fAirCoin
6 Blocks a day
Blocks payout for 2 years (max 4380 blocks)
Block payout is always 23 coins
Thats a total of 100740 coins
I will back the currency with my own, and offer to buy 10 coins for £1 you can still sell it higher, but I will always sell 10 coins for £1.01
I will accept bank transfer, credit card
I will pay using paypal or bank transfer
The coin will be mineable using existing scrypt
I will host an online wallet & Static (@ 1.01GBP) currency exchange AIR > GBP
I encourage people to trade the coins for ecig related products.
The currency already has a value exceeding £10,000
Thoughts on this kind of startup?