Stellar gateway project IPO
Hello everyone,we are chinese dev team,who wanna found a gateway of Stellar payment network,but we need surport.We have 6 members in Germany&Shanghai&Fuzhou,all of them are excellent in Virtual Currency .Now here we launch an IPO which is necessary to run the project. All of the funds will be used to open the market.
Send your Stellar balance to the IPO Stellar address:
gZA3QwmsLLbaP5HPCXorQwLPmmhVam5wZ
IPO ended in September 1, 2014 at 8:00 AM (EST),
Allocation& profit:
We will launch the gateway 2~3 weeks after Stellar network launch.All of invester’s IPO balance would be share 70% profit in 1st year, 50% profit in 2nd year, 30% profit in 3rd year,which be divided in proportion of IPO. The management report will be open.The profit of allocation will be send to you in Stellar coin or BTC,so don’t forget reply your Stellar address and BTC address!!!
Team E-mail:
cnstellar@163.comOfficial website--
https://www.stellar.orgNow register you can get 6000 balance if you have a facebook account--
https://launch.stellar.org/#/register-------------------------------------------------------------
[Introducing Stellar]
Stellar is a decentralized protocol for sending and receiving money in any pair of currencies. This means users can, for example, send a transaction from their Yen balance and have it arrive in Euros, Yen, or even bitcoin. We’re expecting to support the usual categories of transactions: payments to a merchant, remittances back home, or rent splits with a roommate.
You can hold a balance with a gateway, which is any network participant you trust to accept a deposit in exchange for credit on the network. Stellar also comes with a built-in digital currency, referred to as the stellar, which we’re giving away for free. The currency will have value (as determined by the market); however, its primary function is providing a conversion path between other currencies.
We hope that people will build applications on top of Stellar to help bridge the gap between digital and traditional currencies.
[Development]
We’re developing Stellar as part of a nonprofit organization, the Stellar Development Foundation. The code is open-source, and anyone is welcome to join the project. If you’re interested in following Stellar development or helping us build the network, just jump into our IRC room (#stellar-dev on Freenode), or browse our forum. You can start building applications on top of Stellar now; see Stellar Client (the code behind our hosted web client) or Stellar Viewer (the code behind the account viewer) for some working examples.
The following are some of the people involved (see our about page for a complete list):
· Stellar Development is led by Jed McCaleb (resuming development of the open-source technology he created at Ripple) and Professor David Mazières (head of Stanford’s Secure Computer Systems group, creator of SFS and bcrypt).
· The Foundation is led by Joyce Kim as Executive Director (former attorney and VC with public interest experience).
· The Foundation’s board is Keith Rabois (early Paypal, former COO at Square), Patrick Collison (CEO of Stripe), and Jed McCaleb.
· The Foundation is advised by Dan Kaminsky, Joi Ito, Ronaldo Lemos, Linda Stone, Sam Altman,Naval Ravikant, Jackson Palmer, Greg Stein, and Matt Mullenweg.
· Stripe has provided initial funding to help get the network off the ground.
[The currency]
We provide an open-source hosted web client, where the keys are encrypted client-side to your password so we don’t have access to your funds. The supply of stellar will increase at 1% per year.
The network has been initialized with a supply of 100 billion stellars. 5% will be used to fund operations of the nonprofit (its spending, including employee compensation, will be public), and the remaining 95% of the stellars will be distributed for free as quickly as we can manage. We want anyone to be able to get onto the network, and we’re correspondingly going to apportion the giveaway as follows (see our mandate for more details):
· 50% of the total will be distributed to people who sign up for an account.
· 25% will be distributed by other nonprofits focused on financial inclusion.
· 20% will be given to current Bitcoin and Ripple holders—two systems that Stellar owes a lot to.
We’re starting the main giveaway now. Note that we’re still ensuring the stability of our own systems, so we may have to limit the rate of stellar distribution at first.
