Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FoxCoin - A Fully dynamic Cyptocurrency [NOW ON 3 EXCHANGES!]
by
rebel24
on 28/01/2014, 08:55:58 UTC
major suggestion: If anything, the rate of foxcoin being released NEEDS to be reduced. It is released at WAY too constant of a rate = thus massive inflation.

Take a feather from any successful coin's hat--- coin generation NEEDS to decrease (significantly) over time, otherwise inflation will kill the coin! 30 days out the coin needs to be generating only 150 Fox, 60 days out should be only 100 fox, 90 days out should be only 75 Fox, etc. (and then you can level off at a minimum of 5 FOX)

I was conservative in this, the rate can be even 2-5x faster than this.

But at the current rate, market will always flood with new coins punishing all your investors who are serious in it.

Please fix this, or else I fear for this coin!