Rainbow Currency Webinar Recap
November 22, 2017
Presented by: Dan Settgast
Here we go!
Today, I want to explain to you our 2-Wallet System, and the procedure for setting up your wallets correctly.
Before we start, let me share with you why this all seems to be so complicated, and why it all needs more time than expected.
The first, and most important thing for us (when I say “us” I mean the Co-Founders, the Founding Members—the whole Team), is your privacy and your security. You know that we have been overwhelmed by the success of our ICO. With more than 7,000 backers owning 35 billion Twinkles, that means that on average, every Rainbow Currency owner holds 5 million Twinkles in their account. Some hold less, some hold more; but on average, 5 million Twinkles (each).
So that means, when we just reach a value of US$0.20 per Twinkle (which could happen very fast), our currency holders would hold a value (on average) of one million dollars. We’re not talking about Monopoly, or other money with no real value. We are talking about HARD CASH money value. Guys, we’re producing thousands of millionaires; and, long-term, maybe even billionaires!
So, our biggest concern must be to PROTECT each of you the best we can. We don’t want to read stories about members losing millions of Twinkles just because of a little mistake they made. Guys, I can tell you, a lot of people have lost a lot of bitcoins in the past. We want to help you and we want to guide you, as much as possible. That is why we decided to do this webinar today; to give you an introduction before you are able to make any mistakes.
So for a better understanding, let me explain the blockchain technology.
The blockchain is a decentralized, transparent ledger of transactions that cannot be manipulated. Thus, the blockchain is a perfect instrument for 100% SECURE transactions. Unfortunately, the processing of the transaction needs TIME and ENERGY; and as a result, blockchains have a very limited capacity. For example, the Ethereum blockchain is limited to about 10 transactions per second; and, the faster that you want the transaction to be processed, the higher the fee you will have to pay. With thousands of cryptocurrencies and tokens in development, fees and waiting times will steadily go up.
So, now with our Rainbow Currency, it is our goal to use all the benefits of the blockchain technology, without the drawbacks. As you know, the Rainbow Currency is not a business model but a currency—your everyday money, for your everyday payments. Most of these payments, are made by consumers paying a business for their products and/or services. Globally, businesses are collecting millions and billions of these payments every day. Like a highway, or the Autobahn, when too many cars want to use it at the same time, these billions of payments create literal “traffic jams” in the blockchain.
Now, here is our approach. Of course, a global currency needs the stability and transparency of the blockchain to build trust and reputation. But from our point of view, there is no need to process all the small payments from consumers to businesses within the blockchain. Think about it: do you really need a transparent, decentralized ledger of your transaction to buy a dozen eggs and a loaf of bread? No, you don’t.
So, what if we would keep all of these smaller transactions OUTSIDE of the blockchain; while the Rainbow Currency itself is fully set up, backed, and covered by the blockchain. We would make the smaller transactions faster and fee-free, and most importantly 100% private and secure.
Did you know that every transaction in the blockchain is 100% transparent? Every individual, or computer, knowing your blockchain wallet ID is able to analyze your transactions, and to collect data about your habits. As we are striving for maximum privacy and maximum security—of course, this is not an option. Thus, we have created our unique two-wallet system; giving consumers and businesses all the advantages of the blockchain technology, with the maximum privacy and security, as you know it from the Unicorn Network and our SafeZone.
So, the first of our two wallets is your PERNUM Wallet; which is, so to speak, your PRIVATE WALLET. It is made for all your everyday transactions—consumer to business; to make payments for products and/or services. Here comes the important part: NOBODY is able to see any of your private transactions, because they’re all processed on our secure servers. So, only you, and, of course, the business receiving the payment, know about the payment. There is not even a chance for any third party data mining. Because of our unique PerNum (personal number system), you don’t even have to share any account number, or wallet ID, with the business. The only thing they receive is what they need to know, and that is your PerNum. That makes your PerNum automatically your ACCOUNT NUMBER for your private wallet for the Rainbow Currency.
Right now, all your Twinkles that you own are booked and held on your private PERNUM Wallet. The PERNUM Wallet does not need any setting up from your side; if you have a PerNum, you automatically have a PERNUM Wallet.
Now, you might want to trade Rainbow Currency; or you might want to send Twinkles to friends or family members. And these kinds of transactions, they need to be covered by the blockchain. Therefore, you need a second wallet which is, so to speak, your PUBLIC WALLET. Because these wallets are 100% transparent, it is important for you to understand how to set them up, and how to maintain them.
