Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] ★ Lamacoin ★ X11 ★ No Premine/IPO ★ Fair launch: 05/25/2014
by
b1nary
on 12/05/2014, 07:25:49 UTC



Lamacoin evolving step Nr. 1

We are happy to introduce our new Lamacoin with even more Llamaness.

We figured out that there are llamas in need and nice people all around the world spend their time to help llamas!

Our hearts started bleeding and we want to help.

Let us introduce our brand new plan: We keep it X11, no premine, no IPO, we keep the specs but we will implement a automated mechanism which takes approx. 10% of each mined block. The process will be transparent. The wallet is public and when we take action we will update some sort of information page for this purpose. We found a few organizations which do exist to help Llamas and plan to contact them asap it makes sense.

Lets do this. We know this is not the first charity coin there but this is the first only for llamas!

But there is one downside too. The dev is currently busy with a work related project which takes most of his time until 22. Mai. We will schedule the start for 3 more weeks to implement and test the changes properly.


This means the new launch date is 15. Jun 2014

To the pool owners: thanks for being part of the lama movement. If you don't like our step to even more llamaness we understand if you don't want to be part of it anymore. Feel free to remove your post and probably give a call why. If you are ok about our decision we are very happy to have you here.



FAQ


Who will get the coins?
We found the Southwest Llama Rescue, Inc. who rescues abused and neglected llamas, we found StillPointe which is a expanding llama farm which could need all help it gets, the Indian Creek Sanctuary and many more. And we are open for your suggestions. We are not affiliated to any of them, nether do we contacted them yet.

How will you split the funds?
We are not yet sure how we would split the coins, but for sure we will split it over them all if there is enough for all of them! We are open for recommendations who needs it the most.

How do you plan to pay the llama donations?
We wont use PayPal, since they are pretty shitty and we don’t like them. We hope some of them are able to accept Bitcoin, if not we probably just buy the goods they need (with BTC (gift cards Smiley) and send those to them. If nothing is an option we will figure a way to send them some fiat.

How/when are you going to sell?
We didn't do the real math yet. Sure is we cant sell the whole stack all at once. We also don't can just wait for peaks to sell then. Also if we announce it public there most likely will be some market manipulation in before. Most likely it will be a semi random system which sells low percentages of the stack.

Exchanges?
It now is kind of essential to have a exchange accepting lamacoin early, we hope to find one who likes our idea and is willing to help llamas!

You guys will get filthy rich from llamas, don't you?
No, sorrily, we wont. There is no way to launch a coin like ours if it has a premine, IPO or other stupid things. We wont own any lamas before we mine some. Same as any other miner. We will provide some mining power but it wont be enough to get rich, we don't even can say if this coin will be really profitable next to some others. BUT we all help llamas!



We could do an premine to finance an IPO to have some funds we directly could donate to probably have some "free" marketing going on, but i am not sure if the crypto community would accept that idea that well. I, for myself, would be skeptical.