SpyritCoin is a deflationary utility coin built on the Polygon network established with two economical protocols; Reoccurring Tax Back to Investors, and Liquidity Acquisition. The SpyritCoin Network will have many of the same characteristics of Bitcoin and other cryptocurrency networks in addition to the cryptographic aspects that make it unique.
This includes the whitepaper and detailing important differences.
SpyritCoin is a deflationary utility coin built on the Polygon network established with two economical protocols; Reoccurring Tax Back to Investors and Liquidity Acquisition. Its’ local network helps investors develop a strong community, as well as obtain support in case of problems as it features a community forum.
SpyritCoin is a new cryptocurrency developed on the Polygon blockchain network. Designed with two solid economic protocols; Reoccurring Tax Back to Investors, and Liquidity Acquisition, SpyritCoin is a utility token with a rich supply model. The Spyrit Foundation allows our community to make new recommendations for fund allocation, offering complete transparency for the community.
We're delighted to unveil SpyritCoin, the world's first new altcoin in nearly three years. SpyritCoin is a proprietary utility token built upon the Polygon network with two economic protocols, Reoccurring Tax Back to Investors (with 80 percent of mining fees going back to token holders), and Liquidity Acquisition (through a buy-back program of 104 million coins at a rate of 0.01 ETH per coin) (through a buy-back program of 104 million coins at a rate of 0.01 ETH per coin).
The Polygon network is a spinoff of the Ethereum network that enables for near immediate transactions and more extensive programming features not present in Ethereum such as contracting systems.
SpyritCoin is a deflationary utility token and new altcoin developed on the Polygon network. It is a hybrid concept that allows for investors to benefit from an internal creative dynamic exchange rate and a unique tax-back structure.
Together, these protocols are designed to help stabilize and grow the value of SpyritCoin, while enabling a new use case for digital currencies.
SpyritCoin is designed to incentivise the project's sponsors and users by giving periodic tax income to investors and Liquidity Acquisition to SpyritMarket participants.
SpyritCoin (SPYC) is a new altcoin being created on the Polygon network. The project is currently in Alpha phases, but is slated to go into Beta development soon. SpyritCoin will also have its own unique features that have never been seen in any digital money before.
Not only is SpyritCoin the first coin to employ Polygon technology, it features the best functionalities a coin can offer; Stealth transaction technology allowing for Private transactions and a unique blend of multiple consensus techniques. They have no premine, ICO, or other unjust distribution methodology.
All currencies are fairly mined by any anyone with a CPU or GPU, in a manner similar to Bitcoin, Litecoin and Ethereum.
We invented SpyritCoin (SPY) as a utility token that supports and streamlines the transactions of both HyperVerse and Polygon software. Supply and demand defines its worth, supply will be limited while demand grows. Anyone can earn SpyritCoin by using the software that employs SPY to do so.
Spyrit is putting out the next-gen infrastructure for Polygon and will be holding an ICO soon. Interested in being a part of our journey? Stay tuned for further information here.
SpyritCoin is a utility token that has a total supply of 200 Million tokens, the ICO will have a 60 percent of the total supply. SpyritCoin will only go live on exchanges once we have at least 500M market cap on our first exchange for example Binance; thus we can avoid early pumps and dumps.
For more information :
Website : https://spyritcoin.io/
Whitepaper : https://github.com/spyritcoin/SPYRIT-Paper/blob/main/SPYRIT%20PAPER.pdf
Twitter : https://twitter.com/spyritcoin
Telegram : https://t.me/spyritcoin
GitHub : https://github.com/spyritcoin
DisCord : https://discord.com/invite/xzyeMr3Rbb
Author
UserName : Alina Tych0noff
Profile BTT : https://bitcointalk.org/index.php?action=profile;u=3403724
Wallet : 0x1744F8EcA0D64BD494e71b2903C668D7Ea134139