Quote from: JwJimJim on Today at 11:17:42 AM

Quote from: Protwoco on Today at 09:28:04 AM

Quote from: TheCanadianBach on Today at 06:12:08 AM

You should have a look at syscoin if you like Gulden. In 2019 they reduced their block reward and added a 5% reward reduction annually.
Master nodes get 75% of the reward and miners 25%. They have a governance system where longer term masternodes get rewarded more.

I sold my Gulden for syscoin in 2020 and the coin has performed well in comparison. Gulden is still a good coin but without a reward reduction in the future after the devs increased the rewards by 80%, it left me hesitant to continue on and so far it looks like I made a good decision.

How does a decentralized coin like syscoin raise dev funding for all that development? I can understand how tokens do it but how do those developers make money.

I chatted to Danosphere quite a bit in 2014 and 2015. They invested and mined syscoin in the start, they hard workers and made sure to make plans for alternative income through the marketplace and blockfoundry. Blockfoundry has raised $10 million for syscoin funding last month, same team.

Another example is the GRS devs who have full time employment or run other businesses that only work on GRS part time.

Syscoin devs admit 3 years ago they had funding constraints but also said the adversity helped them find ways of alternative income and funding.