Specifications

Algorithm:
Custom Tendermint Delegated Proof-of-Stake

1st year PoS reward:      ~10-20%

Total supply:         100mln
Non-Profit Foundation:   25%
Merchant Pool:         25%
Development Pool:      25%
Stakeholder Pool:      25%


- 65% of total tokens will be locked up and staked and slowly released to the Foundation where they can be used to fund operations and incentivize adopters.

- 25% Stakeholder Pool has been sold to core team members and will be released to the market when the PoS network is up.

- 10% of the Development Pool will be released on initial launch of the network, the rest will be in lockup.

- 1mln tokens represent 1% stake in the PoS network, merchants pay fees per order to the network which are distributed amongst stake holders.



PoS Custom Tendermint Network Launch
Currently the network is being setup and tested for our Custom Tendermint Delegated Proof-of-Stake consensus model. We expect to launch the initial PoS network in the 1st quarter of 2018.