Post
Topic
Board Announcements (Altcoins)
Re: PROJECT PHOBOS [MASTERNODES][POW][POW][ICO][RE-LAUNCH]
by
art3dsm
on 24/01/2018, 09:33:23 UTC
PROJECT PHOBOS




Phobos is minable coin with masternodes and Proof of stake mining after 2 months, when Proof of work finishes. Based  on PIVX it will deliver privacy, security and fast transactions on the network. Phobos aims to be medium to long term investment, thanks to its low coin supply and gradually decreasing block rewards.

Roadmap :

2018 Q1:

Official launch of coin.
Wallets, Miningpools, Blockexplorers.
2-3 Exchanges.
Website.
Video instructions for setting up masternodes.
MNrank
Coinmarketcap
2018 Q2:

POW ends.
Online wallet for staking
Mobile apps
More exchanges
Payement gateway

2018 Q3, Q4 :

TBA



                                                      
Algo:Lyra2z
Block Time:300 Seconds
Difficulty Retargeting:Every Block
Max Coin Supply (PoW Phase):864,000 PBS
Max Coin Supply (PoS Phase):Infinite
Premine: 100,000 PBS
Masternode Collateral: 5000
### Reward Distribution
PoW Phase
BlockHeight      Reward Amount       Notes               Duration            
1                    100,000 PBS          Initial Premine     0 Days
2-100                  0  PBS                    Anti-instamine
100-600               50  PBS                 No masternode reward
600-17280             50 PBS               Open Mining         Approx 60 Days

PoS Phase
Block Height                         Reward Amount
17281-Infinite                       Variable based on SeeSaw Reward Mechanism

### PoW Rewards Breakdown

BlockHeight      Masternodes         Miner
2-17280          70% (35 PBS)        30% (15 PBS)

### PoS Rewards Breakdown

Phase            Block Height        Reward      Masternodes     Stakers
Phase 1          17281-25921         50 PBS      70% (35 PBS)    30% (15 PBS)  
Phase 2          25922-34562         45 PBS      70% (31.5 PBS)  30% (13.5 PBS)
Phase 3          34563-43203         40 PBS      70% (28 PBS)    30% (12 PBS)
Phase 4          43204-51844         35 PBS      70% (24.5 PBS)  30% (10.5 PBS)
Phase 5          51845-60485         30 PBS      70% (21 PBS)    30% (9 PBS)
Phase 6          60486-69126         25 PBS      70% (17.5 PBS)  30% (7.5 PBS)
Phase 7          69127-77767         20 PBS      70% (14 PBS)    30% (6 PBS)  
Phase 8          77768-86408         15 PBS      70% (10.5 PBS)  30% (4.5 PBS)  
Phase 9          86409-95049         10 PBS      70% (7 PBS)     30% (3 PBS)    
Phase X          95050-Infinite       5 PBS      70% (3.5 PBS)   30% (1.5 PBS)


ICO will be running for 7 days and 35.000 coins will be available. Including 15.000 from previous launch (50% of premine).
Coins will be sold in auction on our discord channel. Any unsold coins will be burned.
Main reason for running ICO is to gain funds for listings on exchanges, and any other fees to support coin now and in the future.







For images.