Eigencoin

Eigencoin, pronounced "Ahy-guh-n-COIN" (EIGC), is a new, highly secure cryptocurrency that prioritizes earning interest rates for lenders, and is specially designed and built for sustainable long-term growth.



What is Eigencoin?

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Utilizing the SHA256 PoW algorithm, Eigencoin is a self-regulated financial system that allows owners to earn more coins through mining, staking, or direct purchasing through Bitcoin.

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Eigencoin makes deliberate investments in its ecosystem in order to maximize long-term growth for its lenders. Our developers will utilize dedicated mining rigs to allow our team to mine Eigen, and use that as a source to pay out interest to our community.

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Eigencoin staking will amount to 22% annually. Staking will begin promptly one hour after coins have been deposited in the wallet. There is no maximum staking amount; the longer your coins are in wallets, the more coins you will earn.

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Eigencoin has many unique features that make it more accessible than other platforms, including a full coin ecosystem, a bi-annual buyback program, an ad-revenue redistribution program, and early lending-investment withdrawal. More information and a full list of features can be found in the whitepaper.

Features

ICO Investment Program

- Our team of expert analysts will reinvest a portion of our funds into the latest and most promising ICOs, redistributing profits back to our users.
- A small percentage of lent money will be re-invested into various ICOs.
- ICOs will be vetted thoroughly by our handpicked team of analysts.
- All investment profits will be redistributed to the lenders.

Ad-Revenue Redistribution

- All ad revenue generated on our exchange will be redistributed back to our customers. This number will only increase as we grow our community and traffic.
- Once our community grows, our site will be monetized with banner ads.
- All ad-revenue from site traffic will be redistributed to coin-holders.

Growth Plans

- In the interest of fostering a strong community, we have major plans to invest in our ecosystem.
- Premium Content Portal: we will implement a blogging rewards platform similar to Steemit, focusing on HYIP content.
- Bi-Annual Buyback Plan: Every 6 months we will use 10% of our profits to buy back tokens and burn them.

Security

- Eigencoin is a highly secure peer-to-peer decentralized cryptocurrency using SHA256 PoW algorithm.
- We have a trained team of experts to ensure the complete security and anonymity of our platform.

Staking

- Eigencoins held in a wallet will be staked to give interest, which ensures the functioning and security of the Eigencoin chain.
- Earn a 22% return on investment by holding Eigencoins in wallets.
- Any Eigencoin held in wallet will be staked one hour after it has been deposited.

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Specifications

Block Time 1.5 mins
Proof-of-Work (PoW) reward 0.05
Proof-of-Stake (PoS) interest rate 22% per year
Minimum staking age 1 hour
Maximum staking age Unlimited
Block Confirms for Mined Blocks 30
Block Confirms for Sending/Receiving 6
Total Coins: 28,000,000 EIGC
Pre-mine: 15,000,000 EIGC