Quote from: asplinux on April 23, 2014, 11:49:50 AM

In my opinion (I'm not the dev), fair distribution and fair contribution means that everyone that is involved must devolve a small part to the coin itself, instead of leaving it with much higher percentage to smaller number of people on volunteer base, we already saw with other coins that does not work.

This is the only 100% guarantee of support for the coin people are investing/profiting in, any other way leaves space to scammers, whales, dumpers and greedy miners.

As I said as well on Twitter, I think this is a fair model distributing equally profits and expenses and guaranteeing long time support (devs/team will be always interested in keeping it up), that's where most coins fail. Also the scarcity and low reward guarantee an equilibrium between miners and traders, avoiding huge dumping from miners and guaranteeing a more stable price in the long run.

Whoever is in, must be for profits and for sharing a 0.05% back to the community. Other coins will follow this simple and fair model I think.

Are my numbers wrong? For every 1 coin that is mined .05 is "donated" towards development. So that equals 5%?