The final distributionmodel
https://i.imgur.com/MuGtRdA.png
Dear Bitcore community,
we wanted to say thank you to all of you and your broad support!
The first weeks were very successful, and we are happy to announce you the following points:
1. The claiming at bitcore.cc from the april snapshot will end exactly in November, the 2nd, 2017, 12 pm CEST (UTC +2).
2. The increasing demand of Bitcore motivated us to gift you with two nice surprises.
We will create an actual snapshot of the bitcoin blockchain in october, the 30th. Every adress with min. 0.001 BTC will be funded with 40% Bitcore (BTX) of the total amount per bitcoinadress.
At this way, we will distribute approximately 7 million Bitcore (BTX) directly. In the end we drop around 45-50% of all nonclaimed bitcore and increase the circulation supply with around 8 millon coins.
We load the coins directly to the public keys, which are included in the snapshot. You can redeem them without a time limit.
We also have a special surprise for our loyal bitcoreholders on october, the 30th. Every bitcoreholder with local wallets loaded min. 10 BTX gets an special one time airdrop of 25% instead of 3% !
3. We will be updating our weekly 3% monday airdrop. At the beginning of october, we place an online registration page for the 3% airdrop. You have to registrate ONE TIME your BTX adress with a signed message.
From november, the 2nd, the weekly monday airdrop will be only paid to registered adresses. The rule to have min. 10 BTX in your wallet will be dropped.
To be sure that you are captured for the snapshot, it is imperative that the Bitcore (BTX) have arrived in your wallet not later than 6 blocks after midnight!
We reserve the rights to make changes as required.
Your Bitcore Team
Jon, Chris & Steve you really think that you can redistribute "approximately 7 million Bitcore (BTX) directly" in a single move without the sending the Price to shit and screwing every single early buyer of your coin ?
You serious ?
Road to 10 cents!
Way too many coins , way to quick and topia buysupport only.
You should try to read it again and understand what it really says.
This is the facts:
For the first snapshot it was 1 bitcoin = 1 bitcore. The new snapshot 1 bitcoin = 0.4 bitcore.
From the old snapshot: PAYOUT SINCE LAUNCH : 466839.4380 BTX
And that is 5 months in. If the same amount of people claim their new BTX, it would only bring 0,40 * 466839 = 186735 new BTX into circulation. The remaining 6813265 would be not be claimed.
'We load the coins directly to the public keys, which are included in the snapshot. You can redeem them without a time limit.'
Nobody needs to claim these - they are already in the wallets so total supply will automatically be increased by 7m.
