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LTBcoin Launch Day Distribution

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adam

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Location: California, USA

At the start of the Genesis Week (TBA), when content distributed through the LTB network begins qualifying for POP (Proof of Publishing), the first weeks distribution is different than the ones that come after.
50% of the first week's tokens are to be distributed to the pre-launch LTBCoin community (this forum) in a variety of ways (still thinking of more)A portion will be split between all users on the LTBcoin forum who have more than 5 posts and aren't trolls. A portion will be split between all the users on the LTBcoin forum who are identified as the most useful individuals active in the pre-launch period, this list will be mostly chosen by the Editor-in-Chief and will be a status one achieves, with the number growing over time between now and launch A portion will be split between all users who author documents or other presentation level materials Propose other initiatives
50% of the first week's tokens are to be distributed to key members of the LTB team who helped build Let's Talk Bitcoin! to the point where something like LTBcoin is possible.  This list only includes people who I feel performed a whole bunch of work for which I did not pay them because we couldn't.  These individuals include Andreas M. Antonopoulos (Host of LTB)Stephanie Murphy (Host of LTB)Adam B. Levine (Editor-in-Chief)Brian C. (Writer of some of our early popular written work)Michael S. (Interim CTO July 2013- Nov 2013, implemented and oversaw the Wordpress Platform)James S. (Runs our Youtube channel as a volunteer, does all conversion, enormous help)George E. (Managing Editor August 2013-December 2013 - Small allocation as his work was paid, albiet poorly)Denise L. (Managing Editor on the written side since 2014. Unpaid.  Has done more than 50% of LTB editing in 2014)The Musicians of LTB!  This will be weighted by how much their music was used, Jared Rubens in the #1, General Fuzz (most of the transition music in 2014) in #2 and I'll have to look at old episodes to figure out the rest of the order.and I'm sure it should include a few more - If you feel you have been incorrectly left off the list, please contact me at [email protected] or via PM on the forums here.
This is a one time event, the second week of distribution will begin the normal distribution schedule.
Comments or suggestions are welcomed

Posted on March 9, 2014 at 6:55 AM
Last Edited: March 18, 2014 at 5:20 PM

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• mazzaneo

  

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  So will there be any mining involved at all? If not how will the coin gain with non LTBcoin listeners and fans?

  Posted on March 9, 2014 at 8:54 AM
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• mazzaneo

  

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  Gain value that is...

  Posted on March 9, 2014 at 8:54 AM
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• xcpbank

  

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  This is a great initiative to get the community more involved in making good content. Keep up the good work.
  

  Posted on March 9, 2014 at 10:34 AM
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• led_lcd

  

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  Do you think that 'selling' some amount of LTBCoin would be contradictory to what you see for LTBCoin?
  
  There isn't any single 'fair' way. However, I do like the Dutch Auction.
  
  http://www.investopedia.com/terms/d/dutchauction.asp
  

  Posted on March 9, 2014 at 11:06 AM
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• max

  

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  Please don't forget to include Jared Rubens in the distribution, his music is an important part of LTB.
  

  Posted on March 9, 2014 at 11:16 AM
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• adam

  

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  I think in total I've sent Jared 1.5btc, but this is very true I forgot our musicians

  Posted on March 9, 2014 at 1:40 PM
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• adam

  

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  led_lcd said: Do you think that 'selling' some amount of LTBCoin would be contradictory to what you see for LTBCoin?
  
  There isn't any single 'fair' way. However, I do like the Dutch Auction.
  
  http://www.investopedia.com/terms/d/dutchauction.asp
  

  I'm not fundamentally against it, I have been reticent to "sell" LTBcoin in this way because I don't want there to be any confusion if this is an IPO.  It is not.  It is just a shift in our business model that has us tokenizing our ecosystem both for tracking, valuation and to better allow LTB's interaction with the rest of the economic world.

  Posted on March 9, 2014 at 3:32 PM
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• Bountyful

  

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  Faucets seems to work? Maybe a faucet for new users who want to experiment and understand this new coin and what it's capable of doing?

  Posted on March 9, 2014 at 3:43 PM
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• adam

  

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  Bountyful,A large portion of the money supply is devoted to vesting members of our audience/community for non-monetary purposes.  Faucets are one of the few things we will likely not do, because i'd rather people tip content or comment on stories or hang out on our webpage or listen to our shows.
  But yeah, non-monetary to figure out what it does I agree.

  Posted on March 9, 2014 at 4:00 PM
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• bosman

  

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  This is an innovative approach to expanding your subscriber base all while being able to quantify your value to the community. 
  Good luck Adam!

  Posted on March 9, 2014 at 7:26 PM
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