Quote from: Philll90 on March 14, 2014, 01:58:07 PM

Quote from: YinCoinYangCoin on March 11, 2014, 07:10:16 PM

PoP? (Proof of Possession): This offer lasts until all coins are distributed
We want to create a community who holds their coins and builds this into something viable, so we will reward users who don't dump. Each week you get a random amount of either yin or yang, but if you pm us with a dated screenshot showing that you held onto at least 75% of your coins, then you will receive an extra 10% of coins each week you do this. We are calling this Proof of Possession!

New Task: Ends 03/22 (We will give tasks occasionally to benefit the coin)
To help the future prices of the coins, we need some upward buy movement. So, when you pm me a screenshot of a minimum .1btc buy order on either Yin or Yang, you will receive 10% extra coins! Screenshot must show that it is your trade history, and must include time and date.

I think only 10% more coins for POP is to low, if you want effectively avoid dumping. I don't think that this will discourage the most holders from dumping the coins on an exchange, if they want dump.
I think you should do the POP more individual.
For example:
Showing that you held onto at least 50% of your coins, then you will receive an extra 10% of coins each week.
Showing that you held onto at least 75% of your coins, then you will receive an extra 25% of coins each week.
Showing that you held 100% of your coins from all weeks, then you will receive an extra 100% of coins each week.

I also think that the reward of 10% more coins for a 0.1 BTC buy is to low. Do you want that the coin will be successful? Then I think you should give better rewards to the supporters who will make this coin strong. I think 50% more coins for a 0.1 BTC buy is fair. But this must be done individual compared to the trading volume of this coin. But for the start with the low trading volume it is fair I think and after some time when the coin has a bigger trading volume per day you could decrease the reward.

I think it would be much better for the coin and the distribution if the random amount each week by posting your address is relatively low.
And therefor give bigger rewards to the real supporters, who hold the coins or invest in the coin. With this the dumpers who just want to get quick money by dumping would get less coins, so there would be also less dump. And the people who believe in this coin and make it strong get more.

BTW are there any requirements for getting coins? I mean date of registration of the account and/or the activity? Because I'm afraid that people could create multiaccounts and then the distribution isn't fair at all.

I can look into how much I can offer in terms of rewards, but I don't want to overdo it. Weekly distribution is going down dramtically after this week. Going from 1000-10000, to, 100-1000.