Quote from: NoxX on October 02, 2017, 08:46:21 AM

Quote from: Tony Lane on October 02, 2017, 05:52:44 AM

Quote from: bluedude on September 30, 2017, 03:54:16 PM

Quote from: Phore on September 29, 2017, 09:52:54 AM

Block explorer is up...

https://chainz.cryptoid.info/phr/

Top of rich list is the swap address

As mentioned before, whatever is remaining after the swap deadline will be burned.

I am wondering if its a good idea to burn the coins after all.If its only 4million swapped now, may be by the end of the swap period, I am not expecting more than 8 million swapped coins. 8 million is a very low market cap for the coin and I would love to see all 18 million in circulation. We can keep asisde some of the unswapped coins for the dev/marketing fund, use some for a signature campaign in here, possibly do another airdrop to new members, or set a future date to take a snpashot of the existing phore chain and distribute a part of the remaining coins to the existing holders etc.I am sure people will have other ideas too.Lets see what the community and the dev think about this?

I think if we only get to 8 million coins we might need some more liquidity. Perhaps the dev might consider a further airdrop circulating 4 million or so amongst the existing holders pro-rata, which would allow more liquidity on the exchanges. Keeping an extra one million for a staggered bounty is also a good idea. Having around 13 million Phore in circulation is enough.

Tony.

Not sure I see the logic behind airdropping coins to existing holders. The raw number of coins in circulation is not too relevant, as coins are divisible.

The question is how many holders are willing to sell, and if someone who holds 10k and doesn't want to sell gets another 5k, why would they sell then?

Air dropping coins to the existing holders will create demand and buy pressure in the market as the more you hold, the more you get from the airdrop.
People are not willing to sell because the ask rate is too low I think. Many people will start selling as the asking rate increases. Everyone is looking to see whats the total number of swapped coins be like.

bluedude

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