Im interested in this coin., perhaps im planning to invest since it has very interesting concept from other altcoin. However I'd like to have a clarification regarding a certain address in block explorer that holds 34million coins or 70% of total supply, is it belong to you? or how can we sure that it will not end up like bithire or operand as such. thanks
regards
bitdragon2016
Hello,
Alright great! And sure I can calrify that and can confirm that this is the ADZcoin team's address, and here's several things the coins are and will be used for:
-> Paying ADZcoin team members
You probablydon't notice this yet since our infrastructure isn't ready, but there are about 50 people in the ADZcoin team woking in the backend. This ranges from adding stores and coupons to the coupon code site and extension, to spam monitoring in Startpeeps and to building up marketing campaigns and Twitter accounts. All these people are paid weekly in ADZcoin.
-> Startpeeps distribution
We already gave away millions of ADZ on Startpeeps and we have built up the community to 50K people so far. So we both help the community and our partner sites by giving away free ADZ.
-> Extension distribution
Everybody earns free ADZ a day when having the extension installed.
-> VIP share payments
With every VIP share there is an equivalent of 10 ADZ per dollar added to the payment of VIP buyers. So full VIP's who pay $500 will get 5000 ADZ and $20 VIP buyers will get 200 ADZ. This helps us raise funds to pay $1000+ per dayto developers to get all features in our project done.
-> future partner site marketing plan
To attract thousands of vendors accepting ADZcoin we will use part of the ADZ we have to give their customers discounts. The shops can bond more on Startpeeps and get recurring customers who pay in ADZcoins which will benefit the coin tremendously.
-> Startpeepsmarket plan
When the coin is $1+ we will use coins to populate Startpeepsmarket and make it grow just as big as Fiverr. With Startpeeps rewards every gig will be cheaper than on Fiverr so our concept will be superior and there will be no reason for both sellers and buyers to use Fiverr anymore.
So this is some more info. Now you can look at this in two ways:
1. Either you're not that bright and think the pre-mine will be used to dump and make the dev rich and all the other nonsense that makes no business sense what so ever, which is what you read about some other projects.
2. Or you do your own due diligence and realise that hobby projects are not the projects to invest in and the developer needs funds to grow the project.
Just remeeber this always: the ADZcoin project is a business, ADZ is the fuel. Without the business, ADZcoin will never grow in value which would make it pointless to invest in it. because this is not the case, ADZcoin along with a unique business concept that solves an imminent problem in a billion dollar industry, this is the type of coin to invest in and hold.
If you can refute any of these ponts i'm all ears.
Cheers,
Jens
This^
You hit the nail on the head, and this is exactly the reason I have faith in this project and the coin because it has a unique concept. Backed by a real business and I know for sure this coin is going to hit $10+ sooner than most people think
My top 4 coins: ADZ, BTC, LTC, DASH