How much of this coin was premined if any. I can check in coinmarketcap that one year after launch around 50 000 000 of the supply was already mined and only then was this ANN topic released. So to me personally what I see is devs sitting on more than 70 % of the supply. How much do devs own ? I don't see anyone here asking or questioning this as if is a cryptocurreny. It is more or less treated as a company. I don't mind a company being successfull but what does it have to do with crypto-world onovation. If you need Ethereum based toke, what prevents another Ethereum token without the burden and complication of having a completely different blockchain to come out and completely outperform your idea of in-game use of cryptocurrency ? When I read along the pages it's all songs and honey and this rings a bell. I got 2k of this just for the fun but can't bring a serious investment, because no real questions are asked.
Cheers and good luck anyway.
There have been a lot of questions in the past, but we're in a period of excitement.
But we've answered the premine question and the amount we hold many times. We own around 15% million of the total supply, with several team members having bought good amounts of the coin on their own. You must understand that the current team took over development about a year after the coin began. (The first coin started in 2014 as gamerscoin
https://bitcointalksearch.org/topic/gmc-gamerscoin-for-gaming-and-more-poloniex-bittrex-481173 that's why you think we own so much)The original devs sold their coins thinking GameCredits would fail. The GameCredits community owns the hefty majority of coins.
Now why wouldn't someone come around and out preform us? Because we've been developing our products for 2 years, have literally thousands of connections in the gaming world, and members of our team with years of experience as incredibly successful developers. We're about a month away from releasing the first ever cryptocurrency based mobile store. This isn't something you can whip up in just a couple months, it took years. We also released our entirely proprietary API which allows ANY game developer to accept GameCredits as a method of payment, another thing years in the making. What we have developed could potentially be done, but we are confident given our heard start and the years upon years of experience our team has, we will come out on top.
We're here to ask questions. I agree this bitcointalk can be a bit relaxed, but that's because our community drills us everyday on Slack and other platforms. But with that said, we've gotten plenty of intense questions on here in the past, and we're always ready to answer. Please feel free to drill us some more. I assure you, we are willing and able to take it.
I'm here to give you straight up answers. Many of our faithful community members came here just like you asking the questions many people didn't, and they left pleasantly surprised.