Quote from: xgtele on September 29, 2014, 07:56:47 PM

People are still buying MON on Poloniex :-)

Why they are doing it?

The answer is in the MON specifications

Quote from: BorisTheSpider on April 26, 2014, 06:50:52 PM

Specifications:

Premine: Zero

Algorithm: Scrypt-N, merge-mineable on the VTC chain

Block time: 2 minutes

Retarget: Every 12 blocks using BRNDF. Starting difficulty 2.0

Block reward: 25 MON per block, then decreasing by approximately 3% every 10080 blocks (2 weeks). First 1000 blocks ramp up gradually from 1 MON to full block reward. After block 1,468,415 (approximately 5 years and 7 months) only fees will be mined.

Total circulation: 8.4 million MON

TX fees: No free transactions, 0.01 MON base TX fee
Ports: Mainnet RPC port 6888, mainnet P2P blockchain sync port 6889. Testnet RPC 16888 and p2p 16889.

IRC: Freenode #vertcoin

Distribution over 5.6 years (after which time only fees are mined):

Initial distribution: