VIPSTARCOIN (VIPS) is a cryptocurrency originated from a community called 'VIP' in 5channel, the largest Japanese textboards.
VIPS is currently being developed by a volunteer programmer and test users. We dev team is targeting for VIPS to be utilized in varied ways as an original cryptocurrency from Japan, setting the final goal for contributing to the society across borders as a convenient method of making donations.
We hope VIPS gains popularity in the real society as well as on the Internet community with the strong support of VIPS holders.
The initial supply of VIPS is 60 billion.
Additional supply through PoS and PoW will be 10 billion in total.
（This will end in 2120.）
■ Reserve for sale: 33.3%
■ Technological Development fee：20.3%
■ Marketing fee: 20.3%
■ Reserve by the dev team：10.0%
Compensation of MINING
For 1~2,000 blocks, the reward of PoS・PoW will be suppressed to 1vips.
VIPS holders are randomly selected as a reward winner of PoS.
The reward rate is as follows.
From 525,601 block, the reward will be halved at each time 525,600 blocks have been mined.
（the lower limit is 100vips
The final block is 53,611,200th.
2,001～53,611,200 block: 100vips
Self lock-up for 2020: total about 24.3BN vips
Further Self lock-up amount will be calculated by end of each year,
while taking management situation and roadmap progress into consideration.
Self lock-up address