Bitconnect coin ICO
What is BitConnect coin?
BitConnect coin is an open source,
peer-to-peer, community driven decentralized cryptocurrency that allow
people to store and invest their wealth in a non-government controlled
currency, and even earn a substantial interest on investment.
BitConnect coin can be bought and
sold both online and offline. However, the most popular way is to
exchange them on crypto currency sites where you can buy, sell or
exchange BitConnect coin for another digital currency or fiat money.
Bitconnect Coin Specification
- Coin Algorithm Script (PoW/PoS)
- Coin Abbreviation : BCC
- Maximum Coin Supply : 28 Million
- Coin base maturity : 50 blocks
- Total PoW block : 262800
- PoW block reward : 10 BCC
- Block Spacing : 2mintus
- Minimum Stake Age : 15 Days
- Maximum Stake Age : 90 Days
Initial Coin Offering Most Important
The ICO will run for approximately 46 days beginning November 15, 2016 at 11:00:00 GMT and ending on December 31, 2016 at 17:00:00 GMT.
This pre-sale will be hosted by the
Bittrex exchange, one of the largest cryptocurrency exchanges in the
USA and by the Bitconnect itself.
A maximum of 4.8 million BCC (BitConnect Coin) will be sold in the ICO, representing approximately 17% of total BCC (28 million BCC).
The Bittrex will host total 2.4 million BitConnect coins during ICO period.
The BitConnect will host total 2.4 million BitConnect coins during ICO period.
BitConnect coin Distribution
The Bitconnect Coin will be tradeable on Bittrex and poloniex following the pre-sale.
- November 15th to November 25th – 1400 Coins per BTC (40% Bonus)
- November 26st to December 5th – 1300 Coins per BTC (30% Bonus)
- December 6th to December 15th – 1200 Coins per BTC (20% Bonus)
- December 16th to December 25th – 1100 Coins per BTC (10% Bonus)
- December 26th Onwards – 1000 Coins per BTC (0% Bonus)
Any coins not sold by the end of the
46-day ICO period, including bittrex, will be held by BitConnect and
their uses will be as follows:
- Technology Build, Maintenance, Upgrades
- Marketing, Community Development
- Bounties & Incentives
- Holding for future development
Within 5 days of a successful ICO,
BitConnect will release the BitConnect coins to the Bittrex and to users
who bought coins from BitConnect directly, and open the market for
trading.
How are they used?
The BitConnect coins are used by
bitconnect community members for bitconnect services and to store and
invest the wealth in a non-government controlled currency.
Today 1 Bitcoin =750$
Today 1 Bitcoin =750$
The price is less now BCC( bitcoin connect coins )now
BTC:
BCC:
in buying less rate of Bitconnect coin ICO
The BitConnect coins will also be used as payment system on number of BitConnect partner websites.
How are they produced?
BitConnect coin uses a special
algorithm called the POW/POS to secure the BitConnect Coin network. The
moment you acquire BitConnect Coin it becomes an interest bearing asset
with 120% return per year through PoS minting. All you have to do to
earn with this method is to hold coins in your Bitconnect-QT wallet. In
addition to PoS minting, BitConnect coin can be mined with CPU/GPU and
does not need an ASIC miner like Bitcoin does.
No comments:
Post a Comment