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Author Topic: [ANN][SAR] SARCoin  (Read 22631 times)
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July 04, 2016, 11:28:51 AM
 #1

Official SARCoin thread.


SARCoin (SAR) is a 100% PoS cryptocurrency aimed at easing introduction and providing merchant friendly payment options. Backed by Krypto Commerce International S.L located in Seville, Spain, SAR is not your average crypto endeavor.

Specifications

Coin Symbol: SAR
Algorithm: SHA-256
Nature: 100% Proof of Stake (PoS)
Initial Supply: 250 Million
Number of Premined SARCoins: 250 Million
Block Time: 1.5 minutes
Transaction Fee: 0.0001 SAR
Stake Interest: 5%
Block Maturity: 50 blocks
Minimum Coin Age: 5 hours

Links

Block explorer
Blocktalk

Markets



Distribution

SARCoins 100% premine is distributed via our PoolMiners platform. The intention behind this is to lower the entry level for those not familiar with mining, getting new users into crypto that would otherwise find it to complicated. The distribution schedule is structured to a similar manner to bitcoins decreasing blockwards, starting with 68k SAR distributed daily, for the first year. The distribution schedule is planned for a 20year period at which point all of the premine will have been distributed to users. As of today (2016/6/7) the PoolMiners platform has a little under 4k active users, getting a share of the daily SAR distribution (68k).

Although the vast majority of revenue the distribution model produces goes back to users in the form of referral commissions (up to 77%), the model also funds marketing and development of both SAR and our various services.

As the premined coins are locked in this distribution model, not a single coin has, or ever will land on the market, without going via users first.

Services

We are proud to announce our first Visa debit card service. PoolMinersCard allowing users of PoolMiners to spend BTC and SAR without merchants having to lift a finger.

We are developing a second debit card service planned to go live in the next couple of months, that will have open registration, and support BTC, SAR, and two other popular altcoins upon launch, with more in follow in future updates.
 
Sponsored events



We recently sponsored Mountain Quest 2016 and are the main sponsor of the upcoming Douro Bike Race in September.

The team

I'm Luke Williams, The Blockchain Doctor, the Chief of Chains, the Honcho of hashes, the fintech phenom and the Nonce value Cool Better known for developing Iquidus Explorer, a popular open source block explorer used by a very large number of coins, and a core developer of Jumbucks alongside Julian Yap. I started consulting for KCI in January 2016, and am now a co-owner of the company, heading our crypto R&D department. I recently packed up my stuff in New Zealand and moved to Spain to focus full time on SARCoin and developing our crypto based services.

Sasa' D'Arco, our resident mafioso takes care of general operations. He's the heart of the company, keeping us all on track, and ensuring everything runs smooth.

Ruben Arcas, is the face of the company, taking care of marketing, organizing partnerships, doing webinars, and is the man behind our educational platform, KryptoAcedmy.

The four us own KCI, but our team is always growing. With a full time designer (redoing our websites), full time tech support and a handful or other developers, of which we are in the process of hiring more. Although we are based in Spain, we are a diverse bunch, coming from New Zealand, Italy, Pakistan, Morocco and Spain, most of which also speak multi languages allowing us to educate people often ignored by the rest of crypto.





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July 04, 2016, 11:30:40 AM
 #2

reserved

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July 04, 2016, 11:38:58 AM
 #3

Why post ann like this? Cant you wait to have more info, and then go with ann?
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July 04, 2016, 11:39:28 AM
 #4

Algo ? Miningpool ?


            
                          
                    
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July 04, 2016, 11:47:44 AM
 #5

Old coin so i guess there is a takeover ?
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July 04, 2016, 12:00:12 PM
 #6

whats this?
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July 04, 2016, 12:01:57 PM
 #7

Is this the coin Huh??



http://www.sarcoin.com/


            
                          
                    
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July 04, 2016, 12:08:33 PM
 #8

I found this about the coin !





Specifications:

    Coin Symbol: SAR
    Algorithm: SHA-256
    Nature: 100% Proof of Stake (PoS)
    Number of Premined SARCoins: 250 Million
    Block Time: 1.5 minutes
    Transaction Fee: 0.0001 SAR
    Stake Interest: 2% for the first & 1% upcoming years.
    Block Maturity: 50 blocks
    Minimum Coin Age: 5 hours



            
                          
                    
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July 04, 2016, 12:14:14 PM
 #9

An old 100% PoS coin with 2% annual interest?
What's even the point?
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July 04, 2016, 01:04:57 PM
 #10

Watch it on bittrex first

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July 04, 2016, 01:44:40 PM
 #11

PoS how get some coins?

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July 04, 2016, 01:48:46 PM
 #12

Holy Crap it's got good volume and a big price!
Well when you got the full OP up we wouldn't mind translating into Chinese to earn a few SARS..Is it to help defeat SARS or does it mean anything else?

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July 04, 2016, 04:57:27 PM
 #13

Not new.

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July 04, 2016, 06:00:15 PM
 #14

Watching this one Cool

Why?  What is there to see?
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July 04, 2016, 08:52:31 PM
 #15

Caution, this is a premined POS coin with a multilevel selling scheme.

Multisigna, multisignature exchange (referral)
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July 04, 2016, 08:53:59 PM
 #16

Is this a take over?


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rindo
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July 04, 2016, 09:04:19 PM
 #17

this is old coin right ? take over or whatever it,i like this coin

siameze
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July 04, 2016, 09:07:47 PM
 #18

this is old coin right ? take over or whatever it,i like this coin

I like to coin too but I want to know what's happening take over or not.


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                                        ▀█▀
LetItRideINNOVATIVE ▬▬▬
DICE GAME
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
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PROVABLY
F A I R
▄█████████████▀ ▄█
██            ▄█▀
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xocel
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July 06, 2016, 10:32:03 PM
 #19

OP updated since you guys are all being so antsy  Tongue will update more in the coming days.

bitdoger
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July 18, 2016, 08:39:15 AM
 #20

it seems this coin is old but where is more info about it? can somene gave me more info about coin?

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