Taucoin

Taucoin (TAU)

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Overview

Symbol:
TAU
Token sale opening date:
18 Oct 2018 (1 year ago)
Token sale closing date:
18 Oct 2019 (4 weeks ago)
Description:
TAU proposes a fast circulation currency without inflation. Users collectively grow and secure the network by doing commoner's behavior-transactions. With the technology innovation of "Proof-of-Transaction", users with transaction history are incentivated by sharing the future block reward. No advantage is for concentrating wealth and hardware as in POS and POW. Low barrier to coins, voting and rewarding for commoners are TAU inplementation of fairness. Different from other systems, TAU aims the more transaction abundance, the higher speed and the lower total cost. ICO plan: TAU foundation will allocate 60,000 TAUcoins into ICO pool once every 360 blocks, about 6 hours. Investors receive TAUcoins by their portion of BTC investd to the total BTC received during the timeframe. In the case of no investments, the unattended coins will be added to the next ICO time frame.

Details

Country:
Cyprus
Restricted areas:
USA, China

Team

Members:

iMorpheus(David Wu) - Architect

Zi Ren Teoh - Communicator

Jody Powell - Technical Contributor

Disclaimer
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