[ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0

[SalimNagamato]

one of PCs dead again.. grrrr
might need new mobo

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[Jonesd]

one of PCs dead again.. grrrr
might need new mobo

Sorry to hear. Hopefully we will be able to do some medical research to extend the lifetime of your rigs

[Jonesd]

 

The fifth acknowledged folder is Madmartyk who has been folding for 248 days now!

He is awarded with the Hero Folder Badge and will be rewarded 5000 FLDC!

[Hou5e]

Jonesd- Thanks for the Folding badge!     It looks like I only get to show it off here in plain text (I'm too new).

[Jonesd]

Jonesd- Thanks for the Folding badge!     It looks like I only get to show it off here in plain text (I'm too new).

That's too bad. Just keep posting and you'll get to that level in the end

[BitcoinForumator]

Jonesd- Thanks for the Folding badge!     It looks like I only get to show it off here in plain text (I'm too new).

Unless Robert creates his own card or any other game and you get to wear that badge in a game   

[Jonesd]

Jonesd- Thanks for the Folding badge!     It looks like I only get to show it off here in plain text (I'm too new).

Unless Robert creates his own card or any other game and you get to wear that badge in a game   

We will get the Foldingcoin forum's going soon, so I will assure people can get their badges there

[SalimNagamato]

Jonesd- Thanks for the Folding badge!     It looks like I only get to show it off here in plain text (I'm too new).

Unless Robert creates his own card or any other game and you get to wear that badge in a game   

We will get the Foldingcoin forum's going soon, so I will assure people can get their badges there

maybe ask from hnin to make a special SOG cards+tokens for this...can be worth a lot of XCP yumm

[Will H]

Will from Block Label here.

Some of you may have noticed “FANTOKEN” is now part of the merged mining. It's a token that represents 10% of our profits.

I wanted to say a few words to be clear on what that exactly means.

The question we're trying to solve with “Fan Tokens” is: “How do we find a way for people to receive a few BTC whenever they share one of our songs with their friends?”

It isn't feasible to track every single tweet or blog post, nor is it possible to track when people share something by word of mouth. That's why Fan Tokens represent 10% of our profits. By having a token that represents any success the project may or may not have we welcome anybody who wants to be a part of it. While we're at it, we might as well incentivize doing good as well.

E.g. you have Fan Tokens and you share a song with someone:

1. That person listens to the track.
2. Which in turn generates profit for Block Label.
3. A more profitable Block Label is better for those who have Fan Tokens.
4. A better Fan Token is more desirable to others and more people would want some.
5. Incentivizing more people to fold.
6. The more people that fold, the more people that will receive Fan Tokens.
7. More people likely to share a song... Full circle! Anybody want to make a nice flow chart of this?

That's the idea anyway, whether that will be the case is whole different matter.


Oh, another thing I wanted to make clear is the daily distribution amount. It's 100.
(foldingcoin's announcement stated 1000)

I've made a (test) page so it's easy to check your stats, however, Robert would have to confirm if this is correct. I've merely assumed that this is how it will more or less tally up. Take a look here: http://www.blocklabel.com/fan-token-distribution/

[Jonesd]

Will from Block Label here.

Some of you may have noticed “FANTOKEN” is now part of the merged mining. It's a token that represents 10% of our profits.

I wanted to say a few words to be clear on what that exactly means.

The question we're trying to solve with “Fan Tokens” is: “How do we find a way for people to receive a few BTC whenever they share one of our songs with their friends?”

It isn't feasible to track every single tweet or blog post, nor is it possible to track when people share something by word of mouth. That's why Fan Tokens represent 10% of our profits. By having a token that represents any success the project may or may not have we welcome anybody who wants to be a part of it. While we're at it, we might as well incentivize doing good as well.

E.g. you have Fan Tokens and you share a song with someone:

1. That person listens to the track.
2. Which in turn generates profit for Block Label.
3. A more profitable Block Label is better for those who have Fan Tokens.
4. A better Fan Token is more desirable to others and more people would want some.
5. Incentivizing more people to fold.
6. The more people that fold, the more people that will receive Fan Tokens.
7. More people likely to share a song... Full circle! Anybody want to make a nice flow chart of this?

That's the idea anyway, whether that will be the case is whole different matter.


Oh, another thing I wanted to make clear is the daily distribution amount. It's 100.
(foldingcoin's announcement stated 1000)

I've made a (test) page so it's easy to check your stats, however, Robert would have to confirm if this is correct. I've merely assumed that this is how it will more or less tally up. Take a look here: http://www.blocklabel.com/fan-token-distribution/

Thanks Will!

For the people that missed the announcement:

We are pleased to announce our next partner in the Merged Folding platform, and thats Block Label! Block Label is a project for artists from anywhere in the world to easily get their music on digital platforms and services (e.g., Spotify, iTunes/Apple Music, Tidal). Using blockchain technology, Block Label distributes its profit to artists by the amount of tracks they’ve contributed. In other words, artists own a share of total profits generated by Block Label.

