According to whitepaper: 

COVID19 is based on the PIVX blockchain, and its emission will equal the world's total population, or 7.8 billion. The coin's name is symbolic. It aims to counteract the negative consequences of the COVID-19 pandemic, such as loss of job and income, economic uncertainty, and health risks. The advantages of COVID19 include speed (10x that of Bitcoin), scalability, privacy, low fees, and great income opportunities for the coin holders. For instance, any ecosystem member will be able to earn a stable revenue through PoS staking. This transaction validation algorithm is much more energy efficient than Bitcoin mining and doesn't require any professional hardware. Those who hold large amounts of COVID19 will be able to earn even more with the masternode program. Coin holders won't need to launch or manage masternodes on their own: it's enough to stake a certain number of coins, and the system will do the rest. Coin holders will also get access to free personal protection equipment, medical care, and virus testing through a special four-tier insurance program. The ecosystem will feature an intuitive and user-friendly wallet for storing and sending COV19 coins. It will be integrated with a messenger, allowing users to transfer coins to people in their contact list in just two taps. The messenger will be fully decentralized, ensuring maximum privacy. In the future, COVID19 users will be able to earn additional rewards by lending their computational resources to support the messengers’ operations - including the unique video call functionality.

In short, the holders of this coin will receive special treatment, which could include things like coronavirus disease patient can get medical treatment. It also gives holders the rights to earn passive income through PoS staking. 

On the other hand, Covid19 coin will be also serve as native token for the Quan2um exchange. Trader on the exchange can use Covid19 coin to pay trading fee with 50% discount.(Same like Binance, Bitfinex, Kraken etc.)

Take a look what i found from whitepaper:

Those users who have been affected by the ongoing financial crisis will be eligible to join

Quan2um’s exclusive algo trading program. Once a user deposits funds in a special asset

management account, an advanced bot will trade with these funds, generating a high income.

Isn't that great? Imagine you having a financial crisis during covid-19 or some victim who are still sitting on hospital and getting quarantine and you have the opportunity to generatate high income while waiting to get better in health.

Covid19coin: More than just universal coin for payment while also offering revenue opportunities? Image credit: Pexels

How to stake Covid19 coin (Earn passive income)

While holding covid19 coin receiving special treatment, they also decided to add an additional incentive for people to stake Covid19 coin: passive income in the form of Covid19 coin from block reward.

Though it's good to note that Covid19 coin distribution slows down over time . In other words, its easier to get more Covid19 coin by staking than it will later on. This is because as the Covid19 coin ecosystem matures, the system is designed to release less and less Covid19 coin to holders. Therefore, if you're an early adopter, you benefit more.

The Covid19 coin release schedule based on the block height, or how many Covid19 blocks (group of Covid19 transactions that collectively form the Pivx blockchain) there are:

Therefore, since it's easier to get Covid19 coin now, it might be a good idea to get started early if you believe they manage to succeed in this project ecosystem the same way Bitcoin early adopters started early with Bitcoin.

How to calculate the rewards?

From whitepaper:

A node's chances to be selected as block

validator depend on the size of their stake.

Those who stake more COV19 coins will earn

more over the long term, though it's

impossible to calculate the reward in

advance

Too bad they haven't release any further information regarding about this, they might update it soon, because this project not released yet.

Where to buy Covid19 coin

The only way to buy this coin is through the centralized exchange which is Vindax. If you don't have any crypto, you can purchase crypto with your local government currency, such as the dollar, euro, or yuan.

Current trading pair is COVID19/USDT

How to store Covid19 coin

You can store that coin through their official web wallet, Android and IOS. This is some of feature that will be built in the wallet:

(Image source: Covid19 whitepaper)

Covid19 Coin Market Cap

For the current Covid19 Coin market capitalization (Covid19 coin circulation x Covid19 coin price), Check Vindax info

Covid19 Coin News

For the latest news, be sure to check the official Covid19 coin project at covidcoin.ee

Covid19 Coin Telegram Channel updates

For Telegram Channel updates of Covid19 Coin, you can join their telegram channel.

Conclusion

From my personal thoughts, as you could probably tell, im quite bullish for this Covid19 coin project. I think that this technology can do huge impact for crypto industry. Being able to provide medical treatment and solving financial crisis during covid19 is almost important moreover it haven't shown any demand yet. If you believe that this coin will power billion dollar industries in healthcare business. Utilities of this coin depends on the growth of the network. It will also serve million of users that join a community and mostly focus on helping others understand this coin technology.

But i need to hear from you guys, what do you think about this Covid19 coin? What are the most important features for you? I'd love to hear your thoughts in the comment.

Information provided is for informational purposes only and should not be considered financial advice. Investing in crypto assets is speculative and carries a high degree of risk; you may lose some or all of the money that is invested.