ANN 24x7coin (TwentyFourSeven) - TFS
official launch : 30 March 2014 - 20:00 CET timehttp://www.24x7shop.net/image/cache/data/24x7_logo-228x228.jpg24x7coin spec. :
scrypt
total coin supply = number of minutes in year
24 x 60 minutes x 365 days = 525.600 coins
Block time : 1 minute (60 seconds)
Block halving : every 26280 block (first halving app. April 10th)
reward : block 1-26280 = 10 coins/block
26281-52560 = 5 coins/block
52561-78840 = 2,50 coins/block
78841-105120 = 1,25 coins/block
etc etc
Premine : 21,76 % or 114400 coins (11440 blocks) at launch -company reserve
stand 5th April : 106850 coins (20,32 %)
for shop operations we plan to maintain reserve at min. 10 % .
- shop for 24x7coin (TFS) (with gift program + funny articles) -open at launch
Windows wallet :https://mega.co.nz/#!e9YUFDwD!Nw4hAAS3gCMcdT8zcyDR1CxWhriQHmCfMkyy26n4EokUnzip it into roaming map .
Source:
https://mega.co.nz/#!i4QilBqb!57zkq8396IsvuBOLywyZUa8NMYLOZeEpuTcTb18dOXohttps://github.com/24x7coin-project/24x7coinSOLO mining : PORT :21035
addnode=54.194.99.126
How will it work ?Miners can spend their coins directly on our site (company then sells that amount on exchange or hold and maintain stock supply - buy new products.
Company reserve (premine) will also act as prevention from price changing . example : you spend 100 coins for xy article. (in time of buying exchange price is 0,003 , but before we exchange coins - exchange drops to 0,0027 - since we are company we have to cover this loss in sum of 11 coins out of company reserve - and not from my pocket like most would like)
and since we are here for long term - we just have to have premine- only fair thing to do if you want us here for more than one month.
I am pretty sure price will stabilize in reasonable time and this intervention will no longer be needed.
Remeber we are putting know-how into project and also some cash and first stock supply, but we aint santa-clauss.
www.24x7shop.netMajor differences to other altcoins
1st : our coin will be really rare - only 525600 coins ever. not billions, not even million,
2nd : from day 1 after exchange launch you will be able to spend and do something with coins = good base for grow rate.
3rd : we will not pump our coin like others , we will rather create company operations that everybody will want our coins.
4th : real operation behind coin - means no anomyous jokes and runaways.
5th : miners dont have to exchange their coins to get something valuable.
EXCHANGES : none yetvote for us at :
https://www.mintpal.com/votinghttps://swisscex.freshdesk.com/support/discussions/topics/1000022391and
https://comkort.com/vote/#TFSthank you
Miner pools http://tfs.crypto-hamsters.comBounties :500 coins for dev. guy/girl (first project Linux and Mac wallet-paid out once and later for every update on software)
250 coins block-explorer
Can we fail ?
off course we can (even Ford failed in 2008) , but nobody told you that fairly by other coins-launch,right ? . They most just seeds promises out of thin air. and then pump-dump,
Why so much premine ?we need that to act as reserve for shop operations+dev. in future must be take care off.
Premine is relatively low with amount of know-how we are putting into project and complex of transactions (TFS/BTC - BTC/USD - USD/EUR - all volatile.
Like us or any other suggestions ? please comment with ideas to make us better or contact us at
info@24x7shop.netthank you for Your time.
Future starts NOW with 24x7coin .