I have question 10th round of distribution was on 4th November and this month we didn't see any distribution. Can we expect new year with some free coins under 11th round of snapshot ? It will be great gift for everyone to receive some coin at the beginning of the new year. Just suggestion if it is considered.
The massive dump have unfortunately made the distribution model too expensive and inefficient.
Tony had to slow down the speed massively.
An update about future distribution plans.
So far, bytes were mainly distributed via airdrops to holders of BTC and Bytes, and a relatively small portion was distributed through the cashback program. We started this free distribution with the purpose of getting the currency as wide spread as possible, and while the purpose stays the same, methods can change. The airdrop method worked well to get the initial user base, but it also proved to be the least efficient in terms of user acquisition cost.
Over the next few months, we'll add more methods of free distribution. One of them is already being developed, I expect it to be ready in the first half of December.
The new methods are designed to grow our user base faster than the money supply.
While the new methods are still untested, it is early to drop the airdrops. That's why the next round of distribution to Bytes and BTC holders is tentatively planned for the full moon of March 2, 2018. The rules are the same as in the previous round:
For every 16 BTC you receive 0.1 GB,
For every 1 GB you receive additional 0.1 GB,
and similar rules for blackbytes.
This round can be postponed or even canceled depending on performance of other distribution methods.
