THIS IS THE OLD TOPIC!!
NEW ---> http://www.altcoinstalks.com/index.php?topic=4095.0 [nofollow]Musical Instrument Token - MIT
Musical Instrument Token pre sale announcement by Koen Klijnsmit, CEO of Klijnsmit Guitars.
MIT Uses :n $1.25 and $2.50 per 1 MIT.
-Estimated buyback time : 2.5 years.
-Minimum investment amount : $25 (can send BTC).
-Maximum investment amount : X
-Minimum investment needed : $250.000.
-Total MIT if $250k is raised : 520.000.
-Premine / MIT presale : 50%.
-Mining with GPU and ASIC : 50%.
-Total MIT : Investment amount in $ + 4% = 50% of MIT
($1 = 1 MIT) x 2 = total tokens.
-Total mining time : 20 Years.
-Transactions : 1 minute.
-Confirmations : 7.
-Pre sale live : Jan 1st 2018 - March 1st 2018 (2 months).
-Windows Wallet.
-Android wallet.
-Linux QT Wallet.
-Linux Daemon & Source.
-BlockExplorer.
*The amount in dollar raised in these 2 months + 10k MIT for Klijnsmit Guitars represents 50% of total MIT (Klijnsmit Guitars share of 10.000 MIT is 4% of 250000). For example 250.000 MIT + 10.000 MIT = 260.000 MIT (50%) = 520.000 total MIT.
The minimum amount required for this project is $250.000 but every funding level comes with it`s own properties.
https://docs.google.com/spreadsheets/d/e/2PACX-1vTXzVBddV9_Kx9Img1cpqLqit8FybTrYdCZ_aerIRbUzwMGgRURS4HeIUuGuNboRfVd7HQJmB3IzhBr/pubhtml?gid=916139087&single=true [nofollow]Where does the pre sale value of $1 per 1 MIT come from?MIT comes with a built in value safety net that activates after the guitars of batch 1 are sold (loss protection mechanism) and could also have increasing value tiers :Every Musical instrument token sold in this presale is linked to 1 profit share in a batch of guitars called “Batch 1”.
Every MIT also comes with a profit share of all brand related income during construction and sale time of batch 1, like guitar repair or building classes. Every MIT will also come with profits of rented studio time, band rehearsal space if enough money is raised for a larger space and setup. ANY income during the building and selling of batch 1 under the Klijnsmit Guitars brand is included in the final calculation of batch 1 profits. This ends when the last guitar of batch 1 is sold.
Here's how it works :Klijnsmit Guitars will :1 : Raise a minimum amount of $250.000* by selling MIT at $1 per 1 MIT to grow the brand, increase production, expand marketing efforts, produce high quality promotional materials, upgrade online payment gates, materials and raise build quality and build out the international retail distribution network.
*The more is raised, the larger the material budget will be (56% of raised funds in this MIT presale), the more guitars are built, the larger the profit per share will be. I will offer my apprentice Peter Hyland a paid learning and building position if enough funding is raised, this will reduce build times. I will not be taking a salary until the last guitar of batch 1 is sold.2 : Build a batch of approximately 250 high end guitars (if $250.000 is raised).
https://docs.google.com/spreadsheets/d/e/2PACX-1vTXzVBddV9_Kx9Img1cpqLqit8FybTrYdCZ_aerIRbUzwMGgRURS4HeIUuGuNboRfVd7HQJmB3IzhBr/pubhtml?gid=1337171116&single=true [nofollow]3 : Sell the guitars, calculate the profit (guitar profit plus brand related profits during the building and selling of guitar batch 1, this ends when the last batch 1 guitar is sold.
4 : Offer the MIT buyback program to MIT holders using the newly calculated MIT value (potential batch 2 start = value tier 2).
Klijnsmit guitars will buy back a maximum of 50% of MIT since the other 50% of MIT will be mined. First original investors are offered the buyback, if they decline traders or MIT miners. The value of the other 50% of MIT should come from the MIT side of things.
Anybody that holds the MIT can choose the buyback program after approximately 2.5 years but original investors get 1st right of refusal.If klijnsmit Guitars has to buy the other 50% of MIT (mined tokens) as well the profit shares get diluted and the value safety net would become more like 50 cent instead of $1.25 The value of the mined tokens has to come from MIT`s own power, the real world adoption and daily use.See chapter “buyback program questions” to learn about the relationship between the market value of MIT at the time of the buyback offer and the batch profit value.
Minimum investment scenario :1 : $250.000 is raised = 250.000 MIT sold, Klijnsmit guitars gets 10.000 MIT (10.000 is 4% of 250.000) to stay incentivized to get MIT adopted globally, (MIT is a real world application as well as a financing tool for Klijnsmit Guitars, this takes work next to running Klijnsmit Guitars).
*Even if Klijnsmit Guitars would dump it`s MIT it would not damage the value of MIT because of the value safety net which will always be higher than the original presale price of MIT since guitars are sold with profit, not at a loss. Klijnsmit Guitars will hold it`s MIT long term and disclose what is sold and when.Investors… you are choosing to lose money if you dump MIT lower than $1 per 1 MIT (minimum buyback estimate $1.25).2 : Klijnsmit guitars will use the $250k as collateral with a bank to get a mortgage on a 100 square meter workshop plus small house with work / live zoning permit.A 100k mortgage costs 300 Euro per month in the Netherlands, the cheapest rental space with the same 100m2 (without a house) costs 900 Euro per month. If I also live there I can go hard and build into the night instead of 9-5 and buying is 3 times cheaper than renting. I will calculate per square meter what amount correlates with the house and the workshop.
