Quote from: Münzpräger on August 26, 2017, 10:14:17 AM

Quote from: MiBambino on August 26, 2017, 09:01:06 AM

Quote from: ikilledcobain on August 25, 2017, 01:55:51 PM

Quote from: MiBambino on August 25, 2017, 11:55:24 AM

Quote from: levelten on August 25, 2017, 11:33:40 AM

Quote from: MiBambino on August 25, 2017, 09:52:04 AM

Quote from: minereum on August 25, 2017, 09:11:55 AM

Artemine on the news:

http://www.coinnewsasia.com/minereum-team-plans-to-launch-ico-for-artemine-minereum-token-v-2-0/

that's great news!! Question, let's say I buy 10.000 ART at the ICO. Do I end up with 10.000 coins, or will I get a genesis adress that mines 10.000 coins over the period of 60 years?

You will get a Genesis address that mines 10.000 coins over the period of 60 years.

I can't believe anyone in their right mind would choose an investment that takes 60 years, in a market that's barely 10 years old. if there's no way to buy ART in bulk up front, like any other coin, what's the purpose of investing? Ask yourself, would you rather get 20K ART now, each valued at 1$, or 1ART a day over the next 20.000 days, with no guarantees that ART will even be worth 0.01$ within 1 year?

You make an interesting point, but don't forget that the Dev is planning to have a market to sell genesis addresses. So in essence, you could cash out any time before those 60 years.

That still doesn't change anything. Would you buy bitcoin now at 4000$, if you knew you could only cash out in 5 years, let alone 60? I can assure you, if we can only buy genesis addresses, this coin will be worthless within 1 year.

I have already posted a few suggestions in this thread. The mining algorythm should be more than just a linear formula. That's old news and only worked because MNE was airdropped. 60 years is ridiciulous.
Why not let smaller accounts mine faster? As a compensation bigger accounts would generate more than you paid for initially. This way you could strategically buy Artemine in the ICO and decide whether you want the ART fast or get more of them later.
Another idea would be to use MNE as "mining rigs" or catalysator. You send MNE from an ART genesis address to a burn address and the mining process of the genesis address will be accelerated for x amount of time. This would give MNE a nice place in the ecosystem. There are many more possibilities.

Those are some interesting ideas, i'm curious for the devs thoughts on them; hopefully there's still room for change and adaptation in the art algorytm