Batch 1 closed at $6,500.00!
Congratulations @cryptomancer!
As you can see here we powered up 100% of the auction proceeds!
We are paying you $1 for each of your Steem!
Official ICO Live Auction Thread for VIVA Right Here on Steemit
VIVA is the price stable crypto currency with reliable income features.
It was introduced to the world by 
Part 1 : Introduction to a Price Stable Crypto Currency With Basic Income
Part 2 : VIVA Components Explained
Part 3 : VIVA Components Explained - Part 2
Part 4 : Bootstrapping the VIVA Economy
In order to guarantee an income for all participants, the VIVA economy is structured around the interplay of several economic layers.
Three of these layers are crypto currencies that serve specific purposes within the ecosystem.
The fourth layer is a fiat gateway with debit Mastercard issuing capabilities.
This auction is the first of it's kind in the world. It's going extremely well!
Auction Details:
There will only ever be 42,000 VIVA Crowns.
The first 4,000 are to be distributed over the course of 4 rounds.
After ICO there will only be One Crown found per week!
Each batch or round corresponds with a milestone we've reached.
Creating the exchange and fiat gateway was our first milestone and began the launch of the live auction for VIVA Crowns, our fundamental base layer.
Today we finished our ICO website www.vivaco.in
Drop by and check it out!
These auctions serve two purposes.
- They allow us to perform adequate price discovery, because when we speak to institutional investors they do want to see that.
- They give everyone a chance acquire some while the price is low.
- We use the powered up steem to provide upvotes to our developers as a perk to help attract and retain top talent.
We believe that everybody should have the opportunity to benefit from the explosive growth we're about to undergo.
Running the auction here is our way of saying thank you to the steem community for everything you've done for us.
As it turns out though, requiring bidding on the entire batch of 100 Crowns, locked many people out from the get go, even with the bonus we paid for steem.
Rules:
- The auction is still priced in USD.
- You can settle in any currency supported by
.
- There are only 90 VIVA Crowns available in this batch.
- You have up to 7 days to settle.
- Whether steem or SBD, we give you a $1 credit for each unit you use at settlement.
- Your bid is per unit of currency.
- You can specify the number of units you want at settlement.
- For your bid to be accepted it must be at least $1 higher than your previous high bid.
- The auction closes at post payout
This was higher than the high bid at close but they delayed too long to put their bid in.
So we're opening this batch up at $66
When you bid, you just say something like...
I bid $67.00
You do not NEED to specify how many units you want, but you CAN if you choose to.
The highest per unit bidder at close will get first say on how many they want, then the second highest bidder, then the third etc until this batch is completely sold. Winners will be announced in the third batch.
Keep in mind that this is a carry over auction. The ceiling of the previous batch becomes the floor of the next.
Just seeing VIVA for the first time? Check out these resources for more information.
Our website www.vivaco.in
Blogs about VIVA...
Part 1 : Introduction to a Price Stable Crypto Currency With Basic Income
Part 2 : VIVA Components Explained
Part 3 : VIVA Components Explained - Part 2
Part 4 : Bootstrapping the VIVA Economy
This is your last chance to get in on the VIVA ICO with the fixed price steem settlement mechanism.
This post is 100% Steem Powered and 100% of auction proceeds will also be powered up!