The enormous number of mne v2 genesis addresses that is forming means that mne v2 will have a very large maximum supply... very larger than mne v1. mne v1 is now quoted less than 100 satoshi... in this situation what will be the target price for mne v2 ?? 10 satoshi ?? This looks like a waste of time.
We can see already thousands of future mne v2 genesis addresses. What's the target? A million of genesis addresses? Than a mne v2 genesis address will be worth like an mne v1 token... 100 satoshi.
Really can't understand this.
We want to give as much chance as possible for more people to join the minereum ecosystem. If we do a short claim period there will be very few people controlling all the addresses.
Therefore to counter hyper inflation there will be a small ETH fee that needs to be sent for the Genesis Addresses to be activated. While the addresses are not activated the coins won’t be in circulation and the addresses cannot be transferred/sold.
For example if you registered 500 addresses and assuming the ETH fee for activation is 0.05 ETH you would need 25 ETH overall in order to get all your addresses activated. So with this measure we believe there will be many Genesis Addresses that won’t be activated at all.
All these stats will be available in the platform we are building, including the number of claimed addresses and the number of activated ones so everyone will be able to track the supply impact in real time.
Do not set a fixed fee to activate Genesis addresses. This is best done in the form of an auction or exchange. If the value of the assets of MNE v.2 on cryptocurrency exchanges increases, then let the cost of activating Genesis addresses increase. If the value of the asset falls, let the activation of Genesis addresses be lower too.
Yes, we were actually considering something like that before and it seems is the best way to move forward. We will probably do it like that.