[ANN][Checkcoin] Explore the world using Checkcoin [PR PHASE]

[waxo]

Hi devteam ,

100M COIN in total , 14M on sell at 1000 SAT ? don't you think this a bet to much ? i personally think that 500 Sat will be better ....
What gonna happen if you just sell just a little bet ? now you have sold around 600K CKC .....
the coins how has not been sold will be integrated to the mining phase ?

How did you make your decision about the distribution ?

THx .

[susu]

500sat  is a good price

[Tony Lane]

500sat  is a good price

I have to agree that 500 sats is proabably the sweet spot, unless you're coming to the table with signed contracts showing that agreements are already in place for roll-out in the real world. Take a look at a coin like Flex, which has 4/5 P.O.D., but is still struggling to get over 80 sats!

I love this coin and now have 38K in total. In an ideal world I think it's undervalued even at 1000 sats, but the market has radically changed in the last few weeks and people are less and less likely to take risks on new coins with promises of great things in the future.

[poornamelessme]

Apologies in advance if this has been mentioned already (assume it probably has) ...

What date will the IPO end?
What will be done with the leftover coins? Destroyed or distributed proportionally? Or something else?

[ObscureBean]

Apologies in advance if this has been mentioned already (assume it probably has) ...

What date will the IPO end?
What will be done with the leftover coins? Destroyed or distributed proportionally? Or something else?

The ICO will last a full month and should be ending in approximately 9-10 days (by my calculation). It has been confirmed that any coins left over from the ICO will be destroyed by C-CEX admins. Also if at the end of the ICO month, the required funds have not been raised, ICO investors will be given the option to have their BTC refunded. Or they can choose to stay invested. The project will continue no matter what but development might be a little slower. Seriously man, this project might be low key atm but if you're looking for a safe long-term investment with huge potential, this is probably your best bet

[poornamelessme]

Apologies in advance if this has been mentioned already (assume it probably has) ...

What date will the IPO end?
What will be done with the leftover coins? Destroyed or distributed proportionally? Or something else?

The ICO will last a full month and should be ending in approximately 9-10 days (by my calculation). It has been confirmed that any coins left over from the ICO will be destroyed by C-CEX admins. Also if at the end of the ICO month, the required funds have not been raised, ICO investors will be given the option to have their BTC refunded. Or they can choose to stay invested. The project will continue no matter what but development might be a little slower. Seriously man, this project might be low key atm but if you're looking for a safe long-term investment with huge potential, this is probably your best bet

Thanks for the info.

Low key is fine with me, and actually preferred. High profile ICOs aren't necessarily where people make the most money. I wouldn't call any ICO a safe investment though... or any crypto for that matter. It's always a gamble.

The fact that mining occurs after the ICO is over (unless something was changed from the 1st page), is a bit worrisome. ICO + mining tends to be a bad mix, for obvious reasons.

[ObscureBean]

Apologies in advance if this has been mentioned already (assume it probably has) ...

What date will the IPO end?
What will be done with the leftover coins? Destroyed or distributed proportionally? Or something else?

The ICO will last a full month and should be ending in approximately 9-10 days (by my calculation). It has been confirmed that any coins left over from the ICO will be destroyed by C-CEX admins. Also if at the end of the ICO month, the required funds have not been raised, ICO investors will be given the option to have their BTC refunded. Or they can choose to stay invested. The project will continue no matter what but development might be a little slower. Seriously man, this project might be low key atm but if you're looking for a safe long-term investment with huge potential, this is probably your best bet

Thanks for the info.

Low key is fine with me, and actually preferred. High profile ICOs aren't necessarily where people make the most money. I wouldn't call any ICO a safe investment though... or any crypto for that matter. It's always a gamble.

The fact that mining occurs after the ICO is over (unless something was changed from the 1st page), is a bit worrisome. ICO + mining tends to be a bad mix, for obvious reasons.

My bad, I meant safe as in 'not scam' not 'guaranteed roi'
I don't think mining after ICO will be a problem, initial block reward is pretty small for the total number of coins which means this coin will be quite hard to mine. And with the ICO price down to 1000 sat, it should be fairly balanced at launch.

Hi devteam ,

140M COIN in total , 14M on sell at 1000 SAT ? don't you think this a bet to much ? i personally think that 500 Sat will be better ....
What gonna happen if you just sell just a little bet ? now you have sold around 600K CKC .....
the coins how has not been sold will be integrated to the mining phase ?

How did you make your decision about the distribution ?

THx .

I don't think that lowering ICO price to 500 sat is a good idea. It's already pretty cheap as it is. If you check the coin stats, this coin is hard to mine, less than 15,000 coins will be mined in one day. At 500 sat, 15,000 coins is only worth about 0.074 BTC. I think 1k sat is a reasonable price.

