I am glad that a lot of the initial main core users of mintme have grabbed some tokens at the initial prices. The next phase is for the coin to be accepted for purchases. This will require a value to be set on the coin initially based on the products that will be sold. This will enable the retro community to gain confidence in coin as a transactional tool. We are currently going through a valuation phase . A typical Commodore 64 cassette basic games sells for £2-4 or $3-5 Dollars. Part of a huge investment to establish a base price will be the injection of £3000 worth of retro computer games to be made available for purchase by retrocoin. The initial offering of these titles will be limited to X per user.
Retrocoin can be sold back at the current rate until all mintme exhausted or used to download digital products. No mintme from donations or sales have been withdrawn. The total amount of sales + the initial deposit to create the coin and my own ether is available to buy the coin back.