Quote from: Game_Seller on February 09, 2018, 06:00:17 PM

Quote from: Kreds on February 09, 2018, 05:23:30 PM

Quote from: oZXTo8jQOs on February 09, 2018, 04:03:40 PM

I share the idea of distributing coins to non-tech savvy people but why is interesting to combine PoW and PoS with such big premine? How is supposed people is going to earn Kreds? If the other ways to earn Kreds are easier than mining, isn't it going to discourage miners and mn owners?

The premine is exactly for the utility of actions earning on websites. We are designing it at launch in a way that encourages both earning AND spending. There is a cost to many actions, and this will be a liquid model that can be adjusted once we have live data. What we launch the first media site with will not be it's final goals and earnings model. Users will not be able to withdraw until we feel people are comfortable with the model and our economic approach is deemed solid.

Feedback and data analysis will play a large role post launch. The first of four sites these next two quarters will greatly help us gauge the incentives and cost associated with user interaction, in essence a public beta test model.

The Kreds strategic vision document will detail this liquid launch model (coming shortly) so you can see earning and cost per actions. The goal is to promote quality comments and encourage those who do so to the articles they are commenting on, or side pieces people write.

Quote from: lkloon123 on February 09, 2018, 04:59:07 PM

btw is there any explorer with api access?

Yes, this is being developed further soon, for now: https://explorer.kredsblockchain.com/api

Well, well looks like your team got yo shit straightened now. Kreds moon incoming.

It will for sure Cool