Thoughts on premining
As a rough guide and for discussion Here was what I had in mind.
0.5-1% premine - (250-500K#coins).
Divided
55%(137-225k) for ongoing development and promotion (Budgeted for over 5 years)
15% (37-75K) Giveaways over 3 months
22.5% (54-107K) IPO
7.5% (16-32K) Fees over the life of the coin.
All expenditure will be available on a public ledger.
Feed-back welcome. I'll also take a vote on 0.5% or 1%.
EDIT: Correction 22.5% should be 54k-107k not 37k-75k as originally stated.