Just over a month ago I was introduced to a developer who was working on a project that would help introduce people into cryptocurrencies in an easier way. The project was built by crypto enthusiast. Some of the reasons they started this project is from the complexity of learning about crypto currencies as a newbie, the extremely high transaction fees on the Bitcoin network, and not to mention the slow speed at which transactions can be added to the next block, if a higher transaction fee has not been paid. Because of the drawbacks to the Bitcoin network, InfoCoin was created!
Sharnden says "An Entry point for would be Crypto-Investors to Experiment the virtual waters of the Alt-Coin world. A mixture of Low Risk and Educational Experience help guide you along the way, without costing too much BTC."
InfoCoin's motto is Crypto by the community, For the community! The community is growing and very active. Everyone on the team is ready, and excited to help new users learn about cryptocurrency. They are committed to spreading knowledge and understandings of cryptocurrencies! The original soft launch of the CryptoInfo website was in 2016, the official launch of the InfoCoin was in the third quarter of 2017.
One user describe their experience in the community as "very helpful and friendly... wacky, fun and educational experience."
InfoCoin is growing, and has many new features that are still in development! Some of the uses that InfoCoin already has underway, it can be used to pay to setup faucets, block explorers, wheel games, dice games, and even aid in coin swaps. They are even setup to accept Bitcoin or LiteCoin as payments.
Another user says, "I see it as a good place to learn about cryptocurrencies you can get lots of descriptions, ideas or just speculation, a quiet place while following your rules where you can share your idea or dream of creating your own currency and you can find participants."
What members are saying:
Willow2U says, "I find that the team and the community that support InfoCoin are helpful and all are working towards the goal of making the coin a huge success. Most of what I have seen from them is that the dev team tries to be as transparent as possible, but still keep some info secret that is still in development, and they do rely on input from the community that supports them. They don't just take everything and force it down (some basic stuff is there to protect the team and the community)"
prissyme67 says, "I like it all , the giveaways , the people , you don't have to worry about being screamed at or punished for something u did wrong."
My Involvement
When I learned of InfoCoin, I asked if they were active on social media, the response I received was that currently they were not. Therefore, I decided to volunteer for the position, for me this seemed like a great time, and a perfect opportunity to jump in and get involved in a new and growing community. There are many active users, and plenty of support for those looking to learn or understand cryptocurrencies better! Looking forward to you joining this amazing new opportunity as it is still in its infancy!
Coin Specs
This coin specifications it uses Blake2S algorithm, and is both Proof of Work (PoW) and Proof of Stake (PoS). Currently for each block mined there are 100 new Info coins that are produced, while staking will make you 10% of your held balance per year, with a total supply of 2.5 Billion, and 2% premine which was set aside for bounties, airdrops, and site development.. The blocks target time is 5 minutes, and it uses the DGW retargeting
