BluCoin kind of came out of the blue. Yes, I made a pun, no it was not intended.
The reason why BluCoin should be of interest to pretty much anyone, is because it labels itself as a “social media currency”. Curious to see how that turns out.
The BluCoin pre-announcement has been made well in advance, as you can’t start mining until February 7th, so there’s still some time.
BluCoin openly states it has a pre-mine, but the fact they’re giving away these coins before launch tells you the story of “why” there was a pre-mine to begin with.
Miners aren’t left in the cold either! As soon as the BluCoin wallets and mining pools are available, there will be free coins for every miner!
The first 500 BluCoin blocks will have a 1,000 BluCoin block reward, which will then lower to 100 per block afterwards. There are also special blocks (every 1000th block) will reward 5,000 coins, and block 10,000 will grant 10,000 BluCoin.
Once BluCoin has launched , we will certainly do a follow-up article, so keep your eyes open for that.