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Question: Coin Name
Navajo [NAV]  (Keep NAVs as denomination) - 17 (68%)
Navajo [CODE] (No change in name but a change to CODEs as a denominations) - 2 (8%)
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Author Topic: SummerCoinV2 Foundation - *SUM2 Fund*  (Read 10703 times)
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SUM2dev
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June 23, 2014, 06:56:53 PM
Last edit: July 02, 2014, 12:10:04 PM by SUM2dev
 #1

SUM2 Fund

~ SummerCoinV2 Foundation



INTRODUCTION

- Welcome to official SummerCoinV2 Foundation thread. This is where all SUM2 Fund members will meet, discuss and create the future of SummerCoinV2.

The SUM2 Fund was founded to improve SUM2 and let all it's holders affect and shape the coin which they are holding and are a part of. We want Summercoin to be the people’s coin and unlike any other coin. The Fund will allow anyone to decide on their coin’s future by voting and choosing what to donate for. You can join SUM2 Fund simply by donating the minimum donation amount - 0.05 BTC to the SUM2 Fund wallet. The reason we have set this minimum is to prevent spam and make sure the people who shape this coin are ones that care about its future. Together, in this thread we will decide on what we will spend the raised money and what are the priorities on which we should focus at the moment.


- SUM2 Fund has 2 classes of donation addresses:

The first class is the SUM2 Foundation Trust and it has only one address. The people who donate to this address choose to give the foundation the power to invest in what the foundation think is best. It will also be the address you have to donate to in order to gain membership.

The second class is SUM2 Purpose Trust. It has a several addresses:

for example one for the website, one for the logo, one for the forum etc. People can choose what their donation will be used for. This also gives a chance to those who do not necessarily want to be part of the foundation a chance to make their voice heard.



- The reason we are currently not accepting SUM2 for donations is to have no effect on the price when there is a need to sell and pay for some service. This is very important as the situation is very delicate at this early stage.

- Different titles/ranks are available in the SUM2 Fund. Every donator gets the "investor" title after he/she sends first donation (minimum 0.05 BTC).

You can earn different titles if you can do something more for SUM2 - for example if you are a programmer, designer etc.


- Every member gets the amount of BTC he/she donated to the SUM2 Fund, next to his/her name.


Procedure for becoming a member:

To become a member, the minimum donation of 0.05 BTC or more has to be made to the SUM2 Foundation Trust. You then have to PM the SUM2dev account with the Tx id, the amount sent, and the date.

Members who do not wish to make their donation amount public can either request so via the PM and only the min amount will be displayed next to their name or first send the minimum amount and then send as much as they want in different transactions.


- All the members of the SUMv1 Foundation have already been added. The original SUMv1 foundation is address is SZj8yxVx7GqcjhDcZpJtZ1Qa5N9cvGYqHR and currently holds 61012.27273477 unswapped SUM1 coins. The wallet has been staking and you can verify that all the outputs that occured were part of staking. The person who holds the private key to that address is former fund administrator gpuminer. We have contacted him but we are yet to receive a response. Therefore it has been decided that those funds will be frozen in that wallet and monitored. The 61012.27273477 will be awarded to the new SUM2 fund address: sSgQ6KiRj6ZKgyP3ghKn8tXUa5zNan134J.

The unswapped coins will also be sent to this address after the coinswap ends on the 26th of june and our great DEV soopy452000 releases the swap report.
These coins are not expected to be used for the foreseeable future and their use will be decided by the foundation.