Block Label utilizes the blockchain to give artists ownership of profits by using the Counterparty protocol. Artists receive a “Block Label Token” (a token that represents a share of profits) for each track they upload/add to the catalogue. This token works as a tool for the artist to receive their payment over the Bitcoin network. Fans who have “Fan Tokens” will also receive a share of profits.

For more information please visit the Block Label FAQ page. The FANTOKEN page will be setup on Thursday for my next full day of FLDC work, so look for it then. Here is the distribution schedule for FANTOKEN:

Counterparty Token : FANTOKEN
FANTOKENs distributed per day: 1,000 100
Start Date: November 1st
End Date: TBD
Thanks and as always you can email me rross@foldingcoin.net with any questions or concerns

[Will H]

Will from Block Label here.

Some of you may have noticed “FANTOKEN” is now part of the merged mining. It's a token that represents 10% of our profits.

I wanted to say a few words to be clear on what that exactly means.

The question we're trying to solve with “Fan Tokens” is: “How do we find a way for people to receive a few BTC whenever they share one of our songs with their friends?”

It isn't feasible to track every single tweet or blog post, nor is it possible to track when people share something by word of mouth. That's why Fan Tokens represent 10% of our profits. By having a token that represents any success the project may or may not have we welcome anybody who wants to be a part of it. While we're at it, we might as well incentivize doing good as well.

E.g. you have Fan Tokens and you share a song with someone:

1. That person listens to the track.
2. Which in turn generates profit for Block Label.
3. A more profitable Block Label is better for those who have Fan Tokens.
4. A better Fan Token is more desirable to others and more people would want some.
5. Incentivizing more people to fold.
6. The more people that fold, the more people that will receive Fan Tokens.
7. More people likely to share a song... Full circle! Anybody want to make a nice flow chart of this?

That's the idea anyway, whether that will be the case is whole different matter.


Oh, another thing I wanted to make clear is the daily distribution amount. It's 100.
(foldingcoin's announcement stated 1000)

I've made a (test) page so it's easy to check your stats, however, Robert would have to confirm if this is correct. I've merely assumed that this is how it will more or less tally up. Take a look here: http://www.blocklabel.com/fan-token-distribution/

Thanks Will!

For the people that missed the announcement:

We are pleased to announce our next partner in the Merged Folding platform, and thats Block Label! Block Label is a project for artists from anywhere in the world to easily get their music on digital platforms and services (e.g., Spotify, iTunes/Apple Music, Tidal). Using blockchain technology, Block Label distributes its profit to artists by the amount of tracks they’ve contributed. In other words, artists own a share of total profits generated by Block Label.

Block Label utilizes the blockchain to give artists ownership of profits by using the Counterparty protocol. Artists receive a “Block Label Token” (a token that represents a share of profits) for each track they upload/add to the catalogue. This token works as a tool for the artist to receive their payment over the Bitcoin network. Fans who have “Fan Tokens” will also receive a share of profits.

For more information please visit the Block Label FAQ page. The FANTOKEN page will be setup on Thursday for my next full day of FLDC work, so look for it then. Here is the distribution schedule for FANTOKEN:

Counterparty Token : FANTOKEN
FANTOKENs distributed per day: 1,000 100
Start Date: November 1st
End Date: TBD
Thanks and as always you can email me rross@foldingcoin.net with any questions or concerns

Since it was mentioned in the last public meeting of the time constraints that the foldingcoin team has, because it's basically only Robert and Jona, I wouldn't mind doing the FANTOKEN distributions myself. That's one less task for you guys to deal with.

I guess I'd have to ask Adam over at the LTB network for access to the mass/share distributor. I'll send him a mail.

[K210]

Monthly meeting??

[Jonesd]

Monthly meeting??

This Sunday of course

[SalimNagamato]

received today 0 FLDC
didn't know its possible to send 0 amount in counterparty tx

[K210]

Just recieved 0 FLDC is this some bug??

[Jonesd]

Just recieved 0 FLDC is this some bug??

I'll discuss it with Robert to fix it.

[Jonesd]

Monthly meeting December

Hey guys,

The monthly meeting is starting in two hours! I will post the links once they become available, so you can join the meeting if you want.

[Jonesd]

Monthly meeting December

Hey guys,

The monthly meeting is starting in two hours! I will post the links once they become available, so you can join the meeting if you want.

You can view the meeting here: https://www.youtube.com/watch?v=g75-ExZec7c&feature=youtu.be

[K210]

Has the 0 FLDC bug been resolved?? I still havent gotten my distrubution for last week.

[Jonesd]

Has the 0 FLDC bug been resolved?? I still havent gotten my distrubution for last week.

No, not yet. We're working on it and can update you soon we hope