evtrmm
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Activity: 392
Merit: 250
So much for "Community"
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August 26, 2014, 06:47:39 PM |
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Raw Stake incentive plan - how much RAW should remain in wallet to be eligible? 10k 15k 25k other
How long should we be required to hold? 30 days 60 days 90 days other
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CryptoStoner
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Activity: 80
Merit: 10
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August 26, 2014, 07:11:26 PM |
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Raw Stake incentive plan - how much RAW should remain in wallet to be eligible? 10k 15k 25k other
How long should we be required to hold? 30 days 60 days 90 days other
25K should be minimum IMO, it's a quite low amount. 30 days is ages in crypto time so that's good. I'd even say 15 days is more than enough
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thcst8
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August 26, 2014, 07:43:01 PM |
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Raw Stake incentive plan - how much RAW should remain in wallet to be eligible? 10k 15k 25k other
How long should we be required to hold? 30 days 60 days 90 days other
25K should be minimum IMO, it's a quite low amount. 30 days is ages in crypto time so that's good. I'd even say 15 days is more than enough Considering 4.9M as the new total amount of coins: 10,000 ~0.20% 15,000 ~0.31% 25,000 ~0.51% 50,000 ~1.02% 75,000 ~1.53% 100,000 ~2.04% 0.51% is SYNC's magic number so 25k sounds about right. The issue is managing the work. I agree on 15 days but it might be too much work to for such a short amount of time.
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CryptoStoner
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Activity: 80
Merit: 10
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August 26, 2014, 07:55:08 PM |
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Raw Stake incentive plan - how much RAW should remain in wallet to be eligible? 10k 15k 25k other
How long should we be required to hold? 30 days 60 days 90 days other
25K should be minimum IMO, it's a quite low amount. 30 days is ages in crypto time so that's good. I'd even say 15 days is more than enough Considering 4.9M as the new total amount of coins: 10,000 ~0.20% 15,000 ~0.31% 25,000 ~0.51% 50,000 ~1.02% 75,000 ~1.53% 100,000 ~2.04% 0.51% is SYNC's magic number so 25k sounds about right. The issue is managing the work. I agree on 15 days but it might be too much work to for such a short amount of time. then we go to 3 weeks or 1 month
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thcst8
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August 26, 2014, 08:05:16 PM |
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Raw Stake incentive plan - how much RAW should remain in wallet to be eligible? 10k 15k 25k other
How long should we be required to hold? 30 days 60 days 90 days other
25K should be minimum IMO, it's a quite low amount. 30 days is ages in crypto time so that's good. I'd even say 15 days is more than enough Considering 4.9M as the new total amount of coins: 10,000 ~0.20% 15,000 ~0.31% 25,000 ~0.51% 50,000 ~1.02% 75,000 ~1.53% 100,000 ~2.04% 0.51% is SYNC's magic number so 25k sounds about right. The issue is managing the work. I agree on 15 days but it might be too much work to for such a short amount of time. then we go to 3 weeks or 1 month well have to see what evtrmm has to say but I do agree that 30 days feels like an eternity
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thcst8
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August 26, 2014, 08:47:42 PM |
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EasySend beta releases soon
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tekke
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Merit: 1000
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August 26, 2014, 09:08:14 PM |
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That is sad news for Him, it sounds cruel but , he just made the coin rarer, so, more valuable.
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evtrmm
Sr. Member
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Activity: 392
Merit: 250
So much for "Community"
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August 26, 2014, 09:38:48 PM |
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I would say either monthly or biweekly. But since this has to be done manually at the time, I would think that monthly would be the best option. It would pay out on the 1st of each month, considering you held your 25k for the entirety of the previous month.
I would think that we should be able to run a quick 5 day registration for September, and then build from there.
Registrations would have to be in by midnight Crypto time (UDP) on August 31.
Initially we (I) would have to setup an email address, and a spread sheet that I can post for all to see. The only thing we would need at this point is a RAW address and a BTC address. We would verify that the address is holding 25k RAW throughout the month specified, and payout on the 1st.
your will continue to earn until wallet does not hold the 25k, so you will not have to register again, unless it is seen that you went under the threshold.
registrations for October will open on the 1st of September, and will be closed on the 30th at midnight UDP......
If anyone else is willing to contribute some BTC to obtain shares, I will post the cryptotocks address so you can send it there and the shares will be purchased off the market.
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evtrmm
Sr. Member
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Activity: 392
Merit: 250
So much for "Community"
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August 26, 2014, 09:42:03 PM |
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Also, if anyone is good with graphics, wording, whatnot, feel free to put together an official program description. I suck at this.
