Total Members: 14197
Posted by: devnullius
« on: 08. May 2014., 21:48:50 »FROM: https://bitcointalk.org/index.php?topic=598375.msg6581354#msg6581354
Unum - Launches June 1st.
Currently in IPO stage! It's 100% FREE! Details below...
Currently in IPO stage! It's 100% FREE! Details below...
One coin to rule them all, one coin to gather them together, one coin by the people for the people. Distribution to all.
Unum is a cryptocurrency that uses Proof of Work/Proof of Stake method to generate new coins and keep the network secure. Unum uses peer-to-peer technology to execute operations with no central authority similar to other cryptocurrencies, but avoids the Proof of Work techniques to mint credit within the network, creating a more environmentally friendly payment protocol.
Technical Specifications
Algorithm: POW+POS (Scrypt)
Total coins: 100,000,000
Block Time: 60 sec.
Blocks 2 - 200 Reward: 1 UNU (Avoiding Instamine)
Block Reward: 50 UNU
Difficulty Retarget: Every 10 blocks
Block Halving Rate: Every 6 months
Initial supply: 50%(25% Initial Public Offering Distribution / 25% Open & Free Distribution to ALL )
50% FREE IPO DISTRIBUTION
POS Interest: 1% per annum
What Makes Us Different?
Unum is not different in that we bring new breakthroughs to the crypto space, we are building off the existing breakthroughs that have been made. You may ask then what is left that is good about our coin….? We believe the most important success to the future of a coin is its users which is why we have decided to freely distribute 50% of the coins (100% of Pre-mined coins) supply equally among all users. With our existing relationship with major exchanges that we plan to be on shortly after launch and the great influx of crypto enthusiasts that will have their hands on Unum at launch, our team will be on the hinges of our feet to gain community adoption and develop useful services and business partners in the market. We have also opened an IPO for those who are so motivated and behind this that they would like to throw money behind this project.
Unum IPO
25% of the Unum pre-mine will be distributed through our initial public offering. Before we discuss how the IPO will run and what this fund will be used for, we'd like to share some points with regards to decisions we have made in this distribution choice. There is no fair way to distribute an entirely proof-of-stake coin, however we have attempted to implement restraints to create as fair of an initial distribution as possible:
We have also set a maximum investment cap. The maximum amount that can be invested in the IPO is 5 BTC per person. If anyone throws in more than 5 BTC into this IPO, the money will be returned (minus TX fees) to the BTC address that sent the payment.
How to invest in Unum
To invest in Unum IPO, we have decided to do a 100% escrow to provide assurance and security for all investors. We want to educate the least among us how to conduct a professional IPO and want to raise the bar high for future coin IPOs.
An escrow service provider will be chosen shortly, till then there will be no address where to send investments.
Unum Free IPO: Crypto Community-Wide Distribution
TO PARTICIPATE IN THE EXCITING LAUNCH OF UNUM AND TO GET YOUR HANDS ON SOME COINS, YOU CAN DO SO BY SUBSCRIBING TO OUR MAILING LIST HERE. WE WILL SEND DETAILS ON HOW TO CLAIM COINS AFTER LAUNCH
~ http://twitter.us8.list-manage.com/subscribe?u=1bbd75eb7794e2be35b7ce345&id=53c6702271
When Unum launches, you will receive an email with a link where you will be prompted to enter your Unum address. Note that you MUST enter your address within 24h of the Unum wallet launch. Once you have entered your Unum address, you will be sent your share of Unum within another 48h after the initial deadline to submit Unum wallet address.
Holding to our strong commitment to total 100% transparency, the block chain will be made public so that the address’ of everyone who received a share in the free Unum distribution will be visible to the entire community.
Technical Specifications
Algorithm: POW+POS (Scrypt)
Total coins: 100,000,000
Block Time: 60 sec.
Blocks 2 - 200 Reward: 1 UNU (Avoiding Instamine)
Block Reward: 50 UNU
Difficulty Retarget: Every 10 blocks
Block Halving Rate: Every 6 months
Initial supply: 50%
50% FREE IPO DISTRIBUTION
POS Interest: 1% per annum
What Makes Us Different?
Unum is not different in that we bring new breakthroughs to the crypto space, we are building off the existing breakthroughs that have been made. You may ask then what is left that is good about our coin….? We believe the most important success to the future of a coin is its users which is why we have decided to freely distribute 50% of the coins (100% of Pre-mined coins) supply equally among all users. With our existing relationship with major exchanges that we plan to be on shortly after launch and the great influx of crypto enthusiasts that will have their hands on Unum at launch, our team will be on the hinges of our feet to gain community adoption and develop useful services and business partners in the market. We have also opened an IPO for those who are so motivated and behind this that they would like to throw money behind this project.
25% of the Unum pre-mine will be distributed through our initial public offering. Before we discuss how the IPO will run and what this fund will be used for, we'd like to share some points with regards to decisions we have made in this distribution choice. There is no fair way to distribute an entirely proof-of-stake coin, however we have attempted to implement restraints to create as fair of an initial distribution as possible:
We have also set a maximum investment cap. The maximum amount that can be invested in the IPO is 5 BTC per person. If anyone throws in more than 5 BTC into this IPO, the money will be returned (minus TX fees) to the BTC address that sent the payment.
How to invest in Unum
To invest in Unum IPO, we have decided to do a 100% escrow to provide assurance and security for all investors. We want to educate the least among us how to conduct a professional IPO and want to raise the bar high for future coin IPOs.
An escrow service provider will be chosen shortly, till then there will be no address where to send investments.
Unum Free IPO: Crypto Community-Wide Distribution
TO PARTICIPATE IN THE EXCITING LAUNCH OF UNUM AND TO GET YOUR HANDS ON SOME COINS, YOU CAN DO SO BY SUBSCRIBING TO OUR MAILING LIST HERE. WE WILL SEND DETAILS ON HOW TO CLAIM COINS AFTER LAUNCH
~ http://twitter.us8.list-manage.com/subscribe?u=1bbd75eb7794e2be35b7ce345&id=53c6702271
When Unum launches, you will receive an email with a link where you will be prompted to enter your Unum address. Note that you MUST enter your address within 24h of the Unum wallet launch. Once you have entered your Unum address, you will be sent your share of Unum within another 48h after the initial deadline to submit Unum wallet address.
Holding to our strong commitment to total 100% transparency, the block chain will be made public so that the address’ of everyone who received a share in the free Unum distribution will be visible to the entire community.