FourTwentyOne – 421
Because we where too stoned on 420
A typical stoner coin. Its almost 3 years old and is still a work in progress.
The main developer created it to take advantage of a APR of 421%
Thanks to the way too high staking rewards, its now a heavy inflated coin with a total coin supply of over 60 billion coins
In 2019 many users where complaining about the main developer working against the coins community and for some unknown reason tried to kill the coin and use its channels to promote his other
high APR coins instead.
Which had the result of the coin being delisted from exchanges and all users who complained was banned from the coins main discord channel.
In the end of summer 2019, one user had enough and did a forced take-over which ended up with the whole community supporting him making the future of the coin bright again.
421 is now a NerdLabs project which is a group of developers who has a thing for old school cryptocurrencies and use a lot of their free time to keep them running.
The future plans is to reduce the APR and stop the massive inflation and make it a more user friendly coin
When done, the goal is to go all in to get user adoption and services up and running
FourTwentyOne – 421 Specs:
Total supply – 64 Billion coins (Feb-06-2020)
Algorithm – Sha256 PoS (Proof-of-Stake) 421% APR