COIN SPECIFICATIONS

Name: Konjungate
Ticker: KONJ
Type: Hybrid, POS / POW / Masternodes
Algorithm: neoscrypt
Total Coin Supply: 21 billion
Block Reward: 1000 KONJ

Reward Distribution:
1000 KONJUNGATE / Block. shared as follows:
POW: 250 KONJ (no charity fee taken from POW)
POS: 195 KONJ
MN: 455 KONJ
Charity: 100 KON

Block Time: 1 Min.
Masternode Collateral: 600.000 KONJ
Block Size: 1MB

Premine: 409.000.000 KONJ
for SWAP/Charity- and Developer Fund

80% of the premined coins will be used as a gift for artists (in form of calls, scholarships, art-institutions like museums and the MACHFELD-Foundation.

20% for Markting & Development.

The MACHFELD-Foundation (in establishment) is setup as a legal entity.
So the premined coins are not going to a single person. It is also a booster for the international art-scene. And it will stabilize the token price during art-buyings.