Blockchain technology integration is another subversive break for traditional industry. Recently , BlockCDN a newly established company located in Hong Kong presents a self-trading platform which operates blockchain smart contract to connect network idler and network acceleration demanders in a fair, open, integrity way. It will bring blockchain smart contract, sharing economy and P2P technology to CDN acceleration industry. Make good use of idle network equipment and idle network traffic of internet idler, and become the data node of CDN acceleration. It will provide internet access service for users nearby through DNS dispatching and P2P multiple nodes so as to moderates the network congestion and reduce waste of resource. In addition, internet idler could get good benefits without extra investment.
BlockCDN leading CDN industry revolution, will replace 90% of traditional CDN.
CDN content distribution network distributed network, including node server farms located in different regions and provide its content. Internet sites such as end-users of Internet video and online games close to the edge node server with high availability, load balancing center platform, content distribution, scheduling, and other functional modules, allowing users to obtain the required content of the nearest, reduce network congestion and improve user access response speed and hit rate. CDN’s key technologies include content storage and distribution technologies.
What is Blockcdn?
BlockCDN
The BlockCDN is blockchain powered CDN node shared trading platform links with those who need, and protect their legitimate rights and interests, you can blockchain transparent, fair, open and intelligent contracts immutable effective implementation. The BlockCDN allows those who need to obtain CDN CDN service, which is 10% of the price of traditional CDN services, but with a plurality of nodes, and faster access. The Internet allows the idler BlockCDN share their free network access device (such as a PC, router, TV box, pad, mobile phone, etc.) as CDN` data caching node and provide the site’s CDN service. In addition, they can make a good profit without investing extra money.
What is the block chain?
blockchain is a technology solutions to safeguard a reliable database through decentralization and decentralized model. Technical solutions are mainly useful to the process to make the system generates information exchange data across multiple nodes cryptography and each block chain block contained within a given time, and generates information used to verify the validity of the data and information fingerprint chain The next data block.
What is the share economy?
Sharing economy, also known as point-economy, economic coordination, collaborative consumption, is built on shared human socio-economic ecosystem of a social economic ecosystem. For example, Uber material resources.
Blockcdn what kind of change will bring to the market?
BlockCDN
CDN current situation: for CDN and global construction market is expanding. According to the announcement from the United States market monitoring report data microscopic scale CDN market is estimated to increase to $ 3.7 billion from $ 3.4 million one billion 12.1637 2014 2019 CAGR of 26.9% rate of return. CDN has many advantages, such as the pressure to solve interoperability problems and ISP network connectivity problems, reduce the source server, effectively counter-attack, DDoS attacks. However, there are disadvantages: It’s complicated cache server operations, require a huge amount of investment and the layout is limited.
Blockcdn advantages: A, blockcdn blockchain based technology enables Internet users worldwide to share their idle equipment as a data cache node, and provide data upload service for nearby access to the user. So as to obtain the corresponding reward. As more and more people engaged in BlockCDN CDN nodes become more abundant, which will form a global network distributed CDN, CDN completely change the current business model, so that the resources of the nearest caching node infinitely close, greatly accelerated access speed to effectively alleviate network congestion. Nodes share can get the money from their nodes.Whether they are walking the dog, shopping, eating or watching a movie. B, with increasingly rich Web content and applications, network congestion becomes more serious and user experience gradually decreased. Expensive CDN acceleration rate continued to open up profits for website owners. As a self-service CDN trading market, blockcdn enable site owners and shareholders enjoy freedom, equality and transparency of the business, reduce costs 90% to accelerate and better CDN service. C, blockcdn trade payment platform. Based on ETH, blockcdn will be issued a token bcdn, will spread in the trading platform to address shared global trade payments and people who need to be accelerated. In addition, either increase or decrease the amount of circulating bcdn token. Limited token massive CDN business serving rapidly growing markets.
How to invest Blockcdn?
