[ICO] " MarineCoin" 450,000 MTC for FREE & My Review

in #cryptocurrency7 years ago (edited)

EDIT(Feb 11, 2018): MTC bitcointalk thread was removed. Links to the old announcement will not work. The team is active on Discord: https://discord.gg/zpQyDu6

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I found a really cool, one of a kind #ICO on #bitcointalk.org and I had to share it with y'all. The future success and failure of this coin completely depend on the community, not just a group of devs. You can see it from the way this ICO is conducted. I invite you to learn about MTC.

Ok, here we go. Read on if you are intrigued!

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TLDR: Get your 450,000 MTCs on marineco.in. It's free. You've got nothing to lose. I've never seen another ICO that is so community oriented.

What is MarineCoin (#MTC )? - as stated in marineco.in.

  • Development began in September 2013.
  • #blockchain technology & open source code for #IoT and web payment solutions
  • Secure and 500% faster than Bitcoin's blockchain
  • Scalable and eco-friendly as entire network confirmation system consumes low energy (equivalent to a single light bulb)
  • Low fees
  • Resilient network

Little bit more digging...

  • For a brief moment in 2014, MTC was number one in market cap, followed by Bitcoin and Ripple!!
  • A group of people from an IT department at a private school is developing core; name of the school is not disclosed.
  • Its Github shows Bruce Wayne as the owner, which happens to the same as the ANN moderator. I would've liked to see more commits by different people, but that's okay for now.

Now onto the #ICO !

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This is how it works. MTC is giving away its 9 billion pre-mined coins FREE to 20,000 people, simply signing up for the exchange and getting involved in ANN. Signing for the exchange as part of the ICO process requires a selfie and a photo of an official ID, such as driver's license.

To qualify for the 450,000 MTCs, you must have a bitcointalk.org ID and post at least 5 "meaningful" replies in the ANN about MarineCoin in posts of related topics.

I just did this two days ago, and it's very easy. There is no need to send any money, btc or eth to anyone.

Here are the steps:

  1. Go to marineco.in and click on Join Free ICO.
  2. Click on 450.000MTC Free Sign Up.
  3. Read instructions thoroughly and follow.
  4. MTC will be deposited into the exchange account once verified. Feel free to trade on the exchange or move to a wallet.

My experience with MTC so far

Although MarineCoin doesn't meet my criteria for ICO investment due to lack of proof for many claims listed on the website, I am pleasantly surprised by many aspects of this coin.

Wallet is light, easy to install and use. Transactions are free and fast.
The wallet works well, and it was super fast to send MTCs from the exchange to the wallet. Like lightening fast for 450,000 coins. Cost: 2 MTC. I just tested out the wallet with @nylan, as soon as he hit send on his wallet, I instantly got an unconfirmed transaction appear on mine. Confirmed within 3 minutes (EDIT(Feb 10, 2018): subsequent transactions confirmed instantly) and no transaction fee.

Exchange for MarineCoin: f1cx.com
The exchange is guaranteed to get 20,000 new users from the ICO. I think it's well-developed and there is more and more activity and volume in the exchange every day.

Free Seed #Community ICO
In this reply #325(https://bitcointalk.org/index.php?topic=2809802.msg29253308#msg29253308), Bruce pretty much sums up the role of the community.

Don't turn your heads to us for everything, you have internet you have computer, be a part of it, we are limited to core tasks at the moment open Marinecoin twitter Instagram this is an opensource project, you can take it where ever you want no one will judge you if you try your best at it, it will benefit your investment here, ... if you have lots of Marinecoins do it for yourself, very simple.

MarineCoin is giving away all their coins to 20,000 community members who participate in the ICO. Inevitably some will sell right away, which is not even a lot of money yet. There is an opportunity for everyone here.

If we contribute to the development and promotion of this coin in any way we can, this coin could be 10 cents, or a dollar one day, or even more. Its success and future truly belong to the community. Everyone gains because we literally started at $0! I am amazed by this fresh ICO and I really hope that it works out.

Stakehodler Concerns

I am a little cautious without having verified the code (Anyone who can review the code, go and do this, please!), and without seeing the evidence of their claims on the website, or any prior community activities, but since I've invested ZERO money, it's fine!! Barrier to entry is so low, which is fantastic for people who like to acquire more at the exchange now.

The ANN moderator Bruce Wayne has been super active in the community, responding to many concerns you and I may have. Let me link them here so that you don't have to read through 40+ pages...;)

EDIT(Feb 11, 2018): MTC bitcointalk thread was removed due to spam. The team is active on Discord: https://discord.gg/zpQyDu6

- What happened in the past with the old MTC?
#33 https://bitcointalk.org/index.php?topic=2809802.msg28751442#msg28751442
- What is the future of MTC? What are they trying to achieve with this ICO?
#41 https://bitcointalk.org/index.php?topic=2809802.msg28782980#msg28782980
- Where are they located?
I'm guessing Hong Kong.
#33 https://bitcointalk.org/index.php?topic=2809802.msg28751442#msg28751442
- Concerns about privacy/identity theft
#106 https://bitcointalk.org/index.php?topic=2809802.msg29039047#msg29039047
#144 https://bitcointalk.org/index.php?topic=2809802.msg29091837#msg29091837

Final Thoughts

I personally participated in this ICO, and I believe in its potential. At least I think it will be a fun real-life social/economic experiment of some sort! Like can we really do this?! I think this is how businesses and projects will be run in the future, with people volunteering to take action and initiative for things they believe in.

Some people are turned off by the fact they have to provide personal information, and that's okay. We are all human beings capable of making own decisions:). If you are interested in getting 450,000 MTCs, please visit ANN & marineco.in to find out more and sign up. If you have doubts, please communicate. The team is running this ICO until they reach 20,000 people as long as it takes.

Disclosure: I am not a financial advisor. Please #DYOR. My reviews are holistic and for my own joy, not to be taken as investment advice.


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Really enjoyed reading the review @burstingquads! Some great insights here.

Thanks for doing this for the MTC community. I'm definitely headed to the ICO for some free coins :)

Many thanks for this review. Already get this great coin.

Many people talk its SCAM coin don't invest on it still i am waiting some thing postive

For scam it lasts way too long. So i think it is quite real. Also there are some developments available on website. It seem that it does not fit to conventional way of ico evaluations. UPD: I also recieved 450000 MTC today)))

"Jordan Belfort , the real ” Wolf of Wall Street ” has claimed that Initial Coin Offerings like Docademic (MTC) ICO , are the “biggest scam ever”". This is different MTC ICO

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There will be a lot of interesting!