# 🚀[[ANN] [PoSToken]World's First PoS Smart Contract Token [3rd ROUND AIRDROP LIVE] ](https://bitcointalk.org/index.php?topic=2110712.msg21101925#msg21101925) August 22, 2017, 01:40:52 PM ###### IMPORTANT NOTICE: The trading bounty program is live now. More details here: https://bitcointalk.org/index.php?topic=2110712.msg23578056#msg23578056 # **_PoSToken_** **The World's First Proof-of-Stake Smart Contract Token - _Make Crypto Tokens Different_** ###### Quote **[Website](https://postoken.org/)** | **[Whitepaper](https://postoken.org/whitepaper.pdf)** | **[Github](https://github.com/PoSToken)** | **[Bitcointalk](https://bitcointalk.org/index.php?topic=2110712.0)** | **[Twitter](https://twitter.com/PoSToken)** | **[Slack](https://join.slack.com/t/postoken/shared_invite/enQtMjQ1OTA0MzA4MDAxLThjNWQxNjllNzEyM2VhMDYzMzc3N2I1MDc4NmU3NDM5YzFkNTJlZGIxMmEzMTZmOTgxN2MyYzhkNmYzYzY1MDM)** | **[Contract](https://etherscan.io/address/0xee609fe292128cad03b786dbb9bc2634ccdbe7fc)** | **[Telegram](https://t.me/PoSToken)** ![1.png](https://steemitimages.com/DQmWaK9XVRNKBvBbMF5Ez7m779PHCmojEnQtU3UsxBHwPXJ/1.png)

PosToken is the world's first Proof-of-Stake smart contract token on Ethereum platform. It's an ERC20 Token which follows the ERC20 Token Standard and implements all standard methods.

PoSToken first implements the Proof-of-Stake mechanism, meaning that holders of PoSToken can earn some extra tokens just by holding PoSToken for a period of at least 3 days, greater than or equal to The Minimum Coin Age.

PoSToken is the first implementation of PoSTokenStandard, a brand new unofficial Ethereum Token Standard, which is defined in the code of PoSToken and is devised specifically for issuing Proof-of-Stake Tokens. PoSToken is just a start of Proof-of-Stake tokens and the PoSTokenStandard will help developers issue more PoS tokens in the future. That's the real purpose of PoSToken. We believe that a new era of Crypto Tokens starts here.

