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GiveCoin (GIVE)

GIVE

GiveCoin is a CryptoCurrency with a charitable angle - the idea being to emPoWer charities and encourage giving.

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Website: GiveCoin

Algorithm: X11
Proof Type: PoW
Fully Premined: no

GiveCoin is a CryptoCurrency with a charitable angle - the idea being to emPoWer charities and encourage giving. The coin is based on DarkCoins ASIC resistant X11 algorithm, has a block time of 60 seconds - block reward of 1000 coins per block - halving every six months - a total supply of 500 million and a Kimoto gravity well difficulty retargetting. There was a premine of 5%, 2% will be donated to charities on a most voted basis each month, 1% for disaster relief, 1% for bugs and bounties and 1% for development and marketing.