Nitrous
Boosting the Masternode & Cryptocurrency Economy
Nitrous is a PoS/ Masternode based cryptocurrency, but before we introduce our coin, it's important that we give you a little insight about our goal and why we are here.
Before we discuss anything about Nitrous and why it started, let us first introduce ourselves, your two Nitrous devs/ founders, @NitrousDev#7584 (Discord) and @kingcrypto#2734 (Discord). Both of us are developers with over 25 years and 5 years of experience in IT & programming, respectively.
@NitrousDev specializes in internet technology and blockchain development. With his 25+ years of hardcore experience, he led the development team that is responsible for our unique Nitrous (N2O) blockchain. He is always working behind the scenes to ensure the chain is running properly and securely. While launching Nitrous, our development team has spent a significant amount of time going through extensive testing; breaking and restarting the chain until they couldn't break it any more. In another sense, our developers know every corner of our chain and how to configure things without breaking the chain. The goal is to give the community solid software that maintains the privacy, security, and stability of the blockchain at all times.
@King Crypto specializes in app/ web development, graphic design, and marketing. Over the last three years, he's done heavy marketing and business consulting— kickstarting many successful projects and startups. Thus far, he's been leading our marketing (includes design) and app (includes wallets)/ web development team, and he'll be representing Nitrous in all our up and coming business relations. He's also spent a respectable amount of time preparing all of our graphic designs, and ensuring that we have a Macintosh wallet ready and an Android wallet under development by launch time.
We will be your leading team for Nitrous and promise to always drive this project towards the victory/ finish line. As a vow to how much we value our work and our work ethic, let's just say that your fellow Nitrous founders have spent over 30 hours perfecting this BTC Talk ANN thread alone.
Let’s talk about Nitrous now.
Our main purpose is to become the leading & FIRST cryptocurrency used in the aftermarket car parts, and eventually expand our reach to utilize Nitrous (N2O) in other ways (i.e. having race events accept payments in N2O). The aftermarket car market is $400 billion a year. We want to gain a small piece of that through partnerships with established manufacturers and distributors to accept Nitrous (N2O). We will approach that goal through an e-commerce site and mobile apps to aggregate that business— and eventually— be the go-to aggregate provider of aftermarket car parts. The whole infrastructure of such will be fueled by Nitrous (N2O). That business segment tends to be behind many others in technology, so it could be an easy, but meaningful step in streamlining B2C and B2B commerce.
Used under Creative Commons Attribution-ShareAlike 3.0.
Not to mention, over $4B of online sales were made on mobile devices. Not only will using Nitrous (N2O) be safer and more secure, but it will speed up the process as our transactions between vendors and buyers are instant. For that reason, also, we are already progressing in our mobile wallets (iOS, Android) and are expecting release in the coming month.
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One of our goals is to create a PoS/ Masternode cryptocurrency that will not only be profitable for all those involved, but will sustain growth as coins are created to reward masternode and coin holders. Many cryptocurrencies fail within weeks, if not days, of their launch. The reason this happens is that in order to attract investors with a high published ROI, the rewards themselves must be unsustainable. The overall concept is called inflation. As with the fiat economy, more money put into the money supply can cause instability in the economy. High inflation is bad; however, inflation itself is not.
Over the last weeks and months, we’ve carefully studied hundreds of cryptocurrencies to find the balance between high rewards and sustained value for Nitrous. After many calculations and deep analysis of the market, we’ve come up with a system that we think will accomplish both: high rewards and a stable currency.
In order to achieve that, we’ve implemented a few things that we believe to be the missing pieces to the difficult puzzle of cryptocurrency, especially masternode coins. First, we must have a purpose. Unlike most coins, our purpose is not to just create a coin. We want to do an experiment. We want to find out what happens when developers and the entire team involved with a cryptocurrency takes it seriously, deals honestly with its holders/ community, and is 100% committed to changing the masternode coin story. As our name implies, we have a specific goal in mind which we've explained above, but we'll share more plans and updates as our direction solidifies.
First, we’ve implemented a rewards system that is lucrative to masternode and coin holders while keeping a lid on inflation.
Nitrous Boost is our steadily increasing rewards system that we use to maintain or accelerate profitability of existing masternode owners as new masternodes come online. We want to reverse the downward profitability trend inherent in creating cryptocurrency (true of PoW, PoS, and masternode infrastructures). So as more masternodes come online with Nitrous, you will be seeing more rewards rather than less, and that’s even if the price doesn’t increase like we expect it will.
June 26th, 2018: BUY-BACK #1
The Nitrous Team has bought back around 13,000 N2O coins today at the cost of 0.65 BTC.
Raising the price from 0.00001200 BTC to 0.00007000 BTC on BOTH exchanges.
Buy-back distribution:
CoinExchange.io: 0.356 BTC
Crypto-Bridge: 0.244 BTC
And in an effort to maintain complete transparency, here's our Crypto-Bridge account tag made just for our Nitrous Boost Program: @nitrous-official
You can check our CB account to verify for yourself the transactions we've done.
YouTube video that shows our buy-back in action: https://youtu.be/iJRotB5ycsY
The dev team has done their part and kept the promise. Be mindful that we'll always do everything in our reach to keep our promises no matter how complex or challenging they are. We know our capabilities which is why we promised them in the first place, and we have a clear cut plan for everything. Today we proved to everyone that we believe in our own project. Now it is your duty now as an investor to help our community grow and spread the word on what's to come. 
