Topic: [PRE-ANN] ERMIS (ERM) | The Merchant Coin | Proof of Investment | Pure PoS

[dukektm]

THIS IS ONLY THE PRE-ANN-----INCOMPLETED DETAILS ARE GOING TO BE UPDATED WITHIN THE NEXT DAYS.

we have a team working together, each team member will have a PoD. PoD is currently under processing by CryptoAsian and will be delivered soon

http://www.ermiscoin.com

   
   
IRC: #erm

Downloads

       

ErmisCoin is a digital currency owned by investors through IPO. The primary mission of this coin and its team is to secure our investors funds through our various pathways in investment. We are dedicated to establish a cryptocurrency allowing our initial investors to be well rewarded for trusting us. Ensuring a constant revenue for our shareholders will be our fist and foremost task in this project. Our IPO investors will share the profits from our investment in cloud mining, purchasing mining rigs, merchandise, and business entities.

ERM is a merchant⁺coin

Here is a few of the areas we want to specialise ourselves in; merchant/supplier/manufacturer/manager.  All the digital currencies have the same target - being used in shops, stores etc. ERM will particularly focus on this area starting from the very beginning. We have many outreaches, including resellers, wholesalers, retailers, funding a manufacturing company and managing fields which will help us to establish the ERM business network. Connections and relations with investors, holders, clients and costumers will consolidate the coin value, and protect the profits of ERM IPO investors. In addition, all IPO investors will enjoy 10 - 20% discount on all item sold by ERM physical or online stores/shops.

Multiple functions of ERM

ERM as a Merchant

ERM is targeting the wholesaling industry dealing with countries and supplying merchandise worldwide, which we believe to be one of the foundation for value stabilization. Though many coins declare to "find merchant adoption", IPO or non-IPO alike, they barely target to be merchants themselves. It will be difficult to realize this goal since that requires serious responsibility and dedication to this effort undertaken by both the developers and the community. As a starter, the ERM team has decided to cater commodities (branded/generic), provide mining rigs and unique local goods such as handicraft from countries, for example, Indonesia and Philippines at this moment (more will be available later on). Additionally to this investment, as a  Merchant Ermis will provide many manufactured products which have already proven to provide a high profitable return.

Here are some examples that ERM is aiming to trade at the launch.

ERM as a Supplier

The ERM is targeting to be the source for goods or services. As a manufacturer, ERM will supply goods as needed. The current on-going project that ERM has contacted with local manufacturers includes handicrafts, copras (dried coconut kernels, from which oil is obtained) coffee beans, noodle comb / rollers / mixers service and more.

ERM as a Manufacturer

The ERM team will make supplies available for sale. This will particularly distinguish us from all other cryptocoins, since ERM will acquire real stores. The 1st priority ERM targets at is to nourish and establish the coin value by setting up not only profit generating assets through investment, but also real goods to generate HIGH profits. For this, the team plans to build a low cost industry but yielding high profits (this should differ from gambling or anything similar). Depending on the availability of funds, we will join the lathe industry by funding a noddle comb / roller /mixer manufacturing shop. This will assure us a very high profit (aka, low capital yet high returns; we're excited about this whole project ourselves). We already have skilled and knowledgeable people lined up ready to make this happen. We also contacted a person who can help ERM to establish it's own bag making craft using straws, accessory making using beads and other craft using the same content.

ERMIS is ready to craft this:

ERM as a Manager

ERM will also create another source of revenues by establishing managing agencies, which is a "low cost high profit" industry. With this idea ERM plan to establish an EVENT Managing Agency. One of Ermis team member knows well about  this industry, she has more than 5 years of experience as an event organizer doing all kind of work in relation to the task.  

Sample events:

Proof of Investment

We have a few above mentioned planned goals to increase our revenues. What do IPO buyers benefit from these? All ERM IPO buyers will automatically become share holders as long as they keep their coins. Share holders will receive a percentage of revenue from our investment. We will issue shares from time to time to IPO holders. Shares are calculated according to Proof of Investment (PoI), aka, the percentage of the amount of the coins someone buys during the IPO stage. This distinguishes ERM and makes it standing out from all other coins: IPO holders earns a long-term profits from Ermis.

Benefits of IPO investors

• 30% on the cloudmining payout (lifetime)
• 10% profit sharing from the revenue generated by ERM funded business entity
• the initial chance to sell ERM according to the price they see fits
• the privilege of acquiring ERM coins as coin holder

Benefits of Coin Holders

• 50% on the cloudmining payout will be placed as buy support.
• 10% profit sharing from the revenue generated by ERM funded business entity will be used as buy support.
• Bought coin will then be distributed to the coin holder according to the equivalent % of their holdings to the total coins.

Mission of the ERM team

Our mission is to establish strong and profitable businesses in order to support and strengthen the coin value, and in the meantime give back a portion of the revenue to the community including IPO holders, and also to support the coin development. A schematic of the overall ERM organization is shown below.

How does the PoI work?

1) Mandy purchased 1 BTC worth of ERM
2) Provided that total IPO revenue is 100 BTC, Mandy has 1% shares
3) Mandy will receive 1% ERM IPO coins
4) Mandy automatically becomes a share holder (1%) and she will receive benefits as long as she keeps her coins in her wallet; if Mandy sells her coins, she will no longer be a share holder


IPO details

1) IPO will be escrowed by Bitcointalk Hero Member: Dabs
2) IPO will last 30 days start october 15
3) Wallet will be ready after IPO ends
4) Coins will be distributed within 24 -72 hours after IPO ends
5) All sales done are final and non-refundable

Code: [Select]

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

The escrow addresses for this contract are:

1ermisQT5jxMfgbvJx6axHbDKQCSVHEA2

for ERMIS Coin Investors (ICO)

Please state and agree to the conditions (if item is received
damaged, item lost with tracking, customs fee etc) beforehand.

