Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [0.9.1] Ozziecoin - Australia's first widely distributed digital coin
by
SecretsOfCrypto
on 04/04/2015, 04:54:24 UTC
"widely distributed". How do you plan to achieve this?

Simply register at ozziecoin.com/faucet/default.php and claim your initial 500 OZC. And every 2 weeks 5.04 Millions OZCs are distributed among all registered people. This is exactly the amount of OZCs that can be mined over the same period. So you can mine, you can only register and gain coins and you can do both. Every 2 weeks we have 10.08 millions new coins in circulation.

Hmm strange method for distribution. I see how you don't need a miner anymore to get coins making access to the coins really easy. But how to you get people to sign up for the site? Whats the distribution like? thanks