You have to understand a fundamental principle regarding this coin. There is a difference between asset backing and being able to buy something.

The OP states that there will be silver coins made that can be bought on their website. I assume this means that the coins can be bought with BTC or Credit card. This method is not asset backing. On the other hand, if a coin is asset backed in the proper sense of the words it would mean that there is value that the coins can be exchanged for at a certain rate specified and that rate can be calculated at total value total coins. If is this guaranteed rate that then gives the coin a value.

If the dev's intention is that the silver coins can be bought with BTC or anything non-WBB, this means that the silver coins become just another commodity that can be purchased at whatever the price of that the coin is on the exchange and the coin goes in free float. If the dev quotes the silver coins at a fixed price in WBB without looking at the coin's price in relation to BTC, then it becomes closer to asset backing because whoever pays the WBB as quoted will get a silver coin that they can sell for fiat.

Before anyone jumps up and down with joy about silver coins, let the dev tell everyone how the silver coins will be used to peg the value of WBB.

This is very good to hear. In order to pull it off you will need some deep pockets to finance the silver for the coins or already have a bag of silver in order to make the cashflow work. You seem confident which means that you must have deep pockets then.  

guys spread any hash on our pool

Hi All,

The OP has been updated with the WBB Business plan.
The Business plan is also available as download from: http://wildbeastbitcoin.com/index.php/roadmap
We will also have new graphics and logos once the designer is ready with them.

Further: When our web-shop and auction starts we will accept WBB as payment.

Your WBB Dev

I'm looking for some hash too :-)

hey, good to see you on the pool

thanks for work. but i have ask what the problem you have

Hi All,


The WBB V2 Wallet has been released for windows and can be downloaded from: http://wildbeastbitcoin.com/index.php/wallets/windows-wallet. The MAC Wallet will follow shortly.

This Wallet is in preperation for the coin auction and our webshop.
It also has a brand new look, logo and design.



NOTE: Always backup your Wallet.dat file when upgrading.


Enjoy you WBB Dev

Thanks, the source is the same, its just a new design with added tabs for the upcoming auction and sales.
And don't forget, you will only be able to use WBB on Auction and Webshop.

Your WBB Dev

HI,

No, there are 2 series a year with each 100 silver coins at 1oz each. e.g. for series 1 you have S01-001 to S01-100 and for series 2 you have S02-001 to S02-100.

In total there will be 200 1oz silver coins per year made in 999 fine silver. The minting of series 2 will start already before the series one is sold as there is a lot of work involed and these are unique coins.

Th auction for the coins will be in the wallet for ease of use and the only payment accepted for the collector coins is WBB.

Your WBB Dev