BANKSYCOIN TO BECOME WORLDS FIRST ART BACKED CRYPTOCURRENCY

[banksycoin]

Hey people,

Banksycoin (BSY) is set to become the world’s first and only cryptocurrency to be backed by physical artwork.

If you haven't yet heard of Banksycoin please check out our launch thread- https://bitcointalk.org/index.php?topic=684008.0

We are currently working on building a large portfolio of artworks from up and coming artists which BSY investors will be able to swap for their BSY if they so wish.
Investors will be able to trade their BSY for artwork at a fixed USD value to add stability to the market. The value will be 0.03 USD. So for example- If you want a piece of artwork that is worth 3000 USD you will need to trade in 100,000 BSY. This fixed rate will remain stable regardless of BSY actual dollar value. This also means that early investors are set to make a substantial profit on their investments.
Investors must hold a minimum of 2000 USD worth of BSY to be eligible to trade for art.

This is essentially a double barrel investment as BSY investors will be investing into an up and coming cryptocurrency and also into new and upcoming artists.

Updates on this project will be announced in the coming week

We have already raised substantial funding through a private investor towards this project but we are looking for more investors to help build our art portfolio. If you are interested in helping to fund this project please visit our startjoin project page- https://www.startjoin.com/banksyart

[SecondsOld]

This will only appeal to a very limited niche market.

[IanFoxley]

Hey people,

Banksycoin (BSY) is set to become the world’s first and only cryptocurrency to be backed by physical artwork.

If you haven't yet heard of Banksycoin please check out our launch thread- https://bitcointalk.org/index.php?topic=684008.0

We are currently working on building a large portfolio of artworks from up and coming artists which BSY investors will be able to swap for their BSY if they so wish.
Investors will be able to trade their BSY for artwork at a fixed USD value to add stability to the market. The value will be 0.03 USD. So for example- If you want a piece of artwork that is worth 3000 USD you will need to trade in 100,000 BSY. This fixed rate will remain stable regardless of BSY actual dollar value. This also means that early investors are set to make a substantial profit on their investments.
Investors must hold a minimum of 2000 USD worth of BSY to be eligible to trade for art.

This is essentially a double barrel investment as BSY investors will be investing into an up and coming cryptocurrency and also into new and upcoming artists.

Updates on this project will be announced in the coming week

We have already raised substantial funding through a private investor towards this project but we are looking for more investors to help build our art portfolio. If you are interested in helping to fund this project please visit our startjoin project page- https://www.startjoin.com/banksyart

So are you saying right now, that 100 000 BSY coins can buy you a 3000 USD piece of artwork or sometime when the coins value changes as at the moment 100 000 BSY coins can be had relatively cheaply as people are selling BSY at 14 satoshi etc..

[DougB62]

This will only appeal to a very limited niche market.

Yes - but quite possibly a very well funded and highly liquid one... 

[SecondsOld]

This will only appeal to a very limited niche market.

Yes - but quite possibly a very well funded and highly liquid one... 

That likes to pay with CASH 

[IanFoxley]

I noticed that Max Keiser is one of your backers already. Interesting!

[banksycoin]

quote author=IanFoxley link=topic=720253.msg8135642#msg8135642 date=1406897835]

Hey people,

Banksycoin (BSY) is set to become the world’s first and only cryptocurrency to be backed by physical artwork.

If you haven't yet heard of Banksycoin please check out our launch thread- https://bitcointalk.org/index.php?topic=684008.0

We are currently working on building a large portfolio of artworks from up and coming artists which BSY investors will be able to swap for their BSY if they so wish.
Investors will be able to trade their BSY for artwork at a fixed USD value to add stability to the market. The value will be 0.03 USD. So for example- If you want a piece of artwork that is worth 3000 USD you will need to trade in 100,000 BSY. This fixed rate will remain stable regardless of BSY actual dollar value. This also means that early investors are set to make a substantial profit on their investments.
Investors must hold a minimum of 2000 USD worth of BSY to be eligible to trade for art.

This is essentially a double barrel investment as BSY investors will be investing into an up and coming cryptocurrency and also into new and upcoming artists.

Updates on this project will be announced in the coming week

We have already raised substantial funding through a private investor towards this project but we are looking for more investors to help build our art portfolio. If you are interested in helping to fund this project please visit our startjoin project page- https://www.startjoin.com/banksyart

So are you saying right now, that 100 000 BSY coins can buy you a 3000 USD piece of artwork or sometime when the coins value changes as at the moment 100 000 BSY coins can be had relatively cheaply as people are selling BSY at 14 satoshi etc..
[/quote]

Hi,

You will not be able to trade in your coins until we actually launch the project. We are still currently building our art portfolio and hoping for some further funding. Full details of the project will be announced soon  [

[AminerMiner]

aaah thé ..announced soon... coming soon. .soon available part. is soooo giving me great hopes...
seems to be a new trend.. 

