I did some calculations and...
The 450000 coin premine (divided over 3 developers who each get 150k coins) is pretty huge.
450000 (premined coins) / 100 (block reward) = 4500 blocks worth of premine.
Each of those blocks would normally take 5 minutes to solve.
5 (minutes) x 4500 (blocks) = 22500 minutes
or
22500 (minutes) / 60 (minutes) = 375 hours
or
375 (hours) / 24 (hours) = 15.625 days of continuous block solving without pause.
Naturally it'd take many more times than that for the average user to get a similar amount of coins from Proof of Play. Bots would be able to do it to some degree and that might be a concern in the future. Same happened to Huntercoin for example. The bots aren't perfect but they seem profitable enough for the people using them.
This isn't to say you don't deserve those coins. In my eyes you do deserve it since you created innovation in a time of copy paste coins which die within a month.
If you want to gain more support from users and investors, I'd advise to use a trusted escrow.
User:
escrow.mshttps://bitcointalk.org/index.php?action=profile;u=76380This user is a trusted member in our community. I'd like it if you'd:
- Keep 90% of the premined coins in the escrow's possession.
- Post the escrow's public key
- Make a contract with the escrow and post it in the main post.
- 45000 coins of the premine will be returned every two weeks(this can change depending on what the community prefers) to the devs.
This is still a lot considering the effort needed to mine.
Good job on this coin, you'll gain my support if you use this advice.
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