Neucoin Announces Presale to be Held on April 28

Neucoin Announces Presale to be Held on April 28

For a coin that hasn’t even officially launched yet, NeuCoin has been making strides to be a consumer-friendly cryptocurrency with a focus on micropayments. NeuCoin markets itself on being the first cryptocurrency that: NeuCoin already has $2.25 million in funding via angel investors, as well as partnerships with MondoMedia, Jango, and RadioAirplay. NeuCoin hopes that, through POS and its superior coin distribution, cryptocurrency can finally achieve tangible progress on the mainstream adoption front.


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Micropayment Cryptocurrency NeuCoin Announces Presale

Ahead of its launch in July, NeuCoin announced the start of the presale of its 100 million cryptographic tokens from April 28th this year. According to the available reports, the NeuCoin cryptocurrency tokens will be available only in exchange of Bitcoins, and will cost an equivalent of $0.01 each unit, roughly equalling 1 BTC for the first 25 tokens. The price will increase by 1% with each passing day. The presale will conclude either upon the completion of 60 days, or by the time when the entire 100m units are sold. At the time of launch, the total number of sold NeuCoin will constitute....

NeuCoin Implements ‘Anti-Whale’ Measures in Reaction to Presale Popularity

Next-generation proof-of-stake altcoin NeuCoin has seen what developers have called ‘heavy interest’ in its April 28 presale since its announcement last week. NeuCoin, a fork of Peercoin seeking to provide improvements on the proof-of-stake currency model, will use funds generated in the presale to work on its micropayment platforms with partners Mondo Media and online music service Jango.com. Since the announcement, over 1,500 users have expressed interest in purchasing NeuCoin, prompting developers to implement tools to ensure both smaller and larger investors have the chance to purchase....

Proof-of-Stake Currency NeuCoin Focuses on Micropayments: Prepares for Presale

Digital currency startup NeuCoin's 60-day crowd pre-sale aims to raise the additional funds needed to prepare for the company's public launch this summer. One hundred million NeuCoin will be up for sale April 28 in exchange for bitcoin. The price will start at 25,000 NeuCoin for 1 Bitcoin (approx. $0.01 per NeuCoin) and increase by 1 percent each day. The pre-sale will end after 60 days or after all coins have been sold. The Paris-based NeuCoin startup has already raised $2.25 million from a group of investors. Co-founder Dan Kaufman is confident about the launch of NeuCoin and told....

NeuCoin Presale Raising More Than 2,000 Bitcoins

NeuCoin, the highly advertised "2nd Generation Peercoin Fork," has seen a lot of attention lately, particularly from investors. Within the first eight hours of its pre-sale launch, 50 million of the 100 million NeuCoins being offered to the public were sold, raising more than 2,000 BTC. In more interesting news, NeuCoin's backers decided to reduce the maximum buy from 200 to 40 BTC, and at present has seen an average of only a tenth of that. Calling this move an "anti-whale" measure, the purpose is to prevent consolidation of the currency into too few hands, thereby making it more....

NeuCoin Announces Pre-Sale of 100 Million NEU

New proof-of-stake digital currency NeuCoin has announced that its pre-sale will begin on 28 April. The sale will launch with an initial price of US$0.01 per coin (in BTC), and with a total of 100 million NeuCoins available to purchase over the possible 60 day pre-sale event. This represents 3.333% of the total 3 billion NeuCoin pre-mine. In 2014, the NeuCoin team already sold 200 million of the coins to their angel investors in order to add to their initial seed capital, which give the startup a US$2.25 million pot to begin work with. The investors, however, agreed to relatively strict....

Quotes

The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.

Satoshi Nakamoto, Bitcoin Developer