BERKELEY, CALIFORNIA - Media OutReach - 21 April 2019 - The Swiss Shakti Foundation has opened mining registration across the world coinciding with the publication of the first of its four-part white paper.
The Swiss Foundation would like to bring the following three points to public attention.
Early Adoption Incentives
Early adopters are incentivized with 10,000 Shakti Coins (equivalent to USD 50,000) when they sign up for a Power Mining License. A limited number of Power Mining licenses are available per country and only a limited number of those will include the early adopter incentive. These will be awarded on a first-come, first-serve-basis.
The licenses allocated to each country will be installed uniformly to reflect the population distribution across the county. The Shakti Coin Power Mining license is a digital asset class in the emerging FinTech sector and limited to one for per person to operate.
Shakti's T400 Power Mining nodes will be the pillars of the Shakti Network and have the potential to offer a lucrative income stream to license holders over time.
White Paper Release
Today we have released the first installment of our four-part white paper. As you will see, the entire Shakti Coin ecosystem is new. The protocol is new, the process of creating the coin is new and the distribution is new. The first section provides an overview of the concept. Anyone interested in joining the network is encouraged to study the white paper to ensure they understand the foundational concepts of the coin -- it's the third generation blockchain-based digital money.
The Shakti Coin project is an international grassroots initiative that exists independent of any affiliation with industry, government, religion or political party. The Swiss Shakti Foundation is a public benefit organization based in Zug, Switzerland tasked to provide compliance oversight and furtherance of Shakti ecosystem.