[ANN] [ICO] Scavenger Hunt Token - The worldwide token hunt. Gotta find'm all!

[nims]

https://www.sht.watch/images/ico_site.png
Visit our ICO at https://www.sht.watch
Remember Pokemon go? Well, we are the first Initial Coin Offering (ICO) where you can get crypto currencies by walking around in the real world! We have hidden different coins all over the world. Get SHT1, SHT2 and SHT3 by digging, but you are not alone! Other hunters are trying to find them before you, so be fast! To dig for SHT tokens, you need to go outside. During the crowdsale you can buy SHT only with Ethereum. The crowdsale has different phases, so be quick to buy them cheap!

The following deadlines apply:

•    1000 tokens for 0.01ETH @ 1st Phase till March 31st 2018
  
•    500   tokens for 0.01ETH @ 2nd phase April 1st - April 30th 2018
  
•    100   tokens for 0.01ETH @ Last phase May 1st - June 30th 2018
  
•    After July 1st 2018 Only digging for tokens is possible
  

Our Bounty Program
https://alpha.bounty0x.io/bounties/host/Scavenger%20Hunt%20Token

Why invest in SHT?
We have a location based (GPS) token that allows the tracking and tracing of real-time objects on the blockchain. SHT looks like a game, but the technology is created for various location based use-cases. We have the possibility to attach tokens to real-world object providing location based incentives for users. E.g. you will get 10.000 extra coins if you visit our store within the next 24 hours. The SHT technology can make this happen!

Our apps
https://www.sht.watch/images/ico_apps.png

Our Roadmap
https://www.sht.watch/images/roadmap.png

Our Technology
https://www.sht.watch/images/ico_tech1.png
https://www.sht.watch/images/ico_tech2.png

Our Quests

With the Scavenger Hunt Token we have build a platform where anyone can use their GPS location to find free crypto tokens while walking outside. People are spending more and more time indoors glued to consoles, headsets, phones, and TV. With Scavenger Hunt Token, we like to give people the opportunity to go out, meet new friends and reward you at the same time. We have added a new feature that gives you an interesting and educational, platform that engages users to discover the world around them by sharing places of interest.

We are proud of our first quest on the platform called: "Places of Interest". https://js.sht.watch/poi

The steps of your quest: Code: 1. Walk towards a point of interest using SHT1, SHT2 or SHT3. 2. Enter an informative description next to the Place Of Interest button 3. Hit the Blue "Place of Interest" button to share it on the map 4. Wait for the network to place your message on the map You are now ready to receive the reward of 50 tokens per place you add. Important: Once a day, we manually check if each description follows the following rules: Code: 1. The place exists in the real world. 2. The description is more then just a name and 3. it is informative and contains some local facts

Have fun exploring your world and share your points of interest with others!

https://js.sht.watch/img/poi_share2.png

[rafzalan]

Interesting project.
I will follow it.

[nims]

Interesting project.
I will follow it.

Any suggestions or thoughts attm? Looking for tips to improve.

[gold969]

Visit our ICO at https://www.sht.watch
Remember Pokemon go? Well, we are the first Initial Coin Offering (ICO) where you can get crypto currencies by walking around in the real world! We have hidden different coins all over the world. Get SHT1, SHT2 and SHT3 by digging, but you are not alone! Other hunters are trying to find them before you, so be fast! To dig for SHT tokens, you need to go outside. During the crowdsale you can buy SHT only with Ethereum. The crowdsale has different phases, so be quick to buy them cheap!

The following deadlines apply:

•    1000 tokens for 0.01ETH @ 1st Phase till March 31st 2018
  
•    500   tokens for 0.01ETH @ 2nd phase April 1st - April 30th 2018
  
•    100   tokens for 0.01ETH @ Last phase May 1st - June 30th 2018
  
•    After July 1st 2018 Only digging for tokens is possible
  

Why invest in SHT?
We have a location based (GPS) token that allows the tracking and tracing of real-time objects on the blockchain. SHT looks like a game, but the technology is created for various location based use-cases. We have the possibility to attach tokens to real-world object providing location based incentives for users. E.g. you will get 10.000 extra coins if you visit our store within the next 24 hours. The SHT technology can make this happen!

Our apps


Our Roadmap


Our Technology




edit: Being a newby around here, the images don't appear. So feel free to repost them .

to view images

Pokemon I will not catch, but tweet did, your gratitude can be reflected in any address that is on my page on Twitter _{https://twitter.com/Bill_Djons/status/957771372008263681}

[rafzalan]

How many tokens exists?
Who can hide them?
What will you do with unsolds?
Do you have a team?
Is there a github?

