Official [ANN]Thread[ANN]Indonesian VersionABOUT
Bollywoodcoin, (BDC) is a 21st century crypto currency that allows anyone and everyone to send transactions anywhere in the world without the need for a bank account. Created by crypto entrepreneur Shahid Anwar and developed by Peter Bushnell founder of Feathercoin.
BDC will enable people to purchase online media and retail without the need for a bank account. Bollywoodcoin is an open-source technology designed to be used anywhere in and around the Bollywood ecosystem.
Why chose to restrict your business by only accepting credit/debit cards in a country where only one in seven people have access to such banking methods. With BDC, businesses now have a cheaper payment solution for suppliers and customers with no restrictive fees or banking policies to slow them down.
India has more people with internet enabled smart phones than it does with bank accounts and has the second largest mobile phone user base in the world with almost one billion connected devices.
To store and trade your Bollywoodcoin an internet enabled device like a laptop, pc, mac, tablet or smart phone is all you need.http://www.siliconindia.com/finance/news/50-Percent-of-Indians-Dont-Have-a-Simple-Savings-Bank-Account--nid-149759.htmlhttp://en.wikipedia.org/wiki/List_of_countries_by_number_of_mobile_phones_in_useOur aim is to create an alternative currency that benefits everyone. We want to bring worldwide Bollywood fans that are restricted due to the banking infrastructure in India closer to Bollywood, we aim to give direct access to quality classic Bollywood content including videos, music and games all with BDC, while at the same time we will be paying directors/producers royalties for the classic content that we all enjoy watching. We want to educate and make things easier for people in India and around the world that would like to use crypto as a payment option.
The currency is designed to be a way of making faster transactions around the world from online media to retail and will be integral to the upcoming online movie network coinvidz.comTECHNICAL DETAIL
200 MILLION COINS
5% Crowd Fund campaign
X11+ Algorithm
Dark gravity wave 3 (dgw3)
25 coins per block
Block every 2.5mins
No difficulty halving ever
Only cpu/gpu mining
Gethash fixed allows third party software such as online wallets to be easily implemented into x11.
COINVIDZ
We have created a new fairer system designed to allow the creators of classic Bollywood content to receive payments for their work. We call these movie banks.
The movie bank system creates a unique BDC crypto bank account that will hold the funds for each movie. This allows coinvidz to easily manage distribution of profits back to each copyright provider (director/actor/publisher) which will also allow the provider to view funds that have been credited to their online wallet. We will work closely with providers on pricing structures; some movies may be very old and have low demand so prices will be set lower than a more popular higher demanding movie.
• The crowdfund will run for approximately 7 days beginning Nov 17, 2014 at 00:00:00 PST and ending on Nov 23, 2014 at 23:59:59 PST.
• The crowdfund must raise a minimum of 100 BTC to be considered a success.
• If success conditions are NOT met all BTC will be refunded through a buy wall.
• Trading fees are not refunded under any circumstance.
• Once the crowdfunding is over Bittrex will verify there is a working wallet, blockchain and block explorer.
• Within 4 days of the crowdfund ending Bittrex will release the funds raised to the Bollywoodcoin development team and open the market for trading.
• No trading of the coin will be allowed until the crowdfund ends and escrow is released.
• ALL SALES ARE FINAL AND THERE WILL BE NO REFUNDS - by participating in this crowdfund you are agreeing to the above terms.https://bittrex.zendesk.com/hc/en-us/articles/203397664Future plans
We aim to have the best classic Bollywood movies and will be purchasing new content on a regular basis.
Coinvidz.com will bring on-demand, profiles of the biggest stars, the newest stars, classic songs from Bollywood, behind the scenes action, unseen movie footage, the latest gossip, interviews and dance routines, even video auditions for Bollywood roles.
We hope to open up Bollywoodcoin bounties for various projects that will bring talented people into our development team.
Community driven, we will regularly reach out to our community for feedback on any extra features we could add.
BDC transactions via text SMS service
Bollywoodcoin faucet will help the distribution of BDC to anyone who has internet access.
We hope to create something bigger than a media network.www.bollywoodcoin.org
www.coinvidz.comBuy Bollywoodcoin
Proof of dev
Bounties
≡ Bounty 1 » we require translation of this op into hindi »» 0.05btc √ completed
≡ Bounty 2 » Translation of this post into urdu »» 0.05btc
≡ Bounty 3 » After 25/11/2014 we will require a hindi or urdu BDC mining tutorial video »» 0.2btc
Total Members: 14197
Topic: [ANN] New X11 coin Bollywoodcoin & Coinvidz. (Read 2663 times)
