Quote from: Korean on June 25, 2014, 06:35:34 AM

Thanks.

I have a few questions that I would like to ask.

1) How do we stop against forks from happening? It might spawn a nightmare of clones. Do you have a team that focuses on community building or will you release it, have the code audited, and once everything is good, release it as open source further on? Delayed release of source until proof of concept?

The code is complex and is not just a copy/paste job. We have spent over 5 months working on this and fully plan to release it open source. That is the spirit of the whole crypto community and we intend to continue that line of thought.
If somebody can improve the code great!. But I doubt you will see lots of clones out there fast, it will take more than copy/paste and a few parameters changes to get this going. Never mind improving it and fixing potential issues.

And yes, most of the team will be focusing on community building and support where needed.

Quote from: Korean on June 25, 2014, 06:35:34 AM

2) What is the price per coin in USD? 0.01-0.02 cents per coin is pretty favorable, 0.05 cents is a bit too much. How much funds are you looking to get? And how are you going to use the premine funds?

268,824,600 (268.9 million)
Launch date: TBD depending on time to fully fund Presale.
Premine: 8% [5% Presale, 2% Devs, 1% Bounties and Rewards]

At 8%, that is about 21.52 million coins. At 0.01 cent per coin, that would be $215,200 which is a lot of money. With 134,500 going to the premine. More if the price per coin that you set will be higher. Just curious what the money will be for?

What will the 2% Dev money be used for. Will the funds be time locked for a year to ensure investment long term in project success and growth?

We will release all this info shortly. As danosphere mentioned we are still looking at the reward schedule and the max coins. More to follow very soon.