The Ignition Coin launch did not include an ICO to preserve fairness. Staking, and Master Nodes became accessible from day one with a small development fund built-in.
Inflation slows every 1 million coins, only 1 million coins will be generated in the first year with the remaining 4 million over the next 50 years.
With a maximum of 5 million coins, Proof of Stake, and Master Nodes - Ignition Coin users who secure the network simultaneously earn block rewards from the network.
The Ignition Network’s blocks are generated by a dual hybrid methodology – Proof of Stake, and Master Nodes. This reduces the power cost compared to traditional PoW blockchains by 50%, and eventually, if the community decides, 99.9%. Help secure the Ignition network by operating a Masternode. POS rewards are split 50/50 w/ stakers & Master Node operators.
Welcome to the hottest coin on the blockchain
55% of all network rewards go to Master Nodes. Master Nodes run full nodes, like stakers, but they hold a collateral value of 3000IC in order to process anonymous and instant transactions for the network.
45% of all network rewards go to Stakers. Stakers run a full node, and hold any amount of coins in their balance for at least 30 minutes to begin competing for new block rewards. Stakers secure the network health by contributing to the distribution of the blockchain efficiently.
Get live pricing info on any coin, and navigate Ignition block explorer from within Discord!
We have recently concluded integration of Ignition onto the Komodo DEX (Decentralized Exchange) protocol.
The Community as a whole can contribute documentation for our wiki on Github!
We are always working hard to make effective and efficient use of marketing - and work with the community when appropriate to help bring IC to more markets.
We have a decentralized community with several contributors, and anyone can participate in the development process