![2.png](https://steemitimages.com/DQmVvRabEUJFcPi6bYJP9K9Yi2RGeBZ9HUiWRLX1Kp8dV4S/2.png) **• Name:** PoSToken **• Symbol**: POS **• Decimals**: 18 **• Standard**: ERC20 & PoSTokenStandard **• Platform**: Ethereum **• Maximum Total Supply**: 10,000,000 POS **• Initial Supply**: 1,000,000 POS **• Minimum Coin Age**: 3 Days **• Maximum Coin Age**: 90 Days **• Contract Address**: [0xee609fe292128cad03b786dbb9bc2634ccdbe7fc](https://etherscan.io/address/0xee609fe292128cad03b786dbb9bc2634ccdbe7fc) ![3.png](https://steemitimages.com/DQmSvDvCV2JQqwd8e8w38kEVJCftzRtpmhqPNHhGgUHfvST/3.png) Code: [{"constant":true,"inputs":[],"name":"name","outputs":[{"name":"","type":"string"}],"payable":false,"type":"function"},{"constant":false,"inputs":[{"name":"_spender","type":"address"},{"name":"_value","type":"uint256"}],"name":"approve","outputs":[{"name":"","type":"bool"}],"payable":false,"type":"function"},{"constant":false,"inputs":[],"name":"mint","outputs":[{"name":"","type":"bool"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"totalSupply","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"coinAge","outputs":[{"name":"myCoinAge","type":"uint256"}],"payable":false,"type":"function"},{"constant":false,"inputs":[{"name":"_from","type":"address"},{"name":"_to","type":"address"},{"name":"_value","type":"uint256"}],"name":"transferFrom","outputs":[{"name":"","type":"bool"}],"payable":false,"type":"function"},{"constant":false,"inputs":[{"name":"timestamp","type":"uint256"}],"name":"ownerSetStakeStartTime","outputs":[],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"maxTotalSupply","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"decimals","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":false,"inputs":[],"name":"getBlockNumber","outputs":[{"name":"blockNumber","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"chainStartTime","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[{"name":"_owner","type":"address"}],"name":"balanceOf","outputs":[{"name":"balance","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"stakeStartTime","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":false,"inputs":[{"name":"_recipients","type":"address[]"},{"name":"_values","type":"uint256[]"}],"name":"batchTransfer","outputs":[{"name":"","type":"bool"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"owner","outputs":[{"name":"","type":"address"}],"payable":false,"type":"function"},{"constant":false,"inputs":[{"name":"_value","type":"uint256"}],"name":"ownerBurnToken","outputs":[],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"symbol","outputs":[{"name":"","type":"string"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"totalInitialSupply","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":false,"inputs":[{"name":"_to","type":"address"},{"name":"_value","type":"uint256"}],"name":"transfer","outputs":[{"name":"","type":"bool"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"annualInterest","outputs":[{"name":"interest","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"stakeMinAge","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"chainStartBlockNumber","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[{"name":"_owner","type":"address"},{"name":"_spender","type":"address"}],"name":"allowance","outputs":[{"name":"remaining","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"stakeMaxAge","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"maxMintProofOfStake","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":false,"inputs":[{"name":"newOwner","type":"address"}],"name":"transferOwnership","outputs":[],"payable":false,"type":"function"},{"inputs":[],"payable":false,"type":"constructor"},{"anonymous":false,"inputs":[{"indexed":true,"name":"burner","type":"address"},{"indexed":false,"name":"value","type":"uint256"}],"name":"Burn","type":"event"},{"anonymous":false,"inputs":[{"indexed":true,"name":"_address","type":"address"},{"indexed":false,"name":"_reward","type":"uint256"}],"name":"Mint","type":"event"},{"anonymous":false,"inputs":[{"indexed":true,"name":"owner","type":"address"},{"indexed":true,"name":"spender","type":"address"},{"indexed":false,"name":"value","type":"uint256"}],"name":"Approval","type":"event"},{"anonymous":false,"inputs":[{"indexed":true,"name":"from","type":"address"},{"indexed":true,"name":"to","type":"address"},{"indexed":false,"name":"value","type":"uint256"}],"name":"Transfer","type":"event"}]

![4.png](https://steemitimages.com/DQmd1PHtA3m35iVh56KSBytAqkKpQfpvAcoKgtBLWKusPnt/4.png)

• 1.Go to MyEtherWallet • 2.Click "Send Ether & Tokens" • 3.Unlock your wallet • 4.Click "Add Custom Token" • **5. In the "Address" field, input the contract address: 0xee609fe292128cad03b786dbb9bc2634ccdbe7fc** • **6. In the "Token Symbol" field input: POS** • **7. In the "Decimals" field input: 18** • 8. Then click "Add" and you will see your PoSToken in the wallet. ![5.png](https://steemitimages.com/DQmUzL9udPDBFiRFSGK4hc4eB8kGzozPuJFtmtohdukG7M9/5.png) • **Year 1** : 100% • **Year 2** : 50% • **Year 3 - 15** : 10%

According to the above annual interest,the Max Total Supply of PoSToken (10M POS) will be reached in about 15 years.Once 10 Million is reached, no more PoSToken will be generated via PoS.

![6.png](https://steemitimages.com/DQmeSYGtZAcBBG92vZb1yLUmDwwPn18C9EykMfRLqTHNiok/6.png)

By considering the convenience of use and the consumption of less gas, PoSToken provides two methods to trigger PoS mining. However, the basic premise of starting PoS mining is that you should have held some PoSToken for a period of time, greater than or equal to The Minimum Coin Age. Then you can start PoS mining by:

**1.Sending a transaction to your own address with any amount of POS.** We recommend this approach which can easily be done with any Ethereum Wallet. **2.Using MyEtherWallet.com or Mist or any other software that can interact with contracts to execute mint() function.**

For now you have to use MyEtherWallet.com or Mist or any other software that can interact with contracts to execute this function. It maybe a little inconvenience for you, need to have some practical experience of interacting with contracts. But don't worry about this, we have taken this into account and a Wallet for Proof-of-Stake tokens has been added to our development plan. We will soon release the first version you can test. By using our PoS Token Wallet, you can easily start PoS mining just by clicking one button. Worth mentioning that the wallet will support any tokens based on the PoSTokenStandard.

