Quote from: Cbul_Invest on October 09, 2016, 10:00:41 AM

Hello guys! Last few weeks i researched everyting about LEO and LEOcoin. Concept and vision for the future is brilliant. I like people behind the coin and inspire community. But i still have few question.

1. Today in blochain is 82M coins, with the avarage 15% POS/year, all coins will be mined in less than 15 years. What then?
2. LEO Smart App Launch 10 of september in London. Where can i download it? I cant find anywhere the link.
3. I read that LEOcoin have problem with CMC? Why? Where lies the problem?
4. USA trading licence? On facebook some guys tallking about early of September? Now we are in October??
5. I understand that leo members can stake their coins in backoffice, but why they must pay 10 pounds/month??? WTF?
6. If i buy 100K month minning rigs with 80 coins/per rig (100k*80=8M LEOcoin), where the company get this coins?
7. Can i get contact to Dan?

Quite a few questions. For issues that do not involve the LEOcoin Foundation, i.e. question 2, 5, 6 please contact LEO and/or other third parties involved.

Regarding to the other questions:

1. Average PoS is not 15%, but much lower.
3. LEOcoin Foundation has no problem with Coin-Market-Cap or its owners.
4. In the spring we published an interview with Dan Andersson, as Chairman of the LEOcoin Foundation. In this interview, no month was mentioned, only the striving to get the US-licence before
the end of 2016. Currently we still are in the process of working things out with the US financial regulators, but it all looks good.
7. Please find Dan's contact details at: http://leocoinfoundation.org/transparency.aspx

Re. 6, I can add: As LEOcoin Foundation, we do not trade or mine digital currencies. After the move to PoS as sole coin creation mechanism, LEO and other LEOcoin miners switched to other alt-coins that can still be mined with GPU/CPU. As far as we are aware of, LEO uses the mined alt-coins to acquire LEOcoin to pay out the coin-reward to those who have participated in RIG-leasing. For details, again contact those who offer this kind of products.