New Vote for CIF

in crypto •  7 years ago  (edited)

Hey steemers

Yesterday CIF admin Scott Douglas, initiated a vote for CIF.

In the vote there are a few options:

  1. Reduce total amount from 500MM to 250MM
  2. Reduce cost of MN from 100k to 50k

What are your thoughts?

Have you voted yet? This vote will last for remaining 24 hours, perhaps less. Once vote is concluded, wallets will be issued and we will be on our way.

vote here

https://twitter.com/CIF_Team/status/984478823323336704

Thanks

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Looks like the results are in and option 1 won! Total supply of coins will be limited to 250m and the cost of a masternode will remain at 100k $CIF.
A good move I think - reduces the total supply to increase demand, keep MNs at 100k means the same quantity of coins calculated against a 500m supply will still be locked in MNs, further reducing supply and increasing demand (assuming estimated figures on MN subscriptions are accurate - if they exist at all!). Could be a good time to be a holder if you want an MN!

Thanks @pd1882 :)