In addition, PoSToken's contract also provides two functions for query: Code: function annualInterest() constant returns(uint); Return current annual interest. Code: function coinAge() constant returns(uint);

Return coin age of your account. Return 0 means that your coin age doesn't meet the min coin age now.If you are not sure about your account's coin age, you can execute this function for query.

**Step-by-Step Tutorial on How to Start PoSToken PoS Mining**: https://bitcointalk.org/index.php?topic=2110712.msg21934703#msg21934703 **Online PoSToken Proof-of-Stake Mining Calculator**: https://calculator.postoken.org ![7.png](https://steemitimages.com/DQmQK7bnxuf7z574UhZqv3fx9FU465Wi9jbUu1sMTj12Ley/7.png)

Coin age is simply defined as token amount times holding period.In a simple to understand example:

1.If Bob received 10 tokens from Alice and held it for 60 days, we say that Bob has accumulated 600 token-days of coin age.

2.Additionally, when Bob spent the 10 tokens he received from Alice, we say the coin age Bob accumulated with all tokens in his account had been consumed (or destroyed).

![8.png](https://steemitimages.com/DQmVxdgb6yr3MxQj59zsgNEtSs72UU9ckmpVmwvXcd5pz83/8.png)

After the contract deployed, only 1Million POS, 10% of the Max Total Supply, will be created as the Initial Supply

• **Development**: 100K • **Marketing**: 50K • **Bounties**: 50K • **AirDrop**: 800K ![9.png](https://steemitimages.com/DQmaYpRANM27pXzUpY8p4HPj9sJACz3KRiwZHnfFHTRKxAY/9.png) • **Development Address**: [0xebc3b544293e1e61ff20dfeefc15929bb18443a6](https://etherscan.io/token/0xee609fe292128cad03b786dbb9bc2634ccdbe7fc?a=0xebc3b544293e1e61ff20dfeefc15929bb18443a6) • **Marketing Address**: [0x0bf4ce7a5bba9a8f1314189c0f26ee369850f4d5](https://etherscan.io/token/0xee609fe292128cad03b786dbb9bc2634ccdbe7fc?a=0x0bf4ce7a5bba9a8f1314189c0f26ee369850f4d5) • **Bounties Address**: [0xd25fc980186c349ed0cd0a40d54bce30793502d3](https://etherscan.io/token/0xee609fe292128cad03b786dbb9bc2634ccdbe7fc?a=0xd25fc980186c349ed0cd0a40d54bce30793502d3) • **AirDrop Address**: [0x1dae548c0539870bb142704293c12b58c0b2053a](https://etherscan.io/token/0xee609fe292128cad03b786dbb9bc2634ccdbe7fc?a=0x1dae548c0539870bb142704293c12b58c0b2053a) Token Tracker on Etherscan: https://etherscan.io/token/0xee609fe292128cad03b786dbb9bc2634ccdbe7fc#balances ![10.png](https://steemitimages.com/DQmezEUHYzNTZaX2E2zjtCRSsCBRSMoKL1dNdUz3PpjQxUY/10.png)

Note: **Pos on NovaExchange isn't PoSToken.** ![11.png](https://steemitimages.com/DQmRSpHA8GSp6FhCwqZHLesqti7zjpeer87BqMV3c8aLPEe/11.png) • ~~1st Round of Free Airdrop~~ ENDED [Distribution List of 1st Round Airdrop](https://postoken.org/1st_round_airdrop_result.txt) • ~~2nd Round of Free Airdrop~~ ENDED [Distribution List of 2nd Round Airdrop](https://postoken.org/2nd_round_airdrop_result.txt)

# • 3rd Round of Free Airdrop

• The 3rd round airdrop will also last for 2 weeks, start on October 16th, 2017 at 15:00 UTC and last until October 29th, 2017 at 15:00 UTC.

• Same as the 2nd one, the 3rd Round Airdrop is totally unconditional (no twitter restrictions) and free, all you need is a bitcointalk account.

• The airdrop will stop immediately when the airdrop supply (currently 457,794 POS) are all claimed.

• All the remaining tokens that haven't been distributed after the 3rd round airdrop, will be distributed to token holders proportional to the number of tokens they hold.(This distribution will be divided into several rounds, more detail will be updated after the 3rd round airdrop ends.)

