I see IPO and ICO everywhere....
Hi Jez,
LaunchLaunch of the coin will be mid to late January, plenty of notice will be provided to all miners and all pools will have the source to setup well in advance.
Mining DifficultyThe mining difficulty at launch will be zero (or the lowest it can go) with the premine already run and transacted to the necessary wallets for IPO investors.
Legally Binding CertificateEach investor along with their wallet will receive a legally binding digital certificate that any remaining premine after IPO / IPO+ (premine is also open to IPO investors if 1.1 million is insuffient to cover demand) which establishes a fixed position for the premined 1 million (the same as Satoshi) to be held for a minimum of 5 years after launch. Guaranteed. Additional terms will include a restriction on releasing any of these coins via liquidity to a maximum of 100 per day via exchanges or any other distribution method to further preserve any level of stable wealth invested within the currency and framework.
Loss PreventionIn the event of any problems regarding the blockchain at a minimum 50% of IPO funds will retained for the purposes of compensation or other requirements to minimise any losses. It is hopeful that this scenario will not be needed in any event and that all success will be afforded. The remaining 50% as mentioned will be used for altcoin investment and value stabilisation, plus pay for future developments, marketing, technical services, staff and any other requirements to ensure the project becomes successful.
Mining PoolsIf anyone would like to message and let me know they will be running a pool for this coin in 2016 can you let me know the URLs in advance and provide link to your logo etc please.
Long Term PropA proportion of the initial IPO is designed to buy up high POS coins, again to hold for a period of 5 years, this is designed so that there is a reduction in any future altcoin "pump and dump" scenarios to lose investors money, also this will enable in 5 years to give away coins to new adopters and start to liquidate some of the altcoin holdings where people can then buy cheaply and generate a much better digital currency capital.
ExchangesAny exchanges that would like the source and to enable zero hour trading in their exchanges, again please message me so I can arrange this and add you to the OP.
Block explorer will be up from zero hour.
More information during the course of the weekend. Website is nearing completion.
Thanks alot.