My basic work for an IPO analysis has already been done!
CoinsCource rewarded them with a 5 out of 7 trust score. The last two points will be rewarded once they registered Altcoinwarehouse as a real life company.
Skype or IRC Interview 1 Stars
Personal Social Media Profile 1 Stars
Phone Number 1 Stars
State Identification 1 Stars
Home Address 1 Stars
Business Registration 0 Stars
From the
official BCT [ANN]...
News06-09-2014Public beta testing online!
Click here to go to the post01-09-2014Public beta test coming in the next few days!
30-08-2014We are proud to announce that there will be a beta test for our payment gateway soon! The following altcoins have shown interest and will be taking part in the beta test:
BlackCoin
Greenbacks
RawCoin
Halcyon
BitcoinDarkMore coins will be added soon!
Full whitepaper can be found at http://altcoinwarehouse.com/whitepaper.pdfIntroductionOur goal is to set up a webshop where customers can pay with any kind of altcoin.
We will also provide a complete infrastructure, where altcoin developers can offer their altcoin as a payment option, in exchange for a small fee.
All products will be supplied by the company ‘Coolblue’. Coolblue currently has 161 webshops and 5 physical shops.
Coolblue offers an extremely large range of products, for example electronics, household items, outdoor items, sports supplies etc.
For more information about Coolblue you can visit their website: http://www.coolblue.nl/.
To see an overview of their 161 webshops visit http://www.coolblue.be/ons-assortiment.
The website only supports Dutch language so you will have to use a translation extension. ‘Altcoin Warehouse’ will feature multi-language support.
‘Altcoin Warehouse’ will be registered as an official Ltd. We will offer all products that Coolblue offers on our website.
The customer can buy these products using altcoins of their choice, We will convert the altcoins into euros.
To ensure the fast process of all payments we will offer our own payment gateway. The payment gateway is being developed, is currently in its beta phase and supports any standard QT wallet.
As a business customer of Coolblue we have access to bulk orders, as well as payment on invoice. This means that the customers do not have to wait for their altcoins to be converted into euros and their order will be processed immediately.Our Strenghts- A great variety of products (electronics, household items etc.)
- Rapid delivery (Within EU: 24 hours, outside EU: 72 hours).
- An officially registered Ltd.
Funding To fund this formula we are concidering to offer an IPO. The IPO will not exceed the actual costs of our formula. The costs are as followed:
Founding the Ltd.:
€ 18,850 (of which €9,000 will be inserted from our own capital).
See http://business.belgium.be/en/managing_your_business/setting_up_your_business/company_types/private_limited_liability_company/
Logistic contracts & optional buffer:
€ 7,500 (coverage, insurance and a buffer for courier services).
Financial buffer:
€ 10,000 (a buffer to ensure that all orders can be processed in case of problems that may occur with an altcoin when it loses its value due to a scam.
Promotion, developement and bounties:
€ 2,500
Total IPO value : 90 ~ 100 BTC.
What do investors get in return for their support?
Coin Developers:
2 months free listing (if IPO investment > 2 BTC)
The first 10 coin developers to invest will receive the same rewards as the regular investors (see below). 1 randomly chosen coin developer with get 6 months free listing!
Regular investors:
A share in the Ltd.’s profits. We will give 40% of our annual profits to our investors. We will calculate that share with the following formula:
Share value = 40% of the annual profit x total IPO investment %.
They will also receive an additional coupon, which they can spend in our webshop:
When investment > 1btc: Coupon worth 100% of the initial investment.
When investment < 1btc: Coupon worth 75% of the initial investment
This means you actually lend us your [btc], instead of giving it to us.
Your investement will always be worth the same, available to buy items from the 161 webshops Coolblue offers.
The coupons will be paid from our own inserted capital. This is a calculated loss which we will earn back with our business model.
We’ve accepted the fact that promotion will cost us money.
IPO instructions: Send your [btc] amount to 1JWrnUJTmCkT5FFv96aQSFK3GWwRhRFPCr
Give us a PM with your TXID.
We will automate this process soon!
Status: 3.88[btc] raised
https://blockchain.info/nl/address/1JWrnUJTmCkT5FFv96aQSFK3GWwRhRFPCr
IPO Overview: https://docs.google.com/spreadsheets/d/1pgcBj43yZNYkRLsY1jMEvrXYgBNiWH4oXUdD8rpVeXk/edit?usp=sharing
RoadmapThe webshop is in its alpha phase. The payment gateway is nearly finished and is being thoroughly tested.
As soon as we are officially registered as an Ltd. we can start offering products.
We are striving for a launchdate halfway through September.Bounties0.25 [btc]: Nice logo for the website, twitter and banners. tx id
0.50 [btc]: Custom theme for the website. The webshop is build on Bootstrap 3.
0.75 [btc]: Integrating our Payment Gateway in eCommerce plugin (Presta, OpenCart, Woo, ...) for public acceptance purposes later.SocialTwitter: https://twitter.com/AltWarehouse
Reddit: http://www.reddit.com/r/CryptoCurrency/comments/2esyht/wwwaltcoinwarehousecom_is_looking_for_investors/
IRC: https://webchat.freenode.net/?channels=#altcoinwarehouse
ContactClick here to PM
info@altcoinwarehouse.com [General contact]
Steve@altcoinwarehouse.com [Founder/CEO of the Ltd.]
Mike@altcoinwarehouse.com [Promotion Manager]As far as I understood (yet to be confirmed),
https://twitter.com/Skippy_Brussels is one of the people behind this coin. So keep an eye out on this account too: it has more information about AltcoinWarehouse (
http://twitter.com/AltWarehouse).
