Wednesday, July 16, 2014

Hyper: A Scrypt Based Pure PoS Coin with a Space MMO Vision

Courtesy of Hyper

HYPER Accepted: HFAYaPTdEnHWzsxSj11n9Z2grAPUKBnpqM

Hyper is a next generation cryptocurrency with an unique form of distribution concept of staggering stake distribution.  The open source software was launched on May 25st, 2014 by fully anonymous member of Bitcointalk.org by the name of HYPERfuture, created on May 10th, 2014.  The crypto identity of HYPERfuture and over 10 dev team members remains unknown.  The technology built upon the integration of Hyper into online gaming is useful to the crypto world. and on a grander scale, can benefit the online gaming and crypto community as a whole.

Introduced as an innovative altcoin that has the Scrypt proof of work algorithm with a 30 second block timer and coin control capabilities for controlled staking.  There is a total of 60,000,000 coins and is a fully operational proof of stake coin with a 5% monthly interest rate during a 5 year period in Stage 1.  After Stage 1, the annual interest rate will increase to 10% in Stage 2 and will last about another 5 years until transitioning into Stage 3 which will conclude with a 2% annual interest rate.



The concept behind Hyper is based on community support and game development support.  Hyper had a small premine of 2.5%, which calculates to 1,500,000 coins for promotional and development purposes.  As a result, the initial costs and continued costs are being covered from the premine funds with full transparency which allows anyone to track where the funds are going to prevent misuse of the funds.  The Hyper community members have bonded together to help spread the word about Hyper for further development of their technology and have solicited over 10 developers to work on various projects ranging in a variety of specialties.

Community members also have other means to earn HYPER through completing a variety of tasks for compensation.  The Hyper forum has a list of giveaway tasks for free HYPER such as subscribing to Hyper's Reddit page, tweeting about Hyper, etc. (http://hypercrypto.com/forum/index.php?board=10.0).  Hyper also features a HYPER Distribution page for free HYPER as well with tasks such as voting on exchanges, blogging about Hyper, etc. (https://bitcointalk.org/index.php?topic=695339).  All these giveaway funds are all allocated from the premine for promotional purposes to encourage the community to spread the word about Hyper.


The birth of Hyper came to be from HYPERfuture's fascination with space strategy games such as Masters of Orion II, Galactic Civilizations, Alpha  Centauri, and Endless Space along with Galactic Milieu, an open transaction project by a Bitcointalk.org member by the name of MarkM.  Galactic Milieu allowed users to create contracts with another user in Bitcoin and Devoin, however accessibility was a major issue.  HYPERfuture spent the past year developing Hyper to be a cryptocurrency to help sponsor the development of their space-based strategy MMO where HYPER is the in game currency that can be used to barter and trade for in game resources.

Hyper has the main goal of creating a space online MMO game with in game currency of HYPER which is still in development, but they have released other online games that have integrated HYPER into the game.  The Hyper community have developed HYPER supported game servers for Minecraft, Counter Strike, Counter Strike: Global Offensive, and is currently developing a server for Zandagort with a built in free market exchange platform.  If the devs are able to pull this off for Zandagort then this will be the first for any cryptocurrency and any space based MMO game.  The anticipation is running high for crypto enthusiasts and gamers alike.  Players are able to play and earn HYPER at the same time as a form of human mining for cryptocurrency.


Hyper is not your typical altcoin because no other altcoin dev would give you a chance to earn coins in such an enjoyable manner such as playing a variety of online games.  There is a promising future for the Hyper community, but the only drawback that may deter future investors from buying HYPER would be the anonymity of the dev himself.  If you can ignore the risk of trusting the unknown then you may find Hyper to be a long term investment.



Facebook:  https://www.facebook.com/hypercrypto
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