[ANN][CXC] The CASH-REGISTER for Crypto-Currency!

IT WORKS!!

Total Coin Supply: 5,000,000
Proof-of-Stake Interest Rate (per annum): 4%
Block Spacing: 60 seconds
Blocks to Maturity: 60

Getting started:

Step #1: Download the Wallet

CheckOutCoin Windows qt with installer:
checkoutcoin-1.1.1-win64-setup.exe 9.1 MB

CheckoutCoin Windows qt without installer:
checkoutcoin-qt-1.1.1-win64bit.zip 10.8 MB

CheckOutCoin Mac QT:
checkoutcoin-qt-1.1.1.app

CheckOutCoin Source-code:
https://github.com/CoinCheckout/CheckoutCoin

CXC - PLAN #A - How Investors will make ROI!

CXC - Demonstration December 23. 2014 - A Brutally HONEST Cash-Register for Crypto-Currency!
How it works in the back-end.

How the CXC Cash-Register see coins VS how CoinMarketCap see them (Demo DEC 24/2014) Back-End & Examples using Bittrex, Poloniex & Cryptsy:

CXC on Bittrex:
https://bittrex.com/Market/Index?MarketName=BTC-CXC

Block Explorer:
~~http://spy.cxc.bid~~ http://www.blocktree.io/

5m coins total, all coins distributed.

So... how to Buy CXC right now?

If you don´t have CXC, but would like to do an investment, the best way to do that is to place a good bid using Bitcoin at a relevant price on bittrex https://bittrex.com/Market/Index?MarketName=BTC-CXC - That way, investors who bought into the ICO will be able to see your demand and can decide wether they want to fill your buy-order or not.

CXC is a 4 % stake-currency with a very educated buyers-group, and most of them don´t want to move the CXC-coins out of their wallets unless it is really worth their time. Expected time to get a relevant buy-order filled can be anything from a couple of minutes to a few hours unless demand is effectively increasing in which case your order wont be filled.

How to Trade CXC right now?

If you have a large portion of CXC that you need to administrate, the best way to do that is to download and install the Quatloo-Trader from http://www.quatloos.org - It is a great tool for coin-administration and let you effectively trade the market listing them up the sell-side or scalp above or below the low ask. To make it work, you need to fund your Quatloo-wallet on Bittrex with minimum 1000 Quatloos, you can buy them in this market right next to where you buy CXC - https://bittrex.com/Market/Index?MarketName=BTC-QTL

What is a good exit-strategy if I am a day-trader?

If you are day-trading, a good exit-strategy can be to re-list 10 % of your coins every 10 % - up the sell-wall, and pay attention to details, chat with the other investors in the IRC-channel 24/7 and get as much information around the clock as you can to stay ahead of the game and make more BTC.

What is a good re-enter-strategy if I am a day-trader?

Again, if you are day-trading/playing the margings-game, a good re-enter strategy can be to place bids in 10 % bulks 10 % decrease down the buy-side hoping that some or all of them get filled, this way you´ll make more CXC.

Am I guaranteed to make money day-trading?

No.

OK, so screw day-trading - What is the long therm goals?

We are developing a cash-register for crypto-currencies traded around the world, something that all these webshops and restaurants and toy-stores around the world can easily install and make good use of. Right now we are in the early development stage, and the long therm goal is to have a working viral product that will make the world outside able to hook up with our world of many coins and much confusion.

Ok, cut the crap - how do I make money?

As a part of the agreement with our community - the people who own the CXC crypto-currency from the ICO investment they did, our CXC Cash-Register will require the CXC currency as activation-key, so in the end when we have a working cash-register and you see google ads around the web talking about the Cash Register for Crypto, then you will see thousand of people rushing in to buy some, and then hundreds of thousands and then millions of people will get hooked up, so the idea is that the CXC can become very valuable in the end... by real demand.

Ok, you talked me into it - I own a lot of CXC now, and I am already making a lot of money - How can I support the development-team of the Cash-Register further?

Donate CXC to us at this address: CR4vEgUFdoPrPA2C1FRHngamaGZXNcTFaS
Donate BTC to us at this address: 1GmVcVa2yU42KAcLnVDNtoscJ85NqU7Hz8
Donate BC to us at this address: BBbMSDCeu2t9gfsP7wNb2MpAu43W4Zwusd
Donate LTC to us at this address: LRc27zf7B47Nza4r5NLAP7NH9yhQZNQFEd
Donate DOGE to us at this address: DNFxCBg1FytTHdX261ejbNg177twLRj1Wa
Donate Quatloos to us at this address: Qfz3p9UtXVw1S8gQWGYmA1VhQUDzLxkeUp

If you want to contribute with more then a cup of coffee or a case of beer, send us a PM.

Anything else I can do to help? maybe make some money on?

Yes, we have relevant tasks ready to be fulfilled, see the bottom of this post for bounties and send us a PM if you feel like you have what it takes to work with our team in other areas as well. There are many good things to be done, every day is a new step on the way.

