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Over the years, there have been some significant increase in the number of cryptocurrencies, out of which only few survived. Cowry (COW) is a next-generation, hybrid cryptocurrency based on Proof of Stake (POS) mining and Masternodes. It is a fork of the open-source project of PIVX. COW aims to become a quintessential cryptocurrency. It combines the pre-existing core features of other cryptocurrencies and refines them to produce a single currency capable to function with their strengths but without their deficiencies.Through inventing COWRY, we initiated a cryptocurrency that would allow for safe and secure storage of COWRY in a cryptographic, digital wallet. Besides, we have developed a fiscal pattern that would generate income for COWRY holders, while utilizing COW for the security of the COWRY blockchain. COW has the ability to provide near-instant payments through SwiftTX. This allows COWRY holders the ability to transfer COWRY within seconds across a global network of Masternodes. One of our foremost goals is to create and promote a gambling platform with COWRY as its primary currency. COWRY will also partner with already established or new gambling platforms with aim of integrating it into their platforms. We will focus on the gambling market in Africa, where most of gambling transaction still go through the banking system. For COWRY to be mass adopted, we shall work with licensed betting Platforms in this jurisdiction, this will allow us use their Platforms for advertising and promoting it. Although, our focus is the adoption on COWRY in the gambling industry, we shall not restrict its use in it alone. The contribution of COW to the cryptocurrency revolution is to usher in user-friendly devices to facilitate mass adoption. We will do this through a combination of first-of-its-kind partnerships and unique business models. It is our future goal to sustain the position of COW as a medium of exchange, unit of account and most importantly a store of value, therefore meeting the characteristics of money.
Upon the success of other cryptocurrrency projects, many projects began to clone them. Some of these clones promise to solve some of the world’s problems. However, many of them failed or ended up being total scams, which subsequently creates doubts about the mass adoption of cryptocurrency as a means of payment. Some were even promising huge ROI, thereby creating hyperinflation and a subsequently sharp drop in price. Besides, some of the projects never had actual plans or how to achieve them.REASONS YOU SHOULD INVEST IN COWRY1.The Maximum coins that can be minted within a year cannot be more than 525,600. 2.The coin has got a fixed and sustainable reward structure. 3.It supports its own gambling/betting platform. 4.At least in the first two years of the coin’s lifespan, there will be scarcity of the coin; this will further be boosted with the demand for COW on the gambling platform. 5.You can generate income through staking, Masternodes and Locking (To be available on the gambling platform).
COIN SPECIFICATIONSAlgorithm : Quark
Type: POS+Masternode
Block reward: 1.00 (fixed)
Masternode Collateral :1000
Masternode reward: 80%
Staking (POS) reward: 20%
Block Time: 60 seconds
Total Maximum Supply: 50,000,000
Premine: 140,000 (0.28%)
MASTERNODE REWARD STRUCTURE
NUMBER OF MASTERNODES ESTIMATED ROI
5 8409.6%
10 4204.8%
20 2102.4%
40 1051.2%
80 525.6%
100 420.5%
200 210.3%
COWRY IS INTEGRATED INTO COWRYBET
Cowrybet is an Online Cryptocurrency Sportsbook that accepts Cowry as its payment method. The betting Platform provides an opportunity for people to place bets online irrespective of their location.
Official Website https://moneycowry.com/
Betting Platform https://cowrybet.net/
White Paper https://moneycowry.com/wp-content/uploads/2019/03/Cowry.pdf
Block Explorer http://explorer.moneycowry.com/
Block Explorer 2 http://cowexplorer.com:8081/
Official Discord https://discord.gg/VdReQqb
Official Twitter https://twitter.com/Cowryofficial
Wallets https://github.com/moneycowry/cowry/releases
Github https://github.com/moneycowry/cowry
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