Update: When Akroma first launched, each team member was given 10,000 AKA as incentive to work on Akroma. With the statement of: Here is 10,000 AKA — it will either be worth something or nothing; you can help build Akroma. Also, some core team do have mining hardware, both of those coin sources are not subject to the lockup.

The Akroma Core Team is not a ragtag group of developers that are working together for the first time. In one way or another, we’ve all worked together — some multiple times, and as we built the first draft of the Akroma Governance model we took for granted that level of comfort we have with each other. We skipped an important feature. A feature that we believe our community should be fully aware of.

Today, we would like to announce the:

Akroma Core Team AKA Lock-Up.

Each of the Core Team have agreed to the following:

Create a new address for AKA they receive from the Akroma Development Fund

AKA sent to that address won’t be sold during lockup period

AKA sent to that address can be used to fund masternodes

AKA sent that address will either be in lockup address or an active masternode address

If a masternode becomes inactive — AKA will be transferred back to the address on file

Akroma Core Team Lock-Up ends on Oct 1, 2018

To have their address posted in a blog post about Akroma Governance

Technical Meritocracy

Another important concept for Akroma is that Akroma acts as a “technical meritocracy” which, for us, is a fancy way of saying the Akroma Core team members receive AKA for the hours the work — we are “hourly” not “salary”.

Each Akroma Core Team member tracks the hours they spend on Akroma in a Google sheets document.

Team Addresses

Here are each of the Akroma Core Team’s address. As we process hours worked, these addresses will continue to hold the Core Teams Akroma. The current payment you see represents the work-to-date. We will continue to work towards creating transparency in our process(s).

Ian — 0xDB83945b14A803Cd1126f44ACbb0E63fA9011d6a

Stephen C — 0x35d97ff3c04456be79dd732194786cb2e8aaf29a

Andrew — 0xB97c1FB74fb50db2D4bf43F036E9CD7492919A16

Megan — 0xbeA2129a3a29875CDa5D1A52F520b41C4d44674C

Eric — 0xcfb042af5b7b9637d1335273a814aaa9692b5df9

Gun — Coming soon.

Steve K — Coming soon.

Abstinence

Lastly, I’ve decided to abstain from being paid for the work I’ve put into Akroma for the entire first quarter of 2018. I, like the rest of the Core Team , have been tracking my hours and - conservatively - I’ve spent 434 hours on Akroma and will spend another 80 hours over the next two weeks.

I’d rather leave the AKA into the Development Fund to be used for any items that might further the Akroma ecosystem such as: