What is TagIt?
TagIt.Site Is a photo editing contest & requesting site.
At TagIt.Site you will be able to earn TagIt (IT) by submitting Edited pictures.
All users who submit edited photo’s (of real attempt) will be rewarded TagIt.
The user who submits the best photo edit will be given a pre-determined prize amount.
Prizes will not always be TagIt (IT). Prizes may include item’s such as video cards etc.
Each photo editing contest will be for open for submissions for a pre-determined time.
Users will also be able to submit photo’s for photo editing contests.
Pricing for User submission’s for photo editing contests to be determined at a later date.
Along with photo editing contests, tutorials will also be provided to help those interested.
Contests outside of photo editing will be added.
WTF is TagIt (IT)?:
TagIt (IT) is a scrypt based POW/POS cryptocurrency (digital asset).
TagIt will serve as the primary payment method for TagIt.Site.
TagIt will be given as a reward/bounty/prize for submissions.
TagIt will also be accepted for payments.
More info to come.
Algorithm: Scrypt (POW/POS)
Block Time 60 seconds.
1 = 10000000 x 1 = 10mil Coins
2 – 3 = .101 x 2 = .202 coins
4 – 10004 = 5000 x 10000 = 50 mil coins
10005 – 20004 = 500 x 10000 = 5 mil coins
20005 – 40004 = 1000 x 20000 = 20 mil coins
40005 – 50004 = 500 x 10000 = 5 mil coins
50005 – 70004 = 1000 x 20000 = 20 mil coins
70005 – 80004 = 500 x 10000 = 5 mil coins
80005 – 100004 = 1000 x 20000 = 20 mil coins
100005 – 110004 = 2000 x 10000 = 20 mil
110005 – EVER = .101
POS: 5% @ 5-45 days
155 Mil coins. Actual amount will be around 120 mil because POS will begin to consume POW blocks after 5 days.
Why the Pre-mine?:
There was a 10 Mil pre-mine because at the time I had NO idea if AllionOG would ever be anything or just a coin who’s chain runs with no purpose.
I did however know that in order to promote the coin in the future via bounties etc I would need some pre-mine.
After the Rebrand it was decided that 7 Million of the 10 Million pre-mine will be used for prizes. bounties & promotions.
All Pre-mine use will be documented with amount, use, block & hash for anyone to view.
Wallets can be downloaded from http://TagIt.Site/wallet/TagIt-200.rar
Source can be found at
TagIt & Allion block explorers can be found at http://explorer.allion.life/
This Distribution method is temporarily suspended
Main POW phase has ended
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