Increcoin — A new X16S Crypto Currency
Launch rescheduled to Wednesday, October 17, 2018–12 PM New York time (GMT-4)
Source code will be available in Github at launch.
Windows and Linux wallets will be available at launch.
Website — Coming Soon
Official Bitcointalk thread — https://bitcointalk.org/index.php?topic=5043527.0
Coin Specification
Coin Name — Increcoin
Coin Ticker — INCR
Algorithm — X16S
Coin Type — POW / POS / MN
Max Supply — 70 Million
Block Time — 2 Minutes
POW Rewards
Block 1–3.5 Million INCR (5% Premine of total supply)
Block 2 to Block 1000–1 INCR (to prevent instamine)
Block 1001 and above — 40 INCR (halves every 750000 Blocks)
Block Maturity — 60
Default Port — 2985
Masternode Rewards
From Block 2–50% of POW Block rewards
Collateral — 10000 INCR
Confirmations required — 15
POS Rewards
Coin Age — 24 Hours
Block 1 to 1500–0 POS
Block 1501 and above — 10 INCR (halves every 750000 Blocks)
The 3.5 Million INCR premine will be used for Masternode slots (maximum of 200 slots from the premine, there is no upper limit for the number of masternodes a user can host in total), Translation Bounties, Pool Bounties, Exchanges, promotions and for future development of the coin.
Translation Bounties — 1000 INCR per language
Pool Bounties — 5000 INCR each for the first 5 Pools
Exchanges — 10000 INCR each for the first 3 Exchanges
Increcoin is being developed to be an ASIC resistant coin at all times, hence the X16S Algorithm was chosen. If and when an ASIC is released for X16S, the Algorithm of Increcoin will be changed to keep it ASIC resistant. There are hardly any X16S coin with POS. Increcoin would be POW/POS/MN all in one.
Increcoin will be part of a larger marketplace where users can purchase digital and/or physical goods and merchants will have the option to receive not just in INCR but in FIAT as well. The larger marketplace will be followed by mini market hubs. Detailed explanation will be available in the Whitepaper which will be released in the 4th week of October, 2018.
Planned Roadmap for the next 1 year
4th Quarter 2018
Coin launch
Windows, Linux Wallets release
Website launch
Whitepaper release
Mac OS Wallet release
Web Wallet beta release
Web Explorer launch
Exchange Listing
1st Quarter 2019
Marketplace Alpha reveal
Desktop wallets update
Web wallet full launch
Android wallet release
API release
2nd Quarter 2019
Marketplace Beta launch
iOS Wallet release
CoinMarketCap Listing (Planned, not confirmed)
3rd Quarter 2019
Marketplace Full launch
Desktop wallet updates with new features
Shared Masternode (Depending on cost of Masternode at that time)
Mini Market Hubs Beta launch
4th Quarter 2019
Mini Market Hubs Full launch
Debit Card
Developer contests
The current roadmap is for the next 1 year. More will be revealed over time.
The development team currently consists of 3 people (1 programmer and 2 web designer/developer).
The team will grow to 5 members with additional experienced programmers by end of October 2018.
New team members will be added as and when required.
Click here to join the official Increcoin Telegram Group
Click here to join the official Increcoin Telegram Announcement Channel
Users who would like to purchase Increcoin Masternode slots will have to send the payments to addresses listed in the form below and fill in the transaction details along with user information. Users will have the option to set the Masternode by themselves or get assistance from the dev. Users who purchase masternode slots from the premine will have their VPS cost covered for 1 year. Each Masternode slot is priced at $500. This sale will run till we get listed in the first exchange or 200 Masternode slots are sold whichever is earlier. An user can purchase a maximum of 10 slots. The masternode collateral is 10000 INCR. The users will however have access to his/her coins anytime and will not be in the control of the dev team. Masternodes will be set up in 48 to 72 hours from the time of submission of the purchase form. After submission of the form, contact support through Telegram / Email / PM at Bitcointalk whichever is suitable.
Email — info.increcoin@gmail.com / support@increcoin.online
Members who purchase the masternode slots will have to enter in the purchase form, the Bitcointalk username of the person who referred them in to purchase the slots as the referrer would get 10% of the amount in BTC/BCH/ETH paid plus 10% of coins purchased (1000 INCR for every slot). If no one referred you to purchase, you will have to enter None.
Do note that it is not mandatory to purchase from the premine to run a Masternode. Anyone can run a masternode any time they wish if they have 10000 INCR in their wallet. It doesnt matter if it was mined, purchased from premine or exchange.
Fake entries will be marked in red and after setting up masternode(s), the respective entries will be marked in green.
Click here to purchase the masternode slots
Click here to view the details of masternode slot purchases made.
All opinions and suggestions are welcome.