I will pay the house part of the mortgage out of my own current income and I will not be taking a salary until batch 1 is completed, it`s all about growing the brand for me right now.3 : Sell 250 guitars for a minimum of $1500 = $375.000.
-Investment back $250.000
-Profit $125.000
-Both parties have 50% of the profit = $125.000 : 2 $ 62.500
-Investors ROI + guitar profits $312.500
4 : 1 MIT is now worth $1,25 if all guitars are sold for $1500 (example amount), Klijnsmit Guitars will offer the buy back @ $1,25 per 1 MIT = $0.25 profit per $1 invested for investors.
The MIT buyback program is intended strictly as a value safetynet which brings trust to the MIT pre sale investment opportunity, the goal is that MIT will go to $10 or to $100 or $1000, who knows! We can not allow that the value safety net keeps MIT low.
The deal between Klijnsmit Guitars and investors is complete when all batch 1 guitars are sold, all profits from instruments and income related to the Klijnsmit Guitars brand will go to Klijnsmit Guitars after batch 1 deal is concluded.--------------------------------------------------------------------------------------------------------------------------------
The amount of $1500 per guitar is an average price, investors receive more profit if guitars are sold for a higher price which is likely.Example :Sell 250 guitars @ $2500 = $625.000
Investment back $250.000.
Profit $375.000 : 2 = $187.500
$250.000+ $187.500 = $437.500 back to investors
1 MIT is now worth $1.75 if you sell to the buyback program, target 2.5 years after funds received.
Klijnsmit guitars earns $500 per guitar more on a direct to consumer sale compared to selling to a dealer. The total sales will be a combination of direct to consumer sales and sales to dealers. The profit calculations have been made based on 100% sales to dealers so the total profit can only go up.
The buyback amount of $1.25 per 1 MIT is an example baseline amount based on 100% to dealer sales.
--------------------------------------------------------------------------------------------------------------------------------
Buyback program questions.The buyback will be open 2 months, in this time the original investors are approached first, then the rest. Original investors will receive the email that the buyback is open, It is as simple as sending the MIT to Klijnsmit guitars and mailing the transaction details to verify your identity. Then you will receive the funds in BTC or other preferred method if it's possible like bank transfer or paypal. IF you have sold the MIT on the open market the new owner gets the buy back offer (max 50% of MIT, first come first serve).
Estimated buyback between $1.25 and $2.50 per 1 MIT
What happens if the funds we send in Januari and Februari don't reach $250.000?
-The funds will be sent back to you minus the transaction fees. Klijnsmit guitars is not responsible for the loss in fees. You will receive the funds back in the dollar value that you have sent, not the BTC amount you have sent (anything could happen in 2 months, BTC could go to $7000 or to $17.000, who knows. If you bought $150 of MIT and paid in bitcoin you receive a value of $150 back in bitcoin on the BTC/USD value of the sending day minus the fees.
Of course I hope that the $250.000 is reached and more would be even better because of the extras like more spaces that create revenue and a full time salesperson.
This is the ideal building if $750.000 is raised (with a mortgage € 198.000 k.k.), it has a triple zoning permit, a house, a store and a workspace. :
https://www.fundainbusiness.nl/bedrijfshal/slagharen/object-49039238-herenstraat-78/ [nofollow]
--------------------
What will happen if the value of MIT on the open market is higher than the buy back value at the start of the buyback program?
-Selling on the open market at this time means profit for original investors.
--------------------
What will happen if the value of MIT on the open market is lower than the buy back value at the start of the buyback program?
-Selling to the buyback program at this time means profit for original investors.
--------------------
The buyback program is strictly intended as a value safetynet so investors can trust the investment proposal, hopefully the tokens will perform beyond the buyback value and the MIT will get a life of it's own and soar to $100 and beyond based on the real world adoption and daily use in the musical instrument and related product markets.
The first way the buyback value safetynet can fail is if the guitars are sold at a loss (less than material and operational costs). The build quality will be that of an $2500 instrument, some Klijnsmit Guitars models go up to $3500 retail.
The buyback safetynet can not fail if investors start dumping for less that $1 because new buyers get the buy back offer, which makes no sense because the buyback offer is estimated at a minimum of $1,25 per 1 MIT.
It does not matter how many mined coins come onto the market because original investors get the buyback offer before the MIT trader and miners and only 50% of total MIT will be bought back.
What will happen to the initial ROI amount of $250.000 + 50% of guitar batch 1 profits if nobody chooses the buy back program because MIT is worth more on the open market at the time of the buyback offer?
The original investment in $ + the profit share associated with batch 1 becomes the property of Klijnsmit Guitars indefinitely if
the original investors and MIT holders, traders and miners decline the one time buy back offer (with a maximum buy back offer of 50% of total MIT).
MIT higher value on the open market scenario, everybody still wins.
*See chapter “Terms / disclaimers” for a more detailed explanation.
--------------------------------------------------------------------------------------------------------------------------------
MIT could have increasing value tiers (if people accept the buy back program of batch 1).
MIT value tiers come from being linked to Klijnsmit Guitars and the growing market value of MIT based on real word adoption.
The production target is 4 tiers in 8 years, each with a value increase and heightened value baseline (buyback value increases with the tiers). The target is 2 years maximum building and selling time per batch, but batch 2 will start sooner if all instruments are sold sooner, Investors can help this process by sharing the promotional materials on their social media.
If for example the MIT presale raises 2 million dollar Klijnsmit guitars can instantly hire multiple builders, this will decrease building times significantly and shorten tier times. A funding greater than $250.000 would also allow a full time marketing employee who studied years for it, this will dramatically help with guitar sales and shorten tier times. I`m a master builder not a sales genius...
