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Chaincoin explained - It was developed in 2011 by some of the original bitcoin developers.
It uses centralized masternode blockchain similar to dash.
Development was slow from 2013-2017
First cryptocurrency to use C11 algorithm which is very similar to x11. Allows for gpu, cpu mining and is resistance asic so everyone can mine it Need to acululate 1000 coins to become a masternode like dash.
Youtuber highoncoins started a website and launched a bunch of videos on youtube promoting pump and hold gorilla marketing campaign.
Social media and youtube campaign is being launched.
People who missed out on dash are very keen to jump on board with this project because after you accumulate 1000 coins you can become a masternode which is a little bit like owning a bank.
Some people are calling it a pyramid scheme.
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