Proof-of-stake & Masternode profit sharing on Ethereum smart contract
About Project
PNC tokens are an ERC20 tokens that represent a share of a pool of funds used to stake in proof-of-stake (PoS) crypto currencies and the creation of masternodes. Staked token holders receive a fair share of rewards paid out by masternodes.
After the presale and ICO phase, Publicnodes.com Network receives 5% of the raised Ethereum fund for development and pay for initial operating costs and remaining 95% of the total Ethereum for the investment pool. Bmore group ltd. will also receive 10% of the total PNC Token sold which will be locked and untradeable for 3 year and its rewards will be used to grow the funding and infrastructure. Rewards from non stacked PNC tokens will be placed back into the pool for additional growth. After launch, there are no additional fees or percentages taken from rewards that are paid out. Currencies using PoS or Masternode include Dash, XEM, NEO, PIVX and soon Ethereum. No more than 6 billion PNC token will be released during Phase One of the ICO. Phase Two will see another 6 billion tokens as Ethereum move to Proof of stake. Phase Three will see another 6 billion token release at a much later date of future and if there is no Phase Three remaining tokens will be burned.
The whitepaper
http://www.publicnodes.com/The_Whitepaper.pdfwebsite
http://www.publicnodes.com
