I can take your levelcoin for free. Just for support it.
I can't believe anyone really is buying it.

It seems like you are already convinced that he is a scam. If so, why wait?

Why not just create a more flat system?

For instance, Tier 1 (T1) coins generate nothing. They are created in the initial genesis and then from a PoS system based on T2 holdings.

You could burn whatever value you wanted. So if you want to burn 2 T1 coins, then you can. If you want to burn 2,000 T1 coins, then you can. However many coins you burn, that is how many T2 coins you get in return. So if you burn 500 T1 coins you get 500 T2 coins. The T2 coins are non trade-able. You would not be able to remove them from your wallet. Could you sell your wallet? Sure, but then you would lose everything.

So the PoS system would work so that you generate coins based on your T2 values beginning when you burn them. They would generate a set % daily so that they would give you a 100% return on investment in 3 or 6 months (this value could be anything) and then double in value after 6/12 months (also could be anything). The day the coin matures, i.e. hits 200% ROI, it dies and no longer produces anything.

You would have to come up with a system and wallet that could somehow eliminate the dead T2 coins, and then you would also need the wallet to track your coins and their maturity dates so you know when they will drop. Or you could just expect the user to be smart enough to figure it out.

You could set a minimum for burns if you wanted so people would hold T1 coins for a short while, so for instance say minimum burn is 100 or 1000 coins.

If that's too much inflation, you could set it to a 130% final ROI or 115% ROI, etc. In essence, you need people to be able to earn additional coins, but you want to keep the inflation level very low. I would imagine any investor seeing a guranteed 130% return on investment would be happy to burn their coins, but at the same time you dont know what the value and market cap would be in 6 months so it's a gamble.

This would still entice users to both retain and horde to an extent but also to burn and earn to increase their holdings.

I just think a set % PoS system makes more sense. But incorporating the anti-inflationary level system is both useful for the currency and also really fun and unique.

Bottom line, if you can get people on board and make it popular, anything can be worth money.

If there is anyone creating a real coin, please PM me with investor details...I would like to invest something real...lol

If someone can make this a reality, then consider me as your investor.

Today is the deadline
Nothing yet from Levelcoin/LeoC

me too!

Assuming by the lack of communication that Levelcoin has left the building, I would like to get a core group of 3-4 interested parties to PM me and start a discussion about trying to pull together a real development project based on this proof of burn design. I am drafting up my thoughts into a document that I will share with you on how I think the process should be conducted.

+1