Re: [ANN][HZ] Horizon Long + Fair Distribution|Decentralized Asset Exchange
There's no other 50M left. 
The remaining funds are left for stakeholder and node bounties. Everything else that is paid out will come from the foundation account and will be phased with community votes. No need to worry that any coins would be dumped. (You guys should know better after all that time anyway)
We're entering the last part of the distribution phase, and like we changed the way node bounties are paid, we also have to rethink the other means. The team invested tons of time to keep everything going, and received monthly payouts to compensate for that. We can't keep that running like it was in the last months, because combined with the seriously low price we'd run out of funds in no time.
So everything is cut down now, the foundation will pay for projects, and we'll see how much the community valuates different tasks.
That's not possible everywhere. Hosting cost is a fixed amount for example, there won't be any vote about that. It needs to get paid.
This also means: The foundation will need to find ways to get fresh funds sooner or later. Prepare for even harder times
And one note to those fudding about our intentions: HZ was founded 1 1/2 years ago, and all profits I made during this time were made through trading the ups and downs. I still hold more coins than I received through bounties (because of the HZx crowdsale and giving price support). If I could get out completely at the current price, I would have made a staggering 5000$.
Nobody I know (maybe except the anon dev who created the genesis block) made any reasonable amount of money out of HZ so far. And I do know everyone who did something. I don't know if there's anyone out there, but if so, it wasn't someone who contributed something.
The remaining funds are left for stakeholder and node bounties. Everything else that is paid out will come from the foundation account and will be phased with community votes. No need to worry that any coins would be dumped. (You guys should know better after all that time anyway)
We're entering the last part of the distribution phase, and like we changed the way node bounties are paid, we also have to rethink the other means. The team invested tons of time to keep everything going, and received monthly payouts to compensate for that. We can't keep that running like it was in the last months, because combined with the seriously low price we'd run out of funds in no time.
So everything is cut down now, the foundation will pay for projects, and we'll see how much the community valuates different tasks.
That's not possible everywhere. Hosting cost is a fixed amount for example, there won't be any vote about that. It needs to get paid.
This also means: The foundation will need to find ways to get fresh funds sooner or later. Prepare for even harder times
And one note to those fudding about our intentions: HZ was founded 1 1/2 years ago, and all profits I made during this time were made through trading the ups and downs. I still hold more coins than I received through bounties (because of the HZx crowdsale and giving price support). If I could get out completely at the current price, I would have made a staggering 5000$.
Nobody I know (maybe except the anon dev who created the genesis block) made any reasonable amount of money out of HZ so far. And I do know everyone who did something. I don't know if there's anyone out there, but if so, it wasn't someone who contributed something.