Le Lézard
Classified in: Business
Subject: PDT

Kashcoin, a Brand New Bitcoin Alternative for the Music Industry Goes Live This Week

ST MAARTEN, Netherlands Antilles, Sept. 3, 2016 /PRNewswire/ -- Kashcoin is announcing the launch of their Music industry focused cryptocurrency. The currency will be available for trading on multiple cryptocurrency exchanges starting this week.

Logo - http://photos.prnewswire.com/prnh/20160903/404016LOGO

Kashcoin, represented by the symbol KASH is a cryptocurrency created by those in music for the very industry they represent. It can be used widely across the segment by bands, in music concerts and festivals, to buy records, clothing and merchandise. As supporters of the Music industry, Kashcoin users will be eligible for special deals and VIP perks which are otherwise not accessible to regular people.

Kashcoin is the creation of Leor Dimant aka DJ Lethal who has been part of multi-platinum groups ? Limp Bizkit and House of Pain along with Justin Lally as a partner. The motivation behind Kashcoin is to introduce music lovers to digital currency. In addition, the most attractive features of Kashcoin are the exclusive perks and discounts the platform intends to offer music lovers, something which isn't otherwise available.

"The focus is on merchant adoption. Rather than just asking merchants to use Kashcoin, we are working to provide them with the tools to make this happen. If we do most of the hard work, merchants will be able to easily integrate Kashcoins into their existing payment solutions. We are asking merchants to tell us what they need and then respond to that with our development."

? says Justin Lally about the immediate future plans for Kashcoin.

The main goal of planned Kashcoin marketplace for music records and merchandise is to encourage mainstream adoption of the cryptocurrency. Kashcoin doesn't intend to compete with Bitcoin and mainstream adoption of Kashcoin is just a relative term with reference to Bitcoin. Kashcoin is created for a niche and intends to cater to the segment satisfactorily before considering expansion to other segments.

Kashcoin wallets are being made available for all major operating systems and devices. The platform also announces the availability of premining for miners.

Kashcoin Specifications

? Premining
? Proofs: Network-Stake (PoS) ? Anonymous Burn Destroy (PoBA)
? Min Stake Time of 1 hour, Max Stake Time of 8 hours
? PoW ended at Block 100.000, Mined 1,200,000 KASH
? Minimum Transaction Fee: 0.01 KORE
? RPC Port: 28555, P2Port: 28556
? Confirmations: 10, Maturity: 30

About Kashcoin

Kashcoin is a new cryptocurrency for the music industry created by DJ Lethal of Limp Bizkit and House of Pain fame along with Justin Lally. It intends to encourage a digital currency culture among music lovers, producers and artists.

Know more about Kashcoin at ? https://www.kashcoin.net

Download Kashcoin wallet at ? https://www.kashcoin.net/downloads

Media Contact

Name: Justin Lally

Organization: Kash Coin LLC

Email: kashcoins@gmail.com

Kash Coin LLC is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only.

Related Links

Bitcoin PR Buzz

Kash Coin

This content was issued through the press release distribution service at Newswire.com. For more info visit: http://www.newswire.com


These press releases may also interest you

at 03:24
Cellect Biotechnology Ltd. is developing a technological platform, the "ApoGraft", which functionally selects stem cells from a mixed population of cells based on their sensitivity to apoptosis. The first product under development is the ApoTainertm...

at 03:08
On August 18, 2018, Dato' Sri Prof. Ng, Tat-yung, member of International Steering Committee of the United Nations' High-Level International Conference on International Decade for Action "Water for Sustainable Development" 2018-2028, Father of...

at 03:05
Important events January-June 2018 NeuroVive out-licenses targeted LHON therapy to BridgeBio Pharma's new subsidiary Fortify Therapeutics. The agreement has a total potential value of approximately $60 million USD including any royalties. NeuroVive...

at 03:01
Only 16 percent of employers are "very confident" that their employees will be able to achieve a financially secure retirement, according to a study released today, Striking Similarities and Disconcerting Disconnects: Employers, Workers, and...

at 03:00
Royal DSM, a global science-based company active in Nutrition, Health and Sustainable Living, has repurchased 215,656 of its own shares in the period from 13 August 2018 up to and including 17 August 2018 at an average price of ?89.80. This is in...

at 03:00
UAE based ADAB Solutions company is launching the First Islamic Crypto Exchange (FICE), which is very unique, as it is the only Shariah compliant crypto exchange at this moment.      (Logo:...

News published on 3 september 2016 at 20:26 and distributed by: