Re: [ANN]CureCoin - Earn while you solve cures for Cancer. True 3.0 crypto
Most exist already, they are held in a premined wallet in cold storage. The address was given out on here earlier. There is an excel sheet you can check out in the OP.
From the spreadsheet:
dev coins : 819,935.951128006
investors coins : 541,390
total premine: 1,361,325.95
in BTC at current ask price:
dev coins: BTC 1,557.9
investors: BTC 1,028.641
total: BTC 2,586.541
these numbers, coupled with situation where you mine for 3 days without being able to see anything happening then you get like 50 coins, is why the price is dropping - the economics simply don't add up for miners - there are lot of other innovation coins coming out that dont have premine like this and are normal coins where you can see what you are mining and move around different coins each day like miners do.
I agree a bit about the premine and ipo. Both are large. The dev fund i wouldn't mind so much about since that is for the good of the coin overall. However when i hear they won't even fund a logo bounty that is kind of worrying. 819,000 coins and want the community to fund the logo?
The ipo again quite high considering the payout. However they did take a risk.
However even combined this is only 5% this coin is a saint compared to some of these coins. I mean the other decent coins with coders that do some work were either instamined to hell or entire minting given to 70people. So although both coins are good the distribution will be way worse than cure coin.
I think the devs need to start putting more effort in with marketing though. This coins should be the biggest thing on the board right now.
I kind of agree diet is probably just as important if not more important that current treatments with regard cancer. However i am hopeful that in the future there will be something highly effective developed. Even now i guess we are helping with research into other illness too. Scientific research i think is better use of hardware than we had before.
This is a great idea but could have been implemented a little better.
I think paying out the ipo and devs over a longer period of time is good.
We really need more folders would be good to see up moving to the top 10 folding teams on that list really soon.
We didn't officially fund the logo because we already have a logo (which we funded the development of), and the development of a new logo was requested by community members. However, I would like to point out that 80% of the logo pot currently pledged was from my personal coins, so we are supporting community wishes.
As for advertising, it's certainly it's certainly important, any specific suggestions?
Guys, can You please give us more details about the IPO distribution
So far it has been mentioned it is not going to be released at once which makes sense and would be the wise thing to do. But no one from the Curecoin team has actually confirmed that. Now how can I or anyone else make a educated investment decision if I dont know if the supply is going to rise 800% over a day or the funds are distributed in small pieces over a year or smth. It's pretty obvious there wont be any significant buy support until things like these are not made clear.I liked Matt's idea of promoting the coin in the folders community by modifying the teams name.
The coin it self and our folding results should be interesting enough to get some media attention. Have you contacted Coindesk, Local newspaper, Tech and gadget websites ? If Arstechnica, The Verge, Gizmodo etc are consantly writing about Doge why not about this ?
Overall I think a coin like this will market it self once all the uncertainty is removed and trading gets some traction. Could you please just clarify all the constant questions about the IPO and Folding funds distribution in more detail in the OP ?
Also, I have asked this once before but got no answer: How does the network balancing between mining and folding work ?