OneRareCoin
First of it's kind
Proof Of Rarity (POR) newly built protocol for OneRareCoin
Protocol built around creating maintaining and increasing rarity
solves volatile dumps using (POR) while at the same time allowing demand to increase in turn rising value
One Rare Coin to rule them all
Proof Of Rarity (POR) - Completely Decentralized - Explosive Growth
Max Coins: 1
Release date: Will soon be announced
IPO will start soon
OneRareCoin
1 coin is mined, 20% of this initial coin is destroyed by the transaction fee. So 0.2 of the coin is destroyed with 0.8 remaining
A maximum of 0.800000 coins are avaiable at a price of 0.001 btc = 0.000001 ORC
All BTC used to buy OneRareCoin is put in to a pot that will be used in turn to buy ORC that is sold on exchanges.
All purchased coins will be destroyed.
After 8 weeks any ORC remaining that hasn't been purchased from the original 0.8 will be destroyed
This ensures that after 8 weeks the price can only go up
Proof Of Rarity (POR)
This is a new protocol built from the ground up for OneRareCoin. (POR) will reward holders of OneRareCoin for retaining them longer/since the start of OneRareCoin this will make dumping coins in large quantities less attractive and raise the demand for OneRareCoin in turn making it worth more while still making transactions of OneRareCoin worthwile.
Code and technical details
The code of OneRareCoin and the Proof of Rarity (POR) Protocol, source will soon be available for those that wish to review it's technical aspects.
