We anticipate people living under regimes of hard censorship to use the platform without any personal identificaction data.
What happens in case this regimes or governments shut down your website or terminate your domain? How can people access they funds?
Censorship is increasing every day even is so called ''western democratic'' world that is not really so democratic if you are not blindly following some mainstream bigtech narrative.
Let me add another point. I am highly confortable changing this distribution, taking votes and letting the community guides the token distribution as much as reality allows. So, within reason, we are willing to entertain a conversation with the community to make this as attractive as it can possibly be to future network members - I really mean this.
According to your website, foundation team will hold 10% and I don't even know how much is total supply, but I don't understand how will you distribute them if there is no premine?
Maybe ten percent isn't big amount, but you will also have 20% in total for investors, campaigns, reserves and grants for developers.
It would be good f you can clarify this please.
Thank you for your questions. The total supply of tokens is 100 million. 10% distributed over 3 years for the fouding team and 5% for investors if we find any.
The tokens will be generated and allocated when users "mine them". There is also a halving component. Tokens are mined when a screen joins the network, when a customer installs a wallet and fills a disclosure matrix (list of keywords he or she is interested in), or when someone just purchases the token. Meaning that token distribution will be very scarse and proportional to network adoption, kind of similar to bitcoin.
People will hold their tokens on Stacks wallet:
https://bitfari.org/wallets/ And none of the approved wallets are censorable since they run on public/global blockchains. We have registered uncensorable domains (see
https://btc.us) to offer publicity to people in "hard" areas. We have registered marketing.btc, publicity.btc, classifieds.btc, ads.btc and several more.
Censorship is a big, big issue. With our platform you have a chance to first: show the ad to preauditors for free or cheap before being blocked, and you also have the chance to try all the screens in a city for a fixed price to find out whether any business owner will allow your ad.
Let's say you live in Iran and want to runs somewhat revolutionary ads for women's rights - we believe that we have created the best platform for this. After everyone in the city blocks your ads, you install your own screens with some friends and start showing your ads using the platform. These ads can run "undercover" and only be shown when people in the vecinity walk buy having the keywords of your movement in their smartphones. Meaning that when police or other authorities show up, the won't the see ads. You can set up one smart TV and divide the cost among 10 friends for example and show these 10 ads while financing the TV purchase with other ads. When your TV is seized, you use your private and public key to configure another screen with the same ads in a different location and keep the revolution going. I worked in Egypt some decades ago running these types of campaings and trust me, it is hard. However, this system is a new tool that will be appreciated by activists.