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    Author Topic: [ANNOUNCEMENT]--MOTACOIN--LOS ANGELES BASED MARIJUANA DIGITAL CURRENCY  (Read 22228 times)
    Jahvinci (OP)
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    March 18, 2018, 03:43:30 AM
    Last edit: September 11, 2020, 03:14:13 PM by Jahvinci
     #1




    Welcome to the official MotaCoin bitcointalk page!

    Check out our newly designed Website!

    BTC~~https://www.MotaCoin.net~~BTC


    What makes MotaCoin different?

    MotaCoin has adopted the approach of the Ripple and Stellar, when it comes to recruiting new businesses to their platform. Ripple and Stellar both had pre-mined an amount of coins that is being given to relevant businesses in their target industries. For Ripple and Stellar, that means banks.

    We liked that idea so much, we decided to apply that novel approach to MotaCoin!

    We've set ourselves apart from our competitors, due to the fact that there will be a 10 million coin premine with the sole purpose of industry adoption. No other marijuana coin has any amount of coins with the expressed intent of giving them away to the target industry: Marijuana Dispensaries. If you have been watching the marijuana altcoin market for years, as I have, you undoubtedly noticed that the entire sector seemingly froze. Very little progress toward mainstream adoption. You rarely, if ever, hear about dispensaries accepting these coins as payment. And in my opinion, the reason for that is this: Dispensary owners are going to want a stake in it. If they are going to train their staff on how to use crypto, in terms of point-of-sale commerce, then they are definitely going to want to make sure they have enough of that coin to make the trouble worthwhile. I haven't seen any other marijuana coin that sets aside pre-mined coins with the sole purpose of giving away to dispensaries in order to give them incentive to join the network. MotaCoin is the only one in our sector doing this.

    How is that going to work exactly?
    Each dispensary will be offered tiered packages
    The terms of each package will be put together in a contract. The terms are listed below.

    Tier 1 Package: 100,000 MotaCoin
    • Acceptance of MotaCoin as payment
    • Place our MotaCoin banner on business's homepage
    • Allow a MotaCoin poster to be hung within view of the main area of business
    • Allow a brochure box to placed next to their Point of Sale terminal
    • Note: Each time a dispensary signs on, there will be a public announcement.

      
    Tier 2 Package: 75,000 MotaCoin
    • Acceptance of MotaCoin as payment
    • Place our MotaCoin banner on business's homepage
    • Allow a brochure box to placed next to their Point of Sale terminal


    Tier 3 Package: 50,000 MotaCoin
    • Acceptance of MotaCoin as payment
    • Place our MotaCoin banner on business's homepage


    Tier 4 Package: 25,000 MotaCoin
    • Acceptance of MotaCoin as payment


    Discord



    Algorithm: X-13

    Proof of Stake: 6% - 12% (6% until block 1,234,509 | 12% from then on)

    Proof of Work: PoW mining rewards until block 1,234,509 [/size]

    Coin Supply: 100 million + PoS Inflation

    Launch Date: We are live as of March 18th 2018!


    Linux
    Windows
    Mac
    Raspberry Pi



    We're launching this project from the belly of the beast. Los Angeles, California.



    Launching from Los Angeles provides the MotaCoin project with a decisive advantage. That advantage is a blend of culture, diversity, and most of all...tons of marijuana dispensaries. To give you an idea of what we're looking at, take a peek through the lens of weedmaps.com:



    This is just a small fraction of the playing field available for the MotaCoin team. With this magnitude of dispensaries available, there are countless opportunities to be grasped and limitless possibilities to be explored. Take the sheer numbers of weed retailers combine it with the cultural phenomena that is cryptocurrency, and it will deliver in creating an opportunity most people couldn't dream up.

    Think about it, of all the industries that blockchain technology is affecting, which among them has a greater need for decentralized payment systems than the emerging recreational marijuana market. The Los Angeles marijuana market is being taken by storm given the recent legalization approved by US citizens. This legalization doesn't solve all of the marijuana markets problems though. The banking aspect of these businesses has typically not looked very bright. However, with the introduction of Bitcoin and other cryptocurrencies, the entire payment infrastructure is being innovated. The need for decentralized payment systems with these marijuana retailers is becoming increasingly apparent as time moves forward.

    We have a unique approach toward recruiting dispensaries to join the MotaCoin network. Unique in a sense that no other marijuana coins have tried, but not unique in the sense that it's been tried and tested by both Stellar and Ripple. Both of those coins premined amounts of coin with the sole purpose of giving it away to industry leaders and players. That's what we're doing. We're premining a large portion of coins to be given to dispensaries at no cost, as incentive for them to join the network and experiment with our new payment tech. Not only are we giving away coins to dispensaries, we also have a sizable portion of coin that is destined for air drops and give aways.



    How will the Proof of Work coins be released?

    All 46,900,000 MotaCoin will be released as follows:
                              
    RewardUp To Block Number
       0.42     10,000
         75     61,742
         65     123,484
         55     185,226
         50     246,968
         47     308,710
         44     370,452
         41     432,194
         39     493,936
         37     555,678
         35     617,420
         33     679,162
         32     740,904
         31     802,646
         30     864,388
         29     926,130
         28     987,872
         27     1,049,614
         26     1,111,356
         25     1,173,098
        21.81     1,234,509






    www.Motacoin.net - Launched March 18th, 2018 - Los Angeles based Cannabis Cryptocurrency!
    www.Instagram.com/Motacoin | www.T.me/MotaCoin
    www.Twitter.com/Motacoin_ | https://discord.gg/KMJrZZp
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