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Author Topic: [ANN] Last Wish Coin  (Read 104 times)
Fundaria (OP)
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January 30, 2022, 09:58:48 AM
 #1

  • When a someone dies, there be a someone, who would perform a Last Wish
  • Implementor’s team receive reward from pool, which is generated after series of alternating votings
  • Each participant sends stable-coin to the smart contract address SCA of #lwc
  • Amount of stable-coin is considered on two aspects:
  • The Bounty Pool BP as the whole stable-coin pool
  • Individual amounts for each Participant separately
  • SCA is considered as liquidity pool with the fixed price which determined by simple formula: [  total_amount_of_dwc_in_pool / total_amount_of_stable_coin_in_pool]
  • The individual also sends links to their profiles on social networks and emails of their friends in package of data called Memory Package MP
  • With each BP flourishing, an individual also sends Last Wish in form of string
  • Every concrete period of time, which is defined by voting, for example 4 months, A Participant should send a request to SCA and for this they receive their #lwc which is calculated by formula [ (currentTime - previousClaimTime) X shareInBountyPool ]
  • There is a Wishes Pool WP, which is collected from individual #lwc, which are sent on the moment of votings, which Participants are able to initiate
  • On each voting A Participant sends any amount of #lwc , and their voting wage is determined by formula [ shareInBountyPool X amountOfLwcSent ]
  • Either they be able to vote “yes” or “no”
  • If “yes” votings are more, then all “no” voted #lwc are burned and at the same time all “yes” #lwc are multiplied X2 . It is true for the opposite situation where “no” more - then all “yes” voted
  • #lwc are burned and “not” are multiplied in two
  • Voted #lwc from the “yes” or “no” win-party goes to WP
  • If someone did not claim their #lwc in time , anyone can become A Prover
  • If A Participant was not claimed their #lwc in time Participants start observing MP datas of A Participant and start hunting for the public claims of death
  • A Participant is able to send a claim of death prove request with a link to claim of a death of A Participant
  • Either they be able to vote “yes” or “no”
  • If “yes” votings are more, then all “no” voted #lwc are burned from The Wishes Pool and at the same time all “yes” #lwc are multiplied . It is true for the the opposite situation where “no” more - then all “yes” votes #lwc are burned and “not” are multiplied.
  • On Voting1 Participants vote to claim The Proof Of Death
  • Then Participants start to form a Last Wish Teams LWT, sending some of their #lwc fixing them in LW pools as Contributions
  • On Voting2 Participants vote for teams, who ready to implement A Last Wish
  • As always a team which received the moremost votes wins and their voted #lwc are multiplied, and #lwc which voted for loose teams burned
  • The won LWTreceives the Wish Pool which is spreaded between teammates according to their Contributions
  • Voted LWT should fulfill The Last Wish
  • Voting3  decides whether LWT completed the task. The rules for this voting are as always.
  • If “yes” more than such things are happened:
  • The #lwc of claimed dead person is burned
  • LWT members receive access to the Wish Pool and are able to exchange half of collected #lwc to stable-coins from BP, when another half forms the reward pool for all those voters in all occurred votings, related to The Death
  • Wish, which make up the half of all votes, sent the moremost voted #lwc amount

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Miiike
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January 30, 2022, 12:54:51 PM
 #2

I have a strong feeling that your announcement still can be tremendously improved to better attract people than these confusing and lengthy list. I am aware that you said this is an early community, but you still need a stable ground before offering a project to anyone, even an early community
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January 30, 2022, 03:12:05 PM
 #3

It is an amazing and important concept to have one's last wishes in a contract. You have seen a need for such a service. However, there is a current and active platform currently that is doing exactly this, among many other things. The platform is called MyWish (was initially launched as Last Will). On this platform you can create Will contracts wedding contracts, launch airdrops etc. I put some links below. I would strongly suggest that instead of launching another coin, that you look at that platform to see it it satisfies your needs. The MyWish team has also launched Rubic Exchange and Algebra Exchange.

Link to MyWish Bitcointalk thread
Link to Mywish Website
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