Re: [ANN][SEED] SeedCoin

Quote from: barabbas on October 24, 2014, 06:57:46 AM

Quote from: fayoling on October 22, 2014, 06:44:20 PM

Seed is all about staking and growing.

Right now I see the #1 wallet as a large lonely tree out in the middle of a field. There are some medium trees around it, and a field of small tree surrounding that.

So the large tree in the middle, is at max capacity, and every stake it receives is a new seed that falls off of it. These seeds will land randomly throughout the field and medium trees.

All the seeds that the #1 wallet creates will from now on, land within other staking wallets. Right now there are approx 80 staking wallets. And the #1 stakes around 300 coins in 24 hours. We will send out transactions once a week for now, but if Cryptzo could incorporate something into the wallet, to make this a part of how Seedcoin works, I think it'd be great.

Right now,
(we have transaction history for about 48 hours)
We have given 759.31020000 SEED away.

The top #5 wallets that the seeds have fallen into and the amount of seeds they will be getting.
#1   sU82EE5JeS1wHL4WZimk2V58WTKEG3peGU   17.67000000
#2   sK6kP8HUPrvRYQQ2sdHNzmqpW1tQTy34Zj   17.67000000
#3   sckWwFNQ74BYWitBvVvnCk4aYnDc3q6KPh   16.95000000
#4   sXktftnjns5yt4qQAYsS2uMEQ53Vpobovw    15.02000000 <- This wallet has 50 coins. is getting 15+ more
#5   sWATgKLBVexD3zizvdV8BTQUHmHHTdY8Fh   14.99001000
* You can view the whole list and totals here. http://seed-coin.com/forest/

The full idea, would be to have each large wallet that drops seeds, to drop at something like a 75/25, or 50/50 chance they sprout a branch (keep the stake) or drop a seed (lose the stake). With less than 200 wallets staking, only the #1 drops seeds at 100%. Once there are 200 wallets, now the top 2 wallets will begin dropping seeds. 500 wallets, top 3 drop. etc...

Would love for Cryptzo to pipe in on this one.

EDIT: I am not going to dev too much. This is a pretty simple script, that requires me to manually send transactions at the end of the week. I said my wallet was off the market, and that I'd fund bounties etc.. But nothing has come up about bounties, giveaways, so I thought this idea would be better.

For a moment I thought the idea of giving away 90% was about to take shape... you know, to be able to create a (small) community out of nothing; some value, real value, out of nothing.

But, of course, I was wrong. Another idiotic scheme to try and keep engaged a few losers still believing in this piece of shit... while inflicting the ultimate strokes into Pink coin at the same time.

Masterful, Fayoling, you are a genius indeed.

Such a genius that you are going to have the dubious honor of driving to the ground two coins at the same time.

Congrats in advance.

Weren't you saying that they needed to be destroyed? Personally this reads like you want to buy cheap and then have the top holders destroy all their coins and give way the rest so that you would control the majority.

Why should he give away all the coins to people who will most likely just dump them when he can use them to reward anybody who stakes. More incentive for people to get into Seed and start staking supporting the coin to get a bonus then to just give them away to dumpers.

As has been stated many times if you have no interest in Seed why continue to strategize and post? (Yes you supposedly have a large stake of Pink but judging by you dissatisfaction of the Devs in the Pink thread why don't you just stop the FUD storm and do something that makes you happy in life)

Quote from: barabbas on October 22, 2014, 05:12:32 AM

Just to clarify a point I made days ago regarding that I saw "a slight opportunity when (not if) markrt cap goes under $10k..." That statement was made under the assumption that, long before now, fayoling and his four co-holdrrs of 60% of thevtotal coins would have already donated and burned 90% of their coins...WHICH IS THE ONLY POSSIBLE WAY FOR SEED TO SURVIVE. If 10% of those 1.7+ million coins are donated for future projects and ghe other 1.5 + million are destroyed, then there' a small, remote chance of survival for SEED. Otherwise nine whatsoever at all.
Reason being, obviously, a supportive community and a distribution that makes fair and logical sense.

Any chances of that happening? I'd say slim to none... but i have been wrong before...

One thing's for sure though: the parties have nothing to lose if they do it and potentially quite a bit to gain; not diing it is losing it all for sure.