Introducing: MorCoin
A fully POS powered coin that strives to achieve equal distribution with limited and fair investment opportunities.
Ticker: MCLaunch:06/29/14Specs:- POS
- 5 Million Coins Total
- Nominal Stake Interest: 15% Annually
- Min Stake Age: 4 Hours
About:The goal of MorCoin is to do away with the POW/POS hybrid that has pushed out many of the small scale miners and crypto enthusiasts. It has become more and more difficult to participate in the crypto sphere with multi-pools and large players mining the majority of a newly released coin. This results in a very poor distribution and inevitably leads to the failure of the coin.
Free Participation Model:Everyone has the opportunity to participate for free. All you have to do is participate in the thread, send the Dev team an email to register, and have a Jr. Member rating or higher. We will distribute an email asking for registered free members to send in their MorCoin address (wallet will be deployed). The distribution will be 1 share per member. Attempts to send in multiple submissions will result in 0 coins being distributed to the offending accounts. We will launch the distribution once all addresses/accounts are ready to go.
Email [email protected] so we can allocate you a share!Limited IPO:Closes 06/28/14For those that want to purchase 5, 15 or 40 shares, we have three IPO options. The first one is 5 shares for 5 mBTC, the second is 15 shares for 10 mBTC and 40 shares for 20mBTC. We are capping share purchases to one purchase per account with a max investment of 20 mBTC. Feel free to pay more, however it will be considered a donation to the project! For participants that want to purchase shares, please email the Dev team with the address the funds are being sent from. We will provide you with a receipt (within 24 hours) and send you specific updates prior to the launch. We decided to cap the IPO to prevent a small number of investors from holding a majority of the coins. We want to encourage people to invest, however want to prevent a complete cornering of the market by investors who could ruin the coin with a dump. All funds will go to the development of the project. Please feel free to track and comment of the balance associated with the payment address. All purchases made towards the project will be listed on the OP.
Investment AddressIf you would like to purchase shares please send your 5, 10 or 20 mBTC denominations to: 16mTUs6R3zqP7mas4YiUUXbB6hack1WJ47
(Please make your purchase prior to sending in your request for a receipt)
Email [email protected] so we can allocate you your shares and provide you a receipt! (allow 24 hours to receive a receipt)Social Media : Twitter @morcoin Dev will return 5pm est 6/24. Your requests for receipts will be processed then. Thanks!Let the Distribution Begin!
Disclaimer: all purchases are non refundable and provide no guarantee of payment in the event of a failure to launch
unfortunately human distribution is a very bad distribution model. unless im missing something here i dont see anything unique about this model. it's been tried before and just results in instant dumping on exchanges.
if ur looking for a fair distribution model check out the link in my signature. there will be no human interaction in distribution. small and large miners will be able to mine and gain a fair market share.