• If you have already participated in the 2nd round airdrop, you should not have to register again.

• We will do our best to make the airdrop as fair as possible.https://steemitimages.com/DQmVyp7GyB6Zv83Pqmb7dX3bMjtMa4irNsu5LYkiRRK1RwJ/grin.gif

# • 3rd Round Airdrop Rules

• 1.One person can only register for once. If it is discovered that multiple registrations belong to the same person, your registration will fail.

• 2.All members include newbies are eligible.

• 3.All accounts registered on bitcointalk.org after August 22, 2017 are not qualified.

• 4.Bitcointalk accounts with negative trust are not qualified.

• 5.All accounts who accept airdrop should pay close attention to PoSToken including our ANN thread and website and twitter or others from official.

• 6.Final explanation right belongs to the PoSToken Dev Team.

If your account meets the above conditions, you can get: **Rank**...................... **Distribution** **Newbie**.................... 3 POS **Junior Member**....... 10 POS **Member**.................. 15 POS **Full member**............ 20 POS **Senior member**.......... 25 POS **Hero member**............. 30 POS **Legendary member**.... 35 POS # • 3rd Round Airdrop Bounty Program

On our new "PoSToken Free Airdrop Platform", you can also get additional rewards by participating our bounty program. We currently offer signature bounty, telegram bounty, youtube bounty, airticle bounty, referral bounty. Btw, before applying, you must register a acount on our platform. Details are as follow:

Quote • Signature Bounty Rewards: • 2.Junior Member: 1.5 POS / Day • 3.Member: 2 POS / Day • 4.Full member: 2.5 POS / Day • 5.Senior member: 3 POS / Day • 6.Hero member: 3.5 POS / Day • 7.Legendary member: 4 POS / Day Rules And Terms: • 1.Participants must make at least 1 valid post per day. • 2.Only user with rank of Jr.Member and above can claim for the signature bounty. • 3.Spamming, low quality posts, copy paste and off topic posts will not be counted. • 4.Posts must be at least 15 words long to qualify. • 5.Participants can post anywhere in the bitcointalk forum you wish. • 6.You should not have a negative feedback on your profile. • 7.Once you applied, you cannot change the signature until the airdrop ends. How to apply: • Fill the form on "PoSToken Free Airdrop Platform". LINK >>https://airdrop.postoken.org/auth/register.html (The site will be available when the 3rd round airdrop starts)

Quote

• Telegram Bounty Rewards: • 5 POS Rules And Terms: • 1.You must join our official telegram group https://t.me/PoSToken. How to apply: • Fill the form on "PoSToken Free Airdrop Platform". LINK >> https://airdrop.postoken.org/auth/register.html(The site will be available when the 3rd round airdrop starts)

Quote

~~Youtube Bounty~~ - New claim for youtube bounty won't be accepted anymore. Rewards: • We'll divide all videos in 3 categories and will reward them as follows: • High Quality: 150 POS / Video • Good Quality: 100 POS / Video • Normal Quality: 50 POS / Video Rules And Terms: • 1.The video must be original and created by you. • 2.Your video title must include the words "PoSToken","Free Airdrop". • 3.Only accounts with at least 50 real subscribers are allowed. • 4.The video should talk about our project positively. • 5.The content could be introduction to PoSToken, information about our airdrop, PoS mining guide or other thing as long as it contains correct information. • 6.One person can apply at most twice. How to apply: • Fill the form on "PoSToken Free Airdrop Platform". LINK >> https://airdrop.postoken.org/auth/register.html(The site will be available when the 3rd round airdrop starts)

Quote

• Airticle Bounty Rewards: • We'll divide all videos in 3 categories and will reward them as follows: • High Quality: 30 POS / Airticle • Good Quality: 10 POS / Airticle • Normal Quality: 5 POS / Airticle Rules And Terms: • 1.Must contain more than 300 words and not be directly copied from website or ANN thread. • 2.You can post your airticles on your own website/blog or Reddit/Steemit/Hackernews/Medium or other similar resource. • 3.Airticles can be written in any language. • 4.Must have graphic materials (images) and 2+ links to postoken.org/ANN thread • 5.Must contain only unique content. • 6.Must be publicly accessible. • 7.The content could be introduction to PoSToken, information about our airdrop, PoS mining guide or other thing as long as it contains correct information. • 8.One person can apply at most three times. How to apply: • Fill the form on "PoSToken Free Airdrop Platform". LINK >>https://airdrop.postoken.org/auth/register.html (The site will be available when the 3rd round airdrop starts)

Quote

•Referral Bounty Rewards: • The more people you refer to our airdrop, the more PoSToken you will earn. • 5 POS / Valid Referral How to apply: • Once you registered, you will be offered an unique referral link.(DO NOT SPAM!)

