MANDATORY WALLET UPDATE 9.8.2015
MYSTICOINSPECIFICATIONSTicker: MYSTIC
X11 Algorithim
2 minute block time
40 Million initial Coins
100% Proof of Stake
ICO Price: 25 Satoshis
ICO Amount: 10 Bitcoins
Total Inital Coin Supply: 44 Million
4 Million Coins Reserved for giveaways, promotions, bounties,
development improvements and blockchain stabilization.
1 Coin Per Block POS
0.655% Annual Interest
Blocks 1-10100 are also POW and can be mined with x11 miner, 1 coin per block reward.
Mysticoin aims to provide a fast and secure payment method for the masses to use on a daily basis while also providing a
closed loop economy which provides opportunity for the community to continually reward in their participation.
MYSTICOIN ICO UPDATE The ICO ran successfully and sold out in a day. A buy wall was erected and subsequently
eaten, the 19960000.48 Mystic Coins that were sold to the buy wall have been burned.
BURN PROOF Address: MJrxxxxxxxxBURNADDRESSxxYBTy14kKge,
txid: b31784221688cbd2108ac73c8db85a320e65163b337d857df6c7bd66b848bb0f
ROADMAPClosed loop economy developmentsLeverage trading of Mysticoin on our website – Within the first week of launch we will be hosting leverage trading of
MYSTIC/BTC up to a rate of 3x on mysticoin.org. Naturally people expect new altcoins to decline but with the chance to profit
on its decline people may try to take the price the other way. 5 BTC from our ICO will go to the initial fund for this venture
and it should be very interesting to see how it plays out.
Cloud staking – After Leverage trading has been completed, in the next 2-3 weeks we hope to introduce a cloud
staking tab on our website allowing users to collectively stake for greater rewards.
Buying and burning – We are hoping that opening up leverage trading to Mysticoin should bring a return and
we will use these profits along with the remaining 5btc from the ICO for a weekly buy and burn initiative.
Every Friday users will receive their staked coins from our cloud staking service and on every second Saturday
we will buy 0.5btc worth of MYSTIC from the market and burn them.
The 5btc should provide us with at the very least 10 weeks of the programme but Leverage should increase this time.
Buying and burning does a few things in our closed loop economy, it keeps people rewarded and interested in the
cloud staking reduces supply so individual coins become more valuable in the long term it should stabilise
the price as selling pressure will remain low.
A closed loop economy should provide a solid platform for a frequent and stable payment method which
people can use every day. Fluctuation is something that can put people off investing in cryptocurrency
and our setup should prevent that.
We hope to have the closed loop economy set up within the first month of operations and then we can focus
more on development elsewhere including a mobile and online based wallet and an exchange with
leverage trading for more reputable alts
WALLETS
NEW WALLET 9.08.2015Windows:
https://mega.nz/#!XZklDR7J!paF0LIoGK52uXhMd7AxLIXEWVa1HxP5T0AGuniSDWRsVirusTotal:
https://www.virustotal.com/en/file/365c5c860b7b6436d7312f932a659740dcd7c08de1cefb82639d0017f76d7cf8/analysis/1439328410/
mysticoin.conf
addnode=93.157.4.11
addnode=95.85.27.103
BLOCK EXPLORERhttp://www.theblockexplorers.com/mystic.htmlTRADING EXCHANGEYobit Exchange
https://yobit.net/en/trade/MYSTIC/BTCBOUNTIES1st MYSTIC Faucet: 10,000 $MYSTIC coins
2nd MYSTIC Faucet: 5,000 $MYSTIC coins
Thread Translation: 2,500 $MYSTIC coins for each Ann posted in your language section of the forum
Chinese Translation Taken
Vote for $MYSTIC on c-ce: 600 $MYSTIC coins: Read giveaway thread:
http://cryptoscene.com/threads/vote-for-mysticoin-on-c-sex-for-600-mystic.100/https://c-cex.com/?id=vote&vc=1Follow on Twitter
@MystiCoin: 200 $MYSTIC coins, reply via Twitter with $MYSTIC deposit address.
CASINOWe now have Dice and Wheel of Fortune for your pleasure!
Dice Click Here
Wheel Click HereBeta Testers Needed: Tweet to
@Mysticoin your
Wheel Username and have
100 MYSTIC credited to your account.
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