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How are the Euncoins to be Distributed for Content Creators and YouTubers?

How are the coins to be distributed?
The coins will be distributed as follows;
Content Creator – 12 % of the total number of coins will be distributed to content creators who will promote Euncoin to their subscribers and followers to encourage donations.
Donors – The vast majority of the coins will be distributed to the donors in order to maximize the number of donations given to the content creators. This portion amounts to 76 % of the global coin distribution.
Developers – The developers and project team receive 5 % of the total number of Euncoin in circulation to repay their initial investment and their ongoing involvement in the project.
Initial coin sale – 5 % of the coins will be eligible for sales. Proceeds from the sales will be used for improving system security and funding for the next phase of the project.
Gamification – 1 % of the remaining coins will be air dropped means of gamification. As people will promote Euncoin on their social media, they will receive coins in return.

When will Euncoin be available on an exchange?
As the coin is completely pre-mined, it’s vital to establish public confidence before listing the coin on an exchange. The target is to have at least 60% of the coins distributed to both content creators and donors before the coins are listed. However, depending on the market situation and the demand for Euncoin, the coin could be listed on exchanges before this percentage is reached. It will be decided based on the best interest of the coin holders and the future of the coin.
What are the incentives for the project team to continue developing the coin?
The goal of the project is to help content creators give something back to their donors as rewards and increase the donations for their efforts. In turn, these rewards will help people, i.e. donors, acquire a cryptocurrency that could be sold, traded or kept on hold for appreciation in value. Euncoin distributions as rewards will be the primary incentive for the project. The project team will work on continually enhancing the security features of the coin wallet and distribution system, increasing transaction speed, widening the coin adoption and thus increase the value of the coin for the benefit of Euncoin community.
How does the initial coin distribution for content creators work?
Initial coin distribution for each newly registered content creator will be based on their social presence at the moment of registration. Social presence is indicated by the existing number of subscribers or followers a content creator has at the time his or her account is created.
The terms and conditions are also listed in this document.
The content creators will receive their coins after at least 10% of their donors have registered a wallet and received their first deposits of coins. That percentage will be calculated at the moment of signing up and will be displayed on the creator’s dashboard. That will encourage the creators to actively promote Euncoin to their donors on their respective channels and social media accounts, and prevent people from signing up only to receive coins that could eventually remain dormant or get lost to the Euncoin community. That percentage is based on the number of active donors at the moment of registration and will be determined by the distribution system after the content creators provide the information on the platform they are using to receive donations.
For example;
A YouTuber at the moment of registration at Phase 1, has 100,000 subscribers and 1,000 micro-donors on Patreon. In order to receive EUN incentive coins, he needs to register a wallet and confirm his email address at Euncoin.com. At Phase 1, content creators would receive 200 % of the incentive coins as early adopters. So, this Youtuber will receive 200,000 EUN after at least 100 of his donors have registered a wallet, made donations and received Euncoins as rewards for themselves through the distribution system. Once this is done, the system will deposit 200,000 incentive Euncoins in the Youtuber’s wallet.
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