Global Denomination (GDN) - Abandoned or No Volume | Coinopsy
Global Denomination (GDN) - Dead Coins

Global Denomination (GDN)

Global Denomination was founded in 2014, it is not trading on any exchanges. Global Denomination 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 (GDN).
  • 56,000,000 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

Abandoned coin, Website down and no social media.

Links

https://web.archive.org/web/20140419231020/http://www.globaldenomination.org/

Screenshot

Screenshot Archived:

COPY PASTE FROM OLD WEBSITE

X11 - THE FUTURE OF GPU MINING

Enables instant payments to anyone in the world for zero or low fees. Target of 1 minute blocks, 40 GDN block reward, The Global Denomination Network is scheduled to produce a total of 56 million GDN.

Official Launch Announcement Update

Written by Global Denomination Dev Team  /  Published: Saturday, 19 April 2014

 

This is the official announcement for Global Denomination, A Global Crypto-currency. We are based on the Bitcoin and Litecoin Networks but with several important improvements that we wanted to implement such as the X11 Hashing Algorithm and faster transactions [1 Min Blocks]. We also wanted our crypto-currency to have a fair Launch when we announced it but we now are planning on pre-mining [0.05%](28,000 GDN) To help us create a funtioning community upon launch day.

We decided this based our experiences prior to launch that we have needed to be able to offer Denominations as an incentives to our users to interact with each other on the forum and to help build our community. Such as, Denominations for the official faucet, tips for posts in the forum, bountys for services and much more.

We are not a scamcoin that is made just to pump and dump, this decision was made to benifit the currency not the dev team.

We have target block times of 1 minute, a starting block reward of 40 GDN, rewards mature after 5 Blocks, Rewards halve after 700k Blocks. A total of 56 million GDN to be mined

The 28,000 GDN Pre-mine will be used in the following way

Total of 8,000 GDN will be used in public bounty's for services and rewards for a period of 6 months - listed in public on gdtalk.org from launch

Total of 2,000 GDN will be made availble to and then given away in the Official GDN Faucet this will be refilled from the kitty if needed

Total of 5,000 GDN will be used over 6 months for marketing, development and gaining exposure for Global Denomination - This will all be documented in the forum

This will leave 13,000 GDN in the dev kitty for forum tips, future development costs, bounty's etc - For the Dev Team to use for the long term benefit of the currency. Any allocated funds that are unused will return to the dev kitty

If we had GDN to offer our users over the last week on the forum, we are sure that we would have more than 7 forum members out of the 100's of visitors we had on the site.

We are not looking to profit from the tiny pre-mine [0.05%] , we merely want to be able to offer incentives to our users / miners during the the launch period and to aid us in the launch of Global Denomination.

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