About Nacho Coin
Vision
Although the online fantasy sports industry is growing significantly each year, the chances of winning and the costs involved are taking a toll for players due to little competition in a saturated market. Fantasy sports platforms make most of their revenues through high entry fees, high rake fees and high withdrawal fees. In addition, they also reduce players chances of winning as they compete against computers that are programmed to perform the betting tasks more efficiently than humans do. Overall, Nacho Coin has realized a gap in the fantasy sports market and have capitalized on this through the application of a blockchain technology that is far more reasonable to the players and the fantasy sport community.
Complicated Verification Procedures
Players on FanDuel™ and DraftKings™ are required to submit to tedious verification procedures in order to deposit or withdraw their funds. DraftKings™ requires users to supply a government issued ID, proof of residence, and “more information if deemed necessary.” FanDuel™ requires their members to provide their social security number before withdrawing winnings 7. These issues are inherent in platforms that use fiat for gameplay.
Please note, the betting site is not currently ready but we hope to have a working demo done within a few weeks time. We will make sure to update the post once it is up (as well as all our social media pages and website).
Our main website [Suspicious link removed] is up and running as well as our mining pool, our social media pages, we have a handful of Masternodes currently up as well. Its a great time to get into a growing community and help shape the future of the project. As a side note, we are always looking for those who are interested in support the project to reach out.
Nacho Coin Stats
Algorithm X11
Block type Proof-of-Work
Coin name NachoCoin
Coin abbreviation NACHO
Address letter 1
Coin unit Nach
RPC port 7825
P2P port 7826
Block reward 50 coins
Block halving 200000 blocks
Coin supply 20000000 coins
Masternode Stats
Masternode reward 50%
Masternode amount 1000 coins
Masternode confirmations 15
Coinbase maturity 20 blocks
Target spacing 5 minutes
Target timespan 10 minutes
Transaction confirmations 6 blocks
Social Media
Twitter https://twitter.com/X11Nacho
Discord https://discord.gg/Q62s6se
Telegram https://t.me/nachocoin
Exchange
unnamed.exchange https://www.unnamed.exchange/MarketInfo/Coin/NACHO
Qbtc https://www.qbtc.ink/trade?symbol=NACHO_CNYT
Mining Pools
EasyMine https://nachocoin.easymine.online/
Block Explorer
http://192.3.70.112:3001/