Cowry (COW) is a next-generation, hybrid cryptocurrency based on Proof of Stake (POS) mining and Masternodes. It is the primary currency on COWRYBET

Cowry Offers

Instant and Secure transactions

Cowry is instant and secure for anonymous payments.

Reward Structure

COW’s max supply is 50,000,000 and has a fixed reward structure. Besides, it has a process of managing the circulation supply through reserve funds, and buy-backs.

Sustaintable ROI

Cowry offers sustainable return on investment for both Proof of Stake (POS)  and  Masternodes. 

Healthy Coin Supply

To maintain healthy coin supply, it emits 1.00 COW into circulation every minute. This implies that not more than 525,600 COW can be produced within a year cycle, thereby creating a scarcity feature essential for price stability.

Payment Method

Cowry serves as the native currency on Cowrybet and hopes to add more Platforms.

Partnerships

Cowry will go into partnership with old and new betting Platforms, with the aim of integrating Cowry as means of payment on such Platforms.

Mass Adoption

Cowry hopes to extend its adoption beyond the gambling industry thereby creating more use cases.

Scarcity

At least in the first two years of the coin’s lifespan, there will be scarcity of the coin; this will further be boosted with the demand for COW on the gambling platform.

COWRY IS INTEGRATED INTO COWRYBET

Cowry (COW) is a next-generation, hybrid cryptocurrency based on Proof of Stake (POS) mining and Masternodes. It is a fork of the open-source project of PIVX. COW aims to become a quintessential cryptocurrency. It combines the pre-existing core features of other cryptocurrencies and refines them to produce a single currency capable to function with their strengths but without their deficiencies.Through inventing COWRY, we initiated a cryptocurrency that would allow for safe and secure storage of COWRY in a cryptographic, digital wallet. This allows COWRY holders the ability to transfer COWRY within seconds across a global network of Masternodes. One of our foremost goals is to create and promote a gambling platform with COWRY as its primary currency. COWRY will also partner with already established or new gambling platforms with the aim of integrating it into their platforms. We will focus on the gambling market in Africa, where most of gambling transaction still go through the banking system. For COWRY to be mass adopted, we shall work with licensed betting Platforms in this jurisdiction, this will allow us use their Platforms for advertising and promoting it. Although, our focus is the adoption on COWRY in the gambling industry, we shall not restrict its use to it alone.

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

1st Quarter 2019

2nd Quarter 2019

·        Project inception and team formation

·        Recruiting core team members

·        Initial whitepaper

·        Feasibility study of use case

 

·        Community development

·        Listing on at least two exchanges

·        Listing on Masternodes online

·        Marketing campaign

·        Official website launch

·        Cowrybet Platform launch (1st Phase)

·        Bounty and airdrops

·        Wallet release for Windows and Linux

3rd Quarter 2019

4th Quarter 2019

·        Bounty and airdrops

·        Listing on at least one exchange

·        Listing on coinmarketcap.com

·        Masternodes hosting services

partnerships

·        Shared Masternodes partnerships

·        Marketing campaign

 

 

·        Bounty and airdrops

·        Listing on at least one exchange

·        Masternodes hosting services

Partnerships

·        Reward schemes for Locking on the gambling platform

·        Shared Masternodes partnerships

·        Marketing Campaign

Exchanges

Cowry monitoring sites

Shared masternodes and Hosting services

LINKS

Windows 64

Wallet Download

Windows 32

Wallet Download

Linux

Wallet Download

Mac OS

Wallet Download

Github

Source Code

Github

Masternode Set-up