100 million at genesis. The calculation was based on the fact that 75% was being sold to the community. So basically, each coin at 250 BTC was worth 250 satoshis (you cant only count 75 or 80 of the stake - the price at IPO will set the price for all 100% of the coin).

Proof of work is not a financial instrument.  Proof of stake means the holder gets paid additional stake for holding.  Same as in a savings account.  

The fact that this is a cryptocoin does not make any difference.  It is a negotiable item, which earns interest, and is being sold by unregistered persons.  It is no different than buying a bond.  

This is something we have thought about long and hard and really don't have a solid answer to. I would love to hear your thoughts on a better way to manage investors. If we limit the max investment per person, and total investment we could get 3 or 4 investors who make sock puppet accounts and invest enough to get large percentages on day 1, cutting out a number of later investors and holding huge proportions of the initial stake. I think setting a total cap allows for a few heavy buyers to buy up the entire supply early on and ultimately limits how many people can participate.

If we don't cap, we can't gauge what the distribution will look like, but as many of you have mentioned, if there is a fear of the price initially dipping and no immediate profits on the exchanges, it's possible some of those investors who thought to buy and dump a ton, knowing they might lose money, will invest less or stay away to an extent.

I feel like its a slippery slope and a tough model to design and all launches are experiments and tests for future launches to maybe come up with a better method. At this point, we have come to a consensus where we are and I feel like it is getting too late in the game to change the numbers.

That being said, it's always something good to talk about and continue to evolve so I would love to hear your ideas.

PoS coins do no earn interest. None.
What (potentially) earns you coin if you secure the network. To secure the network you have to have coin.
There is no new coin introduced to the system, the already existing ones only get suffled around.

I'm afraid the only place this resembles a behavior of a bond is in your head.

Actually, the coin does not earn interest based on stake in the currency. It rewards users for running the network nodes which power the Crypti network. In essence, all transaction fees are being awarded for network generation time. This is a completely different implementation and argument.

Besides, the U.S. government has already declared that Bitcoin and other Crypto Coins are to be considered property and not follow typical financial regulation laws.

I think the last I saw was that dgex would be ready at the earliest at 8 on GMT today. I will defer to SyRenity on specifics if we will be 100% ready then but we will let you know soon.

We indeed will make sure all is working on dgex, before announcing the pre-sale start.

Good lord man give up the trolling. You are trying so hard to find something wrong here, even after your previous complaints have been addressed you just find something new to be pissed about. You don't even bother to read the fucking ANN before you start criticizing it.

Firstly
"All the income for the devs comes upfront.

There will not be any reason for the devs to support this coin after they get their BTC."

If you were smart enough to read the ANN you would have noticed they are vesting their shares over the course of the next year, meaning they don't get their income upfront and must continue to support the coin to get their shares.

"Although, I would not be surprised if they have another SALE with another 100million coins later."

This is just plain stupidity or FUD. The genesis block will contain all of the coins to be issued, they will not simply be able to create another 100 million coins and sell them at a later date.

"There will not be any mining after the "PRE-SALE"."

Right, there is no mining in the conventional sense (PoW). But, that's the whole point of this coin- it offers a new reward system. People can still "mine" the coin after it is released though the PoP, PoT, and PoI systems, although they will be "mining" fees instead of de novo coins.

You look and sound like an idiot who can't even troll effectively, and if you are actually heavily invested in LTC like your handle suggests than you most certainly are an idiot...

Hey GCInc,

It could be me misinterpreting what got copied over from your communications to our developer board in regards to the 10% number.

Maybe they were just quoting that as the percentage that FIMK used on DGEX?

If it were your launch, what would you personally use? Closer to 2-4%?

No problem there, misunderstandings are common when intermediate parties are involved, just protecting the interest of DGEX customers and a public correction was the right way at this late point

Yes 2% to 4% would be my recommendation based on the experience gained from the previous launches I have been following.