Simple Block Explorer online:
My hyper address: HGwdc22y1LRpgoKMSDSMBJe7KYep3ZoVDV
HYPER sent for blockexplorer bounty!
In regards to the premine concerns:
- The premine is 2.5% of the total coins which will be in circulation in 10 years - 60 000 000 coins - this is when HYPER moves to PoS phase 3 which is 2% annual interest, calculated and compounding daily.
- The premine is not designed to be used to be "dumped" (that would be bad for those of you who are supporting this coin, and also for our projects) but is for quite the opposite actually, and includes the following:
1.) Market Stabilization Fund
which will be used on the exchanges to try and ensure HYPER has a strong and growing exchange rate on the exchanges. With this fund we should be able to supplement buying support on the exchanges and set a strong floor for the HYPER price. We need a stable HYPER price to make this a viable currency.
Do you even have experience running a fund? We don't know who you are, at this point you have earned ZERO trust. Since we don't know if you will dump the coins or not I volunteer to do the following to help the coins.
Establish the amount of the premine that will be used for the Market Stabilization Fund. Send me the amount, I will run the fund. In doing so I can act as an escrow for the coins and you can focus on development in other areas. I am trusted member, you are not. The fund in my hands will add value to the coins. The fund in your hands will make people worry because we don't know you, you can dump at any time.
I have a track record. You can check out my HBN Investment Journal. Its 100% transparent and block-chain verifiable. I am more than qualified to take on the task. This is how I will run the fund.
1. Establish a PoS mining operation using the money from the fund.
2. Use PoS mined coins to inject liquidity into the market.
4. Use a portion of the coins to pay for a cryptostocks listing.
3. Open a Cryptostocks.com listing in BTC that is connected to the fund
4. Convert a portion of the PoS mined coins into BTC
5. pay out that portion in dividends to stockholders (either weekly or monthly)
6. The rest gets reinvested into the fund to support market-making activities.
I can bring value to the coin. This will also give you more time to focus on other areas, as well as bring more confidence to the coin.
The fund will add liquidity to the open market. It will payout dividends to stock holders. It will add value to the coin, as I will be able to make a proper market and help the coin discover its true value.
If the people involved with this coins agree let me know. I can assure you that this community will not be disappointed.