Post
Topic
Board Announcements (Altcoins)
Re: [Ann][PoW+PoS] Cache - Privacy Focused Decentralized Banking.
by
Tastiger
on 28/11/2020, 09:16:35 UTC
The Premine represents 3% of the maximum supply. This is used to fund the Cache jobs concept. This means that members of the Cache team, including the core developers, are paid a monthly wage is $CXCHE. This is accountable to the community also.
The banking function will make these wages sustainable over time and have the effect of locking the banked portion of the premine from "dumping". With this model it is not in the teams own interests to "dump". Bounties and job roles have been handled on Discord so far.
Growth is slow but steady and respects those that engage as team members have day jobs to live by as there is no "get rich quick" scheme here - rather a sustainable community is being developed.
I am speaking not as the founder of Cache but as a person who is contributing time, expertise, and resources by choice for my wage in $CXCHE and belief in the concept when I came across it.
Looking for something unique? Here it is. It will build as more see the same and the intrinsic value is not just in mining cost but the very effort of people contributing to Cache in their job roles.
Check out some of the information available in Links above for more understanding and the new website coming soon. You will find Cache incorporates several best of blockchain tech and adds much more - including a likable imperfectness in documentation early stages due to community driven nature.