Sentences with phrase «failed coins»

Holders, community members and creators of failed coins are provided a way to join a project that has the network effect that the projects they created or supported failed to achieve, and implementing a subsequent systematic burn of the coins bought out.

CoinJanitor essentially unlocks value trapped in failed coins and conglomerates them all into a single new one, JAN..

Project Creators: They will benefit from creating an unprecedented project in the space, opening a debate that cryptocurrency enthusiasts should have about the best way to deal with failed coins, and the privilege of leading a newly created community with the development of more tools that will be useful to cryptocurrency enthusiasts and markets across the board.

As we integrate more dead or failed coin communities under the CoinJanitor umbrella, that network effect should grow, compounding the value of our token.

They will also benefit from joining a community that will grow exponentially as CoinJanitor continues to amalgamate communities of other failed coins that are otherwise cut - off from the markets.

CoinJanitor works by selecting specific coins that have failed or are functionally dead; contacting creators and community members; buying their coins out with the CoinJanitor token allowing them to transfer their value into the markets; burning the coins it bought from these community members and manually decommissioning the blockchains of those dead or failed coins afterwards.

Or one parent advised «Go to the pub, buy yourself a drink... voila # 1 change and if all else fails the coin the Tooth Fairy left may just have «slipped down the side of the bed» only to be found later that day!

Description: Our mission is to reduce cryptocurrency market dilution and restore lost value to the Crypto Economy, by providing holders, community members and creators of failed coins, a buy - out, a way to join a project that has the network effect that the projects they created or supported failed to achieve, and implementing a subsequent systematic burn of the coins bought out.

Project Creators: They will benefit from creating an unprecedented project in the space, opening a debate that cryptocurrency enthusiasts should have about the best way to deal with failed coins, and the privilege of leading a newly created community with the development of more tools that will be useful to cryptocurrency enthusiasts and markets across the board.

This economy is based on unlocking value trapped in failed coins and achieving a network effect by amalgamating the communities of these failed coins into a single one.

Holders of top ranked coins benefit from this clean up because dead or failed coins have value locked in them, however small that value might be.

Users of Failed Coins: They will benefit from the opportunity to get value back from coins that can not be sold.

CoinJanitor contributors will become an integral part of a fast - growing community that amalgamates users from dead or failed coins throughout the market, creating a powerful network effect that adds value to the unlocked value coming from those dead or failed coins.

Other developments will follow as the CoinJanitor platform is rolled out, unlocking value from carefully selected dead or failed coins.

So, if you are interested, and you want to find out more about how we define dead or failed coins, how our selection process will work, and you want to gain a deeper understanding about the economic principles guiding this project or you want to contribute to CoinJanitor,

Holders, community members and creators of failed coins are provided a way to join a project that has the network effect that the projects they created or supported failed to achieve, and implementing a subsequent systematic burn of the coins bought out.Failed coins are profiled and a buy - out program is set up so that the coins creators turn over access to GitHub, other code repositories and all marketing assets.

By opening the debate on dead and failed coins, the community will start benefiting even before the public sale of the CoinJanitor token begins on March 15th, 2018.

CoinJanitor works by seeking out failed coins, contacting the creators and community members, and then buying out all of their coins with the CoinJanitor token called JAN..