~~~~ Einsteinium Team Update ~~~~
We have just turned 3 days old!Time to burp us and change the nappyThat’s right Einsteinium is
JUST 3 days old, and yet we already find ourselves listed on 2 exchanges, a third,
www.Lazycoins.com,
will be listing EMC2 from the outset. We have twelve pools, two faucets which we, and you the community, are keeping stocked, plus a block explorer.
As I write this the network is at 1.33GH/s there have been 5626 blocks mined totalling 5,761,024 EMC2 in circulation.
EMC2 is bouncing between 400 and 1400 sat on the exchanges, even if the volume is low, which considering the turmoil the alt markets have been
seeing over the past few weeks we see as a major achievement. But we know that EMC2 is worthy of a higher price and are confident that
when listed on an exchange with larger volume we will see the price start to climb towards our short term target.
So, please keep voting for us on Cryptorush and Mintpal!https://cryptorush.in/index.php?p=votehttps://www.mintpal.com/voting We also strongly feel that being listed on both
http://coinmarketcap.com/ and
http://www.coinwarz.com/cryptocurrency would be hugely beneficial
in getting the word out about Einsteinium to the wider alt community, therefore, if you are member of any of their required exchanges
please hit them up and request that they list EMC2/BTC.
BTC-e - Crypsty - CoinEx - Coins-E - Bter - Vircurex - CoinMarket.io - Crypto-Trade.com - CoinedUp - mcxNow
Down To BusinessWe are growing the team! We would like to welcome on board the first member of the community to join the Einsteinium Team;
KreativekryptoWe will be reaching out over the next 24 hours to one or two other members on this thread to enquire if they would like
to get more deeply involved – keep an eye on you PM inbox
Android WalletWe have an Android wallet in progress for Einsteinium, it’s not far off so we’ll keep you posted on the progress.
Press RecognitionWe are reaching out to a number of blogs and traditional media in an effort to raise awareness of Einsteinium, Crypto blogs are
an obvious first port of call and hopefully you’ll be seeing the Press & Article section of the OP start to fill up nicely. We are not
stopping there though, we are casting the net further afield and contacting science and technology media as well.
If anyone has a direct
line to a blogger or journalist please point them here and the foundation website and have them reach out to simon@einsteinium.org – it’s not what you know it’s who you know!Reddit and TwitterKreativekrypto will be leading our Reddit and Twitter initiatives. With the team still currently low on numbers we’ll be
starting off with moderate sized competitions, but expect them to grow over time.
The FundsThere is a very interesting concept we are testing internally with regards to the Einsteinium Foundation Fund.
If it pans out as we hope you’ll all be the first to know
TransparancyWe will be publishing the main fund wallet address very soon and that will be followed by a public ledger of transactions.
...AND
Please, Please, Please send us some suggestions for science related projects that you feel are worthy of support by the Einsteinium Foundation.
Leave your ideas here or contact us through the web site www.einsteinium.org. We have selected four to get things rolling,
you can see them here: http://einsteinium.org/nominations/ THIS is heart and soul of Einsteinium, we want the funding to be as
democratic and inclusive as we can possibly make it – get nominating! Together we are funding the future with the future of currency!
We NEED Your FeedbackAs you will no doubt be aware because of the block halving the collection for the coin promotion fund is weighted towards the
first 3 years of mining. However, we have been working with figures that spread the promotion fund equally over the first 10 years
of the coins life. That gives us a little under
7000 EMC2 each Epoch to spend on promotions and give-aways.
Now, that puts us in a quandary, there is ECM2 in the pot to achieve certain goals in the very short term, purchase 'votes' to get on cryptorush or Mintpal,
pay for advertising and hire marketers. However that would leave the promotion fund much shorter in numbers of EMC2 in years to come, for example it would take
around
250,000 ECM2 to buy sufficient ‘votes’ to get us listed on Cryptorush, a site we are confident that we will be listed on organically over time.
Of course the counter-point to this argument is that in years to come the value of EMC2 will be significantly higher.
So we open it up to the community.
Do we spent now or ensure that there are promotion funds for many years to come?Thank You.
The Einsteinium Team 
