ABOUT SAPPHIRE
THE COIN
A coin from doers for doers.
Sapphire coins (SAPP coins) will be used in the real economy as a stable means of payment and will be issued only to trustworthy partners who bring added value to the project.
The SAPP developers are aware of the frustrations of early tech adopters and fruitless ICOs and IEOs. They always approach any problems that arise with a clear, precise goal in mind.
The goal is to have a coin that is easy to use, ensures fast payment transfers, is used and wanted, and most importantly, lives and breathes with its community.
THE ECOSYSTEM
The SAPP developers reverse the usual procedure of cryptocurrency. Most coin developers have great technical ideas but no real business concept. Profits are only realized through speculation and not through value creation. This must fail in the long run.
The current developers of the SAPP Coin come from the real economy and adapt the coin exactly for this.
Stability, money supply control and real value creation are the essential parameters. Interfaces are created so that the coin can be used for real purchase processes while complying with all laws.
THE COMMUNITY
At the same time, the developers work together with the community that has grown up around the coin.
Their support is rewarded through various reward programs:
– Interest on Coins Saved (Proof of Stake)
– Compensation for the provision of hardware (Masternodes)
– Improvement suggestions (Bounties)
– Support through contributions (Rewards)
Sapphire is the future, it offers all opportunities and gives unlimited possibilities to supporters and partners.
COIN SPECIFICATION
TICKER: | SAPP |
ALGO: | QUARK |
TYPE: | Masternode and Proof of Stake |
BLOCK TIME: | 60 seconds |
RPC PORT: | 45329 |
PROTOCOL: | 70926 |
EXPLORER: | explorer.decenomy.net |
MASTERNODES
An interesting way to earn revenue by providing technology is by providing a Masternode that runs on a proof-of-stake (PoS) base.
First and foremost, a Masternode, like any other full node, is a node server within a network. Full nodes are important because they process transactions and store them in the blockchain.
In addition, however, a Masternode operator has tasks and rights that a normal full node operater does not have. For this gets the operator high rewards.
In order to obtain the status of a Masternode, the Masternode operator must deposit a corresponding number of coins. For this and for the performance of the tasks and the provision of computing power and storage space, they will receive rewards based on the corresponding Coins (Proof-of-Stake).
However, to be a Masternode operator, you first need to deposit some coins to the network as per the minimum threshold. SAPP masternodes will receive 65% of each block reward.
REWARD DATA
BLOCK START | COLLATERAL | REWARD | MASTERNODES | STAKERS |
---|---|---|---|---|
400,001 | 75,000 | 500 | 475 | 25 |
450,001 | 100,000 | 600 | 570 | 30 |
500,001 | 125,000 | 700 | 665 | 35 |
550,001 | 150,000 | 800 | 760 | 40 |
600,001 | 175,000 | 900 | 855 | 45 |
650,001 | 200,000 | 1000 | 950 | 50 |
700,001 | 200,000 | 900 | 855 | 45 |
750,001 | 200,000 | 800 | 760 | 40 |
800,001 | 200,000 | 700 | 665 | 35 |
850,001 | 200,000 | 600 | 570 | 30 |
900,001 | 200,000 | 500 | 475 | 25 |
950,001 | 200,000 | 450 | 427.5 | 22.5 |
1,000,001 | 200,000 | 400 | 380 | 20 |
1,200,001 | 200,000 | 800 | 520 | 280 |
1,300,001 | 200,000 | 800 | 520 | 280 |
1,400,001 | 200,000 | 800 | 520 | 280 |
1,500,001 | 200,000 | 800 | 520 | 280 |