I am trying to choose my words carefully - .......
For a moment, place yourself in the shoes of an investor on the other side of the fence and take a look at the rich list. What thoughts would have gone through your mind?
I've got to disagree.
It was made clear from day one there was a 1% premine and there was to be 8 Billion coins available full cycle.
As an investor you must have read that. It wasn't hidden and is clear to read from the top of this thread.
In 3 months time more than 1% would have been mined and I dare say at somepoint in the year the premine accounts will no longer be at the top of the list.
Also. One of the top accounts is restricted to funding projects set out in our mandate over the future.
Another will be used to keep the coin operating in the future.
I would also like to point out that I have to pay hard cash every month for
- 5 Servers and growing
- 3 Developers
- Admin Staff
- Contract Designers
- Office Space
- Advertising Budget
- Telephone + Broadband Services
- Bounties
To name just a few expenses which I am currently funding from my own pocket but will need to be paid for the lifetime of this coin ... ie forever.
We have been transparent from the start and will continue to be so.
The newly launched coin is in good shape and anyone buying in at the current rate is in my opinion is getting a very, very good bargain.
Kind Regards
Darren Palmer