Name: InstaCash
Ticker: ICH
Slogan: "Instapay with InstaCash!"
Algorithm: Quark
Block time: 30 seconds
Max Supply: 100,000,000 ICH
Premine: 250,000 ICH
Masternode Collateral: 10000 ICH
POW BLOCKS: 1 - 100,000
POS BLOCKS: 100,001 to INF
Masternode Rewards will begin from 10001th block [2nd Phase of POW]
POW REWARD STRUCTURE:- Phase -1: Block 1 - 10000: 100 ICH per block [no MN reward, no dev fund] [3.47~ days] => total 1,000,000 ICH
- Phase -2: Block 10001 - 100000: 10 ICH per block [Miner Reward is 75% - 7.5 coin per block] [MN reward is 25% - 2.5 coin] [no dev fund] [31.25~ days] => total 900,000 ICH
Total ICH in circulation in POW: 1,000,000 [phase-1] + 900,000 [phase-2] + 250,000 [premine] = 1,340,000 ICH
POS REWARD STRUCTURE:- Phase -1: Block 100,001 - 500,000: 10 ICH [MN - 60%] [STAKE - 30%] [Dev Fund - 10%]
- Phase -2: Block 500,001 - 1,000,000: 5 ICH [MN - 65%] [STAKE - 30%] [Dev Fund - 5%]
- Phase -3: Block 1,000,001 - Inf: 2.5 ICH [MN - 65%] [STAKE - 30%] [Dev Fund - 5%]
PREMINE DISTRIBUTION:Signature Campaign [long run]: 50000 ICH
Retweet bounty: 5000 ICH
Translation bounty [max]: 5000 [250 per translation]
Pool bounty: 8750 ICH [5000 + 2500 +1250]
Block explorer bounty: 1250 ICH
Exchange listing: 100,000 ICH
Advertisement, Promotion, Logo etc: 25000 ICH
Presale: 30000 ICH [3 MN]
Dev fund: 25000 ICH
[Premined coins won't be used for staking, but only the dev funds will be used for staking]