NEW COIN-WampumCoin.com--An Old Currency with a new Crypto face-sign up now!

[wampumcoin]

What is Wampum?

Wampum are traditional shell beads of the Eastern Woodlands tribes of the indigenous people of North America. Wampum include the white shell beads fashioned from the North Atlantic channeled whelk shell; and the white and purple beads made from the quahog, or Western North Atlantic hard-shelled clam. Wampum were used as money, and were kept on strings like Chinese cash. Strings of wampum were also used instead of writing, and were created to record treaties or historical events. European colonists used wampum for trading with Native Americans, and adopted it as their own currency.

Launch date is Feb 22, 2014

www.wampumcoin.com

This is a coin that deserves to be recognized because this was one of the first currencies ever used, I wanted to bring this currency back to life as CryptoCoin to be traded on exchanges, traded with other investors, and also be used to buy online and offline goods.  Check out the link below to learn more about Wampum!

http://en.wikipedia.org/wiki/Wampum

Features of WampumCoin

Algorithm: Scrypt
 
Max Coins: 25,000,000,000 billion
 
Block Time: 60 seconds
 
Confirmations: 2
 
Difficulty re-target time: Difficulty re-target every 100 Blocks

Mac, Windows, and Linux Wallets

3 letter code--WAM
 
Pre-mining: 2%


Payout
Blocks 1-100,000: 150,000
Blocks 100,001-200,000: 100,000
Blocks 200,001-250,000: 75,000
Blocks 250,001-300,000: 50,000
Blocks 300,001-350,000: 30,000
Blocks 350,001-375,000: 20,000
Blocks 375,001-384,400: 10,000
after block 384,400 it will make 3500 more blocks at 3,500 until it hits 25 billion

MINERS WILL MAKE A LOT OF WAMPUM IN THE BEGINNING!!!  GET IN EARLY, AND START MINING, and TRADING.


Resources

Facebook--https://www.facebook.com/wampumcoin

Twitter--https://twitter.com/WampumCoin

Reddit---http://www.reddit.com/user/wampumcoin/

Wallets will be coming shortly, along with a lot more info.  Sign up to the newsletter for fast updates leading up to the launch.

Website: www.wampumcoin.com

Pools: are coming soon also but we are definitely going to use livechains as one of the miner pools.

Exchanges:  We are talking to some well know exchanges, but we have to launch before we are listed.  So this will be updated as well.

Faucets:  Of course we will have these, this coin is all about trading!  


Other issues that I would like to talk about

Pre-mine--There was a pre-mine for one reason only, and that was to be able to pay sales reps.  At WampumCoin we have a bigger picture in mind than most coins out there right now.  We are currently establishing relationships with online and offline businesses to see if they are willing to accept Wampum as payment for goods and services!  If you google wampum there are a lot of businesses that already use the name wampum and know all about it.  So getting established with certain businesses will not be hard to do.  I want to see this coin thrive  and grow.  This is the reason for the pre-mine.  The reps I hired were willing to take payment in wampum instead of dollars.  These reps will go out and introduce this coin and establish relationships that will last a long time.  This pre-mine will not be dumped on the exchanges for a profit but, will be used instead in exchange for services to grow the coin as fast as possible in the market place!
So if you have a skill that would help wampum grow send me a PM or even better go onto the facebook page and like it and post your skill and what you can do for wampum.  In exchange for your skill you will be paid wampum at the time of launch!

The pre-mine was not to benefit myself it was just to grow the wampum community and be able to pay for labor in Wampum.  It just makes sense as that was Wampums orignial purpose!  I want this coin to be around for a long time and for that to happen there needs to be a community.  

[krostue]

wampum is not currency. Do your research. Wampum is an "oath" or a "word" but mostly a covenant.
Where in your plan are you giving back to the First Nation people? GIVE THE PREMINE TO THE RESERVATIONS

[JTB800]

wampum is not currency. Do your research. Wampum is an "oath" or a "word" but mostly a covenant.
Where in your plan are you giving back to the First Nation people? GIVE THE PREMINE TO THE RESERVATIONS

That's odd, because the Indian-owned casino, Foxwoods in Connecticut uses Wampum as their "money". I think you better write them immediately and have them get "researching'!

[krostue]

...or either of you could read a book.

[JTB800]

...or either of you could read a book.

Oh my goodness! Did you insult me? I can't really tell as I can barely read. I'm pretty sure that was an insult though...

[krostue]

you opinion is not based on historical facts.
Much of the copy from the wampumcoin.com website is taken directly from wikipedia.

If you read a book about wampum, you will find that it was never a currency. People did not buy their wife, did not buy peace.
Wampum is a covenant... A contract. It was the white settlers who tried to buy wampum with money.

By stealing from the native people, and not giving back to them, the cycle of injustice continues.

[JTB800]

you opinion is not based on historical facts.
Much of the copy from the wampumcoin.com website is taken directly from wikipedia.

