1337CoinLaunch within the next 14 days, we announce excactly Launch date min. 3 days before.What is 1337?Quote from Wikipedia.com
Leet (or "1337"), also known as eleet or leetspeak, is an alternative alphabet for the English language that is used primarily on the Internet. It uses various combinations of ASCII characters to replace Latinate letters. For example, leet spellings of the word leet include 1337 and l33t; eleet may be spelled 31337 or3l33t.
The term leet is derived from the word elite. The leet alphabet is a specialized form of symbolic writing. Leet may also be considered a substitution cipher, although many dialects or linguistic varieties exist in different online communities. The term leet is also used as an adjective to describe formidable prowess or accomplishment, especially in the fields of online gaming and in its original usage computer hacking.
1337 = leet = elite. Its a number used to describe the best of the best, or something cool.
We want to give a coin for all the nice people out there.
General Information: Block Time: 60 seconds
1920 blocks per day
1337 Coins per Block
difficulty retarget every 3 blocks
Blocks mature after 60 confirmations
PoW phase will end after ~ 7 days (calculated 6.95 days)
Premine for IPO: 10% (first blocks, also for testing, see IPO info)
Coins after PoW: 13,371,337
Stake Interest: 13.37% annually
Algorithm X11 or X13 (voting Ends after 5 days)
We want to offer the community a rare possibility: You can choose if we we should use
X11 or X13 Algorithm. We believe that, if the community can also play a small part on the creation of a coin, the coin can reach even more glory.
The voting of X11 or X13 will last for 5 days. After that, the Algorithm with the most votes (type comments here, say you think wether X11 or X13 is better) will get updated on the General Information part.
Now you might be asking why IPO?To be honest, we only have small experience with programming. But we want to provide a stable coin. With the IPO Money we want to hire a DEV with experience. The dev will also provide us with future updates and implementation of new Features.
We will also Launch with more than 1 node, in order to provide a smooth Launch.
Here some IPO Details:We don't believe that selling a fix amount of coins for BTC before the coin Launch is fair. So we want to sell them in Shares.
We will sell
100 Shares for each
0.1 BTC for a total of
10 BTC.
1 share = 13,371.337 coins
For example, if 20 People will buy one Shares each, for a total of 2 BTC, everyone of them will receive 100/20=5 Shares. So it's calculated like: (100/sold Shares)x your share Count. We believe, that this is much more fair than selling amount x of coin for 0.1 BTC.
As soon as we reach 1.0 - 1.5 BTC we will give the money to the dev so he can start codeing the coin for us. We are already in touch with him and he told us, he could provide us the Coin within 3 days.
Here is our "perfect" time line:
1. voting of X11/X13 Ends after 5 days (friday next week)
2. As soon as we collected 1 - 1.5 BTC we will tell the dev to create the coin.
3. aprox 3 days later we have source
4. we will mine the 10% IPO and test the coin.
5. if everything is working, we announce we have working wallet
6. from then you have about 3 days (Minimum) until we Launch. The IPO coins will be provided within 24h after official Launch.
More informations like Charts of interest rate and other usefull informations comming soon.
If you have any questions, feel free to ask.
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