Quote from: machicafe on July 29, 2014, 02:28:40 AM

so i just want to get this straight, there is a 3000 block total premine (which is equivalent to 3000 coins) and given the diff/low rewards per block there could be a chance for this coin to be worth .3 BTC. So the premine would be about 900 BTC? IF that is true or becomes true I think that is a bit high and lets be honest 900 BTC will motivate or persuade people to do things good and bad. maybe some clarification on what exactly the premine will be used for and what the devs projected value is. I cant justify mining a coin with low rewards and low value but i also can justify mining a coin with high vlaue and comparatively high premine amount. I may be off here so please correct me

As you may have noticed by now this will be a privacy/anonymity centered project. There are some more complementary anonymity features being cooked behind-the-scenes by the actual dev team, next we would like to use our coin to promote ToR related trades since they've been using bitcoin until now and need a coin that features privacy features, some part of the premine will be invested on this. We will also begin the hiring process of 3/4 more developers so we can have 6/7 active developers constantly working and delivering updates to the coin, we believe this is important because the altcoin industry is very, very competitive and to keep value going up you need constant updates.
Someone to work as a PR will also be hired with premine money. Bring new investors and update the community on what the team is working behind the scenes will be his job.

Right now we are working on delivering the first anonymous feature and also getting on the first exchange, expect news on this soon.