Website: http://LayerCoin.com
Pitch Deck: http://www.layercoin.com/s/Layer-Coin-Pitch-Deck.pdf
Whitepaper: http://www.layercoin.com/s/LayerCoinDoc.pdf
Email: LayerCoin@protonmail.com

Introduction

The intended use of Layer Coin is to build audit and data systems for business and enterprise, using Block Chain technology. The main prerogative is to create Block Chains that are responsive and reliable for business automatically. As research is just getting started in the Block Chain industry - potentially this project can be rewarded as being a prime mover of Block Chain facilitation.

Use of centralised components along with decentralised components.

Centralised components are currently in virtually every legacy system, we can presume that changing these systems will take an extremely long time. Engineering in decentralised systems has not acclimatised and there are currently very few companies or individuals that want to take a risk with completely unrealised technology.

What is the token Layer Coin for?

To be able to use the system Layer coin must be purchased, in order to spin or create a private chain. Once the Layer Coin is “spent” this will initiate the Block Chain creation sequence.

In order to create new Block Chain solutions funds have to be put into the system to create private chains, data inputs, depending on the scale of the data and the attributes of the network.

After the Block Chain is created, tokens have to be distributed in order to create proof of stake for the new private chain for the organisation that is using it.

A private blockchain can be created by the organisation based on what they want for specific Block Chain architecture, the idea of Layer Coin is to give these organisations what they want for a Block Chain solution using deterministic variables.


Initial Coin Specification

500,000,000 Layer Coins will be available.
3 Megabyte Block size.
Proof of Stake.
20% Holding for Development
80% Initial ICO distribution.
5% POS Stake Yearly.

ICO Specification

50% extra for early participants. 7 days. 1st of May to 7th of May.

25% extra for timely participants. 7 days. 8th of May to 14th of May.

10% extra for late participants. 7 days. 15th of May to 21st of May.

0% for very late participants. 7 days. 22nd of May to 28th of May.

ICO Information

The ICO starts on the 1st of May and ends of the 4th June.

To enter the ICO simply send an email to LayerCoin@protonmail.com

You will receive a unique address, then deposit Bitcoin into that address.

This can be whatever amount you want, the ICO is at a cumulative rate, the coin split is determined how much funds everyone enters into the ICO.

You will then receive a confirmation email when the Bitcoin has been received, Ethereum deposits are also taken.

For a good Signature Campaign, 10,000 coins with Signature graphics for every user member.

For Writing Articles 10,000 coins.

Graphics update for the thread 10,000 coins.

Escrow Bounty 10,000 coins.

For translations of the thread whitepaper and pitchdeck to any language 5,000 coins.

Community decides which is the best versions of the graphics for the thread and the signature campaigns.

Idonesian translation is reserved.


Developer Bounties

Layer Coin is hiring 10,000,000 coins for full time developers to help the project.
If you are interested send your github to LayerCoin@protonmail.com and it will be considered.