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Author Topic: [ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0  (Read 472865 times)
Jonesd
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January 10, 2017, 07:04:47 AM
Last edit: January 10, 2017, 07:32:34 AM by Jonesd
 #1681

Now that price has increased maybe budget should be redone?

Any suggestions? You can see the budget here: https://docs.google.com/spreadsheets/d/1o6g_Q2Wo3ZFb6l3yUnR3d9C10xHrZWxRJI15Ep9ei2I/edit?usp=sharing

I think we will probably get a new 2017 report by the next meeting. We still have most of the funds we were budgeting for 2016.

If it was easy, everybody would be doing it
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Rikim4ru
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January 10, 2017, 11:36:17 AM
 #1682

Only 1% of the budget have been spent?

You guys all working for free??
Jonesd
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January 10, 2017, 02:24:07 PM
 #1683

Only 1% of the budget have been spent?

You guys all working for free??


Hi,

Wehave been working for free for a long time an actually received our first compensations a couple of months ago.

This is not an updated budget in terms of actual costs, but it reflects some of the goals we set for 2016. We have actually spent 100,000,000- 95,666,346= 4,333,654 FLDC of the budgeted 20 million for last year.

You can find the wallet here: http://blockscan.com/address?q=1DQvYaXLwbdiz27HNLHbvTGpsBkVf1rqmD

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sulfurtank
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January 10, 2017, 03:00:54 PM
 #1684

Now that price has increased maybe budget should be redone?

Any suggestions? You can see the budget here: https://docs.google.com/spreadsheets/d/1o6g_Q2Wo3ZFb6l3yUnR3d9C10xHrZWxRJI15Ep9ei2I/edit?usp=sharing

I think we will probably get a new 2017 report by the next meeting. We still have most of the funds we were budgeting for 2016.

Lol 20 million fldc allotted to the development in phase 1.0. And the OP shows that it is gonna switch over to phase 2.0. This shit can't go past phase 0, let alone phase 2. Oh my holy goddess.
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January 10, 2017, 03:17:47 PM
 #1685

Now that price has increased maybe budget should be redone?

Any suggestions? You can see the budget here: https://docs.google.com/spreadsheets/d/1o6g_Q2Wo3ZFb6l3yUnR3d9C10xHrZWxRJI15Ep9ei2I/edit?usp=sharing

I think we will probably get a new 2017 report by the next meeting. We still have most of the funds we were budgeting for 2016.

Lol 20 million fldc allotted to the development in phase 1.0. And the OP shows that it is gonna switch over to phase 2.0. This shit can't go past phase 0, let alone phase 2. Oh my holy goddess.

Not sure what you mean with not getting to phase 2.

Robert and I have set some budgets for important tasks we want to have completed:
- All-in-one Installer: 5,193,240 (JEff/ Hou5e is working on this)
- Stats Page Developer: 3,505,437 FLDC
- Lead Developer (TBD), Board Seat: 2,596,620 FLDC/year (Open spot)
- Board members: 499,350 /year (Robert and I) (Open spots)
- Webmaster: 1,038,648 FLDC/year  (Open spot)
- Advertising budget: 998,700/year
- Social Media:  249,675 / year (Helene)
- Comms coordinator: 249,675 / year (Helene)
- merged Folding rep: 249,675 / year  (Open spot)
- Cause Coin Representative:  249,675 / year  (Open spot)

As you can see, our main focus is on development and one of the results is the all in one and the stats pages that are in progress.





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Qumiu
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January 10, 2017, 04:20:18 PM
 #1686

how to mining this coin?
xandry
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January 10, 2017, 04:38:11 PM
 #1687

how to mining this coin?
Try to read "How to start Folding" section in first post.

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.FORTUNEJACK   JOIN INVINCIBLE JACKMATE AND WIN......10 BTC........
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..
Rikim4ru
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January 10, 2017, 06:29:40 PM
 #1688

I've been reading a bit on the foldingcoin, and really,

all it needs is a USD to FLDC pharma  project platform/website, where scientist(large term here) from all over the world could buy FLDC, add their own project, and PAY-to-fold (aka Pay-to-mine) it.

