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

[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.

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[1715343211]

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[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