Where can I find more details about mining ?
Hi T16ER, thanks for your question about mining.
I will not give out DNSSEED until the ICO is over. However, we might release TESTNET.
Titus Coin is not any altcoin, it actually is trying to solve merchant acceptance of crypto.
When a merchant accepts a Titus Coin they can if they wish instantly convert it into FIAT (Euro, USD, KRW or where ever it might be).
Because if this we have stores contacting us 24/7 wanting to join in.
But we still need your help, the cryptocurrency community.
Cause the more we can sell on the ICO (and keep in mind, we are not keeping much for our self, most go directly into the merchant fund) the better deals we can get with store and chains.
Interesting project - I like it!!
Good luck - are there lots of merchants in the pipeline?
Yes, a lot!
As soon as the ICO is over we will start launch online and offline test studies during November-December. Once we verify that all systems are easy enough to use for every common woman/man/child we will start the Educated Affiliates merchant program.
After that, it will spread like wildfire. 3000 Educated Affiliates running around adding stores.
But we are mostly based out of Sweden, even though our head office in Malta, all developers are here in Sweden.
So that's why we have so many test stores (both online and offline) here, so properly test and evaluate.
Here is one of the test stores and more press releases will come out during the ICO.
https://www.mynewsdesk.com/mt/titus-invest-ltd/pressreleases/swedish-webgallerian-dot-se-embrases-the-digital-currency-titus-coin-2211230
One additional good part is our brand new exchange Payens (that will open really soon). Here you can actually trade in your allowed currencies for Titus Coin and use them directly.
So imagen being in Spain, have a beer at some nice bar in Marbella and real-time trade some DASH to Titus and pay for the tab, without using any bank or any FIAT money.
Fantastic! Exciting times - good luck!!
Am I correct in thinking that most of the money goes into a fund to hold to have money to settle with merchants? Does the fund grow from transaction fees?