Hi.
Didn't mean to be rude, but if I may be blunt, this is basically what every other projects do. They funds the initial preparation of the project they're going tp offer, e.g.: company licensing, website building, and other necessary aspects for the bare minimum requirements prior to offering their platform for crowdfund, and the remuneration they got is the percentage of the total supply only --namely, that slice of the company, the 10%-- without the additional continuous flow of "passive income" generated from percentages of every transaction fee.
Hello!
We don't think it was rude of you, you can question it quietly.
However, in response to the terms used in your answer: "but if I may be frank, this is basically what all other projects do." we are not doing the same thing that other projects have done, because most of them are scams and have invested almost nothing to fool possible investors.
We developers had significant expenses for more than 1 year developing and adjusting several things.
There are monthly costs with accounting, meeting platform, contract signing platform, social network management professional, costs with the registration of the Pspay and Paycoin Solutions brands in the trademark protection organs in Brazil and several others. It is not fair to put our project on the same platter as other projects.
Furthermore, the 10% of devs works as follows: if a dev wants to sell a part of his tokens he can only do so if authorized by the other devs.
The % coming from the transaction fees serve minimally to remunerate the devs while they work on the project, after all, we intend to fully focus on the project and get out of our current jobs, but we all have family and bills to pay, so this small part would have this purpose, since we cannot dump our tokens on the market freely since this is in our contract between the devs to preserve the project and even the other devs.
Sincerely
Paycoin Solutions Ltd TeamI think I need more info on that system of 10% devs' token. This authorization, it happens after the locking period --1 year-- or do you mean within that timeframe, if any dev wanted to liquidify their token, they could witho having to wait for the locking period if other devs agreed to it?