Hi guys Tony here with an proposal for you all to feast your eyes upon.
I have been testing and would like to release my own
POW/POS SCRYPT coin to help grow and maintain my mining pool. Although the profits of my mining pool goes back into the running off the pool, I would like to expand my server to allow for other coins to be added, such as Bitcoin and Dogecoin.
I am proposing quite a high premine of 68% giving us 53,550,000 coins and a total coin production of 78,750,000 and I would keep 27,310,500 as company shares and 26,239,500 shares will be up for an ICO to raise money for server expansion and maintenace etc... I will be looking for an escrow holder to help look after the funds and ensure no abuse to the balance.
The coins earnt from mining will be used two ways:
1) To pay for upkeep of server/improvements/advertising/development.
2) Buying back the coin on exchanges and improving the price.
The POS/POW will be 20% per year and the ICO will be 0.0001BTC.
If you have any thought or suggestions on this, I am more than happy listen.
Thanks
Tony
**Update 1**For ICO purchases the following BTC address will be used:
1LojmaRzNP6AH7EbyDJSazRwmpv6F5xF1R
Please message me with TX ID and your CryptoCoinMan wallet address for shares.
Mining Poolwww.thecryptocoinman.comWindows Wallet Download
http://www.thecryptocoinman.info/downloads/cryptocoinman-qt-windows.zipBlock Explorerhttp://www.thecryptocoinmanexplorer.com/Anything that has already mined will be also be included in the ICO!
Tony
**Update 2**To mine the coin please point your miners to the following:
www.thecryptocoinman.com:9032 u YOUR WALLET -p X -
This is Vardiff port
Tony