I would also propose a cap to the 0.5 % inflation after 3 years -
...
then 3 following years of .05% inflation .
At the moment Quark will have 0.5% inflation after coin generation. I'm open to have a community vote on what the inflation should be.
At the moment of launch, and the months that follow, is crucial to adopt strategies that ultimately aim to increase adoption. So, I guess the question we should ask is this: —How does the 0.5% inflation rate affects early adoption?
Many people rush to invest in cryptocoins because of their deflationary nature, not all, but most of them are, and we have Bitcoin to blame. The word "inflation" and the term "inflationary currency" can, and possibly will, scare uneducated investors who fail to understand the advantages of Quarkcoins.
With that in mind, here's an alternative kickstart strategy:
1. Keep the inflation concept within the coin. (The argument is QRK is suppose to be a currency, not an asset) — But...
2. For the initial years, set the inflation rate to 0%, and raise the reward fees. (That will attract miners and investors alike) — Then...
3. Set a GOAL. Once the currency achieve parity to the dollar, lower the reward fees, and kick in the maintenance inflation. Safe and sound.
At the moment, it seems that Quarkcoins are growing at a steady rate, and as that happen, more people get interested in learning about them. While I'm just an amateur in economics, I'm an expert in communication, and surprising as it may sounds for some, words can make or break a deal.
0.5% inflation is mandatory now. There're too many clients online to change that now.
Quark website should address this concern now.
