[ANN][ICN] iCoin - On Swisscex, C-Cex, Bittrex exchange

[Viperbass]

Ok this is fucked up!

I am not happy with this situation and will stop investing in this coin now. it's clear only 1 person has control of this coin which is not healthy. cointopic and viperbass I suggest
starting another coin with someone else because it's most likely you are being setup.

If you are doing a 1% premine make sure all coins will be mined out within 20 years, .5% premine for a 40 year coin...

I will have a chat with CaptainHook to see if the premine can't be distributed between the team more evenly, I understand the risk of 1 person controlling all the funds and have
explained this to Captain already.

I will feedback once I have heard back from him.

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[Gravity]

Ok this is fucked up!

I am not happy with this situation and will stop investing in this coin now. it's clear only 1 person has control of this coin which is not healthy. cointopic and viperbass I suggest
starting another coin with someone else because it's most likely you are being setup.

If you are doing a 1% premine make sure all coins will be mined out within 20 years, .5% premine for a 40 year coin...

I will have a chat with CaptainHook to see if the premine can't be distributed between the team more evenly, I understand the risk of 1 person controlling all the funds and have
explained this to Captain already.

I will feedback once I have heard back from him.

Viperbass your one of the reasons I trusted this coin , this shit should of been sorted out between yourselves at the start. This looks like a get rich scheme for CaptainHook,
couldn't you or cointopic see this?

[fablkak]

The devs might see 1% premine as reasonable, the miners and investors see it as a risk.
Transparency and a give away schedule is what we need to see. To reiterate:

More spending on promotion
 =
More exposure and more investors
=
Less premine in the hands of a mystery dev
=
More trust from the community.

Do we need to make it any clearer? SPEND THE PREMINE ON ADVERTISING and be transparent about it!


ps: I was using the http://speedminer.org pool mentioned above and it worked just fine, very low reject rate. I'll go back to that pool once there is a little more trust in this coin.

iCoin
BcFp3aHNtepyZtrZhwqkfivmrHffUkyrhL

[Gravity]

The devs might see 1% premine as reasonable, the miners and investors see it as a risk.
Transparency and a give away schedule is what we need to see. To reiterate:

More spending on promotion
 =
More exposure and more investors
=
Less premine in the hands of a mystery dev
=
More trust from the community.

Do we need to make it any clearer? SPEND THE PREMINE ON ADVERTISING and be transparent about it!


ps: I was using the http://speedminer.org pool mentioned above and it worked just fine, very low reject rate. I'll go back to that pool once there is a little more trust in this coin.

I will also await more response on this matter, CaptainHook aka Mystery Dev should be doing a lot more promotion with that premine.

[nrhs05]

The devs might see 1% premine as reasonable, the miners and investors see it as a risk.
Transparency and a give away schedule is what we need to see. To reiterate:

More spending on promotion
 =
More exposure and more investors
=
Less premine in the hands of a mystery dev
=
More trust from the community.

Do we need to make it any clearer? SPEND THE PREMINE ON ADVERTISING and be transparent about it!


ps: I was using the http://speedminer.org pool mentioned above and it worked just fine, very low reject rate. I'll go back to that pool once there is a little more trust in this coin.

Isnt the premind 5million, and a total of 42 million coins, so a premine of ~ 12%?? I just thought of this yesterday!!!  i donno why it didnt hit me

[fablkak]

500,000,000 coins over 900 years....
so 1% is 5,000,000 however because of the very slow release this represents quite a lot of mining which is scaring away all us would be early adopters.

iCoin
BcFp3aHNtepyZtrZhwqkfivmrHffUkyrhL

[luckygenough56]

5 millions out of  maybe around 17.5 millions to be released during first year. 28%.

[Gravity]

viperbass and cointopic if Captainhook ends up being a scammer you guys can simply start up another iCoin with a developer you trust and do things properly from the start. Clearly a lot of work has gone into
this from both you and you have all the design in place.

I really hope I am wrong about this situation and the community hears a response from CaptainHook ASAP. FYI - He still hasn't replied to my PM about helping to market the coin.

edit: You still haven't answered my question regarding his contact details?

[illodin]

WTB 100,000 iCoins for 0.1 BTC.

[Viperbass]

viperbass and cointopic if Captainhook ends up being a scammer you guys can simply start up another iCoin with a developer you trust and do things properly from the start. Clearly a lot of work has gone into
this from both you and you have all the design in place.

I really hope I am wrong about this situation and the community hears a response from CaptainHook ASAP. FYI - He still hasn't replied to my PM about helping to market the coin.

edit: You still haven't answered my question regarding his contact details?

Hey Gravity,

I understand your concerns and I am waiting for a response from CaptainHook about sharing the funds with the team so we can manage the marketing properly and don't have to solely rely
on him.

Regarding your question I only know Cointopics details, we both don't know who CaptainHook is, with that being said he has always delivered with regards to previous giveaways
and paying off of bounties and rewards. Our discussions have all been via PM and via skype under the name CaptainHook.

I know it looks bad and maybe cointopic and I have been too trusting in this case, but once I hear back from CaptainHook about how we going to deal with the premine I will
let you all know.