Added blockcdn become shared node
Share your network device to become idle CDN caching node provides upload traffic, the nearby customers need help to access the site. This not only allows you to benefit, but also the full use of resources, help to reduce network congestion. When we all join to share and become a node, it will also improve your access experience.
Add blockcdn buy your CDN
participate BlockCDN. Go transparent, open and fair trading platform you purchase self-CDN service is best for you. You can not only get the CDN service more nodes, higher speed, more secure data and more competitive prices, but also supports the sharing and use of energy, and promote the growth nodes. Therefore, your site will have access to higher speed and improved access experience, but also to get the best price CDN service.
Participate Crowdfunding blockcdn
Blockcdn latest share trading platform and business model. Because of its added; it CDN industry has brought a revolution to bring a revolution like Uber taxi industry, which could result in thousands of CDN practitioners lose their jobs. Of course, if you blockcdn future development is positive, you can choose to become a caching node or participate blockcdn of bcdn token crowdfunding in the near future. According to the market and continued growth in CDN some prospect bcdn, if bcdn circulation has $ 12 billion market, bcdn what price?What kind of investment products, it would be what? Therefore, no need to explain any more. Blockcdn crowdfunding hot open: BlockCDN as a great development potential of shared economic projects, BCDN tokens crowdfunding platform which is also of concern to many investors, even in the global network are caused by a wide range of sensation, to be called 2016 in one of the most investment value of crowdfunding projects. When Bitcoin when just appeared, no one would know what the future its value would be so huge, so many investors are very disappointing. Faced with Bitcoin more promising BCDN, you are not quick to seize the opportunity to start with? Join BlockCDN of BCDN tokens crowdfunding, so you get super high value in return! You have not heard a share of economic projects –1BTC becomes 1000BTC, 2016 Nian popular crowdfunding officially open.
Introducing the Quintessence System, the upcoming decentralized online network of currencies. With a new approach on tokens, this network will function with Spark Token, a multi blockchain token that will simplify and improve the current 2.0 tokens by bringing to the world a system that includes today’s important features. All in one single token. Sidechain, Smart Contracts: with Quintessence, it’s your choice how you develop your project, now as a developer you will have the option to take the path that suits you best.
It is expected that such a large-scale project as Quintessence requires a certain amount of resources to make it happen; crowdfunding also allows people to take part in the action at a low price early on. For these reasons, this System starts with a crowdfunding effort. The ICO starts on September the 12th; the tickets to participate in this project are the Crypto Bullion (CBX) coins, which you can purchase from Cryptopia or Yobit.
A new token, Spark, will be created to make the Quintessence System turn. One difference with other crowdfunded coins is that the devs don’t get any Sparks for free, we have to buy them with CBX just like everybody else. We cannot be certain of the outcome of this crowdfunding ICO, but we expect there will be around 1 billion Sparks (SPK) at launch. After this however, the money offer won’t grow too fast as we will maintain a 1% money supply growth for the rest of this token’s existence.
The crowdfunding schedule will operate with bonuses, where the earliest contributors will earn the most Spark tokens once the blockchain is ready. The basis for your CBX contributions is 1 CBX gets 4000 Sparks, once the blockchain is ready. As mentioned earlier, Day One is September 12th.
Day one: 30% bonus
First week: 17% bonus
2nd week: 10% bonus
3rd week: 5% bonus
4th week: no bonus
Quintessence Crypto Bullion
The Crypto Bullion coin, a veteran in the altcoin scene, not only will be useful as the ticket to this crowdfunding ICO, it will also be part of the Quintessence network as the investment counterpart. While Spark (SPK) will be the workhorse, Crypto Bullion was designed as the investor’s coin. CBX has a small money supply: there are only 1 million Crypto Bullions in circulation, with a low inflation of 2%. This 2% is awarded to people who are securing the CBX network through CBX’s PoSP algorithm, which translates to much higher gains for stakers.
We think that this crowdfunding that requires many CBX could have a positive effect on the value of CBX while it is taking place, and after; this is part of the plan, as we want to build value for the Quintessence System. Depending on how CBX’s value evolves, it is possible we could accept as many as 250 000 CBX in this program, so we gather the resources necessary to make this project happen.
