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MemberActivity: 116Merit: 10 Re: [PRE-ANN] Nyquist [NYQ] [PoW/PoA][Embedded CPU][Mobile][JS/Web] [ICF] January 04, 2018, 08:10:14 AM #6 Quote from: bitcubate on January 03, 2018, 05:05:19 AM [PRE-ANN] Nyquist [NYQ] [PoW/PoA][Embedded CPU][Mobile][JS/Web] [ICF] Initial Coin Funding (Seed)



Dear Fellow Crypto Enthusiasts



We are a team of anonymous blockchain consultants, software and marketing professionals. We are building a Embedded Systems / Mobile and Browser Minable Decentralized Crypto Currency targeting the 680b$+ ISP and Telecom Industry and the multi billion number of IoT devices segment. Our goal is to make internet and voice calls free, offset electricity bills, make the internet as well as software ad-free and be a universal utility and general payment method. In the near future, your router or your smart phone, 4g dongles would be mining NYQ to pay or offset your internet and voice bills. Your smart TV would pay its cable or Netflix subscription. They all have embedded systems in them that are most of the time under utilized, and our mining software would utilize the excess computing capacity transparently. Moreover the excess mined NYQ would give you interest, your smart devices and IoT enabled appliances would offset their own cost over months or years this way making them essentially free and assets. You could also use NYQ to pay for goods and services through a mobile wallet that makes payments easy and smart. Imagine a world where your TV, toaster, router and smart phone make money for you when they are not in use. We also plan to build ~5$ IoT mining boards that USB charger and other device manufacturers can integrate so that their devices can mine NYQ and pay for the carbon offset costs and electricity that they and connected devices use.



To set up the whole initial IT and Company infra we need about 200k$. We had real investors for the same but we declined each as they try to buy us, our ideas,our ideals and control us to make a quick buck.



We hope to raise 200k$ in this ICF from a limited number of anonymous crypto investors (10-40). We would be able to give a 10x ROI via the ICF premined 20M NYQ pool holdings distributed proportionally before ICO. ICF investors can choose to hold their NYQ or offer them for sale during ICO giving a min 10x ROI. We accept only BTC at this address:



BTC 13RfZHsSyQ9RbiBi7shUL1BDPUt2RuoS8P BTC



We want a open decentralized economy for NYQ for industry adoption. We hope to make money with consulting, building applications and interfaces that leverage NYQ such as on Embedded Devices / IoT / Smart phones / Web and Smart Devices.



Proposed Basic Specs



Total Supply (Potential Difference V): 1B NYQ

Block Interval (Current I): 120s

Half Life: 10 years

Difficulty (Resistance Ω): Self Adjusting

Name and Symbol: Nyquist (NYQ)

Smallest Unit: Hertz (Hz)

Other units: kHz, MHz, GHz, THz

Low fee, fast transaction

Anonymous (One Time Ring Signatures)

Interest bearing

Minable on Embedded System Targets (Routers, Smartphones, IoT, Smart Home Devices, ARM, MIPS, x86 32/64 bit CPU variants)

Browser / JS minable

Address Aliases: +johndoe@example.org

Android App and Wallet

Web Wallet

Hardware wallet support

Algorithm: CryptoNight PoW/PoA variants

Premine (pV): 210M NYQ

Premine (pV public ICO) distribution: 100M NYQ

Premine (pV ICF) distribution: 20M NYQ

Premine (pV Founders) distribution: 80M NYQ

Premine (pV Community) word of mouth marketing distribution: 10M NYQ

Founders and ICF Investors can choose to sell their premine NYQ hoding during ICO bringing the cap to 200M NYQ

Minable from day 1 after ICO on browsers and smart phones.

Bootstrap price per NYQ at start: 10c (USD)

Global Hexa Mining Pool with Gamification where winner takes 10% of the total of the other teams every 60mins. (Red Orange Blue Purple Green Cyan Teams) Goal is for users to buy more NYQ enabled devices to increase winning odds and strengthen the network and ecosystem.

Whitepaper coming soon

Proposed ICF date: Today till Jan 10

Proposed ICO date: March 1

Proposed ICO Duration: 1 Month (30 Days)

Proposed listing on Exchanges and Partnerships: After ICO



Hope you will join the resistance and be part of the foundation of the future.



posted on behalf of Cryptoexile







Founders get 40%? And you're planning to ICO. Not like.. hey, 40% of this goes into a DAO foundation to fund the coin but.. We're taking 40% of the coin AFTER you all pay us for 50% and we dilute the market by air-dropping the remaining 10%. No thanks. Founders get 40%? And you're planning to ICO. Not like.. hey, 40% of this goes into a DAO foundation to fund the coin but.. We're taking 40% of the coin AFTER you all pay us for 50% and we dilute the market by air-dropping the remaining 10%. No thanks.