Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official
by
greg123
on 16/09/2015, 10:53:01 UTC
[...]
I have never heard of any other coin that has restrictions like this.
[...]

Me neither, but then again, ever heard of a coin were founders and team keep like 99% after the pre-sale  Roll Eyes

That's not how I read the post. The founders and team don't control the majority of the coins. The foundations do, for the first few years, then a minority even as the coins are distrubuted. And the foundations have a defined plan for how to distrubute them to consumers, exchanges, games etc.
And all coins will be in specific wallets and transactions seen on the blockchain and disclosed in reports. So that's good.

Another thing I like is that all the coins distrubuted by the foundations will have sale restrictions too.

I think this is smart. Much smarter than when founders have a lot of coins they can dump at any time.