Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XCloudcoin | Beta Invites | Profit Share | Decentralized anon |1 Millon
by
PondSea
on 08/08/2014, 20:17:41 UTC
The premine percentage will be changed after the ICO ended to reflect the actual number of coins sold on Bittrex. However the number of the premine will still remain at 150,000 because that was the number used by private investors to assesed the future value of XCloudcoin File Hosting Share.

Xcloud is not purely an investment or hoarders coin, we expect people to buy the coins on the market for payment of our Coud Storage Services. The Initial Coin Offering was used as a price mechanism in determing the price structure of XCloudcoin Storage Services and to further stabilized the price we decided to remove the mining parameters from the coin specifications. XCloudcoin Plan will be backed by the ICO price which will be adjusted periodic on average market price.

Dev, I think you are smart enough to see where we are coming from.

You NEED to reinstate the 5 million coin total then distribute the coins proportionally to everyone depending on their investment in the ICO.

This is the ONLY FAIR thing to do. Anything else and you are just being greedy. Less coins means more coins for dev which means the coins are worth more so more money for him.

Also you have not stated as to what you are going to do with the premined coins? Will you be selling 50% of the premine to pay off this "loan"? Where is proof of such a loan?