http://s16.postimg.org/gccjj6q01/image.jpgGatlingcoin is pure Proof of Stake coin, except stage of initial distribution, when it was mixed PoW and PoS coin
Specifications:Algorithm: Scrypt
Total Coins: 10,000
Premine: Only for IPO and Bounties (exactly 100%(99 for IPO and 1 for bounties))
Block Time: 60 seconds
Nominal stake interest: 5% annually
Min transaction fee: 0.0001 GC
Fees are paid to miners
Confirmations: 10, maturity: 20
Min stake age: 1 hours, no max age
Multipool with payout in GC:available on launch
How does multipool work for generating GatlingCoins? The pool mines alt-coins ---> alt-coins are sold for Bitcoins ---> Bitcoins are sold for
GatlingCoins on the exchanges.
So GatlingCoin value goes up while stake holders earn more coins from the hands of the people trying to sell. As long as the stake holders hold on to their coins.. the value will continue to rise. Thus, your coin amount total increases while the value increases too.
Faucets:coming soon
Wallets:Windows QT - available on launch
Mac Wallet - available on launch
Exchanges:If enough funds are generated by the IPO we will be on
www.mintpal.com or
www.cryptorush.in on launch.
* Even if enough funds aren't generated the dev team does have some btc to throw towards voting and so we're pretty confident that we will listed in the first week if not on the launch day.
IPO Details:We are allowing upto 100 Investors to participate in the IPO.
The details are as follows:
The minimum investment amount is 0.05 btc
To Invest in the IPO simply send 0.05 btc to 1AuUC1CJSYCWaRCeRY9SshLPeU3oNKHizq sand e-mail to gatlingcoin@gmail.com with your bitcoin wallet address and TXID.IPO Ends 28th March 2014, 1600 GMTBounties:Twitter feed setup - 10 GC
Chinese PRE-ANN translation - 10 GC
Greek PRE-ANN translation - 10 GC
French PRE-ANN translation - 10 GC
Spanish PRE-ANN translation - 10 GC
Dutch PRE-ANN translation - 10 GC
Informative blog post - 10 GC
Setup and maintenance of a dedicated Heavycoin forum - 30 GC
FAQ:1. Is this a SCAM COIN?
A. Even if it were we wouldn't say it. jking . No this is not a scam coin. We're tired of scam coins launching everyday and so we wouldn't want ours to be a scam. Plus once the risers are shipped out we will ask some of the receivers to post pics of their risers if that will help us gain your trust.
2. What would be the estimated price for one GC.
A. Well since this coin is based on BC it should be popular enough and the price would be 10000 satoshis atleast. IPO investors don't worry. You will make a profit even if the price is at 1000 satoshi.
