THE INVESTOR'S CRYPTO
Exceptionally Rare | Interest Bearing
PoW/PoS Hybrid Security
Speed | Stability
Released in late June 2013, CGB was designed primarily with the investor in mind. With its accelerated mining period, and fast declining inflation, CGB is now entering it’s final stage as an interest bearing, low inflation, cryptographic virtual commodity.
The mining period began with a reward of 10 CGB per block and has been halving around every 30 days, until a baseline reward of 0.01 CGB per block is reached, where it will remain forever. This baseline reward will contribute only 0.5% annually to the overall inflation.
Up to 1.5% of the remaining inflation will be rewarded to the most prudent holders of CGB. To qualify for interest an investor must keep their funds unspent in their wallets for a minimum of 30 days (for 1.2% interest), and up to a maximum of 90 days (1.5% interest).
With the baseline mining reward expected to be reached within 1 year of release, and the annual inflation target of 2% fast approaching, there is no better time for the serious investor to get involved and claim a stake in this unique virtual commodity.
• Proof of Work/Proof of Stake Hybrid
• Linear difficulty retarget (every 2 blocks)
• 5 Confirms
• 60 Second block time
• 10 Bullion per block (1st 55k blocks)
• 1.5% Annual PoS Interest
• Subsidy halving after every 50k blocks until reward of 0.01 is reached were it will remain in perpetuity
• ~1,000,000 Cryptogenic Bullion cap with 0.5% annual PoW inflation
As investors, we must be willing to adapt when the game changes, or we risk being the last one holding the bag. Global debt levels are nearing the explosive end of a parabolic rise. Most of the problems that lead to the market crash in December of 2007 have become much worse. Evidence that interest rates, gold, commodities and other markets are being manipulated by the central banks has emerged leaving many investors struggling to tell truth from distortion. In this kind of a market it is very important to consider storing your wealth amongst a diverse range of assets. Not only does Cryptogenic Bullion emulate the properties of gold, a classic safe-haven asset, but it also represents a part of the movement towards a more fair and honest system of money.
One thing that will strike the new investor is the sheer number of different crypto-currencies to choose from. The market is still new, and most of these have not been created with sound economic and social fundamentals. When we step back and look at the whole picture, we see a rivalry between miners, who complete difficult calculations to generate new coins, and investors, who are buying coins on the market based on perceived potential. A third unseen player in the market is the scammer. Since there is real capital involved, and due to the anonymous nature of crypto-currencies and the internet itself, these people are known to coordinate pump-n-dump scams and will even create new digital currencies just for this purpose. It is important, as investors, that we conduct our due diligence before allocating capital to ensure that we are both on the right side of a trade, and that we are supporting only those projects which deserve the capital.
Capital flows can be understood when we realize that there are many different reasons to hold a crypto-currency. They can be held to spend, held to save, held to invest, and used to move funds from one person, place, or market to another. It is important to know this, because predicting changes in demand is how an investor can generate a return. Cryptogenic Bullion functions well for saving because of its low inflation rate, and the interest that can be earned by holding it. The value of Cryptogenic Bullion is not determined by how many markets it can directly trade to, nor by how many businesses and individuals will accept and hold it for spending, but from its fundamentals which allow it to serve as a more stable store of wealth.
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