I confirm this.
I'm not participating in the IPO, I'm a miner, so I'm interested in having a good mining environment. The threat of having the dev dumping the pre-mined coins on the market doesn't create a good mining environment. I want the trust in the dev to be irrelevant for the pre-mined coins. At the same time, I'm curious about the concept of a "nation-coin" and would love to see this experience go farther than what we've seen until now from other coins.
The process to secure the coins is not completely defined yet, but I can give some basic elements of it.
- The process for securing the pre-mined coins will start AFTER the launch. It's to give us time to do this correctly and let JPGagnon do a successful launch of his coin. Note that for a certain period of time (couple of weeks maximum), the pre-mined QBC will be in the hands of the dev. During that period of time, I cannot vouch for the security of any of the pre-mined coins.
- The pre-mined coins will be moved to a different wallet when we start securing them. This wallet will be in cold storage in a bank vault with multiple back-ups. I was thinking of putting a copy on a CD, an USB key and an hard drive at the minimum. That way, in a case of degradation, (we fail and drop poutine with maple syrup on them!), it doesn't destroy every media in the same way.
- To access those pre-mined coins, we will need at least 2 person. The access will also be controlled by the bank. I would love to have something where the bank vault can't be physically accessed until the airdrop and the bank refuse the access before the date.
I'll keep the process transparent and will keep you informed.
So there you have it folks,
QBC will be the only nation coin with a completely secured premine. You don't have to trust in me to trust in the coin, it will be made secure against dumps from any harmful event.
During the time period between launch and the process to secure the premine, there won't be any problems and I'll publish the address of all premined coins as well. I don't have any intention whatsoever of touching those coins before an airdrop anyways.
Big endorsement, feeling more confident about QBC every day. Get your coins before the hype starts people!
I don't want to sound like I'm trying to hype this coin beyond its potential, but yeah, get your coins from the IPO while they are still cheap, anything under a 100 BTC IPO has a serious chance of making you some moolah and making QBC a big hit at the same time, win-win! Thanks to all the investors so far!