net hashrate 3.25 GH/s, not bad for a ""premined scam coin" (quote)
Yep I think this is it, Not saying we will go to the moon, but I was instantly attracted to EAC, And I also view the premine as equity for the future developers. As a small business owner I have a respect for the foresight to try to some type of sustainable compensation to keep the business model alive.
I think the nay-sayers just enjoying crapping on new coins. There is MUCH bigger and sustaining profits going long on any crypto than there is trying to make a quick buck on hype. I'm hoping most devs would prefer years of multi-million dollar payouts for they're efforts than to cash out for a couple hundred grand soon as it hits an exchange and dump the project.
I think I would take EAC much less seriously if the dev's had no stake in it from day one.
I agree.
I came across this article on the Earthcoin subreddit, and thought it articulated the idea of a premine potentially being a good thing, fairly well..
http://cointrader.org/what-is-earthcoin/If you scroll to the end... they're also giving away free Earthcoins. Not sure if the giveaway is still going on, but I got 400 last night, so maybe.
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