Dear former & future Supporters,

We do understand your concerns, and were on the very same opinion as you are now when the owners behind the business requested us to relaunch with (quite big) premine amount.

But their reasoning was very simple, we either do the premine so they can fulfil their investors' needs, or we just can't. I would trust a coin behind which there are real business processes much more, than a 1947th coin which has nothing to offer really other than the previous ones.

I know that we didn't list anything yet about the great business solution behind the project, but we can't at the moment (we have no permission from the owners). We agreed that we won't promote or endorse the coin we have built in any way until there is transparent straightful communication from the owners towards the community.

So yes, the current situation right now is:
- This coin is mineable
- We welcome your mining power for securing the network
- You shouldn't invest a single penny at the moment into Alicoins
- There was a relaunch with a quite big premine for the owners

Please keep in mind that there needs to be a reason for the premine, the owners are putting value into the coin with their business solution. Until then, either help us mining, but please do not go on with guessing without proper insights (we do not know all the details either btw.). We just got this job as developers.

Our two main criteria for taking the job was the following:

The project must not be aimed at scamming anybody on this planet.
We took it for a minimal development fee, plus we will get the owner's shares'3%.

So we are heavily interested in the development of this project. Stay tuned guys!

We are discussing the swap possibility with the owners at the moment, we will get back on this topic soon.

@gfigg42 and @Csouza :
The owners now know that they had this one and single chance.
We are very sorry for this and the owners do know that they can not pull off anything like this again, or they are not to be trusted.
My personal opinion is that everyone deserves a second chance, but that's just me.
Feel free to move away from this project if you can not agree with this by any means. Hope you guys stay though

Thank you for everybody's support & the miners!

Dear Alicoin miners,

we updated our first post.
Please read it.

Thanks,
The Alicoin Dev Team

--- NEW ANNOUNCEMENT UPDATE ---
2018.02.18.

Dear former and future miners and supporters of Alicoin,

We apologize not providing prompt answers after we announced the coin.

We are the developer team behind the project. The owners behind the business wanted this to be a fair launch, so that the coin is mineable by anyone whos willing to commit their computing resources into this project. On the business side, they need to offer coins to a very few selected investors in the very near future, so physically they wouldn’t have been able to offer them in such a short time period due to the popularity of the coin when it launched, with over a 100+ kH/s overall total network hashrate.

Their decision was to relaunch the coin with a 40% premined balance on their side, from which they can fulfil any investors’ needs.

Still, we take this matter seriously and responsibly and advise everyone not to buy a single Alicoin until the whole business starts publicly and transparently.

Hope you understand, and we are sorry for the inconvenience.




Regarding other requests:

• We will offer official public mining pools in two EU regions most likely on Tuesday

• We will create a Block Explorer next week

• We will publish all source code on GitHub also next week. (we are working from a private repo at the moment)

• We will build Mac and Windows wallets most likely within a month

NEW Wallet:
Linux: https://alicoin.network/files/alicoin-linux.tar.gz













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