Thanks for taking the effort JonesD! I like the focus on QuarkBar and I think it was good to have only the focus on one coin.
The foundation needs to get used to adapting new coins and this way of working, when focussing on more coins this is getting harder.

I think it's good to have a small process support the foundation's coin lifecycle.
I'd propose the following process steps:

• 1. Prepare a list of coins to focus on, make sure coins have the possibility to be adapted by the foundation (dev is ok, source is available, etc.)
• 2. Have a vote on which coin to focus on
• 3. Prepare to do list to get the coin patched up
• 4. Work on to do list
• 5. Assess if work on to do list is good enough to 'get things going'
      if yes --> step 1
      if no --> step 3

With this process, which is just a draft and open to suggestions, I think we can have a solid way of working without loosing focus.
I think we also need a process when 'things get going' for a coin, that'll describe what's next.
This could also be items on the to do list.

With this kind of structure and organization we get more predictable and people know what to expect from the foundation.

Let me know your opinions!

Yes, I'll work out a more structured process flow and will post this for feedback.
We can then hook QB in to this process (as it would already be on step 3 and 4).

I was thinking about how to measure when a coin 'get things going':

• Finished to do list (to do list actions have to be measureable!)
• Approval on code quality from CRF dev's (important one )
• Trade volume > x.xx BTC on one exchange
• Available on X exchanges
• Price atleast 0.00xxxxx BTC
• .... (your input please)

If you've any ideas, feel free to post!

We have successfully passed block 262,500 for Quarkbar, so we will disclose the information about the security problem today at 13:00 (1PM) UTC here: https://bt.irlbtc.com/view/621906.new#new

Forexminute wrote an article about our coin: http://www.forexminute.com/cryptocurrency-news/breaking-news-crf-eliminates-scam-quarkbar-coins-32833

Lacking developers, that coin?

We managed to find back many of the premine coins in Quarkbar and also traced this back to the trading account of the scammer. It turns out he was also connected to the scam of Beecoin and Shacoin. Allcoin has decided to divide the 0.45BTC in frozen assets among the Beecoin, Shacoin and Quarkbar community

Read it all here: https://bt.irlbtc.com/view/621906.msg6948724#msg6948724

I am officially asking the CRF to take over WAS coin we are satoshi. I will donate a few million WAS coin to give incentive to the the CRF to help with this coin. These profits will be able to allow the foundation to help other coins. There is a max of 40 billion coins so I think 50-100SAT is very reasonable.

So it looks like the developer of SYNC coin has to leave and is looking for someone to take it over. If you guys want a big coin here it is. https://bt.irlbtc.com/view/607919.msg7029012#msg7029012

We're getting a lot of request from different coins to take over development, but we cannot accept too many coins of course. For now we want to focus on Quarkbar.

Our main goal is to help coins with strong communities, so we will help other coins in the meantime, but need somebody from the community to take over the responsibility of the management of the coin.

It is easier if I describe what we prefer in a coin (we might deter from this, but it does not help)

COIN REQUIREMENTS
1. NO IPO coins
2. No premine above 1%
3. No scam coins, unless we can scam the scammer out of his scam money
4. Coin must have an active community
5. Coin has more than 1 person that wants to take over responsibility (a team)
6. Coin has special qualities like an innovative algorithm --> scrypt is usually not distinctive enough.

COMMUNITY REQUIREMENTS
1. Get a team together of people that wants to help. If nobody is willing to volunteer, your community is likely just you.
2. Start a community takeover bitcointalk topic (with the account of the main responsible person) where you place all the relevant information about the coin
3. Place a poll on this topic where you ask the community if they accept your takeover --> more than 20 people have to vote and 2/3 has to approve
4. Gather the source code of the coin and create a new github repository for this. (you can add us to the team lateron for coding help)
5. Start a Twitter account and actively promote your coin.

Once you have these two requirements settled we will consider you coin for full adoption. Hopefully it will not even be necessary.

You can always join our IRC if you have any questions:     irc.freenode.net/coinrevival