A new project has been announced, which will try and take the cryptocurrency community by storm. AltcoinKingdom is the name, although that is only one half of the project. KingdomCoin is the other side of the medallion, and both will be interweaving with one another. Oh, and for those of you wondering, I will be involved in this project as well.
While this may seem like direct competition for this very own site, AltcoinKingdom will be a source for everything cryptocurrency related. Whether it’s news articles, proof of developer ratings, Bitcoin or altcoin information, you will be able to find at all on AltcoinKingdom.
The person behind this project is ThisWeeksCoin, a well known name in the digital currency space. ThisWeeksCoin has promoted over 50 altcoins so far, through social media and forums. There is also quite a lot of information on the ThisWeeksCoin website and forum, which will all be used for the AltcoinKingdom project.
As a result, the ThisWeeksCoin project will be rebranded to AltcoinKingdom, and the domain will redirect to the AltcoinKingdom domain.The plan is to gain as many users as possible before even launching KingdomCoin, but more on that in a little bit.
The ThisWeeksCoin forum has over 1,800 registered users, whom will all receive a “Thank you” email and all the necessary information in regards to the rebranding to AltcoinKingdom. All forum posts will be wiped , and a new forum will be opened, reminiscent of BitcoinTalk.
The @ThisWeeksCoin Twitter account will become the official AltcoinKingdom Twitter account when the rebranding is complete. Having a massive following on Twitter will bring lots of attention to AltcoinKingdom once it launched, and should help the site gain traction in a short timespan.
Advertisement space will become available on AltcoinKingdom once the site has launched, and more details in that regard will be announced over time. Articles will be posted on this website, as well as Yahoo Finance, Reuters, Bloomberg and other sources. This kind of exposure will be paid for using the KingdomCoin ICO funds.
As far as staffing for AltcoinKingdom goes, not too many details have been released at this point in time. All we know is they have recruited a senior editor, which is myself. More information in that regard will be posted here in future articles.
Note from the author : Even though I will be the Senior Edtior for AltcoinKingdom, I will also keep running CryptoArticles on a daily basis and do freelance work for other outlets as well. My time will become even more valuable as time progresses, but I will do my bes to balance all of the projects going on in my life.
Most of you readers are wondering by now what KingdomCoin has to do with all of this. Kingdom Coin will be used by miners, investors , website users who want to do a proof-of-developer through the website, and people who need content published on the website alike. As a result, a real demand for KingdomCoin is created.
As of this writing, no proof of developer is available yet for KingdomCoin. The developer stated however that, if the community feels the need for it, he will gladly oblige to going through a reputable proof of developer process in order to bring legitimacy to this altcoin.
I did mention there will be an ICO for KingdomCoin, which is to be held on the C-Cex exchange. More information is yet to come about the ICO itself, the coin price, and the goals which are hopefully to be achieved.
Said ICO funds will be used to pay for operation costs during the first year, and possibly beyond. This includes paying staff salaries (including mine), hosting and domain, advertising costs on bigger websites for an extended period of time.
Not too much is known about the technical specifications just yet, except for the mining algorithm, which is X13. Several mining pools have been confirmed to be available on launch, and a multipool will be added in the near future as well.
As far as exchanges go, both C-Cex and EmpoEx will be listing KING on their platforms.