GermanCoin is a worldwide peer-to-peer digital currency.
JAMAAH45
GermanCoin GCX
Project Goals
GermanCoin (GCX) aims to achieve 1 billion users in our ecosystem, providing unique products and services and create a total capitalization amounting to over 100 billion US dollars within 5 years. Such business evaluation is possible, based on the planned gaining of 1 billion users, and assumed upon the market value of a user in the amount of $100. Due to our commitment in the creation of a number of services that will be served by GermanCoin currency, the team is confident that the actual capitalization of the entire Project will be much bigger.
The more people join our network, the more value the network provides to each user. Think about it as a partnership, we develop the community together with users and share the value of the network with them. Those people who share our confidence in the success of the Project, in fact, become a part of our team and our co-shareholders due to the GCX accumulation on their personal account using only own social connections and doing different activities inside of GCX ecosystem.
The future of the business is based on digital money
Trade, pay and save with GermanCoin
● You store GermanCoins in the digital wallet on your mobile phone so you will always carry them with you. You can pay realtime whenever you need to.
● With GermanCoin you send money to each other and pay goods instantly wherever it is accepted.
● How GermanCoin increases your capital?
With every new user the value of GermanCoin increases. For payments or as an investment, you decide the way you use GermanCoin.
Economic model
The aim of GermanCoin is to contrast with the up to now introduced crpyto currencies and to define a new standard. Up to the stock market introduction intended in 2020 there will be approximately 800.000 active users in GermanCoin. With the stock market introduction, there will be approx. 10.000 acceptance places worldwide who will accept the GermanCoin as a currency. It can be assumed that once the GermanCoin has been introduced at the stock market there will be additional acceptance places in great numbers, so that in a period of a few years after the stock market introduction a number of 50.000 acceptance places can be assumed as realistic.
The value of the GermanCoin will be protected by commodity values in the form of precious metals. And this underlapping not by means of value rights separated but in a mix of 1/3 of gold, platinum and palladium will occur in actual form. The mix from a big number of users, a high number of acceptance places as well as the commodity value in precious metals gives the GermanCoin a value increasepotential which lets an outlook for the next 5 years seem realistic that the GermanCoin, after the stock market introduction, reaches a value of 5 US-Dollar.
Non-Fixed Supply
GermanCoin has an initial non-fixed supply of 100,000,000,000 coins (GCX). The basic money supply amount is created as an ERC-20 Token Smartcontract on the proven Ethereum platform. This approach eliminates a cryptocurrency premine. Further issue of coins will be conducted via Proof-of-Stake (PoS) block generation indefinite period, providing growth of coin supply from 1% to 10% interest per year. The currency issuer (company) will be distributing GermanCoin according to the distribution model defined below.
Global Payment System
As the number of acceptance points (AP) will continue to grow we expect GermanCoin to become a global Payment Systen (PS) and value transfer instrument. Merchants will integrate GCX to acquire more customers while GermanCoin owners will seek for goods and services to purchase in exchange of coins they hold. We plan to improve this system by implementing P2P lending capabilities, as well as introducing other financial services on top of it.
Technology
● Overview
GermanCoin is a peer-to-peer digital currency with a distributed, decentralized public ledger, which unlike those of traditional banks is viewable and easily audited by anyone. GermanCoin uses a Proof-of-Work (PoW) creation cycle followed by transition to full Proofof-Stake (PoS). Proof-of-Stake is eco-friendly and efficient, and avoids the vast waste of energy and hardware overhead of PoW-based networks. Users who keep their wallet open to secure the network via staking will get from 1% to 10% interest per year.
GCX transactions are extremely fast due to the approach described and get processed within a few minutes. The software (wallet) is open source, so its safety can be audited. Every GermanCoin user shares the transaction history, so the ledger is entirely transparent. From the technological perspective, GermanCoin will utilize its own independent blockchain, as opposed to many other cryptocurrencies built on top of existing public blockchains (e.g. Ethereum). GCX uses a pure Proof-of-Stake (PoS) block generation model, ensuring ecofriendly approach to transaction processing.
Blockchain
Blockchain databases is the cutting edge of transactional database technology. They have a number of properties that make them more attractive and efficient for digital currency compared to centralized databases.
Economic model
The aim of GermanCoin is to contrast with the up to now introduced crpyto currencies and to define a new standard. Up to the stock market introduction intended in 2020 there will be approximately 800.000 active users in GermanCoin. With the stock market introduction, there will be approx. 10.000 acceptance places worldwide who will accept the GermanCoin as a currency.
