project very good!!!
How work fair distribution?
Thanks!
As we said before,
Fair Distribution: We have been analyzing the last ICO´s and we realized that the distribution is not as fair as it should be. On the one hand, most of the distribution of the coins usually is in the hands of so few, thats why we decided that 30% of the coin will be distributed old school through PoW. On the other hand, most developers don´t distribute 100% of the coins and they keep a portion (%) in their hands as background/developer/premine/bounty funds, so we want to highlight that 0% will be retained by us.
This is our initial vision but many people have complained that 30% via PoW may be manipulated by whales so I will talk with Frank and Hao to reach a consensus on the new distribution. I imagine that we will modify the percentages, maybe 90-10 or 85-15 (instead of 70-30).
90-10 is ok in my oppinion but more POW % would be not good for İCO investors. Cant you completely use POS, it would be a much better choice..