1000 Max supply.
200 to be airdropped between UFMM holders (just before launch).
50 to be airdropped for staking Archon (1 week after launch).
750 to be sold in pre-sale.
Staking Not Required (for now)
Mining Reward Pool - 270 Archon / Day.
Mining Reward - 0.4 Archon.
20 random miners "mine" reward every hour.
Every miner gets a small end of day reward from mining pool.
The problem with (and solution to) Lottery Mining.
The largest problem with Engine style lottery mining is that owning a few miners will very rarely get a reward within a day. This makes the buyer feel as though they wasted their money. Yes the buyer gets their share over time, but it feels like they never get a reward.
Having a low supply of miners fixes this problem. With only 1000 miners available and 20 miners getting selected per hour for a reward, this leaves 1 miner a 48% chance of mining a reward per day.
To further this, the remainder of the mining pool is split between all miners each day. This guaranteed mining reward combined with lottery mining makes Archon Miner one of the most unique miners available on the market today.
Mining Funds
These funds will be used to initially set-up / maintain the tribe through HE, then the remainder will be powered up to provide income over time for dividends, pay for server hosting and to provide other benefits to Archon token holders.
Tribe Setup
Right now we sold about 60 HIVE worth of Archon, most of it to myself (@taskmanager), That allowed creation of the mining token.
You can find more details about the proposed plans here
You can visit us on our Discord here
bought one, let's see where this is going :)
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The total supply is promising. I need to get some UFMM. Have you moved UFM to hive or i should get it on Steem-Engine?
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