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Topic: [ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2 - page 234. (Read 688982 times)

sr. member
Activity: 350
Merit: 250
Interested. But where's the reward for early investors?

May be you should consider two tier reward structure.
One which closes on launch date and the other one two weeks after the launch for less risky people
sr. member
Activity: 308
Merit: 250
Riecoin and Huntercoin to rule all!
I agree. I would invest but since there is no benefit for early adopters I am not going to.
hero member
Activity: 714
Merit: 500
y²=x3+ax+b, a=0,b=7
looking forward to the launch but there's no bonus for early investors
Lastly, Consider closing the IPO on the Feb 2 launch since the miners can start selling RDD to interested individuals and also having a prolong IPO will reduce the demand for RDD at the exchange and BTT trading thread.

I agree. Risk should be rewarded. IPO should be closed on Feb 2, before release.

+1. Then you could get to the exchanges, once the IPO is finished.
full member
Activity: 159
Merit: 100
We have decided to let our IPO run for two more weeks after we release the coin. This way, you will be able to judge the value of our work and decide at the last minute if you want to participate. It's a speculative investment. If you don't think our project will work, don't invest.

IPO closing date is fix in concrete. It give you more info before deciding to invest.

Reddcoin
legendary
Activity: 1806
Merit: 1001
looking forward to the launch but there's no bonus for early investors
Lastly, Consider closing the IPO on the Feb 2 launch since the miners can start selling RDD to interested individuals and also having a prolong IPO will reduce the demand for RDD at the exchange and BTT trading thread.

I agree. Risk should be rewarded. IPO should be closed on Feb 2, before release.
legendary
Activity: 1400
Merit: 1000
looking forward to the launch but there's no bonus for early investors
Lastly, Consider closing the IPO on the Feb 2 launch since the miners can start selling RDD to interested individuals and also having a prolong IPO will reduce the demand for RDD at the exchange and BTT trading thread.
full member
Activity: 159
Merit: 100
Hi everyone,

We have decided to make some change to Reddcoin and here they are:

Block halving rate: Change from 525,600 to 500,000.

This was done to have a total coin before IPO and rewards of 100 billions.

Then, we decided to up our IPO offering to 5% as requested. This will bring the total coins available in the IPO TO 5.45 billions.

To make sure we get the needed support from miners during the first month, we decided to implement special block rewards for the first 30,000 blocks.

Special block reward

Block 0 - 9,999 = reward 300,000 coins
Block 10,000 - 19,999 = reward 200,000 coins
Block 20,000 - 29,999 = reward 150,000 coins
Block 30,000 and over = reward 100,000 coins

This bring the total coin to 109 billions.

We also decided to implement the Kimoto's gravity well as a way to retarget difficulty each block and fix once and for all the recurrent problem with hashrate changes.

https://forum.megacoin.co.nz/index.php?topic=893.0

Let us know what you think.

Reddcoin
newbie
Activity: 42
Merit: 0
bump for visibility
member
Activity: 103
Merit: 10
Hi everyone,

We are open to amelioration so we might reconsider our IPO offering if this is what the community would like to see.

At first, we thought 3% would be the maximum we could do since 100,000 coins reward per block is not that much and our halving rate is high (each year). 3% is still 3.15 billions coins, that a lot of coins. We don't want to penalize the miners.

Let us know what you think! We'll let you know what we decide in the next 24 hours.

Reddcoin
http://www.reddcoin.com

+1 for 5%
newbie
Activity: 42
Merit: 0
Does anybody have any estimations on the exchange rate of reddcoin?
sr. member
Activity: 560
Merit: 255
Hi Dear ReddCoin

When I can Mine ReddCoin ?

Please answer my question .

Thanks

you must wait till 2 Feb
newbie
Activity: 34
Merit: 0
Hi Dear ReddCoin

When I can Mine ReddCoin ?

Please answer my question .

Thanks
i8
full member
Activity: 224
Merit: 100
Counterfeit never works, here's the original:

stop trolling, one is the color red, one is obviously referencing reddit.
hero member
Activity: 1073
Merit: 666
sr. member
Activity: 322
Merit: 250
Neg trust, was left by competing casinos
How about ya stop using the REDCOIN trademark, and call your coin Excrement Coin
newbie
Activity: 13
Merit: 0
I like the 5%, you have to reward your first investors you know  Cool
full member
Activity: 159
Merit: 100
Once invested can I trade the share in future? And what is the principle of dividents payments?
Thanx  Wink

Orfu,

You are not getting shares, you are getting coins.

Check our website for more info.

http://www.reddcoin.com/ipo/

Reddcoin
newbie
Activity: 42
Merit: 0
Once invested can I trade the share in future? And what is the principle of dividents payments?
Thanx  Wink
full member
Activity: 159
Merit: 100
Hi everyone,

We are open to amelioration so we might reconsider our IPO offering if this is what the community would like to see.

At first, we thought 3% would be the maximum we could do since 100,000 coins reward per block is not that much and our halving rate is high (each year). 3% is still 3.15 billions coins, that a lot of coins. We don't want to penalize the miners.

Let us know what you think! We'll let you know what we decide in the next 24 hours.

Reddcoin
http://www.reddcoin.com
hero member
Activity: 714
Merit: 500
y²=x3+ax+b, a=0,b=7
Make the IPO 5% and I'll be happy to invest and promote ReddCoin

I had a quick look at the IPO section and a payment of .01 BTC is only giving around 1.9mil coins out of a total 109Bill pool.
When you hit the market, this coin could be dealing in latoshis and I dont see the point of an IPO return here.

May be 3% is too less for the IPO, and you may may consider increasng it so that the investors feel more comfortable.
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