Hey guys, so here is the link to the document for the Rootcoin Referral Program:

https://docs.google.com/spreadsheets/d/1I2dTdOIoowKB5YcVPUfrLgw-kMuK6z8xhAhiZOCEqM0/edit#gid=0

The program will reward community members for encouraging a new Bitcointak user to download the Rootcoin wallet, purchase at least 1000 Rootcoin from an exchange, and then hold and stake those coins for at least 1 month. Once this has been verified as legitimate by myself, Bitsta, and Studio1one both the referrer and referee will receive a 50 Rootcoin reward for each 1000 coins purchased, up to a maximum of 100 Rootcoin per user (for 2000 Root purchased).

The rules of the program are as follows:

1. No newbie accounts.

Both the referrer and referee must have accounts at least a month old, and the referee must not be an existing root holder (May not have made any posts in this thread).

2. The coins must be bought from an exchange.

This should be fairly easy to verify via the txid and wallet addresses, as it is mainly just bittrex where Root is being traded currently.

3. The coins must be held either in cold storage or staked for at least one month from the initial transaction.

This can again be verified in the blockchain that the referee has not sold the coins again and then re-bought at a later stage to claim the reward.

4. People may only be referred once, and there is a limit of 5 referees per person.

I have personally offered up 500 Root from my own holdings towards this program, Bitsta has also offered up an additional 3500 Root. So currently there is 4000 Rootcoin up for grabs. These coins will be sent to a wallet of which the address will be made public, and only after verification by myself, Bitsta and Studio, will the rewards be transferred to the eligible recipients.

Feel free to share this post however you wish, and if anyone would care to support the program and to donate a few more Root to the fund then just PM me and I will give you the details of where and when to send the coins to the public wallet address.

Good luck!

How much of IPO shares been given out?

It is still cheap to mine.

At current difficulty of 422. The cost of production is 0.00009535 per coin.