The unsold coins from the ICO will not be integrated into mining, they will be destroyed.

[BitsendInc]

Hi all,

We just wanted to let you know that we are getting closer to finishing our Proof of Developer Analysis. We made a video for Cryptoasian yesterday evening and expect more news on this today.

Bitsend

[Gizfreak]

Hi all,

We just wanted to let you know that we are getting closer to finishing our Proof of Developer Analysis. We made a video for Cryptoasian yesterday evening and expect more news on this today.

Bitsend

Good news. Keep up the good work  

[waxo]

Hi all,

We just wanted to let you know that we are getting closer to finishing our Proof of Developer Analysis. We made a video for Cryptoasian yesterday evening and expect more news on this today.

Bitsend

that's perfect , i would probably buy more i guess

[Tony Lane]

Hi all,

We just wanted to let you know that we are getting closer to finishing our Proof of Developer Analysis. We made a video for Cryptoasian yesterday evening and expect more news on this today.

Bitsend

that's perfect , i would probably buy more i guess

Good work. Will give you great PR.

[poornamelessme]

Hi all,

We just wanted to let you know that we are getting closer to finishing our Proof of Developer Analysis. We made a video for Cryptoasian yesterday evening and expect more news on this today.

Bitsend

Are you getting trust rated by coins source too?

[waxo]

i have the feeling that the community will get involved in CKC very soon...

I really hope that you are going to sell more coins of Ccex.

A real project with a real team , what else ? 

[BitsendInc]

i have the feeling that the community will get involved in CKC very soon...

I really hope that you are going to sell more coins of Ccex.

A real project with a real team , what else ?  

We will be introducing a community manager to you guys soon, he or she will spend most of their time working on creating a healthy community around Checkcoin. Keeping everybody updated using our own website, blog, reddit and irc channels.

We think that a Proof of Development Analysis will attract some new investors to C-CEX and Checkcoin. We have already spoken to several companies that are already helping us with development and testing. This, combined with the fact that we are a healthy company and are always able to use some company funding, we do not solely rely on our ICO to sell out. Over the last couple of weeks we have already made some big steps. Also we are starting to notice that more of our people are spending extra working hours (and free time) in this project. If our ICO succeeds they will be able to really focus on Checkcoin allowing us to move to phase 2-3 a bit faster.

In any case, we will always keep moving forward!

[Gizfreak]

We will be introducing a community manager to you guys soon, he or she will spend most of their time working on creating a healthy community around Checkcoin. Keeping everybody updated using our own website, blog, reddit and irc channels.

Really looking forward to this and ofcourse a healthy interaction between the manager and the community. *thumbs up*
Btw I already informed the Altcoin Herald about this promising project

[ObscureBean]

i have the feeling that the community will get involved in CKC very soon...

I really hope that you are going to sell more coins of Ccex.

A real project with a real team , what else ?  

We will be introducing a community manager to you guys soon, he or she will spend most of their time working on creating a healthy community around Checkcoin. Keeping everybody updated using our own website, blog, reddit and irc channels.

We think that a Proof of Development Analysis will attract some new investors to C-CEX and Checkcoin. We have already spoken to several companies that are already helping us with development and testing. This, combined with the fact that we are a healthy company and are always able to use some company funding, we do not solely rely on our ICO to sell out. Over the last couple of weeks we have already made some big steps. Also we are starting to notice that more of our people are spending extra working hours (and free time) in this project. If our ICO succeeds they will be able to really focus on Checkcoin allowing us to move to phase 2-3 a bit faster.

In any case, we will always keep moving forward!

That's an excellent idea! It will definitely be good for new people checking out the thread to have somebody on here more often. Nice to hear the PoD will be ready soon.
Don't forget to tweet any announcements you make, Twitter has a huge crypto community and is one of the best ways to reach more people.

[hitchcoin]

https://twitter.com/CryptoAsian/status/509568195519188992



gj guys!

[burningzoul]

https://twitter.com/CryptoAsian/status/509568195519188992



gj guys!

Now start getting some investors!Spread the word, hire a coin PR company if you are not able by your own. I have been watching this thread from day 1. Waiting to put a good amount in, but I am waiting for at least half of the IPO to be sold so I know you guys will go through with your project as fast as possible. I want to put some crazy checkpoints.

[BitsendInc]

small update: We have completed our proof of developer analysis and are now displayed on cryptoasian.com.

see: http://cryptoasian.com/ckc-checkcoin/

Bitsend

[studio1one]

I find myself in an odd catch 22 position here. Keen to invest in this coin but concerned if not enough ipo coins sell there won't be the investment from the devs. So waiting for coins to sell before buying.  I'm sure I'm not the of one. Not selling purely because it's not selling