Artist Colony Mining Token – The “Starving Artist” Fund
“Qualis Artifex Pereo”
WHAT IS ACMT?
Sometimes it's tough being an artist. While you're out in the real world trying to earn enough of a daily living to continue your pursuit of your dream of making money from your art; money sometimes creates a mood of hopelessness. A feeling of anxiety that you may not have enough money to make daily ends meet let alone allot you enough to purchase tools to continue your craft.
That's where Artist Colony Mining Token can help!
We intend ACMT to be a means of returning hope to struggling artists of all mediums. By utilizing the colored Bitcoin asset technology ACMT looks to give artists a weekly income. Bitcoin can be spent anywhere around the country or world to purchase items necessary for life or to garner items that one needs to continue to grow. If you have ACMT in your color aware wallet you can travel anywhere and find at least one place that you can use Bitcoin to purchase a cup of coffee, food, or items.
As an artist I know that sometimes fiat currency is an issue. Sometimes artists get stuck on the road without the fiat means to do anything. But if you have a tablet, smartphone or even a paper Bitcoin wallet; you can sustain yourself if you know where to look. And you can do this even better if you have a steady income weekly coming in.
ACMT will be the means by which an alternative for sustenance can be used and will give a lift to an artist's spirit which will in turn sustain a connection to the creative muse helping one achieve their goals.
WHAT ACMT DOES TO HELP
The structuring of ACMT is based on a foundation of Bitcoin mining. In the beginning stages of ACMT all income will depend on cloud mining contracts. Our first choice for cloud mining services because of their transparency, reputation and willingness to always help was Hashnest. We based our decision on the fact that Hashnest is a known and respected manufacturer of mining hardware. All cloud mining contract buys through Hashnest will be a mix of Antminer S5 & S4 units. Other cloud mining choices can be made based on community consensus.
After a build up of cloud mining contracts ACMT will, in the future, use any profits garnered from the manager's other revenue streams to purchase actual hardware for mining. Upon commuinty consensus ACMT management will purchase, from Hahsnest or other sources, mining hardware that can then be used to more efficiently obtain Bitcoin for the Token.
ACMT will also have, on its website at http://artistcolonymingtoken.webs.com, a daily display of artists that this project is aiming to help. We will display a picture or piece of artwork on the front page and offer a donation button so that if someone would like to donate to the cause they can. All donations will go towards purchasing more mining speed or, if this means of acquistion proves effective, purchase of actual mining hardware.
ACMT also provides a fun way for people to earn Bitcoin of their own while helping the main ACMT account by utilizing one of the best hardware mining backed games on the internet, Ore-mine.com. People can earn Bitcoin and help ACMT main Ore-mine account earn Bitcoin as well by signing up at Ore-mine website.
HOW DOES ALL OF THIS HELP STRUGGLING ARTISTS?
Artists can purchase ACMT to add to the assets in their color aware Bitcoin wallets to have a steady weekly allotment but the main idea behind ACMT is a little more than this. We aim to help by, at a point in time where the project matures, offering giveaways of ACMT to artists that the community chooses by consensus. ACMT candidates will receive ACM Tokens free of charge which will be given out of the main ACMT account or by a collaborative donation by community memebers already holding the coin.
HOW DOES THIS ALL WORK?
All Bitcoins acquired by ACMT efforts will be paid out on Fridays at 6PM EST. 25% of the acquired Bitcoin will be reinvested back into mining speed or hardware. 75% of all acquired Bitcoin will then be issued to ACMT holders. All mining acquisitions will be sent to Crowdsale for dispersal to ACMT holders
All proceeds from the ACMT Ore-mine.com address will be sent to ACMT Bank address which will also be holding any and all donations. Once ACMT Bank reaches enough to acquire 100 GHS on cloud site(s); it will be used to acquire more speed for the benefit of all ACMT holders.
I am providing all addresses used in this account for transparency sake so that it all may be easily followed:
ACMT Crowdsale $4.20 USD/BTC value (Using Coinbase for value)
1k5TnrQGRGrP551SJv5qC12zJvFVwsLtL (For Bitcoin donations)
akBhxhxfjjuAYFKENUw2GV3ucKv6RQfUPZ8 (For donation of assets)
Ore-mine Deposit Address/Wallet
ACMT Hashnest Account Deposit Adress/Wallet
ACMT Owners page
ACMT can be purchased through the Crowdsale address and they are the Bitcoin value of $4.20 USD per ACMT. TX fee is included in the price.
I look forward to making this a real thing so that I can help people and expand my knowledge of colored coins. If the community has any suggestions then I will gladly listen. Anything to make this a success for artists of all kinds.
I am sure I will have to make some tweaks to this ANN at some point so I imagine this is my first draft ANN LOL.