Our Goals:
Revive the project and restore its reputation
What We Need:
Your feedback and input on our plans
Simple, burn all those coins that were issued before the takeover, a coin with over 90% of its supply held bya few individuals will not gain the trust of anyone.
Also the project is all over the place, POW, masternodes, NFT minting, seems like you want to catch every hype with it, sorry but as you can see, it's not going to work.
Hi Stompix.
Thank you for taking the time to share your input, however, I would like to just draw your attention to the top 100 wallets currently holding VECO coins, which with the current supply of 17,944,259 stands at just 68%. Bearing in mind the total supply is 40 million. So could you please clarify the source of your 90% being held by a few individuals. Furthermore, the top couple of wallets have not seen activity since 2022. The going theory is that there is a good number of these coins either on the dodgy exchange Finexbox which was listed by the old Dev/Team and is no longer used by the community, also has since been delisted on CoinGecko, we do advise using the 2 newer exchanges as they are far more trusted platforms. Or the keys are no longer in there owners possession and they are dead wallets. (Bitcoin also has a holder who could at any point dump there theoretical 1 million + coins on the market or they could be in dead wallets who knows I sure don't)
"The project is all over the place" as can be seen from our latest released "Miners" we are focusing on the POW section prioritising security of the network with nothing being considered for the NFT part since the takeover. Again please bare in mind we have inherited a mess from the old Dev/Team therefor are limited in what we can do or change quickly as we are fully transparent and use the community for decision making, that being said there has been discussions around the MasterNode part of the network and the community voted to keep them in place, MasterNodes do actually add a little to the security of the network against 51%+ attacks therefor not just relying on POW hashrate.
"Catch every hype" not sure what this is meant to mean as NFTs have taken a back seat of recent to MEME coins on top of blockchains Sol,Eth etc. We have not mentioned anything along these lines (MEME coins) so not sure this holds up as you mentioned? We don't have NFTs, the road map has not been updated recently to reflect this, we have introduced a little paint programme that allows free(!) "etching" of 1-bit art on the VECO blockchain. These pictures can't be transferred or even sold. We are just being creative and like to add little features. Thank you for bringing this to our attention, this will be changed to reflect VECO's true direction going forward.
"Burning pre take over coin" Burning pre-takeover coins has been discussed, but technical and fairness issues make it complex. We’re focusing on growth and transparency instead.
Again we are grateful for your input but I hope you can take this the right way, just because you believe it will not work does not mean every other person has the same view you do, and as you may of missed in your research into our take over and the VECO project as a whole since 2023, we have gained a good following from a fresh start with a growing community and a network hashrate that has gone from roughly 2khs at the take over time to now being steady at around 12-20khs.
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Topic: VECO Crypto Currency: A New Chapter for Our Community by the Community (Read 1559 times)
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