Update 09/06/2014We are now live on C-Cex as ABC2.
Exchanges
C-CEX: https://c-cex.com/?p=abc-btcTicker : ABC2PoW / PoS / PoE Introducing ABUNDANCE! (ABC)An Income Coin.Featuring Fair PoW & Earned Giveaway Distribution7 Days of X11 PoW Only 675,000 Coins Will Be Minted before Generous PoS PoS Percentages Decrease each month and continue over 8 years. With The Combination Of Minting/PoS After 8 yearsCoin specs Name: Abundance (ABC)
Algo: X11
Block time: 30 sec
PoS starts at block: 5000
Block retarget: every 20 blocks
POS interest: - Variable - See Below
Coins stake after: 24 Hours
Confirmations per transaction: 3
Premine : 675,000
Breakdown of Distribution:
I. Introduction
II. Who?
III. Highlights and Advantages of this coin
IV. Our Giveaway: Introducing Proof of Effort (POE)
I. Introduction:
Abundance (ABC)
Abundance is a concept of spreading the wealth of a coin (or Abundance) and allowing its holders to make residual income off of the coin through the PoS algorithm. We call this an INCOME coin. We’ll make no further promises other than we’re going to do or best as a team and that this coin direct response of empty promises and disappearing development teams...
The Abundance (ABC) development team welcomes the challenge of earning your trust.
II. Who?
We’re Bittzy78 and JDS1000 and we run CryptoSandwich and love to give away coins. The Sandwich community is among the largest and strongest in CryptoLand. We’re experienced at working on and with coin
development teams promoting coins, working closely with exchanges and running successful businesses.
Our Team:Bittzy78 - Co-Founder
https://bitcointalk.org/index.php?action=profile;u=192898Development Team for Coin2 & Moderator for Coinzen, BitcoinGarden Forums
JDS1000 - Co-Founder
CryptoSandwich
QiBucks - Facebook Marketing and Communications
CryptoSphere/BitBillions
RichFinch Design & Graphics/Communications support
Smart15 Manager of Distributions/Multipool
II. Highlights and Advantages of this Coin:
Highlights
Innovations - Sure we’re a shitcoin as far as the technology is concerned, but we've come up with 2 things that differentiates ABC from other coins...
In Distribution: PoE - "Proof of Effort" This one involves no mining, but human efforts. It's not a true giveaway coin like CommunityCoin or Coin2, as we require effort/promotion/social media tasks in order to help create momentum and community for Abundance.
Income/PoS - Abundance is so aggressive in its staking/interest, that we're calling it an income coin. The act of holding this coin creates income to the tune of 20% monthly interest or over 240% annual interest in the 1st month and gradually tapers off over time...
We want to reward people for holding Abundance and think that more coins will start copying this income approach...
ABC has 2 distinct PoE phases of distributing our coins to those that earn them....
PoW - Yes there is mining - concentration of 355,000 Coins over 10 Days.
How do I attain Abundance? We are very inclusionary...PoE: ABC can be earned by via PoE detailed below.
PoE: ABC can be earned by voting in Phase Two.
PoW: ABC can be mined.
Abundance will be available via the leading Exchanges
Proof of Stake Percentages
Month 1 - 20% Monthly Interest (240% Annual)
Month 2 - 10% Monthly Interest (120% Annual)
Month 3 - 7.5% Monthly Interest (90% Annual)
Month 4 - 5% Monthly Interest (60% Annual)
Month 5 2.5% Monthly Interest (30% Annual)
Months 6-12 1.25% Monthly Interest (15% Annual)
Years 2-4 5% Annual Interest
Years 5-8 2.5% Annual Interest
Advantages[size]
Name - Desireable Acronym (ABC) will be near the top of the exchanges alphabetically. (This sounds funny but I remember liking that about ZetaCoin on Cryptsy - Easy to find is an advantage).
Name is Synonomous with Success/Thriving
Distribution Earn coins with and/or without mining is a new concept
Earned by voting and actively participating and becoming a part of something
Round 2 Distribution dependent of Exchange Votes
Team contains Coin Marketing Industry Leaders with lots of relationships and earned goodwill
Largest, most-focused marketing team - everyone doing what they are great at.
Incentivized to succeed - and only receive bounties upon delivery.
Community Launching with>500 Significant Stakeholders
Incentives to hold (Aggressive PoS and 2nd Round Distribution).
Proof of Effort (POE)
Money Supply