What is WeyCoin?
(https://weycoin.org/data/logo.png)
WeyCoin is a unique form of cryptocurrency (memecoin) with suspiciously advanced technologies behind it. Despite its roots stemming from the Ugandan Knuckles memes, it has a serious approach to it. Ultimately, the coin will work in tandem with PoW, Masternodes and implement a new form of technology called Proof-of-Meme. Users will essentially be rewarded a percentage out of every block for liking (clucking), disliking (spitting), sharing and posting memes on our platform. The first version of this technology will work as a tipping mechanism for creation and posting of memes through the use of QR Codes. The timeline of this is outlined in our roadmap below:
(https://weycoin.org/data/roadmap.jpeg)
Click Here for our Whitepaper (https://weycoin.org/data/whitepaper.pdf)
So let's get to it now
The official links are outlined below:
Main Website (https://weycoin.org)
Blockchain Explorer (http://explorer.weycoin.org)
GitHub Repository (https://github.com/WeyCoin/WeyCoin)
Social Media
Discord Group (https://discord.gg/AXmsuaV)
Telegram Group (https://t.me/joinchat/HBWfHBHoHsuzc7hDCM8UyA)
Telegram Channel (https://t.me/weycoin)
Twitter (https://twitter.com/weycoin)
Reddit (https://reddit.com/r/ugandancoin)
Facebook (https://facebook.com/weycoin)
Exchanges we're currently listed on
CoinHouse Exchange (https://coinhouse.eu/markets/waebtc)
TradeOgre Exchange (https://tradeogre.com/exchange/BTC-WAE)
AllTrade Exchange (http://alltrade.center)
Official Pools
WeyCoin Pool (http://pool.weycoin.org)
FatPanda Pool (http://pool.fatpanda.club)
RarePool (https://mwfu.com)
Other Information
Coin Ticker: WAE
Max Coin Supply: 256,000,000 WAE
Masternode Collateral: 15,000 WAE
Block Time: 20 seconds
Algorithm: Lyra2REv2
#DevelopmentTeam : Flavius P. (Primary Developer), Dave A. (Community & Marketing)
Premine: 56,000,000
During the first week of launch (January 20th) WeyCoin used the Litecoin framework. As such, the network was quickly invaded by ASIC miners. We attempted to restart the network and give everyone a pre-mine of the first 10,000 blocks, each with a block reward of 5,600 WAE. Out of these, it was used to give back to those who were investors in WAE during the early days, granting them over 5,000,000 WAE in refunds.
Block Rewards:
0 - 10,000 -> 5,600 WAE
10,000 - 200,000 -> 120 WAE
200,000 - 400,000 -> 60 WAE
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The block subsidy continues to halve as usual, however, we will be bumping the block reward up whenever it is suitable in order to give the coin more profitability.