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Topic: Kora:: What should we do with left over stakes? - page 3. (Read 5598 times)

legendary
Activity: 1316
Merit: 1041
Bitcoin is a bit**
Repeating i would say:


Split them between the 3 choices about equally.

+1
full member
Activity: 163
Merit: 100
Obviously everyone is going to want a larger stake, but most don't realize that the developers are what make your coin worth anything. Distribute to developers.
legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
Repeating i would say:


Split them between the 3 choices about equally.
sr. member
Activity: 476
Merit: 250
Split them equally for all these three purposes
legendary
Activity: 1904
Merit: 1063
I vote Distribute to existing stakeholders  Tongue
hero member
Activity: 728
Merit: 500
IMO is better to distribute for existing stakeholders. Why?
If you extend the registration phease, or keep open the registration for later, there will be more and more sockpuppets. By giving time to users they can figure out wich are the weaknesses of system and they can make sockpuppets without catching them.
On the otherside, if there will be much more stakeholders, there will be users who will keep the coin for looong loong time so there will be no movement of the coin, there will be no trades, moves on the market, and the coin could become dead. And by having less stakeholders, we can make a 'community' (wich is already forming thanks for the promotion and dev) wich can take care of coin, who can move it.
Also i hope there will be no pump and dump
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
I'm not an investor, but option #2 seems like a sensible solution. EDIT: OH I realized you can sign up for the IPO for free- good idea, I may go sign up myself.  Smiley

The more development funds for bounties and developers the better, and the more likely Kora will be a success.

sr. member
Activity: 465
Merit: 250
Option 3 is obviously the best one if you do want to stay long

Option 1 is a big NO, although I expect many existing stakeholders should have voted for it. However, this option will just continue to benefit a smaller group of people, and make the whole distribution even more unfair. It will surely make Kora no difference to other junk coins available elsewhere

Maybe you can consider to offer a little bit less for later distribution. That means a combination of 2 and 3 should work fine









sr. member
Activity: 336
Merit: 260
Destroy them.
sr. member
Activity: 243
Merit: 250
IMO  "Distribute to existing stakeholders" is better.
member
Activity: 76
Merit: 10
Split them between the 3 choices about equally.
newbie
Activity: 32
Merit: 0
Use to pay for bounties & developers
hero member
Activity: 854
Merit: 1001
I vote for give them all to me, but that might not be the popular choice.

Based on my previous experiences: keep them in trust to use for development + marketing bounties. You can never have a big enough warchest.
newbie
Activity: 14
Merit: 0
I can't seem to vote. But I think we should keep it as bounties etc. We eventually will have to pay people for some professional stuff. I know the community is great etc. in developing for free etc. But in the end no one has a stake they paid for unlike NEM. That's why I think it needs at least to have some kora coins in the bank to reward people.
full member
Activity: 122
Merit: 100

Kora,

If you chose # 3. i.e. to ‘ Keep in trust for later distribution’
Make those later stakes smaller and non-tradable for 3-6-9 mo.
You can do something similar with the extra stake if you chose #1 also.


newbie
Activity: 56
Merit: 0
please add possibility for combination of options.

than, when it will win Cheesy , make another vote for percentual divisions, like 30% + 70%, 50% + 50%, 60%+40% etc. Cheesy

endless vote?  or a loop?  Grin
hero member
Activity: 595
Merit: 500
please add possibility for combination of options.

than, when it will win Cheesy , make another vote for percentual divisions, like 30% + 70%, 50% + 50%, 60%+40% etc. Cheesy
legendary
Activity: 1512
Merit: 1000
Maybe you could use the remaining coins for bounties and faucets...
... um... well, after giving away a part of it for existing stakeholders Cheesy. (Greed! Is that you?)
full member
Activity: 175
Merit: 100
Crypto Liberty
I prefer to distribute them among all existing stakeholders. I believe that a percentage of coins reserved for development that is too high will not benefit the image of the coin. Too much coins in the hands of developers is always countered by suspicion...
On the other hand everyone should realise that a crucial aspect of a coin's future lies in continuing development!

So I think we should all commit to contribute to bounties if the coins get distributed over the existing stakeholders. ( I know , I 'm a little naive  Cheesy )



It's true. Actually it was already expected that reaching the number 3,000 stakeholders would be not possible (if comparing with previous ipo examples).

Although keeping a small fair percentage for initial development IS necessary, there should be a distribution of these left over stakes among all already existing stakeholders. It is obvious that those stakeholders who believe in KORA will WORK for it, while those who are just willing to dump it will just dump, it's inevitable (and there's no way guess who is who).
sr. member
Activity: 392
Merit: 250
Can you add an option for a combination of 1 and 2?
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