Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [0.9.1] Ozziecoin - Australia's first widely distributed digital coin
by
Ozziecoin
on 10/02/2015, 03:37:32 UTC
I wonder - why the coin has no value?

Because people are rightfully suspicious of pre-allocated coins, and Ozziecoin is pre-allocated by 50% of total coins. 

We are distributing the pre-allocated coins slowly at first, and if the user base grows we will accelerate it.

If the wider public actually starts using crypto and Aussie want to try a free digital coin first, they can use Ozziecoin and have a play before buying bitcoins. 

This is also why we tell people not to speculate on Ozziecoins.  We don't want anyone to lose any money.