ROIyal Coin Whitepaper

Transcription

1 ROIyal Coin Whitepaper Ver 1.02 Introduction 2 Aims of the Project 3 Technical Specifications 5 Premine Distribution 7 Summary 8

2 INTRODUCTION Blockchain technology has experienced an enormous growth of popularity through the recent years and still the potential it bears is far away from being truly unlocked. Currently, the crypto market is in the phase of active evolution, which means a great variety of projects appear and try to adapt and contest each other for the attention of the community. This also means that a great deal of these projects will not survive long, because of the lack of flexibility and impulse. The most common issues that severe the lifecycle of a cryptocurrency are the unbalanced economy and the lack of a use case. The use of masternodes (MNs) for the security of the blockchain as well as the implementation of instant and anonymous transactions became a small revolution inside the crypto world itself. In a small fraction of time MNs became valuable investment assets, because the operating masternodes are given certain coin rewards from the newly found blocks. The key parameter for a person who is purchasing a masternode is its payback time or ROI (Return on Investment). One of the crucial problems for the investors is the uncertainty risk caused by the fact that numerous crypto coin teams either lack an economical background or deliberately plan to collect funds by luring the investors with sweet promises, and then escape. In either case, many projects start with the estimated payback times of their nodes being very short which looks exuberant for investment but the coin emission, which is commonly outrageous in scale, results in the creation of a host of new MNs every day and the ROI values decline drastically, as does the profit of the investors. Combined with the negative effects of overproduction of coins on the exchange rates, one might quickly find himself experiencing bitter financial losses instead of profits or even a payoff. 2

3 AIMS OF THE PROJECT We created our ROIyal Coin (ROCO) with the goal of providing a crypto investor with a prolonged passive income from a Masternode. By design, the block reward system has two distinct phases. During Phase 1 the amount of coins per block gradually grows, in order to compensate for the number of masternodes in the network. The initial MN collateral of 1000 ROCO also changes, to 2000 ROCO at block and 3000 to block , in order to leverage the effects of coin emission on the market. Phase 1 will allow a significant number of community members to become early investors, and then to maximize their profits. The subsequent Phase 2 involves a gradual decrease of the block rewards, which will serve as an anti-inflation tool and the value of ROCO coins in the hands of MN holders and stake holders will increase due to a slight deficiency of coins on the market. The use case of ROIyal coin is directly linked to the concept of ROI of masternodes and the revenue early investors to a crypto project should get for their support. We intend to create a monitoring platform wait, yet another MN service?! one might rightfully ask but this one is different. The common problem a crypto investor with a capability and desire to fund the freshest emerging projects experiences is the need to filter off vast amounts of informational noise, or even the lack of required information at the time it s needed most. We are working on a platform that would list the coins about to launch and provide early or pre-launch information about the initial ROI, along with other useful data. This way a potential investor will have all the data to help him make a decision, whether to invest in a high-risk, but an ultrahigh-roi coin, or a project with very expensive MNs but an estimated stable revenue in the long run. Further development of the ROIyal Platform will include trading services, such as direct exchange you will be able to buy some promising coin for BTC, RVN, or any other crypto, including another emerging coins. All of this will be available to the early investor or trader long before the time a project is listed on an exchange or any ranking or monitoring service. One should realize that such early purchases are actually very risky, but the profits they might bring can outperform any expectations. 3

4 Our plans include the implementation of a reputation-based aspect to our platform the developers of the emerging projects will be able to provide any additional information to bolster the trust from the community. Such data will not be demanded however we respect the anonymity and privacy of any user of the internet and hence will not force a KYD procedure for the coin teams, or a KYC one for our community members. At first, listing on the ROCO Platform will be free for the novel coins. This period will last 2-4 weeks, depending on the market conditions at the platform release time. Afterwards, a certain fee will be introduced, which would be paid by buying out ROCO coins from the exchange. The coins must be sent to a specific address where they will be locked by the team and thus removed from circulation. This decrease of the total supply should increase the value of the coin and strengthen its exchange rate. Coin Reviews In addition, right before the launch of our project, team ROCO has made a promising collaboration and we will be launching our own coin review channel! Starting from a simple screenshot-andcomment format, we will gradually develop into a full scale video resource dedicated to the analysis of emerging coins to help you secure your investments! 4

