DiscountCoin - new cyptocurrency masternode coin with immediate use

in #masternode7 years ago

I just happened across this new coin that is in ICO (https://discountco.in/buy).  Looks amazing.

It's even on masternodes online ( https://masternodes.online/currencies/DSC/ ) .

Below is some info, but check out their website ( https://discountco.in/ ).  Or their discord (https://discord.gg/dFwsQq2 ).  They even have bounties you can join so you can stake right away (I'm staking with coins from a bounty and getting stakes already).

At the very least, join a bounty, get some free coins, stake it, and you may hit a lucky block and get 5000 coins.


Mission

Our goal is simple, give the world an opportunity to use crypto-currency everyday to buy items at discounted prices in every stores accepting it. The network will reward shop owners making an effort to propose those prices by giving them more coins as they accept more transactions.

Plan

Using the emerging technology of Proof-of-stake Masternodes, we plan to reward staking people with coins each time a block is mined. You can find all information about our technology in the "staking" section.

As a customer, you will be able to buy your items, pay for the restaurant, or go to the cinema with a discounted price.

As a shop owner, you will sell with a discount but you will earn more coins by staking them is your wallet, thus making a profit as if you sold for more than initial price. 

Vision

Our vision is long term based.

We are planning a wide customer usage during first year to build the Discount network and strengthen POS system with an Intial Coin Offering (ICO).

Masternode will be rewarding early adopters by great amount during the first year. Then we will promote our technology to local shop owners, still encouraging them to propose discounted prices and earn rewards themselves.

Discount Coin network is designed to give great rewards during at least 20 years ! 

Basic Specifications
Coin Name : Discount Coin
Ticker : DSC Coin
Type : pure PoS
Algorithm : Scrypt 

Detailed Specifications
Max block size : 3 Mb
Block Time : 60 seconds
approx Blocks/Day : 1440
Minimum Stake Age : 2 hours
Coin maturity : 50 blocks
Max Supply : 50,000,000
DSC Difficulty retarget : every block
Ports : Network 9444 - RPC 9445
Value Tx : low fees
Transaction : Super fast transactions
Eco-friendly : no mining, pure Proof-of-Stake
Stealth addresses : Darksend Private Mixing Private Encrypted : Desktop Blockchain Messaging
Low Premine : 4% total : 3% for ICO - 1% for promoting


Masternodes
Masternode collateral : 5000 DSC
Block Reward : 75% Masternodes, 25% Staking
Block Reward : Growing first year and staying two-digit numbers for 10 years
Lucky Blocks : 5000 DSC reward on 18 milestones blocks, 16 during first year
Marketcap after ICO : around $98,000,000
Monthly gain after ICO : ~5600$ first month, ~7900$ after 3 month, ~9k$ after 10 month (may vary on market fluctuation)
 

 Proof-of-Stake Rewards

Proof-of-Stake based blockchain rewards coin holders having a masternode of simply staking coins in their wallet. Once ICO is  over, we will list DiscountCoin in main marketplaces. Unlike in  Proof-of-work coins like Bitcoin, Discount coin cannot be mined in ASICs  farms, only coins holders can create more coins. It has a significant  influence on exchange price, avoiding miners to plummet coin price.  Coins are sold by people invested in DiscountCoin blockchain at fair  prices. Here is a  table describing rewards structure, growing fast during the first year  to boost Discount Coin mass adoption, staying lucrative for many years  and slowly declining for next decades. Monthly gain is calculated for 1 Masternode (5000 DSC), based on ICO average price. 

Until block # Duration Reward / Block Monthly gain
10 080 7 days 5 DSC $1411
14 400 10 Days 8 DSC $2258
18 720 13 days 10 DSC $2822
23 040 16 days 12 DSC $3387
27 360 19 days 14 DSC $3951
31 680 22 days 16 DSC $4516
36 000 25 days 18 DSC $5080
43 200 30 days 20 DSC $5645
64 800 45 days 22 DSC $6210
Until block # Duration Reward / Block Monthly gain
86 400 60 days 24 DSC $6774
129 600 90 days 26 DSC $7338
172 800 3 month 28 DSC $7903
302 400 7 month 30 DSC $8467
432 000 10 month 32 DSC $9032
777 600 1 year and 6 month 30 DSC $8467
2 160 000 4 years 10 DSC $2822
4 320 000 8 years 3 month 3 DSC $847
Max supply ... 1 DSC $282

Lucky Blocks

Because getting a  discount price is also funny and sometime due to cheer luck, we  introduced "lucky block" technology in DSC blockchain. 18 milestones blocks are  rewarding 5000 DSC coins when mined. Most of them will occur during  first year to encourage early adoption. Don't hesitate to join in ! 

block # Lucky reward
8 000 5 000 DSC
12 000 5000 DSC
16 000 5 000 DSC
20 000 5 000 DSC
25 000 5 000 DSC
30 000 5 000 DSC
35 000 5 000 DSC
40 000 5 000 DSC
50 000 5 000 DSC
block # Lucky reward
60 000 5 000 DSC
75 000 5 000 DSC
90 000 5 000 DSC
100 000 5 000 DSC
150 000 5 000 DSC
200 000 5 000 DSC
500 000 5 000 DSC
750 000 5 000 DSC
1 000 000 5 000 DSC
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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://discountco.in/upload/whitepaper.pdf

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