[ANN][MUN] Muniti: First touristic cryptocurrency - X11, D2D - Multi-algo soon

[Croak]

When why have this at all?  Wouldn't the people of Malta support their own tourism already?  I have friends who live in Malta and they seem to do quite well without crypto.  Again, what is this going to accomplish other than being another pump and dump coin?

Did you even read the OP?  The devs want NON-Maltese to be the biggest holders of the coin.  The airdrop/maildrop of the premine is to raise local awareness and give a lot of people a vested interest in the coin's success, provide awareness of crypto in general, and provide another, possibly profitable way, to fund a charity here that's a pretty big deal. 

Will this be a pump and dump? Who knows?  But knowing the Maltese and the culture here, I suspect it's not.  This is Malta, somebody knows the dev team's mothers, and if it's a scam, the mothers would learn about it, and those guys would be so ear-snatched. 

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[madmartyk]

I did read the OP, 1/3 of the coins are going to be mailed to the people of Malta.  Is mining this coin going to make me want to visit Malta? How is me mining this coin going to anything for tourism in Malta?  It's the same question I have with any of the so called Country coins.  We mine coins to try and make a profit.  So please explain how mining this coin is going to do anything for Malta?  I understand a part is going to go to charity (maybe) and if the coin goes up in value the amount to the charity goes up, BTW, are you going to pay the charity in Crypto or exchange it for BTC then to Euros?

[radi324]

Here's a suggestion on how to distribute Muniti.  

Travel around to the village feasts this summer, work with the church, work with the local councils, work with the Community Chest Fund, work with both parties, work with the big hospitality players (hell, Hugo alone could put you on the map regarding tourism).  Plan to give part of the premine away to tourists...hotels handing out paper wallets with checkins, or boat tours doing the same, etc, just as advertising.

But the main idea to set up a booth at the feasts and give out paper wallets on the spot.  Bring a laptop or tablet with wireless, record names or ID numbers and check them for double dipping (there will be some regardless).  It will be hot long days, it will be dealing with queues, but it'll be both cheaper and maybe less time consuming overall than a mass mailing, and most importantly, it'll be VISIBLE.  First few attempts will probably suck until you get a process down, and with overlapping feast days you'll need more than one team.  Bounty volunteers.  This is Malta, there's real community here.

Maybe have a final distribution in Valletta during Science Week, same routine.

That'll get the coin out to the Maltese, but it'll also increase legitimacy with the people that you want accepting the coin.  From there you can get tours and hotels and restaurants and dive shops to offer packages or discounts on prepaid Muniti transactions and you've got something...I wouldn't get hung up on point of sale transactions, but if they can accept the coin AND cash it out to BTC and then Euro and put it in a fiat account via SEPA without too much fuss, it'll work.  Kraken comes to mind.

That is a very good idea, albeit with a noticeable caveat - it would require the premine to be re-worked so as to give less coins to the Maltese citizens and more to be given at stalls, hotels and so on. Also, it would be much more time-consuming than mass-mailing, as ~450,000 people picking their wallet would require a far greater logistic effort than mailing. The Science Week idea is a brilliant tip which we hadn't taken into consideration and which we will be regarding seriously. For now awareness and adoption of the coin is the first step towards integrating Muniti; informing the citizens that they'd have to cash out the coin to BTC and then to Euro might discourage them altogether. An informative campaign will be prepared soon so as to lay down everything in a user-friendly manner.

When why have this at all?  Wouldn't the people of Malta support their own tourism already?  I have friends who live in Malta and they seem to do quite well without crypto.  Again, what is this going to accomplish other than being another pump and dump coin?

Did you even read the OP?  The devs want NON-Maltese to be the biggest holders of the coin.  The airdrop/maildrop of the premine is to raise local awareness and give a lot of people a vested interest in the coin's success, provide awareness of crypto in general, and provide another, possibly profitable way, to fund a charity here that's a pretty big deal. 

