SonoCoin – First audible cryptocurrency
About SonoCoin:
SonoCoin is the first cryptocurrency to transact via encrypted audio files. The .WAV file format gives anyone the power to transact using simple sending methods such as voice, QR code, messenger, and Bluetooth. The format of the coin.WAV file gives anyone the power to sendvalues and information using simple sending methods such as voice (similar to Sh
azam) , messenger, QR and Bluetooth, etc. The SonoCoin blockchain platform is a “b-to-b-to-c” (b2b2c) model, in which SonoCoin builds data-over-sound solutions for businesses through its blockchain network. SonoCoin uses the Proof-of-Stake (PoS) protocol on where community members who have a certain number of coins have the possibility to join the consensus algorithm and make new blocks in return for a prize.The selection for the next block maker is based on various factors such as random selection and peg size.This technology is fully developed,
The SonoCoin blockchain network will allow companies to build their own white labeled data-over-sound solutions. To verify transactions and to process operations in the SonoCoin ecosystem, businesses need to use SonoCoin coins (Stake Evidence protocol, transition to Proof of Contribution), thus assigning value to each coin. In the end, the SonoCoin team was able to build tokens that were created specifically for use in each company’s ecosystem using the SonoCoin blockchain.
SonoCoin has a total supply of 100,000,000 coins. Permanent inventory, no more coins to be made or printed. 20% of the total supply of coins will be stored at SonoCoin Reserve. This reserve will be used for future development of SonoCoin. Ecosystem Development Groups are coin funds used to engage, provide incentives, and develop the SonoCoin global community. All SonoCoin reserves will be locked up until Q4 2020.
Any unsold coins will be allocated to the Commercial Partnership pool. This collection was initially limited to 55,000,000 coins, representing the coins they needed to operate their SonoCoin solution and verify transactions. The coins will be sold at a 50% discount to the public Initial Initial Offer price of € 0,625 per coin. If and when SonoCoin’s market price is lower than a fixed private price, businesses are welcomed to buy the required amount of SonoCoin on the public crypto market.
After the end of the locking period in early 2021, coins from SonoCoin reserves as a whole will be sold in the market based on the following vesting schedule: up to 5% of the monthly trading volume that will be offered during the following months in the same amount every day.
Token & Economy Info:
The ICO date is subject to progress as follows:
Legal process that ensures SonoCoin fully complies with FINMA ICO regulations
Complete a third-party protocol / code audit from the SonoCoin network
The gift of a private bug from the SonoCoin network to find potential weaknesses before releasing the code to the public
Initial token assessment: € 100,000,000
Maximum token supply: 100,000,000
Initial supply: 100,000,000
Price of IEO: € 1
Type of sign: The original blockchain itself
Token distribution date: Oct 1 2019
Token exchange listing date (planned): 10 Oct 2019
Token Allocation:
Commercial partnerships (55%)
Secondary Offer (13%)
LATOKEN IEO (10%)
Employees and Advisors (8%)
Ecosystem Development (7%)
Coin option group (5%)
Previous Sales (2%)
Roadmap:
Q1 2019
Initial Exchange Offer and public launch
List of Cryptocurrency exchanges
Consensus Audit
Private Bug Bounty
Public Bug Bounty
Code & Protocol Audit Completed
Net Placement Test
Q2 2019
Main Net Beta Release
Consensus outreach as a service
The first commercial agreement signed in the media sector
The first commercial agreement signed on land / p
Mobile / Desktop Software (UX) Update
Q3 2019
Development of Ultrasonic Frequency Transactions begins
Q4 2019
Development of Smart Contracts
Evidence of Consensus of Contributions
TEAM:
For more information, please visit the link below:
Website: https://sonocoin.io
Telegram: https://t.me/SonocoinChannel
Twitter: https://twitter.com/Sono_Coin
Facebook: https://www.facebook.com/sono.money
My Name : Classick1967
My Profile : https://bitcointalk.org/index.php?action=profile;u=2329779
My Wallet : 0x5F1A6E58E31db797f341672245b15C68a4a7507A
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