Post
Topic
Board Announcements (Altcoins)
Re: MapCoin MAPC - using Foursquare/GoogleMaps API to share coins, ICO ENDED
by
mapcoindev
on 01/09/2015, 03:31:18 UTC
2,000,000 c-cex coins - 1,771,078.81600004 burned coins = 228,921.18399996 sold to ICO investors/any coins dev wants to buy for free

33,333.334 sold to ICO investors on forum

966,666.666 unsold forum coins that the developer holds


Total coin supply after ICO = 1,228,921.18 MAPC

18% (228,921 MAPC) c-cex ICO
3%  (33,333 MAPC) forum ICO
79% (966,667 MAPC) developer premine



I think you should be honest and share this information with everyone in your OP.

At an ICO price of 0.00003000 and a total of 1,228,921.18 MAPC, this puts the total market cap at $8,500. If the developers dumped off their 79% premine that would be about $6,700. Not including the 6.87 BTC they got from the ICO already. This is why everyone feels nervous. Near 80% premine is dangerous stuff in crypto.

If you guys want we coukd but 50% of premine into escow of kingscorwn... but no idea if he wants that and it would suck to ask him for pennies if we needed.

We can do poll for that as long as he accepts.