NeXT World Bullion is a project that has been in the works for over 2 months now. It is a NXT fork, with many new and exciting features that is currently not offered with any other NXT fork or coin. The aim of this project is not only to create a viable currency, but to implement some of the most needed and wanted features into this currency, with (eventually) a full time team to work with, and a great following.
As you probably already know, the coin is pure PoS (Proof-Of-Stake). For the uninitated that means that you can not mine the coin with an ASIC or your GPU, so, the only way to acquire them, will be through either this IPO, or, once distributed, from sellers. Then, through forging.
What Makes NWB Different From NAS, NEM, NFD or NXT?
Besides the fact that we aim to distribute NWB as fairly and evenly as circumstances allow, we have dedicated ourselves to adding things that have not been added yet to a currency. Examples:
- One of our most promising developments has been the Web Of Trust Networking system. With the "WOTN" you will be able to set up a decentralized trust based system with your peers for the marketplace, to distribute Grants and loans, exchange your Bitcoin to NWB (other coins may be accepted in the future for the exchange once the coin is launched, but for now, we want to see how it goes with bitcoin alone), and many other planned features with the WOTN system.
- Automated Transactions (this is still in early development, but is making headway)
- An NWB based "Satoshis Box" style file sharing service that utilizes Torrent technology to deliver and host the files.
- A decentralized marketplace within the client. (Also still in early development compared to the rest of the project)
- A decentralized forum, built on top of the blockchain and distributing the text evenly across the network.
- Much more in the future, but we don't want to bite off more than we can chew, for now.
Now that we have talked about some of the features, lets hear the specifications:
Coin Name: NeXT World Bullion
Coin Ticker: NWB
TX security: Curve25519/SHA256
Forked from: Nxt
Total coins: 3 Billion
Code language: Java
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We are aiming for a full release in early August, 2014. This post will be updated with a definite day in the coming week. The IPO will begin taking orders today, 7/15/2014.
How to sign up for the IPO
There are 2 ways you can get your share of NWB during this IPO. At this time we can only accept Bitcoin due to the SHA 256 hash needed in order to secure your share(s). You will need to attach your hash as a message to your payment, so using blockchain.info messaging system is reccomended. Of course escrow is always accepted, but we do need a single escrower decided upon by those who desire the use of it, so as to avoid confusion with 100 different escrowers.
First:1. Visit
http://www.xorbin.com/tools/sha256-hash-calculator2. In the "Data" field, type your desired password.
THIS PASSWORD WILL BE USED TO ACCESS YOUR ACCOUNT SO DO NOT LOSE IT! I recommend a large string of words, also called a mnemonic. This site also is a good bet for a secure password:
https://strongpasswordgenerator.com/. Place that string in the data field and hit "Calculate SHA256 Hash" button. You will now have your SHA Hash.
3. For Bitcoin-- Using blockchain.info send your desired amount to: 1
NWBj5xzBjt5yNbvvh2ZcSaSVUkM7Qxhd4 with your calculated SHA 256 string attached to the transaction. To do this in blockchain.info wallets, Click "Send Money", then on the left hit "Custom", then fill everything in using the bitcoin address above. Now for the important part. On the bottom where it says "Public Note" insert the generated SHA 256 string into this field.
4. Review your payment, and send.
PLEASE DO NOT FORGET TO ATTACH THE SHA 256 HASH TO THE PAYMENT OR WE WON'T BE ABLE TO ADD YOUR TRANSACTION TO THE GENESIS BLOCK!Second method:The same steps as above, but to the escrower that the community chooses. This will be updated once an escrower has been decided.
Wallets
Upon release, we will have have the normal web based client, and we are hoping to get a standalone client application finished for launch. If not at launch, shortly after.
Exchanges
Will be updated upon release.
Media
Will be updated as soon as the word gets out.
Team:
Lead developer - NWBjav
UI - Tony McKay
(Upon release, we will be looking for full time developers to work with. Part of the IPO funding will go towards this acquisition)
Whitepaper: Almost complete
Website: TBD
Distribution list: Will be released as soon as the first orders come in.
Distribution Categories:Category Percent Amount
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Will list upon launch
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Progress:
7/15/2014 - Announced & beginning IPO.
