Quote from: FreeTrade on September 03, 2013, 07:29:28 AM

Thanks Mr. Wax, I think you provided a good summary of tactical errors that have hindered the coin. These are important points, but the issue of how many grants should be awarded is a critically important strategic one and I want to get this right before considering the tactical matters. I had hoped that owners could vote to distribute the grants to worthy projects, but this didn't happen. Reducing to one grant means that MCF should capture the whole grant award and can then distribute it to those working to improve the coin and its value.

This is just a repeat of OP.

CLIFF NOTES

FreeTrade gets 20% of the coins (400,000 out of 2,000,000)... OR HE QUITS.

This is the 2nd time FT has threatened to QUIT... if not 20% CUT go to his POCKET.

Let's be real here...
The "Foundation" will not be feeding orphans in the streets of Calcutta...
This is a skewed, "highly deflatinonary" coin designed as a fairly sophisticated Pump n' Dump...
Where FT plan was to get 30-40% of the coin in 6 months, dump, and disappear.

Maybe make $10K or minimum wage for his P n' D. This is shameful, baby.

MemoryCoin has zero chance of long term success...
FT is broke/cheap and is up against better, VERY well financed coins...
Coins with serious Dev teams and real staying power.

On the other hand...
I sold 500 MEG yesterday @0.00025 = Mining Cost...
So it will probably drift up to 0.0002 or whatever Mining Cost is.