3 ms·

So what do you say to the fact that for the first three "Freicoin years" 80% of the mined coins are transferred to the "Freicoin foundation"? From what I've hea

by gst 13y ago

So what do you say to the fact that for the first three "Freicoin years" 80% of the mined coins are transferred to the "Freicoin foundation"? From what I've heard about Freicoin so far it's about at the same scam level as all of those pre-mined coins. References: https://en.bitcoin.it/wiki/List_of_alternative_cryptocurrencies#Freicoin_.28FRC.29 https://en.bitcoin.it/wiki/List_of_alternative_cryptocurrenc... http://www.freicoin.org/application-developer-best-practices-t87.html#p919 http://www.freicoin.org/application-developer-best-practices... https://bitcointalk.org/index.php?topic=134629.0 https://bitcointalk.org/index.php?topic=134629.0

maaku 13y ago
The foundation is a registered California non-profit chartered with handling the initial distribution of these coins. We have an open solicitation for ideas for how they could be spent, and there are a variety of ideas being discussed on our forums (freicoin.org). You're welcome to join.
- tptacek 13y ago
  Being a registered non-profit really says nothing at all about the intent of the foundation.
  - fixxer 13y ago
    thank you
  - maaku 13y ago
    We'll we've discussed our intentions publicly many times - to dispense the initial distribution through community selected charitable actions.