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Why LBRY?
More, Better Profit
Any price you charge for content settles near-instantly into an account only you control. You receive 100% of the price. Micro-payments (and free content) supported.
Open, Trustworthy Technology
LBRY uses the ground-breaking innovation of the blockchain to leave no one in control of your content except for you (including us!).
LBRY is an open-source protocol that is controlled by its users: we could not change the rules even if we wanted to.
Complete Creator Control
Update your content at any time. Change the price. Change the title. Publish, unpublish. You and only you can do this in LBRY.
What You Get
Premier Partner status. Receive insider access and support for life.
Content featured on the LBRY landing screen seen by all users, as well as on our blog, social media, and 100,000 person email list, including links to your YouTube or other profiles.
Receive $1,000 worth of LBRY credits to hold, use or sell.
We make no guarantee of the current or future monetary value of a credit, but credits are actively traded. Current credit market prices can be seen hereor here.
We hold your hand every step of the way while taking none of your revenue.
What You Give
Upload five videos via the LBRY interface (we’ll help you out).
A single social media mention about your availability on LBRY.
Allowance for us to promote availability of your content.
Onecoin probably the biggest ponzi scam of 2016, due to this some of developers who personally decide to build a coin called XONECOIN, with 100% free distribution.
Why? well, I would like to involve as much as possible user to talk about XONECOIN and why is different and better about onecoin. First of all, xonecoin is a real crypto,with a real blockchain, then it’s free. But, differences about xonecoin and onecoin could be explained by all of you, in a good or bad way.
2 Round – Answering some easy questions running from august 27-28.
Who applied first round, couldn’t apply for second ones (only for august 27-28 rounds).
E-mail round of 350000 XOC (350 shares)
Running on august 29.
XONECOIN
Free distribution rules will comes daily. This was one coin i compiled few months ago, then put apart. Now i would like(since it’s completely developed), distribute among community and have some rumors about it, specially on onecoin community. Real blockchain will win among fake ponzi scheme.
Xonecoin team will be quite slow with airdrop, so, no rush please. This is a coin with a purpose: let onecoin supporter knows which is the difference between a real crypto and a awful ponzi pyramid scheme. Relax and enjoy distributions.
XOC is free and his distribution way is different each stage,funny,dynamics and random(will choose how,when and shares amount), so please,accept it as free.
To exchanges: Considering XOC list as free list.
Translations (after first 2 round complete): 500 XOC each
Web Wallet: 2 share (2000 XOC)
Forums/Blogs promotions: (500 XOC each).
Twitter promotion: TBA
Press/Media/Web article: (1000 XOC each)
Approx: 40000 XOC to be distributed through bounties.
*Xonecoin reserve 2 share for us to run on vps.
Distribution start: August 29
About XONECOIN (XOC)
Why XONECOIN is better than ONECOIN?
Because it’s free and it have honest and dedicated dev.
Because XONECOIN i know this coin will be better.
Because is no one coin
Because the coin owner and the dev are honest and they will give the coin for free without scamming the users.
Onecoin is the biggest ponzi scheme, Xonecoin is free, fresh and 100% against of onecoin.
Because you are free to sell or hold as you wish, there is no minimum holding period
Because XONECOIN in different system. Good community who help each other and have a chance to reduces poverty value.
Because you don’t have to sit in a sweaty hotel conference room and listen to a bunch of old men lie to you
Because it’s totally free! No shitty ICO,no silly IPO and no one will loose money. Free coins for free community
Because XONECOIN love the community and they are going to support XONECOIN.
Why ONECOIN is worst than XONECOIN?
Beacause Xonecoin is a real crypto with a real blockchain and a real community.
There is no such word as “Free” in Onecoin concept,no viable business model while promising everyone return of investment = “MLM Scheme Framework”. Xonecoin is totally free and giving community profit = “Development Framework”.
ONECOIN is an insidious Ponzi scheme which misappropriates the terminology of the “blockchain” in order to scam suckers out of their money. XONECOIN is an actual blockchain.
