It was only a matter of time until people started cashing in on the “The Hobbit” movies, by making a cryptocurrency themed after either a character, or a hobbit.
HobbitCoin is one of the few coins that have been released lately without a pre-mine. It’s good to see some developers still feel it’s the proper way to go.
Whether or not that will have any effect on the (lack of) popularity of HobbitCoin down the line, is still up for debate.
Total coin supply will be around 10,000,000,000 with a 1,000 HobbitCoin reward per block. There’s also a 5%-50% chance to get a bonus of 50,0000 coins. .
Other than this, there isn’t too much information available regarding HobbitCoin for now. Then again, hobbits usually keep to themselves and don’t like outsiders too much.
If you like hobbits, or “The Hobbit”, this coin might be of interest to you. Otherwise, it’s a pretty mysterious coin, which usually doesn’t bode too well.