Eliminating the guess work and other projects’ shortcomings, we have engineered a brilliant solution that has become the sum of everything that is correct in a crypto project.
Stabilizing block rewards through a dynamic masternode collateral and reward structure will guarantee your ROI% and ensure a long lasting project.
Through environmentally conscious POS mining and cutting edge masternode technology, let BLST become your go to form of fund transfer from exchange to exchange or peer to peer.
Minting BLST through staking (POS) your coins is thousands of times more cost effective than the all power consuming POW mining. The masternodes on the BLST blockchain help increase the privacy of our transactions and create near instant transfers of BLST across the blockchain.
Block Rewards – Dynamic
Masternode holders and stakers will be awarded block rewards regularly for helping run, secure and supercharge our network. The block rewards will automatically adjust to the collateral changes. Our structure ensures that no more than 2.45 masternodes worth of rewards are being generated every day.
Quark was chosen due to its use of 9 levels of encryption and its ability to be not be susceptible by a single point of failure (SPOF). BLST also takes advantage of the Proof of Stake method of minting BLST in order to increase security, while easily and effectively validating transactions across our blockchain.
Ballast Coins premine was only 275,000 BLST out of 55 million. The 275,000 BLST are allocated for marketing, listing on staking/shared masternode platforms and future dev. There was no pre-sale. We are entirely self-funded.
Ballast Coin was created to become a fast and secure cryptocurrency to be used as a means of payment or simply a store of value. A cutting edge collateral and block reward structure that adjusts real-time, a stable and guaranteed ROI structure and an endless number of real world applications that will arise as a product of the coins stability and success.
Our team is made up of experienced masternode investors, cryptocurrency gurus, developers and marketing experts. We have observed and learned from other projects mistakes over the years, and in doing so, we have engineered Ballast to be the sum of all that is correct in a POS/MN project.
Ballast is here to change the way you define a cryptocurrency investment.
Planning for the future
Concept creation and initial R&D
Marketing and business plan creation, coin and rewards spec’d and proposed to development
Development funded and started, marketing and business plan begins
Website launched, whitepaper published, marketing begins, coin burn prior to exchange listing, ESCODEX listing, Masternodes.Online listing, listings on additional MN and price monitoring sites.
Additional exchange listing(s), web wallet release, contact with crypto escrow services, wallet GUI optimizations, additional marketing
Additional exchange listing(s), iOS and Android wallet release. wallet optimizations, escrow service partnerships created, additional marketing