Why Minting GODcoin Will Be Beneficial & GODcoin's Reward Distribution

in #ico6 years ago (edited)


Last week a post was made about the upcoming next phase of being able to mint GODcoin. If you have not seen it be sure to check it out here and also in the white paper. There are a lot of benefits to minting GODcoin opposed to mining Bitcoin. For those of you who don't know what minting is, in the white paper it is defined as the following:

The process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new coins are released in a Proof-of-Stake system.

Why will minting GODcoin be beneficial & what about the Reward Distribution?

There will be two separate distributions to ensure fairness, as specified. This is why being a minter is so beneficial.

First the minters, in descending order by their stake amount, receive 10% of the remainder of the distribution amount. A secondary distribution will then be distributed based on a weighted average of the total stake amount.

More on minting GODcoin will be posted soon, so keep an eye out for it.

Another update will be coming out this week. Remember, the ICO phase is still in effect even though the 40% token bonus is over, there is another bonus to investing in GODcoin happening NOW!

  • ICO investments will receive a 25% token bonus.
  • All congregation members should register at https://godcoin.gold/ico/.
  • Any PayPal donations to the EOC by registered members can be considered as a GODcoin purchase.

There are many advantages to GODcoin especially since it is one of the few coins that will be backed by gold and silver. Not only does GODcoin offer the illuminated path towards a prosperous future, but very soon, it will be the global currency. To learn more, visit the following links:

View the history leading up to the white paper

View the white paper


All information provided is available on the official website at https://godcoin.gold

PREPARE TO INVEST WHILE YOU CAN

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This is pretty complex! I'm excited to see it all work!

I'm loving the thought put into this smarter take on minting.

Truly, there are a lot of benefits to minting GODcoin!!

Fantastic development!

Looking forward to seeing this next phase!

Can't wait!!
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This is awesome, I hope to learn more about minting

More good news from GODcoin!

I am not that great at math but I know the man behind this incredible coin and I fully support it. This will benefit everyone

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