PRE[ANN]Quantum|QTM|Cure Cancer|Map Cosmos|X11|Anonymous|Asic Resistant|IPO Info

[cameronpalte]

can you made a detail whitepaper for this project

I plan on it. As stated in the original post that is one of the things that will happen after the IPO funding for 10 Bitcoins.

Why would anyone invest if you don't want to put any effort BEFORE you get 10 BTC?

Not trying to be an asshole, but I don't see the logic here.

Motivate people to enter your IPO, if it's even a real IPO and not a scam IPO.


Use an escrow. I recommend escrow.ms, have done few jobs with him and he's great.

No offense taken. I do plan on doing work and will do so up to, during, and after the IPO. However, the whitepaper is not one of the most pressing concerns at this moment, and my main goals are a website & forum for people interested in the coin which I can't do without the funding for the IPO. However, I understand what you are saying and will try to get more work done before the IPO.


I'm confused about the escrow. The point of an escrow to hold the funds until you send the item for a trade. However, that would not work here because I need the funds before I can send the items for the trade. Having an escrow hold the funds makes them useless to me.


Thank you for your advice!

Your escrow would hold the majority of BTC until you're done with stuff you've said that you gonna do.

Example:

a) You gonna need a website, which costs X ( So, you ask him for funds for that )
b) You gonna need X thing, so, you gonna need X BTC. ( You ask him for funds again )

Until you've covered everything you need, the escrow would hold the rest of the funds. After you finish with all your goals, he'd release them.

I'm confused about the escrow. The point of an escrow to hold the funds until you send the item for a trade. However, that would not work here because I need the funds before I can send the items for the trade. Having an escrow hold the funds makes them useless to me.


Thank you for your advice!

Very simple, issue tokens

Thank you both for your advice. I think the idea of having someone hold them and then ask for them as necessary is a good idea - I am currently in talks with Poloniex to see if they can host the IPO on the exchange (with the advantage of allowing users to invest in small quantities) and they would also do the holding them and release them as necessary - I'll talk to some well known escrows on this forum to see if they can help to.

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[cameronpalte]

ipo?no

Yes, we will have an IPO.

Anonymous coins & dev's & teams are the perfect venue for scammers to never be held accountable. No thanks.

Coins are naturally anonymous and I'm sorry if you believe we are trying to scam you. I hope you can come to better terms with our project by watching it run.

How are you going to cure cancer with that coin?

Part of folding @ home is to analyze protein folding to see how problems with protein folding result in diseases such as cancer. The data from this will be used to attempt to find drugs that can cure cancer over the long term. However, it also works to help cure other diseases and Boinc has plenty of programs you can do.

[cameronpalte]

Logo competition opened: https://bitcointalk.org/index.php?topic=635749.msg7083282#msg7083282

[cameronpalte]

Making progress on the white paper

[testadimerlo]

If you are going to help people curing the cancer - you and the other one that already exist - I think that it is a noble thing. You don't need to be anonymus. Please, tell us your name and surname, thank you

[cameronpalte]

If you are going to help people curing the cancer - you and the other one that already exist - I think that it is a noble thing. You don't need to be anonymus. Please, tell us your name and surname, thank you

I am ok with releasing who I am but I will not be releasing the details of the rest of the dev team until later without their approval.

-My Job-
Basic Coding
Websites Development
Overall Manager
Community Relations
Investor Management

-Identity-
Name: Cameron Palte
Facebook: https://www.facebook.com/cameron.palte.7?ref=tn_tnmn
Email: cameronpalte@gmail.com



 We have one more developer who will be doing just coding and a third one who we ware in talks in who will be doing just coding. My coding skills aren't good enough to do it by myself. We are looking for marketing & community relations people. Please PM me if interested, I've gotten a few PMs so far.


Without releasing identity I can give some information about the developer.


Experience with all major programming languages
Currently works with Broadcom http://www.broadcom.com/
Programming for 20+ years in industry.
Worked with many start ups along with major companies like IBM, Cisco, and Broadcom


Thanks.

