NowCoin (NWCN)

NowCoin (NWCN) is a cryptocurrency part of the NowCoin market game, an innovative platform designed to create a social ecosystem for Nowcoin. The game incentivizes holders to enter and hold Nowcoin while also attracting merchants interested in offering services to network members in exchange for Nowcoin. The total number of NowCoins is initially distributed among different blockchain accounts to ensure fairness.

The distribution includes 10,000,000 coins in the Founders Pool, which remains locked and inaccessible during the game. Additionally, there are 5,000,000 coins in the Special Pool, which are dedicated to motivating holders in special projects such as competitions and events. The Exchange Pool consists of 50,000,000 coins available for purchase by anyone with a valid DEX account, as listed in the order book.

The NowCoin market game encourages people to hold Nowcoins through a reward system. There are three types of rewards distributed among members. The Basic Reward grants a 3% reward to accounts holding more than 100 Nowcoins on each month’s 1st and 15th days. The Premium Reward is given to the top 1000 accounts based on their Nowcoin balance, rewarding them with 8% of their balance on the 1st day of each month. Finally, the Final Airdrop will occur when the Reward Pool account drops below a balance of 10M or on 15th July 2019.