Transparency scheme: Our head DEV Soopy452000 is currently in charge of the fund addresses. No funds will be moved before an official explanation addressing the amount and purpose is posted. Logs of all addresses will be available to the public.


https://blockchain.info/address/1JGXCDgLAvVFNDJETuLsA7obTgu4JThFfD


MEMBERS LIST:

1. SUM2dev https://bitcointalk.org/index.php?action=profile;u=346214 (Official SUM2 Fund administrator)

2. Soopy452000 https://bitcointalk.org/index.php?action=profile;u=158610 (Official developer of SummerCoinV2) BTC: -

3. Strugg https://bitcointalk.org/index.php?action=profile;u=312847 (Member of development team) BTC: -

4. inmymem https://bitcointalk.org/index.php?action=profile;u=236908 (Member of development team) BTC: -

5. Wasda https://bitcointalk.org/index.php?action=profile;u=337424 (investor) BTC: - 0.1

6. cienki7 https://bitcointalk.org/index.php?action=profile;u=178327 (investor) BTC: -

7. barbmc193 https://bitcointalk.org/index.php?action=profile;u=303610 (investor) BTC: -

8. quovadiz https://bitcointalk.org/index.php?action=profile;u=259420 (investor) BTC: -

9. skidog https://bitcointalk.org/index.php?action=profile;u=185019 (investor) BTC: -

10. Banger42 https://bitcointalk.org/index.php?action=profile;u=306647 (investor) BTC: -

11. spatula https://bitcointalk.org/index.php?action=profile;u=232968 (investor) BTC: -

12. xmcn https://bitcointalk.org/index.php?action=profile;u=326450 (investor) BTC: -

13. bcd https://bitcointalk.org/index.php?action=profile;u=165313 (investor) BTC: -

14. MacHead2006 https://bitcointalk.org/index.php?action=profile;u=246845 (investor) BTC: -

15. yuio https://bitcointalk.org/index.php?action=profile;u=330624 (investor) BTC: -

16. gpuminer https://bitcointalk.org/index.php?action=profile;u=253480 (previous SUMv1 Fund Administrator) BTC: -

CURRENT TASKS:

* Logo Design Contest   Bounty Address is located below in the donation section.


DONATION ADDRESSES:

SUM2 Foundation Trust-  Bitcoin: 1JGXCDgLAvVFNDJETuLsA7obTgu4JThFfD
 
SUM2 Purpose Trust-     *Logo Contest-->     SUM2: sJPJKnz4WyfB2mQMLXdVHkwff68P5choyG                    http://cryptexplorer.com/address/sJPJKnz4WyfB2mQMLXdVHkwff68P5choyG

SUM2 FUND Address:

SUM2- sPsXup5CARssz9iwcm1ePoWeGw17ZxtZir



CONTACT SUM2 Fund administrator:

BTC Talk: https://bitcointalk.org/index.php?action=profile;u=346214

BTC Talk: https://bitcointalk.org/index.php?action=profile;u=158610

BTC Talk: https://bitcointalk.org/index.php?action=profile;u=236908

BTC Talk: https://bitcointalk.org/index.php?action=profile;u=312847


SUMMERCOINV2 Thread:

https://bitcointalk.org/index.php?topic=625693.0

SUMMERCOINV2 SOCIAL:

http://www.reddit.com/r/SummerCoinV2/

https://twitter.com/SummerCoin2

https://www.facebook.com/pages/SummerCoin-2/275085062670816





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June 23, 2014, 07:00:59 PM
 #2

Summer All Year Round! Smiley

Working/Online Times
04:00:00 GMT - 12:00:00 GMT / 00:00:00 EDT - 08:00:00 EDT

Coin Developments & Contributions 1. SherlockCoin (SHC) (https://bitcointalk.org/index.php?topic=454981) 2. [RESURRECTION] Bringing Life to Growthcoin (GRW) , Community Backed Development! (https://bitcointalk.org/index.php?topic=469464) 3. [ANN][66][New Maintainer] ★Coin 66★ (https://bitcointalk.org/index.php?topic=493987) 4. [RE-ANN] Galaxycoin Revival!-FORK AT BLOCK 255145, KGW, RANDOM BLOCK REWARDS (https://bitcointalk.org/index.php?topic=495693) 5. [RESURRECTION] Taking Astrocoin to the Moon,KGW Implemented + HARD FORK AT 17520 https://bitcointalk.org/index.php?topic=516549 6. [RESURRECTION] Bringing Electric back to the grid, Community Backed Development! https://bitcointalk.org/index.php?topic=514790
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June 23, 2014, 07:26:13 PM
 #3

Fantastic! Keep doing great job!