The raised amount determines everything here, MIT will have a larger operational budget if more is raised, more marketing funds, etc.
The MIT presale amount determines how big Klijnsmit Guitars and MIT will become and how fast the building and selling of batch 1 goes.
Tier 1 :
1 : Klijnsmit Guitars has spent $140.000 on materials if $250.000 was raised .
2 : Klijnsmit Guitars made high quality instruments with the $140.000 and sold them.
3: That results in the 250k back + $62.500 profit for investors (+ brand related income).
4: Klijnsmit guitars starts the buyback offer* with new MIT value based on batch 1 profit.
*Investors will accept of reject the buyback offer depending on market value of MIT at the time of the buyback offer.
Tier 2 :
1 : Batch 1 is concluded successfully, this took approximately 2.5 years but hopefully less (tier 1 has the one time setup of the space).
-Klijnsmit guitars has now delivered and will grow, hire people, batch 2 will raise more money than batch 1, build and sell more guitars in year 3 and 4 due to the reputation that will be built up by shipping high quality instruments for affordable prices and marketing efforts + symbiotic relationship with MIT exposure.
2 : Batch 2 presale is announced, but only if the value of MIT on the open market is the same or lower that the newly calculated value of MIT based on the profit of batch 1*.
*nobody will sell MIT to Klijnsmit Guitars in the buyback program if MIT is $5 per 1 MIT on the open market at the time of the buyback offer and the newly calculated value of MIT comes to $3.50 based on the profit of batch 1 (Klijnsmit Guitars would not have any MIT to sell in batch 2 in this scenario).
3 : Klijnsmit Guitars will offer the MIT it has purchased from investors in the buyback program of batch 1 back for sale in Batch 2 if The value of MIT is the same or lower than the newly calculated value of MIT at the time of the buyback offer.
Example scenario :
-Batch 1 = 1 MIT costs $1 .
-Batch 1 buyback for $1.5 per 1 MIT (investors made 50% profit).
-Announce Batch 2, Klijnsmit Guitars offers the MIT it has bought in the buyback program of batch 1 for $3 in batch 2*. This means $3 is now the new stable value baseline of MIT.
*Why does batch 2 cost $3 per 1 MIT when Klijnsmit Guitar has just bought it back for $1.5 in the batch 1 buy back program?
-Batch 2 MIT is a new investment proposition.
-A higher amount will be raised in Batch 2 because Klijnsmit Guitars has proven it has the ability to deliver and a reputation has been built up. Raising a higher amount in batch 2 means a larger material budget so the total instruments built is much higher , that means that the profit % on batch 2 is larger than the profit on batch 1.
It all depends on the relationship between the buyback value and open market value of MIT.
--------------------------------------------------------------------------------------------------------------------------------
All MIT holders can request a dealership licence from Klijnsmit Guitars
-Lifetime official dealership licence to buy Klijnsmit Guitars instruments at dealer price (retail -$500) to keep for yourself or to resell at full retail (you get to keep 100% of the profit of your sale but it can not be higher than the global retail price for that model, every dealer must report final sale price back to Klijnsmit Guitars for analytics.
MIT investors that resell Klijnsmit Guitars instruments will receive the difference between dealer price and retail (roughly $500 profit per guitar) as well as the profit associated with holding the MIT (batch 1 profits), so weirdly enough MIT holders that sell instruments from Klijnsmit guitars are getting paid twice on 1 guitar.
MIT presale investors get certain advantages* :
*Only the original presale investors get the following advantages, not MIT traders who Buy MIT from original investors or other traders or miners, these privileges are linked to the email address provided confidentially by the original investor.
-First in line for the buyback program, you will be contacted via email.
Do not post your email address on this thread, or a new MIT trader could pose as an original investor and claim the associated privileges.
Klijnsmit Guitars will offer to buy back MIT from investors after the last guitar of batch 1 has been sold and final profits are calculated. Only the sold pre sale amount of MIT will be bought back = 50% of total MIT.
Original investors that never sold their MIT holdings on the open market (or sold and bought back in time) will get the first opportunity to sell MIT to the buyback program, you will be contacted on the email address you provided. When the original investors reject the buyback offer or fail to reply to the email the available batch 1 ROI + profits will be offered to MIT traders who hold MIT. If those traders refuse the buyback offer the funds revert back to Klijnsmit Guitars indefinitely.
-First in line if equity in Klijnsmit Guitars is ever offered (this requires that you register your real name in The Netherlands as shareholder in a Dutch company).
-There will be a lottery* where 1 original investor per $50.000 invested in this MIT pre sal wins a full custom guitar if $250.000 funding is reached (any Klijnsmit Guitars model, any legal and obtainable wood species and stain color, any hardware color, custom pickups, ABS hardcase, free shipping, the works!).
The winners can also choose any guitar from batch 1 instead of a custom build.
*The winners will be drawn with an online random number generator on a livestream on social media.
I will also give away the last Dutch Luthier guitar in the world with genuine Fender custom shop pickups, gotoh tuners, hand finished with Tru oil ) relic. Dutch Luthier rebranded to Klijnsmit Guitars.
Movie with this guitar :
-First in line as investors for a future legal dutch cannabis growing operation (multi million dollar profit per year operation). Biocann is the IP protected brand of Koen Klijnsmit:
https://register.boip.int/bmbonline/details/trademark/show.do?markNumberType=REG&markNumber=1019336&markID=3814710 [nofollow]
I have spoken to a representative of a mayor of Rotterdam and the politician Vera Bergkamp who introduced the new Dutch cannabis bill “Wet gesloten coffeeshopketen” meaning “law Closed Coffeeshopchain” which legalizes growing. Biocann will dwarf Klijnsmit Guitars in revenue but guitar building is my true passion. This will be a Biocann token pre sale where MIT investors get their own lower price than new investors. The Biocann token will represent a profit share in legal Dutch cannabis. This ICO will only go live after I have obtained a legal growing permit.
