Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [Masternodes] GRAPHCOIN - Private, fast, sustainable currency for all.
by
JDimon
on 03/06/2018, 00:21:11 UTC
A presale of 12 MNs for an average price of 1.5BTC each? what???  Premine 5M coins? WHY? What's so special?
I've seen them ban people for asking questions they have no answer for.

Happy to respond to your valid questions.

Q.  A presale of 12 MNs for an average price of 1.5BTC each?
A.  We're looking for long-term investors who are willing to commit to a project we believe has a bright future.  The masternode commitment is substantial enough to align interests between the investors and the users of the network.  We've divided the block reward between MN's and staking to allow for access to ownership at whichever level you can afford.  We're using almost all the launch sale proceeds to fund the remaining roadmap items for this quarter and get a jump on next quarter's roadmap.

Q.  Premine 5M coins?
A.  This is also related to the long term vision we have for the project.  By creating a healthy foundation endowment, we can recruit talent at the highest level with fair compensation.  We are providing transparency for the premine in our block explorer.

Concern:  "I've seen them ban people for asking questions they have no answer for."
Response:  If there are any questions we have not addressed which you think are within our #rules please bring them to our attention here.  And if you believe our rules need to be reconsidered, also please bring those concerns to our attention.

We always welcome constructive guidance, asking about our pricing and pre-mine is your responsibility as a member of a decentralized community.  

I encourage everyone to do the same.

- JD