NeuCoin (NEU) Overview
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NeuCoin is a Proof-of-Stake altcoin that has US$2.25 million of pre-sale funding from sales of 2.5 billion pre-mine coin. It has a total supply of 3 billion NeuCoin and the supply is projected to grow to 100 billion over the course of 10 years through PoS staking rewards. PoS rewards are set at 100% per year initially and will decline over 10 years to a rate of 6% per year. To make mining easy for mainstream consumers, in the MyNeuCoin online wallet, there is a feature for users to transfer coins to “growth accounts” for a specific amount of time, ranging from 3 months up to 5 years.
NeuCoin aims to achieve mainstream consumer adoption via games, microtransactions and social media. To learn more about NeuCoin, you may read this article here.