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Author Topic: [ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0  (Read 472831 times)
FoldingCoin
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March 19, 2015, 03:25:09 AM
 #821

Counterwallet still updating, distribution for the 3/17 payout will be delayed until tomorrow, sorry for the inconvenience

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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March 20, 2015, 06:40:39 PM
 #822

Robert gave a presentation at a Drupal Meetup in Indianapolis of which a video was made. I hope I can launch the video this weekend or even tonight. Robert explains the coin very well and also offers an insight into the marketplace we're planning to build.

More soon Smiley

If it was easy, everybody would be doing it
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March 21, 2015, 05:26:35 PM
Last edit: March 21, 2015, 06:26:34 PM by Jonesd
 #823

Drupal Meetup Presentation

Robert spoke at an Indianapolis meetup about FoldingCoin and the marketplace we're planning on creating. We edited the recording so you can also see the slides he was showing.
It is a little over an hour and it gives you the opportunity to get up to speed with everything!

We appreciate it when you share and like this video!


If it was easy, everybody would be doing it
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March 23, 2015, 07:35:42 PM
 #824

Hello everyone Cheesy

I am running for a Counterparty Community Director position. Please read up on the election and I hope you all vote for me Cheesy

https://forums.counterparty.io/t/counterparty-foundation-election-2015-march-19th-april-16th/951

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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March 24, 2015, 12:19:46 AM
 #825

Community Update 3/23/15

This week we would like to update you on:
  • Off-chain distribution: Progress on the off-chain distribution and upcoming features
  • Non-profit legal things: We’re getting a 501(c)3 tax exemption
  • Counterparty Board: Robert Ross is up for election as community director on Counterparty board
  • Meetups: We attended some meetups and are planning to set some up
  • Funds: Our transparency on the way we spend the donation funds
  • T-Shirts: We’ve placed our first order for FoldingCoin T-shirts that will be worn by the team. Some will also be put up for sale via the website.
  • FLDCVOTE III: You can still vote on if we should put some non-distributed coins up for sale to fund ourselves. The No vote is slightly in the lead.
  • Counterparty Panel: Robert will be on the Counterparty Panel this Friday.
  • Public Meeting: There will be a new public meeting on April 5, that everybody can attend via Google Hangout and watch via Youtube.

Off Chain Distribution

James and Chad have begun working on the off chain distribution system. This will eliminate the cost of daily distributions, enabling us to grow more rapidly.
Here are the following features we now know will be implemented:

Pay distribution fee in FLDC (instead of BTC): When you wish to withdraw FLDC, we will have an API that captures the current exchange rate for FLDC on Poloniex. Then we will multiply that by 0.00006 BTC (the cost per transaction on the asset distributer) and we will deduct that out of the FLDC you are withdrawing. Then FoldingCoin Inc will immediately sell the FLDC on Poloniex to get the BTC back. Currently this would be around 100 FLDC per withdraw. This way, you don’t need to also have BTC in your account.
Automatic withdrawel: We will have automated withdraw settings in place so you do not have to do this manually every day. For example: you could set your withdraw daily, weekly, ext. For security you will not be able to withdraw to addresses you have not folded on.

Donation option: We will have a toggle for the withdraws that will allow Folders to donate X amount of FLDC from their withdraw to the FoldingCoin Inc project. This will be optional but greatly appreciated.

Free monthly distribution: The way we are designing it, is we will still continue to do manual distributions for everyone at the end of each month if they have not withdrawn their FLDC. This will be good for Folders who don't earn enough FLDC per month to pay for the BTC is takes to distribute the FLDC each day.

LTB Distribution: FLDC will accumulate in the addresses that you have verified in your LTB verified BTC wallets. In order to log in to the Off Chain system, you will be required to use an LTB username and verify addresses on your LTB account. This allows us to save money on building a system that can provably verify your BTC wallets, as LTB already has this built. If you do wish to get an LTB account, then you will have to wait until the end of the month in order to receive the FLDC that you have earned.

Merged Folding Distribution: The first implementation will not allow for the Merged Folding tokens to be in the system, so those will still be distributed by the devs of the respective tokens on the days they wish to distribute. This feature will come after FLDC withdraws have been tested and work properly for the first release.

501(c)3

We are now starting to take the steps in becoming a 501(c)3 organization. We are being assisted by a local Indianapolis BTC accountant and using the services of 501c3.org to get this accomplished. This will be a process, and hopefully we have some good head way by the time the next public FoldingCoin meeting is held.

