What is this?
Put simply, I've had a lot of requests to do something like this and until now I never really had a reason to. I've been convinced that there is an opportunity for us to get more people involved with these coins. We have
GorillaStk on HZ, which will be open fairly soon. These will be used to trade in for either 10k or BALLS and get a Cloud Staking Plan included. These will be sold in waves; size of sales undetermined and timing unknown, but price will never change. First wave will open very, very soon. Instead of an investment opportunity, think of this as a cheap voucher you can use yourself or give to a friend. Essentially, it's a $40 coupon for about 50 cents with no expiration date that
is transferable and may or may not be worth more in the future
Trade in Rates
You will receive 10 x BALLS for 1 token OR
You will receive 1 x 10k Coin for 1 token
- AND -
An address that stakes on a
GorillaStake server until at least January 16th, 2016
Coins are transferred to a new address and you will be sent the Private Key
Private Keys purchased via HZ will be sent through HZ encrypted message
We reserve the right to
extend the staking period at any time. It will not be cut short
When redeeming for cloud staking, please include which coin you would like in your transfer note
How much is it?
The price will be 2500 HZ per token. This price includes both the coin ratio listed above, as well as an address staking for nearly a year. Signing up on our website is $20 for six months. This program is designed to make it easier to involve new people in cloud staking while funding the address with a small amount to get them started. For just a few satoshis, you can purchase an address for a friend and get them a small balance to get going on a cloud staking server...or use it for yourself!
This doesn't seem like a good idea
It is, though. If you were to grab an address on GorillaStake by itself, they are $20 for 6 months. We know this is a very solid price point as many people have already registered and were more than happy to pay that small fee. This is a way for us to include new members of crypto that are not currently involved. This price was decided after much deliberation and the reason is simple. Right now, both of these coins are at as low a price as they have seen in a while. At this price point and the amount of tokens that will be available, I will be able to cover the balances if every single one was sold, regardless of the market price. This means that if the price goes up even in the slightest, these tokens will be worth more and more. They come with a small balance to prove how well GorillaStake works before you deposit more coins and put more trust into our system. If you are unsure whether GorillaStake is for you, or just want to have a way to get a friend involved quickly and for pennies, this is the program for you!
If this is not for you or it seems like a bad deal, please do not buy it. This was requested by many people and they are our target market
This promotion will be successful whether we sell all the tokens or none at all; it doesn't matter. This is simply a way for us to expand our user base
