GRAVITY PROJECT
DECENTRALIZED MARKET PLATFORM FOR COMMUNITY DRIVEN PROJECTS
To create what we have promised on the SYNX Roadmap and not only, it’s necessary that we create a new coin with a new code, that can run on the Platform, as the current Syndicate code is not allowing us to build without any limitation.
WorkX, Radix and the new wallet with integrated governance Platform, will all be a part of the new Gravity Platform and GRAV currency.
We will try to keep it simple for now, Gravity Project whitepaper will be released shortly after the airdop/snapshot.
Specifications:Block time: 1 minute
Block reward: 1
POS Block Reward: 30%
Masternode Reward: 70%
Masternode Collateral: 5000 GRAV for servicenodes
Difficulty Retarget: Every Block
Total max supply: 13M GRAV
How will it work?1.At block
957719 all addresses will be eligible to collect GRAV (the currency of Gravity) upon release.
2.They will be paid out at a
5:1 Ratio (5 SYNX / 1 GRAV)Countdown to snapshot is available on our website:
http://www.gravitycoin.techHow to take part?We are in discussions with exchanges to support the snapshot, but to be 100% sure you will receive the new currency, we suggest keeping SYNX in your desktop wallet.
1. Move your coins in your wallet before block 957719 (the coins must be in your address when the block occurs).
2. Extract the private key
3. Import the private key into Gravity wallet.
Step-by-step1. In your Syndicate wallet create a new receiving address
2. Send all your coins to that address
3. Extract Private Key:
- Click Help, Debug Window, then click the console tab. In the box at the bottom type dumpprivkey <your address> (the address with all your coins)
4. Save the resulting key to a safe location
Done!To collect your GRAV when the client is available:
- Click help, debug window, then type in the box at the bottom: importprivkey <your private key you extracted from SYNX>
Christian Grey, Andrew Racott & Luka Vilar will keep working on SYNX. A new coin was needed for the GRAV projects. Teams will continue to help each other.