INTRODUCING
The worlds first Service backed crypto
WE ARE PUTTING CURRENCY BACK INTO CRYPTOWebsters defines currency as :circulation as a medium of exchange for either goods or services.
Because we live in a free market society no one person can control an entire market of goods (just ask the people over at uro). So what i can do is provide and control a service. With this service you will be able to:
A) Pay your bills (cable power or any other bill I can pay over the phone with a credit card)
B) Order Takeout from your favorite spot that accepts credit card over the phone
By doing this it is our intention to help bridge the gap between the crypto-community and the rest of the world. We can't force the world to adopt but we can mediate transactions until that happens. Now you will be able to take care of life's basic necessities without having to convert to fiat. This will be the fastest way to take care of obligations while not being charged a huge service fee.
THE COINServX is a decentralized full pow math based currency developed for 1 purpose, to help miners pay for the necessities of life. No longer will you wait to get what you need. It will be the quickest and cheapest (and only) way to pay bills and order takeout with crypto.
specs
Scrypt pure pow
total coins 12 million
block time 15 seconds
block reward 12 coins No halving
premine 75,000 (we will have giveaways.. also this premine will be used to help provide a fund for the orders not one coin will go into the pockets of the dev team )
coin name ServX
symbol XSX
Premine Breakdown
giveaways 5,000 XSX
BOUNTIES 5,000 XSX
RESERVE 20,000 XSX
FUND 40,000 (or until we have >25
BTC)
if we have raised more than 25 btc with less than 40k XSX thr remaining coins go into the emergency reserve
The emergency fund will be held in a public address and will not be accessed unless we have depleted our funds and cannot take orders
In this case the fund will be replenished once liquidity is restored
we will not sell a single coin from the premine until 7 days after launch
Premine address will be made public after block explorer is released - Premine will be traded not dumped
FAQplease read
q- Why SCRYPT
a- Because
q- 75,000 coins is a pretty big premine how can we be sure you won't dump
a- I am a proven business leader who has actually started companies, (Express Billboards, NEO-TRIBE productions) and this will be just another company I run. I cannot run it without a stable coin
q- Why not Anon features
a- because we need a record for tax purposes this coin cannot be anonymous
q- how can we trust you
a- here is my facebook profile
https://www.facebook.com/dave.s.mcg (yea thats right) my linkedin
https://www.linkedin.com/profile/view?id=268591213&trk=nav_responsive_tab_profilealso you can click the ad in my sig and find out even more about me with that kind of disclosure there is no where I can hide
q- this seems like a pretty big deal are you sure you can handle it you already run 2 companies
a- Yes
q- when does the coin launch
a- there will be a ninja launch sometime after the 22nd but before the 25th ( becasue of fast block times ninja launch is needed to slowly ramp up network and avoid forks. This thread will update to LAUNCHED a few minutes after and then source will be released to pools a few minutes after that )
Shareholders will be notified prior to launch as a thank you
Coinservices llc.Provided the coin launches well and we are accepted by the community, this will be the business behind the coin and will work as such :
Sometimes simplicity is better than complexity
All transactions will occur at XSX bid price not ask on the most prominent exchange we are listed
All billpays incur 1% service fee
All food orders incur 3% fee (orders are much much smaller and that is the only way to make a profit considering the risk)
I.P.O.Coinservices will be a for profit buisness which is the heart of this coin. I could keep it all to myself (and my investor) but in the spirit of Crypto we will be holding an ipo so investors may buy into the company and share the profits. Here are the details of this ipo
Total shares 300 (each share represents .1% ownership in Coinservices llc. )
Share cost
BTC.01 per share
This fund will be used to pay for advertising and all other overhead we incur prior to launch of the business
here is what you do
Send 0.01 or any multiple up to 3 btc to 1FgDYEH9SyWsBMDQs65BkjoPHqnAKEbcq1 (I move coins from here to a secret location within a well secured exchange to prevent hackers from getting me again)
Send a pm to me with txid and amount u sent
Also include your shipping info
You will be mailed a hand numbered, hand signed certificate stating the number of shares in the company.
(note please take care to send exactly whole 0.01 btc increments any "dust" will be considered a donation)
Because of the nature of this ipo and the level of public disclosure by me, we will not have escrow on this ipo. If we fail to launch Coinservices all investor funds will be returned at my expense. (this is america you can sue me if i lie)
What do you get as a shareholder?
Profit share in proportion to your ownership (dividends paid monthly in XSX)
10 free ServX distributed after company goes live (which comes from the coins we will mine) distributed over time on a first come basis
A hand signed , hand numbered certificate detailing number of shares.
Much love and respect from us
Note: Investing in a business venture is risky but investing in a business based on cryptocurrency is somewhat foolish and involves risk like entire loss of principal. Any potential investor should weigh all possible options before considering investing in us. We make no claims as to the profitability of this business or the price of our coin. We do however consider this announcement as our official contract with our shareholders. We hereby do swear under penalty to follow the guidelines as prescribed by this announcement. in case of a failed company launch all assets(including XSX and bitcoin ) will divided up between shareholders a full public ledger will be made available in the future
Shares Sold
20/300
GIVEAWAYSSIG LINE GIVEAWAY (Limit 1,000 users)
Insert this into your sig line
ServX [XSX] mine coins pay bills get dinner https://bitcointalk.org/index.php?topic=750752.0
post in this thread
send me a pm
you will receive 3 XSX after launch from the premine (after coin launches u may add your XSX address to the sig line and payments will be sent no later than 7 days after launch)
GRIDSEED GIVEAWAY 1 user who has entered this promo will be chosen at random to receive a free Gridseed sha/scrypt dual 5-chip (gold orb) Asic miner. Since Gridseed was the first of their kind as we are the first of our kind. The more you post in this thread the greater your chances as i will allow my son to just randomly point to a post that will be the winner. Winner will be chosen on sept 3 2014
RANDOM GIVEAWAYS5 users will be chosen at random to receive 100 XSX Winner will be chosen on sept 3 2014
1 user will get 300 XSX Winner will be chosen on sept 5 2014
winners will be notified via pm
You must Have the signature ad in your sig to be eligible for this Giveaway
BOUNTIES block explorer 500 XSX
mac wallet - 500 XSX
android wallet - 500 XSX
pool for launch- 500 XSX (trusted pools only like Such, Because, Ipo miner, suprnova etc.) claimed
Translations
Spanish -100 XSX
Chinese - 100 XSX
Dutch - 100 XSX
French - 100 XSX
(all translations must be done by hand by native speakers)
Major Exchange - 1500 XSX (cryptsy bittrex polo) We would love to launch on polo because they only pick innovative coins and we feel this is a big innovation
Minor exchange 700 XSX (c-cex allcoin coins-e etc)
Baby Exchange 300 XSX (bleu trade allcrypt etc)
Best post in thread (chosen by my beautiful fiancee) 100 XSX
Pools
Official Pool
http://xhash.netPool ops pm me if you would like to be added here
Exchanges
We will not go to an exchange until block 23,000 to allow for adequate coin supply (about 4 days after launch )
Timeline
Finish Wallet done by 22nd ( already being coded)
launch no later than 25th
distribute giveaways
distribute bounties
distribute premine
Incorporate Coinservices llc (no later than sept 21st)
beta launch Coinservices llc in take out only mode (no later than september 27th)
Iron out kinks
Fully launch Coinservices llc (depends on kinks)
Iron out any kinks
Begin paying dividends
Change the world
Finally we are looking forward to hearing what you think please post any and all comments here so i can gauge peoples opinions
Thank you for your support
In Crypto We Trust
Poll
