chickenfried12
Legendary
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Activity: 1120
Merit: 1003
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September 15, 2014, 01:23:33 AM |
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Dev, How much Saffron would be an optimal amount to be burnt to cSFR? What other future assets would it be used for?
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saffroncoin (OP)
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September 15, 2014, 02:02:57 AM |
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Dev, How much Saffron would be an optimal amount to be burnt to cSFR? What other future assets would it be used for?
500k SFR burnt would give about 45M cSFR. We are looking for 10-50M cSFR to be produced. This can be used for decentralized shopping, gaming, betting, you can also start a company and manage shares in it. Pretty much anything can be built on top of it. In the future we will experience with various assets.
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hughjays77
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September 15, 2014, 04:30:14 AM |
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maybe shares can be issued for crytoxindia
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hughjays77
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September 15, 2014, 04:37:35 AM |
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Are we still working on the Investor Club rewards ? [/quote]
Yes we need to come up with some extra ideas for the club apart from 0 fees for the exchange. Some kickass stuff where people would definitely not want to reduce their holdings under 100k just to be a member of the club. [/quote]Was just discussing on IRC about a feature like Elite Club to be included in the wallet. For eg. only those with more than 100k SFR in the wallet, can access the elite club. Elite members will get various benefits. This would also give a reason to hold SFR especially essential for a POW coin. This is something like a Gold Membership like you get some benefits being a Gold member on various places. At present, haven't thought of what facilities we can provide to elite members. Pho suggested that they can trade for 0% fee on cryptoxindia and also get some shares.
Can u all suggest some more?
Is selective staking possible? Right now the coin is pure POW, but what if somebody hold their 100k coin in the wallet for 2 weeks it can start staking? They will receive % of profit from CryptoxIndia Exchange by time of they hold their coins in wallet. Also , Holders can trade for 0% fee during holding time. Just posted this as an idea for the SFR club on IRC, let me know what you guys thing... SFR Boosters Club: An group of traders/investors directly associated with SaffronCoin and invitations are granted to those who are holding 100K SFR in their wallets. The main purpose of the club is to discuss future developments, fundraising, and general community support. Additionally, there will also be many benefits for those who participate. Members of the SFR Boosters Club will trade with 0 fees, recieve of portion of transaction fees from cryptoxindia?, automatically entered into a monthly raffle with great prizes, as well as direct access to the SFR development team.
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MysticalCockFungus
Member
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Activity: 105
Merit: 10
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September 15, 2014, 06:31:29 AM |
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I like the idea of shares in cryptoxindia, but am I the only one who thinks the name "concentrated SFR" is kind of stupid?
I mean not only is it a weird name, but it also doesn't make sense if 1 SFR= 100 cSFR... thats more like Diluted SFR instead of concentrated... u know?
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chickenfried12
Legendary
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Activity: 1120
Merit: 1003
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September 15, 2014, 08:50:51 AM |
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I like the idea of shares in cryptoxindia, but am I the only one who thinks the name "concentrated SFR" is kind of stupid?
I mean not only is it a weird name, but it also doesn't make sense if 1 SFR= 100 cSFR... thats more like Diluted SFR instead of concentrated... u know?
How about Saffire or Saphire? Indicates a Saffron that has been set on Fire and a Rare Stone play on words. Maybe it should be a completely different name.
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torpedo
Full Member
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Activity: 274
Merit: 101
AI Growth Hacking, Crowd Shilling, and Guerrilla M
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September 15, 2014, 11:13:08 AM |
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I like the idea of shares in cryptoxindia, but am I the only one who thinks the name "concentrated SFR" is kind of stupid?
I mean not only is it a weird name, but it also doesn't make sense if 1 SFR= 100 cSFR... thats more like Diluted SFR instead of concentrated... u know?
How about Saffire or Saphire? Indicates a Saffron that has been set on Fire and a Rare Stone play on words. Maybe it should be a completely different name. saffire is interesting
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AI Growth Hacking, Crowd Shilling, and Guerrilla Marketing
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brookefinancial
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September 15, 2014, 11:45:54 AM |
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I like the idea of shares in cryptoxindia, but am I the only one who thinks the name "concentrated SFR" is kind of stupid?
I mean not only is it a weird name, but it also doesn't make sense if 1 SFR= 100 cSFR... thats more like Diluted SFR instead of concentrated... u know?
How about Saffire or Saphire? Indicates a Saffron that has been set on Fire and a Rare Stone play on words. Maybe it should be a completely different name. saffire is interesting Saffire is very good. So if I understand well, by owning some SFR Saffron, you directly own shares of cryptoxindia, future crypto exchange in india by saffron team? The project is really coming to live?
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3D Printing and Bitcoin, that's pretty cool.
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saffroncoin (OP)
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September 15, 2014, 11:51:47 AM |
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I like the idea of shares in cryptoxindia, but am I the only one who thinks the name "concentrated SFR" is kind of stupid?
I mean not only is it a weird name, but it also doesn't make sense if 1 SFR= 100 cSFR... thats more like Diluted SFR instead of concentrated... u know?
cSFR is just a unit. The name of this protocol and sidechain is SFRDirect. Normal users do not need to know what is concentrated SFR. They would only refer to it is SFRDirect. Concentrated SFR will not be mentioned anywhere. This will be called by the name SFRDirect. cSFR is the currency of SFRDirect. Regarding that diluted part, diluted basically means making something weaker by adding a foreign substance. So in this way, concentrated is a better word.
