Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [RNS] Renos - A community Based Cryptocurrency
by
Flash86
on 03/03/2017, 19:27:01 UTC
Hi everyone,

as you will have seen I put in a request to send 300,000 RNS for multipool development by pjcltd

MESSAGE FROM ESCROW
received mail from dev asking to send 300 000 RNS to multpool developer user pjcltd https://bitcointalk.org/index.php?action=profile;u=151913

fund will be delivered in 24/48 hrs
thanks

As previously agreed, generally people felt the bounties were too low so they were under re-evaluation (ie. the twitter polls) and while 300,000 seems like a huge amount of coins, that only fetches for about 0.2btc at the current price.

IMO, getting a renos multipool for 0.2btc out of the development fund is a good deal. If we want the coins (especially the development fund) to have value then we need to develop services and technology around the coin.

For me, a multipool brings is a great initial development because not only does it attract the miner community to the coin, but it provides a constant buying power on the market.

If you still disagree with this development then fine but we need to be realistic with what we can achieve and for what price.

 







I agree with you that 50k RNS is not enough.
200k would be OK, its only 7% of the development fund.