It’s really refreshing to see a coin launch that has a disclaimer and is not hoodwinking Newbies into getting sucked into a pump and dump scheme. By using the Ripple Protocol for launching COMIC BOOK COIN, the CBC Devs are making it easier for New members to enter the Crypto Currency Market by being able to procure the coin without too much hassle.
CBC is designed to have real intrinsic value as it is asset backed by a collector’s commodity – that is – yep you got it COMICS! Comics are real collector’s items and can go into the thousands of dollars for collector’s editions. There are other asset backed coins also but CBC is laser focused to thrive in its own genre and specialized area. Honing in on the COMIC BOOK COLLECTORS Niche will surely attract a specific group of interested buyers.
There is a cool and detailed website which is so user friendly and explains in detail also how to buy CBC here: HOW TO BUY CBC COIN which is extremely helpful for the Uninitiated into Altcoins. In the first year, CBC Devs plan to release around 10 million coins and the plan is to have a total of around 88 million coins in time, if the market is healthy enough to hold that amount, but that will be well into the future. New coins will only be issued according to the laws of supply and demand so as not to flood the market with coins unnecessarily. This makes for sensible and logical planning in my books.
SPECS AND SALE DETAILS
Here are the initial details in a nutshell for CBC..
Initial Coin Release: 1 million
Price: TBD — Approximately .000018 BTC or .25 XRP or one half of one cent in U.S. dollar terms
Exchange: Ripple only. We have decided to use Ripple to begin due to ease of use (and speed) for newbies. See website for further
Time of initial sale: January 14th, 2015 at 5:00 pm GMT (Noon U.S. Eastern Time)
Dividends: Yes, although probably not for two years or so as there will be an initial accumulation phase.
Buybacks: Yes, from time to time when determined to be in the best interests of CBC holders. See website for further details.
CBC Comic books will be displayed here and as a private collection and business, CBC wants to be successful in this venture and reward holders of the Coin eventually, maybe 2 years down the line with dividends. Of course in the beginning the business needs to establish itself and gather up a fan base and create a healthy community amongst avid comic collectors and altcoin enthusiasts. My Son loves collector’s comics so I will certainly be collecting both coins and comics as time goes by! As the Coin grows in time there will also be buy back support from time to time for those who wish to exit and receive a healthy price to assist in building trust in the Community at large but I am sure as CBC gains momentum, the coin will be just as much a collectible as the Comics themselves.. Helping to bring both Collectors and Altcoin Fanatics together, CBC is the no nonsense coin with a mission to bring quality and ease into an area that has often been associated with the Whale and Sammy Devs Mafia and hopes to to clean the tarnished reputation altcoins have built over the last two years.
Here are some useful links about CBC that will help you gain a better insight into the Coin and the Team that is making it happen.