VladTheImpaler
The Sensational Prince
to the moon then hodl 
.. Im down
.. Im down
OFFICIAL COLI CRYPTOCURRENCY TOKEN
- Thread starter Legend
- Start date
CarbonBraddock
You will be trolled
what does the poll concluding got to do with you or someone else answering two simple questions?
i asked that for a reason, not just randomly. but don't even bother though. i'll google it. inb4 'negro you should've googled it to begin with'
Killah Ray
Carolina hail to thee....
Buying Lambos with that Coli cash…
I Really Mean It
Veteran
This dope. Sign me up.
You can try to leverage your missing POTY banner.That’s fukked up that you giving tokens based off rep
Why not based off those active in the official crypto thread
I’m in
MoneyBags
Dapper Don Don Boss of Bosses Chief of Chiefs
Leggo
NotAnFBIagent
[redacted]
Didn't read. Y'all need to open registration if y'all want anything to pop
300 x 10,000 = 3 mil, not 30 mil
So in order for your formula to make sense, it’d have to be multiplied by 100,000
I'm in. Been waiting for this.
Background
So after doing extensive research on the ins and outs of creating and operating a token ecosystem, I finally pulled the trigger on designing COLI token, our own cryptocurrency whose direction will be determined by how well this goes with the community. There is alot to get through, too much in fact, that if there is enough interest, I will be willing to hold a group voice chat to explain things further indepth.
The basic premise of the token is to, first, act as a digital souvenir in the burgeoning era of Cryptocurrency. I believe this would make us the first major forum on the net with its own crypto token, owned by its members, operated by its members. To that end, if this project becomes nothing else, its still pretty cool to have our own coin in this exploding digital landscape.
Where this goes depends on what the community sentiment is. There is no right or wrong answer.
Are we okay with this just being a piece of digital history, no prolongued value outside of sentimental attachment? Similar to coli cash, it would exist solely within the forum ecosystem.
Or would we prefer to eventually put the token on the open market and trade it for real money? Buy and sell, see price action. Expand its influence beyond the walls of the forum and try to get it trending.
Vote, and once the temperature is determined, I'll go further down the desired path.
Token Distribution
As the official Coli forum token, its only right, maybe even necessary, that registered members get first dibs on the coin. So, each user is entitled to 10 Million tokens apiece, at a minimum.
Those who have reputation above 100 will, instead, receive tokens based on their rep points.
The formula will be: [rep pts] x [10,000]
For example, a rep of 300 will entitle you to 30 million tokens.
A rep of 3000 will entitle you to 300 million.
For those with negative rep, as I said, you're entitled to 10 million at a minimum.
Moderators and staff members are automatically entitled to 50 million (can be stacked ontop of your rep).
"Supporters" are entitled to 30 million (stackable with rep).
There will be a total of 1 trillion COLI tokens in existence. This will be a deflationary currency, meaning as time goes on, the supply will decrease, making each coin more valuable.
How To Claim
It goes without saying, you have to be familiar with cryptocurrency and have the necessary competence to acquire the tokens. If the following terms aren't familiar to you, you will have an extremely hard time understand what's going on:
MetaMask
BNB
PancakeSwap
DEX
CEX
Slippage
Liquidity Pool
I also run the Coli's official cryptocurrency telegram. The group members, and I, will do our best to help out anyone who has a basic understanding of things, but just need a little extra help. We have 100+ members, and the first thing anyone interested in this endeavor should do, is join the telegram: Crypto Coliseum
For those who have a firm grasp on how things work, if the second choice on the poll is the winner, I will begin distributing the tokens, along with additional information.
Final Thoughts:
This whole thing could turn out 1 of 3 ways:
1. A complete, unmitigated disaster. Due to people not understanding, caring, being disorganized, suspicious, or unscrupulous with the tokens.
2. By some miracle, if everything runs smoothly, we could be on the path of building wealth for our children. I won't sell you a dream: Many things would have to go right for this to happen!
3. This post gets buried to the 3rd page, I nonchalantly delete it, and everyone goes about their business like nothing happened.
Its for you, the community, to decide what happens next. I'll give the poll 1 or 2 days, then will update accordingly. In the meantime, I'm open to any questions you may have.
In
Might want to list it on the Feg Exchange. It's simple to add a pair listing
PewPew
I came from nothing
I’m in. I think we should hurry and release this so we can be first to market. Being the first forum, and minority owned and operated at that, would have people flocking to us even more. The Coli token can almost be like the next best thing since you can’t become a member. Hell, we can make it so that you HAVE to own Coli coin to be a member.
Either way, I’m all the way in
Either way, I’m all the way in
PewPew
I came from nothing
All of this. We can literally create our own gold rush