Onecoin – Ponzi scheme, dies at any time. Real people won’t get into it. Xonecoin Overcomes difficulties, one of the promising blockchain being builtup in the tough time.
ONECOIN is worse than XONECOIN by the same principle as regular MEN are worse than X-MEN.
Because onecoin blatantly scam the bitcoin community and fooled the community in thinking that it is fair distribution.
Because onecoin is a centralized solution where very few can decide for everyone.
Because you can’t simply sell your onecoins on an exchange [dodofelix]
OneCoin “mining” relies on “Tokens” that come with their “Educational Packages”. XOneCoin coins are mined for real!
Onecoin scammed people having huge premine and dev leave project while Xonecoin have rare supply coin and 100% free for all, save 2 shares for dev.
FastCash is a digital currency launched and distributed by airdrop for 12 hours on August 26, 2016.
During the airdrop, the coin was met with unprecedented community demand, and ran out before the 12 hour timer ended. FastCash is a token that will be used on the FastNetwork decentralized service marketplace as a medium of exchange for basic network tasks.
It remains as an inflation vehicle on the main network, accruing around 100% interest per annum. It also is the collateral currency that will be required to run a node on the FastNetwork. FastCash has a low initial supply of 780,000 coins.
What is the FastNetwork?
The FastNetwork ecosystem is a parallel secondary network to the main FastCash network. This system will initially be built with a few functions that will allow it to serve as a very basic decentralized service marketplace with a backing node network allowing all functions to be performed with no central server or entity.
The decentralized service marketplace will allow basic network tasks to be bought and sold, such as hosting, exchange of digital assets, advertisement space, as well as data mining on other alternate currency networks.
The main incentive for hosting nodes will be service fees accrued from active service contracts. Secondary node incentives will include Hi-PoS rewards only available to node owners, while the main network will remain at a percentage inflation. Node owners will be required to manage a set collateral of FastCash to be accepted by the main network. Upon initial release, the FastNetwork system is planned to begin with a decentralized digital asset exchange and advertising.
Full details will be revealed in the whitepaper.
Specifications
780,000 coins
100% premine, distributed through Bitcointalk airdrop
64 second blocks
1 coin per block for 10,000 blocks (Scrypt PoW)
100% PoS/year
1 hour minimum age for staking
Coinbase maturity 20 blocks
Transaction confirmations 3 blocks
Decentralized Social Bookmarking and Funding Platform Free from censorship, available anywhere!
Postbase is an ambitious social bookmarking and funding project that is focused on the development of a fully decentralized social bookmarking platform that rewards users for submitting quality content. At the core of the postbase platform is the POST cryptocurrency.
Subbases
Subbases are category specific boards that users can post to. Postbase users can create and manage their own subbases. Users that create a subbase will become the subbase owner, and will have control over moderator and subbase delegate selection. Subbase owners will also control the subbase fee schedule. Subbases will run on sidechain nodes that index subbase posts and related content.
User Reputation Score
Every Postbase user is assigned a reputation score of 5 when they create a new account. The users reputation score will adjust based on the popularity of the content they submit. The reputation score will increase when they receive up votes, and decrease when they receive down votes.
Custom Ranking Algorithm
Every user will have the ability to control how posts are ranked and filtered by adjusting their personal ranking algorithm. A number of metrics can be adjusted in the ranking algorithm including reputation scores, and moderator flags.
Consensus
Postbase uses DPoSR (Delegate Proof of Stake * Reputation) as a consensus mechanism. DpoSR is a variation of Delegate proof of stake that was originally created by the bitshares team. With DpoS the weight of the votes used to elect the active delegates is proportional to the amount of Coins the users hold in their wallet. DpoSR multiplies the amount of coins by the users reputation score when determining the weight of the votes, giving more weight to votes cast by users with a higher reputation score.
