[ANN][USE] UseCoin » X13 | 10+ Ghash | BITTREX | UseMarket Launching in 24 hrs!

[ShameOnYou]

I'm not sure will manage to raise much BTC from your IPO, your 7 days pow mining of 5m coins will be dumped on the market so no one wants to buy at the IPO.

It would be smarter to extend the pow period to prevent miners from dumping at a lower rate.

This is something we are highly considering now. Thank your for your insight.

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[ObscureBean]

I'm not sure will manage to raise much BTC from your IPO, your 7 days pow mining of 5m coins will be dumped on the market so no one wants to buy at the IPO.

It would be smarter to extend the pow period to prevent miners from dumping at a lower rate.

This is something we are highly considering now. Thank your for your insight.

Yea I agree, it would be better if you extend the the mining days by quite a bit too and make the coin a little harder to get. Otherwise dumping from miners could damage the value beyond repair and put IPO investors at a serious disadvantage. If the coin is easy to mine and accumulate, nothing will prevent miners from dumping at prices well below the 1000 sat value from the IPO.
On a different note, I'm glad you were able to get a trusted escrow and lowering the minimum stake was definitely a good move  
If all goes well, I'll invest some BTC before the end of the first week  
Keep up the good work!

[dandruff1138]

As soon as a few sell orders go through I will be investing now that there is a trusted escrow. Thank you developers! In the meantime...

[unlock.mk]

   




     

[ShameOnYou]

Amazing logo designs, both submissions are great. We can hold a short community voting for the new logo and the winner will be awarded the bounty, how's that sound?

We will be making some changes to the coin, as well as distribution period to make it more fair for early investors who invest in the pre-sale.

We were thinking 3—4 weeks pow up from the original 1 week period? What do you guys think? Your feedback is highly appreciated as we want to deliver a coin that the community is happy with. Help us build the coin you want, voice your opinion!

[unlock.mk]

Logo is not central thing that community has to be involved.
Dev can just choose a logo that he likes.
Logo contest is not something that we need to be focused now.
It is coin development.
b.t.w most of the votings on this forum has failed, so i do not recommend voting at all.

[unlock.mk]

   


       

[ShameOnYou]

Thanks for the submissions, we will just choose the most suitable one internally then.

We are now working on making minor changes to the code to extend PoW period.

We have also decided to take approximately 10% of the PoW coins (500,000 USE) and put it towards free distribution (500-1000 USE per member who signs up) to help get our coin out there and known by the community.

[ShameOnYou]

PoW Distribution updated. Please let us know what you think about these changes. It should be much more fair for early investors.

Update August 13, 2014: We have decided to revise our PoW distribution model to further benefit early investors and maintain better price stability.Increasing the PoW period will help prevent large mining farms from being able to dump large amounts of coins in a short period of time. Below are a few bullet points outlining the changes we've made:

• PoW Coins Reduced to 4,540,000 (Down from 5,040,000), the 500,000 coins will be given out in free distribution
• PoW Period has been extended to approximately 4 weeks (up from 1 week)
• Proof of Work phase will officially begin on August 19th @ 6PM EST (unchanged)
• IPO/Presale coin amount remains unchanged
• PoS interest and staking periods remain unchanged

[dandruff1138]

PoW Distribution updated. Please let us know what you think about these changes. It should be much more fair for early investors.

Update August 13, 2014: We have decided to revise our PoW distribution model to further benefit early investors and maintain better price stability.Increasing the PoW period will help prevent large mining farms from being able to dump large amounts of coins in a short period of time. Below are a few bullet points outlining the changes we've made:

• PoW Coins Reduced to 4,540,000 (Down from 5,040,000), the 500,000 coins will be given out in free distribution
• PoW Period has been extended to approximately 4 weeks (up from 1 week)
• Proof of Work phase will officially begin on August 19th @ 6PM EST (unchanged)
• IPO/Presale coin amount remains unchanged
• PoS interest and staking periods remain unchanged

Looks great. Just put in for a share!

[ShameOnYou]

Cool! Feedback from potential miners would be great as well 

[ocminer]

i'm in too !

Pool URL can be found at the OP as soon as the Dev adds it or in my twitter (see sig) be sure to follow !

[dandruff1138]

There is with an alpha layer. Ayything can be done/adjusted pretty easily so if the developers have some ideas I can try to make them come to life.

[ShameOnYou]

We will have 500,000 USE coins available for free distribution. Any bitcointalk member will be eligible for free UseCoins.

To claim your free UseCoins, follow the instructions below (PLEASE READ CAREFULLY AND THOROUGHLY):

1. Use the following provided signature that links back to this thread:

Code:

[url=https://bitcointalk.org/index.php?topic=735355]UseCoin - A Cryptocurrency that you can USE! Decentralized Marketplace![/url]

2. Fill out the following form with all necessary details: https://docs.google.com/spreadsheet/viewform?formkey=dE5vYjhFRXJQZzVXcXU1NlJEdXRiQXc6MA

3. Once UseCoin has been launched, we will distribute free coins to all those who have claimed it until we run out. Users can still claim free coins after launch day, just provide your wallet address in the form. Coins are distributed within 24 hours. As long as you have the signature in your profile and you have filled out the form properly, you will receive the free coins. The amount of coins depends on your account's rank/activity level.

4. DO NOT POST YOUR WALLET ADDRESS OR REQUEST FREE COINS IN THIS THREAD, THIS IS AGAINST FORUM RULES AND WE WILL DISQUALIFY YOU IF YOU DO SO.

[tiger5056]

+1

[BlackMarket]

how much i can get from free distribution?
is that based rank profile?

[zrunfeng]

yes,i am interesting,but there is too little information about the coin

[provenceday]

hi

dev

not intended to Fud, but from your post history, you do not have the experience to develop a altcoin or show any interest in altcoin technology, all i can see you are just want to get some free coin?

so here is the question：

1 "shameonyou" is your real bitcointalk account?
2  or did you brought this account from somebody else?
3 how do you complete the distributed market from OpenBazaar?

Thanks

[nurungmas]

good coin!

[ShameOnYou]

how much i can get from free distribution?
is that based rank profile?

Yes.

Brand New, Newbie, Jr. Members are eligible for 500 USE
Full Members, Sr. Members, Hero Members are eligible for 1,000 USE
Legendary Members are eligible for 2,000 USE