Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official
2 New updates on neucoin forum,
Some queries -
Update 1
http://forum.neucoin.org/t/how-the-neucoin-community-can-monitor-the-foundations-and-teams-neucoin-token-holdings-over-time/1526
Coin holdings restricted for use or sale
First of all, unlike any other cryptocurrency project, all members of the founding team, angel investors, and service providers of the NeuCoin Project have agreed to the imposition of use and sale restrictions on the NeuCoin tokens they have received or will receive. Restricted coins become unrestricted according to the following schedule:
2% of holdings per month in the first year,
3% per month in year two
4% per month in year three
5% per month in year four
6% per month in year five
After year five, all restrictions expire
But, the strategic plan was updated this week and that say's-
http://www.neucoin.org/en/wiki/#role-of-founders-amp-team
The foundations have set aside an additional 300 million sale-restricted coins (plus PoS awards earned on these coins) to release to the founders over the three years following launch...
So, is it 5yrs or 3yrs, or, are the "founders" not the same as "founding team".
Not clear. Marketing speak.
(Also, no figure on total coins received over the period, for clarity.)
Update 2
http://forum.neucoin.org/t/the-neucoin-foundations-plans-for-distribution-of-neucoin-over-2015-and-2016/1529
NeuCoin Growth Foundation: 1.4 billion NeuCoins
NeuCoin Utility Foundation: 0.8 billion NeuCoins
NeuCoin Code Foundation: 0.2 billion NeuCoins
So, the new coin distribution is shown, but no mention of the reduced capitol?
The "at least $1.2m", previously promlsed as "$1.5m" now reduced to "$1m" in the wiki this week?
(always shown together previously, e.g. "Utility foundation 0.8bn neucoin + $400k")
http://www.neucoin.org/en/wiki/#funding
Just in,
http://forum.neucoin.org/t/selling-neucoin-related-domains/1347/10
Sandrine, Hi @kay5ive : NeuCoin will be listed on a few exchanges shortly after launch. We will communicate more details as soon as possible.
No exchange at launch? Who would have thought?
Bit of a damp squib.
Some queries -
Update 1
http://forum.neucoin.org/t/how-the-neucoin-community-can-monitor-the-foundations-and-teams-neucoin-token-holdings-over-time/1526
Coin holdings restricted for use or sale
First of all, unlike any other cryptocurrency project, all members of the founding team, angel investors, and service providers of the NeuCoin Project have agreed to the imposition of use and sale restrictions on the NeuCoin tokens they have received or will receive. Restricted coins become unrestricted according to the following schedule:
2% of holdings per month in the first year,
3% per month in year two
4% per month in year three
5% per month in year four
6% per month in year five
After year five, all restrictions expire
But, the strategic plan was updated this week and that say's-
http://www.neucoin.org/en/wiki/#role-of-founders-amp-team
The foundations have set aside an additional 300 million sale-restricted coins (plus PoS awards earned on these coins) to release to the founders over the three years following launch...
So, is it 5yrs or 3yrs, or, are the "founders" not the same as "founding team".
Not clear. Marketing speak.
(Also, no figure on total coins received over the period, for clarity.)
Update 2
http://forum.neucoin.org/t/the-neucoin-foundations-plans-for-distribution-of-neucoin-over-2015-and-2016/1529
NeuCoin Growth Foundation: 1.4 billion NeuCoins
NeuCoin Utility Foundation: 0.8 billion NeuCoins
NeuCoin Code Foundation: 0.2 billion NeuCoins
So, the new coin distribution is shown, but no mention of the reduced capitol?
The "at least $1.2m", previously promlsed as "$1.5m" now reduced to "$1m" in the wiki this week?
(always shown together previously, e.g. "Utility foundation 0.8bn neucoin + $400k")
http://www.neucoin.org/en/wiki/#funding
Just in,
http://forum.neucoin.org/t/selling-neucoin-related-domains/1347/10
Sandrine, Hi @kay5ive : NeuCoin will be listed on a few exchanges shortly after launch. We will communicate more details as soon as possible.
No exchange at launch? Who would have thought?
Bit of a damp squib.