Steemcoin White Paper

Introduction :

A lot of minnows in steemit are struggling to earn good money on steemit. It's hard, I agree, but there are always solutions to grow if you came up with an amazing idea to improve the community. The idea of steemcoin came to me after working hard on steemit for more than 4 months and earning steem cents from my posts. I did write about it 4 months ago in this post : Steemcoin is the virtual coin that can improve steemit and help minnows to grow.

Steemcoin is a virtual coin that will be only in our minds and posts. We will not have a website, we will not have a coin to sell, it will be not traded in the exchangers. We will have only 100 million coins divided between moderators and they can decide together who to reward and who deserves to take more. Our support to newcomers will be always available. We will keep distributing the coin and improving the idea.

Steemcoin will be a public coin and every distribution will be writen in steemit posts by the moderators. Moderators have to be patient because we will build something new and amazing on steemit platform. Steemcoin was created by @Clixmoney and you can join the chat here to discuss it : Steemcoin discord chat .

Proof of Moderation :

To be an owner of steemcoin you only have to write a post on steemit about our project with the tag #steemcoin and resteem this post. All the previous moderators have to accept your post to give you a part of steemcoins left. You have to come up with at least one useful idea for our community. When all steemcoins get distributed among moderators, they will distribute more to newcomers. We can decide anytime in the future to create more coins to distribute. But untill we distribute what we have, we will not create more.

Now we have 80 million steemcoins. 10 million was given to me @clixmoney because I am the creator of the idea and 10 million was given to @libertyranger because he is the first one who noticed the first post about the coin, despite being written 4 months ago. So we both will decide who to accept next in our new team.

Conclusion :

Steemcoin is a new project in steemit platform and it will be good to support by resteeming or upvoting or even commenting it because it's aimed to help the majority on steemit. We will always count all the propositions given by our commenters. Every idea can be improved and we will all improve our steemcoin to almost perfect coin. Steemit makes us better and steemcoin will help in that.