BitBay is a Proof of Stake cryptocurrency with a 1% APY in staking rewards. BitBay provides many additional tools like smart-contract capabilities, an in-wallet decentralized e-commerce platform, "Pay-to-Email" transactions, asset pegging and more.
| Full Name | BitBay (BAY) |
|---|---|
| Start Date | 2014-07-11 |
| Algorithm | N/A |
| Proof Type | PoS |
| Website | http://bitbaymarket.net/ |
| @BitBayMarket | |
| N/A | |
| N/A | |
| Block Number | 1552490 |
| Block Time | N/A |
| Block Reward | 20 |
| Total Coins Mined | 1,012,146,906 BAY |
| Previous Total Coins Mined | 1,009,952,845 |
| Net Hashes Per Second | N/A |
Distribution of funds:
- 33% of dev fund at completion of ICO / delivery of initial wallet. (This threshold has been met.)
- 33% of dev fund at btc at delivery of wallet with integrated smart contracts (Dec. 5th, 2014)
- 33% of dev fund at delivery of our decentralized marketplace (1st quarter 2015)
- Remaining balance of funds after 60 days of stable marketplace performance. At this time the BitBay team will also be releasing their Phase 2 road map.
Bonus structure:
252-264 satoshi -Day 1
264-276 satoshi -Day 2
276-288 satoshi -Day 3
288-300 satoshi -Day 4
300 satoshi -Day 5
| ICO Status | Finished |
|---|---|
| Token Supply | 1007625990 |
| Start Date | 2014-09-11 |
| End Date | 2014-10-11 |
| Fund Raised (BTC) | 3000 BTC |
| Fund Raised (USD) | 1080000 |
| Start Price (USD) | 0.0009198 |
| Security Audit Company | N/A |
| ICO Legal Form | N/A |
| ICO Jurisdiction | N/A |
| Legal Advisers | N/A |
| Blog | http://bitbay.market/blog/ |
| White Paper | N/A |