Hi everyone,
My main project is an online digital goods marketplace called flurly.com, and I’ve learned how hard it is to pay people globally. If Stripe/Paypal doesn’t exist in your country you’re basically out of luck.
Coinbase is a great first step, but the platform has high instead of low fees, and people save coins instead of spending coins.
I wanted to build a globally accessible, low cost way of facilitating payments online. Centralized Coin is my first attempt. A few highlights of the coin
1) Anyone with an email can participate
2) Each transaction is an efficient atomic database write (no proof of work)
3) Every transaction is publicly accessible and verifiable via an API
4) Two variables in the system - transaction fees & community compound rate. Read the whitepaper to learn more
5) Coins are minted by a central authority (me)
Shoot me an email at hi@flurly.com and say hi and I’ll send you 125 coins to play around with.
Thanks!
- JR
Really cool and innovative currency. Something that actually has potential for real transactions! I have already had someone want to do a job for me in return for Centralized Coin! Pretty crazy. I think there is potential here.
This is such a cool project. If anything, it’s been a way for random strangers to DM me (asking for coin) and a chance to get to know people who I otherwise would not have met.
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