My 2 cents.
Even if dev is buying own coin its better than total premine soldout. Now premine is tracable to accounts which consist of 390k MAMMs (375k supply block). Anyway those MAMMs went through strange places (mixer too) and probably there are something about 500-750k MAMMs within dev hands. I can be wrong and drill through blockmaze on your own.
IMO better is coin where dev holding coin which is showing some kind of selfconfidency in own coin.
Always we have worser option. Look at current scam-coin wave with strange blocks for devs, premine dumps, 10% instead of 1% premine, rented farms to push diff and take all money supply.
One major dev sin: pissed on marketing side and pr. It will be hard to rebuild trust even if tech is fine and devastation was made by pointless fud.
I agree. I want them to have many coins so that the potential for them to be rewarded when they innovate is there. If they don't have any, they won't bother. I also highly doubt they're owning 90% of the coins. I managed to get a lot of over the last 2 weeks and I'm surely not the only person buying besides the devs.
I'm 100% sure he doesnt have 90% of the coins.
haha, yea, no doubt right? And even if they did, so what right? Thats the free market. A dev that's investing his hard earned money into buying his own coin is somebody to watch for sure. Unless they're idiots, which I don't think is the case here at all.
Mammothcoin user did offer me some MAMM for video production. It was a fixed rate and I think reasonable. If I were someone about to release a new cryto innovation, I wouldn't waste my money buying videos. I would buy the currency. When the price soars on the innovation, sell some and buy a video....or make a deal with a producer like myself who is also invested in the project already. If I charged him what I'd generally charge for video production, he'd be forking over about 5% of the total currency supply. Not really a reasonable investment I'd say. If you believe in this project, at this point you're buying coins, there isn't much else going on until phase 2 is actually implemented.
Good to see you are back. You are a good talent on video, lets make something awesome.