Seeing everyone so excited about this launch is very encouraging. Did the original PMC end up being a success? All I have to go on is clicking on "All" on this chart, going back to January. Why the price drop?
https://poloniex.com/exchange/btc_pmcIn terms of community involvement yes I would say so! Unfortunately the lead and only developer bailed on the project soon after launching due to personal reasons. The community did an excellent job of rallying behind it and building infrastructure. But without that central lead, that motivating force, it was doomed to fail. If no one is updating or adding to a coin, it is quickly left behind. We like what Premine stands for and have made it our mission to see it succeed.
We have plans now to ensure continued development and support. Luckily we will have a large bounty budget left over from the PMC swap that will ensure we have enough funding to do whatever the community wants to do, over time.
In fact in this scenario we wouldn't need main developers at all:
1. Community decides on feature or change to protocol.
2. Community decides what that feature is worth (for example 5000 PMP)
3. Bounty is posted for 5000 PMP
4. Any available developer sees bounty, completes it and publishes the update to the community
5. Developer acquires bounty funds and community moves on to next feature decision
On top of the bounty system, we've planned a system whereby residual income is earned to the PMP foundation which is then used to pay a monthly salary to a developer or team of developers.
This will ensure continued development and innovation, which in turn encourages increases in price.
This will not be an overnight success, but because of our careful approach to planning and dedication to fairness we are confident PreminePlus will be a lasting crypto in the community.