Will this be a pump and dump? Who knows?  But knowing the Maltese and the culture here, I suspect it's not.  This is Malta, somebody knows the dev team's mothers, and if it's a scam, the mothers would learn about it, and those guys would be so ear-snatched. 

I believe most of the answers asked in this topic have been answered concisely by Croak.

[radi324]

Added: Basic mining guide for GPUs on Windows 7

http://www.muniticoin.com/card-configurations/

[coine_smithe]

I like the idea of using a small part of the premine for promotion at a festival, but I definitely think most of the drop should be by mail. How else can you make sure it is evenly distributed? I think the mail idea is novel and bold and in such a small nation it should be able to work. It is important to the public to see that the drop is spread as evenly as possible.

Maybe if Muniti is successful more countries would be willing to get involved in the drop in terms of logistics. Many coins these days are easily reaching market caps in the millions.

If this coin could reach 1$/MUN sustainably that would be great. If it could reach even more that would be even better. But if it even reaches 10% of that, that would leave approximately $2.5 million which would be enough to cover the mail and leave approximately 75% of the premine for funds to Maltese.

[Croak]

I like the idea of using a small part of the premine for promotion at a festival, but I definitely think most of the drop should be by mail. How else can you make sure it is evenly distributed? I think the mail idea is novel and bold and in such a small nation it should be able to work. It is important to the public to see that the drop is spread as evenly as possible.

Maybe if Muniti is successful more countries would be willing to get involved in the drop in terms of logistics. Many coins these days are easily reaching market caps in the millions.

If this coin could reach 1$/MUN sustainably that would be great. If it could reach even more that would be even better. But if it even reaches 10% of that, that would leave approximately $2.5 million which would be enough to cover the mail and leave approximately 75% of the premine for funds to Maltese.

Little fact about Malta, during the summer months every village has its own festival dedicated to its patron saint, with darn near universal village attendance to some degree.  It's hard to escape the festas even if you want to .  

So it's potentially a good situation to distribute to the populace, since it's large enough chunks of people to be efficient, but not all of them at once. Downside is of course that it would take all summer.

[workminer]

 

[anonymousxx1503]

which  miner can I use?  darkcoin miner??

If you are already setup for DarkCoin, then it will work with Muniti aswell!

We have included a link for the SPH-Sgminer which works perfectly for mining Darkcoin and will work for Muniti as well. Please check - http://www.muniticoin.com/downloads/ (GPU Miner)

Yeah if you could NOT use Darkcoin.io bandwith for downloading the miner to be used for your coin, that would be great.

[nongdanvoz]

How to config? I never mine X11. Plz give me config file for 270, 270x, 7950, 7970 and 280x. Thanks!

[radi324]

How to config? I never mine X11. Plz give me config file for 270, 270x, 7950, 7970 and 280x. Thanks!

Please check http://www.muniticoin.com/card-configurations/ to help you along. It is basically the same as sCrypt mining except that you need to change the kernel to darkcoin i.e. --kernel darkcoin

[madmartyk]

Is there an official countdown timer?  CET the same at GMT?

[1211]

2hours to launch

[1211]

Is there an official countdown timer?  CET the same at GMT?

Countdown timer:

http://www.altcoincalendar.info/coins/302-MUN

[radi324]

Is there an official countdown timer?  CET the same at GMT?

Here you go:

http://www.timeanddate.com/countdown/to?iso=20140331T20&p0=255&msg=Muniti+launch&csz=1

[1211]

Muniti to da moon .
LOL

[1211]

Any exchanges first day/week?

[jootn2kx]

Any exchanges first day/week?

lol it aint even launched yet and your already asking for exchange ...

[1211]

Any exchanges first day/week?

lol it aint even launched yet and your already asking for exchange ...

Yep .
X11 + Exchange = big profit in BTC

[radi324]

Any exchanges first day/week?

We received an offer from an exchange to get listed at the launch, but we gently turned it down for obvious reasons. We want to ensure stability first and foremost. The same exchange will get listed later on this week.

[kocur]

where did I see that website design before?
Aah here http://www.ournem.com/

  oops