A new crypto currency EthereumDARK has been launched with active development, limited supply of 4.2M shares, fast transactions and a good brand name. Did you ever wish you were one of the original developers of Ethereum before the 1200x gain from 30 cents to $400? If so, then please consider contributing to the EthereumDARK ecosystem or purchasing shares while they are cheap at 9 USD cents. 🚀
Coin Specifications
PoS Percentage: 10% Annually/0.83% Monthly
Block Reward: 3 coins
Initial Supply: 2.9 million coins
Total Supply: 4.2 million coins
Proof of Work Difficulty = 0.05650192
Proof of Stake Difficulty = 0.00024414
Market Information
EthereumDARK (ETHD) shares are currently traded on one exchange https://www.coinexchange.io/market/ETHD/BTC at approximately $0.0925 assuming a Bitcoin price of $3700 and an ETHD price of 2500 sats as of the time of this writing on September 16, 2017. Additional exchange are planned by the EthereumDARK management team. C-cex and Novaexchange have been discussed as potential options for new trading venues.
Opportunity for Staking Income
Investors in Proof of Stake (PoS) coins will appreciate the 10% staking return for running your wallet and securing the ETHD network. For those readers that are not familiar with Proof of Stake coins, these are coins with an alternative consensus method where you process transactions on the blockchain network proportionate to your stake in the blockchain network. As you increase the size of your take, you gain the right to process more transactions on the network. I started staking this coin since the day of the receipt of 400 ETHD shares from the first airdrop and received a payout of about 0.1 ETHD payout within about 24 hours and additional payouts since then.
Opportunity to Earn Coins for Development
There are multiple opportunities for crypto investors to earn coins with the fruit of your labor and creativity. Some suggestions are below:
- Social Media (Facebook, Reddit, Twitter, YouTube, etc)
- Blogs (Blogspot, Medium, Tumblr, Wordpress
- Design development (signature for forums, wallet design, graphics, website enhancements)
The full distribution plan as described on the ETHD ANN on Bitcointalk.org is as follows below:
★10% Development team (3.33% each)
★5% Marketing / Public relations
★5% Free give aways in reward system
★5% Reward to help get listed on any exchange (We will divide this for members who work together, 1% per exchange)
★10% Bounties & Airdrops 1, 2, 3 and 4 (Final), (Airdrop 2 starts at 20k views, 3 at 35k views, 4 at 50k views)
★5% Development fund for merchant integration: (Creating merchant service, Smart Cards, Shopping platform and more)
★10% Development fund for web infrastructure (Redesigned wallets, adding masternodes, cryptography, etc)
★5% To ensure block chain runs smooth (After all distributions are handed out, we will decide as a community on what to do with these coins)
★10% Bounties for Moderators and translators (Each one gets paid once or twice a week, until supply is over)
★5% Lottery program. 4 winners per week. (Program length 156 weeks. Award amount = 336 coins per winner)
Clearly, there is risk with either making an investment or investing sweat equity. Entrepreneurship and business formation are littered with the corpses of fallen dreams, but nonetheless I thought highly enough of this blockchain platform to share the opportunity with readers and trigger thoughts of their own from this kernel of an idea.
As always your feedback on this article or any aspect of this blog is welcome. 🚂
There is a 2nd round airdrop that is scheduled to start shortly for the ETHD coin. It will be announced at the Bitcointalk.org ANN address provided.
So 10% annual reward for PoS translates to me as 10% inflation for everyone else. Tisk tisk.
Inflation rates vary quite a bit across coins, Deep Onion is 10%, Triangles is 33%, Bitbay is 1%. Its hard to make a firm conclusion about whether an investment will be successful just from the staking rate. I like it because it has much smaller share count than most coins and active development. Many of the new ICOs are in the hundreds of millions or even billion plus shares.
Where do you see this going now? Any type of entry point you recommend at around its current price?
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