Even though the World Cup 2014 is going on, and we are getting quite spoiled by the amount of goals being scored, the Crypto world isn’t too far behind. GoalCoin was released recently, so let’s take a look at what they bring to the table!
We haven’t seen any dedicated sports-related Cryptos yet, so GoalCoin is looking to change that. As football (or soccer for you Americans) is one of the most popular sports in the game, the choice for naming it GoalCoin is quite easy.
With five dedicated developers behind GoalCoin, the am is to increase awareness for Crypto by revolutionizing the soccer industry. Part of this effort will come from the GoalCoin community, and we know that Crypto communities can be quite ingenious.
Even though GoalCoin launched close to the beginning of the World Cup, this is just a first step in a long-term plan. Over the coming days and weeks, we will see the GoalCoin infrastructure being rolled out , allowing users to spend their GOAL on real-world soccer-related services.
Several GoalCoin projects have already launched, such as Goal Pass. The objective is to predict the World Cup scores by betting on your favorite teams. Goal Passes can be purchased on this website, at the cost of 20 GOAL.
You can create your free account at this website, and if you are lucky, you might be one of the five daily winners who will receive a free Goal Pass. Prizes will be distributed July 13th.
Up next is GoalPay, a payment gateway API plugin. Any merchant in the entire world can start accepting GoalCoin as payment method for their goods and services. This plugin is also available as an official WordPress plugin, which you can find here.
A GoalCoin Android Wallet will be available very shortly as well. Development, testing and submission to the Google Play Store have all been taken care, and we are now awaiting Google’s approval. We will keep an eye out for the GoalCoin Android Wallet.
While you are mining GoalCoin, you might want to weigh off your pool options. The four official mining pools will each represent a World Cup match, and miners can predict/select the winner from either of the two represented teams in the pool’s poll.
Users who select the winning team will receive an extra mining reward for the next 24 hours, making mining GoalCoin a lot more fun than it already was. You can find the list of official GoalCoin mining pools here.
* Algorithm: Scrypt with DigiShield
* Block time: 1 minute
* Difficulty retarget: Every minute
* Maturity: 8 blocks
* Block reward: 2 Goalcoin, reducing 1% every week
* Total number of coins: 2.3 million, after that, block reward will be fixed at 0.03 goalcoins
* Distribution: PoW Mining 90%, World Cup Pool Rewards 2%, Giveaway at World Cup Stadiums: 4%, Pre-release Sale: 2%, Bounty 2%
As far as exchanges go, GoalCoin is currently traded at both BitTrex and UseCryptos.
GoalCoin donations are welcome to : DHnXK8A9j9JpkfNtJVFkLfDDXAbEiqVr9E
GoalCoin website : http://goalco.in/
GoalCoin on BitcoinTalk : https://bitcointalk.org/index.php?topic=645607.0
GoalCoin social forum : http://forum.goalco.in/
GoalCoin on Twitter : http://twitter.com/GoalCoin/