Transend is the new modern digital crypto-asset designed to combine and utilize the best mining and blockchain features in one project.
Transend coin was created for the community. Its masternodes are intended not only
to maintain the coin infrastructure and extra revenue generation, but to help our community to make decisions on the coin development. Masternode owners are to determine which projects will be funded from Transend development fund. This way we delegate the community partial control over Transend.
Transend is not going to be like many “50/50” coins that have a gradually decreasing share for miners.
Many emerging coins have a premine equal to almost half a year of mining, public sales / ICOs are conducted when a coin has not been listed yet even on “basic level” crypto exchanges.
Coins for the sake of masternodes, masternodes for the sake of masternodes.
We propose a different approach: according to the coin roadmap, masternode
owners can vote for the projects they want to be accomplished.
