[ANN] [XTC] TileCoin| IoT (Internet of Things) bitcoin blockchain - ĐApp

[InitialDat]

TBD. I would like for the community to decide.  
Regards,

What's the point of asking this when you're going to do the complete opposite? The community wants less coins and you gave them 100 million. You guys pretty much ignored the community's request. That's why I frowned.

Gl to the project but I'm not sure if I want to invest because of it... even if you're a higly skilled coder.

[ASIC-8Tile]

We are working on the "Features" that will be available after one month...

will all the promised features be aviable at launch ?

[ASIC-8Tile]

That is correct. The community has voiced their opinions and we will reduce the "Initial Coin Sales" to...... 0.00000542 BTC EACH. Last and final price, for "Initial Coin Sales".
Bittrex has yet to confirm their "Approval of TileCoin". We will keep you posted once we receive confirmation from one of the exchanges that will sell TileCoin.

Regards,

I thought it was 100 million coins maximum ie only if we collectively buy
that many during the ICO period .. The sponsor ( Bittrex ) should destroy
any/all unsold coins prior to launch ..

Triff ..  

[ASIC-8Tile]

Updated OP. Final Cost for each TileCoin is 0.00000542 BTC/EACH

Ticker Symbol: TCO (proposed)
Initial Coins: 100,000,000 of Tilecoin @ 0.00000542 BTC/EACH
Percentage of TileCoin will be burned for transactions.
Consensus Algorithm: Counterparty/Clearinghouse (BTC Blockchain/VIA Blockchain - possible)
Additional Algorithms: Ed25519 signatures, AES-128, TBA
Coin Distribution: All Coins will be sold via an Exchange @ 0.00000542 BTC/EACH FINAL
Block Interval: 10 Minutes (Bitcoin)/24 Seconds (Viacoin - possible)
Transport protocols: TCP/IP, µTP, TBA

[Winky]

Updated OP. Final Cost for each TileCoin is 0.00000542 BTC/EACH

Ticker Symbol: TCO (proposed)
Initial Coins: 100,000,000 of Tilecoin @ 0.00000542 BTC/EACH
Percentage of TileCoin will be burned for transactions.
Consensus Algorithm: Counterparty/Clearinghouse (BTC Blockchain/VIA Blockchain - possible)
Additional Algorithms: Ed25519 signatures, AES-128, TBA
Coin Distribution: All Coins will be sold via an Exchange @ 0.00000542 BTC/EACH FINAL
Block Interval: 10 Minutes (Bitcoin)/24 Seconds (Viacoin - possible)
Transport protocols: TCP/IP, µTP, TBA

Thank you for this positive decision! Now we have a much better feeling when investing into TileCoin 

[ASIC-8Tile]

Updated OP to budget for 4 months.
We will be looking to transition over to the community after 4 months.
Please send your Resumes to sdk@tilecoin.co

VII.) Budget
We will be publishing a transparent budget for all payments via blockchains explorers.
Here is the estimate for the 4 months of development.
Update: 2014-09-10 Need to update budget Spreadsheet.
https://drive.google.com/file/d/0B8IoPxQboSapNEx4R29rY1JGN3c/edit?usp=sharing

[chesthing]

I think 542 sats for 100m coins is fine, by destroying all unsold coins you are letting the market determine the value of this project. However, I would reduce the ipo period to 1 week instead of 4 weeks. People here get excited about quick returns, not tying up btc for a month on an iffy investment.

[ASIC-8Tile]

I think 542 sats for 100m coins is fine, by destroying all unsold coins you are letting the market determine the value of this project. However, I would reduce the ipo period to 1 week instead of 4 weeks. People here get excited about quick returns, not tying up btc for a month on an iffy investment.

1 week... Hmm. Quick returns... Anyone else have suggestions?

[InitialDat]

I think 542 sats for 100m coins is fine, by destroying all unsold coins you are letting the market determine the value of this project. However, I would reduce the ipo period to 1 week instead of 4 weeks. People here get excited about quick returns, not tying up btc for a month on an iffy investment.

1 week... Hmm. Quick returns... Anyone else have suggestions?

How about you start a poll?

[Triffin]

I think 542 sats for 100m coins is fine, by destroying all unsold coins you are letting the market determine the value of this project. However, I would reduce the ipo period to 1 week instead of 4 weeks. People here get excited about quick returns, not tying up btc for a month on an iffy investment.

1 week... Hmm. Quick returns... Anyone else have suggestions?

Two weeks maximum ..

Triff ..

[studio1one]

I think 542 sats for 100m coins is fine, by destroying all unsold coins you are letting the market determine the value of this project. However, I would reduce the ipo period to 1 week instead of 4 weeks. People here get excited about quick returns, not tying up btc for a month on an iffy investment.

1 week... Hmm. Quick returns... Anyone else have suggestions?

Often the problem with 4 weeks is people wait until the end to invest anyway. It depends how ready you are with tech.  If you use trex they will hold your coins until it's ready anyway so may as well do a month. Personally if it's a month I will wait until the end or it is almost sold anyway

[Winky]

10-14 days are good. 4 weeks are too much.

[crypto_currency]

interesting,bookmarked~

[susu]

VIA Blockchain is a good choice.

[sirconga]

I may not entirely understand the situation, but how are you considering hosting the IPO on Bittrex if they don't have support for XCP or XCH yet?

By the by, I also favour a shorter time period for the ico. 7-14 days would be ideal... but hey, what do I know, I'm just a simple Conga.

[tobeaj2mer01]

I think 542 sats for 100m coins is fine, by destroying all unsold coins you are letting the market determine the value of this project. However, I would reduce the ipo period to 1 week instead of 4 weeks. People here get excited about quick returns, not tying up btc for a month on an iffy investment.

1 week... Hmm. Quick returns... Anyone else have suggestions?

Two weeks maximum ..

Triff ..

+1

[provenceday]

when presale start?

[ASIC-8Tile]

Hi there,

Bittrex was looking at XCP.
https://bitcointalk.org/index.php?topic=395761.msg8469632;topicseen#msg8469632

I may not entirely understand the situation, but how are you considering hosting the IPO on Bittrex if they don't have support for XCP or XCH yet?

By the by, I also favour a shorter time period for the ico. 7-14 days would be ideal... but hey, what do I know, I'm just a simple Conga.

[ASIC-8Tile]

Hi everyone. Thank you for watching our thread.

"Official Announcement" We NOT be holding any "Initial Coin Sales" until our Testnet is underway.

Please stay tuned for additional announcements and development updates...
We have received responses for people who want to test and they will be contacted once we are Testnet ready.
"Si tu id aeficas, ei venient"

Regards,
ASIC-8Tile

[EndOfBubble]

The price is too high. You are doing similar mistake as SYS did - similar price with similar number of released coins. It collapsed 50% and is having hard times trying to get back to ICO price. Halven the price or number of coins!!!!!!!