[ANN][ELM] Element Coin

[twarlock]

DEAD

[Zlate]

I received a question to my mail:

If I ask you to explain your project in 7 simple sentences. Would you be able to do so?
That should include the description of the idea, target audience, monetization, steps to be taken for that and what you are offering to buy and giving in return.

My answer:

1. We made a coin, that is more secure and suited to the gamers particulary and is intended to be used in our online game.
2. If you buy our coin you are actually investing in a MMO/RPG/FPS game that is being developed on Unreal engine 4.
3. You will be able to use those coins as a currency in a game, exchange them on markets or pay for something in our online shop.
4. Game will be called Supremacy online and it will provide a platform for gamers to play and earn at the same time, and for designers to earn by contributing their designs to the game.
5. By investing 1 Bitcoin or more you will be entitled to a profit made in online shop, from our mining pool and most importantly from the profit that the game makes.
6. We calculated we need 400 BTC to make a demo game and then go to Kickstarter for additional funds, or 800 BTC to make the whole game.
7. We have six C++ programmers with 10+ years of coding experience and are negotating with two teams of 20+ 3D designers with plenty experience who would be willing to work with us.

CEO Proof of Identity video

https://www.youtube.com/watch?v=HK3tPxQO7oc

Articles

http://www.altcointoday.com/interview-with-one-of-the-founders-and-creators-of-element-coin-zlatko-pesic/

scforum.info

cryptoarticles.com

http://www.cryptoarticles.com/crypto-news/element-coin-developer-inovatium-ceo-provides-proof-of-identity-video

[mumak]

Algo?

[louiseth1]

Looks like this one has some potential! Closely watching.

[twarlock]

Algo?

There is no mining per se. POW will be done by the end of ICO. POS is sha256d.

[mightgetlucky]

Finally a coin with a real long term plan and well written papers.

[m4xp0w3r7]

Anonymous project, Newbie account and ICO... hmm 

[twarlock]

Anonymous? Not really:
http://elementcoin.io/#about
http://inovatium.com/#about

[Zlate]

Thanks. All comments are appreciated.

[Corleone1918]

how many btc need .

[chesthing]

These month long ipos are not conducive to profit except for the one holding the ico. No thanks.

[twarlock]

how many btc need .

I don't think I should answer that from the top of my head. We have that in detail "on paper" so I'll post the answer in the "reserved Q&A section", tomorrow when I'm at the office.

These month long ipos are not conducive to profit except for the one holding the ico. No thanks.

If you're in for a "quick buck" than no, this is not the coin you're looking for. But if you are interested in a long term profit, than please take your time and read the papers.

reserved, but not sure about future of this coin 

Why?

[CLains]

I'd like to know more about this game.

[Kikecoin]

ehhh ill stick to battlefield, im not a big fan of ICO's - why dont you try a kickstarter or something...

[BreadJoint]

http://elementcoin.io/img/ema.jpg

this girl looks hot. She would totally help raising more money for the ICO if she'd provide the community with some.. erm.. creative pics of herself 

[twarlock]

I'd like to know more about this game.

Here are some "papers" about the game.

http://inovatium.com/upl/SUPREMACY-GameOverview.pdf
http://inovatium.com/upl/SUPREMACY-HowToEarnMoney.pdf

If you still have questions please don't hesitate to ask.

ehhh ill stick to battlefield, im not a big fan of ICO's - why dont you try a kickstarter or something...

Because we will implement Element Coin as an in-game currency (with in-game wallet - a real crypto currency wallet). Players will be able to use Element Coin in the game for buying items (guns, vehicles, ...) on the market ... and also earn it by trading items, production of items etc ...

Please read the white papers for details.

[old fart]

How do we know you won't dump the 5% of the ICO that is supposed to go to the stability fund?

[Zlate]

As you can see in our Profit Share Model, 5% that go to development fund is from the Element Portfolio. In the Portfolio there are no Element Coins. Stability fund will be in BTC only.

It also makes no sense to have Element coins in there. They are needed in game, though.

Element Coin is an essential a part of the project. It is needed for Supremacy OnLine game to function properly.
We intend to make money with the game and also with our mining pool, which we will do by utilizing hashing power of the interested miners/gamers.

Most importantly, we will share our profits from the entire project as seen under portfolio section of our announcement.

We are a company with developers as employees. ICO is meant for the development fund so we can hire more coders and designers.
We do business to earn and to make it worthwhile to us and to our investors. Nothing more and nothing less.

[Emmie_91]

http://elementcoin.io/img/ema.jpg

this girl looks hot. She would totally help raising more money for the ICO if she'd provide the community with some.. erm.. creative pics of herself 

Haha. Next time when we make a coin with Proof Of Tits xD

[kosaet]

Greedy dev, ico + pos, and 1000 lines "we will do this, we will do that, we are number one, bla bla bla" ,.nothing new... Good luck with send your btc's in black hole guys ....