Surge_Dev (OP)
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March 24, 2014, 08:16:58 PM Last edit: April 06, 2014, 10:46:37 PM by Surge_Dev |
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¸ Surge is a decentralized peer-to-peer crypto-currency. It's the next step forward towards bringing changes and awareness to the crypto-currency world and the general public as well as integrating it into various merchants and service providers.
Surge decreases confirmation times making it perfect for day to day use and purchasing of goods/services as well as introduces a promotion system which incetivizes people to spread the word making the coin gain global awareness since a crypto which isn't used or known about is useless now matter how innovative.
The coin works on a principle of rewarding people for spreading the word, increasing demand of the coin which will further encourage merchants to accept it.
Thus anyone without strong mining software can contribute and humanly ''mine'' these coins trough effort.
Surge will be spread in 4 ways.
1- IPCO (Initial Public Coin Offering) - 2.75% 2- Initial Free Giveaway - 0.25% 3- Promotional Coins - 10% over a 4 year period 4- Miners - Rest of the coins
All these are the key to a successful launch and longevity of the coin. The coin has extremely fast confirmation time and could be used for selling/purchasing of tangible goods if the future opportunity arises.
We will have an IPO in which 2.75% (1.375m) of all coins will be distributed upon launch to early investors. This will ensure that the coin receives initial value from the start as well as giving more funds for further coin development (making a more user friendly wallet and GUI, we feel is the key to public adoption and merchant acceptance, as well as covering costs in the initial marketing and development of extra features).
ESCROW WILL BE USED : A trusted escrow from bitcointalk will take your investments and the funds will be released ONLY after the launch and AFTER all the investors have received their share!
IPCO investors coins will be determined by predetermined price of coin + 50% of all leftover shares with minimum of 0.05 BTC and maximum of 2.5 BTC per person!
Any account made AFTER the creation of this post is NOT eligible for neither stage (the IPO or the Initial Giveaway). We want to make the coin widespread and stable on release, having one person own a huge amount of coins initially would be devestating thus the limit!
We have a right to refuse and refund any payment that seems shady or is coming from a multi-accounter.
JOIN THE IPO (CLOSED) We will have a standard price + 50% of the remaining (unbought shares). Will be split to the investors. Anything left over from the IPO will go towards promotional coins.
Coins available trough the IPO = 1.350,000 Coins remaining distrubuted among investors = 50% Minimum amount to invest = 0.05 BTC (1500 Surge) Maximum amount to invest = 2.5 BTC (75,000 Surge)
1 BTC = 30,000 Surge 0.5 BTC = 15,000 Surge 0.1 BTC = 3000 Surge 0.05 BTC = 1500 Surge
This is done to ensure a stable price upon release and still reward investors by giving them an extra share. Its a must have measure due to the initial free coin offering to set a standard for the coin and insures its stable growth.
Escrow.ms and Dabs will be used as escrow. They will hold funds until the release. To invest please send the Bitcoin to one of the following addresses :
The escrow address for Surge Coin IPO is :
Escrow.ms -> 1NUBYpamiCL5sr4n1vRh1qx6bVn4AXb5Ui Dabs -> 1SURGc24rKQXVCF98QupFyBHuLS6BAWDn
Once the payment has been sent, please fill out this form: https://docs.google.com/forms/d/1ImLfgLgm8HASvrBaOUmeGua1TY-paqgvZ7o75xrEqQI/viewform
If by any chance you decide to pull out you are 100% allowed to do so as long as its atleast 24 hours before launch! CLICK HERE FOR MORE INFO ON THE ESCROW AGREEMENT.
The stakeholders will receive their shares at Launch Day : April 5th0.25% (125.000) of all the coins will be given away to all the bitcointalk accounts that registered prior to the creation of this thread. We will reward early supporters by giving them their coins sooner. We will give the coins away gradually each week to keep the market from getting flooded and to keep the price stable.
Requirements to receive coins :
- Have a bitcointalk accounts older than the creation of the thread. - Over 25 posts by launch time
This is to make a stop to multi-accounting and same person claiming multiple coins.
Each consecutive week the free coin reward per person will be reduced by 10!
First 100 people - 170 coins received throughout the 1st week after launch
From 100-200 - 160 coins received throughout the 2nd week after launch
From 200-300 - 150 coins received throughout the 3rd week after launch
From 300-400 - 140 coins received throughout the 4th week after launch
From 400-500 - 130 coins received throughout the 5th week after launch From 500-600 - 120 coins received throughout the 6th week after launch From 600-700 - 110 coins received throughout the 7th week after launch From 700-800 - 100 coins received throughout the 8th week after launch From 800-900 - 90 coins received throughout the 9th week after launch From 900-1000 - 80 coins received throughout the 10th week after launch
To obtain your coins simply head to the following page and fill out the info ->
http://www.surgecoin.info/promo.html - ! -> NO LONGER AVAILABLE
Anyone suspected of multi-accounting will be ignored.
