100% premine was sold and $7500 was raised. Thanks for your concerns, I hope this helps 

I invested in Kaspa before ASIC miners were announced. Then when KS3 miner were released, I bought it due to its low electricty costs its still very profitable than most of ASIC miners. I was able to recover the investment already. It's just your opinion which i respect, but I believe in Kaspa and it's good future.

I have seen lots of coins with concept of play-to-earn. It's a good thing but i dont thing its a revolutionary concept. Their are a lot of coins seeing a significant rise in this bullrun. Coins like neoxa is implemnting this in the best way where you play real games like GTA 5, CSGO or Dota 2 and rewards. But if you talk about coins that shows tapping the screen to mine the coin or reward you, its nothing but trash.

Important Announcement: Adjustment in HootChain Reward Distribution

Dear HootChain Community,
We want to inform you about an important change in the reward distribution between masternodes and miners. Initially, we rewarded miners more generously to have a better decentralized distribution of coins among everyone. However, this did not turned out the way we planned. Only a very few people owns X11 Asics so the number of individual miners is very low. Now that people have stopped renting hashrates, we have clear numbers. Therefore, we have decided to adjust the percentages to better balance the incentives.

New Reward Scheme

Change Starts: Block 12000.
Gradual Increase: Masternodes will receive an increasing percentage each month until reaching 80% for masternodes and 20% for miners.
Reason: Balance incentives and reduce selling pressure from profit switching pools.

Preparing for the Change

Pools and Exchanges: Please update your software before block 12000 to adapt to the new reward scheme.
Community: Share this information and prepare for the transition.

We appreciate your understanding and continued support. We are confident that this adjustment will benefit the entire HootChain community, ensuring a more robust and balanced network.

We have updated the documents accordingly. Please checkout updated Tokonomics to get a better understanding: https://docs.hootchain.org/the-hoot-coin/tokenomics

Download the wallet from: https://github.com/HootChain/HootChain/releases/tag/v1.1

Everyone including Pool Owners, Masternodes Owners/Services, Individuals should update their wallet before Block 12000

Best regards,

The HootChain Team

We're proud to announce that the HootChain presale was successfull, sold 100% of premine and a  total of $7530 amount was raised!!

Just wanted to let you all know that we've made the payment to get listed on Xeggex.
So, the process to get us on their exchange is officially underway!   

Who is Rily? Never heard that name before. It seems you are confused. These are not bought discord accounts lol join the server and we can have proper discussion if you are intrested in that.

Reserved!!

Hoot with delight! We're thrilled to announce HootChain (HOOT), a brand new blockchain born from the wings of the mighty Dash. Inheriting all the features that made Dash one of the top blockchains in the space, HootChain takes flight with an ambitious vision: a comprehensive DeFi ecosystem built to empower HOOT's utility and propel it to new heights. HOOT isn't just a coin, but a key that unlocks a treasure trove of DeFi applications. That's the future we're building.

Is this Scam? Why choose X11 Algo?
We know that is the first question came to your mind and its obvoius afterall so many scam coins were launched and died. They followed a same pattern which we, check our github and confirm yourself we really made some efforts to fork and make some changes to the blockchain.

This coin have masternodes, so only rich will get rich? What about miners?
We belive both miners and stakers play major role in securing the blockchain network and I personally think that masternodes performs various taks which make HootChain network more secure and fast. But to distribution fair initially miners will have advantage in block distribution and slowly the advantage will move to masternodes. We will talk about it in detail later in this post.

First 600 Blocks will get 20% of actual block reward that is 1 HOOT then on 601 block actual block reward will start. This should give everyone enough time to catch up including miners and pool owners etc.

HootChain Tokenomics
Maximum supply: 9.95 million HOOT
Quarterly reward reduction: ~6.25%
Initial block reward: 5 HOOT
Algorithm: X11
Maturity: 150 Blocks
Block frequency: 60 Seconds
Superblock Time: 86,400 Blocks (2 months)
Premine: 30,000 HOOT (10 masternodes for Presale)
Masternode collateral: 3000 HOOT

The block reward distribution will gradually shift over the next seven months to a permanent split between miners and masternodes. It will start with 60/40 split between miners and masternodes, each month, the proportion allocated to miners will decrease, while the portion for masternodes will increase, until they reach their final allocation of 20/80 respectively. The reward allocation for Masternodes is set to increase every month untill final ratio is achived.

Initial block reward distribution
Miners: 55.55%
Masternodes: 36.95%
Development fee: 5%
Superblock rewards: 2.5%

Final block reward distribution
Miners: 18.50%
Masternodes: 74.00%
Development fee: 5%
Superblock rewards: 2.5%

Red more about it in detail here: https://docs.hootchain.org/the-hoot-coin/tokenomics

Wallets:

https://github.com/HootChain/HootChain/releases/tag/v1.1

Links:

Website: https://hootchain.org/
Explorer: https://explorer.hootchain.org/
Github: https://github.com/HootChain/HootChain
Whitepaper: https://hootchain.org/hootchain_whitepaper.pdf
Documentation: https://docs.hootchain.org/
Discord: https://discord.gg/WEPECmANVy
Twitter: https://x.com/HootChain
Telegram: https://t.me/HootChain
Logo: https://drive.google.com/file/d/1GBVsbt_lYuRAkNzJfGmH6XWz0FUGDtuC/view?usp=sharing

Exchange: https://xeggex.com/market/HOOT_USDT

Mining Pools:

https://pool.hootchain.org/#hootchain_pplns
https://oasispool.xyz/#hootchain/stats
https://mine.evepool.pw/#hootchain
https://altcoinspool.com
http://epool.uk/#hoot1

Merged Mining Pool:

https://www.mining-dutch.nl/index.php?page=pools

All: https://miningpoolstats.stream/hootchain

The Wizerx Multisag wallet was compromised due to a critical vulnerability in the wallet's private key management system, allowing unauthorized access and subsequent drainage of funds. The attack exploited a gap between the information presented to the signatories and the actual transaction being executed. Weak security measures was taken and their was discrepancy between the information displayed on Liminal's (the custody service provider) interface and the actual content of the transaction.

Hackers manipulated the information displayed on Liminal's interface to show incorrect transaction details. This misled the signatories into approving a malicious transaction that transferred funds to the attacker's wallet.

Owning a dedicated blockchain offers distinct advantages over relying solely on a token:

• Full Control: A project has complete autonomy over its blockchain's rules, governance, and scalability, allowing for tailored solutions.
• Enhanced Security: By managing the entire infrastructure, projects can implement robust security measures, protecting sensitive data and assets.
• Scalability: Dedicated blockchains can be optimized for specific use cases, avoiding congestion and improving transaction speeds.
• Innovation: Without limitations imposed by external blockchains, projects can experiment with new features and technologies freely.
• Cost Efficiency: In the long run, owning a blockchain can lead to reduced transaction fees and operational costs.

While tokens can facilitate fundraising and community engagement, a project's own blockchain provides a more comprehensive foundation for building sustainable and scalable applications.

Their is lot more to talk about on this topic. Like incase token on solana chain, if SOL price goes down for today then most likey 95% of its token will also see big red candles. Where as coin with its own blockchain surely effected by overall crypto market it's price will not follow any particular blockchain.