Re: [ANN] ❄❄ SNOW FLAKES ❄❄ BOUNTIES + BURN ❄❄ AIRDROPS SOON ❄❄
This is after all the burned coins (shown by http://explorer.snowflakes.tech/ledger.php):
Money Supply: 50,008,198.10693234
Premine wallet (SVzGhZAkgsqB8nqyofmuq6oKjSPqkgDK1b): 49,050,000.00000000
98% of supply belongs to Dev. Regardless of how much Dev burns, he will still have the majority of supply in his hands.
The remaining 2% is either burned coins or sent as bounty. Miners have practically nothing. And the block reward will leave them with nothing forever...
Plain and simple - what's the point in mining this?
Money Supply: 50,008,198.10693234
Premine wallet (SVzGhZAkgsqB8nqyofmuq6oKjSPqkgDK1b): 49,050,000.00000000
98% of supply belongs to Dev. Regardless of how much Dev burns, he will still have the majority of supply in his hands.
The remaining 2% is either burned coins or sent as bounty. Miners have practically nothing. And the block reward will leave them with nothing forever...
Plain and simple - what's the point in mining this?
Just another reason why this coin is doomed to die and fade away like all the other shitcoins that came b4 it.
Dev what do you have to say for yourself ? Please explain why you have a massive 98% share in the current amount of snowflakes ?
The funny thing is that on the faucet site it says "Please make donations to keep the faucet running" is that massive 98% share not enough to keep a 200k coin faucet up and running ? If you are planning to dump why would you need so much ? Noone will buy that many for that long.
Of course its not enough. It will be enough when the dev holds 100%. Greedy ass dev.