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Digcoin (DIG)

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DIGCoin (DIG) was created to fund Digital Excavators™ cloud mining company.

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Overview

Project industryMining
Product typeCryptocurrency
FoundedBahamas
WhitepaperDigcoin White Paper Open

What is Digcoin

In the early days of crypto mining, there were a few thousand miners whose carbon footprint was minimal as energy requirements were very low. 

We now live in a world where cryptocurrencies have exploded causing a drastic increase in energy consumption in countries where electricity is produced using fossil fuels. We are also now challenged with the fact that most of the mining power resides with a couple of large corporations having total control over protocol changes and hard forks are being driven by these individuals who benefit most.

Digcoin will liberate this imbalance and will bring about an impartial harmony to crypto mining. With Digcoin and the proceeds raised in this ICO, we will launch a new cloud mining company called Digital Excavators™ where we will offer a substantial discount on cloud mining contracts purchased with Digcoin. Phase two of the project will involve incentivizing other market leading cloud mining companies to accept Digcoin as a method of payment at a discounted rate in order to compete with the discounts provided by Digital Excavators™. Digcoin will usher-in a new generation of cloud mining customers engaging in crypto mining. As more join, the competition will become more and more balanced and the world’s mining power will become more distributed.

The acceptance of Digcoin will help to further strengthen blockchain technology and the mining industry globally. Through Digcoin, we can help to turn the clock back on the impacts of irresponsible power consumption while also providing our coin holders with significant monetary gains.

The solution Digcoin provides has all the necessary advantages to help promote the decentralized nature that cryptocurrency was intended to provide and will unite the globe as the people once again embrace competitive mining.

Digcoin Vision

Our vision is to create a mining revolution for the people and the future of every blockchain transaction to ensure the stability and longevity of blockchain technology. The revolution starts with Digcoin.

Mining and blockchain transactions are symbiotic. Ideally, there would always be the perfect balance of miners to blockchain transactions. To provide timely confirmations, there needs to be enough mining hash power to assist with validating transactions. Mass adoption of crypto currency has significantly hindered the speed at which blocks can be mined resulting in:

  • Lengthy delays for transaction confirmation
  • Lack of cryptocurrency payment adoption by major vendors
  • Coin market price volatility
  • While anyone has the ability to mine, mining isn’t cost effective for everyone and there are many that do not have the technical skill-set nor the necessary power capacity to setup and maintain a successful mining environment.

    There are very few mining products built by a select few companies that are available for purchase. These companies charge substantial markup on their products making it unaffordable for most crypto investors. Existing cloud mining companies overcharge for hash power while hording a large portion hindering the rate of expansion. We have reached a point in crypto currency that we need to cut costs and simplify the process in order to make mining more appealing to the masses. The advent of Digcoin will help promote the decentralization and competition needed for:

  • high network performance
  • lower hardware costs
  • global participation
  • future stability
  • Crypto currency was built on the idea of decentralization. Digcoin was developed by a group of small farm miners who have suffered through the instability of the market and would like to return mining to the people so that we can stabilize the infrastructure ensuring the future of the blockchain

    Details

    Pre-sales: Feb 24, 2018 - Mar 03, 2018
    Public sales: Mar 03, 2018 - Apr 14, 2018
    Pre-sale token supply: 2,000,000
    Token supply: 70,000,000 DIG
    Total tokens for sale: 35,000,000 DIG

    Legal

    Blockchain Platform: Ethereum
    Country limitations: USA
    Registration country: Bahamas

    Token info

    Ticker: DIG
    Type: Utility-token
    Token standard: ERC-20
    Token price in USD: Pre-ICO: 1 DIG = 0.25 USD
    ICO: 1 DIG = 0.50 U
    Accepted currencies: BTC, ETH
    Bonus program:
    First 48 Hours  - 20%
    Token distribution:
    50% Token Sale
    20% Development
    14,3% Mining Rewards
    14,3% Staking Rewards
    1,4% Bounty Rewards
    Funds allocation:
    80% - used to cover the following expenses for the build-out Digital Excavators™ cloud mining company
    20% - used for future growth and expansion of DIG Coin

    Digcoin Roadmap

    1
    JUNE 2017

    Project Team Developed.

    2
    NOVEMBER 2017

    Project Research, Roadmap Conception, and Scope Definition

    3
    DECEMBER 2017

    Developed White Paper with Project Team

    Digital Excavators™ business registration completed

    4
    JANUARY 2018

    Legal Consultation

    Marketing Plan Developed

    Coin Developed

    Website Developed

    5
    FEBRUARY 2018

    Begin Marketing Deployment

    Website Registration Opens

    Pre-ICO Start - 02/24/2018 05:00 GMT ($0.25 per DIG)

    6
    March, 2018

    ICO Start - 03/04/2018 05:00 GMT ($0.50 per DIG)

    Halfway Point Referral Giveaway - 03/17/2018(55,000 DIG)

    Release Block Explorer to the Public

    Release Windows/Mac OS/Linux Wallet for Download on our Website

    External Exchange(Coinexchange.io, YoBit.net)

    7
    APRIL 2018

    End of ICO Referral Giveaway - 04/14/2018(55,000 DIG)

    Begin Staking Rewards(10% Anually)

    Begin Mining Rewards (3 DIG/Block)

    Listing on Coinmarketcap.com

    8
    MAY 2018

    Mining Contracts Open with Digital Excavators™

    9
    AUGUST, 2018

    Digital Excavators™ farm expansion

    Finalize incentives with global cloud mining companies to accept DIG Coin.

    Social media

    Digcoin web-siteDigcoin MediumDigcoin TelegramDigcoin InstagramDigcoin BTCTalkDigcoin TwitterDigcoin FacebookDigcoin SlackDigcoin Github

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