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Bitcoin is an improvement to the monetary system in efficiency and by not being limited by borders.
The main issue of the previous fiat currencies is more abundant in Bitcoin, which is the concentration of the elites wealth and a flawed distribution model.
Bitcoin Black aims to be the cryptocurrency of the people, by the people for the people.
Things in the crypto sphere that should be focused on.
While the technology side of the current cryptocurrency projects may be sufficient for the time being, the actual distribution of Bitcoin and the alternative coins (“Altcoins”) is problematic.
Just as with the fiat based monetary system, the elite own and control 90+% of Bitcoin and Altcoins.
Altcoins are price dependent on Bitcoin, which means if you control Bitcoin, you in turn control for the most part, the Altcoin markets in terms of price manipulation and price suppression.
That also means you control the distribution of Altcoins.
Its time to focus on distribution as a method to expose and prevent against manipulation of the markets in general and specifically prices.
Introduction And Solution To This Problem - Bitcoin Black
A cryptocurrency with a fair distribution Airdropped to 1 Million wallets prior to IEO which all funds will go to community groups voted by the community to move the project forward.
Focusing on fair distribution, mass adoption, usability, education, ease of access, simplicity and community.
Airdrop to at least 1 million wallets initially.
Not more than 0.5% of supply owned by 1 founding member.
Initial Foundation 2.5% 900 Million
Development fund 2.5% 900 Million
Pre-sale 2.5% 900 Million coins (100+ investing members who will be an addition to the founding team helping to move the project forward. Collaborating though slack)
Bounties 2.5% 900 million coins for bounties decided by pre-sale members and the Bitcoin Black community. Such as: translations of website, whitepaper, rewards dashboard and APPS.
Airdrop 10% 9 Billion coins to be airdropped (1 million accounts 3600 coins per account , 3600 coins per referral level 1 , 1800 coins level 2)
Rewards bounty 20% 7.2 Billion coins divided between Airdrop rewards (110 members). ICO rewards (110 members).
IEO 20% 7.2 Billion coins Funds from IEO to be allocated to multiple community foundations who will help the community move the project further into the future. Allocated to specialist departments.
Manipulation counteraction fund (approx 5%). Part used for stability control fund to remove the possibility of early low volume manipulation, and maintain stability in the currency.
App introduction rewards 40% 14.4 Billion. Introduction of 30 million members with the rate of new users growing compounded. A method to get Bitcoin Black to every school yard/ university/ workplace and community.
Maximum coins 36 000 000 000 to be in circulation ever.
REWARDS PLATFORM http://bitcoinblack.cash/
3.6 Billion coins up for grabs to members who help share the Airdrop (10% of the project rewarded to 110 members)
Simple 1 click social share platform.
Social share a message which has an introduction to crypto video and the app download link which will have your friends coins waiting for them once downloaded.
People want to learn on their own time and want free things/ coins.
Currently has been active and is working well.
Regards
John Norman
