Guys I will say it one more time in normal sized font so as not to offend, be true to yourself and be true to the ideals this coin supposedly fosters.
The Dev has to complete distribution and give an accounting of that completed distribution or this coin will never see 300 SAT or 200 SAT ever again, you are now at a net worth close to 1 million dollars and you can not rely on anyone simply typing I sent out coins to 430 ppl, the potential for fraud is vast, you have to have it documented both in list form and by the blockchain.
Don't let greed and fear of not getting staked cloud your vision or prevent you from voicing your valid concerns, this will only let the Dev out of this his most basic responsibility, if you do than this coin is a joke and will always be a joke never realizing any potential that was there.
I agree.
Dev tells me there are 10m coins left for distribution, but he has 50 people he could send to. Considering distributing 200k to each, but worried about community response.
1. I don't have proof or audit figures myself.
2. The premise seems reasonable and I am inclined to give benefit of doubt provided there is some evidence eventually.
3. What does the Community think of a last distribution of 200k to 50 people ?
If this is not agreed what shall the dev do ?
I have seen this sort of situation before, and people fret and get upset , but it gets worked out anyway. I am impartial either way because if I want coins I am going to have to buy some with my BTC. I have already put in 10x the time value of work for the coins I got.
Are there
only 10m coins left for distribution?
If I understand correctly, I saw the number is 80m instead of 10m.
Where is the other 70m?
Yes, we need a stakeholder list.
Guys, if you are looking at this thread, you will find these truths. I got confused as I can't figure out what the dev is planning to do. You, bro, can judge it.
1. The distribution lasted one month now, since 25th, March.
2. the dev said 470 stakes have been distributed at 1st round, and ~330 stakes have been distributed at 2nd round. Anyway, we didn't see a list of 1st round stakeholders. And I know there are a lot of ppls who are in the 2nd round raw list (~283 names in ecoiner) didn't get their stake in 2nd round distribution. Where did their stakes go?
3. After the dev said 196mil coins were lost, the dev said that there were 80mil coins left for the "final round distribution" (so called re-consideration). Now you said there were only 10mil coins left for distribution. Where did the left 70mil coins go?
4. The dev said he is very busy. The distribution has been paused for half month. So what was the dev busy on? Cash out on new exchanges? I don't know. But the dev knew that. And the re-consideration form (online) is "under-testing" for weeks. I don't know what difficulties there are to setup it. As the reconsideration form is similar to the former one, just need some minor changes. I don't know why the dev don't want to do it as it's easy if he is planning to do so. The ony explanation is he NEVER want to do so.
5. The dev asked us to vote on each exchanges. But he always prevented us to sell on exchanges (he threaten ppl : blacklist you if you sell your COMM). Do you think it's wired? Encourage exchanges to add COMM, but don't want our stakeholders to trade. So what's the purpose of being on exchanges? Only let the dev himself sell his coin, right?
6. How many coins are still in the hand of the dev? we don't know, at least before a full stakeholder list is released. But I can't expect the dev is planning to release one.
7. The dev never talked about the huge interests from PoS of initial COMM. I guess there are at least 8mil to 10mil interests in the hand of the dev. He never mentioned these interests as they never exist.
Think about them. So is COMM the coin of the community or the coin of the only dev?
