Today I would like to tell you about
the most recent exciting project called
Resource Coin.
The slogan of this project is the expression:
All you need to achieve your goals are resources.The aim of the project itself is to provide these resources.
The main idea of this project is the similarity with conventional resources:
namely, their limitations and the fact of increasing the cost when they is depletion.
But about all under the order.
The creators of the project developed a smart contract based on the ERC20+ standard,
adding several interesting methods. Each token of this contract is referred to as a
resource.
8'551'000'000 and not resource anymore ⛏️With regard to the amount of resources released, it corresponds to the projected
number of people in 2030, namely, 8'551'000'000. No provision has been made for new resources.
This means that 8'551'000'000 is the maximum possible amount of resources.
The contract also includes methods for buying and selling resources for the ether.
A remarkable feature of the sale price is always equal to the purchase price.
In addition to the possibility of obtaining and transferring resources,
each owner of the resource has the right to destroy their resources
or take part in voting to destroy publicly available resources.
Why destroy resources ☢️The number of destroyed resources directly affects the price of buying and selling resources.
At the moment, the cost of one resource is only 1 finney or 1/1000 ether.
Is the price is minimum, and further, when the destruction of resources will only grow.
The creators of the project give in his blog a simple task:
Alice bought 1'000'000'000 resources for 1'000 eth,
Since then, half of all resources have been destroyed.
How much will be cost her resources ?The answer is hidden in the price update formula written in the contract itself.
newPrice = 1 finney * initialResourceCount / totalResourceCount
Thus, the price will be increased in two, and the cost of Alice's resources will be
2'000 eth.
Half destroyed, unless she sells out ☢️The creators of the project provided access to the destruction of 4'275'000'000 resources,
that is half of all resources. The exact dates and quantity will be determined on daily voting,
participation in which will to accept all wishing to owners resources.
In the meantime, the creators of the project, want to provide an opportunity
for all people to purchase the coveted resource.
Hence, in the near future it is expected that the cost of resources will be increased by at least two.
Resources are publicly available and unwavering 👑In addition to the transfer of the resources themselves to the contract,
all ownership rights were transferred to the contract. This is done to protect public
resources from being managed by any particular user. As for the duration of the contract,
it is equal to the lifetime of the ether itself. As long as there is ether, there will be resources.
The developers of the contracts removed methods for the destruction of the contract, as well as workarounds.
Bitcointalk:
https://bitcointalk.org/index.php?topic=2839665Twitter:
https://twitter.com/ResourceCoin
