Post
Topic
Board Announcements (Altcoins)
Re: [FIBRE] | 650k | FibreConnect | FibreDark | FibreLock | Cryptsy,Bittrex,Poloniex
by
loges
on 06/10/2014, 14:03:57 UTC
We need block Cypher for us to move the Fibre blockchain into the cloud.
We will then be able to roll out HTML5 wallets, Facebook wallet, Facebook game with Fibre incentive, Android wallet, IOS Wallet, Fiat to Fibre, merchant portal etc etc. Moving the Fibre Blockchain into the cloud will allow us to create innovations never seen before and make Fibre accesable to anyone anhywhere.
Block cypher is going to cost $10k Upfront and then $200 a month. Please see the donation addresses below.

Ahh ..The ongoing funding requirements conundrum  ..
Every successful coin eventually runs into this issue ..
From my experience the 'donation/begging'  route is NOT the way to do this ..

This coin has a tiny issuance and the devs have more than proven themselves
with the incredible amount of work done to date ..

Why not have a small ( say 10% or 65000 coins ) secondary offering to fund development  ??
The easiest and fairest way to do this would be thru an exchange run offering ( SCO ) ..
Use Bittrex for the SCO ( secondary coin offering ) offering the coins at a 5-10% discount to
the price just prior to making the offering ..

This would allow current FIBRE holders ( presumable those interested in the long term
viability of the project ) to maintain their ownership position in the coin and also allow new
investors a chance to buy in at a small discount to market price ..

Wall St does this all the time ..
Clearly it takes people, time, and money to accomplish the stated goals of this project ..
I'm sure the community would support this fund raiser approach ..

Triff ..
It sounds good, but this is not wall street. You know 10% would be enough dilution in these small markets to cause an uproar. Donations will come or they wont. The Fibre team has been moving full throttle since day one and I see no chance of them slowing down. With a market cap fitting of this coin there will be no problem gaining the funds for further development.  A little patience is key now.