Have to agree that open accounting for the premine might be an good choice.
Will show transparancy and show that the premine is used at its full potentiall.
Maybe a better bounty list that not only includes wish for new games and promotion but also as a way to bring in devs to the scene to get better traction on bugfixes etc.
Also suggest a timeframe for the premine to be dispursed, like X amount should have been used within this time to do this amount of work, and scale the bounty level down as coin grow/diff increase
Exactly. Like the user (I am to lazy to go back and look) who spoke directly to Nut and Deviant about having the fix to patch their pools.
And the slide rule / bounty scale down is an absolute necessity.
For instance, the new lotto game rapidballs owner says "Please can you confirm what bounty you guys can come up with?"
My answer....you get nothing...zero...and now go to the end of the line.
He was approached by Hampuz who said their was a bounty of 1mil (and at that time I believe 1 of 3 bounties was taken).
RapidBalls put LOT on the back burner and all bounties were taken by the time he responded (more have been added now..I only thought there was 3 originally).
RapidBalls is already making money off just offering the coin on his lotto games. The vig on all those games and coins is plenty enough.
*no offense meant towards Hampuz, if any was taken. Hampuz is a huge win for this community. RapidBalls is a greedy and greasy slimeball taking advantage of someone's good will.
I think in business and coin development there is a very fine line between compromise and being run over. IF we allow services to run us over they will continue to do so. Not a good spend for the premine or public opinion.
The idea of operating on scarcity (no bug fixes) or out of hunger or need to be on cryptsy will run us into the ground.
Act like LOT is worth .1 BTC and accept nothing less when offering bounties and possibly accepting services.Do we want more publicity/exposure through a rapid ball lottery or any service that ran us over or
more publicity/exposure from telling services to f off if you put us in the corner.
Surround ourselves with
only those that want us to do better and will help facilitate that then we can only go up.
The rest will take care of itself then. imho.
about premine, I do not care if the founder is rewarded for the coin, as long as we all see max profit. Long term and Short term.
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