This is a great initiative, I just got 1 question.
Say you have just over 1 million coins, what happens if I buy something from a merchant and drop under 1 million... do you get a certain amount of time to buy back more coins to remain in the club?
We've had the same question in the dutch part of the forum and here's what LTEX answer was:
The goal of this club is to bring and keep together the serious stakeholders. In the event that someone one's coins drop below a million then that does not matter that much as long as the account is active and contributes. It's the intention the check on a monthly basis but he's leaning towards a form of more social control
Well that's translated quickly and in a nutshell.
So I guess allthough it's important being active and contributing maybe equally or even more important. It's also possible for people who do not own a million to become a member. Active members will be able to vote on if the person seems to be a real asset. Do not pin me down on any of this, ask LTEX if you need to be sure of things.
C.