Announcement
We're happy to announce a new program that we've been working on. We recognize that the community has become increasingly concerned with the price of MastCoin over the past several days, and we are taking action. We are working to actively seek to improve the price of MAST with direct intervention into the market.

The Plan
We have begun buying up MAST on the open market, and will be continuing to do so. Because MastCoin is now PoS-only, any buys on the markets will help increase both trade volume and increase the price of MAST. Increased volume and price will grow the community and bring awareness to the coin, which will further increase the price and benefit everyone.

PR & Giveaways
We have wanted to do more PR and giveaways to promote MAST, as we've had success with that in the past. Because we did not have an IPO/ICO and only a minimal premine, which has been mostly used, we haven't been able to fund new giveaway programs recently.

A large portion of coins that we buy will be used to build a reserve of MastCoin for upcoming giveaways and promotional efforts. During launch week, we did a giveaway on Twitter which was extremely popular -- we'll be looking to repeat that success soon. Additionally, we will increase our giveaways via the IRC tip bot.

AltCoinToday also held a popular giveaway for us previously, and have offered to conduct more giveaways if we fund them.

After launch, we funded ThisWeeksCoin's promotion services from our team's own BTC accounts to help market and promote the coin, which proved to be successful and was part of the basis for the price rise to 0.0003. We're going to be looking into other similar promotion services again, as well as contacting PR agencies to pursue mainstream news media coverage.

Bounty Programs
As you've seen recently in this thread, we're working on generating ideas for both marketing and MastCoin ecosystem development projects. A portion of the coins will be used to provide the basis for funding bounties for these ideas. Once we have more concrete plans established, we'll also be creating a system to allow you to help donate to fund projects of your choosing.

Bonus Effect
Any coins that we buy now, at the currently undervalued prices, can be used in the future as if they were five, ten, or even hundreds of times the number of coins that we're buying! Giving away 10 MAST coins today for a bounty may seem unimpressive because of its relative BTC value; however, we hope to see the price rise significantly which will make every coin we buy today more valuable and useful for bounty rewards in the future.

Thanks as always for your continued interest and support of MAST with great articles, jdebunt. We just sent you 250 MAST as a small gesture of our appreciation. Transaction id: 76ec434c11a61b48d443d941f72bcf600688e9342a27b82b69bc05ec1c7970a4

MAST Has been RATED BUY!

http://cryptoanalytics.trade/

http://www.reddit.com/r/IAmA/comments/2aurxb/i_am_an_economist_and_an_expert_on_video_game/ciyzcdt


Found this just now on reddit, 'MastiffCoin'. It's good that the word is getting out!

has anyone ever played the ponzi game some coins have made? it works like this:

you put in x number of coins. then you have to wait until 20 other people have made a deposit, and you get back 20% more coins than you put in. once it stops getting people putting coins in, those people lose their coins. it's a gamble and everyone knows that at some point the deposits will stop being made and the last 20 people won't get paid out. but it's a fun game and can generate interest. but if you put in 500 mast...an hour later you'll have 550 mast. it's just mostly fun entertainment, i wonder if anyone here knows how to code the game. we should definitely do a different thread for it though, it will clog this one up hard.

have you seen the game in action though? it's actually more fun than you think. because everybody that has coins in is like come on people put coins in! it's a good way to increase popularity.