bingbong1589
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June 25, 2018, 10:29:43 PM |
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We are working on getting funding for the launch and completion, there are many other pieces to the project we want to tie together to get this all rolling out to the public. Sometimes the right way is really difficult to get moving.
Funding? I thought it would be a fair and equal share of tokens for everyone? Do investors get an allocation of coins?
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Coinage.org (OP)
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June 27, 2018, 06:19:08 AM |
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We have been self funding everything....so yes? We would like to take investors but the issue there is they all want some form of advantage for their investment (understandably so). It isn't a problem now but it would be years from now unless someone can think of a way to make it fair for everyone.
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bingbong1589
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June 27, 2018, 06:24:41 AM |
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We have been self funding everything....so yes? We would like to take investors but the issue there is they all want some form of advantage for their investment (understandably so). It isn't a problem now but it would be years from now unless someone can think of a way to make it fair for everyone.
What kind of advantage would the investors be receiving?
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Coinage.org (OP)
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June 29, 2018, 05:06:54 AM |
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Generally investors want to gain an advantage in tokens presales, mining in some manner, or simply a chunk of coins. Any of these can imbalance the equilibrium we are aiming to maintain. We have not directly worked with ICOs but they seem to have a whole set of eyes on them now and probably more so in the future and we aim to stay out of the public eye. So that summarizes the issues. If we had the funds to hire 1 or 2 helpers fpr our dev we could probably be done in under a month and move onto launching the coin on the institutional platform. However, we would like to maintain our soul. If anyone has ideas on how to approach the subject let us know we'll consider it.
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bingbong1589
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June 29, 2018, 06:04:13 AM |
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Generally investors want to gain an advantage in tokens presales, mining in some manner, or simply a chunk of coins. Any of these can imbalance the equilibrium we are aiming to maintain. We have not directly worked with ICOs but they seem to have a whole set of eyes on them now and probably more so in the future and we aim to stay out of the public eye. So that summarizes the issues. If we had the funds to hire 1 or 2 helpers fpr our dev we could probably be done in under a month and move onto launching the coin on the institutional platform. However, we would like to maintain our soul. If anyone has ideas on how to approach the subject let us know we'll consider it.
I guess the least intrusive of those options is giving them a chunk of coins. Or just continue on without helpers if you feel that it would imbalance the equilibrium. This is definitely a tough position though.
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bingbong1589
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July 18, 2018, 03:34:55 AM |
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Any updates?
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bingbong1589
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July 23, 2018, 04:01:43 AM |
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One year anniversary of the original post, hopefully all is going well!
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Coinage.org (OP)
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July 28, 2018, 01:12:13 PM |
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We have hired and fired 3 people so far, once its apparent they dont understand what we are doing we cut ties and try another dev. This is a tedious but necessary process to ensure that the foundation is strong.
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bingbong1589
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July 28, 2018, 07:34:58 PM |
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Any idea when you might be ready for release
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Coinage.org (OP)
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September 08, 2018, 09:38:16 PM |
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We finally today got a team to be directed by the original Dev. Progress updates should begin again once he has everyone moving forward.
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AnthonyNuce
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September 08, 2018, 09:45:15 PM |
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Everything looks amazing! Really excited about this plan, and as you saw I've already joined it quite some time ago. Definitely looking forward to seeing that this idea's demo platform in action
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Coinage.org (OP)
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February 08, 2019, 07:54:16 PM |
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Update time, we have been working on an optical processor for a couple of years which the engineers have completed now. So we are now seeking investors locally to purchase the equipment so we can make them in house. Once that is complete we will be launching the coin as the only current coin that can be mined but not abused through mining. We have a few investor meetings setup this month. If one accepts the project I will be back here to update everyone and then push the coin forward.
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bingbong1589
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June 24, 2019, 04:07:10 AM |
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Any news?
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annazaitun87
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June 25, 2019, 05:57:41 AM |
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Update time, we have been working on an optical processor for a couple of years which the engineers have completed now. So we are now seeking investors locally to purchase the equipment so we can make them in house. Once that is complete we will be launching the coin as the only current coin that can be mined but not abused through mining. We have a few investor meetings setup this month. If one accepts the project I will be back here to update everyone and then push the coin forward.
Everyone who posts in this thread asks about the development of this platform, if it has been developed six years ago and how its development for now is progress or not
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