Okay so everyone involved from September should have some sort of an idea of how much I have contributed to the launch of SwiftCash. I don't wanna sound arrogant but I think if it wasn't for me, swiftcash wouldn't even exist today. I have been helping full time and even turned down a job offer because I have literally been working 12+ hours a day to make sure this fork launches as soon as possible. I'm only going to give a list of some of the things I have done so far off the top of my head, and then propose an amount of SWIFT for it in exchange. Been waiting around for price discovery to happen but looks like Escodex is gonna take a while. The price of SwiftCash is still not clearly known although it's been trading with the p2p bot on discord somewhere between $0.02 USD and $0.005 USD and is now trading between 70 and 150 sats on Escodex which makes it to be between $0.002 USD and $0.005 USD. I'm going to propose the amount based on the highest price so far, because I personally believe that's how much it should be and the dumps below there wouldn't last very long esp. given we are in a bear market and BTC just hit a new low and these prices are good buying opportunities for anyone who wants to buy. This would also show my dedication to the project and kind of ensure everyone that I won't be dumping what I get below $0.02 USD.
- Negotiating a deal with a core developer
- Reviewing the code and helping him with testing
- Working on the airdrops list and filters
- Preparing the list and announcing it
- Making a few exceptions after a few objections from community members
- Finalizing the list and working on the airdrop script to automate the process
- Premining the first 200 blocks and airdropping the eligible addresses
- Doing Q and As back and forth with regards to the design of the new chain
- Working on the inflation design and charts
- Writing the whitepaper and swift's README.md
- Building the binaries with gitian & uploading the gitian signatures to github
- Working on swiftcash-seeder to set up seed nodes after launch
- Working on swiftnode-installer to automate installation of swiftnodes
- Forking the explorer and working on it
- Forking the paper, brain and hd wallets
- Building the p2p bot on discord
- Bridging discord to telegram
- Providing support after launch
- Applying to nodemarketcap & escodex and paying the fees from donations
- Launching the project and setting up seed nodes
- Paying the server fees out of my own pocket
- Resetting the chain at block 18K
- Removing the infamous smartnode exploiter with almost 16M SWIFT
- Working on the mining bot for Discord
So I'm going to ask for 250K SWIFT per month. I've been working on the fork since late September, I will donate all the time I have spent in September and will only ask for reimbursements for October, November and December; so a total of 750K SWIFT payment by block 43,200 for myself. In the following days, there's still plenty of work to do including open sourcing everything I've been working on and documenting them and adding them to our github repository. This includes open sourcing and launching the tipbots for steemit, twitter and telegram as well. I've also been working on a discord mining bot so it can be included in the proposal. I'm also going to ask for 216K SWIFT to fund the bot so we can start paying out users 5 SWIFT per block after our first super block. For server fees that I've been paying out of my own pocket for now, I won't ask for anything until price is properly discovered so I will include those in my next proposal hopefully.
P.S The amount I am asking for is based on advices from various people involved. I personally can earn a lot more than this if I went back to my day job before I got into crypto, but I probably wouldn't love what I'll do as much as I do now and this is something more than just money for me. It's something I want to work out esp. after all the losses we've all experienced with smartcash. Having said that, I still look forward to hearing from you before submitting the actual proposal into the chain.
250K per month for October, November and December = 750K
216K to fill the mining bot on discord for 1 month(5 SWIFT per block)
Total = 966K SWIFT