I really like the idea

[nims]

Thank you for the questions rafzalan! I will try to answer them as thoroughly as possible, one by one.

How many tokens exists?

The SHT tokens can be bought for ETH during the crowdsale period without any limit, although the price gets higher, during this period. After the crowdsale, it is no longer possible to buy more,. This means that the total supply is fixed at the crowd-sale end. Where the coins are hidden, is based on an algorithm that uses a one way key based on the GPS location and a pre-configured contract key. This then uses a chance in percentage calculation to determine the payout. These chances are:
100.000 (0,000001%)*
1.000 (0,001%)
500 (0,01%)
200 (0,1%)
50 (1%)
3 (10%)

To calculate the amount of hidden tokens, we first need to determine the amount of possible dig locations. We have divided our earth into GPS based grids of about 100 by 100 meters. This is done by actually rounding the GPS coordinates to 3 decimals, and using that spot, to dig for tokens.

Based on this information, we can calculate the maximum amount of GPS values. This is: For Lat: -90,000 to +90,000 making it  180.000 possible Lat Values.
For Long this is: -180,000 to +180,000 making it 360.000 possible Long values.

This brings the total possible dig locations to: 180.000 * 360.000 = 64.800.000.000. However we assume that most people will dig on Land, so that means that around 30% is actually "diggable". This brings down the potential to 64.800.000.000 * 30% = 19.440.000.000 diggable spots. Let's cal this "constant" D.

If we then take the chance of finding tokens into the equasion, and change the % to the actual number, this results in:
D*0,00000001 * 100.000 = 19.440.000 SHT
D*0,000001 * 1.000 = 19.440.000 SHT
D*0,0001 * 500 = 972.000.000 SHT
D*0,001 * 200 = 3.888.000.000 SHT
D*0,01 * 50 = 9.720.000.000 SHT
D*0,1 * 3 = 5.832.000.000

Adding this all up, this brings us to kind of realistic total of: 20.450.880.000 SHT tokens. But we need to add the initial token sale amount here, too.
Note: Tokens cannot be splitted, or divided so we always find, transfer or sell 1 single token.

Also there is a catch. Digging for tokens, actually DESTROYS one token. Meaning that the supply will shrink, during digging. I of course cannot predict the final supply, but you can imagine that chance is playing a big role. However, we do always track the amount of tokens currently in supply on our token trackers, on the website (as part of the smart contract).

Who can hide them?

The current contract uses a fixed algorithm, which means no more tokens can be hidden. They are pre-hidden based on one-way encryption keys. This is hardcoded in the contract, to really limit the available supply (see above).

What will you do with unsolds?

There is nothing to do with them, because when someone buys a token during the crowdsale, it is minted on the spot. So no unsolds are available, or even come into existence.

Do you have a team?

Not at the moment but that is part of our roadmap and main usage of the funds we can get during the ICO. So if there is anyone interested into helping out, or joining this development, just reach out to me.

Is there a github?

Not yet, but as part of our roadmap, we want to open-source the solution at a later stage. This really depends on the success of the ICO, because we also want to stay ahead
of the competition. Therefore we first want to develop commercial products and services around the SHT technology, so that we have a healthy influx of cash for our platform.

I really like the idea

Well, just start digging

[nims]

https://www.sht.watch/images/ico_site.png
Visit our ICO at https://www.sht.watch
Remember Pokemon go? Well, we are the first Initial Coin Offering (ICO) where you can get crypto currencies by walking around in the real world! We have hidden different coins all over the world. Get SHT1, SHT2 and SHT3 by digging, but you are not alone! Other hunters are trying to find them before you, so be fast! To dig for SHT tokens, you need to go outside. During the crowdsale you can buy SHT only with Ethereum. The crowdsale has different phases, so be quick to buy them cheap!

The following deadlines apply:

•    1000 tokens for 0.01ETH @ 1st Phase till March 31st 2018
  
•    500   tokens for 0.01ETH @ 2nd phase April 1st - April 30th 2018
  
•    100   tokens for 0.01ETH @ Last phase May 1st - June 30th 2018
  
•    After July 1st 2018 Only digging for tokens is possible
  

Why invest in SHT?
We have a location based (GPS) token that allows the tracking and tracing of real-time objects on the blockchain. SHT looks like a game, but the technology is created for various location based use-cases. We have the possibility to attach tokens to real-world object providing location based incentives for users. E.g. you will get 10.000 extra coins if you visit our store within the next 24 hours. The SHT technology can make this happen!

