Gaelcoin (GAC) - Dead Coins

Gaelcoin (GAC) - Abandoned or No Volume | Coinopsy

Gaelcoin was founded in 2014, it is not trading on any exchanges. Gaelcoin was added to the dead coins list due to being Abandoned or No Volume. Founder/CEO is Unknown.

Summary

  • Main reasons for dead coin listing Abandoned or No Volume.
  • Started 2014, Ended 2014.
  • Social media ended 2014.
  • Trading ticker (GAC).
  • 9,393,925 Coins total.
  • Not available to trade on any exchanges.
  • Was built on standalone blockchain.
  • Website is down.
  • The Founder/SEO is Unknown.

Further Details

Notes

When was Gaelcoin created ? Gaelcoin development started in early 2014 to provide an alternative electronic currency for Ireland. How is Gaelcoin different to, for example, Spaincoin or Greececoin? First of all, we only pre-mined 1% of the Gaelcoins leaving the remaining 99% of Gaelcoins available to be mined. This gives the ownership of the Gaelcoin currency to the early adopters and the miners and not the developers. Many other currencies pre-mine 50% of the total avaiable coins which creates an enourmous risk as the the majority of the currency will remain in the hands of a few developers. Secondly, Gaelcoin is not an easy coin to mine. Compared to 99% of all the other cryptocurrencies that have been launched, Gaelcoin has a much higher mining difficulty. This is to create a more stable Crypto-currency as many “pump & dump” miners looking to make a quick buck would stay away from mining the coin.

Links

https://coinmarketcap.com/currencies/gaelcoin/ https://bitcointalk.org/index.php?topic=506076.0 https://twitter.com/Gaelcoin

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