Why is "premining" frowned upon?
Devs get their cut instantly
>>2553282
Wouldn't that incentivize them to actually work on their product to increase its value and not just dump it off immediately?
>premine 6 gorillion shekels
>"hey goy have you heard of shekel? mine now!"
>"good goy! now tell your friends we're putting shekel on exchanges!"
>"good goy! now tell your friends to tell their friends, and make sure you buy plenty of shekels!"
>cash out 6 gorillion shekels at a 6 gorillion % gain
>"sorry about that crash goy! but make sure to tell your friends about liteshekel!"
>>2553348
antisemitic bastard!
>>2553275
Semi-stealing
Devs get their cut before anyone gets in
>>2553348
mostly this minus all the antisemitism
>>2553376
Good goy.
>>2553395
>>2553395
If only..
>>2553313
No, it incentivizes them to dump ASAP while everyone goes ICO crazy, then create a new coin and repeat.
>>2553313
Not necessarily. It gives them an immediate profit if they decide to sell once the price spikes. Then, they can take the profits and run.
>>2553376
cuck