1. EverGreenCoin (as described on your facebook page) is an X15 algorithm PoW / PoS hybrid crypto currency. Are there many other coins that use this configuration? Why did you choose this particular hybrid?
EverGreenCoin (EGC) was literally designed from the ground up to be environmentally friendly. There are other coins that are X15 PoW / PoS hybrids, but few have the same structure of a foundation being funded by a small portion (2%) of the miners work and none have the same intent and exact same distribution and hence, coin supply.
X15 was used because at the time of creation it was not invaded by ASICs.ASICs are machines designed specifically for PoW mining that consume as much electricity as possible in an attempt to gain a disproportionately large amount of the distribution of coins. X15 ASICs are now readily available but fortunately were not before EverGreenCoin’s PoW phase had ended. Had the EverGreenCoin’s PoW phase lasted just a few weeks longer, people would have been able to mine EverGreenCoin with ASICs and that enormous consumption of electricity was avoided in EverGreenCoin’s name.
I am very glad to say these energy gobbling machines did not affect EverGreenCoin’s PoW which was my intent during the designing of the coin. I take great pride in the fact that my predictions made during design held true throughout. I will not deny luck was a factor, as I think no one can reliably predict with any precision rate of technological advance especially in an industry so volatile, profit driven, and by most players, greed motivated. Certainly not I, but I did this once.
Now that PoW has ended and generated the supply (~13 million EverGreenCoin), PoS takes over for processing and maintaining the blockchain. PoS consumes far less energy and is dependent on the number of coins held and the length of time they have been held, not how much electricity can be thrown (and I do mean that in the most wasteful usage of the word) at the network.
2. How many coins currently outstanding? What is your current market cap?
There are currently 13,261,976 EverGreenCoin in existence at the time of this writing. The majority, over 13 million, were generated in the first 6 months, during the PoW phase. Now and forever into the future, supply will never increase more than 7% annual. This 7% comes from people earning interest on their EverGreenCoin holdings through PoS. I do predict, given observations of people holding and collecting installments towards the 7% annual, overall the percentage will be below 5% which is much more favorable when you look at it from an inflationary perspective.
Current market capitalization at the time of this writing is $206,223 USD, however please be reminded that this industry is very turbulent in its current infancy. EverGreenCoin’s market cap has well exceeded 3 million USD in the past and as our ecosystem matures, I am certain we will see well beyond that in the near future.
3. What was your initial inspiration for EverGreenCoin and the EvergreenCoin Foundation? What’s in your background that propelled you into crypto currency?
My internal inspiration is very easy to see, I was born and raised a farmer. I still farm to this day and always will. That deep appreciation and respect for the gifts Mother Nature provides us with, along with a love for technology and economics, culminated into me making EverGreenCoin. Thanks to cryptocurrency and our spending of whatever store of value, we can and will repay Mother Earth for these gifts in lieu of corporations and governments attempts to only pillage her and flat-out rape her. We aim to give back what once was robbed.
4. Steven, you are the founder and lead developer of EverGreenCoin, and as far as I can tell the only member of the Foundation. Are there any other officers? Do you work with other developers? What kind of support and networking do you get from the EverGreenCoin community?
As of this time there are no other officers per se of the EverGreenCoin Foundation. But in time and as I structure a legal entity, there certainly will be. Bowman Thompson has been with me for several months and has clearly demonstrated his motive is not profit driven and shares the same passions and appreciation as I do. He undoubtedly will become the second and, in all respects beside legal, already is. His ambition motivates, reminds, and inspires me to continue my mission that is EverGreenCoin. I am honored to be at his shoulder in such a noble mission.
I work every day with developers around the globe. We help each other in every way possible. My self-determination, okay stubbornness, often prevents me from asking for help, but if a frustration becomes insurmountable, I have a handful of brilliant minds to tap. These also are people I am honored to work with and often refer to them as the Henry Fords of our emerging industry. Through time and much disappointment, I have found the ones that can be relied upon and share yet another passion, abolishing financial slavery of our current archaic banking and debt-based society.