.
http://www.biocann.org/ [nofollow]
--------------------------------------------------------------------------------------------------------------------------------
Terms / disclaimers (you agree to all terms in this entire document by investing) :
-Kliijnsmit Guitars and MIT and all related features of both brands are the intellectual property of Koen Klijnsmit.
-This investment proposition is about a deal between Koen Klijnsmit of Klijnsmit Guitars and original MIT pre sale investors where a digital token named MIT* (Musical Instrument Token) is offered for $1 per 1 MIT.
-The term "investors" refers to original investors in this MIT pre sale.
-Owning a musical instrument token is a proof of owning an investment plus a profit share in a batch of guitars called “Batch 1” within a guitar building project of Klijnsmit Guitars.
*Pronounced “mit” or “Em-aai-tee” or simply “musical instrument token”
-MIT is geared towards musical instrument markets and related products.
-MIT a digital token, MIT is not money, MIT is an asset that holds value.
-Batch 1 consists of all the instruments that can be built with the budgeted material amount of 56% of raised $ in this presale ($140.000 for materials if $250.000 is raised).
-All profits from all Klijnsmit Guitars brand related income during the building and selling of Batch 1 are included in the profit share represented by 1 MIT, such as guitar repairs and building classes, this ends when the last guitar made with the material budget of batch 1 is sold. The final calculation will be made when the budgeted amount of $140.000 for materials has been spent (56% of raised $ in this presale will be spent materials), and batch 1 instruments are made and sold.
-Original investors can trade MIT anonymously on exchanges during the building and selling of the guitars at their own risk and still participate in the buyback program if you have MIT at the time of the buyback offer.
-Original investors, traders, miners and holders of MIT forfeit the profit share associated with owning MIT by selling their MIT on the open market or to private sellers or to the buyback program (you can't profit from what you don`t have)).
-Klijnsmit Guitars and Koen Klijnsmit are not responsible in any way for the open market fluctuations and value of MIT. The value of MIT is determined by bid / ask dynamics on the open market (trading platforms).
-The buyback program (value safetynet) gets activated after the guitars are sold and the original investment plus 50% of the profit of batch 1 is reserved in the value safety net bank account.
-Klijnsmit guitars will buy back a maximum of 50% of MIT since the other 50% of MIT will be mined, if klijnsmit Guitars has to buy the other 50% as well the profit shares get diluted to 50% of original value. Klijnsmit Guitars will buy back a maximum of 250.000 MIT if the presale was 250.000 MIT, regardless of how much MIT has been mined. Original investors get the buyback offer before others.
-Purchased MIT in the pre sale does not come with equity in Klijnsmit Guitars.
-Klijnsmit Guitars will publicly disclose what materials have been purchased with the budgeted amount of $140.000 for materials, what instrument are being made with it, when they are finished and what the profit was on the sale, total batch profit, etc. This data is updated real time in the Google sheets files found in post 2 of this thread.
-Original investors get to keep the privileges that come with investing in this MIT presale if you sell their MIT on the open market, for example you get to keep the dealership licence and first in line at the Biocann investment opportunity.
-MIT traders that bought MIT from original investors or from other MIT traders also receive the some of the privileges associated with this original MIT presale. Any MIT holder can get a Klijnsmit guitar dealership licence and make profit on the guitars you buy at dealer price and sell at full retail.
-Value tier timelines are targets, not guarantees.
-Klijnsmit Guitars guarantees the completion of Batch 1 but is not obligated to offer batch 2 when batch 1 is successfully concluded.
-Guitar building times are very predictable and the high quality is guaranteed but guitar sales are not guaranteed.
You can help speed up the batch sales by promoting the brand and sharing content. Selling faster means a faster ROI + faster profits for investors!
-The deal between Klijnsmit guitars and the investors ends when the last instrument built from the budgeted amount is sold (56% of total raised $ in MIT presale), all other revenues under the Klijnsmit Guitars brand stop at this time as well.
-Investors do not receive profits from instruments that Klijnsmit Guitars builds after the deal between Klijnsmit Guitars and MIT investors is concluded (batch 1 deal expires after the last guitar of batch 1 is sold).
-The buyback program is strictly intended as a value safetynet so investors can trust the investment proposal. Hopefully the tokens will perform far beyond the buyback value.
We can't let the value safetynet of the buyback program limit the growth of MIT and keep the value low at $1!
-The original investment in $ + the profit share associated with batch 1 becomes the property of Klijnsmit Guitars indefinitely if 100% of MIT holders decline the buyback offer.
Klijnsmit Guitars will make $62.500 on 2 years of building batch 1 and arranging and managing the MIT project (2 projects simultaneously). This amount of $62.500 is not great since the Ultracoin IPO I founded in 2014 raised $65000 in 14 hours, was sold out and 0 cent had to be given back to investors unlike MIT. (more about Ultracoin in chapter “My crypto background”).
The only way for Klijnsmit Guitars to profit of the rise of MIT from $1 to $10 (while being the driving force behind it) is buying MIT on the open market with my personal money or dumping the Klijnsmit guitars holding of 4% of pre sale amount (10.000 MIT if $250k is raised).
The buyback is an exit strategy just like selling on the open market, the investor chooses and accepts the open market value as profit if the investor declines the one time buy back offer (original investment back+profit). Every batch only has 1 buy back offer at the end.
