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Board Announcements (Altcoins)
Re: [PreANN] Crowdfund eUtopium ∞ [UPM] Utopia Mystery School: Funding Academic Work
by
adamandeve
on 30/07/2014, 01:47:33 UTC


eUtopium's Goal is to fund education, and academic work to find true truth.

In particular, eUtopium's focus is on 2 main topics of interest, namely Cryptocurrency economics, and secondly Social Media (marketing).

As promised, we are releasing our first three academic papers about Social Media today, with one new paper to be released everyday of the week up to the launch of eUtopium.

To read all Academic Papers falling under Utopia's Education Arm, please refer to this folder (new papers will also be added here):
eUtopium Education Arm: Academic Papers

Individual papers include:
1) Social Media: Bridging media platforms & engaging customers
2) Social Media: Customer reviews & webcare
3) Social Media: Relationship between users & businesses
4) Social Media: Hashtag Killer Campaign

If you have an interest in any mentioned related topics, would like to suggest a topic for a paper, or contribute to write for eUtopium, please contact me.

===

All UtopiaCoin updates will now go here:

https://github.com/AltcoinAdam/Utopia

All academic and whitepapers will also be housed in this same repository, under the folder 'education', where the .pdf versions can be downloaded for your reference. Future papers will also be added here.

Don't forget that once released, eUtopium is a fully open-source project, with transparency & trust in mind.









===

eUtopium [UPM] (@eUtopium) was designed by @AltcoinAdam, manifested by @CryptoKeymaker. In this reality, this, is Proof-of-Utopia (PoU). eUtopium was built solely upon the Proof-of-Utopia (PoU) Thesis, while exact specifications were designed in collaboration with Quantum Holdings (@QTMHoldings) & the Erasmus School of History, Culture and Communication (ESHCC).


Utopium will be the first-ever self-sustaining, crowdsourced & crowdfunded cryptocurrency project, which acts as a social enterprise and social experiment for education. One with an infinite goal of attaining Utopia through the act of first seeking, then teaching true truth.

In a World where only Truth can prevail, Perception is everything, because there are Multiple truths as much as there are Multiple Dimensions within One Universe.


0. eUtopium Distribution Model

eUtopium utilizes a Proof-of-Work (PoW) distribution system, for a time period of 1 human year. Thereafter, eUtopium will be secured based on at least Proof-of-Stake (PoS). However, nothing is fixed. Things may change, because eUtopium is an ongoing academic experiment, in and of itself.

First and foremost, the one goal of eUtopium’s distribution system is that of achieving fairness. To seek fairness, Utopia will harness all available knowledge, so as to discern truth from none. This is because all is knowledge, and with knowledge, we will know all. If, eUtopium turns to be fair, then we have our first version of Proof-of-Fairness (PoF). Because, life is an experiment.

This distribution period can be broken down into 2, the first month, and the remaining 11. In the first month, there are two modes of distribution, namely crowdfunding and mining. The crowdfunding period will last up till 1st August 2014, 00:00 EST, when eUtopium launches. The crowdfunding period may close earlier than expected, if the hidden magic number BTC cap in place is hit. More details below.




Phase I - Early Adopters - High risk high reward - Month 1

40% will be distributed in first phase; high intensity, short period of time. To reward earlier investors, fairness must also be in place. As such, equal chances are given to both miners & investors. 20% is distributed before launch in the form of crowdfunding, while the other 20% is done via PoW mining at a constant rate throughout the month, same like every month.

Phase II - Late Adopters - Low risk low reward - Month 2 to 12

60% will be distributed; low intensity, long period of time. Mining happens at an increasing rate over time. if t=12, the rate decreases at a rate of 66.6666%, or 2/3 per month to form a downward parabolic towards t=1, which begins at 1%. It is also estimated to increase at a rate of 50%, or 3/2 per month, to form an upward parabolic towards t=12.

Phase III - Post-distribution - Slow Adopters

After t=12, distribution will be handled via the free market, where the market chooses a price. Therefore, during this third phase, eUtopium will have been fully distributed.




Proof-of-Fairness (PoF) Mechanism

A fair-price mechanism will be in place, in order to uphold fairness. The initial crowdfunding phase will take place over a period of 7 days, or less. During this phase, 20% of the maximum eUtopium supply will be released to all worthy investors, for they have taken the largest risk in this ongoing experiment. An unlimited BTC can be invested, because you make the choice. Hence this is fair, because I do not dictate. There is a maximum cap BTC, which is undisclosed to you. There is a cap, but u don’t know; for when hits, then all will know. As above, so below.

