Quote from: ReddCoin on February 04, 2014, 07:27:41 PM

Quote from: boestin on February 04, 2014, 07:05:21 PM

I invested, also in stage 1 and still havent received an email for the coins. When is this going to happen?

Quote from: ReddCoin on February 03, 2014, 01:27:31 PM

Hi everyone,

Let me give you a little update for this week.

We are aware of the situation with rdd.coinmine.pl that has more than 51%. We ask them to close registration yesterday and they did. They will keep registration close until the problem is resolved. Please switch your mining rig to other pool.

The giveaway we did before launch will be pay this week (before friday end). We still have to gather all the data, send an email to everyone and ask for their RDD address. We are doing this this week. No need to send us your address directly.

IPOC investor will receive an email this week explaining in more detail how the distribution will work (once again, before friday end). This week i'm building everything I needed to start the distribution on February 16th, the day after the IPCO close. Here a little reminder since I always receive the same questions.

Code:

IPCO investors will be rewarded in two stages. Stage one will close on February 1st at 11h59 PM PST before Reddcoin is released. 2.2 billion coins will be awarded to IPCO investors according to the amount of shares they own at this time.

Then, IPCO will close with stage two on February 15th at 11h59 PM PST. This time, 3.25 billion coins will be awarded to IPO investors according to the amount of share they own. Investors who got in stage one stay in stage two.

Every investors, stage 1 or stage 2, will receive their coins during a period of 90 days after IPCO close (1.111% per day). This is done to protect the market.

I will also update our FAQ with the latest questions.

A word on the exchanges situation. We are fine with exchanges listing RDD. It's a free market and if people want to sell or buy RDD we don't see any problem.

Thanks

Reddcoin

Stage 2 IPO should be made in such a way so that it will push up stage 1 price and still more favourable than buy from the market.