Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Equibit - A Peer-to-Peer Electronic Equity System - ICO February 1, 2017
by
Equibit
on 20/01/2017, 22:15:52 UTC

I didn't expressed myself cleary, so I'll rephrase the question: do you know something about ICONOMI's performance fund? (again, wink, wink)

Best,

I am not sure what you are asking. Can you specify what you think our relationship should be with Iconomi? Like I mentioned previously, our model is different. If you are suggesting that Iconomi use EQB to launch their token then it would be a perfect fit, however we require companies to be registered and legally incorporated in their jurisdiction.



Does the Equibit team have any EQB? This didn't really answer my question. There are 22 million total EQB. Is it correct that 1M are being pre-mined for the ICO? That appears correct with 10 tranches of 100,000. This means the remaining 21M will be created similar to the 2009 bitcoin reward schedule.

Please clarify.


The Equibit team will not have any EQB individually, as per the terms and conditions of the sale they are not allowed to hold any.
There will be 1M premined and the remaining unsold portion of EQB will go to the company EDC, and EQB will also be mined on the blockchain.