Name: InstaCash
Ticker: ICH
Slogan: "Instapay with InstaCash!"
Algorithm: Quark
Block time: 30 seconds
Max Supply: 100,000,000 ICH
Premine: ~500,000 ICH [0.5% of total supply]
Masternode Collateral: 10000 ICH
POW BLOCKS: 1 - 100,000
POS BLOCKS: 100,001 to INF
Masternode Rewards will begin from 10001th block [2nd Phase of POW]
POW REWARD STRUCTURE:- Phase -1: Block 1 - 10000: 100 ICH per block [no MN reward] [3.47~ days] => total 1,000,000 ICH
- Phase -2: Block 10001 - 100000: 10 ICH per block [Miner Reward is 75% - 7.5 coin per block] [MN reward is 25% - 2.5 coin] [31.25~ days] => total 900,000 ICH
Total ICH in circulation in POW: 1,000,000 [phase-1] + 900,000 [phase-2] + 500,000 [premine] = 2,400,000 ICH
POS REWARD STRUCTURE:- Block 100,001 - Inf: 5 ICH [MN - 75%] [STAKE - 25%]
Features:- Anonymized transactions using the Zerocoin Protocol.
- Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftX.
- Decentralized blockchain voting providing for consensus based advancement of the current Masternode technology used to secure the network and provide the above features, each Masternode is secured with a collateral of 10K ICH.
PREMINE DISTRIBUTION:Signature Campaign [long run]: 50000 ICH
Retweet bounty: 5000 ICH
Translation bounty [max]: 5000 [250 per translation]
Pool bounty: 8750 ICH [5000 + 2500 +1250]
Block explorer bounty: 1250 ICH
Exchange listing: 150,000 ICH [Including big exchanges]
Wallet bounty: 50000 ICH
Advertisement, Promotion, Logo, Video bounty etc: 50000 ICH
Presale: 30000 ICH [3 MN]
Dev fee: 50000 ICH each [3 devs total]
[Premined coins won't be used for staking (except dev fees)]More details will be coming soon...
Join our Discord Server:
https://discord.gg/Gme7veXWebsite [under construction]:
http://www.instacash.ccFollow us on twitter:
https://twitter.com/instacash_ichParticipate in logo design contest:
https://bitcointalksearch.org/topic/200-bounty-for-designing-instacash-coin-logo-2902859those who are interested in translation bounty, please reserve your position at #translation channel in Discord.
We have updated the coin specification and some info... Check now...
Changes:POS block reward structure has been changed and Dev Funds from POS blocks has been removed. Instead of it we have make premine 500k [2x]
Updated premined coin distribution.
We are expecting to launch our project within next 4 days.