The block explorer rich-list shows a concentration of coins being held by a handful of addresses. Although the data from the rich-list is limited in what it reveals on it’s own, it does give us an indicator that coins are concentrated to a few holders.
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We do not need to sell off or give away quantities of this coin to support it’s development. Proof of Stake premined coins are meant to stabilize the network and the economy surrounding a cryptocurrency.
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Rather than deplete the holdings of premined coins we plan on using the interest accrued by them to continue the funding and expansion of ArtsyCoin. The interest generated through staking the coins will be used to contribute to the development and support of ArtsyCoin.
i support these statements
a well-managed premine can bring great economic benefits.
but never forgettting the adage that with great power, comes great responsibility
- and in the longer term it may be necessary to destroy all remaining premine to create total trust in the system.
i strongly feel it would be beneficial to reveal what address are at yr dipsosal. - even address #11 seems premine (or a 1million BSY bounty, which seems unlikely). (also #12 and #39 for a couple more random looks)
it certainly appears that the premine is still largely available and scattered - some addresses seem linked to both PoW and PoS mining so it would be useful to reveal current quantity of coins at disposal
- 6 months of 100mill at 2% is roughly speaking 1 million coins (also not including any compounding nor PoW) , which is 6.13% of the "free" coins above the premine quantity. (not that PoS works that cleanly
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i had the thought that a store API which could be used to create a central market place for remote stores would be pretty cool. so i could open my own store on my own server, and the central market place would include my items.
not sure if that is inluded in yr idea but definitely having a bunch of stores would be ace.
keep up the good work