Introduction to CheckOutCoin:
CheckoutCoin is born from a real need in the market that our founder personally encountered while looking to integrate alt-coin payments into an online shopping cart. As we all know, crypto currencies in their present nascent stage tend to be highly volatile in price and volume. For certain currencies this makes pricing and acceptance a challenge for the merchant. The challenge arose as to how to manage the volatility without having to actively manage pricing of the entire inventory, and without the consumer having to go to the checkout process in order to find out the price in the currency of their choice.
In CheckoutCoin we have formulated the solution, but we realize it will take a fair amount of time and development effort to bring the solution to the market. CheckoutCoin will solve a real problem staring down the face of macro adoption in the crypto currency ecosystem. In addition, it provides the basis for the development and roll-out of additional value-added services on top of the platform.

The vision:
The CheckoutCoin vision is the creation of a complete alt-coin payments solution that integrates automated dynamic pricing. This advanced dynamic pricing engine is devised to calculate in real-time the liquidation value of an equivalent amount of the base currency (for instance US dollars or Euros). In other words, given defined base pricing in a broader currency the engine can look at the order depth and books across multiple supported exchanges and determine what the real equivalent value is in alt- coin quantity.
In so doing, the CheckoutCoin engine will provide the ability to smooth out the impact of volatility on pricing accuracy, by providing the capability to integrate real-time pricing into consuming shopping cart software to a degree that has not been made available to date.
Building on top of that core capability, the plan for CheckoutCoin is to provide several key components over time:

1. A “gateway” or web-based service that anyone can integrate with to retrieve dynamic pricing and process payments in supported alt-coins. This will allow both payment processing as well as a pricing feed.
2. A reference shopping cart implementation that merchants could use off the shelf to stand up an e-commerce website utilizing the full capabilities of the CheckoutCoin gateway.
3. Plugins or adapters for existing COTS off-the-shelf shopping cart packages.
4. Wallet client integration to bring the same capability into the merchant’s brick-and-mortar
operation.

Crypto-Economic Design:
The economic model for CheckoutCoin is driven by a “hold-for-access” requirement. Merchants will gain access to use the gateway capabilities by holding a certain required amount of CXC. However, unlike other coins that have used this model, CheckoutCoin will require that amount as defined in BTC. Our tiered model will require a certain BTC equivalent amount of CXC, in order to:

- Gain access to use the gateway
- Low volume merchant API tier
- Mid volume merchant API tier
- High volume merchant API tier
- Unlock Point-of-Sale Interface

This will help to support and stabilize the CheckoutCoin market price.

Development
The bulk of the ICO proceeds will be used to fund the software development of the gateway, the dynamic pricing engine, the reference shopping cart implementation, as well as in-wallet features.
The development process is intended to rapidly deliver core functionality to get the base system up and running and usable by merchants in rudimentary form as quickly as possible. Following that the system will be built out following an agile development methodology with regular releases. Because the core gateway environment is essentially a “cloud” application, rollouts of agile sprint output should occur with short duration frequency with minimal customer impact.

Marketing
We anticipate that about 20% of the ICO proceeds will be allocated to marketing and promotion of CheckoutCoin and the gateway, in order to gain awareness amongst merchants and drive interest in CXC.
Marketing activities include the creation of collateral materials – digital and physical, as well as social media marketing, search engine marketing, content marketing, and press releases. We anticipate the bulk of marketing costs to include cost of production, distribution, as well as service fees for promotion.

Operations
Part of the ICO proceeds will be used to fund operations of the CheckoutCoin infrastructure. This includes the need for high performance load-balanced server infrastructure that can provide a responsive API experience for consuming applications.

In addition to core product development, we will also need to develop custom tools and utilities for monitoring and administering the CheckoutCoin gateway back-ends and other components of the system.
As opposed to development, which is generally a one-time sunk cost per feature or piece of functionality, operations is an ongoing expenditure. There will be a period of time during the merchant- acquisition and adoption phase where the CheckoutCoin team will need to subsidize the costs of the operation of the system. This is a realistic and not-insignificant expense that many teams often overlook, which results in the crippling of their project as they cannot afford to operate their system. A portion of the funds raised via the ICO will be allocated for these needs.

Bounties & Rewards:

Help us reach out to as many people as possible during the 30 day crowd-funding period on http://crowdfunding.cxc.bid and you will be BTC-rewarded according to your referrals signups over 2 levels.

Level 1: 3 % Referral bonus (direct referrals)
Level 2: 2 % Referral bonus (indirect referrals)

You will find your referral link next to your BTC/CXC address on the crowdfunding page.

Competitive Landscape and CheckoutCoin Market Positioning
There are a number of commercial offerings and competitors emerging on the market for merchant enabling technologies. CheckoutCoin is not a company, however, but a decentralized crypto currency network with a gateway protocol and distributed services. So as opposed to commercial offerings that live and die with their corporate overlords, the CheckoutCoin system will always have the failsafe of open source technology that can be picked up and enhanced and contributed to by anyone with the appropriate skill set.