Counterparty Community Director

Robert is running for 1 of 3 open Community Director spots in the upcoming month. If you hold XCP, your vote will be appreciated to put Robert in this position. Please read more here

Meetups

Robert has continued to attend multiple Meetups in the Indianapolis area. Also Robert has become an event organizer for the Indy Bitcoin Meetup and will start holding more meetups twice a month to spread the word of BTC, CP, and FLDC. The team also decided that starting a Meetup in Indianapolis directed towards the non profit and medical community would be a great chance to expose to other medical non profits the benefits of FAH and FLDC. More to come from this in the upcoming weeks.

Usage of donation funds

We now have a webpage with a complete breakdown of all the funds we have and use here at FoldingCoin Inc. Check it out for exact timestamped, TX, justifications, and receipt pictures of all the funds we have spent so far that has been generously given to us by you the donors.

T Shirts

The team has started the process of ordering FoldingCoin shirts. We have taken around $300 of the donated 10 BTC (the final price spent will be updated) to purchase 24 T-Shirts and 6 hats. Each of the 6 devs will get 2 T-Shirts and 1 hat and the other 12 T-Shirts will be sold on the website for somewhere between $15-20 (not including shipping) for someone to purchase. Obviously FLDC will be accepted for these shirts. This is not a lot to start with, but with all the money we make off of the 12 T-Shirts (potentially $240) we will use to buy more T-Shirts (and other merchandise) to continuously sell to the public. There is a $50 initial fee we have to pay for the printing company we are using to get the logo updated in their system, but this is a one time cost. Robert is in talks with the owner to accept BTC as well for future orders. The shirts will cost around $7 each to make with ordering 24 at a time, but once we are able to order 48 at a time, the price drops to $5.50 with the current design. The hats are a little more expensive, $8, and we will start creating hats to sell after enough T-Shirts get sold. This will be a slow process to get going, but eventually we would love to make this initial $300 investment in merchandise continue to be put into creating more and more merchandise for sale.

Ongoing Updates:

Voting

FLDCVOTEIII has 10 days left until it is closed. The vote is very close right now, almost exactly 50-50 percent with NO slightly in the lead. Please get your votes in today

Counterparty Panel

The Counterparty panel FoldingCoin will be a part of is this Friday at 10 pm EDT. The panel will include representatives from FoldingCoin, Storj, Counterparty, The Counterparty Foundation, and Vennd. Please mark your calendars and listen in

Public Meeting

The next FoldingCoin Public meeting is on April 5th, at 3:00 pm EDT. Come talk to the FoldingCoin devs live and ask questions or simply listen to the new updates and topics we are discussing. Mark your calendars and listen in

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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March 24, 2015, 02:30:27 PM
 #826

Where can I see earned Spells of Genesis and OCTO coins?
Because in the counterwallet they are not.
I see on the pages of distribution http://stats.foldingcoin.net/platformReports/OCTO/ but in reality I do not have (I mean on the counterwallet).
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March 24, 2015, 03:05:21 PM
 #827

Where can I see earned Spells of Genesis and OCTO coins?
Because in the counterwallet they are not.
I see on the pages of distribution http://stats.foldingcoin.net/platformReports/OCTO/ but in reality I do not have (I mean on the counterwallet).

This is handled by the coins themselves as far as I know. Best to ask the Octoparty Dev here: https://bitcointalk.org/index.php?topic=960933.400

If it was easy, everybody would be doing it
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March 24, 2015, 05:25:50 PM
 #828

Where can I see earned Spells of Genesis and OCTO coins?
Because in the counterwallet they are not.
I see on the pages of distribution http://stats.foldingcoin.net/platformReports/OCTO/ but in reality I do not have (I mean on the counterwallet).
So if you look at each of the individual pages on the merged folding tabs of each token http://foldingcoin.net/merged-folding/ you will find their distribution methodology. OCTO and SOG will be doing monthly distributions just as SCOTCOIN does. POWC is the only weekly distribution so far.

FYI, James and Chad are in the process of building the off chain distribution system. At first this will only be for FLDC, but as it matures, we will be adding the other merged folding tokens to the platform so that you may do withdrawals everyday from each token. Thanks!

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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March 24, 2015, 08:24:37 PM
 #829

Where can I see earned Spells of Genesis and OCTO coins?
Because in the counterwallet they are not.
I see on the pages of distribution http://stats.foldingcoin.net/platformReports/OCTO/ but in reality I do not have (I mean on the counterwallet).
So if you look at each of the individual pages on the merged folding tabs of each token http://foldingcoin.net/merged-folding/ you will find their distribution methodology. OCTO and SOG will be doing monthly distributions just as SCOTCOIN does. POWC is the only weekly distribution so far.