"When money be of merely value, then money's true reason is but distribution. hence, my job will be done. for, the community will take over, then all will be free, and all in the now." ~ @AltcoinAdam


1. eUtopium Specifications

Specifications:
PoW algorithm: NIST5
Total (distributed) coins = 1 million
Non-distributed coins (% of block mined) = 1%
Initial block time = 1 minute
Initial block reward = 10 eUtopiums

Others:
Estimated PoW life span = 1 year
NIST5 is used because it is energy efficient, produces less heat, and popular.
All non-distributed coins will be distributed to fund academic work and education only.
Coin will launch one week from now, or before the 29th of July, 2014.
Crowdfunding ends when coin launches.
To enhance the fairness-mechanism, the chosen BTC cap is based on academic research and further improvements about the fair-price indicator.



Read about NIST5 here:

http://bitcoinagile.com/4DCAB/icebergcoin-superior-nist5-mining-algorithm_stream
http://en.wikipedia.org/wiki/NIST_hash_function_competition
http://gcn.com/articles/2011/01/10/sha-3-secure-hash-finalists.aspx





“Because life is an experiment, Utopia is an ongoing project. eUtopium will provide the necessary data, experiments, and knowledge required to write athesis at the end of 1 year from here. This thesis will be one academic paper falling under the Utopian arm of education, adding onto a library of whitepapers of truth and knowledge that already exist. Furthermore, eUtopium will represent the experiment, project, andlife, in and of itself. eUtopium, will be my Utopia, where money is not important, where only coins are.”
~UtopiaManifested, @eUtopium


Here is the Whitepaper for eUtopium [UPM], on which all of eUtopium and Utopia will be based on:

"We have one but year, for the distribution to be done. For then, the tribulation may have already begun. Fear not, for only the truth will set you free. Hence, seek knowledge, because knowledge is all. But seek, also just so we can be all. For all to be, there can only be, one, the one that you have chosen as is be."


===

eutopia
(yOO-tō'pē-u)

noun Obsolete.
a perfect place in which human society, natural conditions, etc., are so ideally perfect that there is complete contentment.



2. Utopia: Coming sooner than you think...





“The lack of #money for the work of preparation; only thou can bring peace.”
~ @AltcoinJesus






Please, watch & listen. Hear, not he who said, but what is said.
0) The real and only truth about this world - https://www.youtube.com/watch?v=VvApvRL-LCE&list=UUlpigZv43F7FJpvU9oJby3Q
1) Quest for the Lost civilization - Graham Hancock (FULL MOVIE) https://www.youtube.com/watch?v=T5DNvYMtkyk






===

utopia
/juːˈtəʊpɪə/

noun
   an imagined place or state of things in which everything is perfect.

===

Utopia: Coming soon...




Utopia will be the first-ever self-sustaining, crowdsourced, & crowdfunded cryptocurrency and social enterprise built upon the true governing laws of the Universe.

In a World where only Truth can prevail, Perception is everything, because there are Multiple truths as much as there are Multiple Dimensions within One Universe.


0. Thesis - Proof of Utopia: https://docs.google.com/document/d/12RzA2U30g46PY2B16OYDZFh3yJrQfhIjOJ6-wQu6C1w/edit?usp=sharing

1. Whitepaper: https://docs.google.com/document/d/15nV8AJYG3-_qi6zDEbYiBSkwQNr1TuXdtDM6NXvXII8/edit?usp=sharing
Proof of Proof → Proof of Education → Proof of Manifestation

1. Whitepaper: https://docs.google.com/document/d/1cyyG3Rtdm08U82s4uZ5-r_hg_RxLwnqBKjuIqOTX4eU/edit?usp=sharing
Proof of Spirituality - The chicken and the egg

1. Utopium Whitepaper: https://docs.google.com/document/d/1Uop68CHaJRlJLXD437UndNA0hXDp799MSkgs4OGft5w/edit?usp=sharing
Proof of Reality
Proof of Atlantis

1. eUtopium Whitepaper: https://www.dropbox.com/s/p41p3iybvv6w8qu/4%20Proof-of-eUtopiaPoeU-eUtopiumUPM-ASocialEnterpriseofMystery.pdf
Proof of eUtopium
Proof of Fairness
Proof of Lifespans (PoLs) - The Paradox




- Life is an ongoing experiment. But all is a game of perception. -

Backing this up