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White Paper

This is the original whitepaper for the Intercoin project, that discusses the need for a programmable community currency platform, with applications such as Universal Basic Income, Consumer Price Index, and more. You can discuss this and much more in the Community Forum

Intercoin Features

Intercoin is the next step in the evolution of money.
A New Kind of Payment Network
Community and Loyalty
Fundraising and Liquidity
Voluntary Basic Income
Money Analytics and Insights
Elections and Governance
Superpowers for Any Currency

Intercoin is the next step in the evolution of money.

Just as the Internet is a global network that connects local networks, Intercoin is a global currency platform that enables communities around the world to issue and manage their own currency, to circulate among their local population. Intercoin enables fintech innovation on the local community level, leading to stronger communities, greater sustainability, less poverty, and more productivity. Intercoin picks up where BTC and ETH left off, building a platform that's not just secure, but scalable too.

Communities

Powering and freeing communities economies

Powering currencies for all kinds of communities:

Towns
Universities
Cruises
Companies
Nonprofits
55K
Community leaders
95
Countries
3,4M
Times used per month
40K
Available nodes

Empowering People

Uniting Communities

Growing Businesses

Comparison Matrix

Feature Bitcoin Ethereum Intercoin
Transactions Per Second 7 15 Practically Unlimited
Sharded / Scalable No No Yes
Supports Multiple Currencies No Yes Yes
Supports StableCoins / Pegs No Yes Yes
General Purpose Computing No Yes Yes
Web Integration / DApps No Yes Yes
Compatible With Regulations No No Yes
Wallets Are Storing... UTXOs Balances Coins
Consensus Based On... Proof of Work Proof of Work Proof of Corruption

Roadmap

  • Started the Intercoin Community
  • Launched Intercoin YouTube Channel
  • Open Sourced our Code on GitHub
  • Releasing Intercoin Utility Token
  • Launching the Intercoin App
  • Community Pilot Projects
  • Intercoin Listed on 10 Exchanges Worldwide
  • Launch Online Community Platform
  • Currencies for Real World Communities

Team

  • Intercoin Team
  • Advisors

Greg Magarshak

Founder, Decentralized Systems Architect

Norman Qian

Team Manager

Stacey Brown

Community Manager

Edward Kierans

Chief Experience Officer

Marsilda Bialczak

Media Manager

Jason Page

Co-Founder, Crypto Markets Expert

Don Reid

Investor Relations

Artem Subbotin

Smart Contract Developer

Kevin Jin

Decentralized App Developer

Igor Martsekha

Native App Developer

Andrey Tepaykin

Javascript & Node Developer

Ivan Alekseev

Visual Designer

Tokenomics

Token Distribution based on 1 billion ITR total issuance

Token Sale and Allocation:

  • Presale: $0.12-$0.18 USD
  • Public sale Price: $0.25 USD
  • Sold To Public: 40%
  • Founders: 10%
  • Earliest Investors: 2.8%
  • Subsequent Investors: 27.2%
  • Consultants: 6%
  • Bounties / Promotion: 2%
  • Marketing: 5%
  • Sales: 2%
  • Charity to Communities: 5%

Funds Allocation Estimates:

  • Operations: 5%
  • Team: 8%
  • Admin Costs: 3%
  • Offices: 2%
  • Servers: 5%
  • Tech Dev: 36%
  • R&D: 10%
  • Marketing: 15%
  • Promotions: 3%
  • Legal: 8%
  • Listing Fees: 5%

Media Highlights

In Defense of Blockchain Voting

For every technology we use today, there was a time it was laughably... Learn more

New UBI Movement - Mayors, Cities and Countries

There is a movement taking place in various places around the world... Learn more

Intercoin Interview with founders Greg and Jason for TECHEDTV

An interview with Greg Magarshak and Jason Page, founders of Intercoin. Learn more

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