So I had some other cool ideas. See I believe XDE should be a very rare coin ONLY held by the elite and the rich. So if I take over, I will make no bones about it, that this coin is rare and meant to be held by "the rich".
I had an idea, and thats all it is is an idea.
I posted about it in the fly thread, and it seems like its something that nobody discusses, and thats why 99% of coins fail and it certainly might apply here:
So I started looking at it from so many angles, and I kept coming back to the same ugly truth, and its this:
"The DEV, makes no money". Its that simple.
See even the devs that make a simple clone coin, make NOTHING. Thats why scams are all over the place. Because all they can really do is a quick pump and dump and out. So put yourself in the devs position for a moment. You a dev you spend days coding a nice wallet, and testing and launching. So you end up making NOTHING, if your honest. Why continue? So they dont. Why do amazing things like FLY, and bring you the latest and greatest technology?? They wont!
Why should a dev spend weeks coding and testing for NOTHING??
Whats worse is a guy like me that hires devs cannot even pay them in alt coin like fly. Devs wont accept them, and I dont balme them. If I was coding for someone else, I would want raw btc too!
So for a coin to survive and be great devs need to paid, and even more so the talented ones.
SO this is just an idea , if I was to take over:
First I would raise the min stake age to a few days so that it would not inflate too fast.
Secondly I would raise the base stake rate to 20 percent per year
I would offer 3 different kinds of wallets very special wallets that can be bought using btc that will directly pay the devs. These special wallets will be in very limited editions.
The top level would be called XDE Gold and there would be a grand total of 6. These wallets stake at the rate of 200% per year, and would be the most expensive to buy @6btc each
The second level would be called XDE silver and there would be a grand total of 10. These wallets stake at the rate of 100% per year, and would cost about 3 btc to buy
The 3rd level would be called XDE bronze and there would be a grand total of 20. These wallets stake at the rate of 50% per year, and would cost about 1.5 btc to buy
All other wallets would stake at 20%.
The 3 unique wallets would all have different color schemes , and those color schemes would NOT be available to the public, although you could take screen shots.
Now at anytime we would reserve the right to temporarily cut the pos percent for EVERYONE in 1/2 to avoid inflation, but that would be probably 8-12 months or more after takeover. We could then burn funds , and reactivate.
So the funds collected for these unique wallets will only EVER go into one btc address. That btc address will made public, and ANY transactions can be questioned. Its really to only be used to pay devs, and graphics artists.
So in my plan, this will be "the rich getting richer". Make no mistake. Currently there are no coins in crypto for "the elite" and or the rich.
So this is just something I came up with. Its just an idea, thats all it is. For those of you that follow FLY already know im incredibly creative.