Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 15%] [ZEIT KNIGHTS]
by
msdoter7
on 04/12/2016, 06:50:26 UTC
@msdoter7

In reference to the incentive to stake question.

The Knights will have to stake to protect their investment.

I will pay 250,000 ZEIT every month to 8 nodes (non knights) that will stake 24x7.

In addition , the ZEIT Joust Game will pay out a 120,000 ZEIT per week to the three addresses that win the Block Joust.
(Anyone can win, even exchanges)

So is this not enough incentive to stake, plus the facts the price of the coin will no longer go down in price only Up.

So those that do accept the 250,000 per month, if they wait til ZEIT reaches a penny would have received $2500 for staking monthly.  Cheesy

One year of doing this will cost me ~42 million ZEIT directly out of my pocket and I will do it gladly so we can defeat BTC.
And if needed, I have enough coins to go a 2nd year, before it would compromise my status as a Knight.

So msdoter7 what do you think?

 Cool
Lets try .it will be interesing to see what will happen next year than.