**The ITO of SMBR will end at 11:59pm on October 19th. If anyone is unhappy with the results of the ITO, we are accepting email submissions to sembrodevelopment@gmail.com with subject line "SMBR ITO" to resolve any issues. Please be sure to label the subject correctly and include what the issue is and how you would like to see it resolved. Please be extremely detailed with your submission. We will accept any requests for a 24-hour period from the time the ITO ends (11:59pm on October 19th to 11:59pm on October 20th). Once received we will work with each individual on a personal basis to reach an amicable solution.Anticipated Post-ITO schedule:
1) Receive emails from early investors or anyone unhappy with the ITO up until Monday, October 20th at midnight.
2) Come to resolutions on an individual level by Tuesday afternoon for anyone unhappy with the process.
3) Start distribution from Bittrex to buyers Tuesday afternoon into Wednesday
4) Trading to go live by Wednesday night or Thursday, October 23rd at the latest.
The Sembro Token by Sembro Development
*All logos, headers, and visual aids were created by Albert Dross from Crypto Design
OUR VISIONWe want to grow crypto as an industry from the ground up. Too many "outsiders" view it as a world of scam and corruption with no value. Our team at Sembro Development hopes to change that external viewpoint and produce quality products that enhance the crypto community.
OUR KEY TO INNOVATION One thing you can always expect out of Sembro is innovation and unique platforms. We strive to be the thinkers of the world and only create what we truly believe in and have a passion for. This in turn helps us produce top-tier products consistently. We are firm believers in our three pillars, “think, plan, and grow.” These guidelines provide everything necessary to create true masterpieces. As developers for outside projects, we have a strict policy to not take on any project we are uncomfortable with or do not believe we can do better than anyone else. By abiding by these rules we have set for ourselves, we keep customers happy and returning. One thing you can definitely expect when Sembro takes on one of your projects is to be astounded by how many angles we approach planning. We guarantee we will open your mind to at least one new feature to be implemented that will increase the success of your project
OPEN COMMUNICATIONWe love talking with like-minded individuals and helping them turn their ideas into reality so feel free to reach out to us at any time! Email any questions to
sembrodevelopment@gmail.com.
The virtual currency industry survives on the P2P protocol so we decided to offer a profitable opportunity to the people who will actually be using and
benefiting from our products rather than making a venture cap firm even richer through the use of the Sembro Token.
Overview: Our Company will be broken down into 2 main sectors. One sector providing blanket software applications and solutions to enhance the crypto currency industry as a whole and the other sector to focus on enhancing individual altcoins through a wide array of products that will be showcased through Sembro Tokens (SMBR) and possibly FuelCoin (FC2).
Coin-specific products: (once a dev team proves to us they will stick with their project and have sustainable long-term goals we will begin working with them to strengthen their network)
• Android Mobile Wallet
• iOS Mobile Wallet
• Social media integration into both mobile and desktop wallets
• Messaging (encrypted) integration into mobile and desktop wallets to create a community that can easily communicate with one another and stay up to date on coin-specific news.
• Video integration into desktop wallets
• Video integration into mobile wallets for a “facetime-like” communication experience
• Coin-specific trading bots utilized to stabilize exchange prices and promote continued growth
• Variety of simple online games such as dice, spinning wheels, cards etc. designed to grow the community and increase community interaction
• Enhanced design of desktop wallet
- Name: Sembro Token
- Ticker: SMBR
- Total Coins: 2,750,000. 2,500,000 mined for ITO, 250,000 paid out in 1% annual staking. We decided to go with 2,500,000 initial coins because that is the approx. number of active Bitcoin users so it provides a good representation of the community at this point in time.
- Algo: scrypt-pow/pos/posup (proof of supporter)
- ITO Exchange: https://www.bittrex.com/Market/Index?MarketName=BTC-_SMBR
- ITO Date: Monday October 13 - Sunday October 19
- ITO Terms: There is no set maximum market cap for this ITO, Bitcoins will be sent to Bittrex and then coins will be distributed as a proportion of the total Bitcoins received during the length of the ITO. If no more than 25 Bitcoins are raised then investors will be re-funded in full by Bittrex.