Generally speaking, a public blockchain wallet consists of two keys. One is a PUBLIC KEY. You could say that this is your (public) wallet ACCOUNT NUMBER. For example, if you want to send someone some funds through the blockchain, you would need to know their public key (their wallet ID), to be able to send them money.
The second key of a blockchain wallet is the so-called PRIVATE KEY. The private key gives you 100% control over a wallet. Unfortunately, there are more bad guys than good guys out there. So rest assured that if someone, for whatever reason, knows your private key, the chances are very high that your funds will disappear. That means you would lose all your funds.
On the other side, WITHOUT your private key, YOU won’t be able to access your wallet to do any kind of transactions. That means, for example, if you store your private key on a hard drive for example, and the hard drive is destroyed or lost, you will NEVER be able to retrieve your private key. That means even if you still have your public key, and you can see the value and the balance of your wallet, you have no chance to use it. So the result would be the same—the funds would be lost—100%, total loss.
Now, think about what I have told you in the beginning. On average, our Rainbow Currency holders hold about 5 million Twinkles (each). Even at US$0.01, that’s on average value of US$50,000; at US$0.10 that’s already half a million (US dollars). When we reach our first big milestone (having the same market capitalization as Bitcoin), that is already an average value of nearly 7 million U.S. dollars. So therefore, it is absolutely crucial for us, to explain to you the risks of the blockchain. While you literally had to do NOTHING to create your first wallet, your PERNUM Wallet; you will need to create your second wallet (your blockchain/public wallet)—by yourself.
Because there are several services out there to create blockchain wallets, and, as we have had no chance or time to test them in some way, I cannot give you a recommendation on which services you should use. So, please be advised that whenever (from here on) I share with you a website or service, it is NOT a recommendation, but just an EXAMPLE of where and how to do it.
So, talking about the setup of your personal blockchain wallet, the blockchain where our Rainbow Currency is built on, is the Ethereum blockchain. So, of course, what you need is an Ethereum blockchain wallet; in order to be able to receive, to transfer, and to trade Rainbow Currency. One of the services to set up your personal Ethereum blockchain wallet would be
On that website, for the first step, you create a password; and this website will create your Ethereum blockchain wallet automatically. So now they will share your PUBLIC KEY and your PRIVATE KEY with you.
Now, here’s the thing: my advice for you would be, for the first step, to PRINT OUT your public and private key, so that you have some kind of HARD COPY of it.
Number two, especially talking about your PRIVATE KEY, is to NEVER SHARE IT WITH ANYBODY. If someone is asking for your private key, simply say, “NO!” There is no reason why you should give your private key to any other person!
Now, if you would say, “Well, maybe I want a family member to do a transaction for me,” or whatever, well, your family member should have their OWN blockchain wallet, and then simply transfer the amount that is needed to their blockchain wallet. But there should NEVER, EVER be a reason why you should share your private key with any other person.
So, then you should store your private key somewhere OFFLINE. Do not have it on a computer, or on a device where, for whatever reason, a hacker, or a spy software, could get ahold of your private key. For example, you could store it on a USB stick or a (separate external) hard drive, or whatever. I think there are even some special hardware solutions on the market already for storing private keys, and other sensitive data, like passwords. Please have in mind, we are talking about tens of thousands, hundreds of thousands, or maybe even millions, or even multi-millions of U.S. dollars in value, protected. I do not want you to be the unlucky person to lose your funds!
When it is about your PUBLIC BLOCKCHAIN wallet, we cannot protect you. You need to do it by yourself.
So, once more—never, ever give your private key to any other person. Print it out, and store it in a 100% secure place, so that just in case you lose all your electronic copies-that you still have it. Because when you LOSE your PRIVATE KEY, your wallet is lost!
And, do not store the digital copy of your private key on a device that is steadily connected to the internet.
Now, let us talk about what you NEED your blockchain wallet for. Because, like I told you, we keep all the smaller everyday payments within OUR secure, SafeZone environment.
So the first reason why you would need your public blockchain wallet is if you want to trade Rainbow Currency on the public market. That means, if you want to SELL Twinkles on a cryptocurrency exchange, you would need to have the amount that you want to sell in your public wallet. Because for the outside, (for the public), that is the only legitimate PROOF that you really OWN the amount of Twinkles that you want to trade.
And, it’s the same, if you want to BUY additional Twinkles. The only way to do that is to buy from a Rainbow Currency owner; for example, on a cryptocurrency exchange. So now, when you buy Twinkles there, and you want to use them WITHIN our SafeZone, you would need to transfer them first to your PUBLIC wallet (your blockchain wallet), and from THERE you can transfer to your PERNUM Wallet.
