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Topic: Royal Empire Coin [REC] - Looking For Mining Pools and Miners - page 17. (Read 17196 times)

full member
Activity: 322
Merit: 100
Waiting for bounty,
Good Luck dev
newbie
Activity: 22
Merit: 0
Waiting for bounty announcements.
newbie
Activity: 10
Merit: 0
newbie
Activity: 34
Merit: 0
Reserved for Bounty Announcement
newbie
Activity: 34
Merit: 0
Posting for Royal Empire Team until they can post images Smiley
Royal Empire Coin is our first attempt in using the blockchain in digitizing how we pay our marketing groups all over the world. The initial plan is to distribute  REC coins to affiliated marketing groups, teach crypto to the marketing persons involved and keep the coin in circulation in the various sales communities. Prior to the launch of this coin, something unexpected happened to our coin developer leaving our team devoid of a legit coin programmer. This is the reason why we decided to launch this coin online and let the whole cryptoworld aware of the existence of Royal Empire Coin (REC).

Being a team composed of online and offline marketers, our crypto knowledge is limited to trading cryptocurrencies, staking coins and mining to some extent. If future programming problems will arise, we would be helpless in addressing the issues and our efforts in creating REC would be futile. By having the source open to the public, we are sure that crypto-knowledgeable persons will step up and help us in solving whatever glitches that would come REC's way.

We have 15% premine equivalent to 4,333,320 coins that were supposed to be divided equally among investors who will then distribute the coins to their respective marketing groups. With the new turn of events, we decided that the premine would be used for the development, for listing to exchanges, for airdrops and bounties to check the staking efficiency, for rewards to mining pools, and incentives to merchants and marketing groups that will use our coins as payment options.

A certain percentage of the premine would be allocated for future rewards for those who would be involved in the improvement of the source code and the coin itself.


SPECIFICATIONS

CoinName: Royal Empire Coin
Ticker: REC
Algorithm: Skein
Type: POW/POS
Total Maximum Coin Supply: 28,888,800
Premine: 4,333,320
Block Reward: 50 REC per block
Target Spacing: 120 seconds
PoS Rewards: 12% annually


DEVELOPMENT PLAN

Our ultimate goal is to make this coin stable and sustainable to support our marketing needs

Specifics:

1. Teach cryptocurrency and blockchain technology to the marketing groups and salespeople involved
2. Distribute portion of the premine to salespeople and merchant partners to start trading using Royal Empire Coin
3. Sell part of the premine to exchanges to support development and enhance the REC distribution process
4. Encourage mining and staking for continuous and stable supply of coins and keep the blockchain moving.
5. Reward people and communities that support REC through bounty system




RESOURCES





FAUCETS

Coming Soon



REWARDS AND BOUNTIES

Please wait for instructions


EXCHANGES

In-Process


MINING POOL

Looking for Miners
newbie
Activity: 10
Merit: 0
Royal Empire Coin [REC] - Looking For Mining Pools and Miners
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