Grin (GRIN) Cryptocurrency Economic Model and General Information

What does it do?

Grin empowers anyone to transact or save modern money without the fear of external control or oppression. Grin is designed for the decades to come, not just tomorrow. Grin wants to be usable by everyone, regardless of borders, culture, skills or access.

Key Features

  • Completely Private
  • Highly Scalable
  • Open to Everyone
  • Supports most of the leading cryptocurrency technologies such as: atomic swaps, time locks, payment channels, lightning network, etc.

General information

Company Namen/a
Incorporation daten/a
Incorporation Addressn/a
Websitehttps://grin-tech.org/
Bloghttps://grinnews.substack.com/
Phonen/a

Economic details

Initial Funding & Distribution
TickerGRIN
Token TypeCryptocurrency
Total Supply SoldThere was no ICO
Total Amount RaisedFunding campaigns
Price During the Crowdsalen/a
Hard Capn/a
Whitepaperhttps://download.wpsoftware.net/bitcoin/wizardry/mimblewimble.txt
https://download.wpsoftware.net/bitcoin/wizardry/mimblewimble.pdf
Token DistributionNo information
Distribution of Funds raisedn/a
Crowdsale Daten/a
Sources:
https://grin-tech.org
One GRIN is emitted each second

Social Media

Team

 TitleNameLinkedin
DeveloperAntioch Peverell (Unknown)
FounderIgnotus Peverell (Unknown)
Core developerGary Yu
DeveloperAlexey Miroshkin
DeveloperHendrik Richter
DeveloperQuentin Le Sceller
DeveloperDaniel Lehnberg
DeveloperMichael Cordner
DeveloperJasper van der Maarel

Development

Total number of Commits6 647 Commits (15 Repositories)

Partners

Grin has no major partners yet, but it is already supported by big investment firms and exchanges such as poloniex.

Competitors

Zcash – is a cryptocurrency which allows private transactions while using zk-SNARK (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge).

Komodo – a fork of Zcash which allows users to choose if they want to keep their transaction confidential.

Verge – it uses TOR (The Onion Router) and I2P (Invisible Internet Project) network to become anonymous.

Zcoin – a zerocoin protocol which allows users to be anonymous.

DASH – uses a privacy – centric cryptographic currency which makes the transaction anonymous once a user uses PrivateSend.

Monero – a cryptocurrency which helps users to make private and censorship-resistant transactions.

Bitcoin Private is a unique forked currency as it is a merge of Bitcoin and ZClassic. It has the same privacy features as ZCash.

Bytecoin is using CryptoNote technology which make transactions untraceable and unlinkable.

Hshare/Hcash it uses the same zero-hash proof concept as Zcash which allows fully anonymous transactions.

Fiat Money – physical bills and coins that are used as a medium of exchange and issued by a government. The total supply is unlimited.

Potential market and clients

The main target is a consumer who is protecting his financial privacy. The adoption depends on the implementation of regulations for private cryptocurrencies and how willingness are users to switch from cash to anonymous cryptocurrencies

Utility and economic dynamics

  • GRIN is used to make private transactions