JuggaloCoin

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File Format
Name JuggaloCoin
Ontology
Released 2014

JuggaloCoin is a digital currency (of the Bitcoin vein) aimed at fans of the music group Insane Clown Posse, who are known as Juggalos. The initial distribution of the coins (known as the "Hatchet Drop", consisting of 470,890 coins in 2,170 bundles of 217) is designed to get them into the hands of people proving their status as true Juggalos, and then the use of the coins in a manner that "keeps them in the family" is encouraged. "International Juggalo Day" of February 17 is promoted by the JuggaloCoin community.

Characteristics

  • Algorithm: SHA-256
  • Initial Block Reward: 535 Coins (Halving every 50,000 blocks)
  • Target Block Time: 60 seconds
  • Total Coins: 53,500,000

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