Hello guys,
If you are disappointed by Minereum and it's
INCREDIBLE inflation and also by the fact that most of the Genesis Addresses are in the hands of the developers - then you will probably LOVE
Billionaire Token.Billionaire Token (XBL) is also an Ethereum Token, but this one, instead of having super-high
INFLATION like Minereum - it has super-high
DEFLATION.
It is still in PRE-ICO stage. I designed the deflationary mechanism with the idea of increasing value per coin dramatically, in time. Within the first 3 months after the ICO, we expect the current supply to reduce by HALF.
If you're interested in a coin that is
the exact opposite of Minereum (but it still has a lot of fun, real-world uses), check out our Announcement Thread:
https://bitcointalksearch.org/topic/ann-billionaire-token-games-on-the-blockchain-deflationary-algorithm-2065888You can find all the information you want to know about Billionaire Token from our ANN and website.
Website:
https://BillionaireToken.comI am
Gluedog, lead developer and coordinator of the
Billionaire Token project.
Minereum works fine in terms of the tech. Considering the current supply and coin generation all it needs is some traction. Dev does not hold any genesis accounts and is doing this out of technical ambition. Remebet that Minereum is not an ICO, just fairly airdropped. No fudding here without providing some proof about your claims. Good luck with your ICO!
"Fairly" airdropped to so many newbie forum account members.
Do you think members of the Minereum team didn't own a big part of those accounts? The ones that got the Genesis addresses? Let's not be silly now.
I'm not FUDDING, the inflation rate on Minereum is horrible. The price can't get any good upswing just because of that.
And about the Minereum Token Creation Service - Well, that's basically the simplest thing anyone could make. All you need to do, in order to make a minimum viable token is google "How to create ethereum erc-20 token" and you can get working code for that - you might even learn a thing or two about solidity.
Regarding inflation:
In absolute numbers MNE inflation is far lower than ETH's. To quote coin telegraph's interview with the dev:
“As a comparison example, Ethereum generates 5 ETH per block. Minereum in total generates 1.36576 MNE per block (0.00032 MNE * 4268 Genesis addresses), so Minereum has an inflation rate 72 percent lower than Ethereum.”
Any coin with a fixed reward per block will have a ridiculous relative inflation rate right after launch.
And of course dev has genesis addresses, some of these have been made public already to serve as faucets.
Its hard to guess how many genesis addresses are in the hands of dev. I'm inclined to think its not more than the average dev stake/premine. Dev, IMO, has been pretty reliable in terms of the roadmap. And I also think dev are smart enough not to be too greedy. Owning 50% of genesis addresses would have killed the project already.
I of course also hope dev will remain dedicated in the future and will show themselves a bit more. But I still really don't share the sentiment that this a scam of some sort. If this was a premine-dump scam of sorts dev would have been far more visible and attempting a pump.