Quote from: blackhatcrypto on May 10, 2017, 05:36:26 PM

Quote from: jamesbo on May 10, 2017, 05:18:41 PM

Nice that you replied, and I appreciate your efforts. I have to say again.... without a dispensary that will "host" a donated sum of weed at a price that cann be negotiated, and without d9 giving away or burning the premine, this is going nowhere. Actually nowhere is a little ruff, I will say keep it up , or start a new coin with everything d9 had in mind and show him it could have worked. If you do that you will go down in history instead of d9

i think a commodity pegged crypto is doomed to fail, but i could see it operating nicely as a rewards currency. We have our own proof of concept we're working on, and may launch our own chain if this current development proves to be too difficult. As far as the premine goes, we have the block explorer up to verify those instances; there's also the notion that a lot of coins were held hostage from cryptsy. Lots of variables for sure, we're hoping to iron them out and establish the best course of action..

There is nothing wrong at all with a pegged crypo, someone has to initially donate some stock , and have a means of distribution. Everything else will fall into place. I think It may be worth trying to partner with d9, he did or does have access to a dispensary.