[ANN][XRC]RhinoCoin - A Decentralized Record Label - SKYHOOK - NEW WEBSITE

[RhinoCoin]

LAUNCHED

RHINO COIN – A Decentralized Record Label - XRC

WWW.RHINOCOIN.ORG

https://i.imgur.com/zaQtN1n.png

RhinoCoin is unlike any other crypto-currency, each RhinoCoin [XRC] represents an equal share in Rhino Records; the first decentralized record label and recording studio, all of its assets, productions, licenses and profits.

RhinoCoin is a decentralized music label that owns its very own recording studio.  On the first of each month all RhinoCoin holders will be paid a dividend equal to the previous months earnings of Rhino Records.  The real world business fiat earnings will be converted to Bitcoin BTC then to RhinoCoin XRC and paid out to it’s corresponding shareholders.  Dividends will be paid out in RhinoCoin on the first of each month and divided based on the balances of each Rhino Address.  An potential update will allow users to request a Bitcoin dividend option.

RhinoCoin is not just a recording studio and record label but also so much more.  Every month the Rhino community will vote on an artist that will be completely backed by the RhinoCoin Community, from pre-production to recording and release of their songs.  These artists will have their tracks available for download at www.RhinoCoin.org or iTunes (or similar) under the RhinoCoin Records umbrella where all proceeds generated will be returned to the community.  

In reality the RhinoCoin Community will be the first decentralized record label with its own professional recording studio capable of signing, funding, producing and releasing artists as well as running the recording studio to profit the Rhino community.

While Rhino Recording will operate on a daily basis to generate income for the RhinoCoin Community each monthly artist will have access to the studio facilities, engineers and producers during off hours to work on their project free of charge.  These works will then be sold to profit the community.  In effect this will be a great opportunity for the best music to rise to the top by RhinoCoin Community Votes.  It will offer a great opportunity and exposure to new talent while at the same time stimulating value and growth to the community.

Rhino Recording Studio Description & Layout

Rhino Recording is an all in one premier recording facility in the heart of downtown Montreal, Canada.  Created to provide a high quality, comfortable recording, mixing and mastering environment for artists, musicians and producers.  The studio features various acoustic spaces capable of endless creative possibilities.  Rhino Recording is proud to offer at the heart of the facility a Solid State Logic 4040G+ recording & mixing console.  The studios are also equipped with both vintage and the latest high-end digital audio equipment configured to offer the most flexibility to its users.  The facility currently houses two recording studios with adjacent isolation booths, a large live tracking room and a lounge with vending machine.

https://i.imgur.com/TVFOoL7.png

Rhino Studio Assets – Studio A & B

Consoles
-   Solid State Logic 4040G+ Recording and Mixing Console
-   Digidesign Pro Tools C-1
-   Tascam US-2400 Remote Control Surface

https://i.imgur.com/2nPso1v.png

Monitoring & Amplification
-   Dynaudio M2 Main Monitors + Active Sub
-   Dynaudio BM15 Near Field Monitors
-   Yamaha NS-10 Near Field Monitors
-   Bryston 4B Power Amplifier (2)
-   MC2 750 Power Amplifier

Audio Interfaces, Software and Computers
-   Lynx: Aurora 16 Mastering quality digital converters (2)
-   Lynx: AES16 -16 channels of aes/ebu (2)
-   Steinberg Nuendo 6 Media Production System
-       Pro Tools 11
-   UAD digital processing card (2)
-   Mac Pro 8-core Power PC (2)
-   Dual 19” LCD Monitors
-   Three 17” LCD Monitors
-   42” LG Plasma Display

Outboard Gear & Processors
-   Amek 9098 (2)
-   Focusrite ISA220 (2)
-   Vintech X73i  (2)
-   TL Audio C-1
-   Urei 1176
-   Urei LA4
-   Empirical Labs Distressor (2)
-   Evantide Harmonizer H3000SE
-   Lexicon PCM 70 digital effects processor
-   Lexicon PCM 60 digital reverb unit
-   Lexicon PCM 42 digital delay and effects processor

https://i.imgur.com/4wn3RHH.png

Microphones
-   ADK A51
-   AKG D112 (2)
-   AKG 414 (2) Matched Stereo Pair
-       AKG 451 Condenser (2)
-   Audio Technica 4033a
-   Audio Technica 4050
-   Gefell M930 (2) Matched Stereo Pair
-   Shure SM57 (4)
-   Shure SM58 (2)
-   Shure SM81 (2)
-   Sennheiser MD-421 (6)
-   Sennheiser MD-441
-   Rhode Classic II Tube Micophone
-   Neumann TLM 147 Tube Micophone
-   Yamaha Sub-Kick

https://i.imgur.com/UZzBuBk.png

Musical Equipment
-   Marshal JCM 800
-   Marshal JCM 900
-   Pearl Masters Custom 6-Piece Drum Set
-   Kurzwel 88-Key Digital Piano
-   M-Audio 88-Key controller
-   Takamine Accoustic
-   Many More… …

https://i.imgur.com/VUwPUn5.png

List of Services

-   Mixing & Mastering
-   EP Live Recordings
-   Full Album Production
-   Voiceover & audio book
-   Synchronization to Video
-   Foley Recording
-   Composition & Arrangements
-   Audio Optimization and restoration
-   CD and DVD duplication

Client List and Credits
Note: clients are not affiliated with RhinoCoin nor do they represent or own any RhinoCoin but have used the studio’s services in the past.

-   The Brains
-   The Planet Smashers
-   Ellie Goulding
-   Kesha
-   The Mahones
-   Billboard “The Producer”
-   The Rip Chords
-   Jon Lajoie
-   The Rising Few
-   Mitch Joel

RHINO COIN ICO

One hundred percent of the profits of the Rhino Recording Studio and Record Label will be paid in equal portion to all respective RhinoCoin holders.  This option to pay the dividend in RhinoCoin will aggregate the studio profits into buying power increasing the value, stability and longevity of your RhinoCoins.  All profits generated by Rhino Recording including but not limited to productions, works, recordings, bookings and rentals will be converted to BTC and then RhinoCoin which will be paid as a dividend on the 1st of each month.

The goal of RhinoCoin is to create a Decentralized Record Label, driven and backed by a community where Artists that can thrive, be developed and release projects funded by the RhinoCoin Holders where all proceeds will go back to the community.  

The Community will decide which projects and or artists to develop fund and release.  The community will also be able to use the services to help promote the longevity and future goals of RhinoCoin holders.

As part of the ICO to guarantee payouts and longevity of RhinoCoin all operating costs, staff, rent, electricity, Internet and business taxes have been paid for a period of one year starting August 1st 2014 and ending July 31st 2015.  During this period the Rhino Recording Studio and Record Label will operate cost free as a true non-profit and 100% of gross income will be paid to the respective coin holders.  

As part of the launch of the RhinoCoinICO we have successfully already made a partnership with “The Brains” and “Paris & Simo” both already successful working artists who will donate some of their new works to the RhinoCoin Community.

The Brains
Take What I Want - https://www.youtube.com/watch?v=CxfxO8QzKxk
Misery - https://www.youtube.com/watch?v=Yr3wKkebrN8

Paris N Simo
Escape - https://www.youtube.com/watch?v=8fGn_nXX7Uw
Work Hard, Play Hard Remix - https://www.youtube.com/watch?v=uIr8IGV5KeM
Nova - https://www.youtube.com/watch?v=LYkFSkuLtfo

Rhino Coin MultiPool – rhinocoin.org/pool

Even though you can’t mine RhinoCoin directly as a miner you will be able to mine on our RhinoCoin profit switching multipool.  Miners will mine other profitable alt-coins and all proceeds will go towards the purchase of RhinoCoin.  Payouts to miners will be received in RhinoCoin.  

This pool will have 0% mining fee.

The Dividend

The dividend is calculated and paid on the 1st of the month.  In order to receive your RhinoCoin dividend you must enter a valid RhinoCoin address on rhinocoin.org/dividend where dividend payments will be processed and tracked.  The confirmed balance of each RhinoCoin address, as of 12:00am UTC will be used for dividend calculation.  Paying out the dividend to the registered RhinoCoin Addresses will eliminate payouts to exchanges, casinos, or unique transaction address, keeping the dividend payout within the investor community.  Each address will receive its respective share of the Monthly Profits generated by the Rhino Recording Studio and Record Label paid out in RhinoCoin.  All dividend payments will be public as will the total dividend payout.

Payment Options

Rhino Coin holders will first receive their dividend in RhinoCoin paid to their respective RhinoCoin wallet address.  We are working on options to be paid out in BTC, which we will have the community vote on.

Voting Process

After the IPO www.rhinocoin.org will integrate a voting page where the community will be able to vote on a variety of topics, from monthly sponsored artist to the record label’s structure, management and/or marketing strategy.

Online Store

RhinoCoin.org will feature an online store where artists will be able to sell their music or productions for XRC or BTC.  RhinoCoin Records will look to form partnerships and/or licensing agreements with other music labels, allowing users logged into rhinocoin.org, to listen to a song or watch a video for a small fee (example: 100 satoshis).  This fee, which is nominal to the user, will be significant when all plays summed together.  This will ensure the content (music or video) remains free of 3rd party advertisement while rewarding the community and content creator at the same time.   RhinoCoin.org will be the new place for artist to feature and showcase their music or videos, reap benefits while eliminating annoying ads on many other sites.  All proceeds will be added to the dividend.

VISIT WWW.RHINOCOIN.ORG

https://i.imgur.com/foAbLVt.png

XRC - Business Plan https://drive.google.com/file/d/0B9P9N0HGmUujUVpuVVhVakN0R2s/edit?usp=sharing

XRC - Intro & Studio Tour https://www.youtube.com/watch?v=AaBsf1QLRM4

ICO

Algorithm:  100% Proof of Stake with dividend
Total Rhino Coins:  20,000,000 RhinoCoin - XRC
Dividend:  Paid Monthly
Stake Interest: 1% Annual

ICO Pricing & Duration

ICO will launch midnight July 5th 2014 EDT ( 4am UTC)
ICO will end midnight August 8th 2014 EDT

RhinoCoin offered at 10 000 Rhino per BTC  (1 XRC = 0.0001000 btc)

Week 1-2 Incentive – 20% RhinoCoin XRC Bonus   (1XRC = 0.00008333 btc)
Week 3 Incentive – 10% RhinoCoin XRC Bonus   (1XRC = 0.00009091 btc)

DOWNLOAD WALLETS

https://i.imgur.com/JEvuf2y.png

https://i.imgur.com/vyJ6URg.png

Code:

addnode=104.131.246.131
addnode=188.226.140.17
addnode=128.199.161.160

http://cryptoasian.com/wp-content/uploads/2014/07/PODtopbanner.jpg

GitHub: https://github.com/RhinoCoinXRC/RhinoCoin
Feel free to email any questions or comments to rhinocoinipo@gmail.com

Follow us on Twitter @RhinoCoinXRC

[1715559902]

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[1715559902]

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[n0gard]

sounds good

[Lovethecoins]

COUNT ME IN!!!!! This is a fucking awesome idea!!!!!


I will be back here July 5th!!!

[IMJim]

Sounds awesome!

[kihasher]

Who can tell me what it is?
Is a coin or other thing?

[RhinoCoin]

It is a crypto-currency "coin" backed by a Recording Studio and Record Label

Welcome to the Future of The Music Business 

Thanks for your interest

[colordrawing002]

wow,interesting idea.

[neiq]

Complete newbie when it come to per-launch... So do we just download software and wait for launch or should we let it synchronize ?

[impulsecorp]

I love the idea for your cryptocurrency, but don't you worry about trademark problems with Rhino Entertainment/Records (http://www.rhino.com) or http://www.rhinorecords.cc/ or even regional stores with that name like http://rhinonewpaltz.com and http://www.yelp.com/biz/rhino-records-claremont ?  Rhino.com is a huge brand in the music business Worldwide so starting a company that does the same exact thing as them seems risky. Have you looked into this?

[Lovethecoins]

It is a crypto-currency "coin" backed by a Recording Studio and Record Label

Welcome to the Future of The Music Business 

Thanks for your interest

I agree this could be the next big thing in music.. So excited I can't wait till the 5th!!!