If you read a book about wampum, you will find that it was never a currency. People did not buy their wife, did not buy peace.
Wampum is a covenant... A contract. It was the white settlers who tried to buy wampum with money.

By stealing from the native people, and not giving back to them, the cycle of injustice continues.

I've never read the "copy from the wampumcoin.com website" or its supposed source on Wikipedia. I have however, been to Foxwoods casino, where their "money" is called Wampum. (Or, at least was -- I haven't been there in years). Which is all I said in my post. Who needs to read...?

Oh, and not to get too picky, but every time you walk into a store, there is a "covenant" or "contract". You want those skittles? The store is willing to trade you for a green piece of paper. If you negotiate, maybe you can swap cigarettes for them or clean the rest rooms for them, but most people decide to contract with the store for a piece of green paper.

[krostue]

you are only proving that you are missing the point.

[wampumcoin]

European traders and politicians, using beads and trinkets, often exploited gift exchange to gain Native American favor or territory. With the scarcity of metal coins in New England, Wampum quickly evolved into a formal currency after European/Native contact, it's production greatly facilitated by slender European metal drill bits. Wampum was mass produced in coastal southern New England. The Narragansetts and Pequots monopolized the manufacture and exchange of wampum in this area.



"Strung money was known as wampumpeage, or merely peage. Customarily arranged in lengths of one fathom (6 feet), which contained anywhere from 240 to 360 individual beads, depending not only on the size of the beads but on their current worth, for "fathom" soon came to denote a specific monetary value. Individual strands were then worked into bands from one to five inches wide, to be worn on the wrist, waist, or over the shoulder, ... Occasionally the Indians fashioned great belts containing over ten thousand beads" (Vaughan 1979: 120 ­ 124).

With the increased manufacture after European contact, these beads were carried inland along indigenous trade routes as far as the Great Plains and as far south as Virginia. By the 1700's the Dutch Europeans began to fabricate vast quantities in factories such as the Campbell wampum factory New York.

"The use of wampum as money, even among the English, continued until the American Revolution. Important matters such as treaty agreements were likely to be marked by an exchange of Wampum belts, with designs in two colors, which thereafter served as visual reminders of the event itself, and to call to memory the arrangements agreed on" (Russel 1980: 185

[Xenopus]

you are only proving that you are missing the point.

You need to stop posting.

[STT]

Interesting idea, it would be better to setup a miner on a reservation then just give currency.  Teach a man to fish and all that.
     The whole crypto thing is still an unfolding mystery so managing to spread that word at all would be a real big thing to do also smart because possibly you are establishing a valid user base for your currency much like bigger crypto coins are used internationally to transcend borders and cultures to aid comparative advantage

[wampumcoin]

STT that would be interesting indeed

[krostue]

Fact of the matter is that you are further bastardizing a sacred tool.
Lets not even get into the fact that this should be an open source coin, not some ego stroking get-rich-quick scheme.

googling "wampum" and quoting a book from a webpage on it is not research. Why did you not cite your quote?
http://www.nativetech.org/wampum/wamphist.htm

It is evident that you have no differentiation between the profane and the sacred, when you quote the later day interpretation of an outsider 200-300 years after its use.

Here is an even more interesting idea. How about you use ALL the premine to pay the inventors. For one, the entire Iroquois Nation or any displaced people of North America for that matter.

Being a caring, and thinking individual, of above average intelligence, i am NO DOUBT a minority here.... AND my points seem to be falling on deaf ears. Therefore this will be my last entry on this thread. Lets let the community decided if you sink or float, cause right now... This coin not only reeks of SCAM, but is also racist. I am only 1/8th Ojibwa and 100% offended by your actions, so far.

[wampumcoin]

Krostue I am sorry you feel that way, but I am 50% Osage Indian myself, and this is not a scam coin, or a get rich quick scheme as you put it, and not a racist coin lol.  I am sorry you feel this way, but this coin was built with good intentions, and if there is a place to donate some coins to that you would like just let me know, I would be more than happy to do this for you.  But I have done my research as well, and this coin was not meant as a slam to anyone, but only to remind that wampum was important, and to be remembered!

Windows wallet is completed, working on the other wallets now
Setting up pools today also, but the main pool will be at livechains
With wampum everyone gets rewards, let me know who will be mining this in the next week. There will be a bonus to miners, and there will be bounties in the coming weeks!
sign up here to get alerts
http://wampumcoin.com/

https://www.facebook.com/wampumcoin

[wampumcoin]

This is an open source coin fyi

[CartGeezer]

Any one else getting tired of peoples' constant hyper-sensitivity?

[cryptohunter]

do a fair launch with the password zips etc before announced launch.

[sq]

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[mega]

Another Indian coin

[joshua3m]

Another Indian coin

another copy and paste coin made by 16y old with dream to get rich

2% premine = scam