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LTBcoin Launch Day Distribution

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  • MorgUK

    Can't wait. Do we have a rough idea of how many LTBcoins each member will get (with 5 posts)?

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  • Mutatu

    How much equity did Facebook share out to all those who have been relentlessly posting comments for the past five years?
    If anything Adam maybe you are being too generous. Thanks for the opportunity in allowing us to all take part.

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  • crimealone

    How to prevent people who created multiple accounts to achieve more shares? How to identity honest newbies from these greedy guys?

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  • frankkkkkkk

    it is a realy good idea about this coin,i will spread this in my community

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  • nrwjvg

    Really amazing idea. But why don't you guys launch an announcement in Bitcointalk? 

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  • EastSide

    Do we need to download a Counterparty wallet (CounterWallet) in order to receive LTB coin?

    Thanks!

    John Barrett

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  • William

    Wow! 50% premine... Is that set in stone...? It seems a little high... It will probably work out because you guys have such a great following, (including me. I listen to every episode that comes out the day it comes out) but as a normal invester would never buy a coin that was premined too such an extent... Even if I trust the people who receive it not to sell them off... Just saying... why not premine a little less to try to attract more investors? Or is it just that if you premine at all you might as well go big? 

    I think that the premine is important.  Adam and the others currently involved in producing content are what make LTBcoin valuable in the first place. Solid content is about the only thing that brings a media network  viewers, advertisers and revenue. Since most of the coin's value comes from their already-invested work, they obviously need a larger share of the original distribution. Also, lets say they didn't pre-mine, and advertisers had to pay in LTB coin. Then they would buy from others and not Adam, so Adam would end up working for free.

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  • William

    Adam said: Also Griff, you misunderstood the first post - It is not 50% of the total money supply, it is 50% of the first weeks issuance.  There are another 300 weeks worth of distribution after that.

    So, this really interests me then... When will advertisers have to start paying in LTBcoin? Are you willing to let others sell advertisers the LTBcoin that they need, or must they get it from you? How will you manage not to work for free? And, are you able to give us any figures about the LTB network's current revenue? 

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  • wksantiago

    Great Idea

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  • Christian

    Is there a list of the rest of the LTBcoin hangounts? wanting to listen to an mp3 version.

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