this is still shit.
Weekly proxy Pump coinshuffle Rat Race for top 1000.
Flat 5-10% for every balance once a month or some would be much more fair.
agreed. i don't really see the point other than irritating existing holders. if people know what they're gonna get more people will come. byteball is predictable and is doing very well.
That is only a pre airdrop until 11-2017 (bitcore claiming end). Nearly 16 MIO is for the big airdrop in many rounds.
Kind Regards Christian
So there will be airdrop every week until 11-2017 and then will be big airdrop?
And this one still valid or has been changed?
The claiming period is 6 months. After this period we split the rest to the BTX Holder. 10% from the unclaimed rest is for the BitCore Foundation.
After 6 months-> formula is beta
(your_amout_after_6_months)=((premine_balance*0,9)/(available_amount_total=(BTX_amount_ total./.(premine_balance*0,9))))*your_balance
Example: (304,61 BTX)=((14.400.000)/2.600.000))*55 BTX) (BTX_amount_ total=17MIO)
I like this distribution model, very smart and original. I lile also Byteball distribution model, but it would make little sense to copy it for Bitcore. It is always good to explore new ways.
The idea to engineer the airdrop so that the top 1000 holders will become more and more rich is brilliant, since everybody wants to become rich, so there will be competition which will lead to a rise of prices.
However, I think this model can and should be improved.
Value of any currency is first of all dependent upon adoption - the more people adopt a currency the more it acquires value. No questions about that. Therefore, in my view the dev should think at a way to motivate also the longer tail of adopters, especially for the time after 11-02-2017 when top 1000 holders will receive the bigest slices of the pie.
It's fine to make those lucky 1000 rich - they will be the "oligarchs" of Bitcore.
But then, you should also think about creating a "middle class" of people who would benefit, let's say the first 10,000 on the rich list, which would still get something for free. Perhaps X coins from position 1000 to position 2000, Y coins from position 2000 to position 3000, and so on, with decreasing quantities. Otherwise too many people would end up being frustrated to be left out of the party and they would stop trading it and generally caring about it. To expand as much as possible the base of adopters is critical for the success of Bitcore.
Whoever agrees with my idea is welcome to tip me with BTXs at my address:
1Lr6sPMjfD2d1s5CGGYkNmmQdzsCzCiL2Q
I agree with "creating a "middle class" of people who would benefit, let's say the first 10,000 on the rich list, which would still get something for free. Perhaps X coins from position 1000 to position 2000, Y coins from position 2000 to position 3000, and so on, with decreasing quantities"