Post
Topic
Board Announcements (Altcoins)
Re: The Deal Coin - Decentralised P2P Lending Eco-system
by
WeFundAnyDeal
on 18/03/2018, 14:42:52 UTC
The idea of combining several services in one is not new. If you implement everything correctly, you can get a good product. Only one thing I don’t like is a 31% of the coins go to founders and developers. I think it is too much Will you work on the product while ICO is going? ICO ends June. It is a long time. Over these months, you could make a lot of things and show them to your customers.

Hi thank you for your question. 15% to founders, 10% to the project team and 6% to advisors is a fair amount ....We feel that the team must be recognised for their considerable effort to date and for the upcoming work that lays ahead. We will be announcing some significant news on Monday and throughout the week. Your questions will be answered .... please watch our twitter, medium or telegram groups fo the details.

You will not be disappointed

Michael

I also think 15% as founders reward is a bit too high. But maybe it is acceptable too for future developments. But there should be conditions given to the public or even a smart contract will do to avoid possible sudden dumps.

If you read the whitepaper the founders lock in period is 18 months with 6 month thresholds to release coins however it is not our intention to release coins as we are long term on our business plan. The smart contract will be made available and will be audited by 3rd parties to provide that security and reassurance back to the community.