Quote from: Hardunkichud on February 27, 2018, 01:39:18 PM

That's the Catch 22 that every coin deals with. The question that nobody objectively can answer:

"How much funds is the team entitled to?"

Many coins take a 20%, 30%, or even 60% premine. Not to mention the ICO's that are technically 100% premined but then also double dip by reserving a part of the tokens for themselves.

Not only is this a direct result of greed, which often leads to bloated costs and a dysfuncitonal short-lived company. For PoS there's a bigger problem:

Locking down a 'foundation fund' centralizes the coin. Because that fund is also able to stake, the starting team would have a substantial revenue stream and voting power, all directly taken from the community.

Blackcoin answered the question with 'ZERO, the team is entitled to ZERO funds. 0% of the coin is premined or reserved, no money is given to the team, we have to figure it out for ourselves".

And thus it came to be that Blackcoin is uniquel 100% dispersed. Very few other coins, especialyl the staking ones, can make this claim. It leads to difficulties. Aenemic development funding, yet still somehow managing to cope. It's difficult, but it's a price that the developers ultimately pay rather than the community.

A bounty could be started, that is reliant totally on community donated support.
http://blackcoin.co/bounties/