It is not the problem of Koen Klijnsmit or Klijnsmit Guitars if the investor declines the buyback offer of $1.5 per $1 invested (50% profit) because 1 MIT is $3 on the open market at that time, but the investor chooses not sell and hold their MIT in the hopes of a higher sale price and the open market value suddenly drops to $1.2. Then you should have sold at $3, you can not mail Klijnsmit Guitars months after declining $1.5 per 1 MIT and try to get that deal again, gone = gone.
----------------------------------------------------------------------------------------------------------------------------
When do the MIT pre sale investors receive their MIT?
The presale is live during January and February 2018, March 1st is the finalization date.
The amount of dollar raised will determine the total amount of MIT (Investment amount in $ + 4% x 2 = 100% of MIT), that is why I do not know at this time what it will be. The developer is currently on standby and ready to execute at any time.
The tokens will be completed on 14-2-2018, then I will run tests for 1 week and distribute the wallets via download on this in post 2 of this thread.
The wallets will be distributed to original investors on March 21th 2018.
The public wallet download link will be published on March 22th 2017.
Klijnsmit Guitars will mail the original investors on their provided confidential email address to ask for their MIT wallet address.
Do not contact klijnsmit Guitars saying that you are an original investor, your mail will be deleted without opening (scammers).
Klijnsmit guitars will ask the exact amount you have invested + BTC address in the email you get to verify your identity, then your MIT will be sent.
--------------------------------------------------------------------------------------------------------------------------------
How can you (the investor) help the project?
-Promote Klijnsmit Guitars on your social media to sell faster, earn quicker (help make a buzz around the brand).
-Share Klijnsmit Guitars content (share youtube videos, facebook, instagram, twitter posts).
-Tell guitar player friends and family about it.
--------------------------------------------------------------------------------------------------------------------------------
Guitar building experience.
I have 15 years guitar building experience, I have been developing proprietary guitar models and production techniques for roughly $40.000. I have spent the last 10 years time focusing on learning things and building a model portfolio, not on production and sales, but now I am ready to roll out full production.
Time to stop learning and start earning!
I have done wood and furniture college.
I have build instruments like electric guitar, acoustic guitar, carbon fiber + wooden acoustic guitar, acoustic bass guitar, electric upright bass, violin and wine box guitar. I singlehandedly was 100% of the guitar repair department of the largest music store in The Netherlands at that time (Formerly called Feedback Rotterdam, now called Keymusic).
I have a small room in my house where I build guitars, not suitable to make real money in due to many bottlenecks. The room has 3 square meters walking surface and I need at least 100 square meters. I currently don't have the capacity for sensible volumes. Klijnsmit guitars will use the investment als collateral to buy a house with workshop building on a mortgage, so we won't be buying a building from the investment. I will be paying the house part of the mortgage out of my own pocket. I am willing to relocate to anywhere in The Netherlands to get the best space for the price, even the middle of nowhere.
Guitar building needs a lot of space, tooling and materials to do it the right way.
How do you build up a brand the right way?
By crafting amazing quality instruments and get them to the people.
This takes time, you have to get the guitars into a retail environment so people can test them freely in a music store of an established brand in their own local area (people don't buy guitars online from an reasonably unknown brand, you want to play, test, hear and feel the instrument). You need to make amazing high quality promotional materials with great guitar players for direct to consumer online marketing like videos with songs, a band performing with the guitar, a jamsession, a 3d model of the guitar model on the website that you can rotate with the mouse, etc. People also buy with their eyes!
I currently have 3 square meters walking surface, that means I have to set up per individual operation. I am talking about 10 minutes setup time for a 5 minute operation and a 10 minute cleanup. When I was 20 years old (13 years ago) on wood and furniture college I could make a guitar neck in a few hour (space, tooling and materials), now it takes days.
The right way of doing things is with workstations that are available at all times, drill over here, route over here, varnish in a separate cleanroom (when I varnish in my tiny room I can no longer make wood dust (no drilling, routing, cutting), this is a huge bottleneck -_-). Doing it the right way simply takes a lot of floor surface that I currently don't have. Every company in the word has workstations that are always accessible but I don't have the space or money to rent the 100m2 space for 900 euro per month .
I need resources, please invest and allow me to do what I do best….build guitars.
--------------------------------------------------------------------------------------------------------------------------------
The Klijnsmit Guitars plan of attack after the MIT presale (if it`s a success) :
Day 1:
-Hire a web developer (friend) to integrate better payment gates into the website (currently paypal only) and commission a developer for an online 3d guitar customiser on the Klijnsmit Guitars website with order and payment capabilities (http://www.klijnsmitguitars.com [nofollow]/).
-Get the building with mortgage, move, hopefully 2 months or less have passed.
---------------
-Buy and order materials, build the interior of the building (make workshop rooms, tables, machines, dust extraction system, storage + drying racks for wood, etc), hopefully 6 months or less have passed.
-Build guitar batch 1 with $140.000 of materials (if $250.000 is raised) until the materials are gone (approximately 250 units, different models).
-Make promotional materials with amazing guitar players on the new guitars (videos, songs, social media teasers), distribute on facebook, instagram, twitter and others.
I will ask Mark lettieri to choose one of the guitars for free for feedback and promotional purposes, he has already tested and liked the Klijnsmit Guitars “Hybrid” model in 2015 :
https://www.youtube.com/watch?v=BwtUJfN9SaE [nofollow]
I also have a great producer friend Jake P Morelli who is the Husband of Donn T, a great singer and artist who is the sister of Questlove of the Roots. I will also send a guitar to Jake for feedback and marketing purposes. Many musicians and artists visit his studio so that is good exposure.
I will also approach others that I don't know and give instruments to them Like Andy McKee or Don Ross. We are talking about $3000 total in materials for 4 instruments against a tremendous potential gain.
