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AwardCoin, the worlds most secure voting system on the blockchain!

AwardCoin, the worlds most secure voting system on the blockchain!

AwardCoin is a new peer-to-peer decentralized crypto currency, trading under ticker AWR and offering Masternodes to its investors. AwardCoin uses a X11/PoS (proof of stake) algorithm and it has a total coin supply of 420,000,000 AWR.

The developers made the choice to give a very royal Masternode reward of 98% of the Block Reward to the investors, making it a very interesting long term passive income opportunity, compared to many coins that use something like a 60–40 split Block Reward. An AWR Masternode requires a collateral of 10,000 AWR.

What makes AwardCoin unique? First of all, AwardCoin is a voting platform that aims to create a top-notch voting reward system for talented people and will use the AWR payment system to support professional contests and competitions. This idea isn’t new, however, translating it onto a fully functional blockchain is an innovative approach by the AWR-development team and the usage of blockchain technology will make it credible, transparent and democratic.

Secondly, the blockchain technology will enable users to send unbiased information anonymously through a securely encrypted system. AwardCoin Blockchain Technology makes it impossible to alter the results in the system, unleashing a new wave of similar applications for things like political elections. The AwardCoin developers are pioneering with this new approach on fair voting.

Governments will most likely make similar efforts, it is therefore very interesting to see how the AwardCoin team further develops this important technological break-through and precendent.

AwardCoin Special Features:

Every modern crypto coin needs to have extra’s that make it unique compared to its competition and AwardCoin wanted a mix of the best possible options:

The transactions a very fast and operate in microseconds, the transaction fees are low and the project is open source, which will allow others to learn from its technological creativity. The team opted to reward the AWR Masternode investors that support the project by offering them a 98% Block Reward, unique in the sector.

AwardCoin developed a user friendly and lightning fast technology that allows users to create online polls in minutes. The software automatically detects human errors or attempts to commit fraud.

The adoption of the online voters is high at 60 to 80%, compared to only 30% with physical voting polls, creating much needed growth potential for the AwardCoin project.

AwardCoin Design:

When we analyse a crypto currency project, we also look at design. From website, to Bitcoin ANN thread, AwardCoin outperforms many competitors, offering users a pleasant user experience.

The website offers all information you might desire, and more: a block reward table and a distribution of the tokens give investors a better insight on what the future brings for AwardCoin, and how the team uses the funds it is raising.

Transparency:

Despite privacy concerns in the crypto sector, only honest teams can risk openly posting themselves on the many internet related channels, like the website and discord server. So, you can get to know this team in person and communicate with them, they will answer all your questions.

Besides openly communicating in the cryptosphere, the team is well represented on social media like facebook, telegram and twitter.

How to invest in AwardCoin?

The easiest way to invest is to open an account on the exchanges offering a BTC/AWR trading pair. You can buy AWR on CryptoBridge, Escodex (soon) and CoinExchange. To check the coin out, you can also visit MasternodesOnline, or look into the Block Explorer.

To maximize your profit potential, it is understandably better to buy an AWR MN and run it, using a vps server, then to buy 10,000 coins and leave them exposed on the exchange where you’re not getting rewards and risk loosing your coins when the exchange gets hacked. Always keep your coins safe! A Masternode Installation Script is available for you to install your AWR MN!

If you’re not setting up an AWR masternode, the best place to safely store your AWR coins is one of the many wallets that are available, like Windows32/64, Linux, MacOSX El Capitan and MaCOS High Sierra.

AwardCoin Roadmap:

Last but not least we looked at the roadmap, an excellent tool to follow up on the developers’ progress: does the development team meet their deadlines? If there is no roadmap, pack your bags and leave, luckily AwardCoin offers you a detailed roadmap with their goals. Knowing the team, they will do their best to meet those goals in time.

Conclusion:

AwardCoin is a relatively new P2P decentrailzed crypto currency and targets the democratisation of voting, using blockchain technology, thereby pioneering in this segment of the crypto market. It offers a very strong MN reward system with a 98% Block Reward for its most loyal MasterNode investors, creating a lucrative passive income opportunity. Much attention went to the overal design of this project and the necessity to offer a complete informative and transparent project. The transparency of the development team is a welcome extra within a often anonymous crypto development base.

Exchanges:

CryptoBridge: https://wallet.crypto-bridge.org/market/BRIDGE.AWR_BRIDGE.BTC

CoinExchange: https://www.coinexchange.io/market/AWR/BTC

Escodex: Launching soon!

Important links:

Website: https://awardcoin.org/

Whitepaper: http://awardcoin.org/wp.pdf

Bitcointalk: https://bitcointalk.org/index.php?topic=5143477

Discord: https://discord.gg/zdDX86J

AwardCoin invites everyone to join their project discord server!

Published at Fri, 17 May 2019 12:43:59 +0000

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