\[Note\] Discuss : Sale 3 million FTC for Official Crowdfunding
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Sorry, but I’m also no fan of that Idea.
It will create negative response and hurt Feathercoins reputation.
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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. :) -
You can’t print money with Crypto currency and that’s part of the core ethos.
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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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Horrible idea.
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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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Not sure the purpose of that last sentence, but I don’t think it was called for.
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Oppose, that idea would be very bad for feathercoin.
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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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How about we set up a pool where x amount goes towards ftc bounties?
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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.
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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.
Are you serious?lol
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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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BTW what happend with Kevlar? Link was quite overhyped, but now it seems like abandoned project…
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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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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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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?
Why so complicated?
1st there should be link to link at our mainpage!
2nd I mentioned it earlier, but this forum sucks, get rid of this colour scheme and such wasted space, do it dammit.
Just these two simple stupid steps will help a lot and should be done without delays!
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Why so complicated?
1st there should be link to link at our mainpage!
2nd I mentioned it earlier, but this forum sucks, get rid of this colour scheme and such wasted space, do it dammit.
Just these two simple stupid steps will help a lot and should be done without delays!
Ive heard that quiet often that there is too much wasted space in our forum. We should look into this problem and solve it.
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Sponsoring development through community funding is a good way forward because it doesn’t chip away at the credibility of the currency.
However, this probably is not sufficient to pay a developer his salary to sit on this until it is fixed. It is also a none trivial task. In some ways truly groundbreaking development is bordering on research anyway.
Maybe somebody with a good business face could approach the pools/exchanges to see if one is willing to take a banner on the forum in return for some FTC? It might not be a lot, but its a start…
I dunno, perhaps advertising here is not what people want to see (I don’t even know if its what I want to see), but at least we can offer a captive audience…
Failing that and beyond donations, the real challenge is to find a tangible way to monetise the resources at the disposal of the community… unless you can attract somebody willing to do it all for fun.
Either way I sympathise with the sentiment of lizhi’s post, even if the plan is a bit radical (in my opinion).
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I completely understand what do you mean. But we cannot just sell a number of FTCs and let the price tank. Instead, we should sell into the demand (pump), and offer buyback at a slightly lower price. This would bring profit, as well as assure the buyers that the price will not tank 10fold when they need to sell.
