PutinCoin (abbreviated PUT) is a cryptocurrency that was released on 18 June 2016. It is dedicated to the president of Russia. The decision behind the creation of this coin was based on the need for national cryptocurrency to improve the economy within and throughout Russia’s borders. The coin will provide a lot of services (private and public.) The users will be able to participate in different projects freely as in everything regarding the app and the services. The system works with a combined algorithm for higher security and saves energy. The point of that is the coin to be mined in every part of the world. PutinCoin can be used for gaming, financial transactions, different services for the business and the private sector. PUT coin will be on every exchange market, ensuring a high number of coins that will allow big part of the users to become a member of the PutinCoin family. The max amount of PUT coins is 2,000,000,000.0, and there are 428,404,567.9 circulating which means that 21% of the currency is mined.