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    \[Note\] Discuss : Sale 3 million FTC for Official Crowdfunding

    Feathercoin Discussion
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    • lizhi
      lizhi last edited by

      Its like a premine but while the chain is live. I’m not keen on the idea. Plus 3million extra FTC appearibg for sale would push the price right down.

      We purchased a block not generated ,Similar BTS,XCP. We do not extra FTC , no increase in the total.

      I think this is a very important thing, which determines the future of the organization .Foundation will unify the management of the affairs of the world FTC.

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      • R
        rob_1990 last edited by

        I think this is a bad idea. It is showing everyone that we can manipulate our block chain for our own benefit. Loyal miners and supporters will not like this, Feathercoin haters will jump on the negative side of this.

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        • MrWyrm
          MrWyrm administrators last edited by

          Nope. I don’t like this at all.

          Like what I do: 6uuy6isbrW1SBF191Bzgui1gWxPdNKx2PB

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          • lizhi
            lizhi last edited by

            I think this is a bad idea. It is showing everyone that we can manipulate our block chain for our own benefit. Loyal miners and supporters will not like this, Feathercoin haters will jump on the negative side of this.

            We are all in the same boat.Our goal is to obtain profits.To this end, our hard work.

            So we should build a strong organization.It is a East India Company(Britain’s history and the company has a great relationship),it belongs to us.

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            • Wellenreiter
              Wellenreiter Moderators last edited by

              Sorry, but I’m also no fan of that Idea.

              It will create negative response and hurt Feathercoins reputation.

              Feathercoin development donation address: 6p8u3wtct7uxRGmvWr2xvPxqRzbpbcd82A
              Openpgp key: 0x385C34E77F0D74D7 (at keyserver.ubuntu.com)/fingerprint: C7B4 E9EA 17E1 3D12 07AB 1FDB 385C 34E7 7F0D 74D7

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              • kris_davison
                kris_davison last edited by

                Your right about having to work hard and a need to make Feathercoin a strong organisation. I think that in time all the hard work will be rewarded by the survival of the coin and it being used.
                Not all payment is financial but I believe it will also play a part. :)

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                • MrWyrm
                  MrWyrm administrators last edited by

                  You can’t print money with Crypto currency and that’s part of the core ethos.

                  Like what I do: 6uuy6isbrW1SBF191Bzgui1gWxPdNKx2PB

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                  • kris_davison
                    kris_davison last edited by

                    I guess that’s part of the reason Feathercoin exists, to get away from centralised control. If we need to raise capital for development etc I think it needs to be done separately otherwise we may undermine FTC as a stable currency.

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                    • B
                      Bitcoin last edited by

                      Horrible idea.

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                      • D
                        Davereplicant Regular Member last edited by

                        This isn’t devcoin. Almost as scary as you having 51% of the hashing and your obvious glee at the death of graphics card mining.

                        Free Tibet instead.

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                        • MrWyrm
                          MrWyrm administrators last edited by

                          Not sure the purpose of that last sentence, but I don’t think it was called for.

                          Like what I do: 6uuy6isbrW1SBF191Bzgui1gWxPdNKx2PB

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                          • P
                            pyxis last edited by

                            Oppose, that idea would be very bad for feathercoin.

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                            • lizhi
                              lizhi last edited by

                              Well, My teammates, we are in the same boat. Maybe you have a better way.

                              See other alt-coin. We have a lot of challenges. I do not want to do nothing.

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                              • ?
                                A Former User last edited by

                                How about we set up a pool where x amount goes towards ftc bounties?

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                                • lizhi
                                  lizhi last edited by

                                  New idea:

                                  We need FTC side chain. 3 million FTC will write into FTC side chain. They will be locked in side chain after the sale is completed. Those FTC in the side chain can be freely traded,but But they can not enter the main blockchain. Those FTC will receive an annual interest rate of 25% every year.

                                  After a number of conditions are met,eg:4 years later, Those FTC in the side chain will be able to enter the main chain.

                                  This is similar to an investment incentive. This will be a technically challenging.

                                  FTC_DataLink.png

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                                  • B
                                    Bitcoin last edited by

                                    New idea:

                                    We need FTC side chain. 3 million FTC will write into FTC side chain. They will be locked in side chain after the sale is completed. Those FTC in the side chain can be freely traded,but But they can not enter the main blockchain. Those FTC will receive an annual interest rate of 25% every year.

                                    After a number of conditions are met,eg:4 years later, Those FTC in the side chain will be able to enter the main chain.

                                    This is similar to an investment incentive. This will be a technically challenging.

                                    FTC_DataLink.png

                                    Are you serious?lol

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                                    • M
                                      mirrax last edited by

                                      It is not good idea, no post-premine or side chains. Being not premined is one of our strenght.

                                      I like what is happening now, hullcoin, prostate cancer donations, FTC ATM…all very nice.

                                      Just keep the hard work…

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                                      • M
                                        mirrax last edited by

                                        BTW what happend with Kevlar? Link was quite overhyped, but now it seems like abandoned project…

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                                        • ?
                                          A Former User last edited by

                                          Just a thought, why don’t the largest holders of ftc simply just donate a decent portion to a bounty pool. If you have an asic, give away 10% of what you mine.

                                          If we want the coin to grow more in value, the public needs to know that were not filthy hoarders who care only for control money and power.

                                          In regards to Link, I had a peak the other day and some appear to be uploading magnet links… The problem here is lack of publicity… We need the torrents community to catch proper wind of this. Link needs to be “advertised” more. It needs to be mentioned in Network Tools or somewhere on the website.

                                          Such a brilliant innovative piece of tech and its not been promoted?

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                                          • zerodrama
                                            zerodrama Regular Member last edited by

                                            I dunno what happened to Kevlar, but I’d be happy to reboot it.

                                            I’m down to two coins that matter: FTC and CAT.

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