NeuCoin – The Most Successful Presale Since Ethereum
The micropayments cryptocurrency began a pre-sale on the April 28. With in the first seven hours over 2000BTC were raised, and NeuCoin continues to sprint towards their US$900,000 goal.
NeuCoin Presale Launches
Commencing on the 28th April, the micropayments cryptocurrency NeuCoin will start a presale of 100 million coins. The proceeds will be distributed amongst NeuCoin’s non-profit foundations and will fund further development of NeuCoin. They aim to raise US$900,000, in addition to the US$2.25 million pre launch VC funding previously received.
The First Secure,Cost-efficient and Decentralized Cryptocurrency
NeuCoin is a decentralized peer-to-peer cryptocurrency derived from Sunny Kingâs Peercoin,which itself was derived from Satoshi Nakamotoâs Bitcoin. As with Peercoin,proof-of-stake replaces proof-of-work as NeuCoinâs security model,effectively replacing the operating costs of Bitcoin miners (electricity,computers) with the capital costs of holding the currency. Proof-of-stake also avoids proof-of-workâs inherent tendency towards centralization resulting from competition for coinbase rewards among miners based on lowest cost electricity and hash power.
