Post
Topic
Board Altcoin Discussion
Re: [ANN] RealCoin [A new e-commerce business platform][Release Date: Feb 10]
by
1QaZxSw2
on 11/02/2012, 00:57:21 UTC
UPDATE:

Change #1: We will be changing the name to resemble a financial service rather than a cryptocoin. The new name is "RealPay" and the use of the symbol "R" will be kept at least for the beginning.

Change #2: We are keeping the number of 10 billion units but dropping the price to $1. The number has to be high because of our plans to expand in markets where PayPal is either not offered or has certain limitations like India, China, Japan and others.

Change #3: Profit from investments will be returned back to RP users in the form of dividends thus keeping the price at $1 at all times which will make things easier for users as well as merchants since you will not need to do any conversions much like with PP.




Great to hear. Since you are not a cryptocoin anymore, you dont need an upper limit on the number of coins. Advise users that you currently plan to issue 10 billion for sale and more may be offered if market conditions warrant it (so that they dont get upset)

But your business plan is a lot more clearer and simpler now. Wish you the best.