If possible, GPG sign your agreement to prevent any
discrepancies later on and please ship with tracking to prevent
problems during delivery. GPG signing is not a requirement, and
any verbal exchange in the form of private messages or posts on
bitcointalk.org, or email is effective as a statement of
condition.

This Contract is solely generated for the purpose of
facilitating the transaction between the seller and the buyer,
which refers to the pseudonyms used on bitcointalk.org.

The escrow holder, Dabs, assumes and gives no liability or
guarantees on the satisfaction of all parties involved, although
he agrees to mediate and facilitate the deal to the fullest
extent he is capable of.  On the event that any problems arises,
he will release the escrow to whichever party that presents him
with the most convincing proof and/or after an open discussion
with others.

The verbal acceptance by both parties (or the failure to reject)
and the sending of Bitcoins to the escrow address above
constitutes the acceptance of the terms and conditions stated,
and the activation of this Contract.

Please understand that I am assuming the risk of holding the
escrowed Bitcoins, and I am using my own time to facilitate this
transaction.

Thank you.

My standard fee is 1%~2% of the BTC amount (minimum of 0.03 BTC)
and this will be deducted from the BTC at the escrow address at
the time of releasing the coins.

Dabs
2014-10-10 (2014 October 10)
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• 100% pure PoS
• 10 millions ERM for IPO sell
• Max total coins : 20 millions
• Minimum stake coin age: 2 hours
• Maximum stake coin age: (dynamic) 30 days
• Block time: 1 min
• Block hash: SHA256
• Maturity: 100
• Stake percentage: (dynamic) 10%

• Projects development (Shops,services, revenue generators)

• Wallet development (features to be implanted)

• Coin development (working on the latest securing methods)

• Marketing Development ( Social networks, paid advertising's)

• Websites Development

• Cloud mining

• Be a re-seller of whatever mining machine we are using

• Fund our ERM profit generating businesses

• Offer multiple service to create a constant revenue ( Loan system, Image Hosting website, Remittance and more to come)

• Launch a unique platform for the shareholders to market their initial IPO share. (The share from the 30% btc payout)

Team: Coming Soon
POD : Coming Soon

Main Idea

The main idea behind this coin is to provide a winning situation for all of the holders. Most of the coins out there are mostly created to be pumped and eventually dumped but we are here to take the cryptocurrency world to another level. We have decided to make it more than a simple currency by making this coin a real revenue coin.

While we provide many sources of revenues and more solid features along the way, you will notice the difference between ErmisCoin and all the other cryptocoins. People are not going to be holding ErmisCoin simply to catch a pump and dump wave, but they will be holding it with the potential of sharing revenues which will be constantly growing as Ermis network grows.

ErmisCoin is created as a revenue generating company. With every company the start is always a bit hard but please bear with us and we will show you how powerful our system is made to be!

[dukektm]

help us to gather more interests pls retweet https://twitter.com/ERMISCOIN/status/532987816121090049
Ermis Coin on Twitter
twitter.com

thank you 

[dukektm]

Hi everyone,

2 days ago we sent  an email to the investors about a possible extend and we received a positive reaction toward this. We have multiple reasons to do so and we hope you can understand them.

1-Wider distribution
2-More funds to startup businesses and legalization
3-Give an extra chance to the potential investors

We are trying to establish legal businesses here and let's admit with the actual amount it will take us more time to achieve our goals. The Cryptocurrency community is pretty impatient and we understand this but we believe it is necessary. We believe the mistake we have done in the 30 days IPO was that we have not provided any early advantage for the early investors and we understand people didn't want to have their funds locked up since day 1 without knowing they had an advantage over the ones investing at day 30.

We have decided to reward those who have invested before November 14th with a 5% bonus and extend the IPO for 3 more days. The wallet will follow on the 4th day along with the coin distribution.

Any Investment before November 14th will be awarded a 5% bonus
November 15th investors 2% bonus
November 16th investors 1% bonus
November 17th investors 0% bonus ( Official last IPO day)
November 18th Wallet and coins distribution

Please understand that we have not required a single Coins of premine and we have a big team here which will require a minimal amount of motivation to work for by the time we officially announce our first assets revenues. We had planned for a lot more funding but unfortunately we didn't provide the right incentive for it to happen since the very first IPO day. The plan will take place no matter what but will be a bit slower then we initially anticipated.

If you take a look at our Mass Adoption schematic you will see we have plans to register Ermis as a legal entity and this steps requires some times. We are very serious about this and with the 3 days of IPO extension we would like to have everyone cooperation to spread the word.

The more we are the better the promotion will be in the long term. Our plans are solid and if successful will be of great benefits to everyone who gave us their trust.

POD was done for the entire team and that proves enough that we have nothing to hide at this point. We gave out all the possible details and explained them well enough since the very start.

PS: The November 14th IPO ends in less then 3 hours- 3 days of IPO Ending on November 17th - Wallet and distribution on November 18th

Than you for your understanding,
Ermis Team