The EverGreenCoin community is an amazing group of like-minded people and I have learned much from them. We communicate online through our website forums, Bitcointalk, Reddit, community meetings through Google Hangouts, and others.
In the 16 months EverGreenCoin has been alive, through all the ups and downs, it has become quite evident that we have an immense amount of respect for each other. It is due partly to the fact that our goals are bigger than ourselves.
5. How are you financing this endeavor? Do you currently have any outside investors? Are you actively seeking any funding?
I have always paid the bills to keep the ‘lights’ on out of my own pocket. Since Day One I have strived to communicate to others that I am not one of the many ‘scam devs’ in this industry and EverGreenCoin is no scam project. I am very proud to say that I have earned the trust of the community. The community has stepped up to the plate when we agree upon promotions, something I am endlessly grateful for.
We are actively seeking some funding through the crowdfunding on our new website. People can contribute with credit cards, Pay Pal, or off course hundreds of other cryptocurrencies. They can even contribute through a new feature in the EverGreenCoin software (aka wallet) that allows them to divert the interest they earn directly to one of these funds through a new feature called “Staking for Charity”. The latest version has just been released this past week, version 1.6. It has been built to include the staking for charity feature, a feature no other coin has and is truly custom to EverGreenCoin.
Gardens was the last branch created. Whenever there is sufficient community involvement, we form a new branch and that branch has all the resources of the EverGreenCoin Foundation and the other branches to support it and its initiatives.
Cannabis – How do you see EverGreenCoin being used in the cannabis industry? With so many states legalizing cannabis for medicinal and recreational use this is arguably one of the fastest growing industries in the country. How do you see EverGreenCoin distinguishing itself from other Cannabis coins?
That is simple. EverGreenCoin is not a cannabis coin. EverGreenCoin supports are environmental, plants included. There just so happened to be sufficient community involvement in the cannabis industry to make the EverGreenCoin Cannabis branch viable. We would do the same for any other plant, even if it was not the miracle marijuana is, so long as it had sufficient community involvement and a demand for concentration.
On our website we mention Hempcrete. This is a new technology with very favorable environmental consequences. In Australia the construction of the first hemp house has just been completed.
Renewables – One of the projects of your renewable division is a small computer unit, powered by the sun, that does nothing but stake coins. How is the development of this project coming along?
The EverGreenCoin Solar Staker development is progressing very nicely, especially considering we do not have big money backing the project. The EverGreenCoin Solar Stakers will come preloaded and, at time of order, you will be able to purchase additional EverGreenCoin at a discount thanks to the EverGreenCoin Foundation. Earn 7% interest, just add sunshine!
7. You have a number of crowd funding and donation opportunities on your website. How successful have these been? Any plans for new ones?
The EverGreenCoin community is very generous. Our first crowdfunding, raising about $500 for advertising, was very successful and we gained the needed donations in days. We have many crowdfundings going now and are trying to get other green organizations and/or charities to use the crowdfunding on our site. It is free for them to use as are the marketplace and directory. The crowdfunding on the website accepts credit cards, pay pal, and hundreds of cryptocurrencies as does the marketplace. I am currently working a new crowdfunding for the EGC Water branch to drill and build a water well in Bangladesh.
8. Do you have a timeline of development of what you hope to accomplish and when?
9. Any final thoughts?
I would like your readers to know EverGreenCoin is much more than a cryptocurrency. EverGreenCoin is an environmental project, soon to be a legal non-profit, that leverages cryptocurrency to accomplish its environmental goals. We are not doing this to make money or to make new money. We are doing this to make money work for our environment and make a new environment for our future. Making money will be a pleasant side effect.
Lastly, we are always looking for new hands and minds to join us. Please do so at EverGreenCoin.org. See you there!
About Evergreen Coin
EverGreenCoin (EGC) is designed from the ground up to not only to be an environmentally friendly currency but also to cultivate and nurture Environmental Green Causes. Economics meets our ecosystem.
