As it stands right now, founders are receiving 10% of all Zcash (2.1 million), but they are receiving ALL of their share before the first halving (20% of all Zcash in the next four years).
Here is a chart of what founders and investors are receiving in the first four years.
[Moderator's note: referring to the Founder's Reward as the "Investor's Reward" is inaccurate; see the blog post linked near the end of this thread.]
This is a chart of what founders and investors could receive in the first four years while playing the long game suggested ITT:
"With this approach, the founders are incentivized to support Zcash for the long haul (at least for four years), and they have limited ability to pump-and-dump."
Two parts of this quote are worrisome:
If there truly is to be an incentive to continue the development of Zcash, why should all of the incentive be used within the first four years? Development will surely need to be continued beyond four years, unless of course the plan is to play the short game, which leads me into my second point.
Pumping and dumping has led to the destruction of countless cryptocurrencies. There is hype around some coin, founders take their share, the price is inflated through their massive share, and then the majority lose money while founders get rich. If founders TRULY want to minimize pumping and dumping, the initial amount of Zcash received should be minimized. Furthermore, an incentive to not pump and dump PERIOD is right in front of our faces: reward Zcash to founders over the long haul, give 10% for the entire duration, not 20% of the first four years. If developers and investors receive Zcash over an extended period of time, they won't want to pump and dump, because they will receive more Zcash in the future, meaning pumping and dumping would destroy their future assets.
This feels both odd and familiar. Perhaps a founder could explain why they are receiving 20% now instead of 10% over a long duration? If the founders and investors want to convince us they are in this for the long game, they should prove it to us by not sucking up 20% of the initial 10.5 million coins.