Custom Post Types
Link and Texts posts allow for Postbase users to share content on category specific subbases and get rewarded for posts that receive upvotes from other users on the network. Posters that have a higher reputation score will have their content move to the top of the subbase faster than users that don’t vote, comment or have a negative reputation score.
Funding posts can be used to create awareness, and raise funds for a specific initiative or project. Funds are raised from the upvote transactions and direct donations from users. To ensure the viability of the project that will require a set amount of funds to complete, fundraising goals can be set that must be met before the POST currency is delivered to the posters account.
I Am a Posts are nothing more than a question and answer format in which the original poster may answer questions and receive rewards for upvotes associated with each answer. Users that submit questions will also be rewarded based on the number of upvotes their question receives. The monetary reward associated with the answers will entice the posters to submit detailed and quality answers.
Prediction Posts allow users to purchase shares associated with a possible outcome. The user purchases a determined amount of shares towards one or multiple possible outcomes of an upcoming event. Once the event takes place and the outcome is verified by an assigned escrow delegate, the shareholders of the correct outcome receive an appropriate percentage of all coins raised from share purchases. If users have chosen an outcome which did not occur they would not receive a reward. The escrow delegate associated with the prediction post receives a portion of the associated transaction fees.
Delegates Types
Mainchain Delegates carry out the task of securing the network and forging new blocks on the main blockchain These delegates will then receive a reward and a portion of the transaction fees generated on the main chain. 101 main chain delegates are elected by the Postbase stakeholders.
Subbase Delegates are chosen by subbase owners to forge blocks on the subbase sidechain. Subbase delegates will index the posts, comments and other content associated with the subbase, and serve content requests from the subbase subscribers. Popular subbases will distribute content request among its subbase delegates allowing subbases to scale easily to cope with the workload associated with a growing subscriber base.
Moderator Delegates are also chosen by subbase owners. These moderator delegates will flag inappropriate posts and identify users who are not following the rules of the subbase as outlined by the subbase owner. Users can incorporate the moderation flags into their custom ranking algorithm allowing undesired content from reaching their front page.
Escrow Delegates verify events taking place which are connected with posts that have POST currency in escrow. The verification of the event will trigger the transfer of the POST currency to the new account holders. Escrow Delegates receive a percentage of the transaction fees from the related posts once they have verified the event.
Technology Stack
-The Postbase core will be based on Lisk (Node.js)
-Dapps module is being replaced with the new Subbase module
-New web client developed with React will replace the existing Lisk web client
-Desktop applications will be developed with React, Electron, and PouchDB
-Mobile Apps for Android and iOS will be developed utilizing React Native
The first global platform to manage funds in a decentralized economy is the result of Slovenian knowledge. Iconomi platform will collect virtual money enabled “investment”.
Young Slovenian startup company Iconomi launches today to collect seed capital to new forms of grassroots fundraising ICO (Initial Coin Offering). They intend to collect one million euros. Explaining that the mass collection chosen because traditional ways of startups raising money take a lot of energy, so entrepreneurs can not devote enough ideas for your business.
In Iconomi with massive funding they will not be collected classic money, but virtual money investors, which will in return for a contribution of acquired companies share. Iconomi could thus become a precedent for funding other ambitious projects, which operate on the principle of decentralized economy.
Decentralized economy based on technology chain of data blocks and the exceptional growth. It is a kind of track data from beginning to end, subscribers to ensure that they are not counterfeit. They are increasingly heated banks, stock exchanges, state administration, political parties …
It seems that virtual currency bitcoin, and as their most visible representative of a first step towards decentralization of financial services and the overall economy. This is evidenced by venture capital firms that invest more and more in companies developing hardware for operating digital currencies. When this development will achieve a satisfactory user level, people will not care or do business with Bitcoin or any other altcoin, it will be important that it is easy and cheap, experts predict.
Iconomi
Iconomi is run by the Cashila exchange, which provides a fast and secure way to purchase Bitcoins for European customers.
Iconomi’s Open Fund Management platform will allow users to attain profits by investing in hedge funds created by experienced traders, that provides full disclosure on the past and current trading performances. Investors will also have an array of trading and investment tools at their disposal.
