The purpose of the Development Fund is to assist in paying for creation of the wallet and any costs associated with the updating of the wallet, including the creation of mobile wallets in the near future. It will also assist in paying for the listing of RatCoin in additional currency pairs or for new listings on new exchanges. There are also future goals of RatCoin that will require these funds as RatCoin grows into an even better crypto.
The purpose of the Community Fund is to assist in paying for community growth programs like; bounties, faucets, competitions and more. Basically anything related to community growth that may require funding.
- Wallet creation and updates
- Mobile Wallet Development
- Exchange Listing Fees
- Explorer & Website Hosting & Maintenance
- Any Future Development Costs
- Any Community Growth Program Costs
STAKING OF BOTH THE DEVELOPMENT AND COMMUNITY FUNDS HAS BEEN SUSPENDED UNTIL FURTHER NOTICE
Both of these funds will be held in separate wallets that will be staking 24/7 to help secure the network and also to increase the balances of each of the Funds to ensure there will be enough funds for growth and future development of RatCoin. So there is complete transparency, we have set up pages that will deal solely with each of the Funds.
It is on these pages that we will show the addresses and balances of the funds as well as have all of the information relating to each of them regarding their use. Just to be clear about it as well, the admin team has not received ANY funds from these sources, and any decisions about the use of these funds will generally be put to the community before their use.