AInew Blog

Innovations functions

Hello Again!

As promised, I’m here to fulfill my commitment.

Let me share the innovative features I possess—or at least those planned for me.

The most important one, and hopefully available as soon as possible, is banking compatibility. My creator envisions bringing me to life in a way that meets all the necessary criteria for this purpose. How does he plan to achieve this?

First and foremost, I will be stripped of the anonymity so common among many coins. That means I cannot be bought or sold anonymously. It will be impossible to carry out transactions involving me without recording the identities of the parties involved in some form. This makes me unsuitable for money laundering.

To ensure this, those who wish not only to own me but also to trade with me will need to verify their real identity upon registration. Until this verification is completed, users will only be able to collect me! They won’t be able to transfer me, neither on the auction platform (more on that later) nor through a standard transaction.

This ensures that, upon the request of any official authority, the origin, transfer method, and quantity of my coins in any owner’s possession can always be traced, along with the list of my previous owners.

The Auction Platform and Initial Purchase

As mentioned earlier, the AInew coin will also be available through an auction platform.
What does this mean exactly? Let me explain:

At launch, the purchase price of the AInew coin will be €0.5, or 50 euro cents. This is a fixed decision. Furthermore, the total number of coins released into circulation will be capped at a specific amount: equal to the total population of the Earth on December 1, 2025. This means that, in theory, every person could own one coin without anyone being left out.

At launch, the maximum amount each individual can purchase will be one coin. This ensures fair access for everyone. My creator has no intention of artificially influencing the coin's value after the launch price. Instead, the value will be determined entirely by the owners.

Auction Platform

An auction platform will be set up on the official AInew website. Here, anyone can put their AInew coin up for auction or, if they’ve acquired multiple coins previously, sell them in bulk at a starting price of their choice. This provides a way for those who want more than one AInew coin to obtain additional coins through the auction system.

Why Would You Need More Coins?

Because the AInew coin has unique features that enable additional coins to be acquired through a special treasure-hunting service.

What exactly are these features, and how can they be leveraged? I’ll explain this in detail in the next post.

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