There will be two types of investment funds: Coin Traded Funds (CTFs) and Coin Managed Funds (CMFs). CTFs will be “low-risk” investment pools that will focus on technical analysis and tools to achieve steady profits from low volatile crypto assets, while CMFs will focus on emerging technologies and ICOs, making them a “riskier investment”.
ICONOMI’s mission is to provide an opportunity for investors looking for high profits, not possible in the old economy. It will do so through a simple and trustworthy entry point, providing them with an excellent experience, which is crucial for keeping them investing in the new economy.
ICONOMI is creating the missing link between the old and the new economy. Speaking the language of the old economy and acting by the principles of the new one, ICONOMI’s transparent management will be provided by an EU legislation compliant and regulated service operator.
What is ICONOMI?
ICONOMI provides an opportunity for investors looking for high profits, not possible in the old economy. With newly developed financial instruments, ICONOMI will drive new investors and fresh capital into decentralized economy.
As an investor
Why should I consider ICONOMI?
ICONOMI will open up a new financial services category in the decentralized economy, with a stable income stream and an ambitious platform vision. They are positive that ICONOMI is one of the most appealing business proposals of 2016 with its high probability of investment multiplication. On top of that, all ICO participants will have the possibility of investing in an invitation-only ICONOMI.PERFORMANCE fund.
As a blockchain expert
Why should I consider ICONOMI?
They will launch the ICONOMI Open Fund Management platform in 2017 with a simple promise to successful experts – anyone can be a professional fund manager; “You bring the crypto-expertise, They take care of everything else”. Experts are also welcome to participate in ICO.
As a potential investor in the decentralised economy
Why should I consider ICONOMI services?
ICONOMI funds are the perfect entry-level financial instruments for new investors in the decentralised economy. With preselection of coins and spread of investments, ICONOMI funds promise low volatility with high profits. Potential investors are also welcome to participate in the ICO.
New financial instruments
The ICONOMI.INDEX FUND will reflect the development of the credible cryptocurrency market. It will be transparently managed and traded on major exchanges. ICONOMI.INDEX fund will include several thoroughly researched cryptocurrencies, including Bitcoin, Ethereum, Lisk, Steem and other major value tokens.
The ICONOMI.PERFORMANCE FUND will aim at high performance – multiplication of investment. It will be actively managed by a team of ICONOMI experts. Our team will scout for propitious early investment ICO opportunities (crowdfunded startup projects and companies). Through our company-focused fund, everyone can become a venture capitalist, without any of the hassle and capital requirements.
The ICONOMI Open Fund Management (OFM) platform is a simple management tool where traders with knowledge and experience create their own investment funds. Investors, on the other hand, are able to invest even the smallest amounts, offering a clear overview of available investment fund managers and their current & past performance. The ICONOMI Open Fund Management (OFM) platform will disrupt the asset management industry.
Integrate Stellar to move money quickly, reliably, and at almost no cost.
Stellar proved how indicatively we can use blockchain technology for better living globally.
THE FUTURE OF BANKING IS HERE
Remittances
Send money across borders quickly, for a fraction of a cent. Facilitate low-cost payments between different currencies.
Micropayments
Increase efficiency and decrease the cost of smaller transfers. Offer incremental payment options to your customers.
Mobile Branches
Get an agency banking advantage with mobile branches. Expand your retail operation, without the overhead costs.
Mobile Money
Make mobile money platforms interoperable. Let your customers send MM to recipients with different providers.
Services for the Underbanked
Stellar cuts costs so you can bank new customers. Reach the base of the pyramid with low-cost accounts, loans, and microsavings.
stellar
Stellar gives you platform enabling many of features and futures for accepting payments globally.
With a team of top technology and finance professionals, Stellar.org is a nonprofit that connects people to low-cost financial services to fight poverty and develop individual potential.
Platforms, not products, are the way to bring financial services to the poor. Mobile money from one provider can rarely be transferred to another network, let alone to another country in a different currency.
