Team FLY..with respect.
I really dont see how launching a new coin through another swap with such a huge pre mine for you is going to help FLY or your credibility.
Pre mines are pretty much frowned upon in crypto and this might be the biggest one I have ever seen. Add to that the big stake percentages in special wallets you have given yourselves on top of being the top holders to start with.
Honestly, I am pretty disappointed in this move when you flat out declared that this was going to be your only coin.
I doubt you will get many buying into this. It just looks bad, like a really big cash grab.
I have to agree. Premines are a giant turnoff, I had this same discussion with hamradiocoin numerous times.
I am afraid this makes me rethink considering any work on FLY at all, even from my minimal hobby standpoint.

EDIT: Same applies to instamines and "IPO" coins (like reddcoin). Most are scams from the start.
what will happen with the unclaimed coins and 26.5% premined XDE II coins?
They will be divided among 5 team members. If everyone claims, we get about 53 coins each AFTER its inflated 7x like everyone else.
XDE II (Double Eagle coin). Takeover from Vegasguy & TEAM FLY. **SUPERBLOCKS **
This coin is on our watchlist. 26.5% PREMINE and 50% more POS rewards for "a special team wallet" is greedy and not acceptableOne more thing. You will never get listed on Cryptopia and serious exchanges.
In order for a cryptocurrency to be hosted on Cryptopia it needs to satisfy the following requirements:
Open Source & listed on GitHub
No pre-mine, or justified pre-mine prior to launch.
No ICO or IPO prior to launch.
Official Website.
An established community