[RhinoCoin]

Thanks for your support and we understand your concern.  We have been operating as Rhino Recording for the past ten years without incident.  At that time the RhinoRecords based out of the UK you are talking about was not operational and was more recently dissolved and rebranded in 2006.  I do not see a problem with the name RhinoCoin or RhinoCoin Recording/Records but if it should pose legal problems in the future we could definitely put the project re-branding to a vote.

Your feedback is much appreciated

[Pizpie]

I heard about this idea a little while ago.
The people working on it was mentioned here: https://www.youtube.com/watch?v=zIxivcIXF-g&list=UU5ZT3BiCar13f7DDQf7K__w
Not sure if its the same people, but it's exactly the same thing, so I'd assume it was.

[szg503]

Why wallet in getblock 50000, instead of starting from zero it

[a7594li]

great,We are just waiting for?

[provenceday]

so about 2000BTC will be raised through ipo?

[Lovethecoins]

great,We are just waiting for?

Just looks like a pre-ann for IPO so it is completely fair... I like the sounds of it thanks for the weeks notice!

[Lovethecoins]

so about 2000BTC will be raised through ipo?

Disount IPO remember... I'm not sure but 2000btc is quite low in my eyes great for early investors!

The more I read it I have no doubt the IPO will sell out first week

[vindyne8]

Very intriguing.

[LemonAndFries]

so about 2000BTC will be raised through ipo?

Disount IPO remember... I'm not sure but 2000btc is quite low in my eyes great for early investors!

The more I read it I have no doubt the IPO will sell out first week

LOL

lets make it 1000000000 BTC!

[rugrats]

Questions.

(i) Can you present the ownership details of the company?
(ii) Are you the owner of the company?
(iii) Will the dividends be based on gross or net earnings?
(iv) Will the earnings (as well as operational costs) be vetted by an independent auditor each payment cycle?
(v) Are you able to furnish annual (even quarterly) financial information for the last year or more, along with balance sheets, income statements and cash flows (all notarized)?
(vi) Will IPO holders have a say in operational matters (capex, hiring, wages, costs, etc.)?
(vii) Will you prepare legal documents that prevents you from disposing/selling the business after the IPO?

This is a very novel concept - one that I am prepared to participate.
However, the I think it is only fair that you lay your cards out on the table.
After all, it is not difficult to take photographs of some random studio.

so about 2000BTC will be raised through ipo?

Disount IPO remember... I'm not sure but 2000btc is quite low in my eyes great for early investors!

The more I read it I have no doubt the IPO will sell out first week

For $1.1 million (2,000BTC), you can set up a brand new, state of the art recording studio. It is a fair comment, I believe.

[robinf]

I like music!!! I'm in...

[robinf]

Questions.

(i) Can you present the ownership details of the company?
(ii) Are you the owner of the company?
(iii) Will the dividends be based on gross or net earnings?
(iv) Will the earnings (as well as operational costs) be vetted by an independent auditor each payment cycle?
(v) Are you able to furnish annual (even quarterly) financial information for the last year or more, along with balance sheets, income statements and cash flows (all notarized)?
(vi) Will IPO holders have a say in operational matters (capex, hiring, wages, costs, etc.)?
(vii) Will you prepare legal documents that prevents you from disposing/selling the business after the IPO?

This is a very novel concept - one that I am prepared to participate.
However, the I think it is only fair that you lay your cards out on the table.
After all, it is not difficult to take photographs of some random studio.

so about 2000BTC will be raised through ipo?

Disount IPO remember... I'm not sure but 2000btc is quite low in my eyes great for early investors!

The more I read it I have no doubt the IPO will sell out first week

For $1.1 million (2,000BTC), you can set up a brand new, state of the art recording studio. It is a fair comment, I believe.

I also have these questions, we need to know more information.

[RhinoCoin]

Questions.

(i) Can you present the ownership details of the company?
(ii) Are you the owner of the company?
(iii) Will the dividends be based on gross or net earnings?
(iv) Will the earnings (as well as operational costs) be vetted by an independent auditor each payment cycle?
(v) Are you able to furnish annual (even quarterly) financial information for the last year or more, along with balance sheets, income statements and cash flows (all notarized)?
(vi) Will IPO holders have a say in operational matters (capex, hiring, wages, costs, etc.)?
(vii) Will you prepare legal documents that prevents you from disposing/selling the business after the IPO?

This is a very novel concept - one that I am prepared to participate.
However, the I think it is only fair that you lay your cards out on the table.
After all, it is not difficult to take photographs of some random studio.

1- The RhinoCoin Label & Studio will be owned by the community of RhinoCoin holders.

2- On august 1st 2014 all assets and ownership will be transferred to a Trust Company "The RhinoCoin Trust" the beneficiaries of which will be the holders of RhinoCoin and/or associated RhinoCoin addresses.  Any additional details would have to be answered by our lawyer

3- As detailed in the outline the dividends will be the Gross earnings for a period of one year.

4- Yes that is completely possible and probably a good idea but will incur some additional business costs unless some creative solutions are presented.  The RhinoCoin website and twitter feed @RhinoCoinXRC will keep the community up to date with current studio clients and projects.

5- The studio is in a 2,500 Sq.Ft space located completely renovated and sound proofed, with multiple recording spaces, isolation booths and mixing spaces tailored for a wide range of applications.  The equipment list is extensive and state of the art, the studio has been in operation for ten years and has varied client list.  I cannot disclose financial history but I can say that the business and assets are owned outright and does not have any outstanding debts or loans and all assets, rights and ownership will be transferred to The RhinoCoin Trust

6-  As detailed in the outline yes, RhinoCoin holders will have say in the business operation, the signing of artists, label/studio management and promotions and any other aspects that the community feels important.  We felt to simplify matters all operational costs will be covered for a period of 1 year.  This will permit the community to grow and prosper without any financial obligations or concerns

7-  As I have mentioned the RhinoCoin Trust will be created and all associated documentation will be available to the community.

As you mentioned this is a novel concept :-) and we embrace all new suggestions and feedback.  We have been in the music business our entire lives and have also come to appreciate the amazing possibilities with crypto currencies and decentralized organizations.

[sonysasankan]

I'm assuming there is going to be an escrow?

[coins4meh]

Is this forum being translated?

[CryptoCamel]

looks interesting...although if I were to buy a company or shares in a company, financial history (turnover, overheads etc) is essential information and quite normal for it to be provided.

https://bitcointalk.org/index.php?topic=584664.0 Ultimate Altcoin daytraders spreadsheet

[maccaspacca]

Nice concept

Will be keeping an eye on this one.

Maybe a couple of endorsements from respected cryptocurrency community members and a check of your code by an independent crypto dev would also help.

Would be even more interesting for IPO to be hosted by a respected exchange e.g. Poloniex - which has good IPO guidelines

[Philly]

looks interesting...although if I were to buy a company or shares in a company, financial history (turnover, overheads etc) is essential information and quite normal for it to be provided.

https://bitcointalk.org/index.php?topic=584664.0 Ultimate Altcoin daytraders spreadsheet

This. No transparency.

[maccaspacca]

A few of questions...

Do you own the building that you are in?
Does the company have any significant debts / leases?
Do you own all the assets you mention in the pre-ann?

[smallbear]

IPO started? 

[RhinoCoin]

A few of questions...

Do you own the building that you are in?
Does the company have any significant debts / leases?
Do you own all the assets you mention in the pre-ann?

We currently have a yearly renewable lease which has been in effect since 2004.

The Recording studio and/or Label does not have any debts or liabilities

All the assets mentioned in the pre-ann are owned outright. There are no loans or leans on any of the equipment or assets.

The assets listed in the pre-announcement are just a partial equipment list, listing most of the gear and instruments.  A fully detailed asset list will be available in the future.

[maccaspacca]

A few of questions...

Do you own the building that you are in?
Does the company have any significant debts / leases?
Do you own all the assets you mention in the pre-ann?

We currently have a yearly renewable lease which has been in effect since 2004.

The Recording studio and/or Label does not have any debts or liabilities

All the assets mentioned in the pre-ann are owned outright. There are no loans or leans on any of the equipment or assets.

The assets listed in the pre-announcement are just a partial equipment list, listing most of the gear and instruments.  A fully detailed asset list will be available in the future.

Looking better, look forward to following this up to the IPO launch

[Bitarama]

Seems like a cool idea!

[Lovethecoins]

Questions.

(i) Can you present the ownership details of the company?
(ii) Are you the owner of the company?
(iii) Will the dividends be based on gross or net earnings?
(iv) Will the earnings (as well as operational costs) be vetted by an independent auditor each payment cycle?
(v) Are you able to furnish annual (even quarterly) financial information for the last year or more, along with balance sheets, income statements and cash flows (all notarized)?
(vi) Will IPO holders have a say in operational matters (capex, hiring, wages, costs, etc.)?
(vii) Will you prepare legal documents that prevents you from disposing/selling the business after the IPO?

This is a very novel concept - one that I am prepared to participate.
However, the I think it is only fair that you lay your cards out on the table.
After all, it is not difficult to take photographs of some random studio.

1- The RhinoCoin Label & Studio will be owned by the community of RhinoCoin holders.

2- On august 1st 2014 all assets and ownership will be transferred to a Trust Company "The RhinoCoin Trust" the beneficiaries of which will be the holders of RhinoCoin and/or associated RhinoCoin addresses.  Any additional details would have to be answered by our lawyer

3- As detailed in the outline the dividends will be the Gross earnings for a period of one year.

4- Yes that is completely possible and probably a good idea but will incur some additional business costs unless some creative solutions are presented.  The RhinoCoin website and twitter feed @RhinoCoinXRC will keep the community up to date with current studio clients and projects.

5- The studio is in a 2,500 Sq.Ft space located completely renovated and sound proofed, with multiple recording spaces, isolation booths and mixing spaces tailored for a wide range of applications.  The equipment list is extensive and state of the art, the studio has been in operation for ten years and has varied client list.  I cannot disclose financial history but I can say that the business and assets are owned outright and does not have any outstanding debts or loans and all assets, rights and ownership will be transferred to The RhinoCoin Trust

6-  As detailed in the outline yes, RhinoCoin holders will have say in the business operation, the signing of artists, label/studio management and promotions and any other aspects that the community feels important.  We felt to simplify matters all operational costs will be covered for a period of 1 year.  This will permit the community to grow and prosper without any financial obligations or concerns

7-  As I have mentioned the RhinoCoin Trust will be created and all associated documentation will be available to the community.

As you mentioned this is a novel concept :-) and we embrace all new suggestions and feedback.  We have been in the music business our entire lives and have also come to appreciate the amazing possibilities with crypto currencies and decentralized organizations.

Awesome Thank you,

This should be fun

[cryptobanks]

Why not launch this on NXT Asset Exchange?  It would require 10x less work and still accomplish the same goal.

[zhanlang13]

so about 2000BTC will be raised through ipo?

oh,Im out..

[RhinoCoin]

Is this forum being translated?

As of current the post is only in English, what do you suggest ?

[Lovethecoins]

so about 2000BTC will be raised through ipo?

oh,Im out..

There are 31 coins worth more and this coin is actually backed by something... I don't see the problem here I love it

[Cryptofunkster]

Amazing idea!  Finally, something new in the Music Industry!

[Nutzfleisch]

I´m in if you offer escrow service  or kind like that

[2517313245]

looks nice, the detail of plan is believable

[Equate]

Why no escrow for the IPO ?

[RhinoCoin]

so about 2000BTC will be raised through ipo?

oh,Im out..

There are 31 coins worth more and this coin is actually backed by something... I don't see the problem here I love it

Thanks for your support Lovethecoins, we thought it would definitely be interesting building a crypto community around a legitimate business model, the fact that it is in the music business is an added bonus :-)

What we are presenting is a turn-key business start up based around a crypto community.  Musicians and artists around the world have struggled to gain access to the necessary resources to successfully fund, release and promote their works.  The music industry is currently controlled by a few major players often stifling talent and/or controlling which artists get promoted.  Talent is viewed as a commodity that must produce a product that can easily be marketed with the current trend. 

