Post
Topic
Board Announcements (Altcoins)
Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
WesandEAC
on 14/03/2014, 05:02:52 UTC
Nice to see you chime in John!  I am certain the community is inspired to hear that as am I.  Although not much is seen on the bitcointalk.org chats there are 10 people in skype chats working away everyday.  Everyone has really stepped it up a notch and things have been, well, inspiring.  Irrelevant of the pricing of EAC, everyone has been putting mucho effort forth and we have developed some incredible partners and content on its way.  I emailed you at 163.com Wink

I KNOW John did not dump his coins, but for the vultures that were out for blood and no way to verify that, it was the only thing that seemed to satisfy their thirst for blood.  I wished to ignore them but I was overruled.  Everyone that has put work into this coin has NOT dumped I am certain of this to the deepest parts of belief.

However miners have bills to pay and if it wasn't for them there would be no hash rate.  It is not an evil thing, it is the rule of law of crypto currency.  Our job is to find the buyers who believe that EarthCoin has a durable brand and future based on the conversation, dialogue, creativity and content creation, such that those buyers satisfy the hunger for the miners and provide a trajectory that looks enticing for a speculator. I (we) have failed up to now in that task but NO ONE is quitting for ANYTHING.

We would all like you back in some capacity buddy even if it were to listen into the Skype chats which are 10 people deep with many sub groups.  Send me a skype request, I would be humbled.  All the best!

This is John, the original dev of Earthcoin. Since there are too many wrong rumors about me. I feel that I need to post something to let you know the facts.

I created Earthcoin back in December. To better handle the communications with community, I found Norb. With whom we launched the coin together. Norb is good at graphics, and his professional graphics certainly helped Earthcoin. He later found Wes and Zark to help him on the communications side, while I was handling all the code/tech issues and new releases. We had a good partnership but unfortunately the communications between us was always an issue. We had a very different view on what is the "teamwork". Anyway I am not going to details, but at some points this was beyond the limit, and sadly I decided to quit the team.

Now on the premine. There was a 270 mil EACs premine. Of which 70 mils are spent at various giveaways and bounties (see OP for a list of giveaways, which do not include all the giveaways, many are not in the list). I handled main giveaway thread where giveaways were distributed to close to 1000 users, small giveaways are done by community members where we handed off lump sums. The remaining 200M Norb and I each took 100M. I'll leave Norb to disclose whereabouts of his 100M. For me, I contributed 26 mils to the bounty fund we created in the team (to encourage helps for EAC), including the 10 mils granted to Wes. I also spent various amount to charities, support games/faucets etc. This left about 65 mil for myself. I am not going to disclose my wallet address, or say what I will do with the coins. All I can say is that I still hold most of them. The recent down turn is clearly a confidence issue, the amount being dumped is much more than 65 mils (remember the outstanding coins are about 1.8 billions now).

With the new team in place, I wish the Earthcoin will go back to the right track, and I wish Earthcoin the best.

PS, Norb, please change password for earthcoin account, it's still the one I set originally.