The ITO is being held on Bittrex as a safe escrow service. A Bittrex account is necessary to buy Sembro Tokens. Follow the link below to go to the Sembro Token market page.
https://bittrex.com/Market/?MarketName=BTC-_SMBRSteps:
1) In the “Buy Sembro” box, change the “Bid” to “Ask” (use the “Price” drop-down menu)
2)Enter BTC amount of desired purchase in “Total w/ 0.25% fee” box
3)Place Order
4)Smile! You will receive your Sembro Tokens from Bittrex shortly after the ITO ends on Sunday, October 19th.
IMPORTANT: Bittrex set an arbitrary price of 1 BTC for 1 Sembro Token. Ignore this. The tokens will be distributed proportionate to purchases, based on this formula: (Your BTC buy amount)/(Total BTC Buy Amount) x 2.5 million coins
Video Resources (Highly recommend watching):
President Ian Worrall Vice President Luigi Cesaratto Director of Financial Technologies Amit Kumarsen Director of HR Megan Doran
Roadmap Visual:
Roadmap Explained:The core of further development starts with the VC Fundamentals research platform and Bitcoin Expense Tracker technology which will be built upon to develop our other projects. They each work separately up until the VCP Optimizer and the 3rd-tier asset exchange where technologies from both will be combined to create an all-in-one research, accounting, news, and trading platform.
1)The VC Fundamentals route/path: The VC Fundamentals research platform is the basis of news and virtual currency research. It will provide new stories and information about the industry as well as an in-depth analysis of each coin (prices, volatility, beta, charts, etc.) and information about the development team. The database behind the scenes on this platform has millions of lines of data which will act as a core for all future analysis and financial calculations.(This is for the beginning investor/trader)
Then we will build upon it to create a Pro-access platform which will be web-based and users can purchase a subscription access to the portal to be taken to a restricted site which will have increased data analysis and insider breaking news tips. The data analysis will also include reviews by analysts who research each coin in-depth and provide ratings based on these findings such as buy, sell, or hold the specific coin. It will also have more charts, include moving averages, and a lot more stock-like metric analysis which can be used to better forecast future price movements and identify trends. (This is for the medium-skilled investor/trader).
Then we will create the Virtual currency portfolio Optimizer which will be downloadable desktop software which will include all of the news, financial calculations, analyst reviews, etc. stated above as well as real-time tracking of portfolio value, gain/loss per coin, and gain/loss/tax-liability for the entire portfolio (by integrating blockchain technology used in the Bitcoin Expense Tracker , this is where the two technologies meet together and combine for the first time). The software will also use information from the VC Fundamentals database to assess portfolio risk for each user and offer hypotheticals for adding new coins to the portfolio. For example, if a user wants to buy blackcoin they can run a hypothetical and using all of the compiled data from the database and calculations it will tell the user if buying that coin will strengthen or weaken their portfolio.
Then we will develop a mobile version of this software so users can track their portfolio, news, and everything on the go. It will be like the Bloomberg terminal is for stocks and ordinary finance. You can access it online or on mobile using the same account log-in credentials.
2)The Bitcoin Expense Tracker route/path: The blockchain technology already used in the current software we have developed will be expanded upon and changed to be optimized for business calculations (taxes are computed differently than traders in the Bitcoin Expense Tracker). Both of these software products will have mobile versions created as well. The Bitcoin expense tracking blockchain technology will be used in the VCP Optimizer to calculate portfolio value by using the blockchains of coins to keep track of holdings and multiplied by current market value of those coins. (This is where the BET meets the VC Fundamentals path and combines technologies).
3)These 2 paths combined will help create the decentralized 3rd-tier asset exchange which will rule the bitcoin trading industry. Not only will this exchange provide tools for traders to hedge risk of their portfolios but also businesses that accept a lot of Bitcoin to be protected against price volatility. It will be paired with the research platforms so it is also a place to compute research and view news as well as making trades, which makes it an all0in-one traders/investors dream platform. We will also create a mobile version of this so traders can do everything on the go.