Legally binding contracts often define the obligations and limitations to artists ensuring maximum profits to the label. Great talent often remains anonymous or will never reach its true potential due to the profit oriented motives of the major labels burdened by extremely high operational costs.  In the current business model major players in the music industry use contract manipulation to control and profit from their artists.

The music industry has been searching for and is in need of a change.  RhinoCoin - A Decentralized Record Label, is a new and unique approach of creating, producing and releasing music while rewarding the artists and the community.  The RhinoCoin Label and Community is way to give the artistic control back to the people and let the true talent rise to the top.

[RhinoCoin]

Why no escrow for the IPO ?

I am not sure what problem the escrow is attempting to solve.  For this project and community to succeed it will require the trust and cooperation on all sides, as do most other crypto currencies; investors, operators, developers and artists will have to build relationships based on trust, mutual reward and/or benefit backed by a cryptographic means of exchange and consensus.

We have every intention on following threw with all aspects outlined in the pre-announcement and plan on running a fully transparent IPO.  The launch is currently handled via the blockchain.info api and will provide a detailed investor breakdown list upon request, which could also be verified against the blockchain.  We feel that our IPO procedure is completely fair and secure.

Your suggestions and/or feedback is appreciated and welcomed, we are in this to revolutionize the music industry together.

Richard
RhinoCoin Founder
www.rhinocoin.org

[LemonAndFries]

offer escrow or this will just be flagged as another scam

[ShitCoins-B-Gone]

looks interesting...although if I were to buy a company or shares in a company, financial history (turnover, overheads etc) is essential information and quite normal for it to be provided.

https://bitcointalk.org/index.php?topic=584664.0 Ultimate Altcoin daytraders spreadsheet

It is an interesting concept, but what you say is correct. Not only is this essential information normally released, in this case I believe they are skirting around some very nasty federal laws in at least the US. They are basically proposing to sell unregulated stocks.

Interested to see what happens, but my BTC will be staying in the wallet on this one.

[Lovethecoins]

offer escrow or this will just be flagged as another scam

What exactly are you guys looking for?

Do we want a third party holding all the funds?

Adding more and more costs before we even start

Not trying to start anything just curious I love it!!  I want 2 understand what everyone is so worried about... there is crypto being created everyday with absolutely no backing and yet it gets tons of investors... This should really be a no brainer

[rh1n0]

Nice! This could be epic.

[notsofast]

This is a fantastic idea-- one of the best niche-focused, targeted uses of cryptocurrency as a recurring source of community involvement that the crypto world has seen yet. I have a feeling it's going to succeed wildly.

[notsofast]

looks interesting...although if I were to buy a company or shares in a company, financial history (turnover, overheads etc) is essential information and quite normal for it to be provided.

https://bitcointalk.org/index.php?topic=584664.0 Ultimate Altcoin daytraders spreadsheet

It is an interesting concept, but what you say is correct. Not only is this essential information normally released, in this case I believe they are skirting around some very nasty federal laws in at least the US. They are basically proposing to sell unregulated stocks.

Interested to see what happens, but my BTC will be staying in the wallet on this one.

This is kind of a no-brainer. This isn't a shitcoin released on vapour-promises for a quick pump-and-dump. This is a niche offering to crowdfund ongoing equity investment with a recording studio in Montreal. If you were asked to buy equity in a similar venture using fiat-- and you probably wouldn't since you're concerned with US federal law risks with regard to foreign investment-- then obviously you wouldn't give it a second thought.

Stop comparing this to shares in a company and start comparing it to indiegogo, Kickstarter, etc. Initiatives on those sites aren't bound to deliver on their backer rewards, and that's the inherent risk you take supporting something you believe in. For certain types of crowdsourcing funding, the fundee receives the funds no matter how much of their target was pledged, and from that point on, they're free to do what they will, even if that includes wasting it and saying they tried. It's up to you to vet your investment in those cases, as it is with Rhinocoin, and decide for yourself if it's worth it to you to essentially donate to their cause and maybe receive equity returns.

[impulsecorp]

The difference is that as far as I know, companies sites like Indiegogo and Kickstarter are not allowed to pay out rewards/dividends that are a percentage of the profit from the venture due to SEC laws.

[Lovethecoins]

looks interesting...although if I were to buy a company or shares in a company, financial history (turnover, overheads etc) is essential information and quite normal for it to be provided.

https://bitcointalk.org/index.php?topic=584664.0 Ultimate Altcoin daytraders spreadsheet

It is an interesting concept, but what you say is correct. Not only is this essential information normally released, in this case I believe they are skirting around some very nasty federal laws in at least the US. They are basically proposing to sell unregulated stocks.

Interested to see what happens, but my BTC will be staying in the wallet on this one.

This is kind of a no-brainer. This isn't a shitcoin released on vapour-promises for a quick pump-and-dump. This is a niche offering to crowdfund ongoing equity investment with a recording studio in Montreal. If you were asked to buy equity in a similar venture using fiat-- and you probably wouldn't since you're concerned with US federal law risks with regard to foreign investment-- then obviously you wouldn't give it a second thought.

Stop comparing this to shares in a company and start comparing it to indiegogo, Kickstarter, etc. Initiatives on those sites aren't bound to deliver on their backer rewards, and that's the inherent risk you take supporting something you believe in. For certain types of crowdsourcing funding, the fundee receives the funds no matter how much of their target was pledged, and from that point on, they're free to do what they will, even if that includes wasting it and saying they tried. It's up to you to vet your investment in those cases, as it is with Rhinocoin, and decide for yourself if it's worth it to you to essentially donate to their cause and maybe receive equity returns.

I am expecting this 2 be quite until after July 5th   Once everyone is locked and loaded watch the enthusiasm!!

[djaliel]

good idea, still waiting to go, 

[Vlad2Vlad]

This is seriously the next level of Cryptos.  Adding Counterparty Features (in future updates) you can even do on block contracts, escrow, etc. 

So this coin is actually incorporating an actual business plan.  Real life revenue streams and cash flows.  Imagine that. lol, a coin with an actual plan.  A coin-stock hybrid:  CryptoStock.

This is the type of coin, that if it succeeds, can seriously get listed on a real stock exchange like Nasdaq.  I think that's where top Alts, with cash-flows, will end up in 2-3 years.

Limited max cap of only 20 million coins is a huge bonus and the IPO seems fairly prices given the limited dilution and the business potential.


Reserved...

[impulsecorp]

Vlad2Vlad - Yes, it is very similar to a real IPO on a real stock exchange. That is why, in the SEC's opinion, it would probably be illegal in the USA. The IPO is not so much about RhinoCoin, but about raising money for the company. RhinoCoin itself is not what people want, they are buying "profit shares" of the company. The fact that these profits are paid out only in RhinoCoin, not fiat currency (or even BTC) is the part of the law that has not been fully tested yet.

Other than that issue, on the surface at least this IPO looks 100 times better than almost all the other amateur or scammy looking IPOs that populate the cryptocurrency landscape.

As for getting listed on Nasdaq though, that is unlikely. A recent study said "Nearly 90 percent of the CFOs surveyed said their firms spent more than $1 million on one-time costs associated with the transaction. " And, another study said operating as a public company adds about $2.5 million, on average, to a company’s cost structure, with $1.5 million of that devoted to higher compensation for CEOs, CFOs, and others in the finance function, such as investor-relations professionals. That figure also covers increased board costs, as more than 80% of companies had either added new members to their boards or increased director compensation prior to their IPO.

That study includes companies with revenues as high as $4 billion, so of course Rhino would have a lot less expenses. But, it could easily cost them $500,000 for a real IPO, and another $500,000 year in extra expenses once they are public. Once they are public, I don't think they could have both the stock and the coin though, partially because that would be complicated, but mainly because there is no way it would ever comply with SEC laws. It is one thing to ignore the SEC and hope they don't notice you are care about what you are doing, but when you file for an IPO they scrutinize every little detail.

- Eric

[Vlad2Vlad]

Impulse,

I think you're right.  I think Eric Voorhees had to pay some SEC fine recently for selling some IPO shares which were not approved by the SEC.

Interesting dilemma.  I wonder if they'd bother with a small unknown.

[LemonAndFries]

offer escrow or this will just be flagged as another scam

What exactly are you guys looking for?

Do we want a third party holding all the funds?

Adding more and more costs before we even start

Not trying to start anything just curious I love it!!  I want 2 understand what everyone is so worried about... there is crypto being created everyday with absolutely no backing and yet it gets tons of investors... This should really be a no brainer

Why not?

If it's really legitimate then they should offer a trusted escrow.

They release the promised product and escrow releases the funds.

Everyone wins.

Unless of course they are trying to scam people which it seems like.

Newbie accounts posting here in support + no escrow + some kind of obscure indie label =  SCAM

sorry, try again.

[notsofast]

Impulse,

I think you're right.  I think Eric Voorhees had to pay some SEC fine recently for selling some IPO shares which were not approved by the SEC.

Interesting dilemma.  I wonder if they'd bother with a small unknown.

Moot point - Rhino recording studios is a Canadian company. The SEC has no jurisdiction in Montreal. It's like you think they're a world organization or something. They are not.

The scale is probably too small for the QSC (or whatever the provincial regulator is called) to bother with, yes, and even if they tried, I'm sure they'd get quelled by proponents of arts support.

But like I said, to treat this like a standard IPO and lump an indie record studio in with $4bn annual revenue companies implies a failure to understand the whole nature of the endeavour.

[mazuma]

WOW, first of all , You guys have a NEWBIE making an account requesting an IPO for such an "elaborate plan". No identity given, no personal information just a concept of this idea. 2nd a lot of 1 post newbz claiming interesting makes it even more suspicious. 3rd He doesnt want to use escrow.

This is funny as hell.

[impulsecorp]

notsofast - I agree because it is in Canada it is not subject to SEC regulations, but it still could get in trouble with the CSA, which is the Canadian version of the SEC . Canada does have its own stock market and has similar laws about this sort of thing. Rhino is not a fortune 500 company, but it is probably in the top 99% of crytostock/altcoin type IPOs in terms of size, so that does put it on the radar. Since unlike many cryptocurrency IPOs, they are not running anything shady or possibly illegal (gambling, loans, pot, porn, etc.), they are much less likely to get in trouble, but it is still something investors should be aware of, because many people outside the USA and Canada aren't familiar with securities laws and have no idea that area is a risk.  

Overall I like what they are doing, and would do something similar myself if I could, but I live in the USA so it is too risky for me.

- Eric

[RhinoCoin]

offer escrow or this will just be flagged as another scam

What exactly are you guys looking for?

Do we want a third party holding all the funds?

Adding more and more costs before we even start

Not trying to start anything just curious I love it!!  I want 2 understand what everyone is so worried about... there is crypto being created everyday with absolutely no backing and yet it gets tons of investors... This should really be a no brainer

Why not?

If it's really legitimate then they should offer a trusted escrow.

They release the promised product and escrow releases the funds.

Everyone wins.

Unless of course they are trying to scam people which it seems like.

Newbie accounts posting here in support + no escrow + some kind of obscure indie label =  SCAM

sorry, try again.

This is definitely not a scam.  It's unfortunate, but with so many newly released atlcoins I am not surprised you feel this way.   If you go to  www.rhinocoin.org you can see the team behind the project, we are all real people.  The newbie account on bitcointalk was created so RhinoCoin would have it's own private account, as the community grows this will be important.

We have put a lot of time, effort and thought into this project.  I am unfamiliar with a "legitimate" bitcoin escrow service.  Instead of criticizing a project with a genuine goal trying to revolutionize the crypto space any detailed suggestions and/or solutions to the problems you see with the project will definitely be discussed and considered.  

RhinoCoin something new in the crypto world but it's also a modern approach at the music industry, giving the power back to people.  I see RhinoCoin XRC kick starting a new area of cryptos backed by tangible assets, real world products and sales while at the same time rewarding it's community and changing the space it is centered around.

Richard

[LemonAndFries]

offer escrow or this will just be flagged as another scam

What exactly are you guys looking for?

Do we want a third party holding all the funds?

