As CMO, I'd like to share my opinions in public. These are my personal views and submitted to Delinquency, a while ago.
1) Total coin supply amount should not be changed and we should avoid PoS.
2) Instead of PoS, we can implement PoE - Proof-of-Elections: This is one tricky thing to implement because PoW pools should be upgraded, accordingly. It aims to give incentives to Memorycoin holders in their wallet who participated in voting. If the voter's candidate is elected for a consecutive of 5,000 (or 7,200) blocks, each voter is rewarded by 6% of mining rewards for 5,000/7,200 blocks.
Let's assume there are 25,000 MMC for 5,000 blocks for easy calculation.
Reserved amount for PoE: 25,000 * 6% = 1,500 MMC (for 6 positions including CHA) Therefore, for each 6 positions, there are 1,500 / 6 = 250 MMC reserved for 5,000 blocks.
Scenario #1: If one of the voter's candidate is elected for a consecutive of 5,000 blocks and there are 5 voters for that position, the voter gets 250 / 5 = 50 MMC
If not, the reserved amount is rewarded back to miners. (I guess, this is the tricky part - the question is: how will the distribution of these reserved coins?)
Scenario #2: If 6 (all) of the voter's candidate is elected for a consecutive of 5,000 blocks and there are 45 voters for that position, each voter gets 1,500 / 45 = 33,3 MMC
Pros: Encouraging voting, makes people pull their MMC from exchanges so that MMC prices would rise in a stucked market.
Cons/Contraversial: Makes new candidates to be elected harder than before
3) I suggest getting delisted from BTER: I know that sounds weird but MMC/CNY is the most active market but I believe this is confusing and hurts BTC/MMC conversion and miners. However, I'm unsure about it.
We have in talks with C-Cex, recently. They approved our request, in principle, however I told them to wait until improvements is completed. (I think, September is the best month for it or maybe mid August.)
We are getting listed in CoinTelegraph's partners' page, this week.
These are some little improvements handled by me.
Need more RTs, texts, articles while redesigning the memorycoin.org website.