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Do you want the community to support the coin? This is a good idea, which is difficult to implement. How are you going to attract people? Deeponion and SEmux were able to do it in due time.
We plan to set up a Community Representatives structure by the new year as it will take a while to build and implement. The fine details for each representatives' term length and powers are yet to be discussed. But the principle of the structure is to allow the investors to choose their representative for their country and trust them to vote on decisions or proposals that play a crucial part in the coin's future - therefore allowing the people to have a voice, not just the people at the top. We will try to attract people by marketing, bounties and encourage a friendly community that anyone would feel welcome to.
github, please!
The GitHub link is https://github.com/RPDCoin/rapid
WEBSITE | TWITTER | DISCORD | EXPLORER | WHITEPAPER
https://i.imgur.com/I4KQYkm.png
Summary:
Rapid is a 3rd generation cryptocurrency that will be community based and aims to have low fees, instant transactions and will be fully transparent, which are key elements of a successful coin. Our ultimate aim is to process secure and fast payments for online based marketplaces in the future. We also decided to have masternodes to encourage decentralization.
Our technical specifications are:
Coin Name: Rapid
Ticker: RPD
Algorithm: x11
Block Time: 150 seconds
Confirmations: 6
Block Size: 2MB (Megabytes)
Premined Supply: 15,000,000 RPD
Max Supply: 4,500,000,000 RPD
Masternode Price: 60,000 RPD
Masternodes:
Masternodes are a great way to strengthen the decentralized network hosted by the community, it also allows the core functions of InstantSend and PrivateSend to function which allows the full potential of Rapid to be used. It costs 60,000 RPD to host a masternode and the 500 RPD rewards make it a high return of investment. Also with masternodes, you get to govern the proposals sent in by the community whether they deserve a chunk of a superblock to help fund their project.
Block Rewards:
https://i.imgur.com/XO6QGV5.jpg
Roadmap:
https://i.imgur.com/r6Qsmr6.jpg
https://i.imgur.com/I4KQYkm.png
Summary:
Rapid is a 3rd generation cryptocurrency that will be community based and aims to have low fees, instant transactions and will be fully transparent, which are key elements of a successful coin. Our ultimate aim is to process secure and fast payments for online based marketplaces in the future. We also decided to have masternodes to encourage decentralization.
Our technical specifications are:
Coin Name: Rapid
Ticker: RPD
Algorithm: x11
Block Time: 150 seconds
Confirmations: 6
Block Size: 2MB (Megabytes)
Premined Supply: 15,000,000 RPD
Max Supply: 4,500,000,000 RPD
Masternode Price: 60,000 RPD
Masternodes:
Masternodes are a great way to strengthen the decentralized network hosted by the community, it also allows the core functions of InstantSend and PrivateSend to function which allows the full potential of Rapid to be used. It costs 60,000 RPD to host a masternode and the 500 RPD rewards make it a high return of investment. Also with masternodes, you get to govern the proposals sent in by the community whether they deserve a chunk of a superblock to help fund their project.
Block Rewards:
https://i.imgur.com/XO6QGV5.jpg
Roadmap:
https://i.imgur.com/r6Qsmr6.jpg
Got any questions? Feel free to ask here, Twitter or the Discord channel.