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Mine Aleo Coin
Living in Web 2.0 (the era of interactive communication), we have many problems with the exposure of personal information, and it is also a well-known fact that individuals and companies are suffering tremendous damage as a result.
It is also true that hacking news of various governments, public institutions, financial institutions, and corporations, etc., which frequently burst out, gives us anxiety as well as convenience on the Web. So, what has been developed is the cryptocurrency black chain technology, and the world's best "Binance Exchange", which manages and trades the black chain cryptocurrency, was hacked, resulting in a loss of about 700 billion won.
Because this is an unavoidable limitation of Web 2.0, it has inevitably developed into Web 3.0. From HTTP (Hypertext Transfer Protocol) to HTTPS (Hypertext Transfer Protocol Secure), we have entered the era of IPFS (InterPlanetary File System). All server-focused document systems tend to be distributed and move to a distributed system (IPFS) without fear of hacking, and many users are moving to decentralized exchanges such as 'Uniswap' rather than centralized exchanges for cryptocurrency.
Naturally, security has also been strengthened, leading to the invention of a transaction method called "zero-knowledge proof". It means proving that you have the information without providing any information to the counterparty. The coin invented to commercialize this technology is the ALEO coin.
So Samsung Electronics is investing, Softbank is investing, and Coinbase (COIN_BASE), the world's second largest cryptocurrency exchange, is investing.
We adopt this Aleo coin for our business and intend to mine Aleo coin for many years to come. It is now the testnet 3.0 period, and the mainnet will be implemented in the first half of 2023, and during this mainnet, all members will receive Aleo coin dividends.
1. What is "Aleo Coin"?
Web 3.0 is classified into distributed storage technology (IPFS) and zero knowledge proof. Distributed storage technology has Filecoin and zero knowledge proof has Aleo_coin.
Zero-knowledge proof refers to proving that you have the information without providing any information to the counterparty.
Zero-knowledge proof was officially proposed by 'Howard Wu' in 2016, and the "Aleo Network" was officially established in 2019. World-renowned cryptographers, universities, and companies teamed up, and eventually, a number of companies such as Samsung Electronics, Shopped Bank, and Coinbase invested in Aleo Coin, and the current corporate value was evaluated at more than 2 trillion won.
Aleocoin leads the zero-knowledge forum.
2. “Testnet and Mainnet”
The 1st and 2nd testnets have ended, and now the 3rd testnet is in progress from November 1, 2022, and the mainnet will be in progress in the first half of 2024.
If you participate in the testnet program, you will receive Aleo coins in proportion to your participation at the end of the testnet, and you can receive additional incentive coins. In the current testnet situation, futures (IOU) are listed on the XT exchange, and are currently trading at around 70,000 won.
In the mainnet, 1 billion are initially issued, and 57% is paid to early investors.
When the mainnet progresses, 1 block is formed every 20 seconds, 4320 blocks are formed per day, and 100 coins are paid per block for 3 years. After that, a half-life occurs every three years, and the final payment is 12.5 per block.
3. Prospects of Aleo coin
It is currently in the testnet, and it is traded at around 70,000 won by futures trading (IOU) on some exchanges, and it is said that when the mainnet proceeds, it will be exchanged 1:1 for Aleo coin. However, no one can predict whether the price of the coin will increase or collapse as the mainnet progresses.
Still, SoftBank's 'Chairman Jung-Hee Son', who said, "We do not fight unwinnable fights," invests, and invests in a professional investment company, "Tiger Global", and invests in Ethereum co-founder, the world's second richest person in cryptocurrencies, 'Joseph Rubin'. It is a coin invested by 'Michael Novogratz', CEO of Galaxy Digital, an investment bank specializing in cryptocurrencies, who initially invested in Bitcoin, saying that a $100 Bitcoin would cost $20,000.
There are many people who say that it will be the biggest coin after Bitcoin, but opportunities always have two sides to some people, so the judgment is up to each person.
4. Member's privilege
We, 365founding club members, are given 10 Aleo coin PPS owned by the company.
This is a differentiated policy from other companies, and PPS will be provided at a special price when purchasing in bulk. "Aleo Mine PPS" can be purchased with bonus points generated through the "365founding club" business, or "Aleo Mine PPS" can be purchased with cash or coins owned by members.
** Purchase Guide: You can purchase with a minimum of 500,000 Points (500$) or more. It is provided at a rate of 1 PPS per 10,000 Points (10 $).
** However, after the mainnet proceeds, you decide whether to hold the "Aleo Mine PPS" purchased at this time. If the acquisition of mining rights is abandoned due to low profitability, 100% of the principal is returned regardless of the daily bonus paid.
** PPS = pulse rate per second, and can be understood as the concept of basic ownership to receive distributions. When the testnet ends, we will distribute it considering the number of days and number of basic PPS.
5. Investment Roadmap
Synopsis
1. Investment amount: 500,000 Points (500 $) or more
2. Period: 120 days
3. Collateral: Aleo coin 3 years Mining rights: 1 PPS per 10,000 points. (Example: 500,000 Points, 50 PPS)
Bonus
1. Weekly bonus: 4.5%
2. Referral bonus
The referral bonus is 10% upon introduction, and each time the referred person receives a weekly bonus, 10% of the weekly bonus received by the referred person continues to be received during the referring person's staking period.
3. Refer to KGE Coin staking profit distribution details
Choice after 120 days
Option 1: Termination after 100% repayment of principal
Option 2: Distribution of Aleo coin for 3 years
“Travel Rules”
The “Travel Rule” is a system to increase transparency in virtual currency transactions, and some countries have adopted it and some have not. When sending money abroad from a country that has not adopted it, you can send money to an exchange or personal wallet regardless of the amount, but in countries that have adopted the "Travel Rule", you cannot send more than a set limit.
However, it is possible to first transfer money from BASF (Exchange) to a personal wallet such as Google Metamask or Phantom, and then transfer money from that personal wallet to an overseas exchange or personal wallet.
Therefore, those who have been sending money directly from the exchange are recommended to take this opportunity to install a MetaMask wallet, transfer money from their exchange wallet to their MetaMask wallet, and then transfer money from MetaMask to another location.
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