Quote from: dadcoin on March 23, 2014, 02:16:49 PM

We will set first 1-800 blocks to 40-80 coins reward

so you guys don't have to worry about the Instant Mining.

The developer will premine 0.5% for bounty rewards.

The breakdown of the premine usage:

0.5% of the total coin 50m will be 250,000 coins

> Dad Gambling Games will get 10%-20% of the premine as Bank Roll.
> Dad Exchange 1,2,3 will get 5% each of the premine for extra funds to process withdrawal / deposit
> Dad Game & Events will be using 10-20% of the premine
> Dad Giveaway will be 10% of the premine
> Dad Pool operator will get 4% for first pool, 3% for 2nd pool and 2% for 3rd pool.
> Dad coin MAC OSX wallet will get 5% of the premine
> Dad coin logo design will get 4% of the premine

So far the top events will use up like 54% of the premine (0.5%) which is around 0.29% of the premine

> We purposely set coin maturity to 180 blocks so that you will not so easily face error of coin FORKED and lost your mining.

> Dad coin final 47% of the premine 0.5% which is about 0.25% will be use for future development like improvement of wallet

Why we want premine 0.5%, as you know that its not easy to maintain a coin without the develop interest, everything is about crypto coin, so without
a solid base of premine coin (just 0.5%), the developer team will not able bring this coin to the next level.

We think 0.5% is pretty fair and not a SCAM coin. If we are to scam, we would do a bigger premine.

Dad coin team consist of 3 members, we have no financial difficulty, all grown up adults with solid income from market trading ( real fiat trading ) and
we create this coin is to

1) Learn new stuffs of managing a coin
2) Promote a solid and stable coin
3) Engage in the crypto world.

Feel free to comment on the 0.5% premine, if you guys think its too much, we can lower it to like 0.2% as long its fair to you guys.

--- Instant mining concern ---
Blocks 1 to 400 blocks will give 40 reward each
Blocks 401 to 800 blocks will give 80 coins
Block 801 onwards will give the full reward 200 coins each.

WE ARE NOT FROM CHINA. WE CAN TYPE CHINESE DOES NOT MEAN WE ARE FROM CHINA. WE ARE FROM SINGAPORE

> Singapore named the world's most expensive city 3 March 2014
http://www.bbc.com/news/business-26412821

KGW from start+ pre ann + ascending block rewards is a bad combination.
Either start kgw from block 1000-1500 either get rid of the ascending rewards.
Nobody likes KGW from the start of the coin it is not intended to be used at start but when the coin has a lot of attention