|Start Date||October 18, 2018|
|End Date||October 18, 2019|
TAU is an electronic currency that aims to promote essential financial behavior and increase economic circulation. We introduce a new consensus mechanism, Proofof-transaction (POT), that is fair, secure and environmentally friendly. POT uses on-chain accumulated transaction fee as proof to generate new blocks. The reward is transaction fees contained in each block. Participants can form groups called mining club, which distributes block reward to all club members through an efficient club wiring transaction. Under POT, network security is maintained collectively by users’ transactions.
|Price||0.0000 USD||Sale||N/A||Payment Mode||N/A|
|Soft Cap||N/A||Hard Cap||N/A|
General ICO Warning:
Due to the high number of scams associated with initial coin offerings, Wise Cryptos does not recommend investing in any ICO. There are many sources quoting anything from 80% up to 95% failure rates of Initial Coin Offerings for one reason or another. While the exact figures are difficult to accurately identify, the overall trend is worrying and investing in an ICO often feels as risky as wildly and irresponsibly gambling at a cryptocurrency casino. This is a real shame for the genuine projects with real promise and practical and useful real world application.