What Is 808?
808 is a proof of stake coin. That means that you earn additional coins every few days just for having some coins in your wallet (and keeping the wallet in unlocked mode once the coins reach maturity).
Why The Name?
It is inspired by The Roland TR-808, a rhythm composer device released in the early 80s. It was one of the first of its kind to be accessible to people in general, and many musicians today still consider that it had something special, even when compared to newer technologies. A new crypto-coin needed a name, so, might as well call it 808, right?
Coin Specifications
- 808% APR (yes, gives 808% interest profits per year)
- Eligible for 17%+ stake after 8.08+ days (yes, coins mature after 8 days and a couple hours) Thats 17% interest profits after a little more than a week
- Holders keep earning an additional 2%+ for every day over 8.08+ days
- PoW rewards vary with difficulty
- Larger PoS blocks stake quicker, take advantage of compounding
It trades on several exchanges including Cryptopia, NovaExchange, and TradeSatoshi.