I appreciate the gesture, it should helps clear some doubt from people. If you don't mind to clear another mystery that shrouded your project, can you point us out to your tokenomy? I couldn't find them in your github (and within it, your very drafty draft of whitepaper) or website, and as far as people can learn from the ann is that you allocate 3 million tokens for team, assuming that sentence on your post is talking about team allocation and not other things
Yes, sure.
It's in the code
https://github.com/ArielCoinOrg/arielcoin/blob/master/src/validation.cpp#L1155Here is a link to colab to check the data:
https://colab.research.google.com/drive/1d13NFendT2lNtic0HaTCq1o6Vb-_rxHc?usp=sharingTotal coins: ~151,000,000
3,000,000 coins are allocated for the long term project development.
Coins will not go on pre-sale or dumped and will be used to ensure long term project development.
Payments to developers. Bug bounties. Infrastructure. Listings.
Once we implement Layer2 we are going put some of the coins to smart-contract and introduce DAO with coins available to developers.
We are considering sending most of the coins to time-locked address before any listings to ensure community that we are not any kind of dump scam project.
1 block per minute
Grace period is ~1 month
Blocks 1 - 600 : 5000 coins per block ( Team )
Blocks 601 - 10680 : 50 coins per block ( First week )
Blocks 10681 - 20760 : 30 coins per block ( Second week )
Blocks 20761 - 30840 : 20 coins per block ( Third week )
Blocks 30841 - 40920 : 15 coins per block ( Third week )
Then subsidy is 11 coins per block, with 4% deflation every year (525600 blocks)
First year 11 coins per block
Second year 10.56 coins per block
Third year 10.1376 coins per block
and so on
I hope that clears up things a bit.
Don't hesitate to ask any questions I will answer.
Kind regards.