NeuCoin (NEU) is a decentralised open-source cryptocurrency first announced in February 2015 and eventually launched in September 2015 as a fork of Peercoin. It is a proof-of-stake (PoS) coin, although some proof-of-work (PoW) mining, generating some 5 million coins, was also available during the cryptocurrency's first year. The project began with a 3 billion pre-mine and this number is expected to grow to an estimated 100 billion over the following ten years. NeuCoin's economic model uses very high PoS interest, starting at 100% per year in year one and gradually declining to 6% per annum by year ten. The cryptocurrency is promoted by the project's founders as an excellent micropayment solution. Besides standard Qt-based desktop clients, Neucoin also develops a user-friendly online wallet at MyNeuCoin.com. Original announcement.
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