Thoughts wanted on development of new coin

[jjj0923]

I'll try and make this brief.

5 years ago my best friend died of a disease. I want to introduce a coin that will continually raise money for the charity that
conducts/funds research in the hope for a cure for this disease.

I think that this will be an ongoing mining operation - not one of these limited mining operations of N number of days

All pools involved must be willing to donate 1% to the charity.

All transactions would have a % that goes straight to the charity

I would establish a 1% premine to used to promote the coin, pay for press releases, public relations etc.

All Volunteers and participants including myself would have to publish a link to their Linkedin or Facebook profiles because I want full
transparency with this coin to establish legitimacy.

Over the past 5 years I have run fund rasiers in my area (Northern MD & Delaware) to raise money for this charity and now I'd like to take
it a step further with the introduction of a coin.

In addition in order to keep this coin out of the dumps I would like to limit all miners in pools to a limit on the hash rates to keep the coin from
being massively mined then dumped.

I'd also like to establish a floor price for the coin and people selling the coin under a certain satoshi would be forced to pay a higher transaction
fee for 'dumping' the coin at bargain basement prices.

My goal is to establish a long term viable coin that can generate real revenue for the charity.

I welcome your thoughts and observations - I am just one guy and these are just my thoughts - please let me know yours.

Thanks in advance.

[1714193631]

1714193631

[jjj0923]

no thoughts? comments?

[platorin]

Well there are plenty of charity coins and none of them have any idea how to rise many nor develop the project. They all talk much about innovations, great stuff and so on. But obviously forgot to add that Bitcoin already has all the features, so...

[jjj0923]

Well there are plenty of charity coins and none of them have any idea how to rise many nor develop the project. They all talk much about innovations, great stuff and so on. But obviously forgot to add that Bitcoin already has all the features, so...

I have devs ready to go who have developed other coins. I'm a tech guy in real life and runs lotsa nix servers and manage programmers - all java guys, but I've found a good group of devs here who are willing to do the work.

My focus is to promote it, advertise it and keep the value and interest level high to keep a steady flow of income to the charity.

[alani123]

If you're going to make a nother charity coin I guess you'll have to find a way proving people that you're not just using the word charity for yor own profit.

[Daisyy]

now there are so many coins which are thought..

but at last, they are death...

please make it..

[jjj0923]

If you're going to make a nother charity coin I guess you'll have to find a way proving people that you're not just using the word charity for yor own profit.

that would be easy because I'd publish the name of the Charity and they'd have a link on their own website with the wallet address...

no problems there - full transparency -

thanks for you thoughts...

the most important thing to me s making sure people know this is Legitimate - I'm sure you've heard of the charity - it's huge and worldwide. I'd be associating with the local branch in Delaware and their website. I've already talked to them and they love the idea.

A recent fund rasier/auction I ran for them raised $18,000 so they like what I do.

But I can tell you - explaining the entire Virtual Currency market leaves 99% of my friends scratching their heads...


LOL