FYI, James and Chad are in the process of building the off chain distribution system. At first this will only be for FLDC, but as it matures, we will be adding the other merged folding tokens to the platform so that you may do withdrawals everyday from each token. Thanks!

Thank you, now it's clear!
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March 26, 2015, 11:15:19 PM
 #830

Everyone, make sure to get for FLDCVOTEIII in before 6 days is up, the vote is very close right now

http://blockscan.com/vote/UGH7GN1STK

746 BTC blocks to go until the vote period is over!

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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March 26, 2015, 11:39:05 PM
 #831

The site http://foldingcoin.net/fldc-voting/ have old voting information, please update it.
It is no longer 2,592,858.76044975 votes and 3092858.76044975 for YES!
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March 27, 2015, 12:16:24 AM
 #832

The site http://foldingcoin.net/fldc-voting/ have old voting information, please update it.
It is no longer 2,592,858.76044975 votes and 3092858.76044975 for YES!
It updates automatically with an API we have. Sometimes it wont update for a couple hours, or if you have cookies stuck in your browser for 24 hours. It is updated now on my end Smiley

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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March 27, 2015, 02:26:51 PM
 #833

The site http://foldingcoin.net/fldc-voting/ have old voting information, please update it.
It is no longer 2,592,858.76044975 votes and 3092858.76044975 for YES!
It updates automatically with an API we have. Sometimes it wont update for a couple hours, or if you have cookies stuck in your browser for 24 hours. It is updated now on my end Smiley

Finally, we won? Smiley
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March 27, 2015, 04:53:37 PM
 #834

The site http://foldingcoin.net/fldc-voting/ have old voting information, please update it.
It is no longer 2,592,858.76044975 votes and 3092858.76044975 for YES!
It updates automatically with an API we have. Sometimes it wont update for a couple hours, or if you have cookies stuck in your browser for 24 hours. It is updated now on my end Smiley

Finally, we won? Smiley
There are still half the votes out there and I have been doing outreach to holders of FLDCVOTEIII to get them in.

Everyone remember, there is the Counterparty Panel show tonight on http://dogecoindark.net/radio/ in which reps from various CP projects will be there. Here is the lineup:

10:00pm - 10:30pm round table of introductions of all the panel
10:30pm - 11:00pm Filip speaks about counterparty and answers your questions
11:00pm - 11:30pm Chris speaks about CP foundation
11:30pm - 11:45pm break
11:45pm - 12:15am Jeremy speaks about Vennd
12:45am - 1:15am Robert speaks about FoldingCoin
1:15am - 1:45am Evo speaks about Storj
1:45am - 2:00am break
2:00am - 2:30am closing statments on the round table

Show starts at 10 pm EST

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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March 27, 2015, 05:38:49 PM
 #835


If it was easy, everybody would be doing it
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March 31, 2015, 03:52:05 AM
 #836

Only 101 blocks to go until the vote is closed and we only have about half the votes in. Please vote today with your FLDCVOTEIII

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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March 31, 2015, 08:15:00 PM
 #837

Only 101 blocks to go until the vote is closed and we only have about half the votes in. Please vote today with your FLDCVOTEIII

It seems we have just reached block 350133!

The current counts at the voting addresses is:
YES: 3114165.14116489
NO: 2690191.3109954
WITHHELD: NONE

I'm not sure if the counts are updated to the latest stats, so this is preliminary.

If it was easy, everybody would be doing it
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April 01, 2015, 06:53:57 PM
 #838

hello has octo and scotcoin been paid for this month yet?
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April 01, 2015, 08:29:03 PM
 #839

hello has octo and scotcoin been paid for this month yet?
SCOTCOIN, BITCRYSTALS (Spells of Genesis) have both been paid. We are pushing FDCARD (Spells of Genesis) right now and after that we will push OCTO. Then last we will push FLDC Cheesy

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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April 01, 2015, 09:54:28 PM
 #840

hello has octo and scotcoin been paid for this month yet?
SCOTCOIN, BITCRYSTALS (Spells of Genesis) have both been paid. We are pushing FDCARD (Spells of Genesis) right now and after that we will push OCTO. Then last we will push FLDC Cheesy

And what we must do with this FDCARD and BITCRYSTALS ?
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