Well this is something you won’t see every day. You might actually have never seen it before, or never see it again, so savor the moment. Crypto-Trade , a known exchange of various currencies including Bitcoin, Litecoin and Worldcoin against US Dollar, has agreed to list Ultracoin.
No big deal, you will say, where it not that Ultracoin hasn’t been released yet, and won’t be until February 1st.
It’s very unusual for any exchange to list a new coin that has not been released yet. The move might seem controversial, or maybe the paid Crypto-Trade a handsome sum of money. Regardless of what the reason is, let’s take a look at Ultracoin :
– Scrypt-jane PoW/PoS coin
– 30 Seconds blocktime with 50 coins block reward (halving evey 990,000 blocks)
– 1 Day before difficulty retargets
– 2% premine (for various reasons , check the official BitcoinTalk thread for more information)
So far, it doesn’t seem all that refreshing, but we are sure there is a good reason why Crypto-Trade agreed to this deal. with Ultracoin. I guess we will find out more on February 1st!
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