meh, you really should reconsider that premine. 2% is way too much. If you really want it to take off, you'd go 0% and mine with everyone at minute 0. 0.5% wouldn't hurt it maybe, but more than that it's just another scheme to try to make some money. Damn, it was funny too had possibilities.
Agreed. Pre-mine is a dirty word around here, gonna scare off a lot of people.
+2
at 2% and with no real vision this just became a joke coin. fun to mine for a minute but not for a real investment. on the other hand if the swason team will give out bigger bounty's, and shared how the remaining pre mine would be used then maybe coin will have a chance.
741,776* 2% = 14,835.52 coins - the total bounties offiered so far 160 leaves 14,675.52 pre mined coins
what are the plans with this dev's?
Fair enough. I've increased the bounties 10 fold.
Prior to coin development, we've secured a few avenues of trade, new development, and other things that are not our specialties. Some of the premine is promised to developers, and owners of sites that are already under development (hence no bounty for these things). Some of the premine is to as you say "grease the wheels," and some of the premine will be put into storage for future development that we haven't thought of yet. Some of the premine will be used to advertising. None of the premine is for dumping.
Specifics to these will come shortly, but I prefer to not put the cart before the horse until we have more visible (at least beta) versions of what's in the pipeline.
Large enough premine ensures we'll be able to attract quality talent and not "for rent" developers from the street corners. You pay for what you get.
