COINOUTLET IS BRINGING YOU 2GIVE

CoinOutlet’s ATM has been designed and built to overcome the current obstacles in getting Bitcoin for cash.

In order to grow the crypto space public needs easier access to Bitcoin and other tokens.  Most users will not want to jump through all the hoops of today’s market to buy coin, but they will gladly do so if they have an easy to use BTM in their neighborhood.

Therefore CoinOutlet is evolving along with blockchain advances. Adding the ability to do Crowdfunding, bill payment, or sales directly from a BTM will take fuller advantage of the current state of blockchain technology and help grow the space. Providing a built-in Compliance package will make it easier for operators to move into the space as well.

With the ability to accept multiple currencies, we are opening up global opportunities and as a first step to a new era of crypto we now have AltCoin, called 2Give coin installed on our BTMs. 

Our team have introduced a number of BTMs into Japan last month and we see strong demand both for Bitcoin and an Alt coins.

We noted strong interest for 2Give coin which we now have installed on our BTMs.

ABOUT 2GIVE

2GIVE is the next generation stakeholder based cryptocurrency designed to support socially responsible stewardship and is supported by the Strength in Numbers Foundation, a non-profit digital trust. 2GIVE makes it easy to support your favorite non-profit or pro-social cause and can be used for “repaying it forward” through social tipping! The network is secured through a shared reward system that allows stakeholders the ability to earn 5% interest (POS) on their holdings per annum and a 1% transmission fee (TXFEE) that can be earned by the mining process (POW)

HOW IS 2GIVE COIN GENERATED?

Strength in Numbers Foundation generated the initial 500M coins in the first 500 blocks of the chain by a globally distributed seed node network. Each node contains a special GiveCoin* vanity 2GIVE address that took approximately 5 days to generate each. New coins are created through a process known as “staking” that allows coin holders the ability to generate a 5% per annum interest payment to themselves monthly, while supporters of the network can compete to earn a 1% transaction fee (TXFEE) that is part of any send.