Quote

•Extra Bounty We will offer extra bounty for 10 members who have special contribution after the second round airdrop (150 POS / member), including republish or help to promotion or keep active in this thread or sth else.

Quote

•Trading Bounty We will offer trading bounty for those who buy POS on EtherDelta. More detail will be updated in the next few days. Rewards: • (Your Total Buy Amount - Your Total Sell Amount)*10% Rules And Terms: • 1.Trading bounty is for people who bought POS on EtherDelta. • 2.30,000 POS are allocated for trading bounty.The trading bounty program will be closed immediately when 30,000 POS are all claimed. • 3.Trading bounty will be sent to buyers proportional to the number of tokens they bought on EtherDelta. Reward Calculation Formula: (Total_Buy_Amount - Total_Sell_Amount)*10% • 4.The reward list will be updated daily. If you've just bought some POS on EtherDelta, but your address isn't shown in the list, be patient and wait for the update. • 5.The trading bounty program will last until October 31th, 2017 at 15:00 UTC. The trading bounty will be sent to the buyer's address after all airdropped tokens of our 3rd round airdrop are distributed. [Reward List**](https://airdrop.postoken.org/trading/bounty)

![12.png](https://steemitimages.com/DQmRh12JUJFz73Tch4E8121WKwLhf1bfWTq2rBFVw2qmLXV/12.png)

• ~~Translation Bounty Campaign:https://bitcointalk.org/index.php?topic=2148825.0~~ Closed • ~~Logo&Banners Contest:https://bitcointalk.org/index.php?topic=2195516.0~~ Closed More campaigns coming soon.

![13.png](https://steemitimages.com/DQmTg7oZirQ8x9XwDai7wBhFnzSu7yu7wkhw9CpAa59RTae/13.png)

• **PoS Token Creation Service** Q3/2017 • **Multi-PoS-Token Wallet** Q3/2017 • **PoS Token Block Explorer** Q4/2017 • **PoS Token Decentralized Exchange** Q1/2018 • **PoS Mining Pool** Q2/2018 This is a summary of our roadmap, more details will be updated after the airdrop completed. ![14.png](https://steemitimages.com/DQmaePLfDvVdEchA8Cid4mY1MTJFgD7DwRA7fBbqM9AcWbE/14.png) • **German**: https://bitcointalk.org/index.php?topic=2149347.0 • **Japanese**: http://bitcoingarden.org/forum/index.php?topic=18827 • **Spanish**: https://bitcointalk.org/index.php?topic=2150330.0 • **Russian**: https://bitcointalk.org/index.php?topic=2134521.0 • **Portuguese**: https://bitcointalk.org/index.php?topic=2151249.0 • **Turkish**: https://bitcointalk.org/index.php?topic=2153802.0 • **Hindi**: https://bitcointalk.org/index.php?topic=2155808.0 • **Indonesian**: https://bitcointalk.org/index.php?topic=2154772.0 • **Chinese**: https://bitcointalk.org/index.php?topic=2157848.0 • **French**: https://bitcointalk.org/index.php?topic=2158818.0 • **Croatian**: https://bitcointalk.org/index.php?topic=2167148.0 • **Italian**: https://bitcointalk.org/index.php?topic=2169168.0 • **Romanian**: https://bitcointalk.org/index.php?topic=2171952.0 • **Skandinavisk**: https://bitcointalk.org/index.php?topic=2172218.0 • **Geek**: https://bitcointalk.org/index.php?topic=2190170.0 • **Polish**: https://bitcointalk.org/index.php?topic=2198646.0 • **Filipino**: https://bitcointalk.org/index.php?topic=2199757.0 • **Dutch**: https://bitcointalk.org/index.php?topic=2201919.0 **Any future update and announcements will be posted here ! 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