Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PoW] [PoS] VEIL - Privacy without compromise
by
VeilDango
on 14/11/2018, 10:47:22 UTC
50% of coin reward to dev Huh seriously ?
25% for staking and 25% for mining ?

It's higher than some mineable cryptocurrencies, so I understand where you're coming from. But cryptocurrencies that don't have budgets also don't have large structured teams that can ensure the project is developed and marketed properly.

To address possible issues stemming from a large budget, we will be making transparent budget reports so that the community can ensure we are wisely using the funds. Our goal isn't to simply spend funds because we have it, but to only use it if we consider it good for the project and if it is a cost-effective use of budget, otherwise the budget should not be spent.