Also, just a tip. This round shares were smaller than usual.
Usually they are about 1 million DVC per share.
This round was about 350,000 DVC per share.
So people are about to start selling them for more, since less are being distributed. (It's all happening because more writers are coming to Devtome)
So that's another good reason to buy now. Buy while they are cheap, sell when they are a little rarer.
Next round could get as low as 50,000-100,000 per share, since there is a thread for Devtome an stuff now.
DVC is already on:
Vircurex
&
MCXNow
But it is a great project. 10% goes to miners, 90% goes to Artists, Musicians, Developers, Programmers, Writers and more. So when you buy and mine Devcoin, you are supporting the creation of new web content. As well as projects like:
A DVC supported Village
A DVC supported Vehicle
A DVC supported Spacecraft that can enter and exit orbit multiple times
And multiple projects that are more simple than those, as well as things in between
To learn more about Devcoin, click the link that is underlined in my signature.
Please send emails to these addresses to ask for it to be added to Cryptsy:
[email protected][email protected]If you know of other exchanges that should allow for DVC exchange, please post the website or their contact info here, so that people can send in emails
http://devtome.com/doku.php?id=devcoin_advertising_campaignDevcoin was created by developers, and supports independent developers and artists. Meaning, this coin supports the creation of FREE TO USE: Games, Music, Videos, Stories, Graphics and more.
Most coins when mined, all go to the miner. When Devcoin is mined, 90% of the coins generated go straight to Devtome which is a project that helps developers and artists earn Devcoin.
I write on Devtome, and I am earning 20,000,000 Devcoin for writing 64,000 words this month.
20,000,000 DVC trades for 40 Bitcoin
40 BTC trades for over $4,000... for 64,000 words
Which makes every 1,000 words worth over $50. Who can afford NOT to do this, lol. The eventual goal of Devcoin and Devtome can be found by looking at the Devcoin bounties. There are tons of projects listed, including: Creating a village, creating vehicles and creating a 1 seat rocket that can enter and exit space multiple times.
These projects will help not only Devcoin, but Bitcoin come to the light as a charitable and progressive cause.
http://devtome.com/doku.php?id=devcoin_advertising_campaign From my understanding, these pay out fractions, right? How/why is someone/several people able to do this?
Several 1000 fractions adds up
The way it works is this:
Each round there are 180,000,000 coins for writers
Each 1,000 words you write gets you 1 share
If only 1 person writes something, they get the whole 180,000,000
If 2 people each write 1,000 words, they each get 90,000,000
Right now there are 25-ish publishers
There were 550,000-ish words written.
So each share was over 300,000 DVC this round