Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CPS] CryptoPowers coin X11 DGW with PowerVault
by
CryptoPowers
on 20/06/2014, 23:05:44 UTC
Regarding giveaways the only thing the website says is below, it's the same thing the OP says.

For more info on bounties or giveways please visit CryptoPowers.com

How do we get the giveaways?

You say



We will start the giveaways hopefully within the next month or two depending on the finances.



However, you have already premined 33% of the coins for purposes including giveaways.

You say



Premine
This Coin is premined 33% to fund the PowerVault.
First of all, there will not be a dump of permined coins at any time.
All permined coins will be used for Bountys, Giveways, Site Development and Micro funding.
All permined coins will be kept in offline cold storage called the Power Vault.
All Premined coins will have public addresses listed on CryptoPowers.com.
The only way to remove coins from the Power Vault is by user voting.


However, there seems to be no way to vote for coins to be released for giveaways.


It is not coin giveaways or CPS it is Item giveaways that I am talking about.

All of the vault coins are locked at this time. None have been removed.

I guess we have more then one type of giveaway. As far as vault coins are concerned only a vote can open the vault. As far as giving away things that are not CPS coins and have not been paid for by CPS coins, no vote is needed to start. So if we giveaway a T-shirt or new car or something like that, no vote would be needed to start the giveaway but a vote is needed to finalize it. But not in the way that you are thinking.

I'm not sure what to say, it would make more sense to you if you knew the whole project, or if CPS coin had a decent value, but barring that it's hard to understand. Item giveaways should in theory increase CPS value by requiring cps in order to vote.