Original Thread
https://okcashtalk.org/index.php/topic,2134.msg2759/boardseen.html#newhttps://okcash.news/okcash-star-wars-ftw-youtuber-geetsly-now-an-okcash-partner-25c73109b73c
In the past few months there has been wide circulation of rumours about more Youtubers and Gamers joining Okcash. The first Youtuber is finally revealed, the Youtuber Geetsly is now in partnership with OKcash.
Geetsly just released a new video, where he makes an introduction about OKcash and briefly describes the future implementation of Okcash for the channel and his community.
Geetsly, a content creator focusing on topics relating to Star Wars, unraveling facts, hidden mysteries and highlighting a range of events in the Star Wars Series, Games, and the Story itself.
OKcash Collaborators had the pleasure of having a conversation with Geetsly about a sponsorship, after a conference call, both OKcash and Geetsly came to the agreement of integrating the cryptocurrency as a featured future development project where users will be able to exchange games, on the platform of the IntergalaticLounge. For Geetsly’s and the OKcash community, “this is a new a day, a new beginning”, spoken by Ahsoka Tano .
The OKcash community are strongly fervent and supportive for any collaboration. It’s the vision of being the next widely-used cryptocurrency, with the philosophy to ‘decentralize everything and empower everyone.’
The future of currency is cryptocurrency, and it’s the philosophy at OKcash where we think that currency should be decentralized, through a secure network, transparent [through the OKcash Blockchain], Open-Source and Positive for Innovation. Since the creation of OKcash in Nov. of 2014, we’ve established partnerships including Microsoft Azure with the Blockchain as a Service [BAAS] ecosystem. We want to maintain our partnership with Geetsly and his community by strengthening and assisting them during this process of integration.
Most users can start-up your own OKcash wallet’s through the OKcash Bot, currently implemented in the Geetsly Discord Server as well as the OKcash Discord Server. Users are automatically assigned addresses [which can be found by using the command: .deposit]. You can purchase more OKcash, by first purchasing Bitcoin then depositing it into an OKcash accepted exchange, such as Bittrex, Cryptopia, Bleutrade, and Yobit. Once you’ve purchased these coins, you’re able to withdraw these coins into your own wallet. Your finally able to stake your coins, and to receive rewards for doing this, as of now the current staking rewards for this year is at 10%, which means if a user was to have 100,000 OKcash, throughout the year the user will receive small amounts of rewards and by the end of the year the total would amount 10,000 OKcash. If you want to sell your OKcash, you can do so through LiteBit, a site which converts OKcash to euro. Using Litebit you can directly purchase the cryptocurrency through various payment methods, including Ideal, Sepa Bankwire transfer, SOFORT, and GiroPay.
Now this is a Proof of Stake algorithm, using the block halving process, which is why OKcash is a long-term sustainable staking [L.T.S.S.], using this system allows for the regulation of inflation, protecting the currency’s value. Through the Point of Stake algorithm, rather than Proof of Work [used for Bitcoin], people don’t need expensive equipment in order to get the coin, the more coins a person has the more mining power they have, allowing them to receive a larger stake, and compound on their coins.
More on that here:
https://medium.com/@OkcashNews/okcash-block-halving-1ead085e6facIf you want to get some free OKcash, go on the OKcash discord server, where there is frequent soaks and rains, a soak and rain essentially is the distribution of coins provided from a host user. The difference between the two, is that you receive soaks, if you’re within a 30 min time frame from the last moment you remained active on the server. Whilst rains are received to users who are currently active on the server. This distribution process can be simply explained by this: if there are 100 users online, and a user rains 100 OKcash, everyone will receive 1 OKcash each.
We at the OKcash Community are proud to be associating with The Geetsly Community, we know this is a new concept, this integration is a gradual process, which is why hopefully both communities can share ideas, assist with any difficulties so it can be conducive to exploring future developments and innovation. It’s from this moment forward where we want to maintain strong bonds, and grow opportunities between one another.
