MoonCoin - Review

MOONCOIN

Website: http://mooncoin.com/#moonword

28.1.2018

$0.000232 USD (-3.71%)

Market Cap
$51,712,801 USD
4,486 BTC
Volume (24h)
$212,339 USD
18.42 BTC
Circulating Supply
223,377,569,289 MOON

My latest review is on Mooncoin a cryptocurency coin which is a proof-of -work based cryptocurrency. Majorly used for small payments. Mooncoin current market capitalization is around $51 Million. Mooncoin's blocktime is a quick 90 seconds and it uses a proof-of-work Algorithm, known for low transaction costs and large coin supply.

Mooncoin has a total in terms of circulating supply of about 385,000,000,000,000 coins. The reason why this circulation of Mooncoin is because that's the exact distance between the earth and the moon, meaning there's a coin for every metre you go from earth to the moon, an interesting concept.

The developers of Mooncoin have completed two projects "MoonWord" and "Smartlikes", MoonWorld is the programming language designed solely to help coins sent properly into the account of traders without a third party having access or interrupting the transaction. It is free and easy to use. Smartlikes, deals with how "likes" are monetized. Meaning money can be made from it by having content that will solve the problems of people. Smartlikes is not the only means to make money, mining the cryptocurrency is another potent way to achieve that.

How to mine Mooncoin (with GPU)
Here is a list of mining pools:

• AikaPool
• Moonrush
• SecurePayment.cc Pool
• Multipool

THE BACKGROUND

The philosophy is to develop a currency that is user-friendly and properly decentralized. It has stringent encryption that has made it harder for criminal activitiy. Mooncoin appreciates it's traders and seeks more collaboration and development towards making the currency with a global reach.

The plan for this coin is to provide a cryptocurency that is reliable and transparent and far faster than Bitcoin. It has been designed In such a way that it is transparent and flexible, that users can easily develop their projects within the Mooncoin system. With just 3 years of operation, they have succeeded in reaching a tangible number of traders and aim at spreading hopefully way beyond its expected community following in the coming years.

THE TEAM BEHIND MOONCOIN

The founder of the company is not much to say, except that he bears the nickname “Deaconboogie.”

The company’s philosophy is to develop a user-oriented and decentralized cryptocurrency.

Team not present on website?

WEBSITE

• Looks outdated needs some Love.

WHY MOONCOIN?

A simple, fast, reliable, fast and transparent Cryptocurency for traders, it's priority is on transaction speed not encryption and price because it's said to be called the Cryprocurrency for "honest" folks. This is why it is preferable for micropayments. It aims at achieving a speed that is promising on the cryptocurency platform, although the bitcoin is way ahead of it in value (0.00002BTC as at 28/01/2018)

HOW TO BUY MOONCOIN

Mooncoin cannot be bought directly for fiat on any exchange, you can buy bitcoin from any credible platform like Kraken, Bluetrade and trade it for MOON. Coinbase is another good and secure platform to buy Mooncoin, its easy and has a strong security and legit transfer policy. But you coinbase might not be available in your country, so using legit cryptocurrency exchange platforms like Cexio and Indacoin is advised. You can use platforms like Changelly to convert your BTC to MOON.

Mooncoin looks an interesting option to invest into such a promising cyptocurrency may provide a very tangible dividend in the coming years.

Some reasons why we should consider looking into Mooncoin:

1. They are a very low value coin, growing Market Capitalisation.
2. With just 3 years in the market, Mooncoin has potential prospects of being a success, so early investments will be a step in the right direction for traders looking to invest.
3. They have decentralized platforms like "Smartlikes" that pay you for liking investment opportunities.
4. Community Based Following

This review is a personal opinion based on fact. Please note I am not an investment advisor -The trading of Bitcoins, alternative cryptocurrency has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice