Well thank you!
At rate we are going we will not trade all PMC in most likely... I think many of the little gifts of PMC we gave out over the months are probably simply lost...
But the swap will stay on until Oct 1st... ( three months )
Then the leftover swap PMC will have to be dealt with.... I want to offer bounties for a block explorer, games, listing fee for Atomic-Trade perhaps, maybe for Poloniex....
We need input from the PMP community on these things...
I am pretty sure we can give away all 500k PMC from the giveaway PMP fund.... should we save the remaining swap PMP fund for bounties, bribes? At what point to we say we are done and destroy the remaining swap PMP?
Input needed!
( Obviously we are still waiting for the ANN for PMP itself, this only being the SWAP ANN )
I think that many of the PMC community members haven't been checking the PMC thread lately and so don't even know about the SWAP or revival plans. Hopefully we will have a steady stream of people going back to find their old PMC wallets for the trade in once the word gets out. All though, its better for everyone if a small amount of PMC is swapped
I'd like to have a round-table discussion soon on the specifics of the PMC destruction and bounty allotment.
I've got some ideas I'd like to share.
I propose this then: We create a PreminePlus Foundation...
We put a few folks in this community on it... perhaps by a nominal donation to the Foundation Funds...
The on October 1st the remaining swap PMC roll into that fund... no coins are destroyed...
This foundation will by votes, decide on future charitable donations, projects, bounties, listings etc etc...
The excess swap PMC will be the biggest contributor... in a weird way PMC will be funding the foundation by default...
( That is unless it is such an huge amount it spooks our regular PMP people, perhaps we match funds then destroy, who knows )
I am of the mindset that the more development funding a project can get the better off it will be. That being said there is also major concern for oversaturating the market with funds as every single coin that is paid out in bounties will eventually be sold back into the market. To play the devils advocate though, those funds were already scheduled to be swapped and so they would have entered the market anyway.
Definitely much to discuss on that front.
It's important to solidify that we won't be doing anything that our community is opposed to.
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