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Showing 2 of 2 results by mccullab
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Board Announcements (Altcoins)
[ANN] WoofCoin / New Coin [WOFC] GPU Mining/PoW
by
mccullab
on 08/02/2023, 22:24:03 UTC


WOOF COIN

Since the beginning of the pandemic, pet surrendering rates have increased dramatically around the world. Waitlists for surrendering household pets have increased to a remarkable eight months as animal shelters and welfare organisations have seen an increase of 34% for animals needing help.

Typically, animal shelters are under resourced and under financed; relying heavily on donations and the volunteer efforts to assist animals.

This is where Woof Coin steps in. As avid lovers of dogs, we wanted to make a difference. Using the power of Proof of Work mining, we’ve created a coin where miners are contributing to the donation of money to animal welfare shelters. These shelters initially include the ASPCA who already have a cryptocurrency donation mechanism but with intention to expand to the RSPCA and other organizations suggested by the community. 

Our aim is to put animals first and we intend on developing ongoing relationships with pet shelters to help adoption.

Coins Specifications
21 billion supply
Block 2,100,000 halving (4 years estimated)
Algorithm: KawPOW
Proof of Work

Download Links:
https://github.com/WoofCoinMain/WoofCoin/releases/download/WoofCoin/WoofCoin.zip

Social
Coming soon!


Please reach out if you have any questions  Smiley
Post
Topic
Board Beginners & Help
Token and ICO Confusion
by
mccullab
on 04/05/2020, 18:11:54 UTC
Hi All,

I'm a bit confused on the necessity of ICOs. Here is what I am trying to understand:

if you would like to create a platform on which a token represents the value you place on an answer to a question, the question is asked, someone answers correctly, the token is transferred to them, and the person who answered the question would then like to "cash out" so to speak. In order to "cash out" on this token and convert it to bitcoin, is it necessary to have previously held an ICO in order for that token to hold any value in relation to Bitcoin?

I realize my question may be a bit scrambled so thank you in advance.