Adding more and more costs before we even start

Not trying to start anything just curious I love it!!  I want 2 understand what everyone is so worried about... there is crypto being created everyday with absolutely no backing and yet it gets tons of investors... This should really be a no brainer

Why not?

If it's really legitimate then they should offer a trusted escrow.

They release the promised product and escrow releases the funds.

Everyone wins.

Unless of course they are trying to scam people which it seems like.

Newbie accounts posting here in support + no escrow + some kind of obscure indie label =  SCAM

sorry, try again.

This is definitely not a scam.  It's unfortunate, but with so many newly released atlcoins I am not surprised you feel this way.   If you go to  www.rhinocoin.org you can see the team behind the project, we are all real people.  The newbie account on bitcointalk was created so RhinoCoin would have it's own private account, as the community grows this will be important.

We have put a lot of time, effort and thought into this project.  I am unfamiliar with a "legitimate" bitcoin escrow service.  Instead of criticizing a project with a genuine goal trying to revolutionize the crypto space any detailed suggestions and/or solutions to the problems you see with the project will definitely be discussed and considered.  

RhinoCoin something new in the crypto world but it's also a modern approach at the music industry, giving the power back to people.  I see RhinoCoin XRC kick starting a new area of cryptos backed by tangible assets, real world products and sales while at the same time rewarding it's community and changing the space it is centered around.

Richard

so why not offer escrow if it's so legitimate?

I went to the site, it's very basic.

Anyone with a simple web editor can put that up, even the host of the site offers tools for such basic templates

fail, try again

[mazuma]

"Richard" your not the first one creating a crypto backed by "tangible" assets.

[RhinoCoin]

so why not offer escrow if it's so legitimate?

I went to the site, it's very basic.

Anyone with a simple web editor can put that up, even the host of the site offers tools for such basic templates

fail, try again

So if our website for the launch was more "complex" it would convince you :-)

You still have not provided any detailed solution to concerns.  The fact that you had not yet visited the website, means you probably didn't read the entire post.

Vlad2Vlad - Yes, it is very similar to a real IPO on a real stock exchange. That is why, in the SEC's opinion, it would probably be illegal in the USA. The IPO is not so much about RhinoCoin, but about raising money for the company. RhinoCoin itself is not what people want, they are buying "profit shares" of the company. The fact that these profits are paid out only in RhinoCoin, not fiat currency (or even BTC) is the part of the law that has not been fully tested yet.

Other than that issue, on the surface at least this IPO looks 100 times better than almost all the other amateur or scammy looking IPOs that populate the cryptocurrency landscape.

As for getting listed on Nasdaq though, that is unlikely. A recent study said "Nearly 90 percent of the CFOs surveyed said their firms spent more than $1 million on one-time costs associated with the transaction. " And, another study said operating as a public company adds about $2.5 million, on average, to a company’s cost structure, with $1.5 million of that devoted to higher compensation for CEOs, CFOs, and others in the finance function, such as investor-relations professionals. That figure also covers increased board costs, as more than 80% of companies had either added new members to their boards or increased director compensation prior to their IPO.

That study includes companies with revenues as high as $4 billion, so of course Rhino would have a lot less expenses. But, it could easily cost them $500,000 for a real IPO, and another $500,000 year in extra expenses once they are public. Once they are public, I don't think they could have both the stock and the coin though, partially because that would be complicated, but mainly because there is no way it would ever comply with SEC laws. It is one thing to ignore the SEC and hope they don't notice you are care about what you are doing, but when you file for an IPO they scrutinize every little detail.

- Eric

RhinoCoin XRC are not tradition stocks or shares as defined by the SEC.  Each RhinoCoin XRC will become a beneficiary of The RhinoCoin Trust which will own all assets, rights, derived profits etc...  This allows individuals to purchase RhinoCoin, with no barriers to entry.  Investors will have the choice to take part in the RhinoCoin Label's development and will be rewarded based on the RhinoCoin's Label the contributions within the music industry.

[impulsecorp]

RhinoCoin is not a traditional share/stock, but in your offering page you say:
"One hundred percent of the profits of the Rhino Recording Studio and Record Label will be paid in equal portion to all respective RhinoCoin holders."
So, although there may be other benefits to RhinoCoin (being part of the community and other rewards), the main reason people would buy the IPO is for the profit sharing (via dividends), which is the same exact structure as most other cryptostocks, and the SEC has already taken a stand against that. Since you are in Canada, the SEC does not really matter, but the Canadian version of the SEC could easily come out against it also. There is certainly little likelihood they will ever openly support it.

- Eric

[RhinoCoin]

"Richard" your not the first one creating a crypto backed by "tangible" assets.

I am aware there are other cryptos backed by assets.  RhinoCoin XRC is not only backed by assets as stated, but will release products, have sales and residual income.   The RhinoCoin Label will sign and sponsor many musicians and artists who will also be working for the Rhino community.  As the RhinoCoin Music Network grows and continues to release products this will add a residual revenue stream on top of the existing business model and applications.  The end goal is to create a community where investors and musicians can work together and thrive based on a mutually beneficial relationship.  I welcome any discussion and suggestions that will help ensure RhinoCoin as a driving force in the music industry.

Richad

[impulsecorp]

I should add that the entire point of registering with the SEC (and Canadian version) is to prevent skeptics (like mazuma) from doubting you, because having an SEC registration means everything has been checked thoroughly by the government. Audited financials, escrow, background checks, etc.  I know it is not practical for you to file a registration, but my point is that all the problems you are having are the same problems any unregistered offering would have. Maybe like how the US government recently passed crowdfunding laws (allowing them), at some point there will be special exemptions for cryptocurrency IPOs where as long as you file a very basic registration, and the IPO is for small dollar amount, and certain maintenance rules are met, any company will be allowed to do one.

The info Rhino has provided is much better than 99% of the other offerings, but without any regulation investors will be skeptical no matter what.

[Lovethecoins]

I doubt this is the last updates before the IPO... I also think the skeptics are only here because they seen maidsafe IPO and they don`t wanna miss this one..... I`ve been in crypto for a while and I have seen hundreds of coins make money.... This coin will be Top 10 within a month I have no doubt!!!!!  I don`t hold bags


I will be buying 20btc worth July 5th thank you have a good day

[dload.1]

WOW, first of all , You guys have a NEWBIE making an account requesting an IPO for such an "elaborate plan". No identity given, no personal information just a concept of this idea. 2nd a lot of 1 post newbz claiming interesting makes it even more suspicious. 3rd He doesnt want to use escrow.

This is funny as hell.

i agree no escrow for that amount of btc is crazy. this looks alot like a scam to me also

[DirtyDutch]

WOW, first of all , You guys have a NEWBIE making an account requesting an IPO for such an "elaborate plan". No identity given, no personal information just a concept of this idea. 2nd a lot of 1 post newbz claiming interesting makes it even more suspicious. 3rd He doesnt want to use escrow.

This is funny as hell.

i agree no escrow for that amount of btc is crazy. this looks alot like a scam to me also

2000 BTC IPO..    What a fucking joke..

[hellscabane]

looks interesting...although if I were to buy a company or shares in a company, financial history (turnover, overheads etc) is essential information and quite normal for it to be provided.

https://bitcointalk.org/index.php?topic=584664.0 Ultimate Altcoin daytraders spreadsheet

It is an interesting concept, but what you say is correct. Not only is this essential information normally released, in this case I believe they are skirting around some very nasty federal laws in at least the US. They are basically proposing to sell unregulated stocks.

Interested to see what happens, but my BTC will be staying in the wallet on this one.

This is kind of a no-brainer. This isn't a shitcoin released on vapour-promises for a quick pump-and-dump. This is a niche offering to crowdfund ongoing equity investment with a recording studio in Montreal. If you were asked to buy equity in a similar venture using fiat-- and you probably wouldn't since you're concerned with US federal law risks with regard to foreign investment-- then obviously you wouldn't give it a second thought.

Stop comparing this to shares in a company and start comparing it to indiegogo, Kickstarter, etc. Initiatives on those sites aren't bound to deliver on their backer rewards, and that's the inherent risk you take supporting something you believe in. For certain types of crowdsourcing funding, the fundee receives the funds no matter how much of their target was pledged, and from that point on, they're free to do what they will, even if that includes wasting it and saying they tried. It's up to you to vet your investment in those cases, as it is with Rhinocoin, and decide for yourself if it's worth it to you to essentially donate to their cause and maybe receive equity returns.

If you're truly comparing it to a legitimate crowdfunding company, you would know that there are legally binding provisions to help ensure that the initiator follows through with his or her project.

There is a complete lack of recourse in the case the OP takes the money and runs. I think that's why a lot of people are asking either for significantly more transparency or for funding via escrow.

[Personally, I don't think the threshold is met with just an escrow.]

[XXXedus]

Can we have some documentation on previous accomplishments? Also either 2 of 3 team members facebooks cannot be found or they don't exist. I would like some background info if you could provide a little.

[Wolf Rainer]

I really like the idea.

[impulsecorp]

One thing that might help you get investors more interested in RhinoCoin is if you had some rough financial projections as to what the profits might be. Most people here have no idea what the projected revenue and expenses are for a recording studio/record company. Especially since unlike most startups, it seems you will make a profit for the first year (due to all the expenses being prepaid), investors want to know what they might make. It also is important to translate that into a per RhinoCoin projection. Even better would be a simple percent return projection for RhinoCoin holders, since most people have no idea what a RhinoCoin is worth.

I basically want to know if I buy $1 of RhinoCoin that you project in the first year I will get a X% dividend (profit distribution) on that, and also the projection for year 2 since that will include many more expenses.

- Eric

[CryptoPleb]

OSX wallet getting stuck at block 43102 (68%) ?

[RhinoCoin]

OSX wallet getting stuck at block 43102 (68%) ?

Just quit and restart, my mac wallet is in sync  :-)

If that doesn't work re-install

[CryptoPleb]

OSX wallet getting stuck at block 43102 (68%) ?

Just quit and restart, my mac wallet is in sync  :-)

If that doesn't work re-install

All good, thanks 

[a20756079]

For most people,the price of IPO is too high.

could u tell us how many coins have already sold?

[j5crypto]

This is a great way to expand cryptos into business coins. The only problem is that this has to be done right. If people give you money for your IPO then you are doing it right. Do what works and do it until it doesn't work anymore. That's business. If you don't get any funds then you need to figure out how to make IPO investing safe.

The reason for an IPO is the need of funds to expand or start a business. Do investors want to help you expand your business? IF yes you might do ok.

Watching this one, this could get interesting.

[CryptoPleb]

Main reason Im trusting of this IPO is because they give out all their details.
I have their names and address. That tells me they most likely arent out to rip anyone off.
Also Montreal always has some good music acts to sign.

1180 St-Antoine Ouest
Montreal, Quebec
H3C 1B4

Richard Vincent - Founder



Looking forward to this

ps. the countdown clock on the site is giving me 10 hours left, which would make it midnight here in Australia but 4pm UTC..

[RhinoCoin]

ps. the countdown clock on the site is giving me 10 hours left, which would make it midnight here in Australia but 4pm UTC..

I'm looking into why it's not adjusting according to the time zone.  The countdown will end July 4th at midnight EDT, which is actually 4am UTC.

I have adjusted the post, thank you.

[RubixRex]

what teh fuck sign me

[CryptoPleb]

ps. the countdown clock on the site is giving me 10 hours left, which would make it midnight here in Australia but 4pm UTC..

I'm looking into why it's not adjusting according to the time zone.  The countdown will end July 4th at midnight EDT, which is actually 4am UTC.

I have adjusted the post, thank you.

Oh thats good

[hellscabane]

Even though I'm a bit skeptical yet, the more I think about it, the more I hope that this is legit since this would be a very intriguing way to approach crowdfunding.

Anyhow, is the information on the webpage for the studio (like the phone and address)? I might have someone that would like to make use of your studio services.

[RhinoCoin]

Even though I'm a bit skeptical yet, the more I think about it, the more I hope that this is legit since this would be a very intriguing way to approach crowdfunding.

Anyhow, is the information on the webpage for the studio (like the phone and address)? I might have someone that would like to make use of your studio services.

