/biz/ - Business & Finance

We are working to fix this:
https://cointelegraph.com/news/researchers-claim-999-of-zcash-transactions-are-traceable
We are going to run a pre-sale and the scheme will be the following:
-21M max cap
-lower inflation than ZEC (and faster halvening)
-no dev tax or dev block reward
-public tx will not be allowed, only shielded ones
-block reward to shielded address (better than komodo or piratechain).
We are collecting suggestions on how to run the presale, cost per coin and allocations (pre-mine quantity vs to-be-mined one)
Feedback please, we want to make something that is profitable for early investors (trying to avoid VC, so profits goes to regular people)

We are getting ready, we are at work to fix this:
https://cointelegraph.com/news/researchers-claim-999-of-zcash-transactions-are-traceable
We are going to run a pre-sale and the scheme will be the following:
-21M max cap
-lower inflation than ZEC (and faster halvening)
-no dev tax or dev block reward
-public tx will not be allowed, only shielded ones
-block reward to shielded address (better than komodo or piratechain).
We are collecting suggestions on how to run the presale, cost per coin and allocations (pre-mine quantity vs to-be-mined one)
Feedback please, we want to make something that is profitable for early investors (trying to avoid VC, so profits goes to regular people)

We are getting ready, we are at work to fix this:
https://cointelegraph.com/news/researchers-claim-999-of-zcash-transactions-are-traceable
We need experienced developers, and we were thinking about some mozilla guys (250 were laid off).
We are going to run a pre-sale and the scheme will be the following:
-21M max cap
-lower inflation than ZEC
-no dev tax or dev block reward
-public tx will not be allowed, only shielded ones
-block reward to shielded address (better than komodo or piratechain)
How do we make the project sustainable? We need to pay devs, so:
-presale in ETH
-temporary tokens will be distributed
-ETH raised during presale will be used for liquidity in uniswap, so people can start trading using temp tokens
-devs are paid weekly so some ETH will be sold weekly (the bare minimum)
-minimum threshold to deliver the project: 1000ETH (it should be enough to cover for 4 full time devs for 1 year + minimal infrastructure)
-if minimum threshold is not reached, ETH will be refunded (minus tx fees)
How we will spend funds?
We will have weekly transparency reports with development cost (assuming 4 devs, 5 working days per week, it’s about 20ETH per week, so sell pressure is minimal).
Pre-sale will be considered as premine and remaining supply will be mined.
Tokens will be swapped with native coin on mainnet.
What do we gain if we deliver the project?
Only 1% of total supply (of course we need some incentive).
Sounds fair?
Suggestions?