Beacon - Building a Better World Through the Blockchain
The scenario of cryptocurrency and its use case is changing quickly, technologies are improving itself. Every day new projects are launching with different aims to be filled with crypto. From masternode projects to erc20 standard ICO's are competing with each other to serve the best way out. However, investing in a project that is really aimed at its original roadmap and whitepaper may need a lot of research, becasue most of the projects are not that good as it shows in the first look. The good news is, there are a few original projects that are worth taking a look and investing in it. One such project is Beacon, with masternode and PoS feature.
What is Beacon coin?
Beacon is not only a masternode cryptocurrency but it's a whole ecosystem that primarily aiming to develop a utility platform for other projects to execute new ideas and maximize profits. The team aims to develop different tools to utilize blockchain technology at its fullest, they already have a tool called "Monitor Bot Service" that is really useful and more service will follow soon. Basically, it’s a multi-platform utility crypto project that will help to formulate, fund, & execute charitable initiatives.
Beacon is a proof-of-stake (PoS) masternode coin that used Quark algo which is highly secured as it provides 9 levels of encryption. The maximum supply of this coin is eighty-four million and the block time is 70 seconds only. The masternode collateral is 10000 coins so the coin supply will be pretty low in the market which should raise demand at price.
Premine, distribution, and pre-sale
Beacon is a good project compared to most other masternode projects out there, you can see the pre-mine coin is only 1,000,000 BECN which is nearly one percent of the max supply. the team behind the Beacon project are very trustworthy and transparent, they put every single report publicly when spending the coins for any purpose like platform development, marketing or partnership creation. The team held a tiny portion of the pre-mine coin which is locked for a long period to ensure they won't dump it. Also, there are coins for pre-sale and bounties to ensure the network security and promotion.
Beacon Coin Specifications
Ticker: BECN
Algo: Quark
Block time: 70 seconds
Blocks per day: 1234 blocks
Difficulty retargeting: Every block
Maximum Coin Supply: 84000000
Masternode collateral: 10000 BECN
Beacon foundation:
The project Beacon, born with great causes and will walk to build a real-world organization in the coming years, probably in the half quarter of 2019. The funds will come from tiny rewards of each new block of Beacon chain. The reward will directly deposit into the pre-set address for the treasury.
Beacon ARCADE
Project Beacon will develop an exclusive gaming platform in Q1, 2019. It will accept BECN coin to use on the platform. It will allow users to earn revenue as well as generate development costs. The will host regular tournaments and giveaway contest to entertain users and attract more gamers. The platform will be integrated with Beacon web wallet to secure the network. Beacon Arcade also planned to have an affiliate program so that users can bring their friends and get benefits from it.
Beacon Incubator
Beacon aiming to change the crypto world by helping developers and startups to create and grow their ideas. This utility program will help any crypto idea to succeed by analyzing and developing from scratch. As soon more developers will join the team, this will be an overwhelming platform to start a project and generate steady organic growth. In this program, developers will share a portion of revenue Beacon generates through the application, for full details and sharing percentage one should follow the website or keep in touch in Discord.
Beacon Masternode
Beacon (BECN) masternode holds high ROI for early investors, but unlike other projects, it has trustworthy developers and advisors, so it should be an ideal investment even if you don't like masternode ideas. Becasue this one is really unique and will stand out of the crowd. Beacon masternode collateral is 10000 BECN, currently under in pre-sale phase, will be listed in exchanges very soon.
Roadmap
Thoughts
Beacon ecosystem creating a truly decentralized network and aims to be a guiding light to what good can come from cryptocurrency. It's CryptoSwag Online Store, Arcade, Incubator, Treasury all are a part of the project which will be developed one by one. So, it is truly a utility currency that has huge potential growth in the near future.
Important links of Beacon
Website: https://www.beaconcrypto.org
White Paper: https://beaconcrypto.org/content/uploads/whitepaper/Beacon_White_Paper_v1.2.pdf
Github: https://github.com/beaconcrypto
Discord: https://discord.gg/fNMQdgm
Twitter: https://twitter.com/BeaconCrypto1
Telegram: https://t.me/joinchat/HBDcAgsfx9EZwiL2CFeQhw
Reddit: https://www.reddit.com/user/beaconcrypto
Medium: https://medium.com/@beaconcrypto