If you visit the launch site www.rhinocoin.org, you will find the information are looking for on the contact page

[Lovethecoins]

I am seeing more and more people gain interest and we getting close 2 IPO!!! 12hours!! Cant wait will be very exciting!

[EBK1000]

Will these coins be traded anywhere? Exchange?

[RhinoCoin]

Will these coins be traded anywhere? Exchange?

Of course we will have XRC listed and traded on exchanges

[RhinoCoin]

RhinoCoin XRC - A Decentralized Record Label

LAUNCHED

https://i.imgur.com/It3lcG4.png

[rugrats]

Questions.

(i) Can you present the ownership details of the company?
(ii) Are you the owner of the company?
(iii) Will the dividends be based on gross or net earnings?
(iv) Will the earnings (as well as operational costs) be vetted by an independent auditor each payment cycle?
(v) Are you able to furnish annual (even quarterly) financial information for the last year or more, along with balance sheets, income statements and cash flows (all notarized)?
(vi) Will IPO holders have a say in operational matters (capex, hiring, wages, costs, etc.)?
(vii) Will you prepare legal documents that prevents you from disposing/selling the business after the IPO?

This is a very novel concept - one that I am prepared to participate.
However, the I think it is only fair that you lay your cards out on the table.
After all, it is not difficult to take photographs of some random studio.

1- The RhinoCoin Label & Studio will be owned by the community of RhinoCoin holders.

2- On august 1st 2014 all assets and ownership will be transferred to a Trust Company "The RhinoCoin Trust" the beneficiaries of which will be the holders of RhinoCoin and/or associated RhinoCoin addresses.  Any additional details would have to be answered by our lawyer

3- As detailed in the outline the dividends will be the Gross earnings for a period of one year.

4- Yes that is completely possible and probably a good idea but will incur some additional business costs unless some creative solutions are presented.  The RhinoCoin website and twitter feed @RhinoCoinXRC will keep the community up to date with current studio clients and projects.

5- The studio is in a 2,500 Sq.Ft space located completely renovated and sound proofed, with multiple recording spaces, isolation booths and mixing spaces tailored for a wide range of applications.  The equipment list is extensive and state of the art, the studio has been in operation for ten years and has varied client list.  I cannot disclose financial history but I can say that the business and assets are owned outright and does not have any outstanding debts or loans and all assets, rights and ownership will be transferred to The RhinoCoin Trust

6-  As detailed in the outline yes, RhinoCoin holders will have say in the business operation, the signing of artists, label/studio management and promotions and any other aspects that the community feels important.  We felt to simplify matters all operational costs will be covered for a period of 1 year.  This will permit the community to grow and prosper without any financial obligations or concerns

7-  As I have mentioned the RhinoCoin Trust will be created and all associated documentation will be available to the community.

As you mentioned this is a novel concept :-) and we embrace all new suggestions and feedback.  We have been in the music business our entire lives and have also come to appreciate the amazing possibilities with crypto currencies and decentralized organizations.

Thanks for your response.
I have some follow-up questions, but I will reserve it for now.

However, I do have an immediate suggestion: organize an election for a community representative/board - preferably limited to senior members of Bitcointalk with an unblemished record.

A community representative/board will not only look out for the interests ofIPO holders (I'm one of them, btw ), but also provide you with a clearer line of communication.

[EBK1000]

so what exchanges will list XRC? If you dont sell many then there will be no market and everyone that bought will have lost. I noticed that have only sold 69705 XRC so far.

[coloredcoin]

WHAT CAN I do with it ?

[Lovethecoins]

Syncing wallet and loading up as promised

[japness]

so about 2000BTC will be raised through ipo?

Disount IPO remember... I'm not sure but 2000btc is quite low in my eyes great for early investors!

The more I read it I have no doubt the IPO will sell out first week

LOL

lets make it 1000000000 BTC!

don't make so large scam
2000BTC is enough

[SimkoMiner]

RhinoGuys, you could maybe record some video where you would introduce yourself and present your plans. Something like BlackCoin's "BlackCast". You could shoot it from your studio. I think this would be much more trustworthy for folks who would like to invest in you but are not sure yet (like me). Creating nice webpage and really descriptive ANN page is simply not sufficient.

I will better wait till this coin hits some exchange and all investors dump their coins after first pump. I think the price might go down to at least 50% of the current IPO price (which is 10K Satoshis?)

[RhinoCoin]

RhinoGuys, you could maybe record some video where you would introduce yourself and present your plans. Something like BlackCoin's "BlackCast". You could shoot it from your studio. I think this would be much more trustworthy for folks who would like to invest in you but are not sure yet (like me). Creating nice webpage and really descriptive ANN page is simply not sufficient.

I will better wait till this coin hits some exchange and all investors dump their coins after first pump. I think the price might go down to at least 50% of the current IPO price (which is 10K Satoshis?)

It's funny that you mention a video, we must have a leak      That's exactly what we are in the process of doing and will soon be posting an introduction video and studio tour :-)  As for a live video stream that would also be possible, we could do a live stream from the studio during some sessions with the clients permission, however for RhinoCoin Artists that definitely sounds like a great idea.

About the IPO price, there is a 20% RhinoCoin Bonus making the price 8k Satoshis which we feel is very reasonable considering the businesses assets, associated operational costs and potential revenue streams.

[CryptoPleb]

RhinoGuys, you could maybe record some video where you would introduce yourself and present your plans. Something like BlackCoin's "BlackCast". You could shoot it from your studio. I think this would be much more trustworthy for folks who would like to invest in you but are not sure yet (like me). Creating nice webpage and really descriptive ANN page is simply not sufficient.

I will better wait till this coin hits some exchange and all investors dump their coins after first pump. I think the price might go down to at least 50% of the current IPO price (which is 10K Satoshis?)

It's funny that you mention a video, we must have a leak      That's exactly what we are in the process of doing and will soon be posting an introduction video and studio tour :-)  As for a live video stream that would also be possible, we could do a live stream from the studio during some sessions with the clients permission, however for RhinoCoin Artists that definitely sounds like a great idea.

About the IPO price, there is a 20% RhinoCoin Bonus making the price 8k Satoshis which we feel is very reasonable considering the businesses assets, associated operational costs and potential revenue streams.

I would love to watch The Brains, or anyone really, recording in the studio. People would even pay to watch live mixing sessions just to learn a thing or two. You should advertise this on http://www.gearslutz.com would get some buzz.

[Lovethecoins]

200k sold

[EBK1000]

What happens to the coins that are not sold during the IPO? Do they get destroyed?

[Lovethecoins]

What happens to the coins that are not sold during the IPO? Do they get destroyed?

Algorithm:  100% Proof of Stake with dividend
Total Rhino Coins:  20,000,000 RhinoCoin - XRC
Dividend:  Paid Monthly

[PhattyBanks]

http://www.redrhinorecording.com/studios.html

[Iceplayer]

Looking forward to the potential in Rhinocoin - awsome concept & solid group of guys

[CHMinePeerz]

hey,

i wish to buy some Rhino but i'm a linux user...........

no source code?

[RhinoCoin]

hey,

i wish to buy some Rhino but i'm a linux user...........

no source code?

Thanks for bringing that to my attention, the source code is available here:

https://github.com/RhinoCoinXRC/RhinoCoin

[daemonfox]

One hundred percent of the profits of the Rhino Recording Studio and Record Label will be paid in equal portion to all respective RhinoCoin holders.

Is this ALL XRC holders, even those who buy coins later from an exchange, or only those who IPO purchased by providing their unique address to the site to procure their IPO XRC?

Maybe I am missing something here, but there seems to be a slight flaw in your model... follow the life of an XRC...

All 20M XRC are premined and owned and up for IPO... so where does an exchange get any XRC... it has to come from you or those of us that purchased the IPO... but the moment we move it to an exchange, we forfeit any IPO dividends because we do not control the exchange wallets. Also, how is it you plan to be able to purchase XRC with the converted pool minings... that means someone has to sell their IPO coins, losing their payout... where else can these coins come from really??? If you own them all except for what is IPOd, and owning that amount is what gives us the right to have dividends paid... how do you expect them to be exchanged? It sounds to me like payments need to come in the form of BTC flat out... not in XRC... in order for their to be XRC on the exchange for you to buy, IPO owners have to sell out and lose their dividends.

If your answer is that you plan to convert them internally and pay using what XRC did not get sold in the IPO, then you are really just telling us you have the right to exchange them at whatever rate you deem fair, which is likely not going to fly with many people.

To be continued... still working through all my thoughts on this...

So I also see there are more than 20M coins now... that leads me to believe the first question above should be ONLY IPO purchasers through your site are entitles to dividends... and POS coins can be sold on the excahnges but ARE NOT valid for dividends? How is it you plan to perform validation if you did not include a Coin Control type interface for us to make sure we do not touch our IPO coins? We have no control over what inputs the client chooses to use if we wanted to sell our stake coins by sending them to the exchange... which means we run the risk of having the IPO address used and messing with the amount of IPO coins we show on the blockchain for our original address...

more continuation in time...

I am also unable to find the POS specs in this thread... can you post those or point them out?

[RhinoCoin]

One hundred percent of the profits of the Rhino Recording Studio and Record Label will be paid in equal portion to all respective RhinoCoin holders.

Is this ALL XRC holders, even those who buy coins later from an exchange, or only those who IPO purchased by providing their unique address to the site to procure their IPO XRC?

Maybe I am missing something here, but there seems to be a slight flaw in your model... follow the life of an XRC...

All 20M XRC are premined and owned and up for IPO... so where does an exchange get any XRC... it has to come from you or those of us that purchased the IPO... but the moment we move it to an exchange, we forfeit any IPO dividends because we do not control the exchange wallets. Also, how is it you plan to be able to purchase XRC with the converted pool minings... that means someone has to sell their IPO coins, losing their payout... where else can these coins come from really??? If you own them all except for what is IPOd, and owning that amount is what gives us the right to have dividends paid... how do you expect them to be exchanged? It sounds to me like payments need to come in the form of BTC flat out... not in XRC... in order for their to be XRC on the exchange for you to buy, IPO owners have to sell out and lose their dividends.

If your answer is that you plan to convert them internally and pay using what XRC did not get sold in the IPO, then you are really just telling us you have the right to exchange them at whatever rate you deem fair, which is likely not going to fly with many people.

To be continued... still working through all my thoughts on this...

So I also see there are more than 20M coins now... that leads me to believe the first question above should be ONLY IPO purchasers through your site are entitles to dividends... and POS coins can be sold on the excahnges but ARE NOT valid for dividends? How is it you plan to perform validation if you did not include a Coin Control type interface for us to make sure we do not touch our IPO coins? We have no control over what inputs the client chooses to use if we wanted to sell our stake coins by sending them to the exchange... which means we run the risk of having the IPO address used and messing with the amount of IPO coins we show on the blockchain for our original address...

more continuation in time...

I am also unable to find the POS specs in this thread... can you post those or point them out?

The coins to be paid in the dividend will be bought on an exchange.  I'm sure some of the IPO holders will be willing to sell a fraction of their coins, obviously at a higher price.  I have yet to find one altcoin on an exchange with zero sellers.  So basically the revenues from the real world business and the mining pool will be used to purchase XRC, rewarding investors and increasing the value of XRC.  Similar to the way the blackcoinpool or any multipool pays their miners.

The dividend will be paid out to all XRC holders who submit their "holding" address on our website post IPO. This will  help eliminate dividend payouts to unique transaction addresses, gambling sites, or any other "non-voting" community members if you will.

Yes, moving the coins to an exchange would eliminate the dividend on those coins, equivalent to moving any POS coins to any exchange losing their staking benefits.  There is a 1% annual stake on XRC

[mazuma]

 Before you talk about "dividends", can we see proof of what your company is worth. Any financial statements? projection statements? all the mumbo jumbo that lets potential investors know why exactly would they want to buy a share in this studio. Afterall what your saying is that these coins represent a share of your studio. Aside from the the fixed assets, where are your revenue streams. Dont tell me you have a few people coming in an out of your studio entitles you to state that this venture has alot of potential. On what basis did you determine the value of the IPO? Serious questions. Dont mean to ruin the party. good luck either way, i have no problem with you making money if people want to send btc your way.