In recent years, the banking and finance industries have not done a lot to earn the trust of consumers in the West. But in poor countries, basic financial services can be transformative.
Even in today’s wired world, many people still stash cash under the mattress, where inflation erodes it away. When they want to send money, they have to find a way to physically transport it. Loans are doled out in bundles or envelopes from moneylenders, at exorbitant rates. Emergencies or unforeseen circumstances can drive a family into penury.
The financial services these people need may come via mobile banking, as Bill and Melinda Gates wrote recently in their annual letter. Basic banking services—from simple payments and transfers to insurance, savings, and loans—are now possible on the simplest of mobile phones, as Quartz has reported.
But most of these systems are hobbled by a lack of interoperability. Mobile money from one provider can rarely be transferred to another network, let alone to another country in a different currency.
When were designing Stellar, Bitcoin acted as a profound inspiration. The Bitcoin network was the first to show that it’s possible for a group of untrusted parties to agree on a common database, and the Bitcoin community still influences our understanding of this technology’s impact.
With all that in mind, Stellar.org has reserved 19% of the initial lumens—a total of 19 billion lumens—for people who hold bitcoin. They will make available these lumens to any bitcoin holder who wants them. For limited period only*. (This is limited giveaway to bitcoin holders)
Promotions
Stay updated with latest news, trends and updates about Stellar with MyStellar. MyStellar also offering FREE lumens (XLM) to ever user. Join MyStellar to receive free lumens (XML).
Initial Coin Offering or ICO is a way for the general public to acquire a new cryptocurrency before it hits cryptocurrency exchanges. Coins sold during the ICO period is the cheapest way to get these coins. Once the coin is already publicly available in trading platforms (cryptocurrency exchanges), the price will be dictated by the same people who got it first during the ICO selling them for a profit.
Pesobit PB
For example, you participated $100 in the ICO of a coin $100 or P4,700. After the ICO period, you received your share of 100 coins meaning 1 coin is equivalent to a dollar.
You and the others who also participated in the ICO will most likely have the same value of 1 coin = 1 dollar. You and the other traders wouldn’t sell the coin at $1 or below, you will sell it more than the amount you invested in so you will profit and the same goes for the other traders. At what price would you sell it?
Things you need to know in Pesobit ICO
1) ICO login page is at Pesobit which will later show the registration page after the countdown expires.
2) PESOBIT ICO will start on August 15 00:00 UTC and will end on September 14 23:59 UTC.
3) You will see an Affiliate link which you can use for others to register under you giving you 3% referral fee of their invested BTC.
4) 16 million PESOBITs will be distributed at the end of the ICO.
5) The price of each PESOBITs will be undetermined until we get to the end of the ICO-period even the number of PESOBITs in your profile. The bigger the collected fund is, the higher the value of each PESOBIT becomes and the lower the number of your PESOBITs will be. One thing is for sure, at the end of the ICO, you will get the number of PESOBITs equal to the Bitcoin you invested.
6) During the ICO period, the download page will be provided so you can have your own wallet software and store your PESOBITs which will be released 2 days after the ICO period. Your PESOBITs will be retained in your ICO profile page though so there is no need to worry about getting it right away.
7) Those who are qualified for freebies at bitcointalk are advised to place their bitcointalk username in their ICO account so we can reward them properly.
Specifications
POW/POS
Algorithm: Scrypt
Last POW block: 10,000
Total coin after POW: 20 million
Inflation: 5%
Distribution
16 million will be distributed during ICO
800k bounties
200k pre-ICO supporters
3 million for future development of the services..
Roadmap
End of ICO:
Webwallet
Block Explorer
Windows, Mac and Linux wallets
Pesobit to Philippine Peso conversion site
Online staking via poswallet
Late September
Listing of coin to exchanges
Mobile wallet
October
Own online staking platform
Pesobit Remittance website
Pesobit Freelance website
November
Marketplace
Online APIs
eCommerce shopping cart payment modules
Mobile wallet upgrade to integrate with Social Networking
