wow

Just did some research. I'm conviced..in fact i just got off the phone with one of their devs. Their phone number is on the website. OK maybe short term the price is pretty high. But they are able to pull this off this coin will go sky high. Seems to me this is the first time a currency is actually backed up by a real company.

 Also checked https://twitter.com/bitsendnl/status/494077779269672960 to confirm it is infact a project by Bitsend. Just invested 1 BTC myself. GL to all investors

Proof or gtfo.

Why always so much hate on this forums... -_-

https://blockchain.info/address/198LULFAAUMaWRqTZZEDUwAjXEPCii8ePx

This is one of the first problems we encountered aswell. To prevent what we call "GPS Spoofing" we use a system called a-GPS where a users location is verified using cell towers and GPRS nearby. If we happened to know the general location of cell towers, we can check to see if the current cell tower matches the location given (within an error margin of something large, like 10 or more miles). For example, if our app unlocks checkcoins if the user is in a specific location (your store, for example), we could check GPS, GPRS as well as cell towers. Currently, no GPS spoofing app also spoofs the cell towers, so we could easily see if someone across the country is simply trying to spoof their way into a checkpoint.

Yes. We are already working with multiple parties who have succesfully used these technologies. Part of our IPO will enable us to implement these technologies into our current software.

We have not set any minimum amount for our investors. You should be able to invest less then 1 BTC if you wish to do so.

Just save the PDF on your computer and save it from there. That's what I did.

Or you could try a comma ( , )?

I'm sure they will understand what you meant. :p

Edit: Maybe this is something for the FAQ?

5600btc lol what a joke should be a 56btc ipo

Lol, it could certainly make for some interesting challenges.