Dear CIF Team! I've had a good read of your website and as much of the social media as I can take on which has been plentiful! Great for a total noob like me! I think there is a real niche...if not need...for a business like yours which can help with the adoption of crypto and their associated chains. It's still an emerging business but the future is clear and businesses need to get on board now or they'll fall behind and it'll be harder for them to regain that market cap. The business scope for CIF must be huge!
I have some questions which will probably show the noob-ness you're dealing with here, and sorry if already answered elsewhere(!), but first off the PoS on the $CIF: I understand that the coins have to have been in the wallet, and the wallet online, for 30 days before they mature and start to accrue interest. I understand that this gives the cryprocurrency stability and holdings can help growth but what isn't clear is the 30 days that the wallet is to be online for - is that 30 consecutive days none stop or accumulative (12hrs a day for 60 days, for example)?
I think I read that all the coins had been pre-mined and that they'd all be distributed in the three stages of the ICO, if so then do future transactions on the Blockchain create another coin or will those coins be like a reissue/asset sale? Is this where any $CIF accrued by interest (PoS) and earnings (PoW) come from?
Last questions...I have a wallet and am the proud owner of some shiny $CIF thanks to the Twitter bounty - how long does that last and how regularly does it pay out? Am I too late for the avatar bonus?!
Thanks in advance! 1882.
Devvie here again...
For PoS: I think this will answer all your questions:
https://bt.irlbtc.com/view/2075838.msg22726512#msg22726512Not all coins are premined. 200m are, the rest will be PoW and PoS. Maybe in the future a masternode too.
For now, there is no fork expected (only for a masternode, if we implement it). So coins bought in ICO Phase 1 == CIF coins in 2019.
We regularly announce new promotions bounties. Scott knows more, he'll be online tomorrow.