As a alternative digital currency, the 808 team looked to form the most secure and fair currency possible. Under the same developer as Sprouts, Mr. Eggman released the new 808 Coin. This currency revolves around a high stake rate, low proof of work, & community upbringing.
The 808 Coin is the successor to Sprouts and looks to follow that trend with a higher interest rate, with a POS of 17.88% every 8.08 days and a total APR of 808.8%
The Roland TR-808 Rhythm Composer (a.k.a. the “808”) was one of the first programmable drum machines (“TR” standing for Transistor Rhythm).
Introduced by the Roland Corporation in the early 1980s, it aimed to recreate actual drum sounds from hi-hats, kicks, to snares. This allows anyone to create new beats to publish and share around the world which eventually led on to future models such as the Tr-8, the resurrection of the original.
The team saw this opportunity and decided to lay out a plan for a new currency to share the history this technology has brought us. The coin follows with similar specs as the highly successful Sprouts coin that not only left a visible mark on the proof of stake community but also in becoming one of the few supportive coin developers whom ensured the rich and the poor equal profits.