Topic: [ANN] 2ndEUR – A stable currency paying dividends every two weeks - page 3. (Read 3422 times)
December 02, 2015, 02:03:16 PM
I'm looking forward to addressing concerns and questions forum participants will have.
December 02, 2015, 01:34:58 PM
all coins will be distributed back as dividends?
all coins will be distributed as dividends over two years
thanks for your response
December 02, 2015, 12:10:24 PM
all coins will be distributed back as dividends?
all coins will be distributed as dividends over two years
December 02, 2015, 11:12:07 AM
all coins will be distributed back as dividends?
December 02, 2015, 10:20:21 AM
December 02, 2015, 09:51:36 AM
you can buy the 2ndEUR during the presale on our website
December 02, 2015, 09:43:57 AM
Where can I buy such a good coin it?
December 02, 2015, 09:40:12 AM
Basics:
2ndEUR is a decentralized peer-to-peer cryptocurrency derived from Jordan Lee's Peershares, which itself was derived from Satoshi Nakamoto's Bitcoin.
There are many cryptocurrencies persueing the goal to form a stable unit for payment and settlement.
2ndEUR has the ambition to reach this goal. We distribute dividends in Peercoin every two weeks to every holder over a period of 104 weeks (2 years).
CONDITION: the price is stable on coinmarketcap in a margin of +/- 10% around € 0.01
The dividends come from a presale.
*****
Presale: This is a step we are going to have to take in the order to gain inital funding to pay dividends in Peercoin.
Download the Wallets for your operating system -we supported:
Linux 32bit Linux 64bit Windows 32bit Windows 64bit
Chose the amount of 2ndEUR you prefer and enter your 2ndEUR address – NO ACCOUNT NEEDED
The price starts at 1 BTC = 35,000 2ndEUR
and rise up to 1 BTC = 25,000 2ndEUR
the price increase every two weeks.
During the presale we can accepted many altcoins (more than 30 currencies), so if you don't want to pay in Bitcoin you can spend the following currencies:
| Archoin | Blackcoin | BitcoinDark | Clams | BitUSD | Bitshares | Counterparty | DigiByte | Dogecoin |
| Dash | Ether | Feathercoin | FlorinCoin | GEMZ | Hyper | Litecoin | Maidsafe | Mastercoin |
| Mintcoin | Monacoin | Monero | Nubits | Novacoin | Peercoin | Potcoin | Reddcoin | Ripple |
| Shadowcash | SWARM | Startcoin | StrojcoinX | TehterUSD | Unobtanium | Vericoin | BitCrystals |
There are 800 million coins availabe.
The unsold coins will be distributed to all early adopters proportionately to their amount of already bought 2ndEUR.
The presale ends after 42 days or all coins are sold. Every early adopters get their coins at the end of the presale.
*****
Specification:
| Max Money | 5 Billion | ||
| Block time | 1 minute | ||
| Nominal stake interest | 1% annually | ||
| Min stake age | 4 hours | ||
| Max stake age | 30 days | ||
| Confirmation | 6 | maturity | 100 |
| P2P Port | 9924 | RPC Port | 9925 |
| Minimum Transaction Fee: | 0.01 2ndEUR |
*****
FAQ
Why supporting a presale?
Presale offers purchase of 2ndEUR using altcoins to currency holders only BTC will be used as trading pair on exchange markets.
Why does BTC is used as exchange currency on Shapeshift? (Alternatives: Peercoin, ...)
Even if Peercoin and other currencies are accepted too, BTC was chosen dued to it´s liquidity.
There always will be enough volume of BTC in circulation.
Unsold 2ndEUR – what happens?
The unsold coins will be distributed to all early adopters proportionately to their amount of already bought 2ndEUR.
Imagine Robert pay 1 BTC (1 BTC = 35,000 2ndEUR) at the very beginning of the sale. Robert is the only person to pay thus far, he now has claim to all 800,000,000 2ndEUR.
However shortly thereafter, a second person, Sarah decides to pay 3 BTC (1 BTC = 35,000 2ndEUR) to the sale as well.
Consequently, Robert now lays claim only 200,000,000. Sarah receives the other 600,000,000 2ndEUR.
However, if a third person, John, purchases 10 BTC (1 BTC = 25,000 2ndEUR) at the end of the presale.
John bought 250,000, Sarah 105,000 and Robert 35,000 2ndEUR.
sold coins: 390,000
unsold coins: 799,610,000
John: (250,000 / 390,000) *799,610,000 + 250,000 512,820,512.8 2ndEUR
Sarah: (105,000 / 390,000)*799,610,000 + 105,000 215,384,615.4 2ndEUR
Robert: (35,000 / 390,000) *79,961,000 + 35,0000 71,794,871.8 2ndEUR
In this sense, the sale works as a kind of auction.
Does the adress of the bounty programm touch dividens too?
No, only currency users will get dividens.
IIn case of fail to accomplish the aim of stable price condition 0,01 € / ± 10 % - what happens?
The sum of all dividens distributions is 52 times (regarding the period of 2 years / dividens distribution every 2 weeks).
If the price isn´t stable around the given conditions, no dividens will be distributed during this precise timeframe.
When does the community of currency users gets the first dividens distribution?
Four weeks after presale´s end.
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