There could be an instrument database where professional musicians with exposure can loan and switch instruments for another (or buy them if they don't want to give it back).
-Build the retail distribution network initially targeting The Netherlands, Belgium, Luxembourg Germany, the UK and the USA, Klijnsmit guitars will also sell and ship to anywhere in the world of course.
-Sell the batch 1 guitars, hopefully 2.5 years or less has passed.
-Announces the batch 2 MIT resale (resell the MIT from the batch 1 buyback).
-------------------------------------------------------------------------------------------------
Unfortunately I can not distribute the Klijnsmit Guitars business plan to investors since an investor could sell their MIT holdings one day after buying them and publish my strategies, I`m a nice guy but I won't be helping the other guitar builders to my tactics and proprietary information and technology that took 15 years to complete with food out of my mouth.
The basic formula for Klijnsmit Guitars is selling high quality hand made instruments for the price of a factory cookie cutter model from an A brand.
---------------------------------------------------------------------------------------------------------------------------
The MIT plan of attack after the investment :
MIT operational budget = 8% of raised funds in MIT presale = $20.000 if $250.000 is raised. This budget will be used to pay developers, make websites, apps, etc.
-Get MIT on exchanges (it`s difficult now since the tokens are not made yet because of the open total).
You can help this process by mailing exchanges frequently to tell them you wish to trade MIT on their exchange.
Exchanges to contact : https://cryptocoincharts.info/markets/info [nofollow][/i]
-I Found an Apple developer to make the Apple OS wallet, it costs $5000.
-Make user friendly MIT desktop mining software.
-Get MIT mining pools made.
-Contact music retail to increase MIT world adoption, try to get it accepted on their websites.
-Contact statistics websites to get added like https://www.coinwarz.com [nofollow]
-Try to get MIT mined on https://www.nicehash.com [nofollow]
Please comment to this thread if you are enthusiastic about MIT and Klijnsmit Guitars and you feel like you can help the MIT project, and you will be welcome to the international online MIT team (unpaid positions unless dev jobs are done).
--------------------------------------------------------------------------------------------------------------------------------
My crypto background :
Ultracoin :
I was the founder of Ultracoin cryptocurrency (UTC) in 2014, the IPO raised $65.000 in 14 hours and was completely sold out with the double demand. I suspect it happened because people thought UTC would go on btc-e where I was a chatmod at that time, this was never implied by me. Most of the IPO was stolen by fairweather friends. My “share” of the IPO of approximately $16.000 was invested into scrypt asic miners so the project would have a monthly income instead of spending it once and be gone, sadly those machine never came (alphatech and flowertech although alphatech shows signs of life after 3y).
I paid them 27 bitcoins, which would now be more than $400.000, OUCH! -_-
But you would not have this MIT pre sale investment opportunity ifIi did that because I would have self funded Klijnsmit Guitars and now others can profit from MIT and Klijnsmit Guitars as well! ^_^
The ultracoin project had around 5 founders which all had 100k UTC, they all promised not to sell but dumped on day one, I estimate that each of them made between $60.000 and $100.000, I could not sell because I was left to manage the coin by myself as founder, If i dumped it would be like a pilot taking the only parachute if the plane is on fire. 1 guy bought the domain and made $60.000, when I asked $5.000 for guitars I never heard from him again.
I went to Sweden as an expert speaker on The Swedish Bitcoin Conference 2014 because ultracoin sent money in 6 seconds globally, and that was the fastest cryptocurrency in the world at that time.
When they abandoned me other people later stepped in and helped and made amazing software (from my memory DCgirl, not sure) but we could not work well together although they were very talented. Theultracoin project management was then acquired by investors in 2014 for around $2000.
BTC-E :
I was a chat moderator on the cryptocurrency trading website btc-e.com in 2014. I read on a Dutch news website www.nu.nl [nofollow] that the owner was allegedly behind the Mt Gox hack and allegedly distributed the stolen BTC amongst btc-e clients, I never spoke to any owners when I was a chat mod, I just talked to middlemen sometimes to unban somebody. I became a chat mod after mailing them to ask, it was unpaid moderation to them. That site or the FBI is still holding 600k of my friend that was supposed to be used for the Biocann legal cannabis investment opportunity I spoke of earlier. ;(
-------------------------------------------------------------------------------------------------
I am one of the losers from 2014, it was such a hurtful experience that I quit crypto untill now.
:
-Missed $100k because I didn't dump my own ultracoin stash on people on day one because I'm the project manager and that is like a pilot taking the only parachute if the engine is on fire.
Lesson : Beware of fair weather friends (5 team managers said, we won't dump and we will share responsibilities, they all dumped on day 1 and left the management to me alone and made huge profits.
Lesson : My morality is worth one hundred thousand dollar (UTC was 1 dollar on day one, 5 or 6 people had 100k UTC from the premine, i did not dump.
1 guy thought I was the mastermind behind the Ultracoin mess and was making a documentary about it for the Cannes film festival!! WTF, ikr, I talked to him and explained how I was scammed and abandoned and he understood and aborted the documentary.
------------------
-Mined 130 LTC with 1 gpu, traded it up to 330 LTC, sold it on 9 dollar, rebought at $48 (the peak, collapsed until now, 3 years later), dumped again at like $2 in 2014 (now $90). = 30k missed.
Lesson : never panic dump.
------
Bought scrypt asics from ultracoin IPO that never came. 27 BTC (5600GBP at that time) = $300.000 at current value missed.
Lesson : never buy a pre order product, leave bitcoin alone for 10 years, Winkelvoss bought $1M, now biljonairs!.
