The Winter Olympics are here people! Time for some sports you would never or hardly watch otherwise. Although I personally only care about hockey.
It’s only natural then, that we have a cryptocurrency representing the Olympics, and everything it stands for : spirit, competition, lots of money involved,…
OlympicCoin is carrying it’s torch towards the grand stage of “crypto world”. Just run with it. (See what I did there? Harr harr)
OlympicCoin is a Scrypt coin with random block rewards and special Medal Blocks. Every hour there will be a random Bronze Medal Block that has 5,000 coins. Every 6 hours there will be a Silver Medal Block with 7,000 coins, and every 12 hours there will be a Gold Medal Block with 10,000 coins.
After the first month of mining, the OlympicCoin rewards will start reducing gradually. The lowest reward will always be 1 OLY, because participating is more important than winning, so everyone wins!
No information has been released regarding exchanges, services, or pretty much anything you can do with OlympicCoin, so we’ll have to wait and see.