I'm a bit confused about something in this proposal: what happens with coins that already exist? I know there's fear about whales having a lot of coins but keep in mind that some of us spent YEARS helping build the site, contributing, and spending countless hours on administration work. On top of that, some of us that spent the majority of our time working on the project have still sold exactly ZERO Devcoins. So while I get the fear aspect, it's important to remember that some of us believed in the old project so much that even as it tanked we held tight (and accumulated more coins on the market), rather than trying to cash out. Anything that would push coins out of whales' wallets is only a punch in the face to those who relentlessly worked to help the project and took zero remuneration due to wanting to see it succeed.
Yeah, don't forget that I'm on the same boat. Just to make things clear, in my proposal I'm talking about money not in your pocket: newly generated coins & coins in the OpenSourceFund+friends. I'm not proposing anything for existing coins that aren't controlled by the Devcoin Foundation, yet.
- develCuy