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Author Topic: [ANN]RareCoin[Scrypt] [ONLY 128 COINS] [10 for Purchase with IPO]  (Read 2357 times)
rarecoin (OP)
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March 15, 2014, 10:57:20 AM
Last edit: March 17, 2014, 04:56:42 PM by rarecoin
 #1



Rarecoin - Rarecoin is a cryptocurrency with a very limited number of coins. This makes owning a Rarecoin a novelty.

Like us on Facebook - https://www.facebook.com/pages/Rarecoin/503873239723018

http://i57.tinypic.com/foji1t.png
Specifications:

Algorthm - Scrypt
Maximum Coins - 128 coins.
1 min block time
Difficulty re-target every block
0.00000028 Block reward for the first 1280 blocks
Blocks 1280+ will be 0.00012800 block reward
Random 10x SUPERBLOCKS
Premine - 10.31 coins (for paying our escrow service and IPO)


Exchanges:

Once our funds are released by the escrow. 2.5 BTC will be invested on votes at either cryptorush or mintpal whichever the community prefers.


Bounties
We are offering bounties(in btc) for the following:

1. First two pools will receive a bounty of 0.05 BTC each.
2. Translations to the following languages - Russian, Chinese and Spanish. Bounty - 0.01 BTC


IPO Information:

10 Rare Coins are available for those who would like to buy them.

Normally escrow services don't allow incoming transactions from multiple sources and so we have collaborated with btc-asia and requested them to hold an escrow for us.
They have agreed to help us out and so we thank them for their services.

We are offering the 10 Rare Coins at a rate of 1 BTC per rare coin so that our early supporters have the highest chance of turning a profit.
So for 1 BTC you get 1 Rarecoin(RAR)
or for 0.1 btc you get 0.1 Rarecoin(RAR)
The Minimum Investment is 0.05 btc.

The Escrow Address for sending your btc is: 1EsCrowD4xrHv9aBMEJhukQCy2F1swagn9

After sending your btc send us an email at rarecointeam@gmail.com along with your TXID and we shall update the forum thread.

btc-asia will hold our funds till 24th March and the coin will launch on 22nd March so incase of any disputes you may contact btcasiaescrow@hotmail.com.
The escrow service is well trusted one and so your funds can be refunded if needed.

If you wish not to use the escrow service you may send us funds directly to 16URLYuPZYu4CQEtkSWmbZEtyA9j6Mamrp and remember to send an email to the above mentioned address.

The IPO starts today(Saturday,15th March) and will end on Friday,21st March.

Bonus for early investors:

3% - Day 1 (15th March)
2.25% - Day 2 (16th March)
1.5% -Day 3 (17th March)


IPO Investor List.

                                           TXID                                                                                 Amount                            Rarecoins

ab8e8c4d9fb336cb680887f329a3ace1b75073c3798089da93a3bc4101c27a5b                             0.1 BTC                      0.1 +3% = 0.103 RAR

P.S - We request the IPO Investors not to dump all their coins as soon as we get on an exchange. Please hold and help the price rise.
We will Invest some of the IPO funds to bring up the price but we need your support too so please don't dump all at once.

Launch:

Rarecoin will launch on Saturday,22nd March at 18:00 UTC

Countdown here : w2.countingdownto.com/495655

Pools:

1. rare.cryptohashing.com (active on launch) - Official Pool

Pool Operators please contact via PM.
We can offer a small bounty of 0.01 rare coins.

Faucets:

Due to the low number of maximum coins we wont be opening any faucets officially.


FAQ:

Is the escrow reliable ?: Yes btc-asia has always been reliable. You may read reviews on the online to check.

How will we get our coins ?: After launch you are required to send us an email using the same email-id you used earlier to send is the TXID.
            Your email should contain your Rarecoin address and we will send out the coins in under 4 hours.

What will the price be for rarecoin once it hits an exchange ?: 42 coin is currently trading at 45btc and we we have about 3x the coins.
                            Using a rough estimate the value of the coin should be around 15 btc but since its not the first of its kind expect it to be around 2-4 btc per Rarecoin.


Will we be on an exchange soon ?: We will be investing 2.5 btc directly into one of the exchanges so we are quite confident we will be listed on one if not two exchanges.

Why a 8% premine ? : We created this coin so that early investors could get a good return on their money and hence we needed a premine for the IPO.



PLEASE READ - We request you not to post anything related to Stackcoin.
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jaideep1000
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March 17, 2014, 04:35:57 PM
 #2

How soon will this coin hit an exchange?

And I guess the price should be around 2-3 btc per rarecoin but how soon will we get the coins?

And an FYI I checked with the escrow agent to see if this was legit and they confirmed it. They will be holding funds till the 24th so no worries here.

Only thing is that the coin should have been made scrypt-n
rarecoin (OP)
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March 17, 2014, 04:46:57 PM
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We plan on getting the coin to an exchange in the first week of launch.

You will get the coins on the day of launch by emailing us your rarecoin address using the same email that was used for the IPO.

Regards,
The Rarecoin Team
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