Quote from: HeimdallCoin on June 28, 2018, 04:00:37 PM

Pre-Mine
The Pre-Mine will consist of 15%, This may seem high and we know that but for this project to work a premine is required as these are the coins that will be paid to the players that are hard
at work mining the resources in game.

The pre-mine is absurd.

15% of the total supply. So 15% of 18.4 million = ~2.76 million.

Keep in mind that the 18.4 million supply isn't available right away. The devs haven't clearly stated what the block time or rewards are or anything but the coin supply typically doesn't fully materialize for a few years after launch.

So the devs would actually have something like 90% of the circulating supply, which would only very slowly dwindle as a percentage. They would have total market dominance and control, and could kill the project with a single dump.

It's not really a decentralized currency at that point.

It's an interesting project and I wish you the best. But I think you're vastly over-reaching with that pre-mine, to the point where your greed is threatening the viability of your own project.

Bearonkit

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