Post
Topic
Board Announcements (Altcoins)
Re: [LTCD] LitecoinDark.com ★ Scrypt ★ Difficulty Shield ★ Multipool ★ Fast
by
Martin958
on 23/11/2014, 18:07:10 UTC
We would like to know about the pre-mine, the same as you and many others. We do not have any confirmed information about the disposition of the pre-mine that we can verify yet. We do not know what it was used for, at this time. We can not make a firm statement of any kind unless and until we have something solid to base a statement upon. Regrettably, that is the best we can say TODAY. We are not avoiding the issue.

The new team can only provide transparency going forward. We may not be able to provide transparency about events that have taken place before us. We will try, but most of our focus and motivation will be directed toward the future more than the past.

Re-iterating your earlier point about donation wallets is redundant because we have already indicated that we would post information for each transaction. We have said this more than once. We do not conflict with you. We agree with you.

Could you also find out what the 80% of pre-mine that got sold into BTC was used for?

Since the community has taken control of the coin I think we all need total transparency on what funds have been used and where they went.

This way we can all make rational decisions and vote for what we think is needed next.

I also re-iterate my earlier point that all future funds and donation wallets be shown on the new website (with transaction notices attached where relevant).

If you can show exactly what has been used it will attract new investors. Honesty is the only policy in a very scammy crypto world if you are serious and want to succeed long term.
I never said you were conflicting me. Please don't take me out of context. It's nice that you agree however and apologies if I missed the earlier point that you were going to be transparent.

If it transpires that earlier devs refuse to release information on the pre-mine spending I suggest they not be included in any further affairs.