Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo ICO - Zero Knowledge Privacy Secured by Bitcoin
by
polycryptoblog
on 28/10/2016, 14:03:35 UTC
So in immediate term, Zcash founders/dev/etc. team get 20% of available coins Komodo founder/dev/etc. team get 10% of available coins?

No one personally gets 10 %, they all go towards development just like the BTC we raise in the ICO does. The 10M KMD coins are part of the capital we will have.



Point is, in both cases there'll be an "overhang" of founder/dev dumpable supply - 20% in Zcash's case, 10% in yours.

The cases are different.   The 20% going to Zcash's Founder Reward are also divided amongst the initial private investors,  whereas our 10%  goes towards development  as well as bounties such as the signature campaign.  Komodo's  10% coin holdings are NOT being divided amongst the team and will be used as working capital for the project.   This is a significant difference.