Post
Topic
Board Announcements (Altcoins)
Re: [ANN][INCNT] Incent Loyalty | Waves CAT | $1.1m raised | Roll-out Q1 2017
by
Cassius
on 31/01/2017, 16:01:10 UTC

23 mil available Supply and total Supply is 46 mil
Can we mine this coin? Sry if i miss this info

How the avaiable/total supply works?
Not avaiable = team/bonus supply?

Haha, no way Smiley
The 23 million 'pre-mine' is held in reserve to enable fast payments to customers. It will go up and down a bit as we do that, but will essentially stay the same over time as it will be refilled from market.
The problem is that customers pay merchants with fiat, which takes a while to wend its way to us, but customers need to be paid Incent instantly. So we need a reserve to ensure we can do that.
The team can throw out additional supply on the market at any time, if the cost or quantity doesn't suit them and thus  drop the established price. Not iridescent future waits Incent.

We could. But this would undermine our entire business and a key point of attraction for merchants. Thus it would be counterproductive.
Please take just a few minutes to read up on how Incent works and why we have a reserve before you throw out this kind of comment. We've covered this issue before in some detail.