BrainGuzzle is a web developer and full service public relations, digital marketing firm. Our own lit of sites include Stem Cell Directory, Solar Energy Directory, Pennyheaven.com, and School Garden Weekly. See website for more info: brainguzzle.com.
Mikros Systems Corporation (MKRS) announced today that it has received the first Delivery Order under its recent multi-year $35M contract with the Naval Surface Warfare Center in Crane, IN.
The order covers eleven new production deliveries of Mikros’ Adaptive Diagnostic Electronic Portable Testset (ADEPT) and is valued at $1.1M. The ADEPT units will be produced at the Mikros Manufacturing and Depot Center in Largo, FL and be delivered to the Navy later this year.
“We are excited and ready to ramp up the ADEPT production line here in Largo,” said Mark Laureigh, Mikros Director of Operations. “Having served in the U.S. Navy maintaining and operating an AN/SPY-1 radar system, I know full well the current value and future potential ADEPT brings to our sailors. We are proud for each opportunity we have to serve the men and women of our armed forces.”
The Mikros Systems Manufacturing and Depot Center in Largo, Florida was established in 2009 to manufacture and provide sustainment and logistics support for the ADEPT system. The center has produced and delivered over 200 systems to the U.S. Navy and provides continuing life-cycle support for the systems including, calibration, repair, and training.
For more information on Mikros Systems’ manufacturing capabilities, please visit the Mikros Systems website: http://www.mikrossystems.com.
By now you have heard of Bitcoin or know someone who has. Bitcoin began the year at $430; it is now around $610 after peaking at $783. How are your stocks doing?
For the uninitiated, Bitcoin, and other digital currencies (aka crypto currency or altcoins), is at its core simply a line of code, the transaction, residing on more lines of code, the Blockchain. The Blockchain is Internet-based and is responsible for enabling Bitcoin to function as a global exchange.
The initial killer benefits of trading crypto currency include: instantaneous transactions, nominal fees, no banks or third parties, and no government.
Bitcoin is a global currency. Sending Bitcoin to someone in another country is no more costly than spending it at the local pub.
Bitcoin was the first digital currency though certainly not the last.
CoinMarketCap lists over 300 alt coins that trade daily and over 700 total.
Today at sites like Bittrex.com and Poloniex.com you can now Bitcoin to trade many of these other cryptocurrencies. Dollars, Euros, etc. are currently not allowed. To “play” on these exchanges you need to turn your FIAT currency into Bitcoin and then transfer the Bitcoin to the specific exchange of your choice. In the US this means registering with a US-based exchange like Coinbase or Gemini.
Crypto Currencies are the New Penny Stocks
Like penny stocks this is very risky stuff. You could loose your entire investment under the following circumstances:
- The company goes bust or it was a scam to begin with;
- You’re hacked;
- You forgot the password to your digital wallet and did not back it up.
As with the trading of Penny Stocks many of the same rules apply:
- Don’t play with more you can afford to lose.
- Set your price with a limit order.
- Do your own due diligence
A certain technical expertise is required to participate. In the old days we would say if you can program your VCR you’re ok, today the equivalent is if you can trade stocks from your phone, you can figure this out.
Also as a final word of caution, like Penny Stocks, most are crap and you could lose considerable amounts quickly. Start small and learn how to transfer the different coins to you own digital wallet. Lastly, it is never wise to leave large amounts of currency on the exchanges (Mt Gox and Bitfinex are two lessons learned.)
