Announcement

What is SUB1X?

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.


Why Invest in SUB1X?


Specifications

Algorithm
Quark
Initial Supply
11200
Decimals
8
Block Target
60 seconds
Transaction Fee
0.0001 SUB1X
Confirmations
10
Block Maturity
50
MN/POS
80%/20%
Masternode Collateral
20 SUB1X
Masternode APR
100 nodes online
1318% ROI
250 nodes online
521% ROI
500 nodes online
260% ROI
Min Stake Age
3 hours

Masternode status page: SUB1X mnzone


Official block explorer: Block explorer


Source code: GitHub


Masternode Statistics

MN Top
MN Top
Masternodes.online
Masternodes.online

Roadmap

Core features

Low Supply

SUB1X has the lowest supply of any Masternodes coin. This will make it one of the most highly valued crypto assets on the market.


Masternodes

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.


Instant Transfers

Unparalleled transfer speeds from the ability to make transactions without the need for confirmations.


Zerocoin Protocol

This will give the user complete privacy and anonymity when transferring across the chain.


Fair Distribution

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.

Upcoming Features/Addition

Community Governance

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.


Whitepaper

A fully detailed technical whitepaper that includes the logistics behind how node governance and Zerocoin Protocol works.


Masternode Ranking Sites

SUB1X will list to both Masternodes.Online and mnrank.com, allowing it to gain maximum exposure in the MN community


Exchange Listings

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.


Merchant Integration

Partnering up with a wide range of Ecommerce stores that can integrate SUB1X as a viable means of payment.

Roadmap

Roadmap 2018 - 2019

Q1 2018

New Chain

Masternodes are fully functional on the new chain

Q1 2018

Swap Procedure

The swap from old to new SUB1X is complete

Q1 2018

New Website

Forum and website release

Q2 2018

Coin Burn

Coin burn for any unswapped coins

Q2 2018

Cointracking

The addition of SUB1X to cointracking and masternode ranking sites

Q2 2018

Governance

The first official masternode governance vote is completed

Q3 2018

Whitepaper

Technical whitepaper release

Q3 2018

Marketing Phase

Widespread SUB1X marketing phase begins

Q1 2019

Merchant integration

Merchant integration begins

Exchanges

Wallets

Coming soon!

FAQ

What is the purpose of SUB1X?

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.


What are the long term ambitions for SUB1X?

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:

  • Convenience: The fastest transaction times of any coin (6 second blocks)
  • Fungibility: Ultra anonymous tech (zerocoin)
  • Affordability: Virtually non-existent transaction fees (0.0001SUB1X)

At the same time, the ultra low supply in combination with masternode limits also makes it a profitable long term investment.


What blockchain is SUB1X running on?

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.


How do I start staking coins?

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.


How do I setup nodes?

The requirements to set-up a Masternode are:

  • The official SUB1X wallet,
  • 20 SUB1X
  • VPS server (Recommended requirements - 512MB+ RAM)

A video tutorial will soon be released demonstrating the setup procedure of a masternode hosted on Ubuntu.


What exchanges are planned for the future?

Once the first phases of merchant integration have been rolled out, we will aim to list SUB1X on more exchanges.