The second reason why you would have Twinkles in your public blockchain wallet, would be if you want to send Twinkles to another person; or if you want to make a payment to a business OUTSIDE the SafeZone—that is when you would need to have Twinkles in your PUBLIC wallet.
Now, let us go back to the SETUP of your blockchain wallet. When you open a wallet for the Ethereum blockchain, the currency that is automatically set up there would be ether; but our currency is Twinkle. And because there are hundreds (and very soon there will be thousands), of currencies and tokens created, based on the Ethereum blockchain, you would need to add “TWNKL” as your preferred token and currency in your wallet.
Talking about a wallet created with myetherwallet.com, you will find a button where it says “add custom token.” When you click that button, it will ask you for 3 pieces of information:
1. The ADDRESS of your currency, or token
We will display this address for our Twinkles at the end of the webinar; here in the webinar room. This is, literally, the PUBLIC ADDRESS of our currency, so this can be shared in the Skype rooms; and, of course, on our website as well.
When we have reached a certain amount of currency holders and wallets, we have a chance to apply for being added as one of the main currencies within the Ethereum wallet system; but for now, it needs to be done by hand.
2. The second info requested is the name, or the TRADING SYMBOL, of our currency. You know the name of our coin is Twinkle; and the trading symbol is TWNKL.
3. The third info requested is the number of decimals.
We have 3 decimals. That means one Twinkle can be divided into 0.1, 0.01, or 0.001 TWNKL, which would be the smallest unit possible.
So now, after you have successfully set up your Ethereum blockchain wallet, so, you have your PUBLIC key, you have your PRIVATE key, and you have added TWNKL as your preferred coin and currency, now would be the time to CONNECT your PERNUM Wallet with your public wallet.
You will be able to do that on Friday (November 24th), and you’ll be able to do that at
After connecting your blockchain wallet to your PerNum, you will be able to transfer Twinkles from your private wallet to your public wallet (and vice versa).
Once more, you should ONLY transfer Twinkles that you really need for trading, paying outside of the SafeZone, or sending it to another individual (to your public blockchain wallet).
So, for those of you who noticed, there is hidden info between the lines; and that is that unfortunately, you won’t be able to trade Twinkles (offer Twinkles, nor buy Twinkles) before Friday; which is the day after tomorrow. The first reason is that our first exchange partner, CryptoCoinStreet, is still in the process of setting up the environment that we need. Second reason: tomorrow is one of the most important holidays, here in the United States—Thanksgiving. And reason number three is (and please understand, this is really the most important reason), that we want to PROTECT YOU from making mistakes.
For example, when you login to PERNUM on Friday, and you connect your blockchain wallet with your PERNUM Wallet, be sure that you enter your PUBLIC key. NEVER, EVER put in your PRIVATE KEY there!
Whenever you do something related to your public blockchain wallet, be FOCUSED. Think TWICE before you share any info! Be sure that you make it right, because we can’t be there. Outside the SafeZone, we can’t be there to protect you.
So, that’s it for today. We will give you the token address in a moment. First, let me say “thank you” once more for all your support, for your trust, and for your PATIENCE. It is really highly appreciated!
You know that WE (all together), WE are the “Power of We”, and WE (all together), can MAGICALLY change the world!
Thank you, guys. Stay tuned for another 30 seconds, and I will verify the Twinkle contract ID, so that I can share with you here.
Guys, this is exactly a great example of what I just told you—check things TWICE, just to be sure!
Here is the token address—what you need to add, in order to make the Twinkle your “preferred token” on your blockchain wallet. And, again, for Support and the rest of the Team, this can be shared wherever it needs to be shared.
The public address of our currency is:
So thank you, guys!
WAAAAAAZZUUUUUB! Be proud to be a part of the movement! Be proud to be a Unicorn; and always, HAPPY HEALTH. Thank you, guys. Bye-bye.
With your success in mind,
Dan Settgast, and
Your WAZZUB Support Team
Additional Info from Support:
Rainbow Currency owners be sure to register for the next Rainbow Currency Webinar (found under WEBINAR RECAPS on the Rainbow Currency website): Friday, November 24, 2017 at 11:00 a.m. USA Pacific Time.
RAINBOW CURRENCY OWNERS PLEASE BE AWARE: There are several ways to create a blockchain wallet, some are more private and secure than others, and they may require you to personally take care for your own security of your funds. If you already have an Ethereum wallet, you do not necessarily need to set up a new one, simply check to see if you can add a custom token to your current wallet (follow the instructions below to add TWNKL).
