History of CRYPTO CURRENCY

January 3, 2009 has marked the beginning of a new era of globalisation and world interconnection: the first Bitcoin transaction has occurred. Satoshi Nakamoto has made what was thought to be impossible - he has built and launched the first completely decentralized global transaction ledger, in which anyone can participate. We know it as Blockchain. Only 6 years later we are starting to understand the real value of the invention. Blockchain has provided a universal access to the global economy for any internetconnected device.

The SWISSCOIN (SIC) huge team’s aim is to achieve 1 billion users in our ecosystem providing unique products and services and create a total capitalization amounting to over 50 billion US dollars. Such business valuation is possible, based on the planned gaining of 1 billion users, and assumed upon the market value of a user in the amount of $50. Due to our
commitment in the creation of a number of services that will be served by SWISSCOIN currency, the team is confident that the actual capitalization of the entire Project will be much bigger.

The more people join our network, the more value the network provides to each user. Think about it as a partnership, we develop the community together with users and share the value of the network with them. Those people who share our confidence in the success of the Project, in fact, become a part of our team and our co-shareholders due to the SIC accumulation on their personal account using only own social
connections and doing different activities inside of SIC ecosystem.

ECONOMIC MODEL
The aim of SWISSCOIN is to contrast with the up
to now introduced crpyto currencies and to
define a new standard. Up to the stock market
introduction intended in 2017 there will be
approximately 600.000 active (as of now around
400.000) users in SWISSCOIN.
With the stock market introduction, there will be
approx. 10.000 acceptance places worldwide
who will accept the SWISSCOIN as a currency. It
can be assumed that once the SWISSCOIN has
been introduced at the stock market there will be
additional acceptance places in great numbers,
so that in a period of a few years after the stock
market introduction a number 0f 30.000
acceptance places can be assumed as realistic.
The value of the SWISSCOIN will be protected by
commodity values in the form of precious
metals. And this underlapping not by means of
value rights separated but in a mix of 1/3 of gold,
platinum and palladium will occur in actual form.
The mix from a big number of users, a high
number of acceptance places as well as the
commodity value in precious metals gives the
SWISSCOIN a value increasepotential which lets
an outlook for the next 5 years seem realistic
that the SWISSCOIN, after the stock market
introduction, reaches a value of 7 US-dollar.
NON-FIXED SUPPLY
SWISSCOIN has an initial non-fixed supply of
10,000,000,000 coins (SIC). The basic money
supply amount is created during the one-week
stage of currency issuance which involves a
Proof-of-Work (PoW) block generation period.
This approach eliminates a cryptocurrency
premine. Further issue of coins will be conducted
via Proof-of-Stake (PoS) block generation
indefinite period, providing growth of coin supply
from 1% to 10% interest per year. The currency
issuer (company) will be distributing SWISSCOIN
according to the distribution model defined
below.

DISTRIBUTION MODEL
SWISSCOIN initial supply will be distributed to several categories of businesses with the following proportion:

● marketing activity by users takes 1.900M SIC,
● Users worldwide 7.000 M SIC,
● SWISSCOIN Foundation 1.000 SIC
● 100M SIC for the development of products and services to be conducted by the SWISSCOIN team.

Initial owners of coins will be exchanging it to
Bitcoin and Fiat currencies at a pre-determined
fixed rate. The rate is gradually increased as we
get closer to the goal (a number of users in the
ecosystem).
Coin owners will have a strong incentive to
accumulate coins they hold for reasons of Proof-
ofStake model, giving from 1% to 10% interest
per year for holding SIC. This effect will ensure
the safety and stability of the whole network by
bringing online more full nodes to process
transactions and blocks in the system.
GLOBAL PAYMENT SYSTEM
As the number of acceptance points (AP) will
continue to grow (currently ~ 500 AP) we expect
SWISSCOIN to become a global PS and value
transfer instrument. Merchants will integrate SIC
to acquire more customers while SIC owners will
seek for goods and services to purchase in
exchange of coins they hold.
We plan to improve this system by implementing
P2P lending capabilities, as well as introducing
other financial services on top of technology.
OVERVIEW
SWISSCOIN is a peer-to-peer digital currency
with a distributed, decentralized public ledger,
which unlike those of traditional banks is
viewable and easily audited by anyone.
SWISSCOIN uses a Proof-of-Work (PoW) creation
cycle followed by transition to full Proof-ofStake
(PoS). Proof-of-Stake is eco-friendly and
efficient, and avoids the vast waste of energy
and hardware overhead of PoW-based networks.
Users who keep their wallet open to secure the
network via staking will get from 1% to 10%
interest per year.
SIC transactions are extremely fast due to the
approach described and get processed within a
few minutes. The software (wallet) is open
source, so its safety can be audited. Every
SWISSCOIN user shares the transaction history,
so the ledger is entirely transparent.
From the technological perspective, SWISSCOIN
utilizes its own independent blockchain, as
opposed to many other cryptocurrencies built on
top of existing public blockchains (e.g.
Ethereum). SIC uses a pure Proof-of-Stake (PoS)
block generation model, ensuring eco-friendly
approach to transaction processing.
BLOCKCHAIN
Blockchain databases is the cutting edge of
transactional database technology. They have a
number of properties that make them more
attractive and efficient for digital currency
compared to centralized databases.
SPECIFICATIONS
o Initial supply 10.000.000.000 SIC
o Average block generation time: 60 sec.
o Block generation model: Proof-of-Stake (PoS)
o PoS reward: 1-10%
o Inflation: ~ 1%
o Min. transaction fee: 0.0001 SIC
o Blockchain: standalone
o Initial transaction throughput: ~ 50 tps
o API: JSON-RPC, Bitcoin-compliant
o 256 Bit Encryption

CONCLUSION
SWISSCOIN resides on the cutting edge of the payments technology innovation combining the most robust cryptocurrency network with strong social networking effects. Its economic model has solid usage incentives. The technology behind SWISSCOIN as a system ensures its
independence, safety and Scalability. We believe that SWISSCOIN has the potential to compete with leading global payment systems.