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Author Topic: Memorycoin Shares to be honored in Lottoshares Launch  (Read 1189 times)

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Offline Delinquency

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Memorycoin Shares to be honored in Lottoshares Launch
« on: May 24, 2014, 06:58:32 PM »
According to my studies, Lottoshares will be honoring Memorycoin Holders at a Snapshot of our network at the end of May.

The LottoShare's coin launch date is delayed.

Original Link of LottoShares Launch

The thread honestly gave me a headache to read. This DAC has a different approach to combat money supply issues.
In a small sentence: Lottoshares is a DAC that effectively eliminates inflation by honoring a lottery. Shareholders who do not enter the lottery will see their coins have 15% more value as the return on the lotto is only 85%.

As a 100% PoS coin, it seems like a very experimental coin.

Anyway, our Memorycoins will have a 10% stake in the coin, when it launches.

Reference: Bitsharestalk thread by asenski

Offline biophil

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Re: Memorycoin Shares to be honored in Lottoshares Launch
« Reply #1 on: May 27, 2014, 05:29:50 PM »
The extremely important thing to note for MMC shareholders in this is that you must control the private key to your funds if you want to be able to claim your LottoShares if and when it launches. Of course, all MMC users should have their coins in private wallets anyway so that they can vote.