The crypto-currency market has a plethora of new currencies that are deployed each day, with lot of promises. Most bite the dust within weeks and often are just an elaborate scam to make a quick buck. Aquila in the past was one such coin deserted by its original developers; with very little hope for the future. During this time, we found many other masternode coin projects failing and communities left helpless seeing their investment drain for very low or no returns.
The beauty about the core concept of a crypto-currency is about being a decentralized currency system. One that is not controlled by one person and a really true system should be one that would be able to thrive despite the presence of its creator or manager. After all, the community is the biggest believer in this concept and should be the first to help keep this alive. True to the spirit of this thought, a few community members stepped up to revive the original project and continue the journey.
What followed next was truly a fairy tale. We found so many community members who were willing to provide their support and contribute with skills that would make this project a success. The revival of Aquila is truly a proof of the community strength.
Whilst we were able to revive Aquila we found every day other projects around us fail and more members of the community impacted by this. We knew the feeling all too well and decided it is time to make a difference. The idea of the new Aquila team was born from these situations with keeping one main concept – Community helping community.
A high level roadmap for the project is shown below. We will continuously strive to improve our roadmap to deliver strong growth.
This means we also use the same Proof of Stake (PoS) consensus system algorithm allowing all owners of Aquila to participate in earning block rewards while securing the network with full node wallets.
Aquila is an open source crypto-currency focused on fast private transactions with low transaction fees & environmental footprint. It utilizes a custom Proof of Stake protocol for securing its network and uses an innovative variable reward mechanism that dynamically balances the split of block rewards between masternodes and staking nodes. The goal of Aquila is to achieve a decentralized sustainable crypto-currency with near instant full-time private transactions, fair governance and community intelligence; with a distinct difference – Community helping community.
Aquila will become an acquisition platform where we help other projects in similar situation. Our team will be structured in such a way that we will be able to mobilize the right resources to support a new community that has been deserted by its developers and help them revive their project, much the same way as we did.
Aquila masternode owners will have a special platform called the Aquila Community Platform (ACP) which will be used to vote on a project that requires support. Aquila will design a web platform where each deserted community can apply for such support. Every quarter these applications will be reviewed and a community voting will occur. The project that gains the most support will be selected.
We will not be committing to helping any project without seriously considering its viability. This is something we take extremely seriously. We will only commit to support a project if the community is committed and we see proof of some good work already initiated.
Varying depending on block height
70% Masternode, 30% Stakers
1,250,000 AQX – 4.16%
Premine / POW