Crypto currency Asia Coin has risen 100% in the last day.
Asia Coin is trading at 4.2E-07 BTC or 42 PND.
Asia Coin is a Scrypt Coin with a very brief PoW phase of two weeks or 20,000 blocks. The PoW phase is scheduled to produce 40% of the hard capped limit of 360 million. The PoS phase is set for ten years with first year stake interest set at a high 100% - whcih subsequently drops to 2%. Block time is 60 seconds, difficulty retargets every block and there was no premine.
Asia Coin is listed on Novaexchange and Cryptopia cryptocurrency markets.
What are your thoughts about this coin and its outlook for the future?
Leave your thoughts on Asia Coin in the comments section below.
I invite you to come and give him a look More info @cryptotvnews
Are you currently buying? whats the use case?
No at this time I do not hold any Asia Coins nor have any immediate plans to buy any. Just reporting on the recent significant price change.
As for its use case, it appears to be coin where the community has taken control of the coin. As to what direction the development takes, you'd need to follow the forum thread for that info.
https://bitcointalk.org/index.php?topic=595999