[ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers

Quote from: jeremy grol on March 29, 2016, 03:41:40 PM

Quote from: freemind1 on March 29, 2016, 03:11:38 PM

If we remember what happened to Decred (0.00360000) in the first day, Lisk can reach that price smoothly.

Decred dev didn't ask money in advance. (NO ICO)
They give 1 btc for free to about 3k people. who applied for airdrop.

There is quite a huge difference eh?.

Decred team is fenomenal,dozen of people working for free. They deliver every day new stuff on code.
Decred could reach 0.1 within 2 months for sure.

Yes, for free Grin

Quote from: decred on December 15, 2015, 03:10:53 PM

Self-funded development via block subsidy - In order to have an ongoing source of funding for development work, a consensus rule has been added to allocate 10% of each block subsidy to a development organization. This entity is transparent and responsible for funding development work performed by current and new developers so that the project remains sustainable without a funding dependence on outside forces in the future. Decred therefore improves with growth in a sustainable way and is accountable only to its users.

iii. Initial Funding and Airdrop

The development of Decred was funded by Company 0 and from the pockets of its developers individually. The cost of developing the project, in terms of developer pay, totals to approximately USD 250,000, which Company 0 paid to developers. An additional amount of approximately USD 165,000 has been allocated for unpaid work and individual purchases by developers. We felt that the most equitable way to handle compensation for these expenses was to perform a small premine as part of the project launch. The model is unusual in that no developer received any amount of coins for free - all coins owned by developers will either be purchased at a rate of USD 0.49 per coin from their own pockets or exchanged for work performed at the same rate.

The premine consists of 8% of the total supply of 21 million coins, meaning the premine consists of 1.68 million coins. Rather than allocating the entire premine to the bring-up costs, we decided to split the premine equally between compensation for bring-up and an "airdrop", where we freely give an equal amount of coins to a number of airdrop participants. This means Company 0 and its developers will have put roughly USD 415,000 into the bring-up since April, 2014 and receive 4% of the total supply, 840,000 coins (at USD 0.49 per coin). The remaining 4% will be spread evenly across a list of airdrop participants as part of an effort to build the Decred network and decentralize its distribution. Coins held by Company 0 will be used to fund its ongoing work on open-source projects, such as Decred and btcsuite.