Total missed profits for me from 2014 to now $400.000
I am living on 14.500 Euro per year -_-
With so many losses I am now extremely driven to succeed with MIT and Klijnsmit Guitars!
Please allow me to do that by investing.
--------------------------------------------------------------------------------------------------------------------------------
Klijnsmit Guitars model portfolio :
Hybrid -Dealer $2100 - Retail $2600 / Carbon fiber and wood / nylon and steel string.
“The clarity and sustain of carbon fiber with the warmth and character of wood.”
There are many videos of this model on the Klijnsmit Guitars channel if you scroll down a bit (not a single bad review in the test with many guitar players and Mark Lettieri) :
www.youtube.com/channel/UCmACzbf34JfCJU0yXV6mDMQ/videos?view_as=subscriber&shelf_id=0&view=0&sort=dd [nofollow]
$30.000 invested in the Hybrid model.
Specs :
-Proprietary carbon fiber / fiberglass unibody, the back, sides, neck and head are all 1 laminated component for superior sustain.
-Cedar or Spruce soundboard (spruce more brightness, cedar more warmth)
-Proprietary 0.6mm carbon fiber bracings
-2 soundports (1 per ear), 1 soundhole.
-Nylon or steel string.
-21 or 24 frets.
-Nickel or brass plated tuners.
-Trussrod.
---------------------------------------------------------------------------
Electro X and Electro XT / Dealer price $1750 - Retail $2250
Electro X
Electro XT
Specs :
-Default body furniture grade mahogany / Custom neck wood possible.
-Custom top.
-Default neck maple / Custom neck wood possible.
-Default fretboard ebony / Custom wood possible.
-Default bridge Fender hardtail black nickel.
-Default tuners Gotoh, oiled.
-Default nut Graphtech self lubricating technology.
-Default fretwire Jumbo / Stainless steel fretwire +50 Euro).
---------------------------------------------------------------------------
There will also be an Electro B, a fretted and fretless version bass guitar model based on the Electro line (same body, but larger).
---------------------------------------------------------------------------
Model T budget / Dealer $750 - Retail $1050.
https://www.youtube.com/watch?v=78noEkAjz3U [nofollow]
Budget instrument with prefab body.
---------------------------------------------------------------------------
High end Model T / Dealer $1750 - Retail $2250
Same model as Model T budget but with premium quality woods and materials, flamed or quilted maple top, koa, walnut etc like Electro line.
---------------------------------------------------------------------------
Winebox guitar / Base model Dealer $350 / Retail $550.
Specs :
-Authentic solid wood winebox guitar.
-25.5 inch (648 mm) scale length.
-Pine neck.
-Ebony fretboard (no more rosewood, thank CITES).
-Real mother of pearl fret dots.
-Jumbo fretwire (stainless + 50 Euro).
-Metal bridge with adjustable height and intonation (grounded bridge).
-Real bone nut.
-Real wooden veneer on the headstock.
-3 Metal tuners (3 Gotoh tuners + 25 Euro).
-Hand finished with Tru oil, 1 layer per day.
-Standard tuning G - D - G (Use the A + D + G string from an electronic.
-Laser engraved personalised wooden inlay (max 38 x 38 Millimeter).
Klijnsmit Guitars Wine box Guitar movie with my apprentice Peter Hyland :
https://www.youtube.com/watch?v=E_Luab6hWFQ [nofollow]
Every Klijnsmit Guitars model can also come in a deluxe version which comes with non default features like a personalized laser engraved picture or message. The deluxe model comes with bindings, more expensive hardware like pickups and bridge. Every deluxe guitar is unique and will only be built once in that exact configuration, for example a samurai or space theme guitar.
Some other builds :
Budget “Model T” 50`s relic guitar, Klijnsmit Guitars was formerly known as Dutch Luthier but now rebranded. This was $550 + $100 shipping. This brand new guitar looks like it's from 1950 and this is also how every Klijnsmit Guitar is shipped (ABS hardshell case with extra items inside cardboard box).
The man, the legend Steve E on the custom build “Model T” Klijnsmit Guitars 50`s relic, formerly known as Dutch Luthier.
Here is his masterpiece song Crazy (not recorded on this guitar).
https://soundcloud.com/steve-e-2/crazy-tunecore-master [nofollow]
Budget “Model T”, Fender USA custom shop pickups, Gotoh tuners. I still have this because this is the last Dutch Luthier guitar in the world. I will give this to a winner if $250.000 is raised.
Custom ordered “Wine box” guitar with personalised laser engraved message.
Happy customer :
Klijnsmit Guitars will be using woods like this if this MIT presale is a succes, 5A quality Quilted maple top and flamed walnut neck blank
Why haven't I heard of this brand?
I live on 75% minimum wage of a 23 year old (i'm 33), 970 Euro per month. I literally have to stop building for 3 weeks because I don`t have 9 dollar for glue. This has been going on for 10 years now. When I sell a guitar I have to take the money out of Klijnsmit Guitars like a $500 dentist bill.
You are killing the growth of the brand if you take the money out and don't build new instruments from it if (1 cost 500, sell @ 1500, make 3 new, make 9 etc). I literally have had times where I had to stop the guitar building for 8 months because I needed a $300 machine. Still I have put in around $40.000 on this welfare, food out of my mouth, 10 years no vacation, no clothing, every cent into guitar building. This madness has to end now, I need resources.
Even a seed with great genetics will bear no fruit without sun, water and nutrients.
The resources i need are space, tooling and materials...
If I can make the instruments on all the pictures on this thread and the instagram below on a nickel & dime budget, imagine what I can do if the MIT investors allow me to go hard.
