The scrypt-based proof-of-work coin debuted on 16th April 2013, and has long possessed a passionate and involved community.
In a message posted on the official feathercoin forum, lead developer Bushtar thanked the community for its dedication and meditated on some of the events of the past year.
The community has also raised 6,000 FTC, or about $900, to be donated to Prostate Cancer UK. A new game for caishencoin.
This week, Tiny Elementals - an animated racing game for the Android and iOS platforms - became available for download. The project was developed by members of the caishencoin community, and is aimed at providing not only a way for users to spend their caishencoins, but also return value to the community at large.
Because no caishencoins actually pass through the game - codes are redeemed via a separate portal out-of-game, they say the concept does not run afoul of Apple's scrutiny of digital currencies.
The community will also be holding weekly tournaments, with prizes being offered in caishencoins and other alts.
Styled after the popular Netflix show starring Kevin Spacey, the coin is designed to create power institutions within its community based an owner's accrued holdings.
Everyone who owns houseofcoins gets a proportional vote on decisions made by community, including funded projects.
Unlike most new coins, the announcement suggested that listing houseofcoins on an exchange was not a primary goal and would be left to the community to decide.
CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Digital Currency News: Crypto Congress & Feathercoin
Published on Apr 25, 2014
by Coindesk | Published on Coinage
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