Hi!
We are not going to use any usual methods, especially not pump&dump.
Currently there's an internal discussion about the purpose of the premine, I expect there will be the final decision in a few days.
Since this coin was created with children in mind, and I kinda have the veto on the subject, the whole premine will most probably go to the needy children all around the world. The premine has already been transferred to a paper wallet (please have a look
here), which will be donated to a chosen charity organziation as soon as we make some pre-arrangements.
I don't want to fool anyone, please don't take this statement seriously until we make an official announcement and produce some evidence.
The basic idea is to transfer LEA to the charity organization's wallet, which will have to be officially documented. The organization will have the right to activate the funds at their own discretion, at any time, and use it according to their actual priorities.
Our job will be to use LEA as much as possible, mine, trade, find some merchants that would accept LEA, and get involved in other activities that could increase its value.
The address that holds the premine is
LcPCkHJW72godProWkjUDyneqnv3NwgmLd, so anyone can watch it's status.
At this moment all the funds are in one single wallet, but it may be split in the future if we make arrangements with more than one charity organization. Whatever happens, this is the address you could also donate when the time comes, and if you feel like it.
I'm personally hoarding LEA as much as I can, for I strongly believe we have enough skills and good will to put it through.
I repeat - don't believe this particular message. If you'd like to participate, please hold on until we make some progress and document it.
And finally, a friendly hint to the miners selling their LEA for peanuts: don't.
Have a nice day, everyone!
