Abosom is the simplest and Purest form of a DAO, from modest beginnings Abosom has all the tools to grow into a world changing, asset owning, multi generational, politically neutral, empowering, decentralised assistant to mankind.
Summary:
Abosom takes full advantage of lessons learned in leading Cryptocurrencies such as Bitcoin, Dash, Binance and Nano and combines them to create an equity model than can greatly help deliver capital to business, services to people and returns to participants, using the BuyBackBurn model to evenly distribute revenues among all members of the Abosom cooperative.
Abosom is a forward thinking DAO, energised by a substantial and evolved governance system, it will take privacy very seriously when a suitable protocol is achieved by the overall crypto industry, until then Abosom will use TOR and Coinjoin to assist people all over the world (except the united states) to exchange value freely.
Abosom contains some aspects that people may be uneasy with, this project is NOT for beginners, please feel free to read our explanatory materials and watch our videos for a better understanding of what Abosom has to offer and how you can work for it and with it.
Technical specs
Dash Codebase : - with PoS
Including Masternodes, Private send, instant send.
Custom burn address
Consensus specs :-
Block size = 2MB
Block time = 10 minutes
Algorithm = PoS Sha
Address format = SHA
Economics :-
Ticker = $ABS
Total supply/ Initial supply = 100 000 000 (100 million)
Supply inflation = 5 000 000 (5 Million) per annum
Masternode cost = 10,000 Abs
Blockreward = 100 ABS per 10 minutes
Block reward split = 75% Budget, 15% masternodes 10% Proof of stake (including cold staking when added)
for a more indepth description of Abosom, please see the original Steemit post here -
https://steemit.com/abosom/@abosom/abosom-primum-verbiswebsite –
www.abosom.org (incomplete pending proposal)
Discord – Discord.abosom.org
explorer – explorer.abosom.org
Exchanges – NONE, pending proposals
*Even this ANN will be revamped pending proposal
Wallets – Linux, MacOS and Windows will be available soon.
for a more indepth description of Abosom, please see the original Steemit post here -
https://steemit.com/abosom/@abosom/abosom-primum-verbisPlease read the steemit article and leave your thoughts and suggestions below.