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jaybny
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October 07, 2014, 04:26:32 PM |
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ICO start on 21 october?
0 hundred hours utc. |
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jaybny
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October 07, 2014, 04:27:16 PM |
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ICO start on 21 october?
0 hundred hours utc. year of our lord 2014 |
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brother3
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October 07, 2014, 04:48:57 PM |
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ICO start on 21 october?
0 hundred hours utc. year of our lord 2014 Please also visit http://www.breakoutcoin.com/ for more pertinent information. |
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brother3
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October 07, 2014, 07:33:59 PM
Last edit: October 07, 2014, 08:57:22 PM by brother3 |
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so if I buyin to the ICO on the first day, i get 10percent more than the next tier?  Correct! We believe our sliding scale rewards early birds and still give subsequent investors a fair share. Please take a look at: http://fundraiser.breakoutgaming.com/offering/** Edit ** See Arbex's post below. I booboo'ed  |
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Arbex
Newbie
 Offline
Activity: 18
Merit: 0
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October 07, 2014, 08:34:20 PM |
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so if I buyin to the ICO on the first day, i get 10percent more than the next tier? The early bird incentive works like this: If you buyin among the first 10% of all the bitcoin received during the ICO, you get 10% more than if your buyin was received among those in the second half. If your buyin fell into the second 10% grouping of cumulative funds received, then you would get 8% more than those in the second half. If your buyin fell in the 3rd 10% group (decile), you'd get 6% more. 4th decile gets 4% more, 5th decile gets 2% more, and buyins, thereafter, being in the last half of funds received, get their pro-rata amount without any early bird bonus. So, answering your specific question, the early birds get their respective bonus % relative to the non-early birds in the second half. We won't know in advance when or where those decile cutoffs fall. We will find out at the end of the ICO, at which point everything can be calculated. Everyone gets a fair shot, with early birds earning a bonus. http://fundraiser.breakoutgaming.com/offering/ |
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brother3
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October 07, 2014, 09:02:42 PM |
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Hi guys. Please list Breakout (BRO) on the new CoinBlab crypto social network: http://coinblab.comHere is an example page: http://coinblab.com/page/dogecoinCoinBlab also has groups, events, blogs, and IM! Go create an account and secure your username first too! Thanks for the heads up! |
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tricass
Sr. Member
Offline
Activity: 394
Merit: 250
Crypto enthusiast
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October 07, 2014, 11:05:26 PM
Last edit: October 07, 2014, 11:55:14 PM by tricass |
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Sorry if this has been answered already, which exchange do you plan to use for the ICO?
i would like to also know if this is being offered through an exchange like bittrex or escrowed? with regard to mining this coin can existing cryptonite (XCN) or is that cryptonote (xmr, xdn, bcn, etc) GPU mining software be used? is bergstake tied to the mining award address used during the mining process? and if so how does pool mining affect this? will any premine you control be POS staked in the future? -- regrading the ICO process, we are researching various multi-sig / escrow solutions. an exchange does not seem practical because of the bergstake. we are open to entertaining ideas from the public. full details will be available closer to ico window. -- we are working on bot resistance modified CrytpoNight algorithm, "bottlessnight". yes, a modified GPU crytonight clone, will be provided, and can be used for mining. -- yes bergstake can be defined AS the mining reward address. pool mining will be effected, and needs to be flushed out. pools will have to change the way they are operated, or at least offer more BRO rewards in exchange for keeping the bergstake. depending on the success of bottlessnight development, BRO may be very resistant to large public mining pools. we plan on releasing a custom pool that splits bergstake among all members, if possible. -- by definition pre-mined and mined coins will work the same, and can be staked in pos phase. again this ties into the success of bottlessnight development. more on bottlesnight: the idea is to disincentivise malware bot farms. this is accomplished by a) added complexity to managing many different bergstake address during staking. b) requiring knowledge of miners private-key to solve hash algorithm. you could look at how via coin used a modified electrum wallet to do their ICO. i believe it was a multi-sig based solution. please also make sure you cater for both AMD and Nvidia GPU miners. i think the AMD one only works with a pool so your pool solution would be important in getting their participation during mining. i think the bergstake is the more valuable part of this solution as it can't be bought. in my mind it's almost like a secondary coin you have attached to the main coin. how will you be able check how much bergstake you have? would staking follow the same process as other POS coins and be based on similar concepts of coin age and stake weight? if this is the case, then with the premine of 9.5M coins you will hold 67% of bergstake available when POS starts which is too much. given that most of these premined coins will be given away as bounties, promotions, etc the recipients won't receive the bergstake and only the coin. would you consider providing additional incentives to ICO buyers by distributing all of this bergstake to them or at least the 7M worth? i commend you for trying to keep this coin decentralised as much as possible. |
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brother3
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October 08, 2014, 12:03:34 AM |
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Just received words concerning an exciting development... Stay tuned  |
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brother3
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October 08, 2014, 01:27:15 AM |
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Seems like it might be really easy to earn BRO from freerolls and giveaways Will there be a transparent ledger of all transactions and the pre-mine? I only invest in transparent projects. I'm not sure if you're asking the same thing, but, how do we know BRO guys are not buying ICO from themselves?if your asking how do we know breakout gaming is not buying BRO for themselves and from themselves? its a good question. is this a common question with ICOs? This is something that will never be done, its fraudulent, probably illegal and undermines everything we are trying to accomplish. will make sure there is explicit statements that this will not be done, but in the end i think it comes down to transparency and and a little trust. Yes it's quite a common question, usually the question is ignored, or sometimes answered with a "you don't have to invest if you don't trust us". Good to see you're taking a strong stance on the subject though. Welcome to our thread! That is a great question btw.. Keep them comin' |
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