Coin2, C2 - a 'forward thinking' fork of Litecoin which uses scrypt as a proof of work scheme and is intended for bartering of goods and services. This coin was fully minted within hours of mining the genesis block.
97.5% of the coin will be distributed (given away) to the first 1000 people with a wallet. This will encourage usage of crypto currency among people without the means to mine or technical "know how" and encourage development of crypto currency in the marketplace beyond mining.
Coin2 prouds itself on being the most greenest and ecofriendly coin, in the crypto space where precious energy is being wasted just to provide a fair share of the coin. C2 completely eradicates the need for mining and only little percentage of hashing power is needed to keep the network working and secure.
Specifications -
-Each of the 1000 initial people received 48,750 coins.
-50,000,000 total coins
-Subsidy (reward) will change to 0 coin after the first 50,000,000 coins. The network will stay alive to process transactions and 0.1 C2 tx fees will be the reward.
-The remaining 2.5% of Coin2 will be used for marketing and future projects (i.e. QR code debit card and merchant services). These coins will be sold Q4 2014 - Q1 2015.