Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Expanse (EXP) - Fair Launch, No ICO, Community DAO, based on Ethereum
by
CryptoClub
on 11/10/2015, 14:54:11 UTC
I agree there's a good team behind this coin but why use an Etherum clone?  Roll Eyes

Because ETH is on the death bed and need another huge financial aid or BTC to go to 1000.
With EXP DAO all the sallaries are in EXP thus motivating people to hold and price to reach sustainable levels.
The guys building this coins are legit and good to talk.

Join EXP Slack to see yourself...

But the they have to sell EXP to make a living.

Except we dont have to "sell it", the tokens can be used by themselves to purchase goods and services.

I can confirm also that team looks pretty resourceful.
That they can use 100k/month does not mean at all that they have to do it or will do it ....

We started off with about that, 100k for initial expenses and bounties, and have only used half of it so far. So you are correct. Just because some Core requests funding doesn't mean it will be approved, they will need to lay out a convincing argument to the entire DAO for funding approval. Most people will not vote to dillute EXP value unless they think spending/using Expanse will help the project.