Launch of Soarcoin

Soarcoin goes LIVE on the Ethereum network on 20/3/2017 1200(+8GMT)

Soarcoin will be available on C-CEX before 21/3/2017. A sell order will be placed as this is not an ICO. Soarcoin has a merchant pilot programme, and thus merchants will also redistribute the tokens in future. However it will be controlled by the Soarcoin team so that public who wish to own some Soar, can be treated fairly as well. 10% has been allocated for public distribution, and 5% will be allocated for C-CEX via sell order. The remaining 5% will be at another exchange in the near future. Thank you for your support!

For token holders that wish to transfer your Soar tokens to Mist or Myetherwallet. The details to add Soarcoin Token will be below

Name of Token: Soarcoin
Contract address : 0xA049978DE304Dc9b72e95323830c9F01E6CF4927
Decimals : 6

What is Soarcoin (SOAR)

Soarcoin provides a use case for storing and processing digital transactions in a secure and providing instant transfer of value anywhere in the world, with no borders or limits in a transparent way. Every user with a Soarcoin wallet plays an important role in processing transactions on the decentralized, peer-to-peer network. Interest is earned by each participant and users stay in full control of their money.

With a total supply of 5,000,000,000 coins, unlike traditional currencies such as USD where the governments control the money supply, Soarcoin has a fix amount hence as the demand for Soarcoin rises, the value of each coin will rise. Soarcoin will be used to pay for online services, products or even your next meal and can be exchanged with any cryptocurrency exchanges that we are listed on. To ensure this happens, we will establish a merchant pilot programme with retailers across South East Asia who is open to blockchain technology and also focusing on mobile payments and debit card powered by Soarcoin.

Our mission is to provide an opportunity for investors and early adopters to be part of a system that is decentralized, safe and fast. We would like to increase the usage of blockchain and promote the importance of having a supportive Fintech community in South East Asia. A bounty scheme will be organized to earn Soarcoin for avid volunteers hoping to help with improving and promoting Soarcoin.

Specifications

• Ethereum based

• Expected total coins will be 5,000,000,000

• No mining

• Low transaction fees based on ether

• Large balances receive more frequent stake rewards (details to be confirmed)

Exchanges to get your Soarcoin (SOAR)

• C-CEX (Mid-March)
  We will be releasing 5% of total supply to CCEX. The tokens sold will be used to fund bounty projects, and also future upgrades needed to make Soarcoin better and safer for everyone.

Bounty Specification

• Issues that have already been submitted by another user or are already known to the Soarcoin team are not eligible for bounty rewards.
• Public disclosure of a vulnerability makes it ineligible for a bounty.
• You can start or fork a private chain for bug hunting.
• Bounty will be rewarded based on the severity and details of report, which means clearly written submissions and also a good solution if possible. Ranging from 0.05 - 5 BTC. Below is an example of a documented report.
  https://blog.ethereum.org/2016/11/01/security-alert-solidity-variables-can-overwritten-storage/

Please send all reports to [email protected]

Bounty rewards are only applicable to the following codes:

https://github.com/neowenyuan27/SoarCoin/blob/master/Soarcoin.sol

Other parts of the project will be available for bounty hunting once available, please stay tuned.