Post
Topic
Board Announcements (Altcoins)
Re: [ANN][HLM] HELIUM - PRE NOTICE
by
tradingdisaster
on 25/04/2018, 20:10:19 UTC

The 250k that will be added on top is purely a precautionary measure in the highly unlikely event of a legit claim to the coins removed from the airdrop. The way the multi-sig treasury wallet is to be set up, with two keys held by the community and one by the leadership team, ensures that the community has decisive power over what is to happen to that 250k in the future. If fear of dilution turns out to be the main sentiment: the community can decide the coins to be burned.

Thanks for the clarification. FWIW, I am not against this - a project without an ICO needs some kind of financing, either an upfront fund or a "tax" on transactions like some other coins have implemented it.

So, thanks for your work. I feel the project is in good hands right now Smiley