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Author Topic: [ANN] [CLD] XCloudcoin | Profit Share | XCloudIM | 1 Million coins  (Read 113768 times)
digiguy
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August 10, 2014, 08:15:02 AM
 #321

people be careful
gagalady
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August 10, 2014, 08:16:25 AM
 #322

i have a question for DEV i saw a post where you mentioned 3.85million coins destroyed and now there are 1 million left. i was wondering does that inc the 150k premine or is the total 1.15million thanks

150,000 CLD will be allocated for bounties. (3%) (with the initial 5m) (we have to wait in till the end of the ico to see what amounts get destroyed for a final %)

the coins have been reduced to 1.15million so the premine would be worth 13%

Yes, the premine distribution will be run by Xcloudcoin Foundation (luckily i was part of). We have to approved the spending before the devs can use it. FYI. We did our first approval for publishing an article on major news organizations next week and the business plan will be released too.

see their distribution

20% Xcloudcoin signup bonus program
30% Promotional Campaign
50% operational costs
AbiusGMIU
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August 10, 2014, 08:16:55 AM
 #323

This is a coin that will revolutionize the scene. One of those coins that other devs try to recreate but simply can't. Bought some before everyone wakes up.
Wolf Rainer
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August 10, 2014, 08:17:03 AM
 #324

people be careful

With what?
interupted
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August 10, 2014, 08:17:56 AM
 #325

The 150k was used as collateral for the 25k loan they received from what I remember, so that was a fixed number.


edit, unless I'm getting this mixed up with another coin..  it is late lol

Wolf Rainer
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August 10, 2014, 08:18:28 AM
 #326

i have a question for DEV i saw a post where you mentioned 3.85million coins destroyed and now there are 1 million left. i was wondering does that inc the 150k premine or is the total 1.15million thanks

150,000 CLD will be allocated for bounties. (3%) (with the initial 5m) (we have to wait in till the end of the ico to see what amounts get destroyed for a final %)

the coins have been reduced to 1.15million so the premine would be worth 13%

the word pre-mine is not even used in the OP, should i be worried. 13% is a pretty heavy premine

At this moment are only 13 btc, so if the dev dumps it the price it´s only going to 15000.
EtherCoin
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August 10, 2014, 08:19:39 AM
 #327

"Be careful guys" > With a heavy premined coin.

I kind of like the idea but will pass on this one, invested heavily in VIA and RZR already this week.

Will watch this one from the other side of the barrier, eating popcorn, wish you guys the best!

Eth.
broadsword
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August 10, 2014, 08:19:56 AM
 #328

this is the op post

"Algorithm: PoS/X11
Ticker:CLD
Coin Name: Xcoudcoin
Total coins: 5,000,000 - 3,850,000 CLD will be destroy, New Total 1,150,000
Proof of Stake Reward:  1%
Block Time:  60 seconds
Coin Maturity: 50 blocks
Min Coin Age: 6 hours
Coin Age Maturity: 30 days
Min Tx Fee: 0.0001 CLD
"

"150,000 CLD will be allocated for bounties. (3%) (with the initial 5m) (we have to wait in till the end of the ico to see what amounts get destroyed for a final %)
4,850,000 CLD will be allocated for the ICO. (97%) 3,850,000 CLD will be destroy. New Total amount 1,000,000
We are proud to announce that bittrex.com have agreed to host XCloudcoin ICO after we met their requirements. "

the word pre-mine has not been used once, im taking a back seat. 150k pre-mine coins plus 100btc ipo. good luck
gagalady
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August 10, 2014, 08:20:17 AM
 #329

i have a question for DEV i saw a post where you mentioned 3.85million coins destroyed and now there are 1 million left. i was wondering does that inc the 150k premine or is the total 1.15million thanks

150,000 CLD will be allocated for bounties. (3%) (with the initial 5m) (we have to wait in till the end of the ico to see what amounts get destroyed for a final %)

the coins have been reduced to 1.15million so the premine would be worth 13%

the word pre-mine is not even used in the OP, should i be worried. 13% is a pretty heavy premine

At this moment are only 13 btc, so if the dev dumps it the price it´s only going to 15000.

LOL.. i dont think they will dump anything. They have demonstrated that have the funds necessary to run this coin without premine.
Youghoor
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August 10, 2014, 08:21:28 AM
 #330


careful in which respect.
AbiusGMIU
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August 10, 2014, 08:24:36 AM
 #331

Fudders working over time. Time to sit back and watch it rise  Shocked
xcloudcoin
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August 10, 2014, 08:26:04 AM
 #332

Re-Post

The premine percentage will be changed after the ICO ended to reflect the actual number of coins sold on Bittrex. However the number of the premine will still remain at 150,000 because that was the number used by private investors to assesed the future value of XCloudcoin File Hosting Share.

Xcloud is not purely an investment or hoarders coin, we expect people to buy the coins on the market for payment of our Coud Storage Services. The Initial Coin Offering was used as a price mechanism in determing the price structure of XCloudcoin Storage Services and to further stabilized the price we decided to remove the mining parameters from the coin specifications. XCloudcoin Plan will be backed by the ICO price which will be adjusted periodic on average market price.


What to expect next-week

In order to market to the wider business community we will be expanding our marketing campaign to include: reddit, youtube, major media outlets and other means of advertisement. This is a part of our commitment to bring more people into the XCloud community and add continual value to XClouds services.

Wolf Rainer
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August 10, 2014, 08:26:30 AM
 #333

To 30000! Fuck, i missed the train.
broadsword
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August 10, 2014, 08:28:03 AM
 #334

i have a question for DEV i saw a post where you mentioned 3.85million coins destroyed and now there are 1 million left. i was wondering does that inc the 150k premine or is the total 1.15million thanks

150,000 CLD will be allocated for bounties. (3%) (with the initial 5m) (we have to wait in till the end of the ico to see what amounts get destroyed for a final %)

the coins have been reduced to 1.15million so the premine would be worth 13%

the word pre-mine is not even used in the OP, should i be worried. 13% is a pretty heavy premine

At this moment are only 13 btc, so if the dev dumps it the price it´s only going to 15000.

if dev dumps its game over no dev no coin.

The 150k was used as collateral for the 25k loan they received from what I remember, so that was a fixed number.

so at 100,000 sats that 150k would be $88,000 very risky
InitialDat
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August 10, 2014, 08:30:28 AM
 #335

I wouldn't worry too much about that. They have a billion dollar idea...
dminer69 (OP)
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August 10, 2014, 08:31:51 AM
 #336

For peace of mind XCloud Data Group is willing to transfer the funds to escrow or the foundation after verification
Youghoor
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August 10, 2014, 08:32:55 AM
 #337

For peace of mind XCloud Data Group is willing to transfer the funds to escrow or the foundation after verification

that will gain some trust if they use escrow.
ereborltc
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August 10, 2014, 08:33:45 AM
 #338

For peace of mind XCloud Data Group is willing to transfer the funds to escrow or the foundation after verification
A+

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interupted
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August 10, 2014, 08:35:49 AM
 #339

as far as I know, we have 4 days after ICO over before bittrex will release the funds even IF they did dump.. soooo 3 or 4 days of worry free trading lol

youngmike
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August 10, 2014, 08:37:12 AM
 #340

I don't believe that dev is that stupid to dump all at once and drop the price. He might sell some of his coins in small amounts as price continues to climb.
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