Translation (preserving HTML, with standard decoding applied before translation): [Full Version] Is Noah Coin definitely a scam!? Thorough analysis of price, official information, Sen Tadashi’s apology, Line, and future prospects!
In 2017, a refund controversy occurred, and Noah Coin was deemed a scam coin, yet even after a year there are many people who promote it and criticize it; it remains a cryptocurrency with debate.
In this article, we thoroughly explain Noah Coin (NOAHCOIN/NOAH) on the following six pointswith photos and videos.
- Overview of Noah Coin
- Characteristics of Noah Coin
- Wiki-style profile and reputation of Mr. Itsu Noah (Tada Tomo)
- Price of Noah Coin and reasons for ICO drop
- Reasons Noah Coin is said to be a scam coin
- Future prospects / potential of Noah Coin
If you read to the end, you will understand what kind of cryptocurrency Noah Coin is and why some say it’s a scam, so please read to the end.
Noah Coin burned 124.4160 billion Noah Coins, equivalent to 57% of the total issued supply, on April 25, 2018.
The reason cryptocurrency issuers burn coins is to stabilize the price, so the background includes the falling price of Noah Coin.
Also, Noah Coin’s Twitter followers are a topic among cryptocurrency firms, but surprisingly there are only around 7,000.
What Noah Coin (NOAHCOIN/NOAH) is
Reference:Noah Coin Official Site
Noah Coin is a cryptocurrency developed to address poverty issues in the Philippines, under the Noah Project.
Reference:NOAH PROJECT STARTING MOVIE
Specifically, it focuses on workers who go abroad to earn money, aiming to eliminate remittance fees of 10%–15% by using Noah Coin, thereby enabling faster remittances and helping to alleviate poverty in the Philippines.
Features of Noah Coin (NOAHCOIN/NOAH)
Noah Coin has five main features (Noah Wallet will be discussed later in the future of Noah Coin).
- Earning compound interest via a PoS system
- Noah City
- Noah Resort
- Creation of an organic farming app [GrowCart]
- Payments possible in countries outside the Philippines
The above five can also be confirmed in the video below, so please watch. (Video length: 17 minutes 07 seconds, with Japanese subtitles)
Reference:NOAH presentation movie (JP) YouTube
Earning compound interest via a PoS system (Profit)
Noah Coin’s algorithm adopts a compound interest distribution method (interest)Proof of Stake (PoS).
The annual dividend rate for Noah Coin is set at 0.86x (exponentially decreasing), and the dividends continue for40 years.
Specifically, the following compound interest system applies.
- Year 1: 20%
- Year 2: 17.20%
- Year 3: 14.79%
- Year 4: 12.72%
- Year 5: 10.94%
- ...Year 40: 0.06%
For example..............Continue here ⇩
>>>See the official cryptocurrency trivia site
