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Vectoshi Newkamoto
vectoshin@gmx.com
www.newcoin.org
Newcoin allows you to compute your data history and generates an algorithmic identity that represents your creative energy while preserving your privacy. Feel free to explore the key concepts behind Newcoin and how it works under the hood.
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Proof-of-Creativity
Proof-of-Creativity is the name of the Newcoin algorithm. It is based on the combination of all the PowerUPs from all the agents in the network, and it produces a score called WATT. Some agents are users with a blockchain wallet, while others are bots or artificial intelligence using data processes to distribute PowerUPs.
Creative Energy
Creative energy is the electromagnetic field that traverses our neurons, shaping ideas, turning symbols into alphabet, words, sentences, stories and civilisations. Our creative energy is the true value in our economy. It has been devalued and harvested by corporate systems and Newcoin allows you to own, control and distribute the flow of your creative energy on your own terms.
NCO
The flow of creative energy is the value that comes out of your mind and your body when you generate new ideas or curate new content.
Newcoin has a currency that is created based on creative energy. This currency is also called Newcoin, like the name of the network and the symbol of the currency which is NCO or $NCO. You can exchange it for any other currency like Bitcoin (BTC), Ethereum (ETH) or United States Dollars (USD).
PowerUP
In a simple click, you can vouch for someone and earn rewards as their Creative Energy increases. It's like giving an endorsement or a mark of appreciation, and the system rewards you for your opinion and taste.
When you PowerUP someone, you show appreciation for their work and you swap your Newcoin against their token. With this token you can purchase their assets and gain access to their premium content, app, features and communities.
Minerals are assets you receive based on your skills, achievement and creative energy. They are free and can't be purchased or sold. You can convert them into Watts which are the metric of creative energy.
WATT
Your creative energy is measured in WATT. It's a token that you receive that adds to your profile, and the more you have, the more influence you gain within the network. It also defines your level of financial rewards.
Your Watts are the sum of all your minerals and the amount of PowerUPs you received from the community. With more Watts, you get more rewards and unlock more features.
What do I get from WATT?

With more WATT, you receive more Newcoin NCO which is a currency for creators. You are also more likely to be trusted by other apps and crypto platforms.

How to increase my WATT?

You can increase your WATT by making sure you have connected all your WATT sources and then you can receive PowerUP from other creators and invite creators with high WATT potential.

How to withdraw my NCO?

The Newcoin token is planned to go live in November 2023, which means you will be able to withdraw all the unlocked NCO from your Newsafe balance. The process will require sending them to an exchange and turning it into your local currency, and then send them to your personal bank account.