Bitcoin Forum
November 13, 2024, 05:38:39 AM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Poll
Question: How many stakeholders should CommunityCoin have?  (Voting closed: April 11, 2014, 08:21:22 PM)
1000 stakes - 32 (21.9%)
500 stakes - 81 (55.5%)
500-1000 stakes - 8 (5.5%)
<500 stakes - 11 (7.5%)
I don't care - 14 (9.6%)
Total Voters: 146

Pages: [1] 2 »  All
  Print  
Author Topic: [Poll] How many stakeholders should CommunityCoin have?  (Read 2865 times)
xlcus (OP)
Legendary
*
Offline Offline

Activity: 966
Merit: 1009


View Profile
April 04, 2014, 08:21:22 PM
Last edit: April 05, 2014, 07:35:20 AM by xlcus
 #1

Hi, All,

The initial plan of CommunityCoin is to distribute 1billion coins to 1000 individuals, each got 1 million coins, totally free. There are several rules for applying the stake.

The distribution has lasted for about ten days.  The dev has received a lot of applications. However, some of them are fake (not qualified or cheaters).  The dev judged them carefully. It's the main reason why the distribution is slow. Untill now, about 350 stakes have been granted and delivered.  At the present speed, a long distribution stage (~ one month) may be expected.  

The dev and the community realise that the long period may add large uncertainties.

Here there is a plan to speed up the distribution.
The targeted amount stakes can be changed from 1000 to 500. The amount of each stake will therefore increase to 2million (1million before).
That means we can complete the distribution within one week.

What's your opinion?

cheers,
X.

EDIT:  There is another poll for how many funds will be reserved for bounties, giveaways:
https://bitcointalk.org/index.php?topic=557616.0
greenclover
Full Member
***
Offline Offline

Activity: 195
Merit: 100



View Profile
April 04, 2014, 08:26:45 PM
 #2

Hi, All,

The initial plan of CommunityCoin is to distribute 1billion coins to 1000 individuals, each got 1 million coins, totally free. There are several rules for applying the stake.

The distribution has lasted for about ten days.  The dev has received a lot of applications. However, some of them are fake (not qualified or cheaters).  The dev judged them carefully. It's the main reason why the distribution is slow. Untill now, about 350 stakes have been granted and delivered.  At the present speed, a long distribution stage (~ one month) may be expected. 

The dev and the community realise that the long period may add large uncertainties.

Here there is a plan to speed up the distribution.
The targeted amount stakes can be changed from 1000 to 500. The amount of each stake will therefore increase to 2million (1million before).
That means we can complete the distribution within one week.

What's your opinion?

cheers,
X.



500, each gets 2 mils
communitycoin
Full Member
***
Offline Offline

Activity: 126
Merit: 100

COMM


View Profile WWW
April 04, 2014, 08:26:55 PM
 #3

I voted thank you. I feel good. community works.

Everything We Do is Driven by Comm.

http://www.youtube.com/watch?v=6FEDrU85FLE
xlcus (OP)
Legendary
*
Offline Offline

Activity: 966
Merit: 1009


View Profile
April 04, 2014, 08:28:13 PM
 #4

I voted thank you. I feel good. community works.
thank you. I hope more people can participate.
miramare
Hero Member
*****
Offline Offline

Activity: 1162
Merit: 568


View Profile
April 04, 2014, 08:31:04 PM
 #5

Both 500 and 1000 stakes are ok for me.
Anyway, I prefer a quick distribution.
BitcoinBaBa
Full Member
***
Offline Offline

Activity: 225
Merit: 100



View Profile
April 04, 2014, 08:38:13 PM
 #6

The quicker the better.After that we can really focus on further progress and development of the coin.
Oto3
Member
**
Offline Offline

Activity: 195
Merit: 10


View Profile
April 04, 2014, 08:39:04 PM
 #7

1000! More distribution is better!
xlcus (OP)
Legendary
*
Offline Offline

Activity: 966
Merit: 1009


View Profile
April 04, 2014, 08:46:11 PM
 #8

1000! More distribution is better!
yes, theoretically speaking, you are right.
However, you may realize the present distribution is so slow.
The dev said they had about 330 stakes granted two days before.
Now the number is about 350 stakes!
10 stakes per day!!!!!         
At this speed, the distribution will be completed in 2 months!

And the fact is that those who are interested in this coin and also qualified have already involved in. The left are either not interested in this coin or not qualified. 

Endless wait is useless.
jertsy
Sr. Member
****
Offline Offline

Activity: 341
Merit: 250


View Profile
April 04, 2014, 09:05:02 PM
 #9

The quicker the better.After that we can really focus on further progress and development of the coin.