For more info on the process of how to create your wallet on https://www.myetherwallet.com/ here are some links and videos:
How to Create a Wallet
How to add a Custom Token
Please be aware of the warning on the top of MyEtherWallet page:
WARNING: IF YOU CLICK A LINK to MEW from EMAIL, SLACK DM, or a FORUM, YOU WILL HAVE YOUR COINS STOLEN. Do not click.
Instead, install EAL or use MetaMask.
And here is some more info for those who need it regarding MetaMask, Mist, and others like them...
Once you have decided your blockchain wallet, use these 3 pieces of info to add Twinkles as a custom token.
1. Token contract address:
2. ID: TWNKL
3. Decimals: 3
Log in to the SafeZone for members: www.safe.zone our new Perfect URL! Please note that www.safezonepass.com will now forward to www.safe.zone so either way is perfect to log in or join SafeZone.
Live Chat Support is available via the following link.
For all Unicorn Network Webinar info:
Log in to read recaps and register for webinars here: https://www.safe.zone (WEBINARS hexagon)
For all Rainbow Currency Webinar info:
Log in to read recaps and register for webinars here: https://www.rainbowcurrency.com (WEBINAR RECAPS button)
SAY GOODBYE TO THE SPARKLE, SAY HELLO TO THE TWINKLE
(As of 10/28/2017) There is a project out there using the name "SparkleCoin" for their currency. Even if their project is not launched yet, they have communicated the name of their coins first time in September on their public website.
Of course, we respect their creativity, so we will change the name of our smallest coin to Twinkle.
Please, from now on, only use the name Twinkle. Thank you!
** Reminder for all members: ** We have a strict anti-spam policy. Please be professional when sharing links for any of our offers. It has been noticed that some members have been posting their links on other people and group's Facebook pages. ** This is spamming!!! ** You should not post your links on anybody else's pages or in groups unless it is a page or group specifically set up for sharing business opportunities. You should not post your links on the timeline of any other person in any Social site unless they have given you permission to do so. Please be respectful and professional. Thank You.
Member Invitation guidelines
Our Rainbow Currency is a very exciting opportunity for all members and for the future of commerce and financial transactions.
We know everyone is super excited and very eager and innovative in promoting our Rainbow Currency and this once-in-a-lifetime occurrence.
As always we want to be mindful of the reputation of the company and of course yourself when promoting. A few things to be mindful of:
A. Whenever translating any information, brand names must be in English. Rainbow Currency, Twinkle, Glitter, Rainbow, SafeZone, etc., must be in English.
B. Always give accurate information using company pages as a guideline for information. Don't mislead by making wild claims or by changing the meaning of anything. If you are not sure what something means, please clarify.
C. Be sure to comply with local and International anti-spam regulations regarding emails. If using mailings you should be sure that those you are sending emails to are opted-in to receive emails. If you are emailing friends/family be sure to respect their wishes if they ask you not to send them offers.
D. Never use our Mailaxy for any marketing mailings. It is intended to be used for personal use only. Accounts may be closed if we get blacklisted due to members using Mailaxy for marketing and marked as spam.
*Never post your links or promotions on the profile page of any other member. If you post on your own profile those who follow you will see it if they follow your posts.
*Never reply to someone else's post or comment with links or promotions.
*If you belong to groups that allow you to post marketing, and there are many, be sure to follow their rules and don't flood them with constant posts. Watch to see what others do as a group. If there are several hundreds or thousands of active people in that group and there is only one person posting the same thing every 5 minutes or every hour don't do the same thing just because that one person does it. Do what is customary for that group.
F. Don't constantly tag random people on your posts. That function is meant to tag a person who may be in a picture, or tag someone that needs to take attention to that post because it is relevant to them.
G. Don't add people to groups without their permission. This happens to me all the time and it is very annoying. You can send invitations and that gives the person the option to join, ignore, or simply delete your request.
H. Many members have posted marketing material that can be used and shared, graphics and videos that can be shared, and ideas on better marketing practices. Always be mindful to personalize things that you use and be sure to keep information accurate. If you see something that you like that has not been given to share or use, always contact the owner of that material and ask their permission before doing anything with it.
Earnings Disclaimer: Every effort has been made to accurately represent our project. Any examples of results are not to be interpreted as a promise or guarantee of earnings. Your level of success in attaining the results claimed on our website depends on the time you devote to the project, on your knowledge and on various marketing skills. Since these factors differ according to individuals, we cannot guarantee any success or specific result. Nor are we responsible for any of your actions. Materials found on our website may contain information that includes or is based upon forward-looking statements. Forward-looking statements give our expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning in connection with a description of potential results or earnings.
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