The circle would be complete and foldingcoin would have its value.

Correct me if I'm wrong but currently, no one 'need' to buy FLDC, except for PnD and speculation.
At one point for this system to work, FLDC should be brought from the miners... just like bitcoin.

Otherwise wow. just wow. This is an awesome project completely under the radar. Turn this into a Demand vs Offer system and we got a serious business model.

When is phase03?
xandry
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January 11, 2017, 04:59:59 AM
 #1689

Correct me if I'm wrong but currently, no one 'need' to buy FLDC, except for PnD and speculation.
At one point for this system to work, FLDC should be brought from the miners... just like bitcoin.
All right. But FLDC has merged folding with Curecoin wich is accepted for payment on some sites. See https://www.coinpayments.net/store-directory-allpage-1-50 for details.

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.
.FORTUNEJACK   JOIN INVINCIBLE JACKMATE AND WIN......10 BTC........
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.
..
Rikim4ru
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January 12, 2017, 12:55:54 PM
 #1690

I believe this add value to the Folding but not the FLDC.

I got a 1m santoshi question, by estimate, how much to you think the FLDC+CURE folding power is worth for those who use it? How much is worth this 'super swarm computer'  to standford?
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January 12, 2017, 01:23:11 PM
 #1691

FLDc camebeck 
all is work for distribustion coin ,
i look FLDC  , up again on poloniex ,,
Rikim4ru
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January 12, 2017, 09:49:08 PM
 #1692

I believe this add value to the Folding but not the FLDC.

I got a 1m santoshi question, by estimate, how much to you think the FLDC+CURE folding power is worth for those who use it? How much is worth this 'super swarm computer'  to standford?

Anyone?

I'm really look forward the day stanford/pharm will be forced to buy FLDC/CURE and burn it at use...
onefry
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January 13, 2017, 07:17:56 PM
 #1693

I'm surprised it hasn't happened already, it's gotta be cheaper to just buy the folds instead of make them, the cost of the space and to hold onto the tech doesn't seem practical.
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January 13, 2017, 09:36:20 PM
 #1694

Now that price has increased maybe budget should be redone?

I second that. Maybe finances should be re-allocated or organized differently, especially in the light of global world events which are expected to have a bearing on the state of Protein production in the PHASE 2 or whatever the phase number is. By global events I mean physical destruction of US central bank by Godzilla and rise of btc.

shai_
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January 15, 2017, 03:05:22 AM
 #1695

Now that price has increased maybe budget should be redone?

I second that. Maybe finances should be re-allocated or organized differently, especially in the light of global world events which are expected to have a bearing on the state of Protein production in the PHASE 2 or whatever the phase number is. By global events I mean physical destruction of US central bank by Godzilla and rise of btc.

if US central bank will be destroyed by Godzilla, BTC is the last thing you will need to worry about...
Rikim4ru
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January 16, 2017, 11:33:57 AM
 #1696

The hashing power just doubled....

425TH!
K210
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January 21, 2017, 12:48:48 AM
 #1697

For those buying fldc on poloniex...be careful. There is some serious market manipulation going on, some whale is artificially inflating the price. I have had my suspicions for weeks now but today confirmed. If you buy at >100 sats you will probably lose money. Wait for price to come down and grow naturally
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January 21, 2017, 12:49:30 AM
 #1698

The hashing power just doubled....

425TH!

What network?
testcoin
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January 22, 2017, 12:47:17 PM
 #1699

I have had my suspicions for weeks now but today confirmed.


Today confirmed? Could you please make it more clear what suspicions are they and how you confirm them?

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January 23, 2017, 12:48:09 AM
 #1700

I have had my suspicions for weeks now but today confirmed.


Today confirmed? Could you please make it more clear what suspicions are they and how you confirm them?



Well look at the price swings. Bitcoin is rallying and most altcoins are falling back but for some reason foldingcoin goes up 50%. In the past when bitcoin has rallyed FLDC price has stayed at the 100 sat range.
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