Quote from: SuperOrca on September 21, 2020, 10:06:52 AM

Quote from: Tsegicalicol on September 21, 2020, 07:04:47 AM

Quote from: Enriquerow on September 20, 2020, 05:04:50 PM

I found out that Rijk has also started a new coin called Novo, why doesn't he change Gulden to have the same low reward rate and keep 200 million for development?

The new coin is trading at 5 Euro and has a total of 10 billion coins, Gulden will only have a total of 1.68 billion coins and is 0.007 Euro. Lower the reward for Witness to 5, the reward for miners to 5 and have max coins at 800 million. Take 200 million for develop and let people buy directly from the fund to support development and remaining 70 million for witness and miners that will last a long time.

Look how well it's working for Novo with 10 billion supply and is a copy of Gulden. The price of this coin will go up 50 times in price very quickly.

I do like this suggestion or something similar. I know the Gulden community won't stand for another Dev reward increase and it looks like the GAB will stand firm here because they will see increasing the rewards causes more inflation and lower price.
Rijk knows this or Novo would have a high block reward. This is why Gulden is going to make a great investment in 2021 because of this change that will come. This change will give more money to the development team and a higher price for Gulden investors.

This will be a game changer, if they clever enough to make this decision it will change the trajectory of this coin that has one of the best developments in crypto. The gulden developers owe it to themselves to make this change!

I prefer the current system because a premine can be dumped in large amounts but with a reward over time, it does not harm the market.