 

[djm34]

Hey people,

Banksycoin (BSY) is set to become the world’s first and only cryptocurrency to be backed by physical artwork.

If you haven't yet heard of Banksycoin please check out our launch thread- https://bitcointalk.org/index.php?topic=684008.0

We are currently working on building a large portfolio of artworks from up and coming artists which BSY investors will be able to swap for their BSY if they so wish.
Investors will be able to trade their BSY for artwork at a fixed USD value to add stability to the market. The value will be 0.03 USD. So for example- If you want a piece of artwork that is worth 3000 USD you will need to trade in 100,000 BSY. This fixed rate will remain stable regardless of BSY actual dollar value. This also means that early investors are set to make a substantial profit on their investments.
Investors must hold a minimum of 2000 USD worth of BSY to be eligible to trade for art.

This is essentially a double barrel investment as BSY investors will be investing into an up and coming cryptocurrency and also into new and upcoming artists.

Updates on this project will be announced in the coming week

We have already raised substantial funding through a private investor towards this project but we are looking for more investors to help build our art portfolio. If you are interested in helping to fund this project please visit our startjoin project page- https://www.startjoin.com/banksyart

backed up by physical artwork and not even a logo 
That's a good start 

[banksycoin]

Hey people,

Banksycoin (BSY) is set to become the world’s first and only cryptocurrency to be backed by physical artwork.

If you haven't yet heard of Banksycoin please check out our launch thread- https://bitcointalk.org/index.php?topic=684008.0

We are currently working on building a large portfolio of artworks from up and coming artists which BSY investors will be able to swap for their BSY if they so wish.
Investors will be able to trade their BSY for artwork at a fixed USD value to add stability to the market. The value will be 0.03 USD. So for example- If you want a piece of artwork that is worth 3000 USD you will need to trade in 100,000 BSY. This fixed rate will remain stable regardless of BSY actual dollar value. This also means that early investors are set to make a substantial profit on their investments.
Investors must hold a minimum of 2000 USD worth of BSY to be eligible to trade for art.

This is essentially a double barrel investment as BSY investors will be investing into an up and coming cryptocurrency and also into new and upcoming artists.

Updates on this project will be announced in the coming week

We have already raised substantial funding through a private investor towards this project but we are looking for more investors to help build our art portfolio. If you are interested in helping to fund this project please visit our startjoin project page- https://www.startjoin.com/banksyart

backed up by physical artwork and not even a logo 
That's a good start 

Not even a logo? Please check out our launch thread https://bitcointalk.org/index.php?topic=684008.0 and website www.banksycoin.co.uk for more information

[AminerMiner]

lol could make those (site and logo)in a few hours.. not much effort needed. but maybe thats just me.

it just smells lil fishy.. newbie account.. simple site.. lots of promises.. but again.. maybe thats just me!!!

[IanFoxley]

lol could make those (site and logo)in a few hours.. not much effort needed. but maybe thats just me.

it just smells lil fishy.. newbie account.. simple site.. lots of promises.. but again.. maybe thats just me!!!

What are you going on about, Banksycoin has been out a few weeks already, and people have been mining coins already.
There was a giveaway just the other week with people getting tonnes of free coins.

It is probably because people are too focused on other coins at the moment to notice this one slip through.

Why not download the wallet, you can tell just by looking at that, its not something someone just made up in a hurry. It even comes with a built in block explorer, not seen many coin wallets with
that included.

Just saying!

Ian

[CryptoClub]

This will only appeal to a very limited niche market.

Oddly, I am an art dealer and a cryptocurrency trader/reviewer. Sort of love the idea, if it is legit. The one celebrity name you can steal, and he won't care!

[roslinpl]

I noticed that Max Keiser is one of your backers already. Interesting!

Max Keiser is indeed one of the backers. Perhaps he know what he's doing soI think this is very worth to follow.

Regards.

[layer1gfx]

I noticed that Max Keiser is one of your backers already. Interesting!

Max Keiser is indeed one of the backers. Perhaps he know what he's doing soI think this is very worth to follow.

Regards.

you have a link by a chance? with all the vip's love for art and banksy there should be more names added soon. twinklevoss bro's maybe?

[IanFoxley]

I noticed that Max Keiser is one of your backers already. Interesting!

Max Keiser is indeed one of the backers. Perhaps he know what he's doing soI think this is very worth to follow.

Regards.

you have a link by a chance? with all the vip's love for art and banksy there should be more names added soon. twinklevoss bro's maybe?

Yes, was the link that was posted on the OP.
https://www.startjoin.com/backers/project/banksyart

If you look under backers, then you can see who has backed the project so far.

[layer1gfx]

1 x Banksycoin Investor Start Package

i am selling an exclusive "art dealer package" containing 100,000 BSY that would be soon worth up to 3000 USD for the investors who are serious about trading art with crypto.

any questions please PM