Am I correct in figuring that the airdrop to a max 5,000 folks equates to $82.32 USD each?

don't know how they will set a price of $0.49 on a free market. but yes this are my figures too.

That's correct, assuming 5k people sign up for airdrop and it fetches USD 0.49 per coin. The exact numbers will be made public once the airdrop process is complete. The cap is set that high on purpose, so it can be as inclusive as possible - given that this project isn't built on hype. If it fetches less than than in USD, the devs lose because that's what they'll be buying at/exchanging for - that's set in stone now. The risk of the project is carried by the devs. If it fails, they lose the years spent working on it and the money they put in.


Nobody can determine what the price will be. That's how much it cost to develop and what's given to the community, so it's based on that:

• USD 165,000 in unpaid work and individual purchases by developers to fund the project
• USD 250,000 cost of developing the project, in terms of developer pay, which c0 paid to developers
• USD 415,000 airdrop made available to the community to "balance" the aforementioned costs (165,000+250,000)

Therefore, ((165,000+250,000+415,000)÷(21,000,000×0.08)) = USD 0.494047619 per coin. Anything less than that on a free market and the devs lose. Airdrop participants win at > USD 0, albeit in smaller quantities since 840,000 coins are divided between the community - but bear in mind this isn't a hype project, so there's no telling what the final number of participants will be. You can at least work it out based on the hard cap put on the number of participants.

My mom taught me even as a youngster in my early childhood years something she learned from her mom and applied it to her own life:

"its not whether you win or loose that matters most, but how you play the game".

I have a feeling Decred is all about how everyone is going to play the game together.

I feel so lucky I came across this thread, it gave my heart a jump for joy.

What are the other coins in the blake eco-system?

Just so you know, this isn't being ignored. Passed on the questions and just waiting for the devs to come back with some information on this issue (future plans, and so on).

so they mine for themselve since about 3 years?  

are the figures above correct?

If the coin works premine is not a big problem, but if it doesn't then this can dump the market and broke the coin to 1 sato, let 's hope this one will work

I think this will work. Also not everyone will dump their airdrop. but even if half of people dump their airdrop then its ~25% of initial supply + miners dump. If coin works well, which i am sure it will, then people will hold in anticipation of price rise & dumps will be more sparse. It will be interesting to see where market will decide to put the price at start as they will already have a figure of $0.49 in mind.

what is the reward if you go public?