Also the premine isn't getting destroyed we are going to use it to support the coin and allow continuous development, if people want these services to happen funds are needed to develop. PoS is also fully working as some have already received stakes so no PoS in the code is just completely wrong and misinformation. Bounties will be paid out shortly for those marketing.
Regards,
Raxe.
So if you really got something good going here then your prices will rise, but you premine is too Hugh, it will scare off people.
Let's say your coin makes it to 20,000 Sat (which I doubt with that 2,000,000 premine you hold) you will have 400 BTC which at current market prices (at time of writing this) would equal = $228,800.00 US dollars. Don't you think that's a little too high? I know it's doesn't take more than $50,000 for what you are currently developing.
With so much money in hand, you can easily dump your stash, I'm not saying you will but you leave no space for re-assurance here. It would be really easy for you to just dump it slowly and run away from it all. If you want people to trust you atleast cut the premine in half, that would still leave you with over $ 110,000.00+ US funds, and I still think thats exaggerated, you would still be making a killing!. I can't imagine anyone needing a whopping $200K+ for development of your type, you are just killing the coin this way.
Stand up for your investors and show them your serious and that their investments are actually safe and worth something, Cut that premine from 2% to 0.5% - 1% and then maybe you would have something good here. The lesser the premine the more people will trust you. Until than, it looks like a big joke to many of us. Just my 2 bits.
SO, an average software developer can make 40-100k+ a year... and you are saying that a speculative 228k is far too much for a team doing what distro is?
100000 bux is not a killing and barely the average annual salary of a talented developer.
And then expect them to dump all the coins for one measly payout of a quarter million bux?
Not sure you're seeing the big picture here...
unless this is just another attempt to drive down the price to buy cheap.. then your post would make sense haha