[impulsecorp]

I don't know how dividends work with most other altcoins but if I buy it on an exchange it seems crazy that I would have to manually register the coin to get the dividend. I have no problem with giving my info but in would have no idea how to go about doing that and would never even know I had to do that if I had not read it here.

[RhinoCoin]

Before you talk about "dividends", can we see proof of what your company is worth. Any financial statements? projection statements? all the mumbo jumbo that lets potential investors know why exactly would they want to buy a share in this studio. Afterall what your saying is that these coins represent a share of your studio. Aside from the the fixed assets, where are your revenue streams. Dont tell me you have a few people coming in an out of your studio entitles you to state that this venture has alot of potential. On what basis did you determine the value of the IPO? Serious questions. Dont mean to ruin the party. good luck either way, i have no problem with you making money if people want to send btc your way.

The IPO was priced based on start-up and operational costs, the value and replacement cost of the assets as well as current and potential revenue streams.

We have a business plan coming that will hopefully answer all of your questions.

The Party has just begun RhinoCoin XRC is a crypto-currency with real world assets, multiple revenue streams, paying equal share dividends to its supporters, backed by a dedicated and experienced development team. I do not know what more you can ask for in crypto at this moment.

[crimealone]

LMAO
You really think that all the investors are idiots, right? Investing in a coin developed by a newbie? And almost 2000 btc?

[RhinoCoin]

I don't know how dividends work with most other altcoins but if I buy it on an exchange it seems crazy that I would have to manually register the coin to get the dividend. I have no problem with giving my info but in would have no idea how to go about doing that and would never even know I had to do that if I had not read it here.

It will be a simple process to receive your dividend.  You will go to rhinocoin.org/dividend when the IPO is complete and submit your RhinoCoin address as you do on the IPO homepage.  Your dividends will automatically be paid out to that RhinoCoin address based on it's balance.

[Lovethecoins]

I don't know how dividends work with most other altcoins but if I buy it on an exchange it seems crazy that I would have to manually register the coin to get the dividend. I have no problem with giving my info but in would have no idea how to go about doing that and would never even know I had to do that if I had not read it here.

It will be a simple process to receive your dividend.  You will go to rhinocoin.org/dividend when the IPO is complete and submit your RhinoCoin address as you do on the IPO homepage.  Your dividends will automatically be paid out to that RhinoCoin address based on it's balance.

LMAO
You really think that all the investors are idiots, right? Investing in a coin developed by a newbie? And almost 2000 btc?

I've seen a lot of shit coins come thru and people have no problem investing in them based on the what if's and maybes... This coin is only Top 30 on coinmarketcap with IPO... ACTUAL company making ACTUAL money in real life... No doubt this will be Top 10 in no time... If you don't believe in the coin whatever but this is the coolest idea in crypto!   It's not like we have 2 build a record label from the ground up these guys have been running for years!

Also I bought mine IPO is working fine very easy process thanks!

[EBK1000]

It will depend on a recording studio making money and that the company is still around in a year. It's pretty hard making a profit in the music industry as you know with free downloads all over the place etc. At the moment they value their company at $1.266.000,- (today's BTC rate) which is too high for a start-up. They are stating that they will pay 1% dividend on that amount which is $12.660,- per year so $1055,- per month. With overhead such as rent, salaries etc. they will have to turn over a decent sum every month to make it run.

What exactly will this money be spent on? Do they own the equipment?

How are new XRCs created again? and at what rate?

This still seems like a scam

[RhinoCoin]

It will depend on a recording studio making money and that the company is still around in a year. It's pretty hard making a profit in the music industry as you know with free downloads all over the place etc. At the moment they value their company at $1.266.000,- (today's BTC rate) which is too high for a start-up. They are stating that they will pay 1% dividend on that amount which is $12.660,- per year so $1055,- per month. With overhead such as rent, salaries etc. they will have to turn over a decent sum every month to make it run.

What exactly will this money be spent on? Do they own the equipment?

How are new XRCs created again? and at what rate?

This still seems like a scam

You have not read the entire post and/or have miss understood many points.  All the questions have already been answered or addressed in previous posts.  The studio has been operating for over ten years in the music business.  Since all expenses will be covered as mentioned in the outline (for a period of 1year) I find it near impossible that the business would not be around in one year.

The dividend is NOT 1%.  The divided will be paid out of the Studio & Labels revenue.  There are also additional revenue streams mentioned.

Yes all the assets and equipment are owned.  RhinoCoin is POS there will not be any additional XRC's created aside from the 1% annual POS staking, and this is still not a scam.

[Soul_eater_123]

wow,interesting idea.

Sadly it can't work without FTC approval, unless that is some method can be found to exclude all US investors.  That's the problem with combining a business/crypto/shares etc. into one.  It is no longer just a cryptocurrency and the regulators get involved.  Unfortunately the people behind this don't seem to understand that.  So whilst this is a good idea it is likely to collapse at some point.  I'm sure people will come on and now say that it is FUD but that doesn't change the facts.

I would therefore be best to get a US lawyer who deals in such things to just look over the proposals first.  If they OK it then no problems and a good idea.

[EBK1000]

At least they got a few Bitcoins before it crashed

[RhinoCoin]

wow,interesting idea.

Sadly it can't work without FTC approval, unless that is some method can be found to exclude all US investors.  That's the problem with combining a business/crypto/shares etc. into one.  It is no longer just a cryptocurrency and the regulators get involved.  Unfortunately the people behind this don't seem to understand that.  So whilst this is a good idea it is likely to collapse at some point.  I'm sure people will come on and now say that it is FUD but that doesn't change the facts.

I would therefore be best to get a US lawyer who deals in such things to just look over the proposals first.  If they OK it then no problems and a good idea.

The FTC is NOT a regulatory body in Canada.  As of this writing, the Unites States of America does not rule the entire world.  Although it may be looking pretty good for them right now, in Canada, we are still free to engage in activities not banned by our country of residence.  The proposal has been reviewed by Canadian legal council and is in compliance with regards to current Canadian law. 

What you are saying is to ignore Canadian Law, and getting advise from a US Lawyer on operations in a Foreign Land, which is preposterous.

RhinoCoin XRC is using a means of cryptographic exchange to track, manage and compensate the parties responsible for the decision making and running of operations of the RhinoCoin XRC Record Label.  Open your mind to a new world of Crypto Currencies backed by more than a network of computers, but real tangible goods and the ability to change/shake an industry.

[Soul_eater_123]

Yes. I tried to explain it to you but you don't understand.  It doesn't matter what you think.  UK companies have had to pay fines to the FTC for doing less than what you are doing and the UK is not part of the USA either (ask Moolah.io).  These are also companies that did not do any business directly in the US.  Don't give me crap that Canada is some kind of free country.  It is even weaker than the UK and get's fucked up the rear end by the Americans even more.  I've explained the situation.  This cannot work.  Screw you guys.  I'm going home:)

[chesthing]

I don't need to read this whole thread, this is an obvious scam from reading the ann post.
Look, if someone asks for money up front for something he promises to provide for the long term future it is a scam. Nobody works for free, even if you pay him a bunch of money up front.
The fact the "dev" won't do escrow for his ipo = biggest red flag you can get.

[Soul_eater_123]

I don't need to read this whole thread, this is an obvious scam from reading the ann post.
Look, if someone asks for money up front for something he promises to provide for the long term future it is a scam. Nobody works for free, even if you pay him a bunch of money up front.

Even if it's not a scam:  The fact that they refuse to do even basic research before setting up a business (such as paying a little bit of money to consult with a lawyer first) is a massive red flag and shows complete incompetence.  It takes more to set up a business than just having an idea.  Also no matter how you try to squirm away and pretend otherwise, attaching a cryptocurrency to a business does not make the business go away, by somehow hiding it under a cryptocurrency umbrella.  You still have to follow the rules any other business would have to.  If you are giving dividends for what are in effect shares in your company and some of those could be bought or earned by US citizens you must be registered with and abide by all US laws in regard to that.  FACT.

[chesthing]

Well, if it's a scam to make btc off a huge ipo, why the fuck would they care about details like legalities?

[RhinoCoin]

I don't need to read this whole thread, this is an obvious scam from reading the ann post.
Look, if someone asks for money up front for something he promises to provide for the long term future it is a scam. Nobody works for free, even if you pay him a bunch of money up front.
The fact the "dev" won't do escrow for his ipo = biggest red flag you can get.

I'm not surprised with your scepticism with new coins coming out every day claiming to be the next big thing.  I would actually appreciate it if you read the entire post  , so that before you comment and bash people that are trying to change the crypto space into a more productive, legitimate and professional enterprise. 

This is not an anonymous post, if you read you will find the information you are look for.  I am not new to the crypto world, I have witnessed and experienced the many pump n dumps and scams like the rest of you.  Personally, I am tired of it.   I am not Wolong, this is not PandaCoin, AsiaCoin, WhiteCoin or any other ScamCoin where the Dev's abandon ship.   I am a true believer in crypto and how it can change the world by decentralized autonomous organizations.

We have taken on this venture because we can now integrate the best of both worlds, crypto currencies and music.  If you plan to participate in the RhinoCoin community we would appreciate any constructive comments, otherwise you can go back to trading your AirCoins chasing the deam.

Regards,
Richard

[impulsecorp]

Almost every criticism here applies to all cryptostocks, and there are hundreds of such hybrid altcoins. So, RhinoCoin may or may not be a scam, but you can't fault it for the issues all cryptostocks have. Any cryptostock has a lot of risk, and may have legal issues in the US, and does not have SEC approved type financial records, and the vast majority don't have projected financials or all the other things that normal stocks and investments have. That is just the nature of the game.  

[EBK1000]

I got some now, maybe I'm the sucker, we'll see

[RhinoCoin]

Almost every criticism here applies to all cryptostocks, and there are hundreds of such hybrid altcoins. So, RhinoCoin may or may not be a scam, but you can't fault it for the issues all cryptostocks have. Any cryptostock has a lot of risk, and may have legal issues in the US, and does not have SEC approved type financial records, and the vast majority don't have projected financials or all the other things that normal stocks and investments have. That is just the nature of the game.  

You are absolutely correct.  As in pretty much every crypto currency there is considerable risk, BitCoin included.  In the case of RhinoCoin there are associated risks shared by, investors, development team and studio employees.  However with more risk comes more reward     We have taken a serious look at the legal implications and requirements, and by the creation of a Trust all assets, property, royalties and licences will be protected under Canadian Trust Laws.

http://www.cra-arc.gc.ca/tx/trsts/typs-eng.html#specified

[RhinoCoin]

I got some now, maybe I'm the sucker, we'll see

Thank you for your confidence and support, we are very excited about bringing the crypto revolution to the music indusrty

[impulsecorp]

No, I mean RhinoCoin is similar to all the other cryptostocks, such as those at https://cryptostocks.com/securities . That is not the same as all the cryptocurrencies. A Cryptostock and a cryptocurrency are not the same thing. A cryptostock many times goes hand in hand with a cryptocurrency for that stock, but most cryptocurrencies are not cryptostocks. Bitcoin is not a cryptostock. A cryptostock is a company like Rhino, that is basically selling its "shares" (not ownership shares, but profit shares) by creating a new altcoin (in this case, RhinoCoin) for it. Or, a cryptostock may sell shares using an existing cryptocurrency, but then it is really just an unregistered stock bypassing securities laws by dealing only in cryptocurrency. Rhino is not that kind of cryptostock, although any cryptostock is on shaky legal ground in the USA.

[impulsecorp]

Many people here are asking for all sorts of things that are common for altcoin IPOs, but not cryptostock IPOs, and with either one 95% of the companies don't give any more info than Rhino did. That does not make it right, and most of the questions posted are valid (like asking for financials, projection, owner/partner  info, etc.), but hundreds of other altcoins have raised lots of money giving much less info based on much shakier business plans.
Keep in mind, I know nothing more about Rhino that what they posted here, so I can't vouch for them.

