Post
Topic
Board Announcements (Altcoins)
Re: [ANN][10-5] TenfiveCoin - Designed for Mobile - MANDATORY UPDATE 0.9.0.0
by
tenfivecoin
on 18/03/2014, 04:58:53 UTC
First of all, I have already provided who I am to establish a level of credibility and trust on my behalf.  I am not denying that I have made bad choices or mistakes in the decisions leading up until now.  I think it would be unfair at this point to cut anyone of after the work and efforts that they've put into getting this coin to where it is now.  It's not a small task/easy undertaking developing and rolling out a coin.  I chose to develop this coin with an IPO for the reasons that I would like to be able to pay some external development resources for their time and efforts in helping me get some of my products and services out the door.

Since I have launched this coin and collected our first BTC.  It has sat in an account:

# bitcoind getaddressesbyaccount ""
[
    "13RcFojHa5v9nkZu1j71Apusa1PNdnvg6U",
    "1DNnMfk4nXHEHgo7Tb8UKquSZTcJkgc3Un",
    "16wcDyrFRDB8Ld8EHFxX7RmcZw83nWpXFz",
    "17jY4VcJLb1uUqLs6Cn92vu3JnZdXym9Aq"
]

Completely untouched because this is not my money.  It is money people invested into my idea.  It will be used once the community and IPO owners vote it is time to be used.  Until then, the balance will remain 6.41463457 BTC (as of 2014/03/17 at 10:50pm MT).

Secondly, the funds associated with the 10-5 coin are all within my control and I will not be giving withdrawal access to anyone until the grace period of 30 days has expired.  These shares will not be paid out in a single lump sum to prevent anything catastrophic against the market.  I am in complete control right now.

$ ./tenfivecoind getbalance ""
103364.97800000

$ ./tenfivecoind getaccountaddress ""
TowyyYiPiAjkJeYeLmWiDWeWym6F4Setk8

Feel free to monitor that account, as the funds will never decrease rapidly.  If they do, I will be held fully accountable.

Thirdly,  I have already begun receiving threats from people, a couple have actually found my real telephone numbers.  I would prefer that they stopped as this is business venture I am undertaking.  I have already given each and every person that has come to me affected by the Pandacoin IPO, reassurance that I will do my best to recoup their loses and get them involved in 10-5 so they can see what it is destined to become.

Thanks