10% premine out of 18 milions? you lost me from the begining. a pow coin with a 10% premine is dead from the start.
Sadly in this day and age everything costs money, without a premine we won't be able to do what we are set out to do.
Decent exchange listings costs money and so does legal services.
With exchange prices rising every week, we want to ensure that we can compete with other currencies.
normally, i wouldn't touch this kind of thing but responder here has a point, crypto has gone haywire since the ICO and masternode scams and it does often now take some kind of premine to get large-scale projects off the ground quickly.
I am assured that the premine will not affect miners rewards, and as soon as I see any kind of manipulation on price (whether it be through the dumping of the premine or other malpractice) I, like the majority of other members of this community will simply down-tools and move onto another coin.
to make this work, the devs are going to need to be patient with that premine and allow miners to build the network.
At the end of the day, if the price crashes due to the dumping of the premine, the network will stop with no miners and the coin will die. Look at the recent LitecoinCash thing... the devs hadn't a clue how to launch, nor sustain a viable cryptocurrency.
I'm not the kind of person to give second chances, so this development team, for me, need to get this right, first time, or i'm out.
good luck.
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