I agree and voted for less than 500.

Ideally the original 1000 would be best, and if possible 500 would be good, but it it takes too long I think less than 500 is a fair compromise.
Oto3
Member
**
Offline Offline

Activity: 195
Merit: 10


View Profile
April 04, 2014, 09:08:48 PM
 #10

1000! More distribution is better!
yes, theoretically speaking, you are right.
However, you may realize the present distribution is so slow.
The dev said they had about 330 stakes granted two days before.
Now the number is about 350 stakes!
10 stakes per day!!!!!         
At this speed, the distribution will be completed in 2 months!

And the fact is that those who are interested in this coin and also qualified have already involved in. The left are either not interested in this coin or not qualified. 

Endless wait is useless.

Using this logic the distribution of Auroracoin should be stopped immediately. Wide distribution, large userbase is what gives coin value.
lemfuture
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


View Profile
April 04, 2014, 09:10:35 PM
 #11

the larger scale community the better
dont be overly concerned about slow phase. i think the whole cryptoworld including bitcoin itself is in slow gear

1ADLcfwTofFXb95pKhebpeRkJ4WTWsvQXB
romawi
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile
April 04, 2014, 09:25:39 PM
 #12

1000! More distribution is better!
yes, theoretically speaking, you are right.
However, you may realize the present distribution is so slow.
The dev said they had about 330 stakes granted two days before.
Now the number is about 350 stakes!
10 stakes per day!!!!!         
At this speed, the distribution will be completed in 2 months!

And the fact is that those who are interested in this coin and also qualified have already involved in. The left are either not interested in this coin or not qualified. 

Endless wait is useless.

+1 agree

cryptowho
Full Member
***
Offline Offline

Activity: 182
Merit: 100

Ask me about Karmacoin


View Profile
April 04, 2014, 09:25:52 PM
 #13

+500 or above is fine with me. Its a big enough number to split the coins. Once it hits an exchange a lot of people will dump and it will allow coins to be distributed to more wallets. Don't ware yourself out with this. as long as its not 200 people owning the coin. it should be alright. the free market will adjust the coins distribution

looking for C++ coders , web-dev and coin-devs to join karmacoin team. We are trying to expand. we have so many goals. Challenge accepted?  PM me.
paddox
Member
**
Offline Offline

Activity: 77
Merit: 10


View Profile
April 04, 2014, 10:59:07 PM
 #14

500 sounds about right to me. That gives more people a chance to apply but still allows the full distribution in a reasonable time.
xlcus (OP)
Legendary
*
Offline Offline

Activity: 966
Merit: 1009


View Profile
April 05, 2014, 07:36:36 AM
 #15

Add a new poll for vote the development fund fraction.
Rune
Legendary
*
Offline Offline

Activity: 1229
Merit: 1001


View Profile
April 05, 2014, 08:05:15 AM
 #16

I voted for 1000 it really should be 10,000 but it's hard to distribute to that many people and not get people getting in on it 10+ times
testadimerlo
Sr. Member
****
Offline Offline

Activity: 826
Merit: 263



View Profile
April 05, 2014, 10:29:43 AM
 #17

Hey guys, what's happened to the community post? I'm not able to reply or quote... And you?
https://bitcointalk.org/index.php?topic=529481.0
communitycoin
Full Member
***
Offline Offline

Activity: 126
Merit: 100

COMM


View Profile WWW
April 05, 2014, 12:59:05 PM
 #18

Hey guys, what's happened to the community post? I'm not able to reply or quote... And you?
https://bitcointalk.org/index.php?topic=529481.0
New Thread https://bitcointalk.org/index.php?topic=558319.0

Everything We Do is Driven by Comm.

http://www.youtube.com/watch?v=6FEDrU85FLE
celebreze32
Sr. Member
****
Offline Offline

Activity: 296
Merit: 250


View Profile
April 05, 2014, 01:17:16 PM
 #19

Any more than 500 will take so long that people will lose interest.

If people start losing interest the coin will slowly die. 500 stakeholders is best for COMM.
Nxtblg
Legendary
*
Offline Offline

Activity: 924
Merit: 1000



View Profile WWW
April 05, 2014, 01:27:52 PM
 #20

I voted for between 500 and 1000. If I recall correctly, there's already about 500 stakeholders as of now - so 500-1000 gives the dev the flexibility to make a judgment call on ending the distro. As guided by input from the Community, of course.  Smiley






██████████████████████████████████████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████▄▄▄███████████████████████
███████████████████████████████████████████████████████████████████████▀▀▀████████████████████████
██████████████████████████████████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████████





...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!