PoSToken is not only an Ethereum token, but also a brand new Token Standard for Proof-of-Stake tokens.
PoSToken is the world’s first Proof-of-Stake smart contract token on Ethereum platform. It’s based on the ERC20 Token Standard and implements all standard methods.
As an Ethereum token, PoSToken first implements the Proof-of-Stake mechanism, meaning that holders of PoSToken can earn some extra tokens just by holding PosToken for a period of time, greater than or equal to The Minimum Coin Age.
Token Distribution
After the contract deployed, only 1Million POS, 10% of the Max Total Supply, will be created as the Initial Supply
Development: 100K
Marketing: 50K
Bounties: 50K
AirDrop: 800K
1st Round of Free Airdrop ENDED
Distribution List of 1st Round Airdrop
2nd Round of Free Airdrop
The second round airdrop will last for 2 weeks, start on September 24th, 2017 at 15:00 UTC and last until October 7th, 2017 at 15:00 UTC.
Different from the 1st one, the 2nd Round Airdrop is totally unconditional (no twitter restrictions) and free, all you need is a bitcointalk account.
The airdrop will stop immediately when the airdrop supply (currently 728,235 POS) are all claimed.
All the remaining tokens that haven’t been distributed after the 2nd round airdrop, will be allocated for a 3rd Round airdrop.
We will do our best to make the airdrop as fair as possible.
If your account meets the above conditions, you can get:
Rank Distribution :
Newbie : 5 POS
Junior Member : 15 POS
Member : 20 POS
Full member : 25 POS
Senior member : 30 POS
Hero member : 35 POS
Legendary member : 40 POS
Signature Bounty
Rewards:
1.Newbie: 1 POS / Day
2.Junior Member: 2.5 POS / Day
3.Member: 3 POS / Day
4.Full member: 4 POS / Day
5.Senior member: 4.5 POS / Day
6.Hero member: 5 POS / Day
7.Legendary member: 6 POS / Day
Rules And Terms:
1.Participants must make at least 1 valid post per day. (As long as the total is enough, there is no need to make posts every day.)
2.Spamming, low quality posts, copy paste and off topic posts will not be counted.
3.Posts must be at least 15 words long to qualify.
4.Participants can post anywhere in the bitcointalk forum you wish.
5.You should not have a negative feedback on your profile.
6.Once you applied, you cannot change the signature until the airdrop ends.
How to apply:
Fill the form on "PoSToken Free Airdrop Platform". LINK >> https://airdrop.postoken.org
Twitter Bounty
Rewards: 20 POS
Rules And Terms:
1.You must follow us on Twitter @PoSToken.
2.You must retweet at least 5 post from our twitter.
3.Your Twitter account must have at least 100 real followers.
4.If it is discovered that your twitter is a bot account, or has fake followers etc. you will be disqualified from the bounty program.
5.One person can only apply for once.
6.All twitter accounts that submitted to us in the 1st round airdrop are not eligible.
How to apply:
Fill the form on "PoSToken Free Airdrop Platform". LINK >> https://airdrop.postoken.org
Youtube Bounty
Rewards:
We'll divide all videos in 3 categories and will reward them as follows:
High Quality: 300 POS / Video
Good Quality: 150 POS / Video
Normal Quality: 100 POS / Video
Rules And Terms:
1.The video must be original and created by you.
2.Your video title must include the words "PoSToken","Free Airdrop".
3.Only accounts with at least 50 real subscribers are allowed.
4.The video should talk about our project positively.
5.The content could be introduction to PoSToken, information about our airdrop, PoS mining guide or other thing as long as it contains correct information.
6.One person can apply at most twice.
How to apply:
Fill the form on "PoSToken Free Airdrop Platform". LINK >> https://airdrop.postoken.org
Airticle Bounty
Rewards:
We'll divide all articles in 3 categories and will reward them as follows:
High Quality: 50 POS / Airticle
Good Quality: 25 POS / Airticle
Normal Quality: 15 POS / Airticle
Rules And Terms:
1.Must contain more than 300 words and not be directly copied from website or ANN thread.
2.You can post your articles on your own website/blog or Reddit/Steemit/Hackernews/Medium or other similar resource.
3.Articles can be written in any language.
4.Must have graphic materials (images) and 2+ links to postoken.org/ANN thread
5.Must contain only unique content.
6.Must be publicly accessible.
7.The content could be introduction to PoSToken, information about our airdrop, PoS mining guide or other thing as long as it contains correct information.
8.One person can apply at most three times.
How to apply:
Fill the form on "PoSToken Free Airdrop Platform". LINK >> https://airdrop.postoken.org
Referral Bounty
Rewards:
The more people you refer to our airdrop, the more PoSToken you will earn.
10 POS / Valid Referral
How to apply:
Once you registered, you will be offered an unique referral link.(DO NOT SPAM!)
Extra Bounty
We will offer extra bounty for 5 members who have special contribution after the second round airdrop (200 POS / member) , including republish or help to promotion or keep active in this thread or sth else.
Start PoS Mining And Get Revenues Right Away.
PoS Mining Guide
Holding - Holding some PoSToken for a period of at least 3 days, greater than or equal to the Min Coin Age.
Mining - PoSToken provides two methods to trigger PoS mining:
1.Sending a transaction to your own address with any amount of POS.
2.Using MyEtherWallet.com or Mist or any other software that can interact with contracts to execute mint() function.
Query Tools - Not sure about your account’s coin age or current interest? Executing these functions:
1.annualInterest() : Return current annual interest.
2.coinAge() : Return coin age of your account. Return 0 means that your token doesn’t meet the min coin age now.
Coin age is simply defined as token amount times holding period.In a simple to understand example:
1.If Bob received 10 tokens from Alice and held it for 60 days, we say that Bob has accumulated 600 token-days of coin age.
2.Additionally, when Bob spent the 10 tokens he received from Alice, we say the coin age Bob accumulated with all tokens in his account had been consumed.
The Max Total Supply of PoSToken is set to 10 Million, but we just created 1 Million POS as the Initial Supply.
The Max Total Supply will only be reached in about 15 years or a little longer at the set PoS interest rate. Once 10 Million is reached, no more PoSToken will be generated via PoS.
More Information About PosToken :
Website :https://postoken.org
Whitepaper : https://postoken.org/whitepaper.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=2110712.0
Twitter : https://twitter.com/PoSToken
GitHub : https://github.com/PoSToken
BitcoinTalk Profile : https://bitcointalk.org/index.php?action=profile;u=998930
