What is APR Coin?
APR Coin is a 100% decentralized Peer-2-Peer Masternode currency that has a fixed low maximum supply implementing Proof of Stake (POS) rewards only. Through the use of substantial POS block rewards, APR Coin ensures that the sole focus of the Masternode currency is to reward those who secure the network. One simply has to leave their APR Coin Wallet open and block rewards will accrue. Once it has been verified that a holder of APR Coin has met staking block reward requirements, they will be issued additional APR Coin as a reward.
APR Coin is a decentralized currency in all senses of the word, as it is run on multiple Masternodes held by APR owners globally and not by any one party. Uses of the currency can be worked on by anyone in the community who is interested. This is possible as APR is a community-owned and open source software under the MIT License, and is not privately held or an incorporated company. APR Loyalty is an example of what some of the core dev team is working on for a use case. However, anyone, anywhere in the world can create their own use of the currency under the MIT License.
In order to ensure minimal impact to the environment, the Proof of Work (POW) mining functionality has not been implemented in APR Coin. Only through well calculated POS block rewards will the coin’s supply grow.
The APR Coin Community have 2 essential focuses:
1.) Creating unique use cases and software deliverables.
2.) Assisting with the adoption of APR as a currency worldwide.