before i put more rigs on this, let's make sure it is not another scam waiting to happen.
1. what are the public addresses for the premine? the 3% premine wallet for the devs, the 2% premine i guess was given out to the LUCKY few investors, and the other 90% + premine wallet for paying folders out?
Let's see some accountability from the dev team. Who exactly are you ? i mean if this turns out huge, and you have millions or billions of dollars of crypto held in your wallets, who are you?
why won't someone else come along and do exactly the same thing without 3% premine and 2% given to a few people that donated before you closed the donation period?
Yeah cause creating a coin such as this that works as well as this really comes for $0. I really see how someone will make something as good as this without a premine. and the 2% those people waited months for their coin's with some people believing the project wasnt going to happen. What happened? the project launched and everyone got a real bargain. I really dont understand you're reason for thinking this is a scam
Ahmed
How about you let them answer some of the important questions.
Premines need addressing, they should be held by escrow level members and released over time for continued support. 3% is a LARGE premine. Imagine 3% of BTC? 2% given to a handful of others is quite a bit too, however yes they took a risk, but many others wanted to invest but got told no.
EVEN over looking these things.
Where are the public addresses ?? and who are these people?. If this DOES turn out to be a scam and i am NOT saying it is, it will do a lot of damage to cryptos image.
If you don't understand how not giving the public address for all of these premines does not look good, then that is more your problem than mine. Since you are heavily involved with this project of course your opinion should be viewed with caution. I guess with the block explorer you can see them. However are they split into various wallets for security? are they all held by one person? who has control of them?
There is no harm in asking these questions, i hope they provide satisfactory answers so we can proceed with this project knowing it won't turn out like many others on this board.
3% premine is okay, if we can see where it is and if they don't dump it as soon as the price reaches their target level. I am not against devs getting paid.
2% given to a handful of people.... again we will have to accept that although soon each one could possibly have received several years of mining with multiple rigs if this takes off.
However the huge bulk of the coins needs to be guarded carefully of course, also as this grows the id of the devs in control of it all should be made public.
1) A lot of effort went into the dev of this coin compared to the usual cut and paste alts out there.
2) 3% premine was large last year but not nowadays given the giveaways and any external dev cost in the future.
3) I don't think the 2% split amongst the donors equates to a lot of coins right now given how users have started folding and mining.
4) You can't see the addresses yet as there's no block explorer yet.
5) I think the identities are already known as the lead dev had to communicate with Stanford at the beginning.
I've seen a few scams and this doesn't smell like one.