EGD coin

Introduction
The EGD (Exclusive Gold Digital) coin is a Peer-to-peer Cryptocurrency of limited volume, which was recently launched on 16th May 2014. EGD uses both Proof-of-work (PoW) and Proof-of-stake (PoS) systems.
This Virtual currency is the first of its kind to be launched with a Business model. Unlike most other alt-coins, EGD is a legal internet asset admitted by governments including China. The creation of this currency stems from its visions:
* to revolutionise business society
* to create a wealth sharing, global economic cycle that will begin to bridge the gap between the rich and poor.
This currency already has a large consumer base in China, with approximately 700 merchants prepared to use these points. Consumers’ attraction to this virtual currency can be observed through its appreciation in value from 50RMB to 61RMB in merely 45 days.<references />
Overview
Other unique characteristics which differentiates it from all other alt-coin:
* If coins go unused for a few years, they will not be treated as “dead” points, and can be retrieved after 5 or years.
* The gaming rules on the mobile phone apps encourage consumption of EGD and promotion of merchants through a simple reward system and discourage storage and mining of EGD points.

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