What Is WhizCoin?
Whizcoin is the latest entrant to the world of digital currencies. The project aims to create the biggest lending program in the world which offers exclusive bonuses as well as passive income on a daily basis for its holders. To realize this goal, Whizcoin has already established a token buyback mechanism that runs on a transparent profit distribution model, and thus enables members to increase the value of their digital coins. All transactions are secured by cryptographic encryption, a feature that also regulates the mining of new Whizcoin.
WhizCoin Crypto Lending Rewards Features
Being a blockchain-based project, Whizcoin is obviously decentralized. Essentially, each member of the network has access to the distributed ledger. Thus, this network is not under the control of a centralized server.
Unlike other digital currencies, Whizcoin does not require exceptional tech savvy from its users. To trade in Whizcoin, all an investor needs is a mobile or computer with a dependable internet connection.
How To Use Whizcoin
As mentioned above, trading in Whizcoin is not a daunting task, even for greenhorns. Once you have a device connected to the internet, follow the steps below;
- Register on the official Whizcoin website and buy the WZC tokens using the tailored digital wallet on the users’ dashboard.
- Enter the recipient’s address as well as the amount you want to send.
- Click on the send button. Usually, transactions are processed instantly.
Whizcoin is an ERC20 compliant token built on the Ethereum blockchain. Therefore, it will use the Proof-of-Stake protocol to generate new blocks on its blockchain. On the other hand, public keys used in validating transactions are formulated using SHA-256 hashing. On average, it takes 150 seconds to generate a new block on the Whizcoin blockchain, a period that betters Bitcoin’s average by at least four times.
The Whizcoin wallet is the resource that token holders use to trade in their digital assets. Currently, it is available on all major platforms, including Windows, Mac, Linux, Android, and iOS. Since the wallet does not download the entire Whizcoin blockchain, it is considerably smaller in size as compared to its peers.
WhizCoin WZC Token ICO Details
Whizcoin will create a total of 20,000,000 WZC tokens. Out of these, 5 million will be made available during the ICO which is scheduled to take place in four rounds, from 20th March 2018 to 21st July 2018. The price of the token will gradually increase by $0.1 from the initial $0.1 every time a round is completed.
Parameters of the ICO
- Token name: Whizcoin
- Token symbol: WZC
- Total supply: 20,000,000 WZC
- ICO supply: 5,000,000 WZC