@Sword555
I can't calculate the exact amount upfront! We will know the exact numbers after the puppet removal!
But i can state 1 fact: 60% out of 1Bil belongs to the NODE Members! (600 000 000)! No matter what!
Also 500 000 stays 500 000! It won't decrease!
So to bust some myths that are going trough people's minds:
WE ARE NOT RAISING OUR SHARES! 60% stays 60% or 600 000 000!
I will go back in time and i will remind (or inform ) with some pace changing events:
- We initially stud to gather 3500 Members! But the community proposed and alternative, and to end the IPO at 1341stakes with a auction.
-That auction ended with selling more than the fixed amount of stakes! (1400+). At that time to keep the same amount of coins of 447427, and not delude the already set number (600mil/1341), we promised to include the extra stakes in to the 1341 limit, by removing the puppets.
- After a while we encountered a bug, and had to delete the user base! We Pm our members, to make new accounts, and then set a deadline and a penalty for not complying. (this lasted a month+)
- That penalty
LINK was set, and the community accepted this initiative! That measure was necessary in order to speed up things, and commence to the distribution and launch! The only downsize of the penalty, is that if you haven't made an account till 27/06 you will be left with a minimum of 20 000 after 10+ days of being late! And the rest of the coins will be distributed to the community. (The coins won't go in to the dev's pocket). I do agree that 20 000 out of 447 427 is harsh, but this accounts for many variables. Some people already forgot that they invested, other might be puppet accounts! Others will remember after an half of year that they are a member, early birds that only wrote "interested" and forgot about the project, etc. And an other frame factor was that after the coin get's on the market the value of 20 000 might be equal or surpass the initial investment.
- After a while we announced an increase from 447427 to 500 000 Nodes per stake! The logic behind this action was as follows:
at that time we had approximatively 130+ late accounts (members that didn't create an account) and they were subjected to the minimum amount of coins due to being late. So we made some math and we got extra coins for the community. Also we assumed that the member list had 80-100 puppets! But we did not expect it to be higher!
- We were ready to launch, and to do that we had to quickly go trough the puppet removal! We thought it will last +/- one week! But then again, when we started analyzing the list we were shocked! Especially the case when a Chinese guy had 45 puppets... really... 45!!!
Now we are a few days apart from finishing that step > and we will be on our way to the launch!
Regarding the 20 000 Minimum! What do you guys think??? Should we keep this penalty??? Or should we increase the minimum guaranteed amount!
My personal opinion about this is that if we keep the coins for those that are late in to claiming their stakes, it will only hinder the further distribution of coins!
I would like to hear your opinion about this!
@ ifightformerkel - As i see the community has nothing against you keeping that stake! In this case, to make is fair for everyone, we will remove the penalty for all those that were late till this moment.
@Terrible - Puppet removal Deadline was se 30/7! After that the things will start rolling! I will update everyone, and set 100% sure, terms closer to 30th.
