Titcoin has just entered the market. It is a SHA-256 based coin with a little bit of a “porny” vibe to it. Just watch the video!
E-mail: http://titcoin [at] prurient.com
Twitter: @OfficialTitcoin – https://twitter.com/OfficialTitcoin
Yes… another Bitcoin clone, but one with a purpose. Titcoin was developed to specifically cater to the adult entertainment industry. We realize Titcoin was an idea loosely spawned many months ago by various individuals in the public forum. We’ve simply taken this idea to the next level and created the official Titcoin wallet for mining and currency exchange purposes.
We are a group that consists of financial services, technology and marketing professionals. We’re excited (as you are) in the prospect of an open exchange currency untethered by government regulation and high cross-currency transaction fees. One of the biggest hurdles facing cryptocurrencies (including Bitcoin) is demonstrating real value outside of speculation and future adoption. Our aim is to create value in the currency before Titcoin is even released to the public. This involves generating support within a specific industry (the adult entertainment industry in this case) which in turn creates the demand for Titcoins… which in turn creates value. The following article best captures this philosophy:
In order to realize the goals of Titcoin, there is one critical group of participants that is needed.
Businesses in the Adult Entertainment Industry
We are seeking owners and operaters of adult-oriented entities including website owners, adult novelty stores and transaction processing companies. As an incentive for promising to support Titcoin as a method of payment, these businesses will receive a mutually agreed amount of pre-mined coins (see below).
To inquire about joining the Titcoin launch, please contact: titcoin [at] prurient.com
We strongly believe that once we secure members in the above group, the value of Titcoin will be established well before it is officially released to the public.
No exact launch timeline has been established while we first secure support from members in the adult entertainment industry. If all goes well, we can expect an official launch within the March 2014 timeframe. As we eventually secure a solid group of participating adult-oriented entities, the pre-mine and launch rollout will be as follows:
Stage 1: One week to secure pre-mine target (see below)
Stage 2: One week exclusive launch to members of the cryptocurrency community (that’s you)
Stage 3: Official public launch via paid advertising, social media campaigns and launch events
Note: The pre-mine target will be no more than 0.75% of total coins issued.
A currency launch is only the beginning of the process. Our plan for the future is to move forward with a major marketing campaign to raise awareness and adoption of Titcoin.
titcoin [at] prurient.com
Block Reward: 69 coins
Block Time: 5 minutes (300 seconds)
Total Coins: 69,000,000
Retarget: Every 2016 blocks
Halving Interval: 500,000 blocks