https://poswallet.com is an online staking wallet serving up more than 100 of the most common PoS altcoins, along with block explorers and faucets for each coin. The fees to withdraw coins are extremely small for users - because most of our revenue is generated via a flat fee on staking plus initial coin listing fees paid by developers. Nearly 100,000,000 altcoins have been staked and distributed to user accounts over the past 14 months.
PoSW has launched and all profits are paid to PoSW holders in the form of PoSW dividends. We cover the hosting/server/business costs with all extra profits returned to PoSW coin holders, in a transparent fashion. Proceeds from the coin pre-sale will pay for the development of new features, server upgrades and additions, and other business expenses that will make https://poswallet.com a one-stop-shop altcoin portal.
The goal of the PoSW coin is to maximize investor ROI by driving increased revenue through poswallet.com - rolling out new features, top notch customer service, and a crack marketing team will help drive to this goal.
The dividend schedule is one of the main benefits of owning PoSW coins. Dividends will be paid out at the beginning of each month - these are in addition to the coins earned via the 1% stake rate. As described below, the total coin count will be kept at 70kk by burning coins from the dev address to balance the 1% proof of stake earnings by the users. Dividends will be sent to all addresses holding coins based on the earnings at poswallet.com for the previous month (plus any extra bonuses for said month). The dev PoSW address will not earn any dividends, further enhancing the user-purchased PoSW dividend ROI.
Dividends will be calculated (on a per address basis) by the formula: (address balance) / [(total money supply) - (dev address holdings)]. PoSW dev addresses will never earn dividends or stake after the coin launch. PoSW dev addresses will be identified publicly at launch.
The PoSW pre-sale has finished!
The PoSW pre-sale will run until midnight on January 1, 2017. Pricing for the pre-sale is as follows:
Before 12/01/2016: 0.000001 BTC/PoSW
Before 12/14/2016: 0.000002 BTC/PoSW
Before 01/01/2017: 0.000004 BTC/PoSW
Your PoSW balance will be updated to reflect any purchases after the BTC transaction has been confirmed 10 times.
A total number of 40,000,000 PoSW was sold during the PoSW pre-sale. This ICO sale helped maintain price stability as well as to raise only the funds needed to expand poswallet.com and drive month over month revenue. Any coins not sold during the pre-sale will be held in the developers address for future organized coin sales, bounties, and faucet rewards. No coins will be dumped by the developers onto exchanges at any time.
The following pre-sale bonuses were applied during the pre-sale and depended on the number of PoSW purchased by a user. Bonuses were applied on 1/1/2017.
- 100,000 PoSW - Bonus 5,000 PoSW free
- 250,000 PoSW - Beta test all future new features on poswallet.com
- 500,000 PoSW - Bonus 50,000 PoSW free
- 1,000,000 PoSW - 1oz 0.999 silver bar with PoSW address engraved
- 5,000,000 PoSW - Bonus 250,000 PoSW + 8 x 1oz 0.999 silver bar with PoSW address engraved
The initial market supply of PoSW was capped at 250,000,000. We decided to reduce the final supply by burning coins from the developers address. These will be burned at the beginning of each month when the dividends are distributed. The final supply will be only 70,000,000 POSW.
All coins were pre-mined to control the coin supply and maintain price stability reflective of https://poswallet.com revenue and dividend growth.
We have a dozen or so major features we plan on adding to https://poswallet.com to increase revenue growth over the next 6 months. As these features are closer to implementation and beta testing, we will announce them in this thread. For a teaser - We plan on expanding to serve > 300 altcoins, adding long term deposits, as well as adding masternode staking!! More info soon!
- Abbreviation - PoSW
- Algorithm - Scrypt (PoW/PoS)
- Max Coin Supply - 70,000,000
- Coin Maturity - 20 blocks
- Stake Rate - 1%/year
- Target Spacing - 64s
- Confirm Count - 10
- Min Stake Age - 8hrs
- Max Stake Age - none
You can now buy either a bronze, silver, gold, or a platinum membership for PoSW here https://poswallet.com/membership/. If you buy 10 months of a membership you get 2 months free! Each different membership has different benefits that you receive, including a higher stake rate, deposit commissions from referrals, and free monthly advertisements on PoSW.
The PoSW exchange is LIVE!!
https://poswallet.com/exchange/ All coins listed on PoSW will receive a PoSW pairing and coins with a big community and a big market cap will receive a BTC paring as well.
Other than on our exchange site, you can buy PoSW at the following.
Each user that purchases >= 1,000,000 PoSW during the pre-sale will receive a custom 1oz 0.999 silver bar with their PoSW address engraved. You will be able to buy these in a couple of weeks if you missed out on the chance to get them during the presale!
If you have not received your silver bars let us know. We had a problem with the manufacture and some of the bars were not up to standard, that is why there is a delay. We are still in the process of sending them.
Example engraved 1oz silver bar shown below.
Windows and Linux wallets are now available!
This list will be updated as more links come online.
Follow us on Twitter - https://twitter.com/POSWallet
PoSWallet.com - https://poswallet.com
PoSW Coin Information page - https://poswallet.com/posw.php
PoSW Login - https://poswallet.com/login.php
PoSW Signup - https://poswallet.com/signup.php
PoSW Team - https://poswallet.com/POSW/
PoSWallet.com Faucets - https://poswallet.com/faucet.php
Join us on Slack - https://poswallet.signup.team/
Follow us on Facebook- https://www.facebook.com/POSWalletOfficial/
Translations will be added here as they are completed.
Spanish - soloasi - https://bitcointalk.org/index.php?topic=1695478
Portuguese - Raxitto
Russian - knobson - https://bitcointalk.org/index.php?topic=1701474.new#new
Hindi - btvGainer - https://bitcointalk.org/index.php?topic=1701998
Indonesion - kamvreto - https://bitcointalk.org/index.php?topic=1701205
Turkish - torikan - https://bitcointalk.org/index.php?topic=1700498.0
French - hermesesus - https://bitcointalk.org/index.php?topic=1701671.0
German - FatCoin45 - https://bitcointalk.org/index.php?topic=1711976.0
If you want to help support https://poswallet.com and the PoSW token but do not want to purchase PoSW tokens, please send BTC to 1bcQwukT3Fg8eZqgm9LMBQ8dLsuMkqU46.