Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] FoxCoin - The Fully dynamic currency [RELEASING SOON] 2014-1-20 GMT
by
AnonyFox
on 18/01/2014, 01:03:36 UTC
I cant see how it would be worth your time to launch the coin without pre-mine. If you have to start mining with the rest of us then there is no benefit so why not just mine a coin thats already launched.

The number of alt-coin launches at the moment mean that only the ones that launch well and have continued following will have a chance. If you need to premine to make it happen then i would say that 1% or less shows an absense of greed.

All the best with it
Thanks you r4d15h, lasciv, and Safty for your suggestions relating to the premine. I myself am leaning towards a 10,000 - 50,000ish coin premine just to give us a kickstart (Keep in mind a 1% premine would be 10 Million coins, and considering the rate of block generation, it would take ~4 weeks for everybody else to generate that many. And by the 1400'th day the premine would count for ~4% of all the FoxCoins in existence. Still have yet to talk with 2 other members of the team about it.

Suggestions relating features for the Wallet, alternative logos, etc are encouraged.

Thank you.