The following are some useful links to get started:
Crypto-Currency Market Capitalizations (Top 100)
Crypto-Currency Due Diligence
AltCoin Discussion Forum
CryptoCompare (Forums, Coin Descriptions, Prices, Portfolios)
Top 10 Commandments of Trading Cryptocurrency
Top Digital Currencies by Market Cap as of 10/2/16
(According to CoinMarket Cap and coincap.io)
$100m and over
Bitcoin (BTC) – https://bitcoin.org/en/
Ethereum (ETH) – https://www.ethereum.org/
Ripple (XRP) – https://ripple.com/
LiteCoin (LTC) – https://litecoin.org/
Monero (XMR) – https://getmonero.org/home
EtheriumClassic (ETC) – https://ethereumclassic.github.io/
$10m and over
Dash (DASH) – https://www.dash.org/
Steem (STEEM) – https://steem.io/
NEM (XEM) – http://nem.io/
MaidSafeCoin (MAID) – http://maidsafe.net/
DigixDAO (DGD) – https://digix.io/
Dogecoin (DOGE) – http://dogecoin.com/
Lisk (LSK) – https://lisk.io/
Factom (FCT) – http://factom.org/
Waves (WAVES) – https://wavesplatform.com/
Stellar (XLM) – https://www.stellar.org/
Emercoin (EMC) – http://emercoin.com/
BitShares (BTS) – https://bitshares.org/
Synero (AMP) – http://www.synereo.com/
SingularDTV (SNGLS) – https://singulardtv.com/
Peerplays (PEERPLAYS) – http://www.peerplays.com/
Nxt (NXT) – https://nxt.org/
Counterparty (XCP) – http://counterparty.io/
$5m and over
Bytecoin (BCN) – https://bytecoin.org/
Siacoin (SC) – http://sia.tech/
ShadowCash (SDC) – https://shadowproject.io/en
Storjcoin X (SJCX) – http://storj.io/
Peercoin (PPC) – https://www.peercoin.net/
Tether (USDT) – https://tether.to/
GameCredits (GAME) – https://onlinegames.credit/
Bitcrystals (BCY) – http://bitcrystals.com/
Agora Tokens (AGRS) – http://www.idni.org/
I/O Coin IOC – http://iocoin.io/
YbCoin (YBC) – http://www.ybcoin.com/
There are 34 total coins with market caps over $5m. Those under $5m total around 450.
Top Exchanges to Trade Altcoins
Bittrex.com Based in U.S.
Bleutrade.com Based in Brazil
C-Cex.com Based in Germany
Kraken.com Based in U.S.
Poloniex.com Based in U.S.
Yobit.net English Russian and Chinese Translation (Russian business, Registered in Panama, Using server in San Francisco)
~ Achieved record quarterly revenue of $8.9 million
~ Gross margin expanded 5.5 points to 23.9% of sales
~ Operating leverage drove operating income growth to $1.2 million
~ Net income of $1.1 million increased $1.8 million over a net loss in prior-year period
~ Raised third quarter 2016 revenue guidance to over $9.0 million
~ Uplist to OTCQB Venture Market scheduled for August 22, 2016
DEERFIELD BEACH, FL, August 15, 2016 – Capstone Companies, Inc. (OTC: CAPC, CAPCD) (“Capstone” or the “Company”), a designer of innovative LED lighting solutions including power failure lighting, today reported its financial results for the second quarter 2016.
Stewart Wallach, Capstone’s CEO, commented, “Our strong results for the quarter, with record revenue and solid profitability, reflect the great execution of our growth strategy by the Capstone team. Momentum continues to build with a growing number of consumers purchasing and enjoying our products at record levels. The holiday shopping season is our strongest period in the year, and we are expecting third quarter revenue to meet or exceed what we reported today for the second quarter.
MONTREAL, QC–(Marketwired – July 07, 2016) – Siyata Mobile Inc. (the “Company” or “Siyata”) (TSX VENTURE: SIM) (OTC PINK: SIMFF) is pleased to announce that its recently acquired subsidiary Signifi Mobile and its portfolio of Uniden® cellular boosters posted ~$450,000 top line revenue in June 2016, representing a ~29% increase in sales over May 2016.
The increase in sales resulted from a combination of online marketing efforts, joint promotions with national retailers, and growing custom installation contracts with commercial clients.
Marc Seelenfreund, CEO of Siyata, states, “We are very pleased with the immediate results of our online marketing and joint campaigns with national retailers. It is very clear that when consumers are shown a cost-effective solution for poor cellular coverage, they become buyers of our boosters. Being fully capitalized allows us to expand and grow our revenue very methodically through increased marketing efforts.”