Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Qora | IPO | Escrow | 100% POS | New Source | Beta Available
by
dzarmush
on 08/05/2014, 00:39:53 UTC
I'd suggest go completely other way - as suggested, rewards for running nodes etc., maybe just partial IPO to fund the development...

We'll have rewards for running nodes, development etc. The only difference that those things will be funded by major stakeholders instead of dev. You'd prefer all money concentrated in one person's hand? Like in NHZ? I'd prefer money distributed among many people who will help the coin to succeed.

As for Nxt I think its IPO model works just fine. BCNext gave all coins to 73 people and disappeared and nothing bad happened. Nxt doesn't depend on one person or even on a team. The whole core team may disappear but major stakeholders with 30-50M coins will find new devs within hours. If some greedy envious assholes are bithing about Nxt distribution it's their problems. Nxt will be the number one currency for a long time. Only Qora may overcome it  Smiley