Re: [ANN][Crypto-offering] LitecoinPlus (XLC) / fast / green / bounties
Please someone link me to the post where XBCplus promised the IPO funds will go to the community and not into his pocket. Every IPO I know was for the devs and not for the community.
What he said +1. Prove it!
I don't want to bring stale bread up to the surface but a lot of people don't know what is going on.
No one will be able to prove it because there is nothing to prove. I never stated the XBC 'ipo' was going to the dev fund. In crypto land, ipo is a loosely described meaning to distribute the supply (especially with the rise of POS coins). A LOT of coins use this term on bitcointalk and rarely do they intend the actual meaning. My apologies.
It was clear from the beginning that the 47,500 XBC that everyone voted to destroy was meant to be the dev fund. This information was on the voting thread, in IRC and on the poloniex trollbox. At the time of destruction, this was over $200,000 USD worth.
I'll prove it. XBCplus - recognize this post of yours? Source is here: https://bitcointalk.org/index.php?topic=549485.0
IPO's require a website, additional info, info about the Dev, and all the specifications of the coin. In my book, if you don't have those, you're a scam..
Just saying.
Just saying.
Completely understandable. I am working on a lot of your suggestions right now but my primary goal is to get a coin launched. I won't be revealing my identity but I may get other veteran members to vouch for me.
Give it time, there is a lot of information coming.
There is no premine, the dev team will be raising all funds through the IPO. The rest will be put into a reserve controlled by the XBC committee.
I know you will probably delete, and probably the original post as well. At least maybe someone will see this before you get to it.