Our apps
https://www.sht.watch/images/ico_apps.png

Our Roadmap
https://www.sht.watch/images/roadmap.png

Our Technology
https://www.sht.watch/images/ico_tech1.png
https://www.sht.watch/images/ico_tech2.png


edit: Being a newby around here, the images don't appear. So feel free to repost them .

to view images

Pokemon I will not catch, but tweet did, your gratitude can be reflected in any address that is on my page on Twitter _{https://twitter.com/Bill_Djons/status/957771372008263681}

Thanks for showing the images! I've sent you 50 SHT2 tokens as a thank you to your ether address on your Twitter. You can see the transaction here: https://js.sht.watch/sht2

[bolshojkush]

Do you plan bounty program this project?

[nims]

Do you plan bounty program this project?

Have not been planning it. Are you interested in some bounty?

[rafzalan]

Thanks for your reply earlier.
I like this project and hope a big success for funder.
A bit aware of investing in a closed project with a smallest team possible.
But anyway if it succeed a very big profit will be waiting for investors.

[nims]

Thanks for your reply earlier.
I like this project and hope a big success for funder.
A bit aware of investing in a closed project with a smallest team possible.
But anyway if it succeed a very big profit will be waiting for investors.

Thanks! I hope it is succesfully too . However I don't know how to reach the public with this. Do you have some tips on how to bring this to their attention?

[Mi5h0]

Thanks for your reply earlier.
I like this project and hope a big success for funder.
A bit aware of investing in a closed project with a smallest team possible.
But anyway if it succeed a very big profit will be waiting for investors.

Thanks! I hope it is succesfully too . However I don't know how to reach the public with this. Do you have some tips on how to bring this to their attention?

Interesting approach! Combining scavenger hunt games and mining.

The project has a solid idea, but it needs hype!
I think you should organize a bounty program to promote this to the public. Reserve a certain amount of tokens for bounty prizes and hire a bounty manager.

[nims]

Interesting approach! Combining scavenger hunt games and mining.

The project has a solid idea, but it needs hype!
I think you should organize a bounty program to promote this to the public. Reserve a certain amount of tokens for bounty prizes and hire a bounty manager.

Sounds like a good idea, so how do I do this? This is the first time I am doing this, so it's all new to me . Who is a good bounty manager?

[nims]

Based on your tip, i've setup a bounty reward program. If you want to get some SHT, go here: https://my.bountyguru.com/campaign/SHT

[pendul]

Hello dev! Can you please tell something about the bounty program, if it's gonna be ?

[kolaska]

Thanks for your reply earlier.
I like this project and hope a big success for funder.
A bit aware of investing in a closed project with a smallest team possible.
But anyway if it succeed a very big profit will be waiting for investors.

Thanks! I hope it is succesfully too . However I don't know how to reach the public with this. Do you have some tips on how to bring this to their attention?

Interesting approach! Combining scavenger hunt games and mining.

The project has a solid idea, but it needs hype!
I think you should organize a bounty program to promote this to the public. Reserve a certain amount of tokens for bounty prizes and hire a bounty manager.

I agree that this is a great idea, but I do not understand how this project will be realized. I'm ready to take part in the bounty

[nims]

Our bounty program is live: https://sht.watch/#bounty  so promote us to earn SHT!

I am using BountyGuru to manage the bountys, so that everything goes without issues:
https://my.bountyguru.com/campaign/SHT

[nims]

I agree that this is a great idea, but I do not understand how this project will be realized. I'm ready to take part in the bounty

Most of the tech has been realized at the moment, so you can already use the SHT app and dig for tokens. The roadmap, and ICO is to raise money to develop the project further and commercialize the solution. The technology allows various location based use-cases. We have the possibility to attach tokens to real-world object providing location based incentives for users. E.g. you will get 10.000 extra coins if you visit our store within the next 24 hours. The SHT technology can make this happen! See the roadmap for our plans: http://sht.watch/#roadmap

[rafzalan]

Thanks for your reply earlier.
I like this project and hope a big success for funder.
A bit aware of investing in a closed project with a smallest team possible.
But anyway if it succeed a very big profit will be waiting for investors.

Thanks! I hope it is succesfully too . However I don't know how to reach the public with this. Do you have some tips on how to bring this to their attention?

Interesting approach! Combining scavenger hunt games and mining.

The project has a solid idea, but it needs hype!
I think you should organize a bounty program to promote this to the public. Reserve a certain amount of tokens for bounty prizes and hire a bounty manager.

I agree that this is a great idea, but I do not understand how this project will be realized. I'm ready to take part in the bounty

I think it is so interesting. You can do many things, I Mean a lot of different strategies exist.
Sure this project needs a full time professional marketing admin.

[nims]

For those who are interested in getting SHT bounty: Visit https://bitcointalk.org/index.php?topic=2856385.0