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Question: Should a portion of the unclaimed coins be made available for those that missed the swap?
Yes - We have enough to spare, even for late-comers.
No - Sufficient notice and time to complete the swap was given. It wouldn't be fair to those that were punctual.

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Author Topic: [ANN][CFC2]Coffeecoin | This coin is under the RevivalCoinGroup management  (Read 252839 times)
marti
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May 20, 2014, 11:10:58 PM
 #3201

voted on mintpal #737

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coffeecoin (OP)
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May 20, 2014, 11:54:48 PM
 #3202

CFC Guild placeholder site added to OP. It is by no-means the complete product. It will be overhauled after we receive funding through CryptoStocks listing (more to come on that later)
marti
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May 21, 2014, 12:34:23 AM
 #3203

voted on mintpal #738

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sylph93
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May 21, 2014, 01:18:35 AM
Last edit: May 21, 2014, 03:43:38 AM by sylph93
 #3204

CFC Guild placeholder site added to OP. It is by no-means the complete product. It will be overhauled after we receive funding through CryptoStocks listing (more to come on that later)

Why don't you let people invest their CFC into CFC Guild?

Following steps would be good for both CFC and CFC Guild.

1) Let people invest their CFC into Guild. It will absorb circulation volume of CFC in the market.

2) CFC Guild uses their invested CFC to buy raw material from coffee bean suppliers. (CFC payment)
1) and 2) will support CFC price and promote seller adoption. The suppliers can easily exchange CFC into BTC or fiat money.

3) CFC Guild trades beans and makes profit, then distribute dividend to share holders. Share holders can select option to receive dividend by CFC, BTC or Coffee bean itself.

As far as I know, cryptostocks listing is not a good choice. Let's build CFC economy model.




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marti
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May 21, 2014, 01:46:24 AM
 #3205

voted on mintpal #740

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marti
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May 21, 2014, 03:09:16 AM
 #3206

voted on mintpal #741

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marti
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May 21, 2014, 04:23:04 AM
 #3207

voted on mintpal #742

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$dakini
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May 21, 2014, 05:28:21 AM
 #3208

CFC Guild placeholder site added to OP. It is by no-means the complete product. It will be overhauled after we receive funding through CryptoStocks listing (more to come on that later)

Why don't you let people invest their CFC into CFC Guild?

Following steps would be good for both CFC and CFC Guild.

1) Let people invest their CFC into Guild. It will absorb circulation volume of CFC in the market.

2) CFC Guild uses their invested CFC to buy raw material from coffee bean suppliers. (CFC payment)
1) and 2) will support CFC price and promote seller adoption. The suppliers can easily exchange CFC into BTC or fiat money.

3) CFC Guild trades beans and makes profit, then distribute dividend to share holders. Share holders can select option to receive dividend by CFC, BTC or Coffee bean itself.

As far as I know, cryptostocks listing is not a good choice. Let's build CFC economy model.

100% agree.
fedmahnkassad
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May 21, 2014, 09:47:42 AM
 #3209

Mintpal #750 give me a cookie!
marti
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May 21, 2014, 10:18:44 AM
 #3210

voted on mintpal #753

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amiryaqot
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May 21, 2014, 10:29:42 AM
 #3211

https://www.mintpal.com/voting  #754
amiryaqot
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May 21, 2014, 11:02:55 AM
 #3212

https://usecryptos.com/coinvoting  #5
coffeecoin (OP)
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May 21, 2014, 11:48:53 AM
Last edit: May 21, 2014, 03:23:20 PM by coffeecoin
 #3213

CFC Guild placeholder site added to OP. It is by no-means the complete product. It will be overhauled after we receive funding through CryptoStocks listing (more to come on that later)

Why don't you let people invest their CFC into CFC Guild?

Following steps would be good for both CFC and CFC Guild.

1) Let people invest their CFC into Guild. It will absorb circulation volume of CFC in the market.

2) CFC Guild uses their invested CFC to buy raw material from coffee bean suppliers. (CFC payment)
1) and 2) will support CFC price and promote seller adoption. The suppliers can easily exchange CFC into BTC or fiat money.

3) CFC Guild trades beans and makes profit, then distribute dividend to share holders. Share holders can select option to receive dividend by CFC, BTC or Coffee bean itself.

As far as I know, cryptostocks listing is not a good choice. Let's build CFC economy model.



Before I can give you my reasoning, you have to understand the 2 separate entity types and the proposed share allocation. Investors WILL be able to invest CFC. If not given that opportunity, it would all be for nothing.

The Guild (For-profit business entity) 55%
Purpose: Sell goods (coffee-related merchandise) and services (fee-based vendor hosting and advertising), and facilitate business partnerships and trade agreements.

The Foundation (Non-profit entity) 5% (Given as "donation" for development)
Purpose: Development of all CFC-related materials including the coin, wallet technology (and updates), and direction moving forward. The coin still needs to be developed, and our "development fund" needs a boost.

Public: 30%
Purpose: Source of initial project funding (BTC, LTC)

Held for CFC (Public): 10%
Purpose: A portion of shares held for public purchase in CFC. Capped to avoid centralization.

Profit-sharing in BTC and CFC payouts are part of the plan. For day to day business, I chose to accept BTC as the principle investment to avoid having to "strategically dump" CFC just to fund our endeavors.

Our marketcap is very small at the moment, so to avoid making a huge footprint in the CFC economy (and mainly avoid centralization), the percentage offered for CFC is capped. One entity owning the majority of CFC is NOT beneficial to anyone. There will be multiple (at most 5) stages of share allocation, so everyone would have multiple opportunities to invest BTC as well as CFC. Keep in mind the Guild is a business entity founded to support and encourage the use and development of CFC. Still, think of it just like any other merchant. Our only goal is not just selling beans for cash; We are shooting much higher than that.

At the present moment, ask yourself this:

"Are real-world coffee wholesalers and retailers offering their products for CFC?" NO, but the Guild will. Cryptocurrency acceptance is few, and far between in comparison to fiat. The Guild aims to open up the avenue for cryptocurrency in terms of international trade, and eventually imports and exports as a whole.
marti
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May 21, 2014, 11:49:21 AM
 #3214

voted on mintpal #757

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May 21, 2014, 12:10:11 PM
 #3215

My amount of BTC mined on CFC multipool has not been payed yet as CFC. When will that happen?
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May 21, 2014, 01:06:10 PM
 #3216

voted on mintpal #760

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coffeecoin (OP)
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May 21, 2014, 01:11:23 PM
 #3217

My amount of BTC mined on CFC multipool has not been payed yet as CFC. When will that happen?

Send a PM to neolinkhati. I have no control over multipool or its payouts.
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May 21, 2014, 02:29:43 PM
 #3218

voted on mintpal #764

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May 21, 2014, 02:33:41 PM
 #3219

Voted, 766.. Smiley

~NOBLE: 9nob1eN1GAte3sbZsfPDkw74JDxT2hbXRo ~
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May 21, 2014, 02:34:24 PM
 #3220

Voted, 766.. Smiley

Yep, I did 765 Smiley
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