It can be assumed that once the GermanCoin has been introduced at the stock market there will be additional acceptance places in great numbers, so that in a period of a few years after the stock market introduction a number of 50.000 acceptance places can be assumed as realistic. The value of the GermanCoin will be protected by commodity values in the form of precious metals.
And this underlapping not by means of value rights separated but in a mix of 1/3 of gold, platinum and palladium will occur in actual form. The mix from a big number of users, a high number of acceptance places as well as the commodity value in precious metals gives the GermanCoin a value increasepotential which lets an outlook for the next 5 years seem realistic that the GermanCoin, after the stock market introduction, reaches a value of 5 US-Dollar.
Non-Fixed Supply
GermanCoin has an initial non-fixed supply of 100,000,000,000 coins (GCX). The basic money supply amount is created as an ERC-20 Token Smartcontract on the proven Ethereum platform. This approach eliminates a cryptocurrency premine. Further issue of coins will be conducted via Proof-of-Stake (PoS) block generation indefinite period, providing growth of coin supply from 1% to 10% interest per year. The currency issuer (company) will be distributing GermanCoin according to the distribution model defined below.
Distribution Model
GermanCoin initial supply will be distributed to several categories of businesses with the following proportion:
● marketing activity by users takes 20.000 M GCX,
● Users worldwide 70.000 M GCX,
● GermanCoin Foundation 1.000 M GCX
● 9.000 M GCX for the development of products and services to be conducted by the GermanCoin team.
Initial owner of coins will be exchanging it to Bitcoin and Fiat currencies at a pre-determined fixed rate. The rate is gradually increased as we get closer to the goal (a number of users in the ecosystem). Coin owners will have a strong incentive to accumulate coins they hold for reasons of Proofof-Stake model, giving from 1% to 10% interest per year for holding GCX. This effect will ensure the safety and stability of the whole network by bringing online more full nodes to process transactions and blocks in the system.
Specifications
● Initial supply 100.000.000.000 GCX
● Average block generation time: 60 sec.
● Block generation model: Proof-of-Stake (PoS)
● PoS reward: 1-10% o Inflation: ~ 1%
● Min. transaction fee: 0.0001 GCX
● Blockchain: standalone
● Initial transaction throughput: ~ 50 tps
● API: JSON-RPC, Bitcoin-compliant
● 256 Bit Encryption
Pre Sales is over!
● For OTC Token Sales just contact us via DM !
● Period: 05/18/19, 12:00h am until open end!
● Pre Sales Target: 300,000,000 GCX
Presales order rates:
● 0.1 ETH = 25,000 GCX
● 0.2 ETH = 50,000 GCX
● 0.3 ETH = 100,000 GCX
● 0.4 ETH = 150,000 GCX
● 0.5 ETH = 200,000 GCX
● 1 ETH = 1,000,000 GCX
● 10 ETH = 11,000,000 GCX
● 50 ETH = 60,000,000 GCX
Minimum order is 25,000 GCX !
Order Process:
2. After your wallet is set, you need to send ETH to our wallet Address:
0x002a9c2785688E0004d9C8F4a1D7163CE761c4D7
3. After confirmation of the Transaction we will transfer the ordered GCX to your wallet
4. If you want more GCX for free follow us on twitter and join to our airdrops !
5. Join us on twitter to be informed with latest information about the project !
We accept also Paypal transactions in equivalent fiat money to info@germancoin.info !
The raised funds will be used to invest in new hires, in tech equipment, preparation of ICO and listings in crypto exchanges !
Bonus structure has been set:
● 100000 GCX - 10% Bonus
● 250000 GCX - 20% Bonus
● 500000 GCX - 30% Bonus
● 1Mio. GCX - 40% Bonus
● 10Mio. GCX - 50% Bonus
ROADMAP
Q1 2018:
● 03/23/2018: Creation of ERC-20 Token Smartcontract
Q2-Q4 2018:
● Design initial Website www.germancoin.info
● Creation of Whitepaper
● Preparation of social media
Q1-Q2 2019:
● Start of Pre-Sales
2020:
● Preparation and execution of IEO´s
2020:
● Listing on exchanges
Conclusion
GermanCoin resides on the cutting edge of the payments technology innovation combining the most robust cryptocurrency network with strong social networking effects. Its economic model has solid usage incentives. The technology behind GermanCoin as a system ensures ist independence, safety and scalability. We believe that GermanCoin has the potential to compete with leading global payment systems.
For more detailed information, please visit the link below:
● https://twitter.com/GermanCoin_GCX
● https://t.me/GermanCoin_GCXChat
AUTHOR
USER NAME: JAMAAH45
ETH: 0x7A5df2D8D32b8f8e4FC6BF71D2BDfe69992D1C1B