I'll address this one last time here, with detail, then you guys can rip it apart 20 ways from Sunday however I will not be responding to any more accusations or hate regarding our structure or operations.
1. Feel free to launch a coin, don't premine it, see how much interest you get, see how much out of pocket you go, see how motivated you can get people, see how adoption goes.
2. Feel free to launch a coin, premine 2% like we did, give out 30-40Million like we did, and spend some actual hardmoney on it before hand. Then go tell everyone including competitors, all your marketing plans with the bounty's and the rest of the premine for over a year with full disclosure, see how far you get. Make it a public open book always updated with every days moves and what/where/how much/who is involved, then when sensitive things happen just put 'sensitive' there see how much scrutiny you get and how many more calls for open audits that will cause.
Better yet, what's stopping me from just hiding 50-100 mil through small fake tasks and bounty's and 40 wallets and a month, or wasting time with audits of audits instead of creating more value and assets.
3. Feel free to continue making accusations, and at the same time, seeing tons of assets perpetuating themselves out of the community for big bounty's to create stuff to make earthcoin more valuable, daily, in big quantities. Funny that, the bounty has become a huge ad budget and the end result of spending it, is more value to all involved.
Frankly we could have easily done 5-10% and probably not gotten much more scrutiny, but we still chose 2% and managed to get the brand this far in a week with a small portion of it (along with simple good business strategies), do you understand how valuable that is? 750k? If you were in our shoe's you'd walk away from this for 750k? Now? Oo
Unfortunately after more talks, we have decided that we will not be disclosing how and what we are spending inventory on other than what you see publicly.
In the last 10-20 tasks that we've bountied, we've reviewed them and more than half have been sensitive. We'd never tell the public, never want competitors to know, or anyone could absolutely stifle our growth and we'd invite others to sabotage us easily or model after us and be just one step behind.
Trust what you see, the 1000's interested, 100's creating assets, the millions already mined and given away, the fact that in order for us to stay motivated yes we want a vested interest otherwise this is just a clients project and I'm just consulting a potential huge operation for free.
I don't expect you guys to read 118 pages but I have already said that the team has money, we aren't hungry for our first big break, we've said NO to investors/funding (easy money) many times for this already, we could have walked away for a nice chunk of money to hand this all over already, we would rather be fishing than doing all nighters with forums, but we see a big great challenge and are enthusiasts of crypto in general. We want to create something real vs a fadcoin.
Discovery is a beautiful thing, been watching coins come and go and marking down all their flaws/challenges/ways we could be better when we launch, and I'm sure people are looking at us the same way for the next batch to come. We're doing things 'right the first time' and while I fully get it, opening the books silences all critics, it's brilliant but extreme and unrealistic for us to expect no big blowbacks from it, further scrutiny, and frankly wasting time to constantly try to justify ourselves.
I appreciate and understand your critique however it's time I finally say something with a bit of firmness and that'll be all from me regarding what/why we did things the way we did. No business out there has an open book on their spending budgets as they happen for sensitive moves with marketing or overall direction. So far the brand has been carefully crafted and every asset is top notch because we're attracting and recruiting the best of the best for stuff and paying accordingly for it or overpaying as the value has already risen a lot now.
Please continue to watch us in action to see more proof of our long term goals. I'm personally dumbfounded at how great the response has been and many could learn a thing or two for their own coin journey by absorbing some of our strategies instead of constantly being focused on a negative 'what if'. Try to think 'what if' this is for real instead of defaulting to scam no matter what explanation you get. Some of these alt's are simply going to make it, just by averaging and probability alone, and by the usual suspects re what makes a good company/project/team run.
Thank you!
First of all. Let me make one fact clear. I have never said i dislike EAC. In fact i have digged it myself after deamon got repaired by one pool owner. Lately i stopped because of my only worrie about this coin: "How you handle the premine."
Now lets bold the important and leave out the beauty talk, OK?
- You have not given out 30-40 million coins yet. Not even close to it. You know it and i know it.
- last 10-20 bounties? You dont even know the correct number. You dont know what is happening with your coin. What has been done and what has not been done. Im not even going to add any comments on that. Its self explanatory.
Kids love pretty pictures and fairy tales. Serious investors and traders love numbers. Thats all im saying. Not too hard to make a conclusion out of it.
Thanks for response. Its a nice story you wrote. For all those kids sake, who have invested in your beautiful pictures, i hope you do the right thing and will not dump this coin as many have done before you.
Good luck.