Quote from: doulos on March 30, 2014, 04:59:34 AM

+1 for deciding to go for X11

Now if you want GiveCoin to be the ultimate charity coin...

make it a NVC/HBN based PoS coin and add StakeForCharity

https://cryptocointalk.com/topic/4390-preparing-hbn-v14/?p=78577

I agree this is an excellent idea. If you premine it the stats show you risk it's adoptance plus you are relying on charitable contributions from a majority that are in this for profit. It helps to see the world through the eyes of others if you truly are only in this for charity, which I doubt. Otherwise you feel some other gain which is non-monetary. If you start with X11 POW, Zero premine, then POS going to charity you produce a solid foundation for charitable donations regardless of any particular persons greed. Give this coin a chance!!!

By doing this you'll have a constant income of coins for charity and you could also make a percentage to support your administration and even a few holidays, honestly nobody cares as long as you graft to promote it and avoid the STIGMA of premine at all costs.

Create a coin for reality rather than best wishes and you'll do well.

Great ideas Doulos :O)