Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digitalcurrency
by
R-J-F
on 18/04/2017, 15:43:34 UTC
Just implement the tax system dash and pivX are doing ok and bitbay are considering it.

How can being taxed piss anyone off. You pay a tiny % in block tax and see a large % increase in your overall value of holdings due to developers keeping pace or rising above other leading projects dev teams.

People who object to the tax are free to dump to stronger hands who see the need of a well funded and motivated dev team.

Of course full ledger and voting system would be nice to direct funds where community sees need most.

I no longer even look at coins where there is no funding and the dev is selling what few coins he had at the start to live. His motivation shrinks daily to continue the project. Tax supplies constant source of funding.


A tax (from the staking users' 6%) or an additional amount (on top of the 6%) generated by the network for development funding?

First, drop the word "tax" if you want this to go anywhere, it is abhorrent and smells of centralization. Call it a "maintenance fee" and you might get more supporters, myself included. However, I still think an ICO would raise real money and allow the project to ramp up quickly while it is still somewhat unique and hasn't been overlooked as just another anon coin.

Perhaps the different ideas presented here could be brought to a vote in the not too distant future?