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Author Topic: [ANN] PLANET COIN - SCRYPT - SAVE OUR PLANET!  (Read 2811 times)
planetcoin (OP)
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February 28, 2015, 07:55:17 AM
Last edit: March 02, 2015, 04:08:12 PM by planetcoin
 #1

PLANET COIN

Planet coin is a scrypt based alt coin that allows people to buy and sell products online. Planet coin is a unique coin that allow people to generate coin when they are sleeping (POS) and when they are completing little tasks (POJ). Planet coin is a PEG based coin. Planet coin will be PEG against BTC with a FIXED price of 1 planet coin equal to 0.0001 BTC. People will be able to execute their PEG every sunday between 6AM - 7AM PST.

PLANET COIN

Coin Structure:

There will be no premine as we don't like dumping coins on our believers. We will launch a ICO (escrow services - still need to find a valid escrow person) to cover our costs (not to make profit out of ICO investors) and to startup the coin.

Block Time : 120 seconds per block

Block 1 : ICO block - 50,000 PLANET COINS
Blocks 2 - 10000 : 2 PLANET COINS
Blocks 10001 - 20000 : 1.5 PLANET COINS
Blocks 20001 - 30000 : 1.25 PLANET COINS
Blocks 30001 - 50000 : 1 PLANET COINS
Blocks 50001 -100000: 1 PLANET COINS
Blocks 100001-500000: 2 PLANET COINS

POS: 3%

Total coin PEG value (without POS) : 96,75 BTC!!!

PEG price can be adjusted based on 10 day moving average but will be always more then 0.0001 BTC.

Every month 1,000 PLANET coins will be sent to a wallet that cannot be recovered. Yes, that is right we will destroy 1,000 Planet coins every month and this for the first 12 months!!!! After those 12 months we will adjust the number of coins that will be destroyed based on price.


More information will come in the near future.

Escrow Koelen3
ICO : 15SrrAzWcdfC7tsXjHWWKjiciEkQwyLSNF
Price per coin: 0.0001 BTC
All coins that weren't bought will be DESTROYED. So no splitting will happen over the people that join ICO
ICO will be cancelled if amount is not more then 3 BTC, BTCs will be refunded.
Min deposit should be 0.01 BTC or 100 PLANET COINS.



Roadmap
  • Coin launch 3/7/2015
  • Block Explorer
  • Walletchat
  • PaperWallet
  • FIAT - 0.0001 BTC per 1 PLANET COIN
  • ...
gilangIDR
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February 28, 2015, 08:03:14 AM
 #2

i'm first ?

sound good save planet , save galaxy , save ...

but , long POW , little reward  Tongue
placebo
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February 28, 2015, 08:34:02 AM
 #3

i'm first ?

sound good save planet , save galaxy , save ...

but , long POW , little reward  Tongue

Back to the old school. Back to DOGE basic. No cheap mining like a 5 days POW coin. In fact i like it. Only a little more information would help Cheesy Save bitcoin Wink that was the missing word on ... Cheesy
arloseb
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February 28, 2015, 09:21:37 AM
 #4

lololol.

Same dev of risk here?
Same ann style and block rewards.

ParmaBTC
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February 28, 2015, 09:31:51 AM
 #5

HI
If placebo, cause he come first, don't do escrow himself
then i could do it once more
PM sent
thanks
Nthused
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February 28, 2015, 09:41:35 AM
 #6

There will be no premine as we don't like dumping coins on our believers. We will launch a ICO (escrow services - still need to find a valid escrow person) to cover our costs (not to make profit out of ICO investors) and to startup the coin.

So how are you going to do an ICO if you aren't premining any coins to offer for the ICO coins ?

ICO stands for Initial Coin Offering....
placebo
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February 28, 2015, 09:45:05 AM
 #7

lololol.

Same dev of risk here?
Same ann style and block rewards.



A lot of copy & paste coins... every day that i check out new coins then it looks like, mmm, i know this from somewhere, is that not a copy of coin X, or coin Y.
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February 28, 2015, 09:48:03 AM
 #8

HI
If placebo, cause he come first, don't do escrow himself
then i could do it once more
PM sent
thanks

How is your first escrow running?
ParmaBTC
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February 28, 2015, 10:00:40 AM
 #9

There will be no premine as we don't like dumping coins on our believers. We will launch a ICO (escrow services - still need to find a valid escrow person) to cover our costs (not to make profit out of ICO investors) and to startup the coin.

So how are you going to do an ICO if you aren't premining any coins to offer for the ICO coins ?

ICO stands for Initial Coin Offering....

good question!
it could change escrow rules

HI
If placebo, cause he come first, don't do escrow himself
then i could do it once more
PM sent
thanks


How is your first escrow running?
it's nice but hard job still to come
placebo
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February 28, 2015, 10:02:55 AM
 #10

There will be no premine as we don't like dumping coins on our believers. We will launch a ICO (escrow services - still need to find a valid escrow person) to cover our costs (not to make profit out of ICO investors) and to startup the coin.

So how are you going to do an ICO if you aren't premining any coins to offer for the ICO coins ?

