SUB1X is an ultra low supply, community driven cryptocurrency. It started off as an ERC-20 token, with over 80% of the supply being distributed in the form of an airdrop. In order to achieve its long term ambitions, the development team decided that creating a dedicated masternode compatible SUB1X chain was the best way forward.
SUB1X has the lowest supply of any Masternodes coin. This will make it one of the most highly valued crypto assets on the market.
Provides the ultimate passive income source for investors. The SUB1X ROI has been determined, from devising a complex mathematical formula that achieves the perfect balance between inflation and node returns.
Unparalleled transfer speeds from the ability to make transactions without the need for confirmations.
This will give the user complete privacy and anonymity when transferring across the chain.
SUB1X has one of the best distribution models of any coins. During its phase as an ERC 20 token, coins were divided among 1000’s of participants. There is no one individual/entity that holds more than 2.5% of the supply.
10% of each block has been allocated to future governance. This gives the community full control on how development funds should be spent, the block reward itself and any other monetary related decision.
A fully detailed technical whitepaper that includes the logistics behind how node governance and Zerocoin Protocol works.
SUB1X will list to both Masternodes.Online and mnrank.com, allowing it to gain maximum exposure in the MN community
The SUB1X team has developed a strategic plan that will allow for the coin liquidity to grow sustainably over time. This will involve listing to a combination of mid tier volume exchanges, that have been filtered through comparing relevant performance metrics.
Partnering up with a wide range of Ecommerce stores that can integrate SUB1X as a viable means of payment.
Roadmap 2018 - 2019
Masternodes are fully functional on the new chain
The swap from old to new SUB1X is complete
Forum and website release
Coin burn for any unswapped coins
The addition of SUB1X to cointracking and masternode ranking sites
The first official masternode governance vote is completed
Technical whitepaper release
Widespread SUB1X marketing phase begins
Merchant integration begins
The advantages of anonymity, fast transfer speeds and extremely low transaction fees will make SUB1X an attractive alternative for merchants. By Q4 2018, SUB1X will fulfill its purpose as a payment method for multiple online vendors.
The main aspiration of SUB1X is to be used as a means of exchange for online businesses. SUB1X boasts features that make it an ideal currency:
At the same time, the ultra low supply in combination with masternode limits also makes it a profitable long term investment.
The intentions of this project have always been community oriented. It started out as an airdropped ERC-20 Ethereum token, but to satisfy longer term goals, a swap to a dedicated SUB1X chain (based on PIVX technology) was necessary.
To stake coins, you must transfer them into your wallet and wait 3 days for the minting process to be finished. For the staking process to work, you must leave your wallet running on your computer/virtual machine 24/7.
The requirements to set-up a Masternode are:
A video tutorial will soon be released demonstrating the setup procedure of a masternode hosted on Ubuntu.
Once the first phases of merchant integration have been rolled out, we will aim to list SUB1X on more exchanges.