5 TECHNICAL SPECIFICATIONS Name / ticker ROIyal Coin / ROCO Type of consensus POS/MN Masternode collateral ROCO (*) Total supply ROCO Blocktime 60 sec POS coin maturation time 1 hour Coins per block 1-6 (*) Masternode reward, per block 80-90% (*) POS reward, per block 10-20% (*) (*) - see detailed reward sheet Dev-fee 0% Premine 0.5% ( ROCO) 5

6 DETAILED BLOCK REWARDS Starting block numbers for the respective block ranges are shown MN collateral 1000 ROCO, MN rewards 80%, POS rewards 20% Continuation of the Table Block reward 0.01 Block reward MN reward MN reward 2.34 POS reward POS reward 0.26 Block reward 4.5 Block reward MN reward MN reward 2.25 POS reward 0.9 POS reward 0.25 Block reward 6 Block reward MN reward MN reward 2.16 POS reward 1.2 POS reward 0.24 Block reward 4.00 Block reward MN reward MN reward 2.07 POS reward 0.80 POS reward 0.23 Block reward 3.90 Block reward MN reward MN reward 1.98 POS reward 0.78 POS reward 0.22 Block reward 3.80 Block reward MN reward MN reward 1.89 POS reward 0.76 POS reward 0.21 Block reward 3.70 Block reward MN reward MN reward 1.89 POS reward 0.74 POS reward 0.21 Block reward 3.60 Block reward MN reward MN reward 1.80 POS reward 0.72 POS reward 0.20 MN collateral 2000 ROCO, MN rewards 85%, POS rewards 15% Block reward 3.50 Block reward MN reward MN reward 1.71 POS reward 0.53 POS reward 0.19 Block reward 3.40 Block reward MN reward MN reward 1.62 POS reward 0.51 POS reward 0.18 Block reward 3.30 Block reward MN reward MN reward 1.53 POS reward 0.50 POS reward 0.17 Block reward 3.20 Block reward MN reward MN reward 1.44 POS reward 0.48 POS reward 0.16 Block reward 3.10 Block reward MN reward MN reward 1.35 POS reward 0.47 POS reward 0.15 Block reward 3.00 Block reward MN reward MN reward 1.26 POS reward 0.45 POS reward 0.14 MN collateral 3000 ROCO, MN rewards 90%, POS rewards 10% Block reward 2.90 Block reward MN reward MN reward 1.17 POS reward 0.29 POS reward 0.13 Block reward 2.80 Block reward MN reward MN reward 1.08 POS reward 0.28 POS reward 0.12 Block reward 2.70 Block reward MN reward MN reward 0.90 POS reward 0.27 POS reward

7 PREMINE DISTRIBUTION The total amount of ROCO coins in the premine is only 0.5% from the total supply coins. Out of that quantity, we dedicate coins to the presale of 30 ROCO masternodes. Another 30k coins will cover various marketing expenses and several promotion campaigns will have the budget of 5k ROCO. A part of coins (25k) will make up the ROCO Development Fund. Finally, 15k coins will be used as a reserve to cover other expenses. ROCO Premine 14,3% 4,8% 28,6% Marketing 23,8% Presale Development fund 28,6% Reserve Promotion The use of the premined coins by the team will be driven by necessity, this is demonstrated by the small amount of coins reserved for promotion. We will minimize the activities resulting in giving away coins, as due to our observations, this only leads to a decrease of the market price because of mass selling of the coins by those who don t value them. 7

8 SUMMARY ROIyal coin (ROCO) is a MN/POS cryptocurrency with the economical parameters tuned for prolonged passive income of the investors. ROCO has a low premine volume. The premine part accessible by the team will be used carefully, to avoid exchange rate fluctuations. The ROCO team is building a platform for early and pre-launch listing of emerging cryptocoins, aimed at helping early investors secure their funds. The extension of the ROCO Platform will include a reputational aspect and trading mechanisms. Team ROCO will establish and maintain a coin review channel. 8

9 THANK YOU FOR YOUR ATTENTION! 9