Re: [ANN] [TWC] TwilightCoin-X11-Fair Mining-Fast block-ASIC-proof-LAUNCHED!
TWC development plan
Okay, folks, buckle up, we are taking off soon. :-)
First of all we would like to thank TwilightCoin community for being a part of our project! During next few months we'll need your support and cooperation. And in result we'll build something really amazing and important for TwilightCoin and other crypto currencies. Our first project consists of three phases.
First phase's main goal is to introduce TWC to the crypto coin society and give other people a chance to join us before the project hits its next phase. Beginning of each of three phases will attract more miners, therefore the difficulty is expected to increase too.
During phase 1 we'll do some promotion via articles and giveaways, we are also planning to release a paper wallet for our customers' convenience. TwilightCoin will be added to one or two popular markets (it may be CoinedUp, Cryptsy, Poloniex or similar). Why only one or two? Because later TWC will have its own exchange!
Phase 2 will give a green light for Twirex development. Twirex is a market exchange designed for speculative trading of crypto currencies. Its specifications and features will be disclosed later, but one thing we would like to assure you - TwilightCoin will be one of the base currencies. This is one of the reasons why it can be released only after a few months since the coin was launched - the market will need at least 1.5-2 millions of TWC to be issued to have enough volume for trading.
Twirex development will be financed partially from our own funds and partially from the premine we hold. That is why we need TWC to be listed on one or two popular markets so our development team can have an estimation of the earnings.
We still haven't decided whether we want to attract investors or we can finance it ourselves. Answer to this question will be released later.
Phase 3 will include Twirex testing, registering a business entity in a country which is loyal to businesses operating with crypto currencies and, finally, beta-launch.
The timelines are still discussed, we estimate Phase 1 to take approximately a month, Phase 2 will take 6-8 weeks and Phase 3 may take another month.
As you can see, TwilightCoin was designed for a long run and after Twirex is released there will be other projects to work on.
We'll keep you informed in this thread, via our twitter and reddit
Finally!! Thank you for an answer. . . all seems good but you need to be more active in this thread aswell, even if you dont have any big updates or new hipp info to give, just to be here so community can see you is active is worth a whole lot, and inform about the progress or the downsides but communicate and this will be big!