[crimealone]

I noticed that some people said so many shitcoins raised much more money. Please make an example. Please tell me which shitcoin raised more than 2000 btc?

[EBK1000]

As of today they have only sold 370488 XRC and made a tiny profit.

[Kinser]

As of today they have only sold 370488 XRC and made a tiny profit.

Ive been watching that number on the homepage not update for awhile... is that manually updated or what, because I actually received some coin.

[impulsecorp]

I talk about Rhino Coin in my blog posting today at
http://www.impulsecorp.com/bitcoin_2_making_money

- Eric

[Soul_eater_123]

I talk about Rhino Coin in my blog posting today at
http://www.impulsecorp.com/bitcoin_2_making_money

- Eric

That's a good article.  Maybe if the Rhinocoin guys bother to read it they'll get an inkling of what kind of trouble they might get into.

[impulsecorp]

Rhino Coin is in Canada so I am not sure they are doing anything wrong. It is more of a warning to people in the USA that it is risky to try something like this.

[Soul_eater_123]

Rhino Coin is in Canada so I am not sure they are doing anything wrong. It is more of a warning to people in the USA that it is risky to try something like this.

Actually Moolah.io is in the UK and got into trouble for not filing with the SEC.  They have funny rules that mean that if you have customers/shareholders etc in the US then you must follow US laws and be registered with them.  Last month I think it was a different UK company was finded $50,000 because of these rules.  Rhinocoin is not immune and since it is a physical recording studio, with real bands etc it makes it a lot easier for the SEC/FTC to pursue them and they like to go for the easy targets.

[impulsecorp]

I have been following Moolah.io, and although they are on shaky legal ground, I don't think they have actually gotten in trouble with the SEC yet. I did another Google search today and could not find any reference to SEC fines or charges.  They did need to register with FINRA (another US regulatory agency) as a money transmitter (or something similar) because their site acts as a money exchange, but that is not related to their cryptostock/altcoin offering.

I think the recent SEC fines you are talking about were for Erik T. Voorhees, who did a cryptostock IPO selling "shares" in SatoshiDice and FeedZeBirds sites. According to Wikipedia he is an American citizen and files American taxes, even though he lives outside of the USA, so that is why the SEC was able to have authority over him.

  

[Soul_eater_123]

I have been following Moolah.io, and although they are on shaky legal ground, I don't think they have actually gotten in trouble with the SEC yet. I did another Google search today and could not find any reference to SEC fines or charges.  They did need to register with FINRA (another US regulatory agency) as a money transmitter (or something similar) because their site acts as a money exchange, but that is not related to their cryptostock/altcoin offering.

I think the recent SEC fines you are talking about were for Erik T. Voorhees, who did a cryptostock IPO selling "shares" in SatoshiDice and FeedZeBirds sites. According to Wikipedia he is an American citizen and files American taxes, even though he lives outside of the USA, so that is why the SEC was able to have authority over him.

  

I can't remember where I read about it but it was an article from a reputable source and it stated specifically that anyone selling "securities" to anyone in the US (irrespective of where they were based themselves) had to register.  Moolah.io have admitted that they should have gotten registered earlier and are now in the process of doing so - the guy that runs it said so himself.

[Joshua.Dan]

It's seems a very good coin

[RhinoCoin]

I apologize for not having posted this update sooner.

I had a life changing experience early last week when I was attacked by two young men who sprayed repeatedly with bear mace in the eyes and face.  What started off as a pre-meditated robbery and assault with a weapon, resulted in the two perpetrators arrested and in jail within minutes...  During the assault I somehow managed to pull off a "Jack Bauer" type manoeuvre and was able to pursue, capture and subdue one of the assailants. (never underestimate the power of adrenaline)  Needless to say this was one of the most painful and agonizing experiences I have yet to endure.  It took me the best part of the week to recover from the incident and I am now back in force.

I am please to announce that the 20% Bonus will be extended for a period of one week starting today Monday July14th.

The link below will redirect you to the RhinoCoin XRC Business Plan which some people have requested

XRC- Business Plan
https://drive.google.com/file/d/0B9P9N0HGmUujUVpuVVhVakN0R2s/edit?usp=sharing

Thanks for your patience
Richard

[Lovethecoins]

I apologize for not having posted this update sooner.

I had a life changing experience early last week when I was attacked by two young men who sprayed repeatedly with bear mace in the eyes and face.  What started off as a pre-meditated robbery and assault with a weapon, resulted in the two perpetrators arrested and in jail within minutes...  During the assault I somehow managed to pull off a "Jack Bauer" type manoeuvre and was able to pursue, capture and subdue one of the assailants. (never underestimate the power of adrenaline)  Needless to say this was one of the most painful and agonizing experiences I have yet to endure.  It took me the best part of the week to recover from the incident and I am now back in force.

I am please to announce that the 20% Bonus will be extended for a period of one week starting today Monday July14th.

The link below will redirect you to the RhinoCoin XRC Business Plan which some people have requested

XRC- Business Plan
https://drive.google.com/file/d/0B9P9N0HGmUujUVpuVVhVakN0R2s/edit?usp=sharing

Thanks for your patience
Richard

Crazy man!!! Hope all is well!!!! Thank you for the business plan!!! I know everyone has been waiting on this... The rhino is live and well!

[Frigga77]

Just bought a small amount. The process of IPO is very smooth! Have sent my BTC around 1.5 hours ago and the rhinocoins already came in
 

[RhinoCoin]

Just bought a small amount. The process of IPO is very smooth! Have sent my BTC around 1.5 hours ago and the rhinocoins already came in
 

Welcome to the family :-)

We will be uploading a video tour of the facility soon

[Lovethecoins]

Just bought a small amount. The process of IPO is very smooth! Have sent my BTC around 1.5 hours ago and the rhinocoins already came in
 

Welcome to the family :-)

We will be uploading a video tour of the facility soon

Awesome very excited with seeing the studio!

[EBK1000]

Is this coin dead or what? Well, at least they got some BTC for the trouble, nobody is buying

[RhinoCoin]

Is this coin dead or what? Well, at least they got some BTC for the trouble, nobody is buying

Most definitely not, but thanks for following the thread  :-)

We've had many early supporters so far and hopefully there will be many more who will take advantage of this opportunity

There is a RhinoCoin XRC block-explorer that can be viewed here:   http://xrc.explorer.ssdpool.com:9054/

[RhinoCoin]

We are pleased to announce that RhinoCoin XRC will be collaborating with BTM Canada and they will be installing a SkyHook BitCoin ATM at the RhinoCoin XRC Studios.

Clients can now easily pay directly with BTCTC

Very Very Exciting

http://projectskyhook.com/assets/img/skyhook.jpg

[Lovethecoins]

We are pleased to announce that RhinoCoin XRC will be collaborating with BTM Canada and they will be installing a SkyHook BitCoin ATM at the RhinoCoin XRC Studios.

Clients can now easily pay directly with BTCTC

Very Very Exciting

Awesome news! Excited for this project 2 get underway

[daemonfox]

You may also want to reach out to BCT user Defaced... he also has a Skyhook and has been working with the developers... and has adapted it to another coin already. This could easily be adapted to sell XRC.

[EBK1000]

When are we going to get any exchanges?

[Lovethecoins]

You may also want to reach out to BCT user Defaced... he also has a Skyhook and has been working with the developers... and has adapted it to another coin already. This could easily be adapted to sell XRC.

Yes... If you don't already have someone please do

[RhinoCoin]

You may also want to reach out to BCT user Defaced... he also has a Skyhook and has been working with the developers... and has adapted it to another coin already. This could easily be adapted to sell XRC.

Yes... If you don't already have someone please do

I have been in contact with Defaced and hopefully we'll be able to adapt the Skyhook to dispense XRC.  In the meantime you can check out this introduction video and studio tour, hope you enjoy.

RhinoCoin XRC - Studio Tour
https://www.youtube.com/watch?v=AaBsf1QLRM4

[Lovethecoins]

Very very cool thanks!!! This is going to be seriously undervalued!!

[rugrats]

You may also want to reach out to BCT user Defaced... he also has a Skyhook and has been working with the developers... and has adapted it to another coin already. This could easily be adapted to sell XRC.

Yes... If you don't already have someone please do

I have been in contact with Defaced and hopefully we'll be able to adapt the Skyhook to dispense XRC.  In the meantime you can check out this introduction video and studio tour, hope you enjoy.

RhinoCoin XRC - Studio Tour
https://www.youtube.com/watch?v=AaBsf1QLRM4

Excellent, Rick!

[Frigga77]

This coin deserves much more attention than it is getting until now! People check it out, it is a real deal, which is so refreshing in this environment where fake coins pop up every day!

[Lovethecoins]

This coin deserves much more attention than it is getting until now! People check it out, it is a real deal, which is so refreshing in this environment where fake coins pop up every day!

I think because of all the fake coins people are scared but Business plan... Address... Number... Name.... Video of building.... Been around over 10 years... I think this should really clear the skeptics Excited 2 see the future of this coin :-)

[d5e5l]

Have you thought about possibly adding a webcam or live stream to studio,might help to legitimize investing in rhinocoin.
The video was great ,but seeing activity might be helpful for non believers,sadly most blindly invest in shitcoin of week,
so i don,t understand why a great concept like this doesn't appeal to more people.

[Altcoin4life]

Oh sweet we just got listed on C-Cex, tradin time.

[fonzii]

bought some 3 h ago havent recieved it yet :/ does this take time ?

[RhinoCoin]

RhinoCoin has been listed on C-Cex

https://c-cex.com/?p=xrc-btc

Coins will still be available at www.rhinocoin.org until this friday August 8th at midnight

We are installing the Skyhook at Rhino Recording today and I will have some nice pictures soon

[MysticalCockFungus]

https://c-cex.com/?rf=8C70008E385D8103

https://c-cex.com/?rf=8C70008E385D8103

The only one with anti-bot protection

Get fucked with your Ref link spamming u sellout.

[Bank4all]

I have been in contact with Defaced and hopefully we'll be able to adapt the Skyhook to dispense XRC.  In the meantime you can check out this introduction video and studio tour, hope you enjoy.

RhinoCoin XRC - Studio Tour
https://www.youtube.com/watch?v=AaBsf1QLRM4

Mmmmballlin  SSL4000 buddy. Lovin the look of things over there. I've been in my share of studios ... this isn't some guy's basement, this place looks like the real deal.  Could be a good investment

[coine_smithe]

What will you do with the unsold coins?

[chesthing]

What will you do with the unsold coins?

Good question. Also, how many coins have been sold? they will be avail for 2 more days, correct?

[XNext]

How join the ICO?
Where is the sending address?

[XNext]

How join the ICO?
Where is the sending address?

Found,it's here

[sdersdf2]

questions from someone new to this coin to others in this discussion thread who've been more closely following it:
could anyone summarise what's special about it?

were basic aspects ready at launch - wallet, blockexplorer, website, whitepaper and/or features, etc. - or is the [ANN] promise-heavy?
have the devs delivered on their promises?
Any hidden problems -
premines?
instamines?
well distributed? is there a rich list?
buggy code?
are these are hard core programmers, not "copy-paste" devs or middlemen? When bugs/fork challenge pop up, are they fixed quickly?
dev squabbles?
dev complacency?
missed deadlines?
any "proof of developer"? Is the entirte dev team anonymous -- and even if so, does it at least have a solid reputation here on bitcointalk?
How does the coin production/distribution setup provide insulation from the risk of massive miner/whale dumps? Is there an estimate out there of the max # of daily BTC trading volume that might be needed to absorb mined coins?
Anything to worry about?

When is the next significant development update (code, screenshots and/or whitepaper/proof-of-concept or something else?) expected to come out?

[coine_smithe]

What will you do with the unsold coins?

Good question. Also, how many coins have been sold? they will be avail for 2 more days, correct?

Ya I'd like to know this before investing. They are pretty unclear about what's going to happen with the coins.

[RhinoCoin]

What will you do with the unsold coins?

Good question. Also, how many coins have been sold? they will be avail for 2 more days, correct?

Ya I'd like to know this before investing. They are pretty unclear about what's going to happen with the coins.

