1HCzLn2PnQR3pVYy91e5c4Zy4YfpNujL3V
it is a good idea. Donate BTC to the address above to help our cause.
Topic: Using crowd funding, like Indiegogo, Kickstarter, to fund altcoin development (Read 2362 times)
April 22, 2014, 02:56:37 PM
March 17, 2014, 07:40:36 PM
We are using crowd funding to fund our development of AppleBytes - a new coin for support of the Arts, specifically in NYC.
As far as I can tell, we are the first Altcoin to use crowd funding.
We are using crowd funding for three purposes:
1. To build the user community, and get AppleBytes in their hands - coins are given as a reward for donations
2. To fund development, so the premine goes to the AppleByte Foundation to give out to the user community (artists & art lovers in NYC)
3. The Dev team can be paid in Bitcoin, not by premine.
Additional details on AppleBytes are here: Announce Thread
I think this is an idea, many altcoins could use. And is a fair protection against developer pump & dump.
As far as I can tell, we are the first Altcoin to use crowd funding.
We are using crowd funding for three purposes:
1. To build the user community, and get AppleBytes in their hands - coins are given as a reward for donations
2. To fund development, so the premine goes to the AppleByte Foundation to give out to the user community (artists & art lovers in NYC)
3. The Dev team can be paid in Bitcoin, not by premine.
Additional details on AppleBytes are here: Announce Thread
I think this is an idea, many altcoins could use. And is a fair protection against developer pump & dump.
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