More justifications for the 2.7 years of coin premine go here.
11 million, 60 million, hell take it all. It will have no value on any exchange either way. No value means no money for you and no ability to work on it fulltime. Take a far smaller premine, lock it up in contracts released once a month (you say you want a wage right, not an up front moneygrab) and buy orders will actually be placed on exchanges, and you will be able to work on it fulltime.
I consider this a rather insightfull comment. This currency can actually self regulate its own premine (unlike previous bitcoin clones). If the devs were to lock up the funds in the block chain and set a release mechanism at set points in time it would go a long long way to building trust. Especially if the first pay out was set a month or two in the future. Some aditional contracts could be set up for bounties etc.
It is what we are doing. Its all in the OP
No you are granting yourself 10% at launch, the point made by the previous poster was you should delay that at least a while, until it is not such a large % of the total supply. I appreciate the fact that as "gas" or crypto fuel this is not the same concept as a pure currency, but as the reality is it will have some monetary value which you could sell on an exchange. The point is if you want to build trust that should not be available immediate upon launch and at the time of the release should not be a large % of the total supply. This action in conjunction with acontract controling the release is the act that builds trust.
My recomendation is propose somthing more like: at any point the relase is no more than 5% the total supply to yourselves, and the first drop does not happen for at least a few weeks. If you want to control additional contracts with releases for bounties thats great too, but you have 10% at launch right now that could be dumped. I see nothing contrary to this.
If you want to use the 10% as a "wage" thats totally legitimate, but then do it as an ICO and then let contracts implement a thawing out period to distrubute those funds to the ICO participants over a period of time as well.
