There have already been 9 BTC forks in 2018 and at least 25 more are expected by the end of the year. FOXBTC aims to empower company-based forking in the crypto markets by enabling users to store and exchange any airdrop.
FOXBTC is based on a hybrid Proof of Stake and Proof of Work mechanism which provides a 6% annual incentive for staking.
Large size blocks ensure unparalleled scalability of the transaction volume with a 3 min block interval.
Blocks will be efficiently mined through GPU power with an incentive of 50 coins per block.
27M Coins of which 5M are premined (4M allocated for airdrop and 1M for the team), 5.5M are put in PoS + PoW, and 16.5M are circulating, as is the case with BTC.
Users can store, exchange and withdraw any airdrop coins through the FOX airdrop program which will distribute rewards in time periods of:
By enabling crypto users to have full access and control of forks and airdrops, users enjoy the true benefits of decentralization, bringing us one step closer to mass adoption of crypto currencies.