In the current crypto currency climate, it’s not easy to stand out among the crowd. Innovation is lacking severely, and it’s hard to say whether that’s voluntarily or not.
NoirShares is taking a different approach, by making themselves not just a crypto currency, but also an equity for NDS (Noir Distributed Systems) Projects.
To fully understand NoirShares, we have to think outside of the box for a bit, as it is also “the technology providing the foundation for activities such as voting, funding, trading, communication , contracts, value transfer, and more.”
Owning NoirShares gives you ownership rights in future DAC’s (Decentralized Autonomous Corporations), whose aim is to build shareholder wealth. These DAC’s can be anything from mining to selling software and retail businesses.
With ownership rights also comes responsibilities, such as voting rights and your value. It’s also your chance to participate in the future of technology.
Basically, you get a say in every future venture set up, and the more NoirShares you own, the bigger the piece of the shareholder wealth pie you receive. Pretty straight forward to understand if you ask me.
If you aren’t too tempted by this offer, there are other possibilities for you to explore as well : you can participate in individual ventures, picking the ones you deem “safer” to be part of than others. Having options is never a bad thing.
As of this writing, there are a few ventures in development , including Noir Mining (terra hashes of mining power at your command), NoirSpace (QT-based Chat,Mine,Shop,Ads, and more) and ,of course, NoirEx (fiat exchange for NoirBits, NoirShares)..
All of the above sound like very solid ventures to me, and if I possessed any NoirShares, I would probably try to have ownership in all of them. But that’s just my personal opinion.
One things I forgot to mention is that, in order to have ownership in all upcoming ventures, you can purchase venture shares through the General Fund. For more information regarding the General Fund, check out the NoirBitsTalk forum.
We have gone to great lengths in order to explain the “equity” part of NoirShares, so it’s time to look at the crypto currency part as well.
NoirShares can be mined, as it is a PoW/PoS hybrid. However, there is a limited amount of coins that will be produced through regular mining, which is capped at 5,000,000.
Initial blocks of NoirShares had a 80 NRS block reward, decreasing by 5% every 3,000 blocks. The block difficulty re-adjusts per block, effectively displaying the “mining demand”.
As far as the Proof-of-Stake goes, NoirShares has a 3% stake, with a minimum stake age of 7 days, and a full stake age of 14 days.
If mining isn’t for you, a choice we can completely respect, you can purchase or sell NoirShares at several exchanges, namely CryptoKopen or Poloniex.
There is plenty more to discover about NoirShares, but I’ll let you do that yourself. I can’t force you to be interested in all this, now can I?
Check out the official NoirShares website, the NoirShares thread on BitcoinTalk, and the NoirShares Project Definition.
NoirShares donations are welcome to : 9omMCVCZeF6nCFkypU1dofq8DkK2MZyv8S
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