Its great to see you taking the communities concerns and advice on-board.
As one of the original investors in KredX, Im concerned about the price I paid during the ICO and the value of KredX going forward.
One of the main factors that kills the price of any crypto is its maximum supply.
I strongly suggest that the maximum supply of KredX be kept below 4.4 billion coins.
Re-launching the coin with a 10% pre-mine for the ICO investors is suggested to ensure a fair launch for both the ICO investors and miners.
In addition, I would like to see a road map of how you plan to spend the funds raised.
As one of the original investors in KredX, Im concerned about the price I paid during the ICO and the value of KredX going forward.
One of the main factors that kills the price of any crypto is its maximum supply.
I strongly suggest that the maximum supply of KredX be kept below 4.4 billion coins.
Re-launching the coin with a 10% pre-mine for the ICO investors is suggested to ensure a fair launch for both the ICO investors and miners.
In addition, I would like to see a road map of how you plan to spend the funds raised.
I support.
The following is suggested:
- Postpone Re-launch: Postpone re-launch for 2 months to ensure the wallets (incl windows) and mining pools are in place to ensure a fair launch.
- Reduce Coin Supply: Reduce coin supply from 184.46 billion KRX to 4.4 billion KRX to ensure a sustainable future price.
- Buy Back KRT Tokens: Buy back KRT tokens on https://etherdelta.com/#KRT-ETH and burn tokens to reduce supply. (Some investors have not received their KRT Tokens and already 100% drop in price?).
- Original investors holding KRT should get 10% of KRX coin supply (premine KRX and give to investors).
- Configure Block Reward Algorithm Correctly. Ensure Block reward algorithm is configured correctly especially to ensure even distribution of coin over the 30 or 50 year period.
- At least 3 x dedicated synchronised node address should be created for wallets to prevent any future soft forks.
- Fork New Code: No need to fork old 2014 code when there have been improvements in other CryptoNote coins like Monero.
- Hire 1 x Community Manager and 1 x Cryptonote whiz kid to ensure success this why you raised the ICO funds.
- Advisors: Invite Monero and other CryptoNote developers to be advisors.
This is a good project with lots of potential - let us all work together to make it a success.
you what?
disagree on all points...