Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Qtum]UTXO based POS Smart Contract Platform | Crowdsale March 2017
by
muleroaa
on 14/02/2017, 14:53:14 UTC
Good update but is there an explanation about the distribution? I just know 51Million of the tokens are go into the crowdsale, By what about the other tokens? i can't find anything was having a relationship with it (information)

I sort of asked the same question last Friday the 10th, they answered the following (but haven't got back yet, after 24 hours):

Only 51% of tokens get distributed in the crowdsale?

I get that 20% is reserved for early backers and foundation initiators, but why is there an additional 20% reserved for business development and another 9% reserved for academic research, education and market expansion? Shouldn't those funds be allocated from the proceeds of the crowdsale? For example 80% crowdsale and 20% for early backers?

Just going to quote myself (above), since this gets burried so quickly with all the Qtum paid promoters.

This question can't be answered with a few sentences and then shelved, let me respond to this properly within 24 hours, these are the types of discussions that matter right now.