds first ECR20 smart contract token on top of Sirius (SIRX)

Sirius : https://bitcointalk.org/index.php?topic=2609407.msg26554466#msg26554466

ERC20 token standard : https://theethereum.wiki/w/index.php/ERC20_Token_Standard

-Sirius is built on top of Quantum (QTUM) : https://qtum.org/en/

-QTUM whitepaper : https://qtum.org/uploads/files/a2772efe4dc8ed1100319c6480195fb1.pdf

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-Pre sale = $1 per 1 MIT.
-Total MIT = 1 million.
-Recommended Exchange starting value $1.

Distribution of 1M MIT:

250.000 MIT       Presale MIT.
250.000 MIT       Buy 1 MIT, get 1 MIT free.
200.000 MIT       Development fund / Bounties.
200.000 MIT       Free giveaway to musicians, guitar builders and industry professionals who meet the criteria (stimulate retail adoption).
100.000 MIT       Founder Koen Klijnsmit.

-100% of the $250.000 raised with the presale of 250.000 MIT will go to the financing of Klijnsmit Guitars, I`m giving away 25 custom guitars if the MIT pre sale is sold out..

https://www.instagram.com/klijnsmitguitars/

The private sale is not live at this time

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MIT sources

Wallet download process : https://docs.google.com/document/d/1lmxmWA2wTXp3OD7LXeuaOHA4vztswrxSfFFIzy6vLlo/edit?usp=sharing

The wallet process looks complicated now but will soon be a short and fun step by step animation with screenshots of what to do.

MIT Sources : https://docs.google.com/spreadsheets/d/e/2PACX-1vTXzVBddV9_Kx9Img1cpqLqit8FybTrYdCZ_aerIRbUzwMGgRURS4HeIUuGuNboRfVd7HQJmB3IzhBr/pubhtml?gid=389640208&single=true

Sirius thread : https://bitcointalk.org/index.php?topic=2609407.new#new

MIT slack channel : https://sirx.slack.com/messages/C8S469HCN

MIT terms : https://docs.google.com/document/d/e/2PACX-1vRn5UWIve8V5PzrBNVYDcciW7azGPIU4qeB-eoPuzOdTO59UPJ4xvw7eJZrYKgBuKqFheXWPH9lVyLa/pub

MIT Bounty list : https://docs.google.com/spreadsheets/d/e/2PACX-1vRI5gZ7ucQVPQ-doF6QI_XdFZj4Gqj7mAZlCjjkSVdqPpbmlZ7qGDldh6Q79_AwZDG53OgKCoeMBpXh/pubhtml?gid=0&single=true

[1714816135]

1714816135

[CoinMenX]

reserved 

[doktor1897]

this is a good idea, will probably be the first token of the smart contract sirius platform. I will wait for further news of this token

[JoinCoins]

100k for just 1 single person, whhats that for a distribution ?! not really fair played

[bumface]

100k for just 1 single person, whhats that for a distribution ?! not really fair played

MIT is my intellectual property. Getting MIT adopted in global retail takes a lot of work and it will take years. I do not work for free (you get what you pay for).

I don`t think it is unfair If I spend a lot of time, effort and money developing a proprietary recipe for a cake, and then I bake the cake and cut it into 10 slices and take 1 out of 10 slices for myself and give away 4.5 slices for free.

If you watch Shark Tank you will see that none of the entrepreneurs gets exited or stays incentivised with 3%.

I will publicly disclose what I sell and when, I start selling a bit when MIT = $10.

I`m also giving away 450.000 MIT for free (45% of total) so there really is no issue.

[bumface]

this is a good idea, will probably be the first token of the smart contract sirius platform. I will wait for further news of this token

It is confirmed to be the worlds first smart contract on Sirius.

[xibeijan]

Nice to see SirX already gaining traction.

[bumface]

Nice to see SirX already gaining traction.

Sirius has great community momentum right now and the devs behind it are some of the best crypto devs in the world.

MIT will be the worlds first smart contract layer on sirius but I think many more will follow.

[bumface]

ANNOUNCEMENT :

Bounty fund halved.

Reallocated 200k MIT for free giveaways to musicians, bands, labels and guitar builders etc.

This group will then want to contact music retail with a desire to spend their free MIT on musical instruments and related gear, turning them into marketing nodes.

You will qualify by having a social media presence (facebook, YouTube, Twitter or Instagram) older than 1 year with actual subscribers as well as a video of you playing or performing. I am talking about serious musicians, not an oompaloompa who made a YouTube channel yesterday and can play 1 chord.

[CoinMenX]

bounty for Sirius holder 

[andulolika]

Only 1 million? , I generally dislike tokens but 1m is small amount so i kinda like it .

[bumface]

Only 1 million? , I generally dislike tokens but 1m is small amount so i kinda like it .

Yes, and only 250.000 MIT can be purchased in the presale. Every 1 MIT bought in the presale will come with 1 free MIT.

Another 200.000 MIT will be given away for free to professional musicians and related industry professionals who meet the criteria.

[bumface]

ANNOUNCEMENT :

MIT presale terms created :  https://docs.google.com/document/d/e/2PACX-1vRn5UWIve8V5PzrBNVYDcciW7azGPIU4qeB-eoPuzOdTO59UPJ4xvw7eJZrYKgBuKqFheXWPH9lVyLa/pub

[bumface]

ANNOUNCEMENT :

Starting the bounty list today.

MIT Bounty list : https://docs.google.com/spreadsheets/d/e/2PACX-1vRI5gZ7ucQVPQ-doF6QI_XdFZj4Gqj7mAZlCjjkSVdqPpbmlZ7qGDldh6Q79_AwZDG53OgKCoeMBpXh/pubhtml?gid=0&single=true

[bumface]

ANNOUNCEMENT : THE MIT PROJECT IS LIVE!

I have just received the total supply of 1 Million MIT!



How to make an MIT receiving adress inside the Sirius wallet : ERC20->add token->Paste contract address top right-> Choose token address ->confirm->Right mouse on MIT in the list->copy receive address

[APVdeveloper]

how much it cost?

[biophil]

Does this token do anything? Or is it just for sending from here to there and back again?

You're asking for $350k* for... what? What justifies the creation of all that value?



* 350k = the $250k you raise, plus the additional $100k you'll hold in your 10% founder's stake.

[3dyx]

projects on musical instruments are very promising. where is this instrument created and where I can find information related to the manufacture of this instrument. thank you

[bumface]

how much it cost?

Hello

1 MIT = $1 in the pre sale but it is buy 1 get 1 free.

That means you get 2 MIT if you buy 1 MIT. The recommend starting sale price for the exchanges is also $1, that means if everybody does that the presale investors can double their investment on day 1, since they technically only paid 50 cent per 1 MIT.

The presale is 250.000 MIT so 500.000 MIT will be distributed in the presale. I am also giving away another 200.000 MIT for free to musicians and industry professionals like live music cafe owner, music label owner, producer, DJ, etc. This group will then start mailing retailers with a desire to spend their MIT.

[bumface]

Does this token do anything? Or is it just for sending from here to there and back again?

You're asking for $350k* for... what? What justifies the creation of all that value?



* 350k = the $250k you raise, plus the additional $100k you'll hold in your 10% founder's stake.

The value comes from a few things :

- Built on Sirius, very advanced new chain, and 1st smart contract on Sirius
- Musical instrument market will be $20 billion in 2020.
- I am an excellent and qualified operator (Original crypto pioneer from 2014).


The Telegram IPO is raising $1.2 Billion, I am raising $250.000, this is one of the smaller IPO`s nowadays. The personal 100k MIT is justified in post 5 of this thread.