Mining rewards weren't particularly attractive with the 50/50 block reward - changing PoW to 10% kills that completely.
What were the concerns of your investors that caused this change? We follow your Telegram and Discord groups and didn't see any complaints or concerns raised in either of them. Also no discussion with the community prior to this announcement.
Honestly, such a massive change in the project just two weeks after it was launched raises big red flags. At best it shows a lack of planning and foresight, at worst the more cynical may think the main beneficiary would be the premine holder especially considering the constant push to sell MN's since launch...
Hi! Thank you for your opinion and support! We understand your disappointment. Let us explain. For such a step there are some reasons we posted above. Besides those reasons, we want to gather a community of interested members and long terms investors. When member is being a masternode holder, he has a stronger interest to be steady participant of the system. Nothing impede you to buy masternode now with a pretty low price. It can give a good profit in prospect and possibility to take active participation in development of the project. You can share your ideas, propose it and vote every month. As you can see we don't get reward from each block, there is no such point in reward division. We just have a foundation (50 masternodes) which directed to improve, evolve and promote the project. All the funds from foundation will be used for following modernization and expansion of the platform like system updates, mobile wallets, promotions, bounties, listings on exchanges and all the clauses from the roadmap (
https://aken.cash/#roadmap).
It's not about lack of planning, it's about flexibility and desire to move on. We act according to our roadmap.
Of course we need to sell masternodes to extend network and use funds to promote platform, getting it more popular and attracting new community members. Listing on a big exchange takes a lot of money. Let's consider HitBTC for instance. The cost of listing on this exchange is 15 BTC. Marketing is expensive field as well.
Do you think it's not a good move? What can you advise us and what actual steps would you make as a team member?
Let's discuss it. Please, feel free to ask us any question you have. We want to know any point of view of every community member. It's important to us.