Quote from: iotatoken on November 25, 2015, 02:38:04 PM

Quote from: ChiefCoin on November 25, 2015, 02:36:43 PM

999 999 999 iotas is up for sale
and how many total of iotas?
you should show all detail info . how many iotas that dev team hold it , what about the development fund ?

I thought I had written it as clear possible, but I'll reiterate: THERE IS NO PREMINE. 999 999 999 is the total amount of iotas that will ever exist. ALL of them are up for sale. The development fund comes from the Bitcoins that we raise.

Their premine is how many tokens they buy themselves with their own BTC.

Since the BTC goes to themselves there is no cost, adjusting for whatever % they want ...