Quote from: pa on April 27, 2015, 07:15:57 PM

Quote from: SlipperySlope on April 20, 2015, 02:51:50 AM

AI Coin cannot sell the coins created without requiring a MSB license. We were in the process of obtaining a FinCEN license, which is a US Federal License that specifies what sort of reporting is required to FinCEN. That agency routine accepts registrations. Our would-have-been partner exchange Bittrex is already registered with FinCEN, but not licensed in the 48 US States as an MSB.

Our attorneys said that all US cryptocurrency exchanges are categorized as MSBs as they interpret the FinCEN guidance issued last year. Although that requirement is not being enforced currently, AI Coin would have no available means of exchange in the USA should it have launched without the licenses, and a crackdown by the States shut down all the altcoin exchanges in the USA.

I'm sorry if this has already been asked and answered. I haven't been following your project closely. Why not distribute AI Coin as a "spin off" of Bitcoin's blockchain, so that everyone who owns btc can claim a corresponding amount of AI Coin?

So how do aicoin make any money.
there not going to do all that work for nothing come on would you they need to make a living..

Plus there trying to get a patent it will never happen NO CHANCE ..
J.P MORGAN could not get 1 and they tried over 100 times always rejected ..