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saffroncoin (OP)
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September 15, 2014, 11:53:26 AM |
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I like the idea of shares in cryptoxindia, but am I the only one who thinks the name "concentrated SFR" is kind of stupid?
I mean not only is it a weird name, but it also doesn't make sense if 1 SFR= 100 cSFR... thats more like Diluted SFR instead of concentrated... u know?
How about Saffire or Saphire? Indicates a Saffron that has been set on Fire and a Rare Stone play on words. Maybe it should be a completely different name. saffire is interesting Saffire is very good. So if I understand well, by owning some SFR Saffron, you directly own shares of cryptoxindia, future crypto exchange in india by saffron team? The project is really coming to live? That is if a user becomes a member of the elite club. This is not an immediate implementation. This will be done when cryptoxindia is ready for launch and only then we will have the elite club created.
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saffroncoin (OP)
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September 15, 2014, 01:46:53 PM |
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Hello folks!
I can now confirm to attend the bitcoin expo 2014 in shanghai. Will be leaving in 2 days time. I will be giving a short talk and presentation on saffroncoin about how we are different from others and what all is in store for us.
Speaking as a normal crypto enthusiast and not a developer, i feel that only vericoin and saffroncoin are the only 2 alts that are implementing excellent technical developments as well as looking for mainstream implementation. Others just do 1 of the 2. Our next steps for mainstream implementation after getting back would be getting a local media article released and start work on point of sale devices. The next technical development would be SFRDirect.
I might not be able to post too often for the next week but my team will be keeping you posted.
Regards
Roshan
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vipin.khatri20
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September 15, 2014, 04:15:57 PM |
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Hello folks!
I can now confirm to attend the bitcoin expo 2014 in shanghai. Will be leaving in 2 days time. I will be giving a short talk and presentation on saffroncoin about how we are different from others and what all is in store for us.
Speaking as a normal crypto enthusiast and not a developer, i feel that only vericoin and saffroncoin are the only 2 alts that are implementing excellent technical developments as well as looking for mainstream implementation. Others just do 1 of the 2. Our next steps for mainstream implementation after getting back would be getting a local media article released and start work on point of sale devices. The next technical development would be SFRDirect.
I might not be able to post too often for the next week but my team will be keeping you posted.
Regards
Roshan
Good Luck Dev, Hope you have a good time
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SquidsIn
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September 15, 2014, 07:03:05 PM |
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I like the idea of shares in cryptoxindia, but am I the only one who thinks the name "concentrated SFR" is kind of stupid?
I mean not only is it a weird name, but it also doesn't make sense if 1 SFR= 100 cSFR... thats more like Diluted SFR instead of concentrated... u know?
stupid name? Pot, kettle, black? Mr MysticalCockFungus! I did think the same though re: concentration or dilution. I do like the suggestion of Saffire.
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Since getting into Cryptocurrency I've had many bags, all but two have varied over time. Those are the two I see in the mirror where my eyes once shone.
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hughjays77
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September 15, 2014, 07:27:56 PM |
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so basically the Elite Club is off the table for months I like the idea of shares in cryptoxindia, but am I the only one who thinks the name "concentrated SFR" is kind of stupid?
I mean not only is it a weird name, but it also doesn't make sense if 1 SFR= 100 cSFR... thats more like Diluted SFR instead of concentrated... u know?
How about Saffire or Saphire? Indicates a Saffron that has been set on Fire and a Rare Stone play on words. Maybe it should be a completely different name. saffire is interesting Saffire is very good. So if I understand well, by owning some SFR Saffron, you directly own shares of cryptoxindia, future crypto exchange in india by saffron team? The project is really coming to live? That is if a user becomes a member of the elite club. This is not an immediate implementation. This will be done when cryptoxindia is ready for launch and only then we will have the elite club created.
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IMJim
Legendary
Offline
Activity: 1260
Merit: 1000
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September 15, 2014, 07:47:38 PM |
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Love, love, love and LOVE the elite group idea. This has been the absolute funnest and most exciting projects I have been a part of in crypto. Almost daily it seems like Christmas and I can't wait to see what this team has come up with when I check in here!
Time to stock some more SFR:-)
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originalchilli
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September 15, 2014, 09:20:40 PM |
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LOL, pay for viagra with wank coin. dont need em thanks
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FOLLOW ME ON TWITTER - @originalchilli
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cryptoholic11
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September 15, 2014, 09:44:41 PM |
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Love, love, love and LOVE the elite group idea. This has been the absolute funnest and most exciting projects I have been a part of in crypto. Almost daily it seems like Christmas and I can't wait to see what this team has come up with when I check in here!
Time to stock some more SFR:-)
If you think it has been Christmas for SFR, wait till the developments drop!
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lin0sspice
Legendary
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Activity: 1190
Merit: 1002
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September 16, 2014, 12:28:32 AM |
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Yes I did, about to update international shipping also. Just place order more than 2 I can ship free
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saffroncoin (OP)
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September 16, 2014, 01:06:27 PM |
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I am now officially listed on bitcoinexpo2014.com as one of the speakers.
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