/biz/ - Business & Finance

I made a shit coin that you can mine on ethereum . It's called Per Annum and it can only be mined for the first two weeks of each year. It is mined by calling the mine function on the contract, and gives 100 tokens every time it is mined. Only 1,000,000 can be mined for the first 4 years, halving every 4 years.

I'm shilling my shitcoin. I made it as an experiment in timed emission using ethereum.
It's called Per Annum, it is an ERC20 token with a limited minting period which takes place the during the first two weeks of every new year for 192 years. There are 16,000,000 total tokens and a yearly cap which starts at 1,000,000 and halves every four years. It is mined using a mining function which returns .01% of the yearly cap to the wallet that calls it, meaning it starts at 100 and is halved every 4 years. Each year, except the first, only 10,000 calls to the mining function can succeed. The first year, only 750,000 can succeed due to 250,000 of the first years token being granted to the contract owner. I planned to give some out to some bizrali's on here, but that is now against the rules. But if you are interested email: PerAnnum@mail.com

mining starts on 01/01/2018

0xEf83e29f3C7e8C0b92a25781E4FAECD973A7d55A