[ANN][CWC] Clockwise Coin -official

[yuyu123]

Clockwise coin announcement

Description:
The Clockwisecoin project is a project for the creation of a new Crypto-currency which enables the user to conduct instant or delayed, non-retractable or retractable transactions, in the simplest and most user friendly manner. The coin's innovative features will ensure that corporations and organizations find it better suited for their purposes, and that better security against theft and human error is achieved. The project shall be released as open source.

Issuing:
20% of the coins will be issued in an early issuing for the investors funding the project. Afterwards, 80% of the coins will be mined by the PoW mechanism with the creation of a new block every ~10 minutes, and block reward halving every ~4-5 years.

Ethereum:
It is possible that implementation of the project above the Ethereum protocol instead of a new protocol, will be easier. In such a case, CWC's will be issued as a sub currency. The project's managers will consider this option with the condition of keeping a user friendly final product.

You can find the white paper here:
https://drive.google.com/file/d/0BzM7ph3hgfo1TGNsQVNTay13T1k/edit?usp=sharing


We are looking for a trustee for the initial issuing: his/her job shall be to ensure the safe holding of investor funds raised in the early issuing for the development of the project. An additional role will be to help choose the project's manager. The trustee should be a well known person in the Bitcoin community with a proven perfect reputation.
A person who believes he is adequately qualified according to the description stated above, please PM.

[freet0pian]

Wohoo, another scamcoin?

[gerbill]

Awesome! New Coin!

If you need a pool set up for your coin please PM me!

POOL.MN offers 0% fee stable pools to mine hottest coins on the market!

http://static1.wikia.nocookie.net/__cb20130929223345/glee/images/d/d5/281735_1342370254-coin-flip.gif.gif

[miramare]

Wohoo, another scamcoin?

It's still too early to give a conclusion. Just keep watching.

[blueangel01]

No need for negative comments right away...

Will be watching...

[mr.coinzy]

This project is a needed one, it is important to address some issues that current coins lack. 

[blueangel01]

Any updates?

[yuyu123]

Any updates?

I have yet to receive any contact from interested individuals to manage fund raising or to participate in the development team. Probably this ann is drowning in the flood of scam coins announced here every several minutes, so almost no one saw it. Maybe it is also not very attractive because there is no address for investment right now, so it is not relevant for investors currently. But I can’t manage the fund raising by myself. If I do so, the project shall lose a major part of its potential funds flow, because almost no one will trust an unknown person to collect and be in charge of the funds. The fund raising of NXT, for example, managed to collect only 20 BTC.

[blueangel01]

I

Any updates?

I have yet to receive any contact from interested individuals to manage fund raising or to participate in the development team. Probably this ann is drowning in the flood of scam coins announced here every several minutes, so almost no one saw it. Maybe it is also not very attractive because there is no address for investment right now, so it is not relevant for investors currently. But I can’t manage the fund raising by myself. If I do so, the project shall lose a major part of its potential funds flow, because almost no one will trust an unknown person to collect and be in charge of the funds. The fund raising of NXT, for example, managed to collect only 20 BTC.

I would like to hold the funds if the investors would be able to trust me. I never had any negative trust.

[Sir.thomi]

Will all the premine (20%!!!) get dirstibuted amongst early investors?

[bongsoup]

Will all the premine (20%!!!) get dirstibuted amongst early investors?

Most likely will be distributed into the devs pockets.

There is no excuse for a 20% premine. None. Nada. Absolutely ridiculous.

[lemfuture]

innovation. good.

[The One]

Issuing:
20% of the coins will be issued in an early issuing for the investors funding the project.

Oh pllluuuuuuusssseeeeeeaaaassssssseeee....lordy lord have mercy on these scammers......what funding?.....

[yuyu123]

Will all the premine (20%!!!) get dirstibuted amongst early investors?

It is not premine. It is early issuing. Yes, all the 20% of the CWC issued in the early issuing will be distributed amongst investors in the fund raising by the mechanism described in the white paper. The payment to the development team of the project shall be taken only from the bitcoins raised in the fund raising.

[blueangel01]

So what is the use of the funds?

[yuyu123]

So what is the use of the funds?

We need to raise funds to pay the developers who work at this project, and to the project managers. I’ll probably ask for small percentage of those funds to myself as the entrepreneur of the project.

[blueangel01]

oh so you are like the middleman of this project. How much do they expect to get from this work? Would they be interested in releasing alpha/beta to those who are curious about this project?

[yuyu123]

oh so you are like the middleman of this project. How much do they expect to get from this work? Would they be interested in releasing alpha/beta to those who are curious about this project?

There is no alpha/beta yet. The only thing we have right now is the white paper. We didn't start to develop the protocol. Actually, I'll not do it myself. We need to find development manager first.

[blueangel01]

Then there is no need to gather fund for BTC or announcing it yet. Why not start it and take risk... release IPO ir whatever when is ready?

[yuyu123]

Then there is no need to gather fund for BTC or announcing it yet. Why not start it and take risk... release IPO ir whatever when is ready?

Because I can't code it alone.