Post
Topic
Board Announcements (Altcoins)
Re: CRYPTO BULLION (CBX) | Inventor of PoSP! | 2017 Road-Map PUBLISHED!
by
cryptobullion.io
on 14/07/2017, 10:22:46 UTC
Also like other coins that use masternodes, it might make sense for a small % of the income they produce to go to the developers.  Creates a nice positive feedback loop, where the coins are locked up (reducing available supply), devs get $ that can be used to implement more features, helping to drive demand for the coin.

Thank you for bringing this up. We had a community vote to discuss the options for funding ongoing development and the decision was made thru voting to create a 10k superblock that would be used for dev operated BPN(s) from which only the interest earnings would be used to fuel development, advertising, etc. This would insure continued development as long as CBX has a value. After the vote we opted to attempt a try at avoiding the superblock idea by trying to gather 10k CBX from community donations. Please see below for details. Note, we gathered 21% of the goal the first night but nothing since. Our group of investors funding the present road-map that will get us to the point of self-sufficiency have verbally committed to donating 5k CBX to this fund so after that occurs we will be to 71% of the target. Almost there!




Quote
One critical piece of the outlined 2017 road-map is to put in place a self funding mechanism for continued development. The current plan is to create a 10k superblock at the time of the hardfork occurring in August/September to be used for a dev operated BPN from which interest earnings would fuel ongoing CBX development, advertising, etc. However, this is not ideal as it could potentially create an issue with exchange listing policies or negative perception/issues for investors. Resultant to this, it has been suggested to create a donation address to gather these funds from the community. In response to this suggestion the below address has been created to accept donations. The goal is 10k CBX. We will report periodically on progress towards the goal.

CBX Donation Address: 5jMKPEvPoHN4UNQEyEh9n84ZPdaQBMzfuZ