Below please find a press release that we want to send to media and crypto-coin sites and blogs.
If you have any comments, now's the time MemoryCoin the Charitable CryptoCurrency
By MemoryCoin User
January 08, 2014Los Angeles, CA
– The MemoryCoin community
announced today that any charitable organization that wishes to become MemoryCoin's Official Charity, can publicly declare itself a candidate to receive a 1% donation of all coins mined; as of today this amount of MemoryCoins translates in to about a few hundred dollars a day.
Like other cryptocurrencies MemoryCoin promises to empower the economically and financially marginalized, allowing individuals to participate in the internet economy even when they live in countries where credit card companies and PayPal refuse to operate. Individuals can store and transfer wealth with just a memorized pass phrase.
Cryptocurrencies like bitcoin received a lot of media attention last year after many early adopters became millionaires, but with the creation of new, faster and specialized chips, mining these other cryptocurrencies are no longer accessible to the average user. MemoryCoin is different said one MemoryCoin userAbout MemoryCoinCommunity members
claim that MemoryCoin decentralizes currency mining. While Bitcoin mining requires the use of expensive, specialized hardware, MemoryCoins are efficiently mined on ordinary computer hardware like PCs and laptops. Anyone can download a program and start mining MemoryCoins.
Decentralized mining is said to ensure:
• a wider and fairer distribution of the currency
• easier to obtain – anyone with a computer can do it
• participation for the economically marginalized – individuals don’t require an account with a bank or exchange – anyone can mine new coins with a PC by consuming electricityMemoryCoin GrantsA member of the MemoryCoin support team
said that the programmers built MemoryCoin With charity in mind integrating a special sequence in to the cryptocurrencies algorithm than ensures that 1% of all newly mined coins are earmarked for charity, these charities are voted for by MemoryCoin holders.
The destination of another 5% of all newly mined coins are also voted for by MemoryCoin holders, these coins are used to finance the MemoryCoin infrastructure, and other tasks including marketing, programing, and support thus ensuring the growth of the MemoryCoin ecosystem.Contact
To learn more about MemoryCoin, please contactMemoryCoin User
123 4th st Los Angeles CA, 90000
Office: (555) 123-4567
Fax: (555) 987-6543[email protected]