Post
Topic
Board Announcements (Altcoins)
Re: [Pre-ANN] [MN/PoS/PoW] Midas.Investments - Investment platform
by
Trevor - Midas
on 23/09/2018, 08:06:59 UTC
75% MN - 20% PoS - 5% Dev fee from block 40 001

What is a DEV fee? Anyone that holds coins after 40,000 is basically paying the dev? I don't get it
Development fee is when a part of blockchain rewards goes to the developer. in our case it is 5% after 2 months from start. we will accumulate those funds for 2 purposes:
1. marketing campaigns to increase awareness of the platform and total interest
2. development of investment instruments

you can see a "budget" channel in our discord, where we will share all our expenses and sells of coins publicly for additional transparency.