Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Cryptocurrency's killer app: disrupting web ads via RaiBlocks micropayments
by
LovSan
on 05/04/2016, 15:11:12 UTC
Bid auction for just 7 people a week, you must be kidding? How you came to this weird idea? It just screems: "I WANT MUCH BTCS WOWOWOW I DON'T CARE ABOUT DISTRIBUTION WOWOWOW BTCS HOARD MOAR BTCS BEFORE SUMMER WOWOWOW". Grin

Why not to make normal ICO/IPO/Crowdfunding or if you want to distribute coins for years to come (for me it's just plain stupid, years in crypto like decades in real life, people will forget/fork your coin in a few months) do it at least fair. Make a system POT like, where every person which sent BTCs to you in a given week will get a fraction of 450k pie, no matter how little but thats better than auction BS, but even then I find such system of distribution flawed and too much risk low reward for investors taking into account YEARs of distribution and developer as changeable as the weather.

Faucet distribution is not a novel idea. The last coin I do remember had distribution for all nodes online every hour, it's dead now, but anyway it was better than this mess with human recaptcha slaves and 7 chosen ones.