List of Alt Coins Backed By A Business

[Wheelys]

As the title implies, I'm looking to compile a list of alt coins that are backed by an actual business and are used for payment at said business.  I am aware of a few, but seems like a limited number that can be used for actual payment.

Example: If Starbucks rolled out a Starbucks coin they would accept in their brick and mortar stores and online purchases.

[AltcoinInvestor]

There's none.

If they say so then it's 99.99% is scam.

[cosmoo]

digitalcoin is backed by a user-run marketplace noobie.io

[shanem]

I know of a few like ambercoin and inkwaycoin but they are dead.
For example, you can look at inkwaycoin where the company claims to back the coin to ink but the company scammed from the ICO and the coin is delisted from bittrex. I have posted some information for everyone's reference.

http://inkwayusa.com/LKNX.pdf
https://bitcointalk.org/index.php?topic=797398.0

[sofu]

As the title implies, I'm looking to compile a list of alt coins that are backed by an actual business and are used for payment at said business.  I am aware of a few, but seems like a limited number that can be used for actual payment.

Example: If Starbucks rolled out a Starbucks coin they would accept in their brick and mortar stores and online purchases.

You mean coins like URO, Sync, Arch...? These coins are doing very well as long there are enough people out there who believe the "business" is real. 

Better tell it story coins 

[Wheelys]

Thanks for the responses.  Seems like there aren't really any "company" coins, or at least not any successful, legitimate coins.

[menlatin]

Soon.

[aurtur215]

You can buy things in a subway in Holland using guldencoin.

[nextgencoin]

Define company? If you think Snapchat or FB is a company then...

Some new coins are actually better described as tokens in a product that IF successful produce wealth two major examples I like are GetGems which is a messenger app that if they grow their user base then you basically own a percentage of its 'profit'. Closely linked with this company is Synero which hopes to do the same for a FB type platform.

[Wheelys]

Define company? If you think Snapchat or FB is a company then...

Some new coins are actually better described as tokens in a product that IF successful produce wealth two major examples I like are GetGems which is a messenger app that if they grow their user base then you basically own a percentage of its 'profit'. Closely linked with this company is Synero which hopes to do the same for a FB type platform.

You are 100% correct.  That term is very subjective, and so keeping it broad is probably better to get as many coins in that category as possible.  

I checked out the "tokens" you mentioned and they look very unique and promising.

[bitwho]

Microcoin backed by the rising exchange Alcurex @ https://alcurex.org/

%50 of the daily exchange profit shares are payed to share holders in BTC LTC and Microcoins dividends
Everything that trades in that exchange is shared with Alcurex Share holder. Even the fees of gold coins traded. Who eventually get microcoins exch pay out.

You can buy Silver coins with Microcoin @ https://alcurex.org/index.php/crypto/market?pair=genius_mrc2

There are market trades paired with microcoin as well


Registered Exchange in Finland.

Its the same dev that took over to help Microcoin. So public dev and promising exchange!

[TheMage]

Here you go!

https://litecoin.com/

[doremi]

here is an actual coin that you can use for spending :

www.gcoin.us

https://bitcointalk.org/index.php?topic=665858.0

https://bitcointalk.org/index.php?topic=966919.0

[macsga]

here is an actual coin that you can use for spending :

www.gcoin.us

https://bitcointalk.org/index.php?topic=665858.0

https://bitcointalk.org/index.php?topic=966919.0

I concur and confirm the legitimacy of the coin. Greg's a nice and helpful guy and I've recently purchased from their affiliate shop: www.worldofelectronics.ie a 3TB Seagate hard drive for 125M GCN. It's easy to get some via their android games or web app on the links provided on their site. Give it a try. It's the best there is for crypto->outside world.

[Ducky1]

Startcoin - www.startjoin.com - will also be integrated into https://bnktothefuture.com (http://www.telegraph.co.uk/finance/businessclub/9474501/Richard-Branson-backs-Bank-to-the-Future.html)

[dhimasnk]

whether any altcoin supported by a business coin prices will go up? How do I know what a coin price will go up?

[macsga]

whether any altcoin supported by a business coin prices will go up? How do I know what a coin price will go up?

It depends on a lot of aspects. In no particular order:

1. The coin dev(s) are not in for the short profit
2. The company/ies that back up the altcoin is/are legitimate
3. There's enough circulation (ie: how many people hold it & use it)
4. There are no parallel forks
5. The pre-mining factor (the less, the better)
6. The coin's scarcity
7. The BTC/coin equity
8. The coin's popularity within the mass media.

Not many altcoins have them all. If you find one that does though, please let me know. I want in!

[Ducky1]

whether any altcoin supported by a business coin prices will go up? How do I know what a coin price will go up?

It depends on a lot of aspects. In no particular order:

1. The coin dev(s) are not in for the short profit
2. The company/ies that back up the altcoin is/are legitimate
3. There's enough circulation (ie: how many people hold it & use it)
4. There are no parallel forks
5. The pre-mining factor (the less, the better)
6. The coin's scarcity
7. The BTC/coin equity
8. The coin's popularity within the mass media.

Not many altcoins have them all. If you find one that does though, please let me know. I want in!

Startcoin point by point:

1. Startcoin was developed as a part of the startjoin ecosystem, and thus is not made for short term profit, but rather as a tool for a purpose. Who the developer is/was is not even important.

2. Startjoin is certainly a legit company that you can buy stock in.

3. StartCoin is circulated and used more than most coins, and not hoarded to the same degree since its used to fund projects on startjoin. One example, https://www.startjoin.com/ggbradford2015 - a British politician was founded close to 20K$ mostly with startcoin.

4. There are no forks to my knowledge.

5. This may be the only point where you might think its not ideal. I think its better than ideal. Startcoin is 50% premined. The premine is used to pay interest on coins deposited at startjoin, and also to award pledges you do on startjoin. The karma score decides how many coins you get each week.

6. Startcoin is not very scarce, so it can still be had for a good price. Recirculating of coins through the pledge system means that there will always be coins to buy, and no artificially high price to pay.

7. Im not sure what you mean here, but the current market cap of about 500K $ can not be considered high given that close to 1/20 of the market cap can be involved in one single project.

8. Startcoin certainly has the best publicity potential of any coin besides bitcoin. It's used to fund politicians, it has two well known TV stars from RT leading the publicity campaign (you know who), it even has its own TV-shows https://www.youtube.com/watch?v=cANXmKwMWMc + https://www.youtube.com/watch?v=yczG8ksP0GQ

[Este Nuno]

People should be using digital tokens for businesses. Not creating fresh cryptocurrencies from nothing. It's quite silly for them to do so when there are already platforms like NXT and Counterparty which can be used for this exact purpose.

[Wheelys]

Some great responses.  The true value of any of these coins long term is in the ability to use them to purchase good and services.  

There are a few good suggestion.  Seems the number of coins used for this is pretty limited though.