BlazeCoin has an exciting future ahead of it. But before I go into the coin, let me tell you a little story. Did you know that a large majority of the fire departments in the United States and around the world are volunteer based. Some of those fire departments raise their operating expenses through bingo, door-to-door fundraising, "fill the boot" campaigns, and other creative ventures. But many fire departments are unable to raise the necessary funds due to zoning regulations and other roadblocks.
The average ambulance/medic unit starts at about $150,000 USD and goes up from there. The average fire engine starts at $400,000 and goes up... many times 3 to 4 times that cost. The Blazecoin foundation, which stands behind the Blazecoin, seeks to raise funds to assist these fire departments through grants for equipment and training opportunities. Blazecoin's launch included a premine of 1% which will be used for "matching-funds" during the fund drives.
Over the next few days, we will be opening up much more of the plan for Blazecoin. Blazecoin officially launched on May 23rd with a direct mailing to the International Fire Chief Association mailing list and was joined at launch with a number of local firefighters and volunteers.
So where does this 413 block reward come from? For many years, one of our developers worked as a volunteer firefighter out of station 413. This number is meaningful to him as a firefighter and we thought this would be the perfect way to honor fellow firefighters and volunteers who risk their lives on a daily basis to save others.
If you write about digital currency or have a podcasting/audio report you do about cryptocurrency, we have someone always available to talk and share about how crypto/digital coins have the power to change the fundraising capabilities of volunteer fire departments around the world. Plus, we just like talking crypto. Get in touch with us on Twitter: @Blazecoin or find us in IRC at #blazecoin (freenode).