I have always been honest with the community and will continue to do so, I didn't invest my time for the money, I have enough , I invested my time in iCoin because I think it can be special, yes
we do have one problem and we will try resolve it to establish trust regarding the premine.

[nrhs05]

viperbass and cointopic if Captainhook ends up being a scammer you guys can simply start up another iCoin with a developer you trust and do things properly from the start. Clearly a lot of work has gone into
this from both you and you have all the design in place.

I really hope I am wrong about this situation and the community hears a response from CaptainHook ASAP. FYI - He still hasn't replied to my PM about helping to market the coin.

edit: You still haven't answered my question regarding his contact details?

Hey Gravity,

I understand your concerns and I am waiting for a response from CaptainHook about sharing the funds with the team so we can manage the marketing properly and don't have to solely rely
on him.

Regarding your question I only know Cointopics details, we both don't know who CaptainHook is, with that being said he has always delivered with regards to previous giveaways
and paying off of bounties and rewards. Our discussions have all been via PM and via skype under the name CaptainHook.

I know it looks bad and maybe cointopic and I have been too trusting in this case, but once I hear back from CaptainHook about how we going to deal with the premine I will
let you all know.

I have always been honest with the community and will continue to do so, I didn't invest my time for the money, I have enough , I invested my time in iCoin because I think it can be special, yes
we do have one problem and we will try resolve it to establish trust regarding the premine.

I do agree, give everyone a chance to voice their side of things before jumping to conclusions and getting the pitchfork out . You have handled this quite well viper, a community with questions can be a rather hostile one!
I do like the thought of this coin as it could appeal to lots, hope all gets sorted.

[captainhook]

Everyone knows 1% premined stated clearly when the coin released, both in ANN thread and Github readme. Nothing to hide from this, anyone can check source code for that.

500k iCoin was given away for Bounties, Graphic design, PR, Dice, Faucet and still going on. Without the premined, we think we were not able to build these great services and have amazing people like Viberpass and Cointopic.

The premined coins are being used for lot of things now and future.

We are not in hurry to push the coin, we are slowly building services around the coin day by day.

And all services are paid in iCoin only, everyone takes part in will have shares in this 1% premined.

As planned, we are still working to add iCoin to Chinese Exchange.

It's Chinese new year here and i am still in hostpital, will back to you later.

Happy new year and cheers!
C.H.

[Viperbass]

Thanks Captain.

I have also just spoken to CaptainHook and we will try be as forthcoming and transparent as possible about the premine.

Later on I will post all the links to the other giveaways and services not included in the OP where iCoin was payed out.

Captainhook is also the dev that I mentioned earlier that broke his leg last week friday but I didn't want to bring that up in the conversations to distract from what people
are feeling.

I am glad this was discussed sooner rather then later and hopefully soon when we release our new branding for iCoin that you will see some investment going into it.

Please if anyone has been hard done by or a bounty has not been payed please let us know.

Thanks you for theses discussions and we will improve transparency from our side.

[Gravity]

This is all the community wants!

THANK YOU!

[TeamICoiN]

Community questions and answer session with Viperbass on IRC.

7pm GMT this Saturday Viperbass will hold a questions and answers session with the community.

This is to get through concerns, plans and questions you have regarding iCoin going forward... we have had a day of turmoil on the forums and
we want to address all your concerns.

This will be done more frequently going forward.

[Reverb]

Community questions and answer session with Viperbass on IRC.

7pm GMT this Saturday Viperbass will hold a questions and answers session with the community.

This is to get through concerns, plans and questions you have regarding iCoin going forward... we have had a day of turmoil on the forums and
we want to address all your concerns.

This will be done more frequently going forward.

Thats great!

[wing_hk]

Everyone knows 1% premined stated clearly when the coin released, both in ANN thread and Github readme. Nothing to hide from this, anyone can check source code for that.


As planned, we are still working to add iCoin to Chinese Exchange.

It's Chinese new year here and i am still in hostpital, will back to you later.

Well I have joined the QQ group for long time and talk to the group host from time to time

Yes they are trying to push ICOIN to some Chinese exchanges but they also need some killer features and hot topic/promotion as the selling point.

I agree ICOIN is a very good name however people need to be told why buying this coin is a good choice.

[TeamICoiN]

Everyone knows 1% premined stated clearly when the coin released, both in ANN thread and Github readme. Nothing to hide from this, anyone can check source code for that.


As planned, we are still working to add iCoin to Chinese Exchange.

It's Chinese new year here and i am still in hostpital, will back to you later.

Well I have joined the QQ group for long time and talk to the group host from time to time

Yes they are trying to push ICOIN to some Chinese exchanges but they also need some killer features and hot topic/promotion as the selling point.

I agree ICOIN is a very good name however people need to be told why buying this coin is a good choice.

Will you be able to get someone from the QQ group to come ask questions and feedback?

[LordPiccolo]

Special beam cannon!!!!!!

You lot are entertaining, please carry on 

[Tasunko]

BqraDCHt1cwJ5x9RNM6Dew83XmdgWtfzRA

Anyone wanna get me started =]

thx