June 4, 2018 . 4 min read
A zero-fee, high throughput, and decentralized cryptocurrency with a Governance of checks and balances.
1/ Storecoin is a new public blockchain with high-throughput, true decentralization, and zero transaction fees. The project has eyes on taking on VISA with a faster, zero-fee, programmable, p2p payment system. If Ripple is taking on SWIFT, Storecoin is taking on ACH payments.— Storecoin (@storecoin) June 2, 2018
2/ Storecoin's native currency, STORE, uses a sustainable inflationary monetary policy to achieve zero-fee transaction fees for merchants, developers, and end users.— Storecoin (@storecoin) June 2, 2018
3/ Inflation is dynamically pegged to the number of tokens staked by dWorkers, who are in turn rewarded for contributing resources to the protocol's validation, governance, security, and scalability mechanisms.— Storecoin (@storecoin) June 2, 2018
4/ The rate of inflation grows proportionally to the growth of total value staked, reaching a hard cap at 51% of total supply staked: at this limit, annual token inflation flatlines at 4%.— Storecoin (@storecoin) June 2, 2018
5/ @Storecoin strives to take the Web 3.0 ethos one step further, leveraging a unique on-chain governance model inspired by the U.S. Constitution's checks and balances system.— Storecoin (@storecoin) June 2, 2018
6/ This additional layer of trust and enforceability provides Storecoin with the necessary security and censorship resistance required to attract Fortune 500 companies to its zero-fee, p2p, programmable payments platform.— Storecoin (@storecoin) June 2, 2018
KYC/AML checks are required for securities law compliance. This will be a Reg D and Reg S global offering.
Nothing herein is intended to be an offer to sell or solicitation of offer to buy, Storecoin tokens or rights to receive Storecoin tokens in the future. In the event that Storecoin conducts an offering of Storecoin tokens (or rights to receive Storecoin tokens in the future), Storecoin will do so in compliance with all applicable laws which may include the Securities Act of 1933 and the rules and regulations promulgated thereunder, as well as applicable state and foreign law. Any offering for sale to US Persons in a regulated transaction will be pursuant to a registration statement qualified by the Securities and Exchange Commission, or an applicable exemption from the registration requirements.