[Pre-ANN] DOMOcoin|Community oriented Development| X11, NO PREMINE, limited PoW

[Cryptodomo]

DOMOcoin is already Online!
Please see the new ANNOUNCEMENT here:
https://bitcointalk.org/index.php?topic=4709461

Pre-Announcement of DOMOcoin


Introduction

Domocoin is an experiment based on my Bachelor Thesis: Potential Analysis of Blockchain based Communitys
Within a year I want to analyze and achieve a "Community based development".
The progress of this Dash Clone will depend solely on the Community supporting it.
There are no fake promises and beautyful Roadmaps here.
In order to gain necessary trust from as many adopters as possible, I will try to provide a fair launch without Premine or Instamine!


Specifications

Algorithm: X11

Short: DOMO

Total Amount: 1000000 DOMO

Block Time PoW: 30seconds

Block Time Masternode: 30seconds

Block Reward Masternode: 2 DOMO

Masternode Setup Collateral: 1000 DOMO


Proof of Work Block Reward distribution

Block 1 - ~600: 1 DOMO
(Reduced rewards for the first couple hours to prevent Instamining)

Block 600 - ~86000: 4 DOMO

Block 86000+ : 0 DOMO
(Limited Proof of Work timeframe of approx. 1 month after launch)


***Notice***

This is a Pre-Announcement to raise awareness of the Coin and distribute it to as many as possible in a fair manner.

Homepage: Coming Soon

Official Launch: To be Announced (within 3 weeks!)


Don´t miss out the official Launch!

Homepage

https://cryptodomo.org

Join on Discord

https://discord.gg/3cUdHmp

Join on Telegram:

https://t.me/DOMOproject

Follow me on Twitter:

https://twitter.com/cryptodomo

[D ltr]

i see the total coins is 1Million coins but in the POW it just total 340k coins
so where the rest of the coins? since the mining reward after block 86k++ is 0 DMO

[Cryptodomo]

Remaining Coins will be paid out to Masternode owners with 2 DOMO per Block

[Gibbs91_30]

reserved!

[rgsnedds]

1 month of mining. nice. watching.

[Cryptodomo]

I have added a discord Server, since people are willing to work together and we need a better Communications solution.

https://discord.gg/zae68s


I cannot promise any Bountys, because I need to mine some Coins like everyone else, but any support is very welcome 

[Mikelorr]

explorer?

[tungbongdem]

any airdrop camp? please

[Cryptodomo]

I don´t want to make a bounty campaign at this stage of the project, since the Blockchain is not running, yet.
After the PoW - Phase is over and I have an overview of the amount of Coins available for Bountys and Airdrop, we will make some proper campaigns.
I don´t want you to promise any Coins, which I don´t own, yet.

[Cryptodomo]

Just to clear some confusion. The chain will be forked after the mining phase is over and merged to a proper POS solution. 100% of staking rewards will go to masternodes, however this may change until deployment, you can always write me suggestions, they are highly appreciated!

[dzkrb1966]

Colleague. Do I understand correctly that this is a lone player's project. Bachelor's degree is not Master's degree? And are you sure that you will have enough knowledge, experience, to move this project?

[TheRaster]

res

[Cryptodomo]

Colleague. Do I understand correctly that this is a lone player's project. Bachelor's degree is not Master's degree? And are you sure that you will have enough knowledge, experience, to move this project?

Well it started as a lone player project, but people´s reactions are very positive and a couple of people already joined the Team. All I can say is, that I have the will and motivation to put in as much work as necessary, since this goes far beyond my degree. Also I am not trying to reinvent the wheel here. We will implement various available features to benefit the Community and the Community only. I don´t know if I reach a truly autonomous Community, but I will try it for the next couple of years!

[Cryptodomo]

I finished the first version of the Homepage:

https://cryptodomo.org

As always any criticism is very welcome!

[sidgrip]

 

[Coperspy]

More information 

[rgsnedds]

15th Masternode is up and running