Quote from: kampretkabur on April 01, 2015, 05:43:52 AM

what is ascendclub?

Quote from: user8x8 on March 31, 2015, 10:48:31 PM

"AscendClub"

Dear AscendCoin community,

I am not affilated with Ascension Coin developer, but I am an investor. Currently ASN is my only investment besides BTC.
I used to be a coin dev, but got bored and left [the coin is still alive, but I will not tell you it's name]
I don't have much experience in trading and sometimes I get a bit passionate. :-) (Just see about 10 pages back)

But anyways... I "smell" that ASN may become great and want to help (I already did, sort of).
How I can help: beta testing, overall comments and recommendations / ideas, donations and... buy walls.

So, without further ado, I'd like to run a "AscendClub" proposal past you...

You know that DASH/Darkcoin has an incentive for long term investors to set up masternodes and thus keep the funds off the exchanges.

So...

I am proposing to set up a special community for users that have 100,000 ASN or more in their wallet [not on exchange].
They put 100k in their ASN wallet and send the AscendClub chairman (probably me for now) a PM signed with their wallet.
Then they don't remove any coins from their wallet for 30 days [adding is ok, but doesn't make much sense, more on this below].
Once 30 days have passed, they receive 2500-1000 ASN (more on amounts below) from AscendClub fund (that's 30-12% per year on top of 20% POS, so total you can get is 50%-32%).

*April 2015 payouts will be 2500 ASN per month [put 100k and PM before 30 April and receive 2500 ASN in 30 days from your PM].
*May 2015 payouts will be 2000 ASN per month [put 100k and PM before 31 April and receive 2500 ASN in 30 days from your PM].
*June 2015 payouts will be 1500 ASN per month [put 100k and PM before 30 April and receive 2500 ASN in 30 days from your PM].
*July 2015 and later payouts will be 1000 ASN per month.

Currently with 18.5 million ASN in circulation, there can be a maximum 185 AscendClub members.

Are there any risks?
No, we don't own your coins. You can sell them at any time if you so desire, it's just that you will not receive "dividents". It's more convenient to sell them once 30 days pass.
30 days counting starts from the moment you send the PM.

What if I have more than 100k, say 500k?
Then you need to move the money into 5 wallets and send 5 individual PMs with wallet signature.

Are there any additional benefits?
Yes, we are planning to set up a closed forum and/or email distribution list.

Where will the money come from?
500k+ have already been organized [I'll post wallet address once this goes live]. Hopefully club members/investors will contribute some more.

Ascension Coin dev does not know about this, this is entirely my incentive [I'll be blunt, I want to move the price up and stop those shaky hands selling ASN].
I hope he approves it.

And obviously, we can discuss all of it here.

If there are no objections, we can launch shortly [this week].

Hope you like it.

"AscendClub Chairman"
:-)

AKA user8x8