This is not the complete ANN
Do you owe the IronBank?
IronBank Coin [IBC] is a cryptocurrency that builds its own infrastructure based off the world created by George R.R. Martin in his series "A Song of Ice and Fire".
What do you mean by infrastructure?
Let's start with the definition first, "The basic physical and organizational structures and facilities (e.g., buildings, roads, and power supplies) needed for the operation of a society or enterprise." We are bringing the Known World to the digital world with IBC. Implementing a digital version of Westeros to the forefront, you can play in a 24/7 Global Game of Risk.
Initial Distribution of the Land (ICO info)
ICO? Aren't those all scams?
The initial coin offering will be of 21% of the coin cap during the PoW (Proof of Work) stage. This will be for the enthusiasts and early investors who enjoy the idea of buying and ruling the only digital platform of Westeros and Essos. The "Seven Realm" blocks will be open for ICO 1-by-1 each day during the week. Each having a title of a realm and an equal 3% of the coins. Everyone who offers BTC to "buy-in" will be given the % amount of the total coins donated. This adds variety to the usual presale or ico structure, maybe you want to donate only on your favorite regions or maybe one day the amount donated is low so you choose only to donate on only that day.
Specifications
Name: IronBankCoin
Trade Symbol: IBC
Total supply: approx 7,000,000
Algorithm: Scrypt (PoW)
Block time: 30 Seconds
Difficulty retarget: every block
NO premine.
21% ICO+79% PoW mining
Switch to PoS with an annual 15% interest
Block Rewards 90 Day PoW
Block 1 = 1,470,000 IBC (21% ICO Distribution)
Blocks 2-1000 = 0 IBC (To prevent instamine)
Blocks 1001-44200 = 64.0046296
Blocks 44201-87400 = 42.66
Blocks 87401-130600 = 21.33
last edited: 7/28/14