Re: [ANN][CHA] Chancecoin, a coin for betting in a decentralized casino
I'm all for SuperNET. The only problem I see so far, and the reason we haven't applied to join yet, is that the cost is not zero. My understanding is that SuperNET is going to want to hold 10% of our coin supply, and we're going to have to find a way to raise 50k CHA to give to them. (Correct me if I'm wrong here please.) Given that's the case, I ask the community, how can we make that happen?
If I understand correctly you don't "give them" 10% of our coin supply. SuperNET is going to buy 10% of the coin supply in poloniex or from users. That is why SuperNET is having a "big" crowd funding so they will have the btc they need in order to buy the coins they think are undervalued and have good potential to grow in the future.
edit: after verifying this with James (jl777), what i said above is correct. SuperNET is looking to purchase coins for their portfolio, it is not a donation of coins.
@devs please apply to join asap
I stand corrected. I sent an application to join the SuperNET. I will let you know when you hear back.
Magician
Great news!
As an update on other dev matters, Venetian and I have been working on the lite HTML wallet. This is a big undertaking so we don't have a target date yet. We plan to launch that before the bitcointalk ad campaign. In the meantime we are still looking to raise BTC for this.
If anyone can complete the lite HTML wallet its you and Venetian - the hard work will pay off!
Betting volume is growing nicely. Chancecoiners keep betting and promoting chancecoin.
I will do my best to continue with the marketing on twitter and outside.