[Pre-ANN] Spinel [SPNL] C11 - POW/POS/MN

[CryptoSpinel]

Introducing Spinel, based on the C11 Algorithm is ASIC resistant favoring GPU mining and will remain ASIC resistant in the future at all times. The wallets and the source code will be released within the next 24 to 48 hours. The wallets are being designed now. A company will be registered in March 2019 and all products / services in the Spinel platform will be managed by the company. The first product/service will be an e-commerce website for both physical and digital products. The roadmap will be constantly updated as we keep completing the milestones with new milestones being added. The Whitepaper will also be released in March 2019 after the company registration. The website is currently under construction and details will be updated before the wallets are released. The explorer will be ready this week.

COIN SPECIFICATION

Coin Name – Spinel
Ticker – SPNL
Algo – C11
Coin Type – POW/POS/MN
Coin Supply – 65 Million SPNL
Premine – 3250000 SPNL (5% of Coin Supply)

POW
Block Time – 120 Seconds
Maturity – 60 Blocks
Difficulty Retargeting – Every Block
Default  Port - 2951
Reward Halving – Every 325000 Blocks
POW Rewards
Block 1 – 3250000 SPNL (Premine)
Block 2 to Block 1750 – 1 SPNL
Block 1750 and above – 65 SPNL

POS
POS Block – 120 Seconds
Coin Age – 24 Hours
POS Rate – 25% Per Year

Masternode
Collateral – 10000 SPNL
Reward – 60% of POW Block Reward
Confirmations – 15

The Premine will be used for development, bounties and payment for listing. 20 Masternode slots are for sale from the premine. Anyone who wants one or more MN slots can contact through email / PM in Bitcointalk / Discord. Each of the Masternode slot costs 0.05 BTC. Masternodes will be setup after the initial wallets are released.

We are in need of a Social Media Manager. The contract is for 1 year. Payment will be 10000 SPNL per month. Based on performance, bonus and/or incentives will also be provided. The Social Media Manager will have to manage the social media channels like Facebook, Twitter, Medium, Telegram, etc. If you are interested and have the skills to become a Social Media Manager, send your interests along with your skillset to info@spinel.online
 

Contact

Email
info@spinel.online (For general enquiries)
support@spinel.online (For support)
Website - spinel.online (Under Construction)


Discord Channel

Bounties will begin after the wallet release.
Translation Bounty - 2000 SPNL
Pool Bounty - 5000 SPNL (First 3 pools)
Exchange Bounty - 10000 SPNL (First 3 exchanges)
Reserve spots for the translation and pool bounties.
More details on promotional bounties will be announced soon.

To buy Masternode slot(s), send email to info@spinel.online or send a private message in Bitcointalk or we can chat in Discord


Discord Channel

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[ocminer]

is this masternode buying thing still working ?

[mySmile]

RESERVED for Russian translation
My portfolio

[CryptoSpinel]

Pool?

Pools will be available after source code is released.

is this masternode buying thing still working ?

With majority of coins with masternode presale not moving, the buying may or may not work, but Spinel will move forward with or without the MN sale. I would also very much like you to create a pool for Spinel once the source code is released.

[CryptoSpinel]

RESERVED for Russian translation
My portfolio

reserved for pool info

Reserved for thecryptominerpool.com

Noted. Thanks

[CaVO32]

in what country are you going to register this company? and what type of business are you going to implement here? also, is your project going to proceed even if you will not sell all those 20 masternodes?

[CryptoSpinel]

in what country are you going to register this company? and what type of business are you going to implement here? also, is your project going to proceed even if you will not sell all those 20 masternodes?

Details on company registration will be revealed in March. All products/services in the Spinel platform will be managed by the company. E-commerce site is one and there are products/services planned which will be revealed over time.

Project will proceed irrespective of the sale of the Masternode slots be it 0 or 20.

[MATPOC]

Hi,

pool.rig.tokyo will support you!

[CryptoReggae]

I wonder if there is still some chicken that buys nonsense masternode.
They are digging the bottom of the barrel

[CaVO32]

in what country are you going to register this company? and what type of business are you going to implement here? also, is your project going to proceed even if you will not sell all those 20 masternodes?

Details on company registration will be revealed in March. All products/services in the Spinel platform will be managed by the company. E-commerce site is one and there are products/services planned which will be revealed over time.

Project will proceed irrespective of the sale of the Masternode slots be it 0 or 20.

okay sounds great! it means you are not dependent with this mn-selling hype to pursue your goals for this project. most mn projects are. they are agitated to sell their coins just to get going. will be looking forward to the month of your revelations! 

[toboho]

coming soon

[log0530]

pool

[CryptoSpinel]

pool

Pool will be created and ready after source code is released.

[freemind1]

After so many similar cases, I still do not understand how you expect people to send you money when you do not even have a simple web page or a whitepaper (among other things) or information about team members. I really believe that it is a lack of respect for potential "investors".

[AleOpus]

   Maybe you should announce when you are planning to start the blockchain, when the wallet will be published and when the mining will begin. At least approximate dates.
   P.S. thanks for issuing a coin to algo C-11

   I apologize for not carefully reading it, now I see everything will be released within 24-48 hours

[furkanp]

reserved for pool info

[anggriani]

where can I get a Windows version of the wallet, have you released it? is Spinel listed on exchange?

[CryptoSpinel]

After so many similar cases, I still do not understand how you expect people to send you money when you do not even have a simple web page or a whitepaper (among other things) or information about team members. I really believe that it is a lack of respect for potential "investors".

As I had stated already, the project will run with or without the sale of Masternode slots. Funding for the project is not from the Masternode sale. It has also been stated when the website and the whitepaper would be ready. No one here is forced to invest. It is upto an individual's choice to either buy the coins from the premine to set up a masternode or buy after listing in an exchange or mine the coins. The core team members currently would remain anonymous probably until the company registration in March.

[CryptoSpinel]

where can I get a Windows version of the wallet, have you released it? is Spinel listed on exchange?

The wallets are not released yet. Keep watch for the next 24  to 30 hours.

[digitalica]

already dead? discord not working