Name the upcoming decentralized stable value coin and get rewarded.Hello everyone, we are working intensively towards a new project with the aim of making a community driven - decentralized - stable value coin. We need your help on deciding the name of the project so we have decided to have this contest and reward users for their valuable time and efforts.
Key features of this coin, you may need to consider while naming it:1. First ever decentralized cryptocoin with stable value.
2. Backed by distributed BTC reserves -> Virtual reserve based -> BTCs in your own addy is the assumed reserve for this coin.
3. First ever mineable stablecoin.
4. Future proof -> Problem-free in all means.
5. Fair initial distribution to this forum members and to all BTC holders -> Covers 2 big communities.
You can read about our project in more details here:
https://bitcointalk.org/index.php?topic=5272943.0A quick reference on what is stablecoin:
https://en.wikipedia.org/wiki/StablecoinRequirements:- You can make as many entries as you want but please combine them in one single reply.
- The name should not be too long, around 3-7 or maximum 10 alphabets will be good. (example, dogecoin this counts as 4 alphabets)
- There should be no other active coin available with the same/similar name.
- Newbie rank forum members are NOT allowed to participate.
- Your entries are welcome until 31st October 2020 23:59 forum time.
Suggestions:- This coin represents fiats-on-blockchain with decentralized characteristics so the name should be something that represents those features.
- Something unique and easy to remember and easier to use everywhere is what exactly we look for.
Prizes:The name we decide to choose for our coin will be rewarded with
$100 in BTC.
There will be
4 consolation prizes of $25 each in
BTC paid out to other best entries.
NOTE:In a special case where we decide not to use any of the given names by community we will hand out
$20 x 5 prizes to top 5 entries.SFR10 is holding funds as an escrow for this contest. <They confirmed the same
here>
Preev.com will be used to refer USD prices at the time of payment.