Wow, it will be a fair launch. Pre-ann and pre-bounty, I have not seen this for a long time.
It is necessary to slightly reduce the proportion of developers rewards from each block, then everything would be perfect. Where will the funds for the bounty company come from? Will them from budget fund?
Thanks
we are always looking for ways to improve and appreciate your advice.
The budget is relatively higher than some other projects' budgets, and we're definitely aware of the need for the budget to be reasonable. The reason it is designed that way, is we want to prevent a situation where we have inadequate budget to properly develop and market the project. It is easier to deal with excessive budget, than inadequate budget.
To deal with excess budget, we plan to have a simple and effective solution, so that the amount of funds we hold stays below the stated budget cap. It will be updated in the ANN and our other material once a lawyer has confirmed there is no issues with the simple solution.
The founder has also used considerable funds of his own so that it will be a fully functional and highly competitive privacy cryptocurrency by mainnet launch, so there is a decent size Founder's Reward.
To ensure budget funds are used efficiently, we will have monthly transparent budget reports. We will take budget use feedback very seriously and always strive to use the budget responsibly and effectively.
The bounty program funds will come from the budget. More details such as amount of funds for bounty will be given when the bounty program goes live. Please sign up for the newsletter if you would like to be informed of bounty start date by email
.