[ANN][ICO] Half Life - 2% Monthly Interest on Quantity of Coins!

[HalfLifeXHL]

Hello, I am aware that I am a new user here, however I have been looking into blockchain technology for a while now and I've decided, with the help of Ethereum and smart contracts, to create a new coin that I think will be of interest to investors. This coin aims to be a form of currency that focuses on trading and profitablity. With the help of users the value of the coin can grow and regular participants and holders will have the opportunity to grow their coins at a monthly contract driven interest event.

Introducing Half Life

Token Address: 0x88167000b5da911f7a79d8f19adec06c8c4defc2

Name: HalfLife

Symbol: XHL

Decimals: 18

These coins are an ERC20 token and can be held in MyEtherWallet or MetaMask etc using the details above.

This coin accumulates 2% interest every month for those that participate in the monthly event. The monthly event is operated by a custom smart contract that receives tokens for 24 hours each month between the 1st and 2nd of the month, and sends back the same amount of tokens + 2% interest. Should you miss the 24 hour period, the contract will simply send back the original amount of tokens. I will make the event contract source public once it is complete so that you know there are no scams or anything.

The total supply is 50,000,000 XHL and for the ICO I wish to distribute a limited amount of 6,000,000. The rest will be used for the monthly events, which means the total supply will grow,
 however I believe that with the low but profitable interest rate, and investors, we can as a community create a coin that can be a solid investment within a saturated cryptocurrency marketplace.

The ICO will take place for a week, I do not wish to take a lot, as that is not what I'm interested in. What I want from the ICO is to establish a baseline for the coins value.
Here are the details:
ICO Supply: 6,000,000 XHL
Cost: 1 ETH = 30,000 XHL
Funding cap: 200 ETH
Resulting approx. USD Price: $0.01
Dates: 9th November - 24th November

ICO IS NOW LIVE! Contribute at 0x05CBfA393D0D7ddd6E16cee4D7fd12C600e74c3d

First interest event: 1st December 00:00 GMT - 23:59:59 GMT

With the low USD price for the initial circulating volume we should be able to increase this coin in value substantially, if everyone took part in the first interest event, assuming the ICO sells out, this would increase the supply by 120,000 XHL. Once the maximum supply of 50,000,000 XHL is reached, the interest events will cease to exist. This should take well over a year to happen. Therefore early adopters will be rewarded in time. With the steady growth of circulating supply I do not think the coins value will be effected too much each month.

I'm more than happy to take suggestions on this idea, however I hope you all like it!

[master2080]

This coin does not have a specific usage other than focusing on trading and profitability.

Then what's the point?
What will give it value? Your imagination?

[HalfLifeXHL]

Maybe I worded that wrong. I've updated it.

This coin aims to be a form of currency that focuses on trading and profitablity.

[master2080]

That still doesn't explain why it needs to exist nor why it will have any value.

Care to elaborate? We have enough coins for trading, what makes yours any different? Some starting bonus for ICO buyers?

[HalfLifeXHL]

The idea is that the fact that it accumulates interest every month gives it value. On a large scale this can make it profitable every month for holders and investors which should make it appealing to people. The more appeal the more value, and the more exposure.

[master2080]

The more appeal the more value, and the more exposure.

I am asking what will give it that appeal?
If you get more coins just for having them, that makes the price go DOWN, not UP (more supply with the same demand).

[HalfLifeXHL]

I believe that the steady increase in circulating supply per month, the price will not be impacted as much, and whilst people get on board, the demand increase will exceed any value loss from the supply increase, because it is gradual and steady.

[dss1986]

OMG Gordon Freeman is back.

[zemelax]

oчeнь opигинaльный кoин.

[lanmao]

As a project,  no website, no team information, will start to ICO, don't you think it's all rather a rush? little information is hard to evaluate this project future.

[Colorblind]

Yeah, having no practical use/value this is worthless...

[mp5navy16]

This name of this coin make me remember about Counter strike game - half life 

[HalfLifeXHL]

ICO is live! Currently working on the smart contract for the interest events.