When should I send the translation for the thread? after the ICO starts or after it?

Hmmm, I'm not too sure why so many people have a problem with devs holding a share of their coin. I agree that it's hard to determine the right amount, but in the end, it gives the devs an incentive to keep working on their coin.

Here is an idea I had regarding dev shares:
There is one ICO in the beginning. The devs keep a relatively big share of the coins, but they are locked by a contract and are sold in not one big, but in multiple following COs*. When this COs will happen is determined before the first ICO, ideally, the coins are either generated at fixed block heights or are locked by smart contracts and released at fixed block heights.

My reasoning behind this is as follows:
1.: It will keep the devs invested, since successful development would increase the amounts collected in the following COs.
2.: Since the releases are fixed, the market can adjust.
(I had additional points, but I'm too tired to articulate them…)

Obviously, the amounts and points in time when those releases are happening need to be determined carefully.

Thoughts?

*Since ICO means "Initial Coin Offering", the others are just "Coin Offernings"

Hmmm, I'm not too sure why so many people have a problem with devs holding a share of their coin. I agree that it's hard to determine the right amount, but in the end, it gives the devs an incentive to keep working on their coin.

Here is an idea I had regarding dev shares:
There is one ICO in the beginning. The devs keep a relatively big share of the coins, but they are locked by a contract and are sold in not one big, but in multiple following COs*. When this COs will happen is determined before the first ICO, ideally, the coins are either generated at fixed block heights or are locked by smart contracts and released at fixed block heights.

My reasoning behind this is as follows:
1.: It will keep the devs invested, since successful development would increase the amounts collected in the following COs.
2.: Since the releases are fixed, the market can adjust.
(I had additional points, but I'm too tired to articulate them…)

Obviously, the amounts and points in time when those releases are happening need to be determined carefully.

Thoughts?

*Since ICO means "Initial Coin Offering", the others are just "Coin Offernings"

I am assuming this coin has undergone mining, when you be able to provide a working block explorer?

How many slot avaiable of Signature Campaign? Where we check spreadsheet list?

Steveds & Altcoinrich, to be honest we do not have a specified amount but we believe that, at least, 700 BTC would need to put together. From then on, all collected serve to optimize, accelerate, hire more people, marketing, legal costs, go to more events and create a division that works as an incubator  (as we said in our thread: "When we have enough founds, we would like to use some of them to create a division that will work as an incubator to relevant projects (can be IoT related works, DAO, Dapps, frameworks and so on) in the ecosystem we aim to create in Opair.")


Both Frank and Hao, have not worked in previous projects that include the application of smart contracts but both have the necessary knowledge (they have knowledge of functional programming and OCaml as well) and years of experience in leading companies. Even Hao, is currently working as a blockchain developer at IBM.


Amph, the PoW phase was stipulated to occupy 30% of the distribution during the period of 1 year but many people have complained that 30% via PoW may be manipulated by whales so I will talk with Frank and Hao to reach a consensus on the new distribution. I imagine that we will modify the percentages, maybe 90-10 or 85-15 (instead of 70-30), and perhaps its duration. Our idea is to settle the matter on the weekend, so before the ICO the rules will be clear and defined for all. About the algo, we think on X13 (or a modification of it) as is known and stable for everyone, because we do not want to revolutionize this aspect, but serves us as a safe & fast distribution method. During the weekend, we will update this with the final information about the PoW distribution.