Post
Topic
Board Tokens (Altcoins)
Re: [ANN] HOWL | Signature Campaign Open | Mobile Social Application | No ICO
by
googie4
on 14/06/2018, 18:16:27 UTC
Well, right now,  I and one other true member of this community are considering token swap and there after, a community takeover over, but first, we will try to see  if we can get the dev to reply to our message and let's know his taughts with the project, if he doesn't reply as always, then we take it that  he has abodaned the project, so we will proceed with plans and preparation for the token swap, what ever way it goes, we will always keep the community posted

With the token swap, will the devs coins be excluded?
yes, the devs tokens will be excluded definitely, the new contract will have 64 million max supply just the same as this one, but when distribution happens, Dev address will be omitted

Ok, so we will have the exact same coins as we have now, but the circulating supply will be 64 millions minus what the dev has.
to be sincere, am not sure about this yet, as discussion is still ongoing with my colleague on what the distribution ratio should be, this is because we need to reserve more token to be able to fund the project properly, pay hired devs  and other services, and this also is because I and my colleague currently lack the capacity to fund the project from our personal pockets, and we don't plan to ask the community to donate bitcoin or ether until we come out with a working product, whatever decision we come up with at last, please be sure we will always let the community know before getting them done

I support this very much, the fact that you're aiming for a working product before asking for any type of donations. It's an uphill battle being in this position, but hopefully something good will come out of it.