Download - GryfenCoin Pitchdeck v. 3
In nobis: confidum“In us we trust”
GryfenShare Preorder Begins July 18th, 2014Launching August 20th, 2014
GryfenCoin
Introduction to GryfenCoinOfficial Website: http://www.GryfenCoin.com , http://www.GryfenCo.in , http://www.GryfenCryp.to
Earn Gryfencoin by mining, by using our super faucet, by staking your coins, by buying
Gryfenstake Shares and received those coins staked, by engaging our Options Market, by helping us improve our product and service.
GryfenCoin Technical SpecificationsFull Features List:● Randomly fluctuating difficulty level - “Indigo Storm” algorithm● Randomingly fluctuating block reward (50 to 0/block - 50,000+block#-1/block)● Block Bonus Zones(10-50 random bonus blocks per day 2-7x payout)● Proof of Work Super Blocks(Only when mining from the Wallet)● Proof of Stake Super Blocks(Only for coins held in Wallets)● Block Time 60 seconds● On Transactions 0.01% of transaction is burned off● 100 Trillion+ coins● Embedded Altcoins Options & Speculation Market● Microtransactions fuel physical backing of coin
The Dreaded Topic of the PreminePremine/IPO Amounts
Premine NOT used to pay for anything other than to back options market.
A route for anyone to get involved.
GryfenCoin Proof of Work Mining
XXX - 28.5K - X13 Mod PoW AlgoOur Algorithm uses the insanely popular X13 algorithm - extremely secure and energy efficient (compared to SHA-256 and others), but to differentiate ourselves from the horde of clone X13 PoW/PoS coins we add an extra twist to it.
Every block there are 4 algorithms chosen at random, with duplicity, for only 4 rounds of hashing compared to the traditional 13. Functionally this doesn't sacrifice much but it is more energy efficient and arguably just as effective at securing a blockchain. There's a possibility of 28,561 combinations of hashing.
Proof of Work continued..★ 250 Billion Coin Premine(0.25%) -> Transparent Addresses with trade histories only
used to back options market - will attract lots of traders with a good early adopter bonus - Premine Reduction target = 25 Billion GryfenCoin (0.025%)
★ 250 Billion Coin(initial) Proof of Stake interest(with no pos superblocks) is 0.1%/month dropping to 0.01%
★ 50 Billion Maximum Limit of total supply of coins held by House Options Market, any surplus automatically burnt off by GryfenCrypto but can be mined again by the end user - this is to create a flow in the coin supply to bring balance - bringing inflationary and deflationary pressures equally at force to stabilize with market forces.
★ GryfenCrypto can also optionally burn off coins in our supply regardless of the total control.
GryfenCoin Proof of Stake Blocks
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Proof of Stake: ContinuedProof of Stake blocks are added to end of the 100 Trillion Proof of Work limit- slow growth but enough to relieve against the constant upward price pressure. If these blocks are burned off they still exist but converted into future Proof of Work blocks that can be mined.
The Proof of Stake is higher for coins held in wallets locally, with Proof of Stake superblocks only occurring in the Wallet.
GryfenCoin Mining Fees50% of Mining Transaction Fees go to house: ● ¼ used for a
Superfaucet (only wallet users)
● ¼ to the GryfenCrypto House account
● ½ to go to the miners
GryfenCoin Super Faucet
Gryfen.co Cryptocurrency Options
We love our users, do you love us?
GryfenCoin.com Options Market Fees● Options market fees in GryfenCoin are sold to users or
on exchanges with the proceeds going to bitcoin or other crypto that then is used to purchase gold/silver/rem that grow and gradually back the supply of GryfenCoin.
● This will begin with the first 0.1 BTC of revenue and be ongoing.
Buying GryfenCoinDistribution Outline:
● Premine Backs options market ● Selling shares in weekly deliveries on Proof of Staking of GryfenCoin’s Options House
Account 0.1%-0.01% (ie, premine amount)(142Million - 1.42 Billion) - Selling 4 weeks out, min 0.01% share, Gryfen can hold a 5% reserve of GryfenCoin futures but may exercise the option to sell 100% of futures for a week or month
● Proof of Stake coins minted from GryfenCoin House Premine are held by company and to be used for promotions, investments in the community, periodic micro-jobs(task specific bounties), development and marketing. Records of use will be transparent and public.
● All Funds will be held in public wallets with transactions obvious and public with transaction records
● House 0.25% premine & subsequent house account holdings are used ONLY to back the options market and all transactions are kept public.
GryfenCoin Stake Shares
0.1%-0.01%
0.25%
50 Billion
GryfenCoin Future Plans● GryfenCoin HTML 5.0 Multipool● GryfenCoin Physical Backing● GryfenCoin Reserves
Future & In progress workWeb Trading App, Android App● Working on Right now● Trading app/HTML app(gryfen.co)● Android App(gryfen.co) + GryfenCoin wallet
GryfenMultipool - Web based multipool● Based on Node.js● Mines Low/No Value altcoins, trades them for btc, buy gryfencoins
from exchangesWallet/Miner● Only thing we need IPO funds for.
GryfenCoin.com GryfenCoin Multipool
GryfenCoin.com
Intro to GryfenVault● The purpose of using an actual stored value mechanism that we can insure
means no Mt. Gox incidents, no fractional reserve lending, no losing your money period.
● We will conduct public monthly audits.
● Besides the inherent upwards price pressure due to just the mining, the electricity, the infrastructure used (like in Bitcoin), there will be the added upwards price pressure of the stored value.
The GryfenVault: Additional Backing
GryfenBusiness
Follow GryfenCoin’s SuccessSocial Media:
Twitter: @GryfenCoinFacebook:GryfenCoinReddit: GryenCoin
Contact: [email protected]
Get Involved in GryfenCoinFirst month stake sale of 82,500,000 GryfenCoins(2 BTC)Have GryfenCoin before anyone else.
10,000 Shares for sale @ 0.0002BTC/share or $0.13 cents/share.
On Launch, August 20th 2014, 1 Share will be redeemable for:G82,500 Gryfen Coins
Learn More and Buy GryfenSharesNow taking Coinbase, Anon Bitcoin, and Dwolla