For anyone else who wants to know how BAMM operates, our revenue is split 40/40/20 (Dividends/reinvestment/overhead) we are currently running about 75 mh/s, and will be adding more soon - including a 750 mh vaultbreaker that has been preoredered
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evtrmm
Sr. Member
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Activity: 392
Merit: 250
So much for "Community"
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August 26, 2014, 09:56:06 PM |
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Did we ever find out what second DEV is working on?
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newguy12
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August 26, 2014, 11:11:57 PM |
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I would say either monthly or biweekly. But since this has to be done manually at the time, I would think that monthly would be the best option. It would pay out on the 1st of each month, considering you held your 25k for the entirety of the previous month.
I would think that we should be able to run a quick 5 day registration for September, and then build from there.
Registrations would have to be in by midnight Crypto time (UDP) on August 31.
Initially we (I) would have to setup an email address, and a spread sheet that I can post for all to see. The only thing we would need at this point is a RAW address and a BTC address. We would verify that the address is holding 25k RAW throughout the month specified, and payout on the 1st.
your will continue to earn until wallet does not hold the 25k, so you will not have to register again, unless it is seen that you went under the threshold.
registrations for October will open on the 1st of September, and will be closed on the 30th at midnight UDP......
If anyone else is willing to contribute some BTC to obtain shares, I will post the cryptotocks address so you can send it there and the shares will be purchased off the market.
ssshhhhhhh. you had me at 15%
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CryptoStoner
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Activity: 80
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August 27, 2014, 12:17:10 AM |
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we should think of a unique feature to add to the coin, that will separate RAW from the rest
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CryptoStoner
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August 27, 2014, 12:29:35 AM |
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Those are not new though , plus EasySend is not THAT much of a feature tbh and 2 more coins have it atm. Decentralized markets, Staking miles etc those were unique ideas, we should think of something noone else has done. Also decentralized market is a good idea no coin has done it yet so it would be quite the accomplishment for RAW. plus it's what the crypto community has been craving for lately
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CryptoStoner
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Merit: 10
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August 27, 2014, 12:32:42 AM |
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also a message from @CryptoGIR would be nice as there has been no sign of him since they said he joined the team...just sayin
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thcst8
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August 27, 2014, 01:18:51 AM |
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Those are not new though , plus EasySend is not THAT much of a feature tbh and 2 more coins have it atm. Decentralized markets, Staking miles etc those were unique ideas, we should think of something noone else has done. Also decentralized market is a good idea no coin has done it yet so it would be quite the accomplishment for RAW. plus it's what the crypto community has been craving for lately True as far as a market goes I think it should be simple like Craigslist. I agree we need a more unique ideas
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evtrmm
Sr. Member
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Activity: 392
Merit: 250
So much for "Community"
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August 27, 2014, 02:08:37 AM |
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overall, things are in the works though. I am going to hop in IRC quick, and then start putting together the info. I will do my best to make a nice looking draft, but someone needs to grab ahold of it and make it all pretty and shit. Feel free to get it started I will keep all updated on what I am completing tonight.
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evtrmm
Sr. Member
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Activity: 392
Merit: 250
So much for "Community"
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August 27, 2014, 02:58:07 AM |
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I have created a Cryptostocks account for Club Raw to hold the BAMM shares. If you wish to add to the shares with a donation, the Cryptostocks address is 13kpnDc8L6S2Ss7JQaZn9agoeZPkqNSRB5.
We will be starting out with 20,000 shares donated by me. At IPO price, that was 1 BTC. So, feel free to add on as it will only benefit Club RAW.
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evtrmm
Sr. Member
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Activity: 392
Merit: 250
So much for "Community"
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August 27, 2014, 03:43:17 AM |
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https://twitter.com/BAMM_Coins/status/504469000731238400#ClubRaw Rules: 1. Buy and hold 25,000 @RawCoins 2. Register For ClubRaw Incentives 3. Stake RAW at 15% 4. Get paid additional #BTC To register for the ClubRaw incentives program, you must hold 25k RAW in the wallet prior to registering. After that, simple. Send an email to register@bammine.com that includes your RAW staking address along with a Bitcoin address. Your incentive will be sent to your Bitcoin address monthly as long as your wallet balance did not drop below 25k during the month. Could somebody please right this up in a nice document, then we can get it on the website. I also would like to get the API added to the website for an easy view of the Club addresses and the balances.
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