Welcome to Imoney, a decentralized cryptocurrency that is main objective is to reach the masses. Cryptocurrency is still unknown of the majority of the people in the world, and a good way to reach the masses is by an easy name (not tech name) that explain simple and fast what it is. So that is why Imoney was choosen.
So for now the details:
Symbol: IMC
Method of distribution: self mining contract token (read down for more info about that choice)
Total supply: 500 000 000 (mined in a period of 25 years)
Project start: july 25th 2017 (after the Genesis address sale period is over)
How mining works and why that choice: Self mining smart contract is a new way of mining that do not waste energy at all versus all the Proof of work coin. Instead, multiple Genesis address will be created at the strart of the project that will mine X amount of coins per day (to be determined by the total number of genesis adress collected) The concept is already used in another currency and it's a great idea we think, but the problem with the other project is that genesis adress were offered during ONLY 1 DAY PERIOD. They were free, yes, but many people missed the opportunity because of the too small period of registration. So what happened is people that would like to get a genesis address AFTER that time were ready to buy it from another, but it's not REALLY doable, because the seller will always have ptivate keys of that genesis adress and then have access to the funds. So that is why what is offered here is different.
Genesis address for this project is up for sale till july 20th 2017 23:00 UTC and the price per genesis adress will be 0.5 ETH. We think that will be far more superior VS an ICO:
1) If genesis adress are given, like an airdrop tokens are too much dumped, we do not want that if we want to reach to masses we want strong holder.
2) In an ICO, when project start, there is a huge supply available, and very often market is under ICO price for a long time. This model of distribution will not face this.
3) Price will help developing project goal roadmap
The amount mined by genesis address per day will be calculated:
TOTAL TOKENS divided by 25 years divided by 365 days divided by number of Genesis address (participants)
(500 000 000 / 25 / 365 / x)
Here is how to apply
1) Send 0.5 ETH to this adress: 0x0ebB412e3Efc17B58DbC1382B608C51f47f4A793
2) Send us a PM with the Txid to be sure to be confirmed
It must be done before july 20th 2017 23:00 UTC
To be as transparent as possible, in addition to the ETH address collected for Genesis address collection, 40 Genesis address will be added to the dev team. That will give a good sign that the dev will want to stay and always push the project further. Feel free to comment, give idea about this.
ROADMAP
Now till july 20th: Collection of fund, each payment of 0.5 ETH will automatically receive a genesis address (tied to the ETH adress used to send the fund)
july 25th: smart mining contract created with all genesis address and project debut
aug 2017: first exchange
Q4 2017: be added on a popular exchange, website creation
Q1 2018: When traction is gained on crypto world, get more exposure outside of that (per example paying google to have first results)
And more Roadmap will be updated as time goes
BOUNTY
Translation: If you want to translate in another language, just do the translation, and PM US the link in PM one done with your ETH address in message, you will receive one Genesis address.
LOGO: 1 genesis address given if a LOGO is created and choosen
Social media: TBC
So feel free to comments or give suggestions.
sounds like a scam