Description: InfiniLooP (IL8P) is a decentralized, peer-to-peer digital network, built on the success of the Peercoin / Novacoin / Blackcoin foundation.
Based on >1 year of market research, our team set out to address some of the most fundamental issues in the cryptographic asset sphere: [1] The problem of abandoned / non-functioning coi
Description: InfiniLooP (IL8P) is a decentralized, peer-to-peer digital network, built on the success of the Peercoin / Novacoin / Blackcoin foundation.
Based on >1 year of market research, our team set out to address some of the most fundamental issues in the cryptographic asset sphere: [1] The problem of abandoned / non-functioning coins; [2] The all-too-prevalent issue of scams; [3] The indiscriminate issuance of new tokens, often without a purpose.
Our mission: To create a burn-swap mechanism, with a sustainable, long-term community support, as an attractive off-ramp for those who suffered as a result of abandoned / scam / defunct cryptocurrency ventures.
Technical Parameters & Roadmap:
PoW: Time-limited, publicly-accessible PoW epoch of 7,500 blocks [Jan 11-17, 2021]. During this time 10,000,000 of IL8Ps available for burn-swap w
Technical Parameters & Roadmap:
PoW: Time-limited, publicly-accessible PoW epoch of 7,500 blocks [Jan 11-17, 2021]. During this time 10,000,000 of IL8Ps available for burn-swap were generated. The rest were generated by community members via open invitation (>250 Discord invitees).
PoS: After the initial PoW epoch, the blockchain will be driven exclusively by staking rewards, with approx. 1% annual inflation. Block times are approximately 0.5-1 minute, with standard PoS reward of 1.5 IL8P [See explorer].
Roadmap: [Jan 2021] Genesis block, Linux wallet, Gemmer wallet, Block explorer; [Feb 2021] Burn-swap begins, EWMCI P2P shopping platform integration, EWX-16 index inclusion; [Mar 2021] Windows wallet, CoinMunityWallet; [Jul 2021] Burn-swap reward reduction, Exchange listing, Pricing stream listing; [Sep 2021] Further burn-swap reduction, with 50% decrease in stake reward; [Dec 2021] Outstanding premine burned.
General Eligibility:
[1] Offer does not apply to EWMCI Leadership Alliance coins (EWX-16);
[2] Coins are swapped at zero-value, meaning that no value is implied or promised for IL8P (as a cryptocurrency IL8P has no intrinsic value and the EWMCI general cautionary statements and disclaimers apply in full);
[3] Burn-swap exchange schedule:
- Ja
General Eligibility:
[1] Offer does not apply to EWMCI Leadership Alliance coins (EWX-16);
[2] Coins are swapped at zero-value, meaning that no value is implied or promised for IL8P (as a cryptocurrency IL8P has no intrinsic value and the EWMCI general cautionary statements and disclaimers apply in full);
[3] Burn-swap exchange schedule:
- Jan-Jul 2021: 100 "coin" to 1 "IL8P"
- Jul-Sep 2021: 150 "coin" to 1 "IL8P"
- Sep-Dec 2021: 200 "coin" to 1 "IL8P"
Note: Abuse will not be tolerated;
[4] Offer is limited to 1 per claimant, with a hard limit of 20,000 IL8P per claimant;
[5] Every claim must follow the GIVE sequence:
- G: Get Gemmer Wallet
- I: Get Involved in our Discord (claims occur in "burn-swap" channel only)
- V: Verify your burn, with ONLY two ways of doing it: [a] send to burn address (100% reward); and [b] video proof of (delete/empty trash) of wallet.dat, clearly featuring pre-delete balance (50% reward only)
- E: Embrace InfiniLooP by becoming an active community member and an IL8P advocate
2,000,000 AVO
15,000 GAME
5,669,365 LINX
25% Total WORX Supply
2,000,000 SON
229,372 XVT
Cumulative: 2,361,747 Miscellaneous Other Coins / Tokens
[mailto: coins@ewmci.com]
East-West Magnate Cryptocurrency Experts
East Pennsylvania, USA
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