Ok, so:
Announcement of VMC DEV Team !
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1st of all, sorry for the little delay and thank for Y'all for ur patience.
We've been busy lately with the background work, and we are only 3 in the team, all humans, with own life, work, family etc, You know real life.
We also need some sleep sometimes.
Despite all of this, we've spent most of our time for organizing/managing things, regarding VMC's future...
We'd like to present our plan for short term and long term as well, to let You ALL know, what is to expect in the near future with VMC.
Our main goal is to drive this coin to success, make it valuable, long lasting, durable and kind of resistant against dumping.
If You like it:
Precious !!! 
Our plan is to create a persistent demand for VMC !
We'd like to do it in different ways:
1st is: Building a Multipool !
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(lets say, close to construction getting started)
This pool is to support the long term growth, profitability, and value of VMC.
This would be a Scrypt Multipool with several well known reliable/stable scrypt coin, like LTC, DOGE, FTC
and also some new scrypt coin which are the most profitable on the market. Might be totally new ones with high profitability, but probably not too long lasting.
In this way we need a really good choosing method for picking them, and probably will need to change/switch frequently, based on their profitabilty. (it is under construction)
The point of this Multipool is, that the payout wont be in scryptcoins or in BTC, but VMC.
We plan to sell all the mined scryptcoins daily, buy VMC for the funds, so miners also will be paid daily in VMC, based on their daily share.
Our objective with this pool is to create consistent demand on the VMC markets. We could do this through a couple of key methods:
Mine other profitable alt coins and then use those funds to buy VMC on the market. (This creates a consistent "buy" pressure)
We leverage buy walls to prevent price manipulation of VMC markets as much as possible.
Paying attention to new and upcoming (read: profitable) coins that have a market demand.
By being able and willing to adopt coins earlier than other multipools we can stay ahead...and further support the VMC market.
The reason we've choosen scrypt, is that we want really HIGH hashrate on the Multipool. (ASIC SCRYPT MINERS ARE WELCOME !!!)
We will announce some rewards as well, for high hashrate miners...
With high hashrate we can have enough funds to create a strong buy pressure for VMC on a daily basis !
In this way VMC value should skyrocket, which is the best hype (promotion) for the coin.
We are on coimarketcap already (thanks for those who have helped managing this) so raising of volume will catch some eye.
Ofcourse we wont go off with marketing, working on different commercial solutions...
Currently 8 millions of VMC sitting in IPO holders wallet (please keep em for a while) only 7000 blocks are mined which is around 1.2millions of VMC.
So from 9millions of mined VMCs, only about 1 millions to hit the market.
When new ppl are interesting in VMC, there will be a growing demand on the market.
And we all know the rules of Demand and Supply.
Whichever is higher, the price will follow up and down...
This is good for IPO Holders, and good for Miners !!!
2nd: We'd like to encourage everyone not to sell their coins, for a while, so we are working on a bonus reward system !
It would be kinda stacking (PoS, Proof of Stake) but in different way.
In PoS You are being rewarded by VMC, in case You stake ur coins for some period of time. Different percentages of PoS are on the market from 0.5-2 or 3 %
We thinking about not rewarding the stackers with any more VMCs, but to buy some of their VMCs from them with BTC on a premium price !!!
It is under development, but high above marketprice ofcourse ! (will be announced later)
We dont want to implement all of our innovation at the same time !
Timing is crucial, and we want it to be steady...
3rd: You may remember, that for IPO it was announced, that You can reedem ur VMC after 60 days for GHS on CEX.IO
It is still valid of course.
But:
We plan to make it possible to BUY GHS (CEX.IO) or even KHS (Scrypt.cc) for VMC.
It is under discussion, we are contacting with the responsible persons, and will let You know about the details, when time is coming...
Last but not least:
We are working on an aggressive marketing, we'd like to present ony any crypto related site where is possible, to get to the most people in CryptoWorld.Till everything is sorted, ofcourse we are buying VMCs using our own fund, to keep the demand in an acceptable level.
You can see we are working hard on making VMC unique and usable
and
we really want to make it successful and valuable !!!
What You can do, till we work in the background:Let some of ur friends know about VMC.
Everyone has at least 1 more miner friend who is mining somthing else.
Convince him/her for VMC !
DO NOT EVER DUMP ur VMC, please !
Wait for bonus reward system development is being finished, so You could be the one, who gain a lot on it !
And also You can propagate VMC on any platform, let ur facebook contacts know about it, put it on ur signature on forums, or any chat surface (pool, exchange) so the more pppl know about it, the higher the network hashrate will grow and this way the higher demand will be created !!!
Our goal is the same, we should do for it together.
Build a glorious community here for VMC !
You can also contact us at:
info@virtualminingcoin.orgAny positive idea, suggestion is welcomed
