SIGIL — New Platform for Crowfunding with 0 fees — Instant Payments, POS, Bounties

in blockchain •  7 years ago 

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Name: Sigil (SGL)

Algorithm (PoW/PoS): Neoscrypt/Sha-256d
Block Time (PoW/PoS): 1.5 minutes/3 minutes
Block Reward (PoW/PoS): 25 SGL/25 SGL
Circulating/Total Supply: 2,600,000/50,000,000
Difficulty Retargeting: Orbitcoin Super Shield (OSS)
P2P Port: 39654, RPC Port: 39655

This coin is mineable by CPU/GPU on official pools.

Sigil is a new and revolutionary cryptocurrency that embodies the twin ideals of security and efficiency. It incorporates the best features of both Proof of Work and Proof of Stake mining, supports multiple algorithms, and achieves enhanced security through its implementation of advanced checkpointing and retargeting throughout.
The Sigil team is developing the next generation of crowdfunding technology through the blockchain. Our goal is to provide a more efficient, transparent, and secure crowdfunding platform without taking any fees whatsoever, instead using Sigil to fund the venture. We believe we can empower the individual specifically with this platform, as it will be beneficial for all parties involved. Consumers will be allowed to retain a greater portion of any funds they raise and any transaction intended for them will be ensured through the use of the blockchain.

  • What’s the problem of these plateform? What do they lack of?
    They have some obstacles, like the limited number of countries, the limited geopgraphical exposure. The fact that there is a noticeable amount of fee is also a problem to raise the exact of fund needed. They are kind of taking away 1/20 of funds with their fees and this is something Sigil is trying to avoid.

  • What does Sigil add as value to this basic idea?
    Throughout the platform you will be able to launch a fundraising, follow the raising and get the fund with no fees. For the participants who believe in the project, they will have a secure payment system, as well as a traceability of the payment they made to ensure it is used for the purpose it was intended to.

  • The roadmap:

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*List Sigil on exchanges to get 10$k volume, so as to get a CMC listing
*SigilGo launched as a platform for the crowdfunding solution
*Mobile Wallet to facilitate the transmission and circulation of SGL
*AtomicSwaps to get swapped for other currencies and LN to fasten transactions with even lower fees.

  • What can they add in the future ? What would fit with SIGIL vision?
    I do think that they is a way to implement, in the future platform, some kind of donation based fund raising. Then a pot/jackpot collection like leetchi would perfectly feets

It would divide the platform in 3:

Crowfunding source based from donations for business purpose and creation
Donations for funding (hummanitary, health, pets, personnal project) that the funded person would retribute with work (papers signed, signatures, etc, like the business model from tipeee.com maybe?)
Money pots fund-raising for gifts/evenements (baby showers, weddings, anniversary, presents, etc..)
A FIAT implementation with partners would also be an option to get tokens as fast as possible.

New Exchanges are being followed to get listed ASAP.
First exchange: https://coinhouse.eu/markets/sglbtc

Ressources:
Site: http://sigilplatform.com/
Bitcointalk: https://bitcointalk.org/index.php?topic=2710157.0
Whitepaper: http://sigilplatform.com/wp-content/uploads/2018/01/Sigil_WhitePaper.pdf
Roadmap: https://imgur.com/70UpUY2
Off Twitter: https://twitter.com/sigilplatform
Off Slack: https://join.slack.com/t/sigilplatform/shared_invite/enQtMjk2NzEyMDAyMjA4LTk0OThiOWEwZmRhZWVlMDlhNmZlNjIxZDJhY2I2ZWExZGYzNGM5OTFiNjhmN2M2YTM0MjA5MDEzNTIwYjgzMDM
SubReddit: https://www.reddit.com/r/sigilplatform/

Donations: SdgQio6T6tFjrKkoVMAzeVZHHyftZLHRJd

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