Goodday all
I had a meeting with the team last night. We are going to destroy a part of the premine
We decided to re index the premine funds.
We still have 139K left of the premine.
7500 GLOW must be paid to our Promotion guy.
The signature campaign must be paid.
Our android developer agreed on a 20K glow offer instead of the previous 30K
This will leave us with about ~110K glow.
The total amount of GLOW will be a lot less then 3 million. By some quick calculations, we will not even touch the 2 million total after POW. This makes our premine a ridicilous chunk of the total coins. We dont want that, and I am sure you guys dont want that
We have decided to destroy 70K of the ~110K that will be left after paying the promised bounties
We hope we can make this happen in co-operation with bittrex or c-cex. So we will have no influence on the "destroying" address
Working on that, please be patient