interested until "quark"
Im very interested to know why you're not interested because of the used algo?
2 reasons firstly ASIC domination secondly there are an awful lot of quark masternode clones recently most of which have presales and end up as scams.
I'm not saying this is a scam as I wouldn't know, it could well be genuine but the algo and presale are enough to put me off. Good luck to the team behind this and those that choose to invest
We whole-heartedly agree with you about most of them either being scams or just poorly executed. Patrick here, founder of Beacon. I built a team of people who have at one point or another, been victim of terrible projects. Sadly, most don't work out. So we took our time, created something we were all passionate in and wanted it to ultimately do some good as well. Usually victims become the most passionate advocates after all.
When it comes to the Premine, half is for investors which is what we are doing right now with Launch Seats. The remaining amount is locked away. The Team funds are locked in a vesting schedule, releasing portions 3 months, 6 months, and 12 months after launch. At the start, we will hold about 0.62% of the total supply of coins. By the time the first bit of coins is released, that number will drop below 0.5%, and so on when the rest is released.
In crypto it is guilty until proven innocent. We get that. That's also why we have 16 forward facing people on the team and in the White Paper. All decisions we made to help prove our intentions to a trust-less industry.
Thanks for listening.
The project needs to prove that you are running legit here. Even with transparent team ends up as a crap.
It would take time to build your reputation and if you are really sincere, time will tell if you are gaining the trust of the community.
Now, if you have good intentions to begin with, you will just continue to build and develop your platform and show what you've got.
Many people were burned by overwhelming promises particularly in masternode-related ones, so you can expect such hesitations.