I remember seeing a good post about this a couple months ago.
Latium was created with enough coin supply to allow every person on earth access and to credit subsequent referrals (105,000,000,000 coins). In order for the entire coin-supply to enter circulation, all 7 billion people on Earth would need to register. We acknowledge that not every person on Earth will receive their Latium, however, we chose this amount in order to create the fairest possible system that affords everyone at least the opportunity to claim their share of Latium.
For everyone who didn't catch that:
Max Coins = 105,000,000,000
ONE HUNDRED AND FIVE BILLIONSo even if every single person on the planet signed up (impossible) that would only account for 30 Billion.What are the other 70 Billion for?Regardless, not even half the people on the planet have computers or the internet.
You then have a max of 3 Billion people. And lets say half those people are either very young, or very old.
That leaves you with a max of 1.5 Billion people that have access to the internet and can operate a mouse and keyboard.
This accounts for a maximum of 7.5 Billion Latium.What is the other 97.5 Billion Latium for!?Keep in mind the % of the population that knows or is interested in cryptocurrencies is much smaller. You will be lucky if you get 5000 people. Which means you should be giving out
20,000,000 per person.
You are a scammer and its quite obvious.
To everyone who doesn't see what is going on this is the same as the ripple scams that were going around recently:
Step 1. Create a fictitious currency out of thin air.
Step 2. Start giving it away to people for free.
Step 3. Wait for people to start trading it against bitcoin.
Step 4. Dump the massive amount of these worthless coins you hold and cash out.
Developer is holding 105,000,000,000 coins and you get 5 for signing up?
At least with our coin I'm handing all the coins over to someone else so I can't dump them, and 100% of coins will be given away by the end of our distribution window.
Unlike latium, where the developer will hold 95% of all coins, forever.