Welcome to the website of the Cowry Project. It comprises Cowry (COW), a next-generation cryptocurrency based on Proof of Stake (POS) mining and Masternodes, Cowrybet, an Online Cryptocurrency Sportsbook and a Merchandise Store.
Cowry Offers
COWRY IS INTEGRATED INTO COWRYBET
Cowrybet is an Online Cryptocurrency Sportsbook that accepts Cowry as its payment method. The betting Platform provides an opportunity for people to place bets online irrespective of their location.
ADVANTAGES
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Place bets online anonymously.
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Funding accounts and withdraw with cryptocurrency.
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Place bets with cryptocurrency.
CHALLENGES
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Limited mass adoption due to legal and licensing constraints.
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Low knowledge of cryptocurrency in some parts of the world.
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The unclear status of cryptocurrencies in some jurisdictions.
SOLUTIONS
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Creating a legal Platform for Cowrybet to operate
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Obtaining of legal and gambling license.
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The introduction of betting shops where people can place bets using cryptocurrency.
COIN SPECIFICATIONS
|
Algorithm |
Quark |
|
Type |
POS+Masternode |
|
Block reward |
1.00 (fixed) |
|
Masternode Collateral |
1000 |
|
Masternode reward: |
80% |
|
Staking (POS) reward |
20% |
|
Block Time: |
60 seconds |
|
Total Maximum Supply |
50,000,000 |
|
Premine |
140,000 (0.28%) |
BLOCK REWARDS |
|||
|
PREMINE |
140,000 |
||
|
PROOF OF WORK (POW) |
|||
|
BLOCK NUMBER |
BLOCK REWARD |
||
|
1-1000 |
1 COW |
||
|
PROOF OF STAKE (POS) |
|||
|
BLOCK NO. |
BLOCK REWARD |
MASTERNODES |
STAKING |
|
FROM 1001 |
1 COW |
0.80 COW (80%) |
0.20 COW (20%) |
PRE-MINE DISTRIBUTION
|
Bounty/ Airdrops |
10,000 |
7.14% |
|
Marketing |
20,000 |
14.29% |
|
Project Development |
40,000 |
28.57% |
|
Partners |
10,000 |
7.14% |
|
Reserve funds |
20,000 |
14.29% |
|
Core Team |
40,000 |
28.57% |
|
TOTAL COINS |
140,000 |
100% |
MASTERNODE REWARD STRUCTURE |
|
|
NUMBER OF MASTERNODES |
ESTIMATED ANNUAL ROI |
|
5 |
8409.6% |
|
10 |
4204.8% |
|
20 |
2102.4% |
|
40 |
1051.2% |
|
80 |
525.6% |
|
100 |
420.5% |
|
200 |
210.3% |
ROADMAP
We have set these objectives for Cowry within July 2019-June 2020.
-
Listing of Cowry on www.masternodes.online
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Listing of Cowry on www.crex24.com
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Android wallet or integration into established mobile wallets (Required for the smooth adoption of cowry as a means of payment both online and in stores)
-
Listing of Cowry on www.coinmarketcap.com
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Listing on Cowry on shared masternode/hosting services
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Acceptance of Cowry as means of payment for online shopping (talks already in progress)
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The development of Cowrybet Platform.
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Working with Crypto Exchange Agents for the exchange of Cowry into fiat and vice versa; this is necessary for effective operations of Cowry in Africa.
Exchanges
Cowry monitoring sites
Shared masternodes and Hosting services
