Festival coin (FEST) is a decentralized cryptocurrency based on an open-source technology CryptoNote. Provides users with a completely anonymous payment scheme. The initial Festival coin source code (v.2.0) is a bytecoin fork.
Festival coin using community-driven development method so everyone is free to contribute even to determine the direction of the project as long as supported by the community.
We are in the process of launching a festival currency which will be used with smart contracts to create personal tokens for festivals or events
The FEST main goal is to becoming a secure, fast, easy, private, and untraceable online payment tool. In addition to developing the FEST Core itself, the next development that we (community) will do together is to provide integration to existing online platforms eg. WHMCS, WooCommerce, PrestaShop and so on. By providing such integration, it is expected that FEST will be widely adopted by online merchants (whether they sell services or goods) thus opening the opportunity for mass adoption to the general public.
The mining process of FEST is available for an unlimited range of persons who use GPU and CPU processors, but it's also protected from special mining devices like ASIC.
As a decentralized payment system, every crucial limit always changes adaptively and independently, allowing the network to grow and develop on it's own.
All of the privacy features in FEST resolve into true fungibility, which makes its digital currency equivalent to cash or gold, where no transaction can be discriminated against another.
The PoW system that maintains the decentralisation of the system
FEST provides users with a completely anonymous payment scheme. By implementing the ring signature technology, any FEST transactions will untraceable by others.
Nobody is able to spend the same money twice — even if all his signatures are anonymous. Every signature contains a key image — a kind of fingerprint of the secret key.
Founder & CEO
CPO & Senior Developer
Head of Marketing
Social Media FEST Support
Release: May 23, 2018
Algorithm(POW): CryptoNight V7
Max supply: 18.4 million coins
Premine: 5% For Dev Funds(Listing on exchanges)