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Author Topic: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!  (Read 12812 times)
SquareDev (OP)
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June 29, 2014, 08:30:25 PM
Last edit: July 01, 2014, 04:04:31 PM by SquareDev
 #1


Launch: 07/01/14 12 PM est

Countdown Timer

600 SQ bonus to the first user on page 10 of this thread!

Specs:

Algorithm: Scrypt
Max Coins: 5 000 000
ICPO Coins: 3 500 000
Launch Party Giveaway Coins: 4650 - Twitter followers will receive these coins on launch day! Re-tweeters will get 250 coins for each tweet they re tweet!
Coins per block: 150
Block halving rate: 5000
Target Spacing: 2 Minutes


Objective:


Our objective is to achieve price stability via a majority supply IPO (provided VIA Bittrex). 70 percent of the coin supply will be offered at 750 satoshis (well below market value for a 5 million coin supply).
This price will allow everyone a shot to purchase a stake below market value (as per price trends of comparable coins). As well, since a majority of the coins will hit the market out of the gates, the dreaded multi-pool dumps will be muted.

A major benefit to this IPO model is its security. We will only offer the coin IPO via a trusted third party exchange (Bittrex).

Part of the IPO will be reinvested into the project to help drive adoption.

WARNING: This coin will launch as a normal POW coin. We want ensure coin stability before offering the IPO coins. This means that the coin will be available on the exchange before the IPO. All buy orders above 750 satoshis will get filled as we will buy them up as we place the coins on the market to sell. Unless you are guaranteeing your IPO purchase (placing it so you don’t miss it), make sure to be mindful of your orders getting filled by the IPO coins.

NOTE: The Dev team will be prohibited from receiving a pre-mine. We will be required to purchase the coin via the Bittrex IPO the same as everyone else. We will offer a block explorer and allow everyone to see the transaction history of the IPO coins.



Proven Architecture:


The backbone will be designed around the Scrypt algorithm.  This architecture has demonstrated itself it be very reliable. In our opinion, successful payment systems need stability and reliability, and we feel Scrypt fits the bill.  



Community Driven – Professionally Managed:



We will be seeking members of the community to join the Square Foundation during the launch to support future development.  These are PAID roles as the level of commitment and support from these members will be crucial to the project’s success. We will pay in Square post launch, and pay specific BTC bounties for professionally developed resources (such as a block chain explorer, website, logo development etc).

Wallets
https://mega.co.nz/#!PZxCWbwI!EZYScl9kYd5w8xKBYv6zr22b77AMIh8Jv_9HB9lSx5c

addnode=54.194.99.126

Pools
http://square.coin-miners.info/ - Coin-Miners!  Cheesy
http://square.minerpools.com/ - Minerpools!  Grin
http://square.pool.mn/ - POOL.MN! Smiley
http://square.cryptoday.info/index.php?page=register Smiley

Exchanges
Bittrex - tweet and build up the hype Cheesy

Twitter
Twitter: https://twitter.com/squarecoindev

IRC
https://kiwiirc.com/client/irc.freenode.net/squarecoin

Block Explorer
http://sq.explorer.ssdpool.com:9019/

Source
https://github.com/squarecoin?tab=repositories - posted 30 seconds before launch for pool prep!

P2P port11070
RPC port21070
Block Maturity 120

Contact the Dev Team
 squarecoin@outlook.com


https://i.imgur.com/84lNY9s.png
Working well so far Smiley

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June 29, 2014, 08:36:06 PM
 #2

Watching. Looks interesting.
SquareDev (OP)
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June 29, 2014, 08:36:28 PM
 #3

Watching. Looks interesting.

Thanks!

mafia
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June 29, 2014, 08:50:20 PM
 #4

watching

thanks
SquareDev (OP)
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June 29, 2014, 09:28:13 PM
 #5

Calling on logo designers! We will pay for a good design. Post your best works on the thread!
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June 29, 2014, 09:51:20 PM
 #6

Watching
SquareDev (OP)
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June 29, 2014, 10:20:39 PM
 #7

Lets spark up some interest folks.  Cheesy
cryptoangel
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June 29, 2014, 10:28:55 PM
 #8

Scrypt is to hot for many. Good luck.

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Richard213
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June 29, 2014, 10:43:33 PM
 #9

take a spot

so how many total % that IPO things?
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June 29, 2014, 11:36:57 PM
 #10

Nice logo! Is the bounty already filled?
tuanvie
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June 29, 2014, 11:41:20 PM
 #11

I tried to participate in the logo Smiley


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SquareDev (OP)
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June 29, 2014, 11:41:33 PM
 #12

Nice logo! Is the bounty already filled?

Not yet! That was my design.. but I'm no expert.
SquareDev (OP)
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June 30, 2014, 12:10:43 AM
 #13

I tried to participate in the logo Smiley


Not bad!

Kinda looking for a square logo though.
ThatDandyMan
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June 30, 2014, 01:37:12 AM
 #14

Looking forward to see what you have to offer.
SquareDev (OP)
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June 30, 2014, 01:38:51 AM
 #15

Looking forward to see what you have to offer.

Thanks!
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June 30, 2014, 01:41:22 AM
 #16

Watching Smiley
SquareDev (OP)
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June 30, 2014, 01:57:53 AM
 #17

Watching Smiley

Sweet thanks!
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June 30, 2014, 04:16:26 AM
 #18

Hello,
thought I would help contribute to logo ideas...











Will take any suggestions  Grin

SquareDev (OP)
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June 30, 2014, 04:30:03 AM
 #19


Nice..
SquareDev (OP)
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June 30, 2014, 04:49:38 AM
 #20


As soon as we get some feedback I may have to pay you! Cheesy
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