Released in late June 2013, Crypto Bullion was designed primarily for the purpose of storing wealth. Crypto Bullion is a second generation crypto-currency designed to emulate the properties and supply of gold. It’s the first crypto-currency to display all of the properties of money, while providing the bearer with interest for holding it. Crypto Bullion is also the first to employ its pioneering Proof-of-Stake-Participation (PoSP) algorithm which has taken the strength of traditional proof-of-stake implementations, extreme energy efficiency, and injected revolutionary designs to configure the algorithm for maximum security and function.
Unlike most other crypto-currencies, Crypto Bullion has already completed its volatile monetary base expansion stage and has settled in to its maximum target of 2% expansion per year.
To qualify for interest, an investor must keep their funds unspent in their wallets for a minimum of 1 hour at which point they become eligible to earn greater than 2% compounded interest annually on their Crypto Bullion. Due to Crypto Bullion’s novel PoSP algorithm, the interest reward is variable based on the actual level of network securing participation (staking and minting) at any particular time and is designed to reallocate the reward from non-participating entities (not staking and minting) to those participants who are more deserving for providing the service of securing the network.
Now that the baseline monetary inflation rate has been reached after a year of fair distribution, the annual inflation target of 2% is locked in. There is no better time for the serious investor to get involved and claim a stake in this unique digital asset.
Crypto Bullion (CBX) is a cryptocurrency that clearly was created with a bias towards being a quality investment: energy efficiency, higher security, low inflation, high income and it supports Windows, Linux, Mac & Android
Only approximately 1 million CBX in circulation with a low 2% inflation
Proof Of Stake Participation minimises energy consumption
PoSP rewards CBX holders with high annual interest: averaging from 6% to 12%
PoSP provides maximum security by staking consensus
Crypto Bullion is a digital asset with all of the properties of money. Like gold, it is portable, divisible, fungible, scarce, low inflation, durable, non-consumable, and a store of wealth. It can be stored in a private safe and yet transferred across the globe in minutes.
The development of and around Crypto Bullion never stops. Check below our roadmap for the next planned features.
Decentralized crypto-currencies operate by maintaining a single, automatically agreed upon ledger, which contains a record of all transactions and the balance of all wallets. This ledger, the blockchain, is distributed and updated amongst all participants of the network automatically to enable secure functionality. Currency in this system is stored in wallets which are composed of a private key and a public key. The public key is like an address which can be freely given out and allows others to send money to that wallet. Only the holder of the private key can spend the contents of a wallet; this must be kept secure.
Crypto Bullion is a long established (June 2013) digital precious metal for secure investment and there are wallets available for both home and mobile platforms, with a new online cloud staking system launching soon.
Crypto Bullion (CBX) is one of the oldest crypto currencies on the market, launching months ahead of one of the other popular currencies, Dogecoin.
Crypto Bullion (CBX) is a digital asset with all of the qualities of money. It employs a unique advanced security model which is exceptionally secure and efficient. The problems of today’s debt based fiat currencies find solutions in the cutting-edge decentralized cryptographic currency Crypto Bullion. Designed to function as a store of wealth, Crypto Bullion’s fundamentals emulate the properties and supply of gold.
More information about staking with pools will be available in due course.
Crypto Bullion is developed and managed by a committed team of professional people collaborating from countries all around the world.
CBX Founder / DeveloperFounder, developer, capital investor and concept creator. Elambert has been involved with crypto-currencies since 2011 and created the concept for Crypto Bullion to fill a niche as the digital compliment to precious metals. Crypto Bullion is designed to cater to the long-term investor by offering security, stability, ultra-low inflation and interest earnings. Elambert brings with him an extensive background in business management, entrepreneurship and data analysis.
Marketing Strategy DirectorInstantly recognized the gigantic potential for the Bitcoin protocol upon first hearing about it, he went through the crypto-currency cycle: mining BTC, mining LTC, trading BTC, etc. VonSpass liked the values of our Crypto Bullion: low inflation, high value and rarity. A University graduate in Marketing, VonSpass accepted the challenge to bring Crypto Bullion forward. He has a few ideas in store that will bring CBX to the top of all currencies, and hopefully far beyond.
Senior Coder / DeveloperAlex4J is an initially self taught programmer who later in life pursued professional training and accreditation. Along the way he discovered a passion for cryptography and cryptocurrency and joins the Crypto Bullion Team with a wealth of knowledge and experience in these areas of study and development. Additional to this, Alex4J brings another flavor of culture to the already diverse development team as well as his associated ideas and familiarity with CBX’s target demographic.
Regional DeveloperCryptocurrency enthusiast and a software programmer. He started with Bitcoin in 2013, and later that year found altcoins and mainly Crypto Bullion. "What impressed me the most about CBX at the time was its sound financial parameters." 2016 marked the start of his active participation in the team as the Regional Developer for Portugal, Brazil and the Portuguese-speaking countries. He also participates occasionaly in smaller software development activities for CBX.
Launched Cryptogenic Bullion in June 2013, nearly 6 months before the popular Dogecoin.
CGB is initially a PoW/PoS hybrid coin, with rapidly decreasing Proof of Work rewards, so the initial distribution is quick and orderly.
Cryptogenic Bullion benefits from first wave of altcoin popularity, price soars then comes down again
Cryptogenic Bullion (CGB) is rebranded as the Crypto Bullion (CBX) - new visual items are created with a new campaign
The rebranded CBX is still a PoW/PoS hybrid with most of new coins generated by PoS
CBX is forked to now become a 100% PoS coin - with its special PoSP algorithm
In case you missed it, here's what makes Crypto Bullion a great investment!
It is important that we conduct our due diligence before allocating capital to ensure that we are both on the right side of a trade, and that we are supporting only those projects which deserve the capital.
One thing that will strike the new investor is the sheer number of different crypto-currencies to choose from. The market is still new, and most of these have not been created with sound economic and social fundamentals. When we step back and look at the whole picture, we see a rivalry between miners, who complete difficult calculations to generate new coins, and investors, who are buying coins on the market based on perceived potential. A third unseen player in the market is the scammer. Since there is real capital involved, and due to the anonymous nature of crypto-currencies and the internet itself, these people are known to coordinate pump-n-dump scams and will even create new digital currencies just for this purpose. It is important, as investors, that we conduct our due diligence before allocating capital to ensure that we are both on the right side of a trade, and that we are supporting only those projects which deserve the capital. For a better understanding, see the Market Fundamentals section.
Capital flows can be understood when we realize that there are many different reasons to hold a crypto-currency. They can be held to spend, held to save, held to invest, and used to move funds from one person, place, or market to another. It is important to know this, because predicting changes in demand is how an investor can generate a return. Crypto Bullion functions well for saving because of its low inflation rate, and the interest that can be earned by holding it. The value of Crypto Bullion is not determined by how many markets it can directly trade to, nor by how many businesses and individuals will accept and hold it for spending, but from its fundamentals which allow it to serve as a more stable store of wealth. For live and historic price data on Crypto Bullion, see the Charts and Data section.
Get in touch with the Crypto Bullion Team direct with your enquiries.