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Email from Neucoin:
"
Exciting news!
After completing a successful beta with a test coin, NeuCoin itself will be launching later this week.
Here’s what you need to know:
Launch
At the time of launch, NeuCoin’s source code will be updated at github and all presale buyers will receive an email with instructions for taking delivery of their NeuCoins. The online wallet at MyNeuCoin.com will also be opened to the public. Soon after that, the marketing website GetNeuCoin will go live and start acquiring mainstream users.
Exchanges
NeuCoin will be listed on Bittrex and Cryptsy within a few days of launch. More exchanges are expected to follow in the months after launch.
Delivery of NeuCoin tokens bought during the presale
You will be sent a separate email with instructions on how to collect your NeuCoin tokens bought during the presale at the online wallet MyNeuCoin, where you can also download your private keys.
We’re excited to get going! Keep an eye out for more information in the next few days.
Cheers,
The NeuCoin Team"
Looking forward for the launch.
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From what I see angels, presale buyers, people who filled up surveys and team are very motivated in a success of Neucoin.
How do you see that, number of Neucon sockpuppets in the thread? “If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.” - Satoshi Nakamoto |
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From what I see angels, presale buyers, people who filled up surveys and team are very motivated in a success of Neucoin.
That makes a large group of motivated people working towards one goal. The power of community efforts usually equals good results.
Those who don't like Neucoin have a huge choice besides Bitcoin - Litecoin, Peercoin, Ripple or more exotic like Unobtanium and etc.
Don't get all this whining around it. If you don't trust them, move on.
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Coin holdings restricted for use or saleFirst of all, unlike any other cryptocurrency project, all members of the founding team, angel investors, and service providers of the NeuCoin Project have agreed to the imposition of use and sale restrictions on the NeuCoin tokens they have received or will receive. Restricted coins become unrestricted according to the following schedule: - 2% of holdings per month in the first year
- 3% per month in year two
- 4% per month in year three
- 5% per month in year four
- 6% per month in year five
- After year five, all restrictions expire
Illustration of how the re-sale restrictions work in practiceConsider an angel who owns 1 million NeuCoin tokens on the day of launch. For the first month after launch, the angel cannot sell any NeuCoins; indeed the angel does not even have any access to the private keys for his/her tokens. During the month, assume the angel’s NeuCoins grow to 1.08 million due to POS rewards. At the end of the month, 2% of 1,080,000, or 21,600, would become unrestricted and sent to the address of the angel’s choice. At the beginning of month two, the angel has 1,058,400 restricted NeuCoins. During the month, assume this restricted coin balance grows 7.9% from POS rewards to approximately 1,142,000 coins. At the end of the second month, 2% of this balance, or 22,840 coins, become unrestricted, and will be sent to the angel’s address. And so on. This seems ok. Makes everybody motivated to increase the value of the coin, at least for 5 years. |
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