Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official
by
Sandrine89
on 15/04/2015, 16:21:50 UTC
Sandrine89, the ratios of distribution and fund allocation are simply outrageous.
I read the "fully transparent", "maximizing long-term" and so on stuff. Those vague statements and claims are simply not enough for any investor. Your documentation lacks depth and the allotment of power (coins) makes every presale investor a puppet.


The NeuCoin premine allocation has been announced and transparent from the beginning. If you look at my very first post on this thread, the pie chart already described the ratios of distribution and fund allocation you are referring to Smiley
I would highly advise you to have a look at http://www.neucoin.org/en/wiki/#foundations about our governance. All foundations are ultimately controlled by NeuCoin holders (1 NeuCoin = 1 vote), who have the power to hire, fire and set compensation for the foundations’ Council Members, and have a right of approval on annual budgets, spending priorities and other matters. This structure makes NeuCoin more decentralized and accountable than Bitcoin, Ripple or Stellar, let alone most of the anonymous alt coins out there.
We are releasing new details about our strategic plan very often, and will keep doing so.

My current rating: scam 2.0

Interesting rating, as most of our investors have reputations they would not want to risk by associating themselves to a scam. If you look at our team, angels and advisors (http://www.neucoin.org/en/wiki/#people), none of them are anonymous, and most of them (including myself) would risk a lot by association their names to a scam. We all have track records that are publicly available (Twitter, LinkedIn, etc).
Besides, we are all subject to very strict 5-year re-sale restrictions on our NeuCoin holdings. They were announced on our launch, on this link http://www.neucoin.org/en/wiki/#advantages, point 10. We will only benefit from having founded NeuCoin by making the currency strive in the long run - and these restrictions insure this. Long-term success is what a cryptocurrency investor should look for, no?