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June 23, 2014, 07:38:21 PM
 #4

Fantastic! Keep doing great job!
Thank You! Ofcourse we will!
Let's make it the best coin it can be, together, in the Foundation!  Wink

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June 23, 2014, 07:44:10 PM
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Yeah, good job, soopy.

SUM2dev
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June 23, 2014, 07:52:19 PM
 #6

We are currently looking for feedback before moving to our first task. Please express what you think about the foundation setup and any questions are welcome.

Thank you

SUM2 DEVS

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June 23, 2014, 08:08:19 PM
 #7

wet t-shirt contests  Huh

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June 23, 2014, 08:16:35 PM
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Summer summer summer timeee * jams Will Smith*
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June 23, 2014, 10:01:18 PM
 #9

We are currently looking for feedback before moving to our first task. Please express what you think about the foundation setup and any questions are welcome.

Thank you

SUM2 DEVS

Exactly.
Community, what should be the first Foundation's task in Your opinion? Wink

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June 23, 2014, 11:25:23 PM
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how is navajo going?  i see no word about this.
to make sum2 a good coin,just release navajo.
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June 24, 2014, 12:17:20 AM
 #11

how is navajo going?  i see no word about this.
to make sum2 a good coin,just release navajo.


  Navajo is on its way and Soopy is well on it. He has made massive progress and is about to finish Alpha testing. We will be giving more information on it and approximate release dates soon. However it is not the only important thing. We need to build a community that will support and make this coin last. No matter how good the technology behind your coin is, if there is no strong community there is nothing. We want a community for the present and the future. Tomorrow we will be making our first decision as a community. Stay tuned!

Thank you

Sum2Devs


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June 24, 2014, 04:37:50 AM
 #12

/looks for coins to dump.....

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June 24, 2014, 04:50:22 AM
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/looks for coins to dump.....

What do you mean?
Other coins, so I can donate.

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June 24, 2014, 05:18:14 AM
 #14

good to see this happen

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June 24, 2014, 06:23:54 AM
 #15

/looks for coins to dump.....

What do you mean?
Other coins, so I can donate.
I am sorry but I still do not understand what you are trying to say.
I think that icekohl means that He looks for dumpers, which are selling the coins cheaply, so that He can buy them up, donate to Foundation and become a part of this Wink Am I right mate?

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June 24, 2014, 09:46:46 AM
 #16

Cool. SUM2 will be added to polo on Wednesday

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June 24, 2014, 09:54:22 AM
 #17

/looks for coins to dump.....

What do you mean?
Other coins, so I can donate.
I am sorry but I still do not understand what you are trying to say.
I think that icekohl means that He looks for dumpers, which are selling the coins cheaply, so that He can buy them up, donate to Foundation and become a part of this Wink Am I right mate?
can you plz tell us the date navajo release?
everyone is talkting "vote"  "polo",i dont think this is good to SUM2,is that important?
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June 24, 2014, 11:31:37 AM
 #18

Is this coin really going anywhere?
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June 24, 2014, 01:44:33 PM
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Is this coin really going anywhere?
without navajo,this coin will be a scam,i think
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June 24, 2014, 01:58:42 PM
 #20

/looks for coins to dump.....

What do you mean?
Other coins, so I can donate.
I am sorry but I still do not understand what you are trying to say.
I think that icekohl means that He looks for dumpers, which are selling the coins cheaply, so that He can buy them up, donate to Foundation and become a part of this Wink Am I right mate?
can you plz tell us the date navajo release?
everyone is talkting "vote"  "polo",i dont think this is good to SUM2,is that important?


We cannot give a release date yet. The first step is Beta testing. We can assure you that it is not far and we will be notifying the community 2 days before its release. The reason "everyone is talkting "vote"  "polo"" and not navajo is because that is what they can do for the coin. Navajo is soopy's job and that cannot help with that.

Thank you 

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