Hello friends and community members.
If you hadn't heard, Premine (PMC) is going through some labor pains.
Soon PMC will end and from its ashes will rise PMP.
If you are not familiar, Premine was the first entirely free 100% giveaway. It was also an experiment to see what will happen after the block subsidy ends and mining must be sustained solely by transaction fees.The experiment will continue on, carrying over what we have learned from PMC into its successor PMP. This time it will be backed by the full force of the PMC community and the community will decide how it lives and how it dies.
This is not the
Official Announcement for PMP..
This is a
Swap Announcement to let you know how and when you can swap your old coins (PMC) over to the new protocol (PMP). We have premined enough coins to cover every single PMC, all though we expect a large portion of these coins to have been lost permanently. A portion of whats left over will be used to fund bounties for development of whatever the community decides is important (chat? anon messaging? you decide!). Afterward whatever is not exchanged will be destroyed publicly.
Don't worry if you didn't take part in the first PMC experiment, we premined enough to have a great big giveaway for you too! Just like the first giveaway it will be completely fair and transparent. More details on that in our
Launch & Giveaway Announcement.
New guidelines:
To more closely match the giveaway schedule Swapped coins will be allocated over the next 3 months. With 30% the first month, 30% the second and the final 40% at month 3. This will help protect the currency from whales dumping and allow it to appreciate in value without steady downward pressure.
As well, to compensate the reduction in max coins, PMC swapped will be at a reduced rate of 3:1.
Please understand your stake % is the exact same amount (i.e. 100/1000 or 10/100, etc).
Step 1: Open the old
PMC wallet, send all your
PMC to the official burn address
1PMCxxxSWAPxxxToxxxPMPxxxXXXUfNchWStep 2: Copy and save your transaction id
Step 3: Download our new (temp)
PMP wallet
https://mega.co.nz/#!XEggxLTJ!zPibDE_PeWxYZSDu4pRv9psf1N6FSOusLBCSdStgL84Step 4: Put the included .conf file in the roaming/PreminePlus directory
Step 5: Open the new wallet and copy your new
PMP Address
Step 6: Message
PMCswap with your transaction id and new PMP wallet address (DO NOT POST TX OR WALLET IN THIS THREAD)
Step 7: Check the
public excel doc later to make sure your transaction amount and PMP address are correct.
Step 8: ? ? ?
Step 9: PROFIT!
The PMC/PMP revival is being managed by myself with help from longtime community members such as
kbroadfoot and
NulluTo ensure transparency different members are being assigned different tasks. kbroadfoot will be helping with the swap, while Nullu will be helping with the giveaway.
The Swap funds will be split up into two pots, 250k will go to kbroadfoot and the other 250k will stay with me. We will take turns paying out the Swap amounts until the Swap period ends.
The swap starts now! Don't worry though, we want to make sure no one gets left out so you have three months to swap your PMC. After you submit your tx id and PMP wallet address to the
PMCswap user account you will be added to the public excel doc and we will send your new coins.
