Bittrex will be hosting the NOOCoin crowdfund campaign. As a reminder, we are providing escrow for the development team. We are not endorsing this coin or any others on our exchange. Please do your own research before trading.
NooCoin ANN: https://bitcointalk.org/index.php?topic=895226
The coin's description provided to us by the development team:
At NooHack, we believe in giving our customers options. That is why we have created a payment system that allows for the next generation of payments to be accepted in the form of BTC and NooCoin.
As customers, you will have the advantages of receiving generous discounts when using BTC and NooCoin to make purchases. When our customers use BTC or NooCoin to purchase our products we are able to pass the savings gained from bypassing the processing of fiat payments and fees directly to our customers.
Our payment model is simple, accommodating, and grants additional benefits to customers that use digital currencies.
Customers that use fiat currency will pay the recommended retail price for our products. Customers that pay in BTC will recieve a 10/% discount on all purchases. Moreover, our customers that use NooCoin to order will recieve a 25% discount on all purchases. Visit www.noohack.com for further information on products.
The products we sell are legal supplements in our jurisdiction. If at anytime for any reason they were deemed not legal, we would cease distribution immediately. The same would apply for any legal jurisdiction we enter.
NooHack does not and will not sell any products, which breach any regulatory body. As a registered company we maintain a strict code of conduct and compliance, following all laws locally and internationally.
Below are the full terms for the NooCoin Crowdfunding campaign. These conditions will not change during the crowdfunding period.
- Bittrex will host a sale starting with 25 million coins at a price of 0.00001000 each.
- The crowdfund will run for approximately 10 days beginning Dec 16th, 2014 at 00:00:00 PST and ending on Dec 22nd, 2014 at 23:59:59 PST.
- The crowdfund must raise a minimum of 100 BTC to be considered a success.
- If success conditions are NOT met, all BTC will be refunded through a buy wall.
- Trading fees are not refunded under any circumstance.
- Once the crowdfund is over and successful, Bittrex will verify there is a working wallet, blockchain, and block explorer.
- Any remaining coins that were not used for the swap/cfc will be destroyed by Bittrex
- No trading of the coin will be allowed until the crowdfund ends and escrow is released.
- ALL SALES ARE FINAL AND THERE WILL BE NO REFUNDS - by participating in this crowdfund, you are agreeing to the above terms.
While Bittrex does verify that the wallets, block explorer, and blockchain work immediately after the CFC period, we do not verify or endorse any claims the developer makes around their business model for the coin or that they will continue to maintain the code base. Before choosing to donate, the user must decide for themselves what level of risk they are willing to take.
We are mindful of scams, copyright violations, and offensive subjects and reserve the right to refuse any coin on our platform and cancel a CFC at any time.