NobleCoin To Issue Colored Coin For Their Crypto-Centric Ecosystem

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NobleCoin
NobleCoin

One of the altcoins I have personally been most excited about ever since it originally launched, is NobleCoin. Not just because their developer is one of the brightest minds we have seen in the altcoin scene so far, but simply because of the sheer amount of services NOBL has to offer, which still go by unnoticed by the general cryptocurrency community.

While the focus for digital currency and altcoins is mostly on marketing and education, as it should be, there is still the human element. Interaction between all parties making up the network cannot be replaced by code, tools or anything else. We need to make cryptocurrency more “human’ than it is right now.

NobleCoin wants to tackle this issue by merging most of the core philosophy, work ethic, brand and infrastructure with market expectations, industry thought leadership, and most importantly, a legal and regulatory framework. Most crypto enthusiasts are against any regulation, but we simply cannot go around it anymore, as it will happen.

The result of NobleCoin’s plan will be a colored coin, which can be used for exclusive services, rewards and e-commerce. The focus will be on information and corporate systems running on top of the blockchain technology. A complete crypto-centric ecosystem is the goal to be achieved by NobleCoin and its community.

Said colored coin will be a coin having zero mining emission, yet remaining secure. The colored coin supply cap will be fixed and predetermined, and while the value of the underlying cryptocurrency might be affected by emission pressure, that does not necessarily have to be the case for the colored coin.

In order to reduce the risks of an initial distribution being severely overvalued, the market cap of the total initial distributed coins will not exceed approximately US$150,000. Considering there is a solid plan and a working infrastructure behind these colored coins, it is safe to say this market cap is very conservative.

Even though there are many more details to discuss, I would advise everyone to read the actual Distribution Draft PDF file, written up by the NobleCoin developer. You can find this PDF here :

http://jasonlcurby.com/Distribution-Draft.pdf