Re: [ANN] ZUMY | CPU MINING | Masternode | No ICO | Fair Launch | - Launching 1/1/19
How large is the premine of this "fair launch"?
Isn't a fair launch no premine, no ICO, and no founders reward?
Premine != Fair Launch
Isn't a fair launch no premine, no ICO, and no founders reward?
Premine != Fair Launch
Our premine is 640,000 ZMY. The reason this is a fair launch as there will be an equal oppurtunity for all to have a set date ready for their miners. No masternodes on the network, hencing it's free game for all to join zumy and have enough time to do so. I see what you mean 100%, this is what we meant by fair launch
Where is the source code dev? You said 12/28 for the github source. Since there are mining pools that are up already, means they have your source code already. Where is the link please? Thanks. And how much percentage of your premine versus your total supply?
Mining Pools across the forums are actives, the GitHub is now public for all :
https://github.com/zumy/zumycoin/
Our Premine is 5%. Details for the exact use is found on our whitepaper. Including how much the development team get aswell
If you're planning to have an internal exchange, I suggest make your site secure in the future.
Also, the allotted coins for exchange listing is about 30% of your premine.
That's a lot coming from your initial funds. Maybe, focus in one decent exchange and once your platform is already operational, then you can think of another one.
If your platform is not gaining attention from the community, sometimes it is useless to list it in several exchanges as the price will just decline so fast.
Better fast track your developments to aid in making your coins valuable in the market.
I couldn't agree more with you. The 30% yes is a large chunk of the premine being spent on exchanges - the sad fact is exchanges ask for huge fees. We're already in talks with a few large exchanges and are trying our best to have at least a large volume exchange out for the launch 1.1.19. For our launch we only need at least one exchange due to the fact we haven't started our roadmap and development. Once this begins after launch - we can add more exchanges as at that point hopefully people would recognise the value of the coin; which is decided by the community.
Our own exchange wise - yes we'll have a secure site. Our SSL for Zumy.co - has went off randomly trying to fix that now.
The premine is there to allow us and the community to have chances ot advance forward - we're looking at trying to get large exchanges on board.
So when you launch this in few days time, you are aiming to have listed it in one exchange at the same time?
Am I understanding right here?
I thought it will be after as you are releasing the wallets on that date. But that would excite miners out there as they can trade their coins earlier.