CryptoMedics just release their July magazine, there is a full breakdown on their ghostcoin. This ghostcoin seems to be a great investment. Here are some excerpts from their magazine:
_GhostCoin is a mobile government-backed ecosystem with its own existing blockchain and its own cryptocurrency. The industry GhostCoin will utilise is one of the most important in the man’s life.
_ When the miners mine the transactions, they are rewarded for it in the form of GhostCoins and the transaction fees. In some of the cases, the customers will also be rewarded from the transaction fees for giving their data. This data can be used for research purposes by the miners. The amount of transaction fees charged depends on the data miners ask for. The customers and the management get their shares from the payment received.
_ GhostCoin is a mined blockchain, they are fascinated with keeping the distribution pretty wide to save the blockchain integrity and value. It is a PoW-PoS hybrid Blockchain, so by the time they get enough traction for the Chinese to start getting involved and take them down, the system will already be PoS after enough blocks. So the network will save itself. That is why they want to keep the distribution very strong and vast. In the case of ERC20, where you have to PAY for each and every transaction you make, or any smart contract method that you create, all that on the base of how expensive Ethereum is, we don’t think an ecosystem can survive. There are many services that need to be free, or network transactions that should go without fees. Besides that, if it’s their own network, they can send timed updates and make changes as we mould the system towards more utility.
If anyone knew what is this ghostcoin, please post it here asap, I want to buy it before it hit the exchange. Here are some clues:
* There was no ICO for it (we were not allowed either)
* Funded by US VC and accredited investors
* Well-known decision-makers are on board
* It is not yet on any exchange
* It is not yet listed on CoinMarketCap
* serious partnerships with state-run conglomerates, general government backup
* former US politicians involved
* It is a token, not a coin
* It is not a first mover in its space
* it is compliant with government programs and policies
* it will be listed on top exchanges right from the beginning
You provide no proof of how it was backed up by government.
Having a former politician on board doesn't mean it was backed by government at all, lol.
If it was some kind of underground coin, it's not government coin since no publicity about the details.
I don't think they will pull off something like that without the public knowing.
