Grime Coin
- Issuer
-
r3Xh1GTVBPooVkc5jWSAtzKXQPPPFJKgb9
Bithomp · XRPScan · XRPL.org - Owner
- Unknown (unclaimed)
- Added by
- XRPLWin Verified
- Devs & Team
- Riche Anderson (Founder/Chief Technical Officer), Rob McCrae (Founder), Blak London (A&R Exec), James Shademihr (Event Promoter)
- Added
- 10.02.2022 13:29 (02/10/2022 13:29) UTC
- Votes
- 0
- Views
- 78
About token
What is GrimeCoin (GRIME)?
GrimeCoin is a token for music and culture. Its purpose is to ensure artists can get value for their creations anytime anywhere they are consumed. Artists can get paid every time their music is played, their video is watched, or merchandise is sold.
GrimeCoin is a utility token used for: * Micro transactions when audio or visual content is streamed online * Fast, easy payments for merchandise and tickets * Payments for digital goods
GrimeCoin tokens can be spent with vendors that support payment by cryptocurrency, or can be exchanged for fiat currency on a supported exchange.
GrimeCoin tools in development include * GrimeCoin Wallet providing a gateway for artists to receive payment for their creative content, and access to applications using GrimeCoin * GrimeCoin Player providing microtransaction payments when audio or video is consumed * GrimeCoin Payments - an SDK and collection of plugins allowing any vendor to accept GrimeCoin as payment for their services.
How many GrimeCoin are in circulation
GrimeCoin launched on December 4, 2021 with a total supply of 100 million tokens. There are currently 3.4 million GrimeCoin ($GRIME) in general circulation.
The GrimeCoin Foundation will distribute 20 million GrimeCoins over five years to creators making music, video, art, photography and other digital content.
55 million will be made available to the public on exchanges. 20 million will go towards the development team to build tools using GrimeCoin. ## Who are the Founders of GrimeCoin
GrimeCoin was created by former DJ and cryptocurrency expert Robert McCrae and developer Adwin "Riche" Anderson who are based in the United Kingdom. The project was born out a lack of fair, fast ways for artists to get paid for their creative efforts.
The two met in high school back in the 1990s, and worked on a collection of music projects in the 2010s including an online radio station, digital platform UKGrime.com and creative projects with Grime musicians in the UK.
Adwin Anderson has twenty years of software development experience, working on web and cloud applications for e-commerce, and FTSE 100 corporations. Robert has been involved in the crypto currency community, as an investor, researcher and evangelist of the benefits of cryptocurrency and blockchain applications.