TimelineInitial Public Offering: 27 April 2014 - 30 May 2014
Release of final website: 30 May 2014
Release of download links: 31 May 2014
Launch of LAX: 1 June 2014
Specifications- Maximum Coins: 1,000,000,000
- Block time: 1 minute
- Pure Proof-of-Stake
- First Fork with Asset Exchange!
- Alias System
- Webclient/Brainwallet
- Marketplace
Screenshots (
in progress)
Wallet:https://i.imgur.com/n65FctN.pngMarketplace:
DistributionThe major part of LAX will be distributed throughout the Initial Public Offering (IPO). 13,5% are guaranteed to be distributed by bounties and 1,5% are reserved to the developers behind LAX. After that the only possibility to earn them is by forging a block and thus getting the transaction fee. Therefore it’s only necessary to keep the client running, so it is able to calculate new blocks.
The total number of LAX is 1,000,000,000. No new coins are generated, there is no inflation, only redistribution!
IPO Plan (
starting now)
Two stages of the IPO will take place. At the end of each stage, the total reward amount will be divided proportionally between each investor, according to the following formula:
Reward = Amount * (Personal Investment / Total Investment)
Total amount to be distributed throughout the IPO: 850,000,000
First stage:Duration: 27 April 2014 - 16 May 2014
Coins to be distributed: 500,000,000
Second stage: Duration: 16 May 2014 - 30 May 2014
Coins to be distributed: 350,000,000
Your LAX will be delivered immediatly after the release of the download links.
Please send the desired amount to the following IPO Wallet Address: 1NaWwRudBETPKjSxKbYCMKBy7ZnF2c5sEe
Blockchain:
https://blockchain.info/address/1NaWwRudBETPKjSxKbYCMKBy7ZnF2c5sEeSpreadsheet:
https://docs.google.com/spreadsheets/d/1AQ2RWQNqSTzm3DVGQgaT-MJf8rO9ejuvHMZm6jra3M0After you sent your investment send an email to -
[email protected] - with the following information:
Transaction amount (BTC):
Sender address:
Transaction ID:
Your investment will be confirmed within 24 hours and added to our spreadsheet.
BountiesTotal amount to be distributed: 100,000,000
Spreadsheet:
https://docs.google.com/spreadsheets/d/1T9Pl_jm_10tZwLrLjnbXp2CO9pLYFw1KdIIiMcNmBeo/edit?usp=sharing Translations: 1,000,000 / translation
Portugese:
https://bitcointalksearch.org/topic/annipo-lax-descendente-de-nxt-100-pos-recompensas-asset-exchange-586084German:
https://bitcointalksearch.org/topic/annipo-lax-descendant-of-nxt-100-pos-bounties-asset-exchange-586442Italian:
https://bitcointalksearch.org/topic/--586467Russian:
https://bitcointalksearch.org/topic/annipolaxdescendant-of-nxt100posbountiesasset-exchange-586767Chinese:
https://bitcointalksearch.org/topic/100-586977 First Exchange: 15,000,000
First Shop: 15,000,000,000
Promotion / Marketing: 20,000,000
Multipool: 30,000,000
MediaDownloads: release on launch!Faucets: release on launch!Explorers: release on launch!Exchanges: release on launch!Multipools: searching dev, bounty available!MerchantsTBA
Development list- Marketplace
- Dev Resume
- Decentralized Forum
...
UPDATE #1:Due to high demand I uploaded a short resume of mine. Please note that the resume is not fully finished yet.
You can find it here:
http://laxcrypto.org/resume/index.htmlUPDATE #2:- Distribution plan changed
- Marketplace in development
- Escrow available soon