4)Then on the Bitcoin Expense tracker path adaptable merchant codes will be created using the technology to help consumers get the price they want to receive in relative fiat value. This along with the exchange and small business accounting software will help grow the amount of companies that accept Bitcoin because it provides all of the solutions needed to accept Bitcoin, do accounting, and hedge risk via the instruments on the exchange.
5)Some things that could be included on the roadmap that I did not list are product opportunities that become available through our technological progressions. The blockchain technology (analyzing the blockchain, computing it back-end, and then displaying it to the user on a front-end display) will make a variety of things possible such as messaging, video, voice, data storage, and hosting through the blockchain.
Equity (current product cost to develop):• Bitcoin Expense Tracker $28,800
• Trading Bots 1,320
• VC Fundamentals Site + Database 7,200
• BitLogic (Android + iOS) 4,800
• SprinklerDash (Android + iOS) 8,400
• Bitcoin Roulette (Android + iOS) 6,000
• CoinDarts Online Game 9,600
Total Equity: $66,120 (≈ 184btc)
Current Product Estimated Cash Flows:• Bitcoin Expense Tracker 25,000btc
• VC Fundamentals Site Database 15btc
• BitLogic (Android + iOS) 400btc
• Bitcoin Roulette (Android + iOS) 300btc
• CoinDarts Online Game 2,500btc
• SprinklerDash (Android + iOS) 225btc
Total Expected (Lifetime) Revenue: 28,440btc
*How total expected revenue was calculated. We took the price of product or revenue from advertisements based on 2.5M current crypto users and then divided it by 10. So we are basing these estimates on the idea that 10% of crypto users will use our products and we understand it may be less than 10% but we also did not factor in a growth rate for new people joining crypto over the next 5-10 years so listed figures should show a very close estimate to total revenue per product and in total.
Future Products Estimated Cash Flows:• Individual Coin Advancements 60btc
• VCP Optimizer 1,200btc
• VCF Pro-Access 3,000btc
• Small Business Expense Tracker 1,500btc
• Advertiser/Publisher Platform 150btc
• 3rd Tier Asset Exchange 912btc
• Automated Pricing Code 30btc
Total Expected Revenue: 6,852btc/year
*We based these figures using the same process as listed above for current product total expected revenue. Individual coin advancements is based on completing developments for 20 coins each year at an average of 3btc in revenue per coin.
Future Housekeeping:•Transparent spending ledger on a separate domain to record all transactions made.
•Community polls and input on new product ideas prior to development and/or launch.
•First-release demo access to specific products for real-world application feedback.
©Sembro Development. All Rights Reserved. By posting on this forum and/or affiliated sites we do not waive our sole right to ownership of any listed products or intellectual property.
Sembro Development Disclaimer:We are working to make this process abide by all current regulations. Please be aware that by purchasing the Sembro Token it by no means grants equity nor provides any form of ownership of Sembro Development to the buyer. This is designed as a crowdfunding campaign utilizing the innovative concept of the Blockchain.
Bittrex Disclaimer:Bittrex will be hosting the Sembro ICO. As a reminder, we are providing escrow for the development team. We are not endorsing this coin or any others on our exchange. Please do your own research before trading. Below are the FULL and DEFINITIVE terms for this ICO; no other conditions are required.
* We will review the wallet before initially adding it.
* We will put up for sale 2.5M coins, which will be distributed proportionately to amount of BTC collected.
* The ICO will run for 6 days starting October 13, 2014 and ending October 19, 2014
* A minimum of 25 BTC must be raised to complete the ICO.
* If success conditions are NOT met, all BTC invested will be refunded through a buy wall.
* Once the ICO is over we will verify there is working wallet, blockchain, and block explorer.
* We will hold the funds in escrow for 7 days - at which time, we will release the funds.
* No trading of the coin will be allowed until the ICO ends and escrow is released.
* ALL SALES ARE FINAL AND THERE WILL BE NO REFUNDS - by participating in this ICO, you are agreeing to the above terms.
