[PRE-ANN] [CHVZ] CHAVEZCOIN 100% POS Free Distribution

[semvak]

CHAVEZCOIN [CHVZ]

ChavezCoin is a digital currency with a socialist ideology and an established north; a new economic model for the free world, decentralized e independent from the traditional banking system.

ChavezCoin comes as an opportunity to the Venezuelan people to have a currency traded and accepted worldwide, a new currency that start from scratch and will gain value with the effort and work of all the people involved in the project, where the actions of the governments and banks has no consequences over the value of the coin, making us, the people, the only responsible for the empowering of our economy.

Right now Venezuela is going through a rough patch, with several problems, scarcity, high inflation rates, rampant crime and a problematic currency control that make almost impossible to obtain international currency via legal ways, forcing the people to use the hyperinflated black market, making our currency worthless.

Distribution

The initial number of coins is 8,191,132, it was the total votes that Chavez received in his last presidential campaign. The coins will be distributed like this:

60% of the coins will be handed out to the Venezuelan citizens who register themselves in our website. The coins will be distribuited in 2 batches, the first batch will be July 5 (our independence day) and the sencond July 24 (the birth day of our national hero Simon Bolivar)

10% will distributed via ChavezCoin faucet, this distribution will be different from normal faucets because we will pool the coins collected from the users and we will give them in the 2 prior mentioned batches, to make an even distribution. This faucet is meant to be used by foreign people who belive in our project, spreading the coins to a wider audience.

20% Bounty/rewards fund: because we are aware that we need all the help we can get and also that the work of our supporters must be rewarded, we will use this fund for advertisement, giveaways and developers The address of this fund will be publicly available, and any use of the funds will be notify to the community.

5% Developer fund: This fund will be used for future expenses of the coin like nodes. The address of this fund will be publicly available, and any use of the funds will be notify to the community.

5% Social Help fund: This fund will be created for social aid, scholarships, we truly believe in our project and in the idea of helping those in need. The address of this fund will be publicly available, and any use of the funds will be notify to the community.

Roadmap

We have established 4 stages for the development of our coin:
 
Promotion
This is the first stage, in this stage we will open the registry for the users, the faucet, various giveaways and contact the local media, in order to reach as much as possible people. Also we will open the bounties for the developers/sites/and businesses interested in take part in this endeavor. Estimated time 1 month

Acceptation
After all the coins were distributed, it will be time to reach exchanges and payment gateways, our main goal here is to be listed in several Altcoin exchanges, and let the market establish a referential price for the coin, and to be in at least 1 payment processor, to be able to reach e-commerce owners and convince them to accept ChavezCoin as a payment method. Estimated time 1 month.


Massification
This would be the last stage, an always evolving and endless one. In this stage is where we will be needing the most help from our supporters / associated developers,  to bring to life some ideas that we have and grow the value of our coin. Some of our projects are:
-   Bolivar/CHVZ exchange
-   CHVZ marketplace
-   Expand the quantity of stores accepting CHVZ
-   Android/iOS Wallet
-   Reach brick and mortar stores to accept our coin
-   The creation of social aid/scholarship committee and the use of the fund for social projects.


Coin distribution:
The coin will be distributed in 2 batches, the first batch will be 60% of the allocated coins and the remnant 40% in the second batch. The distribution will be simple, the total allocated coins for each batch will be divided between the registered users in that time frame. i.e

First Bach

Allocated coins

Venezuelans: 2948808 CHVZ
Foreigns: 1228670 CHVZ

Registered users

Venezuelans: 1000
Foreigns: 1000

Coins per user

Venezuelans: 2948,8 CHVZ per user
Foreigns: 1228,6 CHVZ per user

This is just an example , we hope te get more people involved 

Schedule
September 7th: distribution of the first batch of coins to the registered users.
September 21st: Second distribution batch of the coins to the registered users.

Coin distribution process:
On September 7th we will update the site with a download link and the github of the coin wallet. Also we will enable a form to register your address.

Bounties
From the initial coin total (8,191,132) we will be allocating (1,146,758) for bounties, giveaways and promotion. So far we have come up with this numbers , but nothing is carved in stone

Block Explorer	60000 CHVZ
OSX Wallet	30000 CHVZ
iOS/ Android/ Web Wallet	150000 CHVZ each
Twitter TipBot	150000 CHVZ
Video*	70000 CHVZ each
Giveaways	40000 CHVZ
ANN Translations**	500 CHVZ each
News/blog articles***	500-5000 CHVZ each
Promotion /advertisemnt****	100000 CHVZ
Fist High volume exchange	50000 CHVZ
First low volume exchange	100000 CHVZ

* We need 2 videos, min 45 sec long, explaining the advantages an beneficts from the coin, please PM us to explain further if you are interested
** Please PM us BEFORE creating the ANN
***Please PM us BEFORE creating the article to negotiate the reward.
**** This bounty is for all the promotion and advertisement of the coin , not just 1 gig. We are open to discuss, please PM us your offer


How can you help?
Spread the word about the coin in your social networks, bring your family and friends to the project, the more we are, the easier it would be to get listed on an exchange.

More news to come!!


Join Here  chavezcoin.org


Right now we are accepting 1 register per household/IP.

No ICO: We are not after your money/Bitcoins, we will never sell coins, we just saw a problem/need and want to be part of the solution.


I know there has been a TON of shitcoins around, but we just want to help our people

Algorithm: X11
Intial coins: 8.191.132
total coins: 16.382.264
BlockTime: 60 sec
Stake: 5% anual
Minimum Stake time: 7 days
Coin Maturity:  30 days

[Miajones]

Cuando se sincronizara el wallet? Llevo un dia con el nodo abierto y aun sin sincronizar

[semvak]

Cuando se sincronizara el wallet? Llevo un dia con el nodo abierto y aun sin sincronizar

update today, wallets are synchronized and start getting POS, cheers

[killerjoegreek]

I am able to do translations to greek language of your ann thread for a bounty. Please take a look at my work here and send me a private message if you would like a translation. http://bitcoingarden.tk/forum/index.php?topic=4249.msg94906#msg94906