Every week we will compile the list with the people that posted to send them their coins. Promotional Coins will be given away to anyone that spreads the word about the coin. The main goal is to increase public awareness and further incentivize people to spread the word in order to achieve merchant adoption and have this coin have real uses.
We reserved 10% of all coins to be given to people that promote the coin doing various tasks such as creating :
- Articles - Videos - Using Signatures - Establishing pools - Exchanges - Merchant Adoptions - Forum Threads (no spamming) - etc..
Of course the amount of coins we give away during these stages will be subjective as its impossible to objectively appraise each promotion. A team of 5 people will review each and every submission and send the amount of coins we deem fit.
Now obviously more important things such as merchant adoption/exchanges will yield more coins than forum threads and videos. We will make sure that all is distributed as fairly as possible.
The 10% will be sent over a period of 4 years to ensure a steady flow of the coins and not to overflow the market. This is beneficial for the market as more people are aware of the coin the price will grow and hopefully will lead to market adoption making the coin have real uses.
ALL of the promotion coins will be documented in a public ledger with links and amounts to ensure complete transparency and make every single coin accounted for! To make a promo submission please contact us at : submit@surgecoin.info with the following details :
- Type of submitted content / service - Link to said content / service - Your wallet address (not needed until launch, we will contact you for it)
We offer promotional coins to people interested in supporting the coin by spreading the word.
Published article about Surge -> 2000 Surge Thread Translation -> 1000 Surge Forum Thread on a relevant forum board -> 100 Surge Pool Addition -> 1000 Surge Exchange Listing -> 6000 Surge Surge Gambling Site -> 6000 Surge Faucets -> 3000 Surge
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ClutchThese
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March 24, 2014, 08:20:55 PM |
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May add a pool to this. Are you adding bounties?
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Signature for Rent - PM if Interested
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CoinBreader
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March 24, 2014, 08:22:56 PM |
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1st page!!! wish you the best for your coin
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madmartyk
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Yes I am a pirate, 300 years too late!
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March 24, 2014, 08:24:09 PM |
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Great another IPO...
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brian_nguyen
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March 24, 2014, 08:29:17 PM |
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No POS?
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Surge_Dev (OP)
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Merit: 10
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March 24, 2014, 08:54:08 PM |
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May add a pool to this. Are you adding bounties?
Yes the bounties fall under promotional coins. Please drop us an email at promo@surgecoin.org. No POS?
Implementing PoS would be quite unfit for what we have in plans for the coin (purchasing goods/services) as PoS encourages hoarding instead of spending!
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coolisbad
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March 24, 2014, 09:00:56 PM |
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I liked the first post. I hope things work out good for this coin.
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Surge_Dev (OP)
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Activity: 266
Merit: 10
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March 24, 2014, 09:10:21 PM |
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I liked the first post. I hope things work out good for this coin.
Thank you for your kind words!
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Vann
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March 24, 2014, 09:12:05 PM |
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Oh no, not again! (Feel free to give my 170 shitcoins to the next guy).
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passionsurf
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March 24, 2014, 09:13:18 PM |
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gotta love free coins
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vitarian
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March 24, 2014, 09:15:24 PM |
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Oh no, not again! (Feel free to give my 170 shitcoins to the next guy).
coin collector here, I'll take your coins if you don't want them
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damiano
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103 days, 21 hours and 10 minutes.
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March 24, 2014, 09:15:55 PM |
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Oh no, not again! (Feel free to give my 170 shitcoins to the next guy).
lol
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Surge_Dev (OP)
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Activity: 266
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March 24, 2014, 09:39:32 PM |
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bgmc
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March 24, 2014, 09:43:27 PM |
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oh happy day
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zzojar
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March 24, 2014, 09:49:18 PM |
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yes
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rider42
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March 24, 2014, 10:04:49 PM |
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interesting. Count me in !
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Darkwin
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March 24, 2014, 10:23:18 PM |
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Looks like a great coin i'll be investing on this soon as it launches. I am also willing to put it in my signature, What text should I write? Any template?
Best of luck!
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miramare
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March 24, 2014, 10:47:52 PM |
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I'm here, And I'll read OP later.... Mark it.
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