68 million MDC have been allocated to the ICO.
How much total coin supply?
Hi MbakNarti,
Max coin supply is 250 Million MoodCoins. We hare reserved 25% of it to the ICO crowdsale(62.5 M MoodCoins).
68 million MoodCoins is the total sum reserved for ICO+ bounties & logistics.
As people are more interested in the project, we might increase the reserved funds for bounties.
so 75℅ for developer? theres no detail here?
The rest of 75% of the total MoodCoins (182 millions MDC) will be reserved in the Foundation Wallet and used for rewarding users in our ecosystem.
Once the ICO is over, we will distribute 25% of the ICO funds for core team, the rest of 75% of the ICO funds will be used for the MDC ecosystem over the next years. We will use it to pay all kinds of expenses: promotions, DEV salaries, MDC API, travel costs, conference visits, sponsoring, development, MVNO license, designs, contractors, infrastructure:servers, nodes, advertisements, software license, etc
We will bring onboard 3rd parties like advisors, collaborators, lawyers, mentors, companies, partners, etc.
So all we will get is 25% of what we will make after the ICO.
The rest is reserved to reward users for changing moods, for the MoodStop, MoodStory, MoodStore and much more.
Stay tuned.