What is Minexcoin?
MinexCoin (MNC) is a global payments system based on a low volatility cryptocurrency which is a part of Minex ecosystem. Thanks to its stable exchange rate, MinexCoin is a reliable means of payment, while controllable growth of coin price makes it an attractive means of value storage. Containment of volatility and price growth are maintained by the system’s autonomous algorithm acting like a central bank, hence the name MinexBank. Financial instruments it employs would allow traders to earn from exchange rate margin without damaging the coin’s ecosystem. On the contrary, they would support it.
Minex platform combines the functionality of a simple and safe processing infrastructure for online shopping and cryptocurrency operations, an online digital assets exchange, and an investment platform.
The instruments available at Minex enable you to store your money safely, spend them with a couple of clicks, and even obtain guaranteed revenues by just helping the system to remain stable.
MinexCoin (MNC) is different from other altcoins because it’s a stable low-volatility cryptocurrency with fixed annual growth. MinexCoin’s growth is pegged to per annum growth of 10 cryptocurrencies with highest market caps. As per 2016 this growth was indexed at 33,6%. It does not matter if you want to use MNC for trading, longterm investment or day-to-day financial activities, with MNC you will always be gaining value.
MinexCoin is an altcoin yet online-businesses will never lose value if they choose to accept it as means of payment.
MinexCoin is a stable currency but it will be lucrative for medium and long-term investors because of controlled annual growth and interest payments for “parking”.
MinexCoin is a payments system which thanks to low volatility is a robust reserve cryptocurrency and eventually may be adopted as global money.
Low volatility and stable growth are achieved via a smart algorithm we call MinexBank (because its actions resemble those of central banks as they maintain stability of national currencies). The entire ecosystem will be governed by this power algorithm based on predetermined formulas, written by professional economists.
In short, MinexCoin is governed by MinexBank - a smart algorithm that autonomously takes action to maintain MNC’s price in a predictable corridor.
MinexBank’s main instruments of reigning in volatility are parking and interventions.
Parking means temporarily suspending a certain amount of coin on your wallet which will allow you to receive interest. Interest rates will fluctuate according to chosen parking period and current supply/demand balance, effectively incentivizing investors to park coins when supply overpowers demand on the market. When demand is on the rise, interest rates decrease and investors are incentivized to sell. Additionally, MinexBank uses its own reserve to conduct interventions - selling or buying MNC to alleviate market’s pressure.
MinexCoin specifications:
MNC is a derivative of bitcoin source code. Certain changes were introduced to make payments faster and the entire system more stable.
Total amount: 19 000 000 MNC
Block rewards: 2.5 MNC
Hashing algorithm: Mars
Block size: 2 MB
Block time: 2 min 45 sec
Time frame of bounty campaign: March 29, 2017 — June 13, 2017
During a public stage of ICO, you can get Minexcoin by joining the project community and participating in our bounty campaigns.
For early marketing and rewarding active participants of our community, we will reserve 300 000 MNC.
To start participation in the bounty campaign, please complete registration using a link: https://clck.ru/AwHAU
Sections:
- Newsletter subscription
- BitcoinTalk signatures
- Translations
- Activity on BitcoinTalk forum
- Publication of information about the project on other websites
- Creation of topics on other forums and maintaining their activity
- Banner on the website
- Video on YouTube
- Interviews with journalists
- Contact details of journalists and analysts
- News referrals
- Bugs
- Ambassadors
Depending on your participation in the bounty-company, you will be credited with 10 to 50 shares. For each new user who registered for your link, you will be credited for 10 shares.
So, more information about MinexCoin, as well as detailed information about the bounty company on the developer's site:
https://clck.ru/AwHAU