After receiving a few requests on Twitter to do an article about a digital currency we didn’t talk about yet, the time has come to take a closer look at RoxCoin. The tagline seemed interesting : “Crypto With A Beat That Rox’s” . Alright, here we go!
RoxCoin is a digital currency developed for musicians, song lovers and Crypto enthusiasts all over the world. The team has collaborated their passion of music and Crypto to create a very unique coin that truly ROX’s !
RoxCoin was launched a few days ago, on June 28th 2014. To be honest, RoxCoin was ninja-launched, and with a Proof-of-Work phase that only lasted for 24 hours, you had to be quick to mine some ROX.
During RoxCoin’s Proof-of-Work phase, a total of 4.5 million coins have been generated, spread over 1,440 blocks.
As RoxCoin is currently in full Proof-of-Stake phase, wallet owners will start receiving stake interest after 8 hours, with no maximum coin age. PoS interest will be generated at a rate of 1-8% per year, starting with 8% (I assume).
As of this writing, there are no future plans announced for RoxCoin. Keeping in mind this is a digital currency aimed at music lovers and musicians, there are a lot of possibilities. We will keep an eye out for any further announcements.
As far as exchanges go, you can trade RoxCoin against Bitcoin over at C-CEX and BitTrex.
You can find out more about RoxCoin by using the following sources :
RoxCoin on BitcoinTalk : https://bitcointalk.org/index.php?topic=668876.0
RoxCoin on Twitter : https://twitter.com/ROXCoin
RoxCoin donations : RL2jkkfDe6Guqgvi9VyAzjmn1qqmEUv4WK