New thread - https://bitcointalk.org/index.php?topic=855040.new#newBoardcoin [BOARD]
Advancing towards crypto transition - A crypto mesh of forums and classifiedsWe've seen how crypto currencies are getting more mainstream with mass market brands embracing bitcoin recently. Services such as Bitpay have made it easier for merchants to accept bitcoin. Eventually, more and more merchants will accept other crypto currencies too. The first steps towards making them accept other crypto currencies easily have been made.
Forums such as bitcointalk have been the birthplace and a launchpad for several successful crypto currencies other than bitcoin. These crypto currencies have together attracted millions of people towards crypto and brought in hundreds of millions of dollars worth of investment. Forums have been highly effective at healthy discussions and positive developments in the crypto space. It is at the forums where crypto people have met and envisioned several successful ideas to make crypto currencies more mainstream.
Here at Boardcoin we intend to do something similar. We provide you access to forums in 30 top niche spaces where members view the world with a crypto perspective:
The crypto population can now have its own forums in 30 different niches where all of the discussions can be done with a crypto perspective. We'll have experts in their particular niche as moderators. Real people can drive their friends on to the forums via social sharing. When newcomers search for google for anything like "niche + crypto forum" crypto themed forums should be on the front page. The community should grow to several thousands in a short time.
We will have marketplaces on every forum where members can buy or sell stuff for Boardcoin. You can also exchange your stuff or list any items you have for sale. You can also potentially run your own product or service business on the forums. The more you share on social media, the more the forums will get users and more our rankings improve in search engines such as Google.
At a later stage, the ownership of the forums can also be passed to community members that hold the most expertise in their particular niche. We plan to have a healthy boardcoin crypto economy across all of our forums.
I'm the leading developer of Boardcoin. I control the keys to the forums, github and all major accounts.
Click here to read about myself on CryptoAsian's site. I have received a rating of POD 5+. Thanks to CryptoAsian for his service to the crypto community.
Rated POD 5+ By CryptoAsian
Coin Distribution Among the Community:https://i.imgur.com/rOBNLWd.pngWe will have a 10% premine held by a reputed community member (not the dev) and it'll be distributed across all of our forums after 6 months. The distribution will done to all the moderators and other members that are active after 6 months across our 30 forums.
The premine will be distributed on the 30 forums to the member accounts. Terms of distribution for regular members include:
Accounts should have more than 15 posts
The posts have to be meaningful, not just one word posts
Spam accounts will not be eligible
The premine will be distributed after 6 months. The community can modify the distribution terms later. We'll hold a vote if necessary.
https://i.imgur.com/34FJMwS.pngWe will set up classified sections on each of our forums where the commerce will be done using Boardcoin. So there will be buyers as well as sellers willing to trade using Boardcoin. We will have a forum in almost every category so we expect to eventually attract a lot of merchants and buyers.
For estimating purposes, we expect 10 transactions per forum per day, there 300 transactions over 30 forums total.
If the average value of a transaction is 0.05 in terms of btc, we are confident to generate 15 btc worth of daily transactions in the boardcoin economy. That creates a boardcoin economy of 450 btc per month across our forums alone. The actual size is likely to be far more than that.
https://i.imgur.com/NEmkOdi.pngWith all the commerce taking place in boardcoin, we expect boardcoin to cross $1 million marketcap eventually.
https://i.imgur.com/J350JLx.png2.4 million coins will be held by third party escrow to be distributed to active moderators and users after 6 months. 50% of the coins will be distributed amongst the moderators and the remaining 50% among active users.
Forum promotion:We will hire part time experts for each niche forum. They will receive compensation in the form of Boardcoins. We will set up individual social accounts for every forum. All popular threads will be regularly shared on the social media accounts. They'll be further shared by users enthusiastic about that particular niche. We will also link all of our forums together so that we can create a wider crypto community comprising all of our forums. The forums will promote each other and soon gain a critical size to market more crypto products and services among the wider boardcoin community. This will create a multiplier effect on the boardcoin economy and bring us more buyers as well as merchants for every category.
75% of the income from advertising, classified sales and other avenues will be passed on to moderators and other forum staff. The transactions will be disclosed publicly.
Backing Boardcoin value with our internal digital assets:https://i.imgur.com/aWkehbB.pngWe attempt to back 1 boardcoin = $0.1 using our digital assets such as advertisements and classified listings.
There will be 10 spots available per forum, therefore, a total of 300 spots available across all forums charged on a monthly basis.
Going by a reasonable average price of $10 per banner per month, we are able to sell advertisement space worth 30,000 boardcoins every month.
100 boardcoins per month for a banner on one forum, so $10 for a banner on a forum per month
300 spots x 100 Board per month = 30000 board per month
We intend to keep classified listings free of cost for a while but we will eventually charge 10 boardcoins ($1) for creating a classified listing on any of our forums. We are able to sell an unlimited amount of these units across our 30 forums.
https://i.imgur.com/EdqexTE.pngWe are holding an ico for 10.8 million coins at a price of 0.00001 sats each
http://c-cex.com/i/l.pngClick Here For BOARD C-CEX ICO (please wait...)
The ico will run for 14 days at a price of 0.00001 sats per boardcoin.
The ico may be extended for an additional 14 days or longer if not enough coins are sold in the initial 14 day period. The trading begins as soon as the coins are sold or the ico period ends.
The proceeds will be used for financing the costs of building the boardcoin economy over 30 niche forums.
https://i.imgur.com/Hnn1qN4.pngBoardcoin Technical Specifications:https://i.imgur.com/IvYBkPs.pngWallets:
Coming soon
https://i.imgur.com/6UJ6wSb.pnghttp://c-cex.com/i/l.pngComing soon
Block Explorer:
Coming soon
Please note: This is a moderated thread but only obvious FUD and spam will be removed. Legitimate criticism will not be deleted.
