BEAR Coin is cryptocurrency designed to help animals by decentralized fundraising and blockchain solutions in cooperation with NGOs and animal lovers around the world.
Coin specification:- Name: BEAR Coin
- Ticker: BEAR
- Masternode collateral: 10 000 BEAR
- Max coin supply: 21 000 000 BEAR
- Block time: 120 seconds
- Node/Masternode port: 7171
- RPC port: 8181
- Block reward: 1 BEAR (flat block reward)
- Staking (PoS) reward: 1% (≈0.01 BEAR)
- Masternode reward: 90% (=0.90 BEAR)
- Public fund: 9% (=0.09 BEAR)
By following parameters, we'll have:- ≈ 21 600 newly created coins every month
- ≈ 216 coins - total monthly staking reward
- ≈ 19440 total monthly masternode reward for all active masternodes (example: ≈ 19440 / 300 active masternodes ≈ 64,8 BEAR coins montlhy each masternode)
- ≈ 1944 coins monthly will go to public fund.
All expenses will be covered by public fund; however dynamic growth and additional development expenses can be achieved only if coin value will be much higher. Example for better understanding - Lets take BTC value ≈ 10 000 USD, in this case:- 1 BEAR coin value is 20 sats; 1944 BEAR ≈ 0.000388800 BTC ≈ 4 USD monthly (coin extremely undervalued)
- 1 BEAR coin value is 200 sats; 1944 BEAR ≈ 0.003888000 BTC ≈ 40 USD monthly (basic maintenance monthly costs - servers, domains etc..)
- 1 BEAR coin value is 2 000 sats; 1944 BEAR ≈ 0.038880000 BTC ≈ 400 USD monthly (we can spend money for promotion across internet - banners, blogs, youtubers to get new investors on board and that way increase coin value)
- 1 BEAR coin value is 20 000 sats; 1944 BEAR ≈ 0.388800000 BTC ≈ 4000 USD (we can hire new developers, create new apps and increase coin value by coin usability)
- sky is the limit...
Note: ≈ symbol mean "approximately equal to"
Official links:
Partners and Exchanges:Currently you can trade BEAR coins on following exchange platforms:Masternode Hosting Providers:Note:
Cold masternode hosting - you will keep coins in your own private wallet.
Shared masternode hosting - not your keys, not your coins - you will keep coins in provider's wallet.
Informations about swap:Initial amount of BEAR Coins 9 350 860 BEAR Coins = 5 566 895 VoytekBEAR Coins in circulation (snapshot height) + 3 733 965 CMTR Coins in circulation (snapshot height) + 50 000 swap costs for CMTR dev. Swap ratio 1:1.
Snapshot block heights:- 860000 VoytekBEAR
- 630000 CMTR
Current value of coin, actual stats of swap/coin/masternodes and swap procedure description you will find on our website https://bearcoin.net/ After swap deadline (01-01-2021), unclaimed coins will go to masternode owners and to public fund in scheme 50%-50%. Example: If at day 01-01-2021 we will have 1 000 000 unclaimed coins then:- 500 000 coins will go to public fund (can be spend for promotion and development, read more: understanding economics)
- next 500 000 will go to masternode owners in scheme: 500 000 coins / 365 days = 1370 coins daily / active masternodes (example: let's take we have 300 active masternodes every day, then bonus reward everyday will be 1370/300 = 4,56 BEAR/1 masternode)
Note: If will be more (than 1 000 000) unclaimed coins then we need extend bonus payout period to keep market price stable. In this case we will discuss with community as & when - but most probably we will keep additionnal bonus payments in scheme: 500 000 coins / 365 days = 1370 coins for every payout day. After 01-01-2021 we will provide additionnal public stats for every bonus payouts with details on our website.
