This has been an interesting thread to read.
A good experiment, I am following it with interest to see how things go.
A good experiment, I am following it with interest to see how things go.
I'm incredibly interested as a holder in Quark. I feel like QRK will essentially be in the same spot as this coin, so i'm trying to get ideas from the problems we run into here.
Another interesting part of this project is the price determination. It's hard for me to see how people currently value this coin/will value it.
Usually the determining value if the difficulty to mine, and also the surrounding hype, but both this are prone to high market fluctuations. We have the difficulty to mine, but without the hype.
It's an interesting situation. Premine is rare, but not quite rare enough due to the amount of current holders, and the volume of the one exchange we are on. All it would take is a bigger exchange and I believe Premine would really take off. Essentially, there needs to be more wealth distribution.
On a bigger exchange, the popularity of this coin would be enhanced. This also leads to more distribution.
