Being that this investment has become a little more exciting in the last 24 hours, I've just re-learned that the stake interest is only 1.5%.... which means with only 2.6M coins as it stands now, the total # will grow at snails pace.
This news, I like very much... rare coins seem to do well and this one will have the tech to ensure that happens
EDIT: Just saw someone flash a 30BTC buy order at 6276.... it wasn't up long
Hello, that is correct. However we are potentially going to provide high incentives to the people who stake their coins depending on the various tiers they are staking at. The higher the coin amount utilized as in the process of being a master node, the more coin the investor who is hosting the master node receives.
This will ensure that those who have invested a large amount in EKN are rewarded and deterred from dumping onto the market.
In the cryptocurrency market there are many extremely innovative coins with very active dev teams such as BC or VRC however those who hold these coins for the long term are pressured by those who attempt to trade every wave that these coins create as a result of updates and developments. We are working towards creating as much infrastructure to create a culture of long term altcoin investment that is very much laughed at and mocked.
If anyone has any ideas please contribute, we will be discussing this with the community in the coming days.
Regards