[PRE-ANN] Nyquist [NYQ] [PoW/PoA][Embedded CPU][Mobile][JS/Web] [ICF] Initial Coin Funding (Seed)
Dear Fellow Crypto Enthusiasts
We are a team of anonymous blockchain consultants, software and marketing professionals. We are building a Embedded Systems / Mobile and Browser Minable Decentralized Crypto Currency targeting the 680b$+ ISP and Telecom Industry and the multi billion number of IoT devices segment. Our goal is to make internet and voice calls free, offset electricity bills, make the internet as well as software ad-free and be a universal utility and general payment method. In the near future, your router or your smart phone, 4g dongles would be mining NYQ to pay or offset your internet and voice bills. Your smart TV would pay its cable or Netflix subscription. They all have embedded systems in them that are most of the time under utilized, and our mining software would utilize the excess computing capacity transparently. Moreover the excess mined NYQ would give you interest, your smart devices and IoT enabled appliances would offset their own cost over months or years this way making them essentially free and assets. You could also use NYQ to pay for goods and services through a mobile wallet that makes payments easy and smart. Imagine a world where your TV, toaster, router and smart phone make money for you when they are not in use. We also plan to build ~5$ IoT mining boards that USB charger and other device manufacturers can integrate so that their devices can mine NYQ and pay for the carbon offset costs and electricity that they and connected devices use.
To set up the whole initial IT and Company infra we need about 200k$. We had real investors for the same but we declined each as they try to buy us, our ideas,our ideals and control us to make a quick buck.
We hope to raise 200k$ in this ICF from a limited number of anonymous crypto investors (10-40). We would be able to give a 10x ROI via the ICF premined 20M NYQ pool holdings distributed proportionally before ICO. ICF investors can choose to hold their NYQ or offer them for sale during ICO giving a min 10x ROI. We accept only BTC at this address:
BTC 13RfZHsSyQ9RbiBi7shUL1BDPUt2RuoS8P BTC
We want a open decentralized economy for NYQ for industry adoption. We hope to make money with consulting, building applications and interfaces that leverage NYQ such as on Embedded Devices / IoT / Smart phones / Web and Smart Devices.
Proposed Basic Specs
Total Supply (Potential Difference V): 1B NYQ
Block Interval (Current I): 120s
Half Life: 10 years
Difficulty (Resistance Ω): Self Adjusting
Name and Symbol: Nyquist (NYQ)
Smallest Unit: Hertz (Hz)
Other units: kHz, MHz, GHz, THz
Low fee, fast transaction
Anonymous (One Time Ring Signatures)
Interest bearing
Minable on Embedded System Targets (Routers, Smartphones, IoT, Smart Home Devices, ARM, MIPS, x86 32/64 bit CPU variants)
Browser / JS minable
Address Aliases: +johndoe@example.org
Android App and Wallet
Web Wallet
Hardware wallet support
Algorithm: CryptoNight PoW/PoA variants
Premine (pV): 210M NYQ
Premine (pV public ICO) distribution: 100M NYQ
Premine (pV ICF) distribution: 20M NYQ
Premine (pV Founders) distribution: 80M NYQ
Premine (pV Community) word of mouth marketing distribution: 10M NYQ
Founders and ICF Investors can choose to sell their premine NYQ hoding during ICO bringing the cap to 200M NYQ
Minable from day 1 after ICO on browsers and smart phones.
Bootstrap price per NYQ at start: 10c (USD)
Global Hexa Mining Pool with Gamification where winner takes 10% of the total of the other teams every 60mins. (Red Orange Blue Purple Green Cyan Teams) Goal is for users to buy more NYQ enabled devices to increase winning odds and strengthen the network and ecosystem.
Whitepaper coming soon
Proposed ICF date: Today till Jan 10
Proposed ICO date: March 1
Proposed ICO Duration: 1 Month (30 Days)
Proposed listing on Exchanges and Partnerships: After ICO
Hope you will join the resistance and be part of the foundation of the future.
posted on behalf of Cryptoexile
Founders get 40%? And you're planning to ICO. Not like.. hey, 40% of this goes into a DAO foundation to fund the coin but.. We're taking 40% of the coin AFTER you all pay us for 50% and we dilute the market by air-dropping the remaining 10%. No thanks.
