COURIC - backed by real poop!
PoW - NO PREMINE
Algorithm: Scrypt
Money Supply: 10.000.000 COURIC
Blocks: 100,000 Blocks (~70 days of mining)
POW Reward: 100 COURIC
Block space: 1 Minute
Diff retarget: Every 10 Blocks
Source: Will be announced on 5/25/2016.
Pools: Will be announced on 5/25/2016.
Block explorer: Will be announced on 5/25/2016. (including rich list)
Exchanges: Will be announced on 5/25/2016.
Website: Will be announced on 5/25/2016.
Roadmap: Will be announced on 5/25/2016.
My name is Joe Jacobson and i'm just sick of it. I'm sick of this community. I'm sick of ICOs. I'm sick of BTC not moving. All this sickness makes me poop a lot. I'm literally sick to my stomach. That's why i came up with this brilliant plan.
Since 2007 i have collected all my poop and put it in cold storage. The total weight of this physical poop is exactly 10,000,000 COURIC. My plan for this coin is to hold a 1:1 ratio digital:physical COURIC. This will be the first crypto currency backed by a real physical asset!
There will be a natural inflation of 10 physical COURIC a day (0,0365% a year) after PoW is finished. My poop will all be collected and rewarded to project donators every three months: in digital COURIC.
After launch on 06/01/2016 (1st of June 2016) until i, Joe Jacobson, for whatever reason can't be the "Inflator" anymore, there will be an offical Community Voting for a new Inflator. The inflation will automatically be adjusted to the capacity of the new Inflator. Which means the community is able to choose for a high or low inflation!
The mining process will be open and transparent. Estimated mining prices will be tracked and openly published in this ANN thread by me. By doing this the mining process will be more fair and it will give everyone a better insight in the true value of my poop.
Pics soon.
Sincerely,
Joe Jacobson,
Team COURIC$COURIC