Powcoin is a token that strives to be the currency used for comic books. 1% of POW will be exchangeable for no less than 1 ounce of silver. The original Powcoin blockchain will still be utilized to be one of the first coins that has not only a Counterparty asset, but also a traditional blockchain with mining still be required to support it. This is something that has never (to the knowledge of the developers) been done before and Powcoin is excited to see the benefits of having both.
81,000 POWC will be calculated for payouts everyday, and POWC will be distributed every Saturday morning adding up the totals from the previous 7 days worth of folding. That totals 567,000 POWC every Saturday.
- Website: http://www.theoctoparty.com/
- Counterparty Token ID: OCTO
- Start Date: 2/8/2015
- End Date: 5/1/2015