[Collegestudent]

Y not clone drk

[cameronpalte]

Y not clone drk

What would be the point of cloning drk? We would get a coin equivalent to an existing one - that offers nothing new. However, what we are doing here is attempting to combine the best of both with the anonymity features from Darkcoin combined with the advantages of using the hashes for something useful. Plus while combining them we are attempting to fix the errors that other coins have had in their attempt to implement one of these two features.


The result we are going for is a coin that will be able to solve the needs of people looking for anonymity and people looking to use it for just general spending while at the same time, make it simple and efficient to use for the average person, and also take the hashing power from Bitcoin used for an algorithm that doesn't accomplish anything and instead go for an algorithm that does. Lastly, rather than you having to make an investment to mine with Bitcoin since most people don't just have Bitcoin Asics lying around - and normally a quite big and risky investment to make money, we wanted to make a coin that anyone could just mine with their desktop kind of how Litecoin used to be.

Check out this motivational video: https://www.youtube.com/watch?v=Y3QpubKy8_s around 1:40 in where he says you can never be the best copycat in the world - same for cryptocurrencies - you make a copycat currency you will never have the best copycat currency.


That is the long answer to your question - Let me know if you have any more.

[cameronpalte]

Update, I have done a name change to Quantum [QTM]. The principle it embodies is very similar to the idea of Quanta, however, Quantum sounds a lot cleaner to me than QuantaCoin.



That's all - thanks for the posts and the PMs guys - looking forward to more.

[2dogs]

Very interesting, and will be watching closely, and if we could help out,
please let us know.
We can translate from English to Japanese, but don't know what else
we might be able to provide.

[cameronpalte]

It looks interesting. Watching it...

Glad to hear it!

[cameronpalte]

I am glad offer chinese translation,pm me if you interest.

Thank you for offering this, I'll contact you if interested.

[cameronpalte]

Very interesting, and will be watching closely, and if we could help out,
please let us know.
We can translate from English to Japanese, but don't know what else
we might be able to provide.

Glad to hear it. I'll make sure to contact you if interested - we do plan on doing website translations later.

[CoinManiac]

I am willing to invest but without escrow, i dont think so

[cameronpalte]

I am willing to invest but without escrow, i dont think so

Glad you are willing to invest - we are currently talking with Poloniex about them doing the IPO for us. Since the recent scam IPO they have introduced new safety features

(1) I have to give proof of identity to them which can be turned to public / authorities if I scam you guys
(2) they serve as an escrow where I send them all requests to withdraw coins and they have to validate the request and what I want to do with the coins before allowing me to withdraw - so the escrow money will only be withdrawn in small chunks as I complete one portion of the project at a time.

[CoinManiac]

I am willing to invest but without escrow, i dont think so

Glad you are willing to invest - we are currently talking with Poloniex about them doing the IPO for us. Since the recent scam IPO they have introduced new safety features

(1) I have to give proof of identity to them which can be turned to public / authorities if I scam you guys
(2) they serve as an escrow where I send them all requests to withdraw coins and they have to validate the request and what I want to do with the coins before allowing me to withdraw - so the escrow money will only be withdrawn in small chunks as I complete one portion of the project at a time.

Thats great..So any tentative date for the IPO

[cameronpalte]

I am willing to invest but without escrow, i dont think so

Glad you are willing to invest - we are currently talking with Poloniex about them doing the IPO for us. Since the recent scam IPO they have introduced new safety features

(1) I have to give proof of identity to them which can be turned to public / authorities if I scam you guys
(2) they serve as an escrow where I send them all requests to withdraw coins and they have to validate the request and what I want to do with the coins before allowing me to withdraw - so the escrow money will only be withdrawn in small chunks as I complete one portion of the project at a time.

Thats great..So any tentative date for the IPO

Yes we have a tentative date - as announced in the OP - June 15, 2014

[allwelder]

good name.

[cameronpalte]

good name.

Thank you - really needed this wasn't sure what people thought of the name.

[BigWait]

https://bitcointalk.org/index.php?topic=638090.msg7119876#msg7119876
help to translation chinese
let more people know about this coin
 
It likes cure coin?
It think have some coin to free giveaway will be better ...