, in an effort to fight inflation even more, we are implementing a monthly
Nitrous Burn. On a predetermined schedule, the Nitrous team will periodically buy back coins from the open exchange at the initial price of the coin and burn them. That’s right, we will be investing in our own currency to increase your value by taking sell orders that are below our initial offering price off the market.
Third, we’ve established a
60%/ 40% split on block rewards between masternode owners and stakers. Stakers are no less important than masternode owners. While masternodes basically run the network, stakers provide the security. And since there is less risk as a staker, there are a couple of benefits masternode owners get— masternode owners get a larger portion of the block reward. They also do not have to wait 12 hours for their coins to mature before they can generate more coins. Masternode coins are always eligible to mint new coins even immediately after they do so.
Fourth, our roadmap is exciting. We plan on taking Nitrous where other currencies haven’t been. No one can reveal to you where that is yet, and we’re not going to make promises we can’t keep. You will only see facts from us, backed up by data. We’re not sending humans to Mars, and we’re not “changing everything”. Our first step is to create a viable cryptocurrency along with a strong community of our peers who will have a hand in shaping it for the future.
Oh yes— we also securely and privately deliver instant transactions anywhere in the world. It’s what most cryptocurrencies call a "goal". For us, that’s what we call a good place to start. 
One-Click Masternode Setup
BTC ANN Thread Translations
Collateral: 10,000 N2O Coins
Masternode Monitoring/ Statistics
Masternode VPS Setup Script
There will be no need for addnodes in your configuration since the network was fully configured before launch.
Launch Preparation
◙ Genesis Block (Complete)
◙ Block Explorer (
Complete)
◙ Windows 32-bit Wallet Release (
Complete)
◙ Windows 64-bit Wallet Release (
Complete)
◙ Linux Wallet Release (
Complete)
◙ Macintosh Wallet Release (
Complete)
◙ Finish Easy-Masternode Setup Script (
Complete)
◙ Temporary Website Launch (
Complete)
◙ Discord Setup (
Complete)
◙ Logo Design (Complete)
◙ Graphic Design (Complete)
Exchanges
Masternode Monitoring
◙ Masternodes.Online (
Complete)
◙ Masternodes.Pro (Complete)
◙ Mnode.club (Complete)
Developments
◙ Official Website Launch (Complete)
◙ Android Wallet (In Progress)
◙ Whitepaper (In Progress)
◙ iOS Wallet (Planned)
N2O AIRDROP:
IF YOU BELIEVE YOU WEREN'T PROPERLY COMPENSATED FOR A COMPLETED BOUNTY, PLEASE CONTACT ME DIRECTLY ON DISCORD @kingcrypto#2734
TRANSLATION BOUNTY - Open
Feel free to reserve BTC Talk ANN translation of your language. First come first serve. Must have previous experience or be proficient/ native in the desired language.
- Russian (Complete), need one more to review.
- French (Reserved)
- Portuguese (Reserved)
- German (Complete)
- Indonesian (Reserved)
- Greek (Reserved)
SUGGESTION BOUNTY - Open
Think you have good marketing ideas? Sure, we believe in you too. Give us your suggestions and if we think they're applicable/ beneficial to the Nitrous community, we'll take your suggestion and reward you for it.
STEEMIT BOUNTY - Open
Calling all Steemit veterans or even starters! We're open to discussion about a bounty amount for Steemit writers to write about Nitrous (N2O) on a weekly basis. Message us on Discord (https://discord.gg/6Cyjxaz) or inquire below, as you wish. GRAPHIC DESIGN BOUNTY - Open
Calling all graphic designers/ artists! If you'd like to make any graphic/ sketch/ 3D variation of our own Nitro (below), feel free to do so and you will be rewarded! Our design team is always working and any contribution from our community is very welcome. Message us on Discord or comment below if you're interested.
SIGNATURE BOUNTY - Open
Post this signature in your profile and receive weekly bounty based on your rank:
◙ Newbie: 10 N2O per week.
◙ Copper: 15 N2O per week.
◙ Jr. Member: 20 N2O per week.
◙ Member: 30 N2O per week.
◙ Full Member: 40 N2O per week.
◙ Sr. Member: 50 N2O per week.
◙ Hero Member: 60 N2O per week.
◙ Legendary Member: 70 N2O per week.
For Jr. Member to Sr. Member:
[center][url=https://bitcointalk.org/index.php?topic=4429403.msg39532802#msg39532802]❍ Nitrous Coin ❍
[u]Currency for Aftermarket Car Parts & Race Events.[/u]
Low Inflation. Fair Split Between POS & MN[/url][/center]
For Hero & Legendary Member:
[center][table][tr][td][url=https://nitrouscoin.io/][b][font=Arial black][size=23pt][glow=#FF0000,0,0][color=#FF0000].[color=#FFF]Nitrous[/color].[/glow][/size][/font][/b][/url][/td]
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█[/td][td][center][url=#][font=Arial black][size=15px][glow=#0060C1,10,10][size=16px][color=white] Low Inflation | POS + Masternodes
[i]Fair Rewards Between MNs/ POS[/i][color=transparent]...[/color][/glow][/size][/font][/td][td][font=arial][size=2pt][color=blue]█
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Thank you for taking the time to read.
Welcome to our community and see you at the presale!
Here's a thank you from our very own Nitro:
Bookmark this BTC Talk ANN since we're always going to update it— for example, with new roadmap additions/ completions, and so on.
