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Pokereum is an experimental contemporary community driven idea of using flat virtual decentralized autonomous organizations (DAO) to manage and develop a decentralized application (DAPP) that solves the mental poker problem using Ethereum smart contracts, Telehash mesh networking and a consensus network. The Pokereum DAPP lets you play games of poker while ensuring random number generation / card shuffling are fair and transparent, reducing cost for poker players, reducing the possibilities of collusion and enabling cheap boundless payments and withdrawals using cryptocurrencies and smart contracts. Mechanisms to enable easy on-boarding of non crypto-currency users and use stable value crypto currencies are detailed in the white paper. Smart contract based Pokereum DAPP reserves are generated from tournaments, rakes, private table fees and other business models automatically accessible with valid tokens. http://www.Pokereum.io



Account ID :: [NXT-FXNN-4B7R-VJ9J-B7PQA ]   

Asset ID   :: 8328353128552831604 

Total Tokens :: 100,000,000

Token rewards: TBD NEW( 0.000821btc to 0.000521btc  per token roughly )  ( 0.000521btc to 0.000221btc  per token roughly )

Valuation methodology : Market comparables (second opininion isildur)

We get to the valuation ranges by calculating a fully distributed value and estimating a companies implied value through analysis of similar companies operating and trading metrics. So in essence by applying multiples derived from comparable companies to similar but superior DAO/ App metrics we can extrapolate the range of initial company valuation. We could also determine value by estimating market capture, marketing and potential conversion rates and improved churn based on superior technology and incredible value proposition to poker players.






60% of tokens to nxt community, crypto and other knowledgeable donors  obsolete/restructured

55% of tokens to nxt community, crypto and other knowledgeable donors
25% tokens to Devs | board | workers
15% to Group of anonymous donor angels | friends | Family at initial stage
   
         Further Detailed breakdown or token distribution
         Further Detailed breakdown

   55% of tokens to Nxt community, crypto and other knowledgeable donors

   15% to Group of private anonymous donor angels | friends | Family at initial stage

   30%   -> 10% (DAO activity fund)
      -> 7% (free distribution to be revealed as crowdsale draws nigh) see thread ::https://nxtforum.org/stark-industries-%28nxtdice%29/marketing-5288/
      -> 6% (7 devs: 3 full time, 4 part time)
      -> 3.5% (7 board members)
      -> 3.5% (7 workers initial)





Tokens Rewards

48% of tokens to community crowdfunding, crypto and other knowledgeable donors
37% tokens to Devs | board | workers | Bounties | Free distribution | Endowment | etc
15% to Group of early anonymous donor angels | friends | Family at initial stage

Further Detailed breakdown

   48% ( crowdfunding donations)

   15% to Group of early private anonymous donor angels

   37%   -> 10% : (Pokereum DAO endowment activity fund)   
      -> 9% : (13 devs: 5 full time 1% each, 8 part time 0.25% each)
      -> 4.9% : (7 Board 2 extra, 0.7 each, 7 altogether, from *5)
      -> 3.5% :(7 workers initial 0.5% each)
      ->1.2% : (Advisors 3 available, 0.4 % each)
      -> 1.4% : (Dev Bounties TBD)
      -> 2 % : (Marketing bounties starts now!)
      -> 5% : (free distribution during crowdfunding)






Duration of  crowdfunding
Duration last approximately 30 days

Distribution of tokens
Tokens are to be distributed after the completion of the crowd sale phase



Marketing and Discounts
1 week 75% discount
2 week 50% discount
3 week 25% discount
4 week 10% discount

free token crowdfunding marketing referals
refer 15 donors ->  40,000 tokens (1st tier referrers)
refer 10 donors ->  20,000 tokens (2nd tier referrers)
refer 3 donors->  5,000 tokens (3rd tier referrers)


Rules:
No spamming…post relevant replies then engage with your offer…If you are reported for spamming your account will be disqualified
All or nothing for the tier rewards: for example you don't get credit for referring 2 people..you must refer 3 to get 5000 tokens

First come first serve : maximum people referable by one person/address is 15

If tokens are not completely claimed, They Rest go as bonus to top 10% earliest donors , board members and workers shared equally






Management of Proceeds
Operating budget to be held in multisig btc address
The rest of the funds to be held by trusted escrow , till board have access to Nxt account control or phasing
Board manages




Use of proceeds
Bootstrap Pokereum DAO operations
Fund Pokereum app development
Guaranteed player prize pool tournament incentives
Pokereum marketing/branding awareness campaigns to break through competitive noise
working capital
Pokereum salary payments
Pokereum worker/dev legal protection fund
bounties



Risk Factors / Disclaimer
Do your risk assessment accordingly and carefully, all deposits are non-refundable donation used to bootstrap the DAO.