ICO stands for Initial Coin Offering....

good question!
it could change escrow rules

Guys:

Block 1 : ICO block - 50,000 PLANET COINS

The first block is the ICO block. Cheesy

placebo
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February 28, 2015, 10:03:56 AM
 #11

it's nice but hard job still to come

Indeed, it is not just a easy job, so it is normal that escrow people get a nice amount in BTC Cheesy
trafficolaa
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February 28, 2015, 10:10:07 AM
 #12

just a shitcoin, Dev want to sell shit for high price.
placebo
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February 28, 2015, 10:13:18 AM
 #13

just a shitcoin, Dev want to sell shit for high price.

Happens a lot... look at BITBean!!!???

How many DEVs stay working for their coin? I don't know a lot of coins that launch and two months later they are still working on it, the original dev i mean here...

And even if you have a coin and you are working for it (like mine ROSCOIN), it doesn't mean that it all work out, as i have to move mountains to keep ROS active etc.

Havelivi
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February 28, 2015, 10:28:58 AM
 #14

just a shitcoin, Dev want to sell shit for high price.

Happens a lot... look at BITBean!!!???

How many DEVs stay working for their coin? I don't know a lot of coins that launch and two months later they are still working on it, the original dev i mean here...

And even if you have a coin and you are working for it (like mine ROSCOIN), it doesn't mean that it all work out, as i have to move mountains to keep ROS active etc.



only a few Dev are working on their coin to deliver their promises, but 99% are just shitcoin,
easy way to get money with ico and run with that money.
placebo
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February 28, 2015, 10:33:39 AM
 #15

just a shitcoin, Dev want to sell shit for high price.

Happens a lot... look at BITBean!!!???

How many DEVs stay working for their coin? I don't know a lot of coins that launch and two months later they are still working on it, the original dev i mean here...

And even if you have a coin and you are working for it (like mine ROSCOIN), it doesn't mean that it all work out, as i have to move mountains to keep ROS active etc.



only a few Dev are working on their coin to deliver their promises, but 99% are just shitcoin,
easy way to get money with ico and run with that money.
Yeap.

In my eyes there are always only a few winners:

1. Coin owner (because of premine, ICO, etc)
2. Exchanges (because of fee, listing BTC, etc)
3. Mining pool (because of the fee)
4. Miningrigs (because of the profit they make on the rig)
5. Early ICO investors and dumpers (because EVERY ICO will move higher in the first days)

I join SMAC on Bittrex, not because i like the coin, or believe in DEV. Just because i know that point 5 will happen, they will pump it and i will dump it. That is how i make money. Joining ICO and dump it at the pump. And making money with running some escrow services + promotion on the coins.

But you are 100% right. 99% of the coins are coins that stay alive only a few days till dev is away (check Bitbean,...) but there is always some money to make somewhere.


arloseb
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February 28, 2015, 11:21:19 AM
 #16

just a shitcoin, Dev want to sell shit for high price.

Happens a lot... look at BITBean!!!???

How many DEVs stay working for their coin? I don't know a lot of coins that launch and two months later they are still working on it, the original dev i mean here...

And even if you have a coin and you are working for it (like mine ROSCOIN), it doesn't mean that it all work out, as i have to move mountains to keep ROS active etc.



only a few Dev are working on their coin to deliver their promises, but 99% are just shitcoin,
easy way to get money with ico and run with that money.
Yeap.

In my eyes there are always only a few winners:

1. Coin owner (because of premine, ICO, etc)
2. Exchanges (because of fee, listing BTC, etc)
3. Mining pool (because of the fee)
4. Miningrigs (because of the profit they make on the rig)
5. Early ICO investors and dumpers (because EVERY ICO will move higher in the first days)

I join SMAC on Bittrex, not because i like the coin, or believe in DEV. Just because i know that point 5 will happen, they will pump it and i will dump it. That is how i make money. Joining ICO and dump it at the pump. And making money with running some escrow services + promotion on the coins.

But you are 100% right. 99% of the coins are coins that stay alive only a few days till dev is away (check Bitbean,...) but there is always some money to make somewhere.




This is true.
Nthused
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February 28, 2015, 02:12:38 PM
 #17

There will be no premine as we don't like dumping coins on our believers. We will launch a ICO (escrow services - still need to find a valid escrow person) to cover our costs (not to make profit out of ICO investors) and to startup the coin.

So how are you going to do an ICO if you aren't premining any coins to offer for the ICO coins ?

ICO stands for Initial Coin Offering....

good question!
it could change escrow rules

Guys:

Block 1 : ICO block - 50,000 PLANET COINS

The first block is the ICO block. Cheesy



So you do have a Premine lol, the Dev hasn't even talked about the burning of unsold coins either.

I think the Captain needs to intervene here !

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February 28, 2015, 03:09:42 PM
 #18

watching
najzenmajsen
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February 28, 2015, 03:10:27 PM
 #19

Hey , i could escrow for the coin if you'd like. 0.1% fee
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February 28, 2015, 03:13:40 PM
 #20

Hey , i could escrow for the coin if you'd like. 0.1% fee

Escrow is supposed to be some Trusted member , probably one who already provides an Escrow Service
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