Topic: UPDATE [ANN] #GRYF @GryfenCoin #XXX28.5K 100Trillion+, PoW/PoS*C/PoW*C, Fun, CPU

[devnullius]

Update: IPO analysis



GryfenCoin


Ticker: GFC

Launches August 20th, 2014

Official Website: http://www.GryfenCoin.Com , http://www.GryfenCo.in , http://www.GryfenCryp.to

GryfenCoin comes from our passion to bring continuous improvement to the cryptocurrency industry and TRUE decentralization along with random rewards to simulate what actually happens in nature vs. a cold system.  We've seen coins come and coins go - we aim to do the opposite of that.  We want to provide more chances for more people and for more sides of the market to enter cryptocurrency and to create a crypto that could be useful for microtransactions and as a large, flexible payment network.

GryfenCoin is the currency behind and backing the GryfX Cryptocurrency Options Market(August 20th) - At time of writing we have 30+ coins pledged to move forward with us.  Within our options market we will provide developers of the coins the opportunity to best vertically integrate their coin and coin promotions within our super simple webApp/App Options Market.

GryfenCoin is backed by physical value that grows through exchange activity & daily turnover plus exchange dividends that are paid into the physical value store unit.  Instead of a few private speculators gaining from the network everyone is able to benefit from a larger, stronger, more valuable system - with their money reflecting that value.



IPO Page
http://gryfenco.in/register


Specifications
http://gryfenco.in/specs

1. PoW/PoS*C/PoW*C
2. XXX 28.5K -- mod of X13
3. 100 trillion-plus total supply
       -- You don't run ever out of Gryfencoins, but it never gets easier to mine them either
4. Block time: 60 seconds
5. Block reward: Fluctuating, always between low/high limit
       -- Low/high limit starts at (50, 50,000); low limit falls by 1 every day for 50 days; high limit = 50,000 + block number - 1


Future & In Progress Plans & Dreams:
  
Web App/App
Trading app HTML app(gryfX)

  
Wallet/Miner

Available on day of Release

  Exchanges:
Ongoing Talks.
  
Source Code:
https://github.com/gryfencrypto
GryfenCoin Github
 

Pools:
Only solo mining to begin with & CPU mining

Other Stuff:

Block Explorer
Inside wallet


GryfenCoin IPO

Buy GryfenShares as part of IPO to receive future coins. We need the IPO funds to help bring on more developers for microjobs, and engineering contractors.

You could own GryfenCoins before anyone else; before they're mined, before they're staked, or traded for.

There will be an IPO of 5,000,000,000 (5 billion) Gryfencoins consisting of 20,000 shares total(each month/staking period) with 1 Share yielding 250,000 GryfenCoins on Launch, August 20th, 2014

1 Share costs 0.002BTC


Selling shares in weekly deliveries on Proof of Staking of GryfenCoin’s Options House Account   0.1%-1% (ie, premine amount)
- Selling 4 weeks out, minimum 1 share, Gryfen may hold a  5% reserve of GryfenCoin futures per month(to mint into coins held then sold by the exchange) but may exercise the option to sell 100% of Futures instead of the 95% Minimum.

If you want to get involved and purchase GryfenShares please visit the link below
http://www.GryfenCo.in/register.html

A list of cryptocurrencies whose developers have committed to participation on the options market:
1. Stability Shares - https://bitcointalk.org/index.php?topic=490529.0
2. HTMLCoin - https://bitcointalk.org/index.php?topic=507215.0
3. VeriCoin - https://bitcointalk.org/index.php?topic=602041.0
4. XXXCoin - https://bitcointalk.org/index.php?topic=665809.0
5. TitCoin - https://bitcointalk.org/index.php?topic=423523.0
6. Karma - https://bitcointalk.org/index.php?topic=447657.0
7. JudgeCoin - https://bitcointalk.org/index.php?topic=666335.0
8. IsraCoin - https://bitcointalk.org/index.php?topic=529409.0
9. MartexCoin - https://bitcointalk.org/index.php?topic=598162.0
10. WorldAidCoin - https://bitcointalk.org/index.php?topic=660090.0
11. OnyxCoin - https://bitcointalk.org/index.php?topic=717337.0
12. Qora - https://bitcointalk.org/index.php?topic=522102.0
13. CannabisCoin - https://bitcointalk.org/index.php?topic=486509.0
14. WorldDollar - https://bitcointalk.org/index.php?topic=705160.0
15. ShadowCoin - https://bitcointalk.org/index.php?topic=404774.0
16. PandaCoin - https://bitcointalk.org/index.php?topic=460037.0
17. NestCoin - https://bitcointalk.org/index.php?topic=624041.0
18. Negotium - https://bitcointalk.org/index.php?topic=451306.0
19. EnergyCoin - https://bitcointalk.org/index.php?topic=589008.0
20. GroupCoin - https://bitcointalk.org/index.php?topic=24813.0
21. HempCoin - https://bitcointalk.org/index.php?topic=506320.0
22. ApexCoin - https://bitcointalk.org/index.php?topic=686403.0
23. G8Coin - https://bitcointalk.org/index.php?topic=667329.0
24. ScotCoin - https://cryptocointalk.com/topic/9033-scotcoin-scot-information/
25. OrcaCoin - https://bitcointalk.org/index.php?topic=475799.0
26. RainbowCoin - https://bitcointalk.org/index.php?topic=467851.0
27. BizCoin - https://bitcointalk.org/index.php?topic=725670.0
28. XCloudCoin - https://bitcointalk.org/index.php?topic=702981.0
29. CarbonCoin - https://bitcointalk.org/index.php?topic=465364.0
30. TittieCoin - https://bitcointalk.org/index.php?topic=437695.0
31. FuelCoin - https://bitcointalk.org/index.php?topic=589879.0
32. ShillingCoin - https://cryptocointalk.com/topic/8791-shillingcoins-shi-information/
33. GlobalDenomination - https://bitcointalk.org/index.php?topic=578574.0
34. UnbreakableCoin - https://bitcointalk.org/index.php?topic=539945.0
35. RipoffCoin - https://bitcointalk.org/index.php?topic=721006.0
36. VikingCoin - https://bitcointalk.org/index.php?topic=649169.0
37. SovereignCoin - https://bitcointalk.org/index.php?topic=489850.0
38. FerengiCoin - https://bitcointalk.org/index.php?topic=484841.0
39. BigBangCoin - https://bitcointalk.org/index.php?topic=716901.0
40. CannaCoin - https://bitcointalk.org/index.php?topic=482425.0
41. Coin of the Magi - https://bitcointalk.org/index.php?topic=548368.0
42. TeddyCoin - https://bitcointalk.org/index.php?topic=671413

If you want your coin to be featured on the GryfX cryptocurrency options market, Tweet us or email us.

Social Media:

Twitter: https://twitter.com/gryfencoin
Plus, as a lot of you have noticed there will be more and more characters in the GryfenWorld and we look forward to the interactions

Facebook: https://www.facebook.com/gryfencoin

Reddit: http://www.reddit.com/r/GryfenCrypto/

Contact: GryfenCoin@Gmail.com

We welcome all constructive comments and suggestions and will be monitoring this thread.

[devnullius]

(Right click and download Image for best results: the image is really, really big.)

And because this infographic might be confusing to read, they re-made this infographic into this version: