VOCAL COIN REVIEW
VOCAL is a new Crypto Currency that is geared towards the Music Industry. A tool to empower new and also prominent Artists in the Music Field, Vocal is designed to reach out to many who perhaps do not have yet the means to pursue their musical career due to lack of funds to purchase equipment etc and also create the platform for Musicians and Artists to sell their Music in the VOCAL WEBSTORE. VOCAL will have a dual function in the way it operates to assist Musicians get to the next level though their WEBSTORE AND KICKSTART PROGRAMS and will accept BTC AND VOCAL as the two crypto currencies to be used as a medium of exchange on their VOCAL Platforms.
VOCAL is preparing a healthy ECONOMIC environment for both Investors in the Crypto Currency itself and for the Artists and Musicians it aims to help. As Crypto Currencies have smaller transaction fees, VOCAL will be enabling the ailing economies worldwide by creating a healthy financial system within its own ecosystem which has been drafted in its own PROOF OF ECONOMIC STABILITY DOCUMENT just released. This document explains all how the economy system within the VOCAL COIN environment will function ad why it is going to be a lucrative entry point for ICO investors to collect a few coins at ICO launch. By Initializing both an ECONOMIC Fund and a DEVELOPMENT fund as outlined in this PDF, VOCAL COIN aspires in this way to generate revenues for both the top 50 VOCAL COIN addresses, the Artists and Musicians and the general health of VOCAL COIN itself through its Stability FUND. Creating a coin deflationary in nature when the ECONOMIC FUND hits a certain target, VOCAL will be ensuring the steady economic growth of the Coin whilst at the same time helping Musicians and Artist fulfill their dreams.
VOCAL [VOCAL] SPECIFICATIONS
Here are the specifications of VOCAL as outlined in the VOCAL announcement thread.
The main currency in Vocal will be [Vocal] Coin , it will be used in the store, for crowd-funding’s and to be the base of the Vocal stability fund.
Vocal Coin has optimal specifications designed as a fast currency for the Vocal store and to not generate over inflation being fully PoS with a 4% stake annual interest.
There will be initially 28 million vocal coins to be used on the entire platform.
- 100% Proof of Stake
- Initial Coin Supply: 28 Million coins
- Stake Interest: 4%
- Minimum Stake: 6 hours
VOCLA is pure POS to facilitate a more equal and even distribution of the coin and is currently being held on the C-CEX Exchange. It is being received warmly so far and those who are in the Music Business will appreciate such an endeavor to help assist in bringing customers and Bubbling Talent together on one platform. The ICO for VOCAL will run for seven days and the price will be static throughout the ICO period @ 500 satoshi after which the ICO will finish and the market then will trade freely according to demand and supply. One may pick up ICO coins here: VOCAL C-CEX MARKET for the duration of the ICO.
VOCAL COIN LINKS
Want to know more about VOCAL Today? Why not check the links below..