premine

[dracolumina]

I am going to be starting a coin.  I have plans for the coin in the near future and I need some premined, what is a reasonable amount to premine for bounties, pay for coding, ect.

[Beastlymac]

I am going to be starting a coin.  I have plans for the coin in the near future and I need some premined, what is a reasonable amount to premine for bounties, pay for coding, ect.

I would say the maximum that is acceptable to premise is < 5%

[Cboy]

The lower the better . I think 3-5% would be fine.

[fast2fix]

i don't think so anyone would work for your until paid in bitcoins and the premine should be <1%.

[Willisius]

0% is perfectly acceptable. Anything else is doomed from the start :\

[sx100]

I am going to be starting a coin.  I have plans for the coin in the near future and I need some premined, what is a reasonable amount to premine for bounties, pay for coding, ect.

I doubt anyone will accept a small percentage of your coin if you plan to get someone else to code and create the coin for you.

[Lauda]

The less the better actually. Although I'm not touching any IPO or premined coins even if it is 0.1% premine.
I'd say 1-3% is acceptable for most.

[dracolumina]

the coding of the coin will be by me, was talking about for a little bit later.  My thought is to do a no frills basic scrypt coin that will be the basis for the currency of the webgame I am developing (round based, round runs for 7 to 10 days and half of what is spent goes into the jackpot for the winner)  Which is why I need a little bit of it premined so I can set a "minimum" jackpot and run the game for a few rounds with the jackpot.  Then the community can decide how much the jackpot is worth by trading the coins around on exchanges.

Should be doing an announcement here in a few days about it.



dracolumina