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March 02, 2018, 03:40:58 AM |
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Interesting project but since it is only POS, the only way to get some coins it 1) to participate to the "proof of support" program or 2) to buy coins to master nodes.
The "proof of support" is define in the white paper as :
"A community member that has done a task such as make a development contribution, craft a post to their followers about IoTN, run an IoTN full node(s),or has contributed something to the IoTN project will submit proof of their support to the IoTN team. Based on the quality of the submission in comparison to other’ssubmissions during a given week of the Proof of Support Airdrop Fund schedule, IoTN masternodes will be sent to the top contributors"
In short, to participate we need to 1) offer the best "task" in a competition with other people that want to participate (with no certainty of reward...) or 2) to buy.
This seems to restrictive to me, or it looks like a ICO.
What will the core developers do ? (if we are supposed to maintain the code, do marketing.... if I understand correctly)
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