Initial Supply 100M to 22M --> VOTED
10M FIND will be distributed via faucet --> NOT VOTED
- if X millions left to deliver via faucet, this is what should be, of course reduced like market cap reduction percentage.
Swap old coins to new coins for /10 --> NOT VOTED
7.74M FIND will be swapped with existing FindYouCoin holders --> NOT VOTED
- the market cap only reduces /4 times but you want to swap coin /10?? thats not fair for the people who believes in the coin at the beginning, using the first faucet. You will only swap the 40%, the rest will be for things that comunity dont voted, like faucet or bounties and development....
2.26M FIND will be used for bounties and development --> NOT VOTED
- I dont know why the developer will get to 2 million coins, that supose 10% of total market cap, coins that you remove from people. This coin uses a faucet distribution. A fair distribution. With this, you broke the fair distribution that begins with old coin. Donations would be better, isnt a problem.
As i say, you wil remove coins from people to do this things that nobody voted. Thas unfair. But is unfair because you are broken the faucet distribution.
And thats is why i think, if we cant vote this things, this probably will be a relaunch scam. Simple Maths.
PS: When i refer "you" i want to refer to developers or relaunch bosses.
Where did you get these numbers?
A. We've voted on 20M cap, not 22M
B. 10M distro via faucet - think a little. Read again voting thread. We did three votes. 1) 20M cap / 40k per hour distribution; 2) 25% Pos; 3) 10 days (40k per hour) time of distribution. Count it. 3rd vote = 10 days x 24 hours x 40k = how much? VOTED
C. Let's continue our math lessons If we are voted on 10M faucet and 20M total, how much for exchange left? VOTED
D. I agree with you, we didn't vote for exact exchange rate, but considering voted decisions we've made, we have 20M total - 10M for faucet = 10M for exchange and, thus, rates spread from zero to 10:1.
So we've picked the highest rate possible - 10:1. Now, we all know how much FindYou coins were distributed - 77.4M. Other 22.6M stuck in faucet forever. That's 7.74M new coins for exchange for 1:10. 10M - 7.74M = 2.26M for bounties.
We could use 10M coins left out of faucet to exchange for 77.4M old coins - but that's 7.74:1 exchange rate and no coins for bounties. I personally don't want to use such not round rates because it will eventually lead to errors and it's harder to count in mind.
So - please pay more attention with what is happening with FindCoin - and use your math skills and logic a bit.
Hmm... To count a little more - to recount my salary on per minute basis, it's like around $1.14 per working hours minute. And it took me 15 completely wasted minutes to write this answer, explaining things that don't need explanation.
I'm thinking to start billing you guys for such questions Wopin, you owe me $17 now Let's here more questions from you