Master Node Update
DFSCoin Community,
As you all know we aim to be the best Daily Fantasy Sports site on the market and since our fantasy sports sites are the best, DFSCoin must also be the best we can make it. Therefore as announced before we are updating our code and adding master nodes, as well as re-branding DFSCoin as FantasyGold.
Here are the details so many people have been asking for:
Ticker: FGC
Algo : NIST5
Block Time: 90 Seconds
FantasyGold will have a Max Supply of only 27,000,000 down from 210,000,000
The current total supply will be reduced 10 to 1 for the swap, meaning that if you are holding 100,000 DFS will receive 10,000 FantasyGold.
Master nodes will require 10,000 FantasyGold as Collateral (100,000 DFS)
We are already in talks with Coinexchange and Cryptopia about conducting the swap
FantasyGold will be a PoW / Master node Coin for the first 12 months favoring Master nodes as follows
50% Miners / 50% Master nodes
40% Miners / 60% Master nodes
30% Miners / 70% Master nodes
20% Miners / 80% Master nodes
It will take aprox 90 days to reach the 20% / 80%. The PoW phase will end in 12 months.
After 12 months PoS staking will be enabled. Block rewards will be split in PoS phase as follows:
45% PoS
45% Master nodes
10% Dev Fund
The 10% Devfund will be used to further FantasyGold and MN owner will be able to make proposals and vote on how to best spend the devfund.
Block Rewards will be as follows:
1st Year:
Q1 50
Q2 43.75
Q3 37.50
Q4 31.25
Once the PoS phase has ended Block rewards will continue to decrease quarterly until year 6 where is will stay at 1.625 FGC until the 27,000,000 FantasyGold has been reached
Here it is DFScoin already has proven to be a great new project and established ourselves as a stand up hard working active team and project. We are exiting our infancy phase in the crypto space and entering the era of dominance. We have the best working fantasy platform on the market with a usable API suite and multiple real world applications being used by several working platforms. Now we take it to the next level!
Introducing our newly rebranded coin FantasyGoldCoin!
We are implementing master nodes with our very own version of the code that is amazing and is more suited to our project and community.
We will be doing a coin swap and bringing our total coin supply down to 27mil from 210mil!
Between the above listed changes and the new re-brand FantasyGoldCoin is the best option period for fantasy sports in the crypto space! Bringing our total coin supply down by almost 10 fold is huge, less coins available equates to a much higher supply and demand that really helps investors to secure great long term gains! We love our community and our team and will not stop until we are a staple in both fantasy sports enthusiast and crypto investors' portfolios.
We are truly kicking off the new year in a big way! 2018 is our year join our community and take this ride with us its going to be unforgettable!
Come talk with our team on our discord channel. We are always active and answer questions right away on most occasions. Come see for yourself why this project is a top investment in 2018! https://discord.gg/JSBgmVS