Hello everyone,
as many asked, even though some of it might change, here is an overview about the coin's plans based on the first draft of the white paper:
Phase 1: Distribution of the coin during 4 airdrops.
Phase 2: Coin swap with a new coin including smart contract features at a ratio of 2:1.
Phase 3: Implementation of masternodes (1000 coins needed) and anonymity features.
Currently the price for a future masternode is still cheap compared to other coins such as DASH. For instance, you have to pay $317 000 for 1000 DASH to start a masternode.
Kind regards,
Halcyon D.
My question is, why is there a need to do a 2:1 swap? That means that we will need to buy a minimum of 2K ETHD in order to own 1K ETHD after the swap. Why is there a need to do a swap? The supply is already really low. Cutting that in half simply puts the ETHD out of reach for a lot of people who may want to be a part of the community.
I agree wtf is this shit. That means the price just doubled for a master node.. Just leave that part out