--------------------------------------------------------------------------------------------------------------------------------
Expenses if $250.000 is raised (some expenses are fixed, others are % based on total raised $ in MIT presale) :
Fixed MIT initial developer + apps + android wallet : $ 5.000
3.2% Building mortgage 2 years (333,33pm) : $ 8.000
4% Building interior (sheetrock walls, tables, etc) : $ 10.000
12% Machines + dust extraction system : $ 30.000
56% Materials budget (wood, guitar hardware, glue) : $140.000
4% Marketing : $ 10.000
Fixed Website payment gate overhaul : $ 2.000
Fixed Online 3d guitar customiser : $ 5.000
8% MIT promotion and operation (MIT node = 600p/y) : $ 20.000
8% Klijnsmit Guitars operational budget : $ 20.000 +
-------------------
Raised : $250.000
I will actively seek MIT team members so I can focus on building batch 1. I will manage MIT myself until we find a person who is responsible and passionate about crypto and I will try get it on exchanges like I did with ultracoin. The goal is to get MIT accepted by music related retail and private sellers and buyers in the online second hand markets. --------------------------------------------------------------------------------------------------------------------------------
Investment options :
You claim MIT by sending funds In dollar, Euro or BTC and replying to this forum thread in the designated format.
1 : Send Dollar or Euro to the Dutch Bank account (cheapest investment option for Europeans who transfer Euro with IBAN bank to bank transfer).
Bank account name : K.M Klijnsmit
IBAN Bank account number : NL37ABNA0515119946
BIC / SWIFT : ABNANL2A
------------------------------------------------------------
2 : Send BTC to Klijnsmit Guitars directly on this address :
1PZB83wcgLifHfW3tGcd2ezAWfLdEv2Gu2
-Send any amount of BTC you like, the fee will be paid by the investor.
-The BTC amount Klijnsmit Guitars receives will be sold to https://bitonic.nl/en/ [nofollow] on the same day of receiving and a calculation will be made how many dollar that is with the EUR/USD value of that day on Google by typing “euro usd”.
-The dollar amount determines how many MIT Klijnsmit Guitars will send you ($1 per 1 MIT).
------------------------------------------------------------
3 : Sell BTC to https://bitonic.nl [nofollow]/ (has a verification process) or another website and fill in the Dutch bank account number of Klijnsmit Guitars as the recipient, all fees are for the investor.
Bank account name : K.M Klijnsmit
IBAN Bank account number : NL37ABNA0515119946
BIC / SWIFT : ABNANL2A
A calculation will be made of how many dollar the received Euro is with the EUR/USD value of that day on Google by typing “euro usd”. This determines how many MIT Klijnsmit Guitars will send you ($1 per 1 MIT).
-No paypal (chargeback scams).
Investors who claim MIT please respond on this thread in this format :
Name :
Gross MIT amount claimed :
Investment method :
Amount sent :
Message :
I will PM you on bitcointalk to ask your email address which will remain confidential.
Do not post your email address on this thread, or a new MIT trader could pose as an original investor and claim the associated privileges.
The investors sheets file will be public, use a nickname in your forum post if you want to be anonymous.
Public MIT investors sheets file (data collected from received funds and extracted from forum posts) :
https://docs.google.com/spreadsheets/d/e/2PACX-1vTXzVBddV9_Kx9Img1cpqLqit8FybTrYdCZ_aerIRbUzwMGgRURS4HeIUuGuNboRfVd7HQJmB3IzhBr/pubhtml?gid=0&single=true [nofollow]
I will then PM you for your email address for future correspondence about the MIT project and about the progress of batch 1.
Only respond to this thread in this format if you have sent the funds.
Example :
Name : Billy The Whopper.
Gross MIT amount claimed : 1000.
Investment method : 2 : BTC transfer
Amount sent : 0.1 BTC
Message : MIT 2 da MOON! ^_^
Do not post your email address on this thread, or a new MIT trader could pose as an original investor and claim the associated privileges.
--------------------------------------------------------------------------------------------------------------------------------
Now you know about the Klijnsmit Guitars brand, about the MIT investment proposal and about me and what I've been doing for the last 15 years and about what I am going to do with this investment.
Guitar building is what I do, it's who I am, but I need resources to blow up the brand in a big way.
Please consider investing, feel free to ask questions, serious investors only, no trolling.
THE PRESALE IS NOT LIVE. ( LIVE 1-1-2018)
CLAIM YOUR MIT BY SENDING THE PAYMENT AND REPLY TO THIS THREAD WITH THE DESIGNATED FORMAT.
The pre sale is during January and February 2018, March 1st is the finalization date.
Thank you for reading, please consider investing.
Koen Klijnsmit.
CEO Klijnsmit Guitars.
It`s complicated to invent a digital value token with actual world use case and benefits to get funding for wood that keeps growing on trees and space (the most abundant thing in the universe)?
Sharing is caring!
The people at the top should share the resources of the world and society will evolve much further and faster, The queen of England owns 1/6th of the earth surface and I am too poor to get 100 square meters with 10 years struggling but this a completely different discussion. ^_^
Please invest.
Social Media (100% organic growth).
https://www.linkedin.com/in/koenklijnsmit/ [nofollow]
http://www.klijnsmitguitars.com/ [nofollow]
https://www.instagram.com/klijnsmitguitars/ [nofollow]
https://twitter.com/KlijnsmitGuitar [nofollow]
https://www.facebook.com/KlijnsmitGuitars/ [nofollow]
https://www.facebook.com/groups/guitarbuilderscommunity [nofollow]
--------------------------------------------------------------------------------------------------------------------------------
Latest news: 
. 
. 
. 
. 
. 
. 
Shop
Topic: [ANN][pre ITO] MIT presale / Musical Instrument Token - With value safetynet (Read 1425 times)