Hello fans of Ivan and cryptos,
I stumbled across Ivan on Tech’s channel when he first started making crypto videos. I had been hunting around for good info for a beginner, and his videos were on the perfect level to bridge the knowledge gap. As a programmer, I was hooked, and have rarely put my head up since.
I’ve been developing my own token based on a misunderstanding I had when I was first introduced to cryptocurrency technology. When describing how mining works, many people would say, “the miner needs to solve a mathematical puzzle.” My first reaction was, 'like an iQ Puzzle? What?"
That was quickly cleared up, but the idea lingered, so now, I have released a token called iQCash. (Website: www.iQCash.net)
Roughly 21 million tokens, how it works is that for every iQ Puzzle solved, 1 iQCash is awarded.
I call it POHW - Proof of Human Work.
There will be 21 rounds.
The first round releases 8 million super easy iQ Puzzles.
Each round will release new puzzles that are twice as hard, but there will be half as many.
(i.e. increasing difficulty, decreasing supply)
Late rounds will be so hard they will start including some previously unsolved mathematical puzzles.
What excites me about the project is the possibility that anyone, even if physically or socio-economically disadvantaged, can start using their brain to earn cryptocash to help their lives.
It’s in presale now on the Waves platform, but I hope you get a chance to check it out when the puzzles go live in December.
Cheers,
Paul Schellens
