Dev exchange
On which exchanges will you trade?
Please visit our roadmap:
https://github.com/GoldCryptocurrency/Gold/blob/master/roadmap.mdWe will put our every move and plans in that roadmap including where the exchanges GOLDC will be listed. The roadmap will be updated regularly since GOLDC is a work-of-progress. Anyone can also edit the roadmap and add their own recommendations that they see fit.
40 GOLDC for the first 4 years (at block 650160)
40*650160 = ?
premine:60000000
LOL,Smart Boy
Wow that's a great catch. Premine is 5% of total supply, but over 68% of supply over the next 4 years. Even if you only look at developer reward (11 million, not 6 million, because if you look closely, the developer reward is listed twice in the pre-mine distribution), that's still 30% of supply being developer reward for the next 4 years.
Nice try dude. I'm all for developer rewards - they deserve to retain a small chunk. I don't have a view on what's appropriate, but 30% is WAY too much.
It may look like our premined coins is way too much but the 44,140,185.5 GOLDC will be used for the development of Gold Cryptocurrency & its blockchain applications, and the other 7,789,444.5 GOLDC is for marketing budget. We believe that
funds (if used honestly) are the most important factor that determines the success of a decentralized currency. The best way to solve the issue of big funds is through
transparency and that is deeply rooted to our philosophy. Ethereum and most cryptos are not being transparent in their use of funds and you'll never know if they're doing pump and dump schemes or if they put it in their own pocket.
Our second GOLDC application (see roadmap) is a transparent social network for GOLDC holders and supporters with one goal in mind:
make GOLDC bigger and stronger! It also acts as a
fundraising application where it's the GOLDC code devs who will fund the projects created by the community using the 38,947,222.5 GOLDC worth of funds we have. Imagine how many small-time programmers who will participate to get their share of the developer's funds. It will result to a
decentralization of funds, faster productivity and different kinds of clever ideas will be showcased. It will also encourage users to make their own third-party applications that will make GOLDC more necessary and useful for the normal people. We know it from the start that we as a small team of developers, with no funds that backed us, is not enough to reach our dream to make GOLDC top 10.
The second application is not supposed to be put in detail today since we're afraid others will copy our original idea. But I guess it's needed to be made public as soon as possible to remove the doubts. We believe that this is our best chance to promote
liquidity, accessibility and decentralization.
Recap of the distribution of the 51,929,630 GOLDC:
38,947,222.5 GOLDC (75%) = decentralized funds to reward community's projects, not the core dev's projects
7,789,444.5 GOLDC (15%) = marketing (e.g. advertising, press releases, growth hacks, etc.)
5,192,963 GOLDC (10%) = funds for core devs to create the main projects
The roadmap is still a work-in-progress, we have so many ideas to be put in detail and to be available to the public. Please understand that in order for us to be reach our goals, we need the community to support us!
