Well I presume the remaining 20% is never going to be sold since it's for the network operators. Leaving you with up to 40% to sell.
The point is I control 60% now. In fact, I control gazillion simcoins, since I can print them any time I want, like a bank. They are just numbers at this point.
You either trust that my motive is to build a successful coin or you don't.
I think you'll attract more investors if there is a way for you not to be able to dump your own coins.
Do you know any practical way to do it?
What is your motive for focusing on building and running an exchange this early, when the coin is still far away from completion? Won't the time taken to run and support an exchange detract from valuable time that should be spent on developing SIM? You may view that as an awkward question but I think most people will be wondering the logic behind that.
I actually agree with you. But people wanted to trade and since I already had an exchange, it was not too time-consuming to just, basically, re-style it and rename NXT into SIM.
You can look at it as IPO phase II, where we continue to distribute simcoins to more and more people. Already 220 people own them vs 210 after the IPO.