Other offerings require either expensive up front integration fees or taking a dependency on businesses that may be biting off more than they can chew. The CheckoutCoin concept is to bring realistic solutions solving specific needs to merchants who wish to adopt alt-coin payments without entering into contracts or complex business scenarios, but rather more in the spirit with the crypto currency ecosystem in general. Instead of high priced integration fees or other barriers, CheckoutCoin will be accessible to the little guy just as much as the big guys.

CheckoutCoin Coin Specifications:
We have carefully developed the specifications of the CheckoutCoin proof-of-stake and coin network to support the crypto-economic model of the gateway system without diluting the value of the market out of the gate.

Total Coin Supply: 5,000,000
Proof-of-Stake Interest Rate (per annum): 4%
Block Spacing: 60 seconds
Blocks to Maturity: 60

Getting started:

Step #1: Download the Wallet

CheckOutCoin Windows qt with installer:
checkoutcoin-1.1.1-win64-setup.exe 9.1 MB

CheckoutCoin Windows qt without installer:
checkoutcoin-qt-1.1.1-win64bit.zip 10.8 MB

CheckOutCoin Mac QT:
checkoutcoin-qt-1.1.1.app

CheckOutCoin Source-code:
https://github.com/CoinCheckout/CheckoutCoin

Step #2: Copy your CXC-Address from the wallet under "Receive Coins"

Step #3: Go to http://crowdsale.cxc.bid/ and follow instructions

you can download and save the PDF version of the Whitepaper here

BOUNTIES:
third party features - Total of 0.45 BTC worth of CXC

~~0.15 BTC worth of CXC - Block Explorer with top 100 rich-list and CXC design~~ - We made it ourself to get on bittrex.
~~0.15 BTC worth of CXC - Hosted Faucet with CXC design~~ - We´ll get back to this bounty later if needed, the IRC-bot works for now.
~~0.15 BTC worth of CXC - IRC Tip-Bot & Price-Bot for #CXC on Freenode IRC~~ - Claimed by: CUrENtmJh98nJexpDHVqcE7uJWqJXicXb4 - SubCreative
Translations - Total of 0.7 BTC Worth of CXC

~~0.10 BTC worth of CXC - Chinese Translation~~ - Claimed by: CXNTZu1zB9dfBTx4PJP7yb545KmGELJQAQ - https://bitcointalk.org/index.php?topic=887775.msg9789383#msg9789383
~~0.10 BTC worth of CXC - Hebrew Translation~~ - Claimed by: CNL6cpo626fWmVQKkjy1sBSUgQLav1WnJp - https://bitcointalk.org/index.php?topic=885449.new#new
~~0.10 BTC worth of CXC - Russian Translation~~ - Claimed by: CeDjujCuNcMmWv4DMVSQSTRoNNQ6qyb2py - https://bitcointalk.org/index.php?topic=887438.0
~~0.10 BTC worth of CXC - Slovenian Translation~~ - Claimed by: CVyQWd3aC5c6YpPBw8SG46SgSiYGA1Zju4 - https://bitcointalk.org/index.php?topic=23321.msg9786156#msg9786156
~~0.10 BTC worth of CXC - Spanish Translation~~ - Claimed by: CbPhR2PxC7KaoNcefyP84njZNidVei32EL - https://bitcointalk.org/index.php?topic=888541.new#new
~~0.10 BTC worth of CXC - Portuguese Translation~~ - Claimed by: CN6ZCtMATWSzyuJH1xVjzvryVyxPjprX3G - https://bitcointalk.org/index.php?topic=889268.new#new
~~0.10 BTC worth of CXC - Arabic Translation~~ - Only two fake entries, going to skip this bounty as the arabic community seem to be non-existing around here.

Tweet $CXC @BidCXC & send people to www.cxc.bid +3 % commission on referrals
The best fundraiser will also be rewarded with a $1200 1st edition Whiskey sponsored by our founder. - Claimed by CoinJoint

Well written articles:

0.2 BTC worth of CXC - 2000 words blog/article about CXC in your local language targeting web-shops
0.1 BTC worth of CXC - 1000 words blog/article about CXC in your local language targeting physical stores
0.05 BTC worth of CXC - 500 words blog/article about CXC in your local language targeting new investors

Make a good 3-2-1 minute Youtube-video

0.3 BTC worth of CXC - 3 minutes edited & published for news
0.2 BTC worth of CXC - 2 minutes edited & published for entertainment
0.1 BTC worth of CXC - 1 minute edited & published for how to & style
+bonus as we see fit, ask first.

Make a PodCast/tubecast

0.03 BTC worth of CXC - 5 minutes audio edited & published for news
0.02 BTC worth of CXC - 4 minutes audio edited & published for entertainment
0.01 BTC worth of CXC - 3 minute audio edited & published for commercial
can be more, depending on quality and audience.

CXC on Bittrex:
https://bittrex.com/Market/Index?MarketName=BTC-CXC

Block Explorer:
~~http://spy.cxc.bid~~ http://www.blocktree.io/

The side that the customer will see is easy and straight forward - but the backend that we are building is what will make everything work for everyone, everywhere there is Internet.

/join #CXC on freenode IRC for minute to minute chat and events.