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Author Topic: [Pre-ANN] 'Landmarks' IPO (Location Based Faucets) (LND)  (Read 2814 times)
Land Marks (OP)
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May 03, 2014, 12:11:25 AM
Last edit: May 05, 2014, 09:56:01 AM by Land Marks
 #1

https://i.imgur.com/UqSusCD.jpg

We are currently developing a coin to be released this Summer:

Location Based Faucets:   We are developing a coin where the primary mode of distribution is through location based faucets.  In order to collect the coins from the faucet you must physically visit the faucet. Smartphones will allow the user to collect coins if they are within a certain distance.  

-  These faucets are accessible via GPS enabled smartphones.  

-  The coin will be POS with the primary mode of distribution being the location based faucets.

-  Each city will have a faucet that will pay out at a set rate.   Each prominent landmark will  have a faucet.  

-  Merchants can set up their own faucet to encourage people to visit their area.

IPO:

To fund development there will be an IPO.

Each IPO investor will get a custom made landmark that they will be able to place where they choose that will show up on the map.

Further landmarks will can be purchased through an easy web form at the market price of the coin, which will be added to the map.

We have a lot of development to do.  I want to extend my hand to any developers in this community who think they may be able to contribute.

Coin Info:
To Be Announced

https://i.imgur.com/9hiDEHF.jpg?1
platorin
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May 03, 2014, 10:38:13 AM
 #2

Good luck, mate!
varunsin
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May 03, 2014, 10:38:46 AM
 #3

sounds good Smiley
Land Marks (OP)
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May 03, 2014, 10:49:36 AM
 #4

My friend who is a graphic designer is going to make the map icons and logos.  I cannot wait.  We should have some prototypes set up soon.

The long goal is to establish a successful coin that encourages getting out and travel.

We will have a professional quality web portal and smartphone applications.  It is going to take a few iterations but I am forming a good crew.
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May 03, 2014, 10:50:31 AM
 #5

it is interesting, and sounds nice and wondefule

come on,

I will keep an eye on it..

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Thunderson
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May 03, 2014, 11:06:58 AM
 #6

brilliant idea.
it will be funniest faucet ever

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May 03, 2014, 11:35:28 AM
 #7

It sounds good.
I hope you can do it .

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May 03, 2014, 11:55:06 AM
 #8

it is interesting, and sounds nice and wondefule

come on,
Philll90
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May 03, 2014, 12:48:30 PM
 #9

Cool idea, I like it! Smiley
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May 03, 2014, 03:32:59 PM
 #10

I like the idea! Keep us posted Smiley
Land Marks (OP)
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May 05, 2014, 12:40:14 AM
 #11

https://i.imgur.com/UqSusCD.jpg
Land Marks (OP)
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May 05, 2014, 12:43:10 AM
 #12

https://i.imgur.com/kqVd0c2.jpg
Land Marks (OP)
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May 05, 2014, 12:45:14 AM
 #13

These are just some prototype mockups.

It does need some work.  

The idea will be that each city will have a unique icon, and when you click on it a box pops up that shows information about the location as well as the amount in the faucet and a button to collect the coins if you are near the faucet.

We will change some things, I want to alter the icons a bit.  What does the community think?
Land Marks (OP)
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May 05, 2014, 12:47:02 AM
 #14

The big payout faucet will be the 'Landmarks', like Mt. Ranier or the Grand Canyon.  They will have unique special 'Landmark icons'.

Land Marks (OP)
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May 05, 2014, 01:11:53 AM
 #15

I am currently planning out iterations.
 
The plan is to launch before Summer break begins.

The distribution event will go one full year.  After that the faucets will still pay out but at reduced rates.

Still deciding on some final details and putting my team together.

The Landmarks will cover the globe, giving everyone a chance to collect some coins.  We will try to identify as many unique landmarks as possible and setup faucets at those locations.
Land Marks (OP)
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May 05, 2014, 01:33:51 AM
 #16

I have around 4 Bitcoin I can put towards various bounties.

I have spent the past two weeks studying the BitcoinJ code and working on some Android prototypes.

Although I have a background in software engineering I would like to add someone on to my team to help with coin development.

We still have to decide how to fund the application.  If I was going to hold an IPO each investor would get their unique faucet put on our map with a custom logo of their choice.

This will be a serious attempt at combining a map application with a coin so I want it to be robust and well tested, with a focus on good design principles to allow for extendability.
Land Marks (OP)
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May 05, 2014, 02:52:52 AM
 #17

I have many visions for this coin.

One of them is thus:  A merchant can open up a faucet for an event, so that people who go to the events can get free coins.
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May 05, 2014, 06:47:18 AM
 #18

I see this unfairly rewarding people in certain cities.
How can you be sure that every city in the world has a faucet?
Why is it fair that someone in New York has access to these "money faucets" but someone in Dinksville, Tennessee doesn't?

Do shop owners or whoever have to buy these landmark coins to create their own faucet (obviously they do), how does that work?
Do they need to buy bitcoins first so they can buy landmarks on an exchange just to fill up a faucet?

Lot of unexplained variables here.
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May 05, 2014, 06:53:27 AM
 #19

I see this unfairly rewarding people in certain cities.
How can you be sure that every city in the world has a faucet?
Why is it fair that someone in New York has access to these "money faucets" but someone in Dinksville, Tennessee doesn't?

Do shop owners or whoever have to buy these landmark coins to create their own faucet (obviously they do), how does that work?
Do they need to buy bitcoins first so they can buy landmarks on an exchange just to fill up a faucet?

Lot of unexplained variables here.

Note the Pre-Ann state.

I just want this to happen.  I am hoping the community will give feedback to make this a good coin.

What would be a good solution?


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Land Marks (OP)
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May 05, 2014, 06:55:56 AM
 #20

What would be fair?  I am even hesitant to hold an IPO just because of the commotion it would cause.  

In fact if the community wants to help out with this then I will not hold an IPO.  I just want a decent product.  

Right now in the coin community it is a tough call how to fund a fun and innovative coin.

I have a few Bitcoins to fund some of the marketing. Ideally the community would help to grow this coin so we would not have to have an IPO or pre-mine.

It is all up in the air. Smiley
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