The remaining coins will remain in the development fund and will be used to pay engineers, producers, musicians and artists who agree to accept payment in XRC

What will you do with the unsold coins?

Good question. Also, how many coins have been sold? they will be avail for 2 more days, correct?

Yes, RhinoCoin [XRC] will be available at www.rhinocoin.org until tomorrow midnight

[RhinoCoin]

questions from someone new to this coin to others in this discussion thread who've been more closely following it:
could anyone summarise what's special about it?

were basic aspects ready at launch - wallet, blockexplorer, website, whitepaper and/or features, etc. - or is the [ANN] promise-heavy?
have the devs delivered on their promises?
Any hidden problems -
premines?
instamines?
well distributed? is there a rich list?
buggy code?
are these are hard core programmers, not "copy-paste" devs or middlemen? When bugs/fork challenge pop up, are they fixed quickly?
dev squabbles?
dev complacency?
missed deadlines?
any "proof of developer"? Is the entirte dev team anonymous -- and even if so, does it at least have a solid reputation here on bitcointalk?
How does the coin production/distribution setup provide insulation from the risk of massive miner/whale dumps? Is there an estimate out there of the max # of daily BTC trading volume that might be needed to absorb mined coins?
Anything to worry about?

When is the next significant development update (code, screenshots and/or whitepaper/proof-of-concept or something else?) expected to come out?

I would love to answer most of your questions but please read the full announcement on the 1st page of this thread: https://bitcointalk.org/index.php?topic=668572.0  All the details in the RhinoCoinXRC announcement have been well thought-out, scrutinized and vetted to the best of our ability. We have put a lot of work into this project and would appreciate if you read the announcement and check out the video https://www.youtube.com/watch?v=AaBsf1QLRM4 as they will most likely answer many if not all your questions or you might get a new idea or question that comes to mind.  Most importantly it is probably wise to do your own research before you invest in any crypto currency.

I have submitted myself and RhinoCoin XRC to the Proof-of-Developer project moderated by CryptoAsian and can be found here: http://cryptoasian.com/  This will hopefully alleviate you concerns about the Dev's.

[interupted]

Dude, do you just run around from coin to coin hitting copy/paste with that plethora of questions?   Its really getting old.

[rugrats]

Man, I'm struggling to understand why XRC is traded before the IPO is over.
And on C-Cex of all places?

[coine_smithe]

Man, I'm struggling to understand why XRC is traded before the IPO is over.
And on C-Cex of all places?

lol ya you can get it for below IPO price right now on C-Cex.

I'm struggling with this one. It seems good on paper, but given everything lately it's easy to see why people are skeptical of this. And the fact that you're keeping all the coins to pay for things. I mean I get that. But since only a tiny fraction - about 500K coins have been sold in the ICO mean you have approx. 97.5% of the coins in your control. In this scam environment I just can't invest in that. I wish you luck if you're serious though, I'll be watching the development.

[XNext]

Man, I'm struggling to understand why XRC is traded before the IPO is over.
And on C-Cex of all places?

https://i.imgur.com/2WOw1w8.gif

lol ya you can get it for below IPO price right now on C-Cex.

I'm struggling with this one. It seems good on paper, but given everything lately it's easy to see why people are skeptical of this. And the fact that you're keeping all the coins to pay for things. I mean I get that. But since only a tiny fraction - about 500K coins have been sold in the ICO mean you have approx. 97.5% of the coins in your control. In this scam environment I just can't invest in that. I wish you luck if you're serious though, I'll be watching the development.

HAHA.
The price is below ICO.lol.
I have sold all my stakes.

[RhinoCoin]

Man, I'm struggling to understand why XRC is traded before the IPO is over.
And on C-Cex of all places?

I did not ask to have RhinoCoin listed on C-Cex.  I was sent a message from C-Cex after it was listed.  If people are buying or selling coins it is everyone's choice, there is not much I can do about it. 

I do feel it is good that people and exchanges are showing interest in RhinoCoin and what we are offering to the crypto community.  I have no doubt that the interest in XRC and our following will grow as people follow our progress and developments

[rugrats]

Man, I'm struggling to understand why XRC is traded before the IPO is over.
And on C-Cex of all places?

I did not ask to have RhinoCoin listed on C-Cex.  I was sent a message from C-Cex after it was listed.  If people are buying or selling coins it is everyone's choice, there is not much I can do about it. 

I do feel it is good that people and exchanges are showing interest in RhinoCoin and what we are offering to the crypto community.  I have no doubt that the interest in XRC and our following will grow as people follow our progress and developments

Wow. What a cop out.

If you had no part in the listing, you could have told C-Cex to stop.
You could've explained that the IPO is not over yet, and that it wouldn't be fair to your investors.
Instead, you included C-Cex in your thread title. That suggests complicity.

Have you seen the prices at C-Cex? One guy bought at 0.0001598BTC per XRC. That's a 60 percent premium.
What about those who bought at 0.000093BTC, lower than the IPO price.

Do you think that's fair to your investors? If you don't protect your investors, who will?
Bottom line: Your investors were screwed.

I really hoped XRC would be different. SSDD.
I'm out.


Oh, and C-Cex will list anyone they can. After all, they have debts to pay (although I haven't seen them paying anyone yet.)

[RhinoCoin]

Yesterday the skyhook was installed at RhinoCoin Recording.  I will post a picture later today.

RhinoCoin was also added to "Proof-of-Dev" and received a rating of 4+/5 you can find the link and review here:

http://cryptoasian.com/wp-content/uploads/2014/07/PODtopbanner.jpg

[RhinoCoin]

Have you seen the prices at C-Cex? One guy bought at 0.0001598BTC per XRC. That's a 60 percent premium.
What about those who bought at 0.000093BTC, lower than the IPO price.

Do you think that's fair to your investors? If you don't protect your investors, who will?
Bottom line: Your investors were screwed.

The IPO price was actually lower than that during the first 3 weeks
Week 1-2 Incentive – 20% RhinoCoin XRC Bonus (1XRC = 0.00008333 btc)
Week 3 Incentive – 10% RhinoCoin XRC Bonus    (1XRC = 0.00009091 btc)

Also if someone bought XRC on the exchange for more how are the IPO investors screwed ?

[EBK1000]

If you keep most of the coins yourself the value will be lower and there will be no trust

[RhinoCoin]

Skyhook Installed

https://i.imgur.com/6rf6loB.jpg?1

https://i.imgur.com/9ra66p6.jpg?1

https://i.imgur.com/i73fF4l.jpg?1

[Vlizzjeffrey]

so you have 2000 btc from your IPO now? 1.1 MILLION DOLLARS?? WHY??

[rugrats]

Have you seen the prices at C-Cex? One guy bought at 0.0001598BTC per XRC. That's a 60 percent premium.
What about those who bought at 0.000093BTC, lower than the IPO price.

Do you think that's fair to your investors? If you don't protect your investors, who will?
Bottom line: Your investors were screwed.

The IPO price was actually lower than that during the first 3 weeks
Week 1-2 Incentive – 20% RhinoCoin XRC Bonus (1XRC = 0.00008333 btc)
Week 3 Incentive – 10% RhinoCoin XRC Bonus    (1XRC = 0.00009091 btc)

Also if someone bought XRC on the exchange for more how are the IPO investors screwed ?

Hmmm. The tone of your response here differs from the one in your PM.
Anyway, you've neglected to address the first part of my post.
As for the second part, people who purchased XRC from the exchange at a premium were screwed because they could've acquired it cheaper from your ICO.
Logically, coins at ICO stage should not be traded in the open market. Otherwise, what is the point in holding ICOs? Just so you can offload your own coins discreetly?

Meanwhile, your investors were screwed because
(i)They could've acquired XRC cheaper, even factoring your 1-3 week bonus (which they shouldn't, since those are bonuses).
(ii) The organic value of XRC were damaged by the premature launch. Barring a few instances (ISIS, Minerals and a couple of others), trading prices rarely go beyond the peak of the first couple of days.

Above all though, it is the principle of the matter. I shouldn't even have to explain this to you.
Not really interested to linger in this thread, but I felt a response was in order.

[IXC2XIC]

so you have 2000 btc from your IPO now? 1.1 MILLION DOLLARS?? WHY??

Wow?  Is this for real??? 

[Bitcycle]

The FTC is NOT a regulatory body in Canada.  As of this writing, the Unites States of America does not rule the entire world.  Although it may be looking pretty good for them right now, in Canada, we are still free to engage in activities not banned by our country of residence.  The proposal has been reviewed by Canadian legal council and is in compliance with regards to current Canadian law.  

What you are saying is to ignore Canadian Law, and getting advise from a US Lawyer on operations in a Foreign Land, which is preposterous.

RhinoCoin XRC is using a means of cryptographic exchange to track, manage and compensate the parties responsible for the decision making and running of operations of the RhinoCoin XRC Record Label.  Open your mind to a new world of Crypto Currencies backed by more than a network of computers, but real tangible goods and the ability to change/shake an industry.

This is an unfortunate response.  If you offer this investment plan to US citizens (which you seem to have done), the SEC is going to take an interest.  I'd much rather have heard that you've gotten legal advice about that and you have a plan for it, because it's going to happen. It has in other cases, and it will in this one too.

[Vlizzjeffrey]

so you have 2000 btc from your IPO now? 1.1 MILLION DOLLARS?? WHY??

Wow?  Is this for real???  

2000 bitcoin is 1.1 MILLION USD DOLLAR

edit: still 20 times less then etherium IPO, maybe i just dont understand it.

[MarkGonzalez]

any news?

[evli]

Hmmm ...

No new website .. no news ... but dev is here and someone buys everything below the ipo price.

[impulsecorp]

I now accept RhinoCoin, and 100 other cryptocurrencies, at my online florist at http://www.cheapflowers.com .  I have been taking bitcoin payments for the past 8 months, but only started accepting altcoins a few days ago.

[RhinoCoin]

WWW.RHINOCOIN.ORG

Thank You everyone for being patient. The new RhinoCoin XRC website is now LIVE!

RhinoCoin XRC is looking for artists to sign up for Community Sponsorship!!! SUBMIT YOUR PROJECT

You can also sign up for dividend payouts HERE!

The XRC Store and Artist Voting will be coming online later this month.
The Live Studio Stream will go live towards the end of the month.

[evli]

WWW.RHINOCOIN.ORG

Thank You everyone for being patient. The new RhinoCoin XRC website is now LIVE!

RhinoCoin XRC is looking for artists to sign up for Community Sponsorship!!! SUBMIT YOUR PROJECT

You can also sign up for dividend payouts HERE!

The XRC Store and Artist Voting will be coming online later this month.
The Live Studio Stream will go live towards the end of the month.

Very Good

[coinking]

WWW.RHINOCOIN.ORG

Thank You everyone for being patient. The new RhinoCoin XRC website is now LIVE!

RhinoCoin XRC is looking for artists to sign up for Community Sponsorship!!! SUBMIT YOUR PROJECT

You can also sign up for dividend payouts HERE!

The XRC Store and Artist Voting will be coming online later this month.
The Live Studio Stream will go live towards the end of the month.

Very Good

This looks very interesting, plus I can always use studio time

[Lovethecoins]

........anything?

[take_off]

Is this coin being left to die

[take_off]

Is this coin being left to die

I see RhinoCoin [XRC] is up for delisting on May, 3rd on ccex (only exchange i know of that trade it)
a post from the dev would be nice

[take_off]

Is this coin being left to die

I see RhinoCoin [XRC] is up for delisting on May, 3rd on ccex (only exchange i know of that trade it)
a post from the dev would be nice

HELLO

[take_off]

any news?

updates?

sign of life?

Is there still a developer attached?

[take_off]

Is this coin being left to die

I see RhinoCoin [XRC] is up for delisting on May, 3rd on ccex (only exchange i know of that trade it)
a post from the dev would be nice

DELISTED

[Lovethecoins]

Is this coin being left to die

I see RhinoCoin [XRC] is up for delisting on May, 3rd on ccex (only exchange i know of that trade it)
a post from the dev would be nice

DELISTED

Yeah he scammed us so he could support this other failing project.. Potcoin.. Two great scams thanks Richie!