Quote from: coin@coin on May 11, 2017, 06:58:43 AM

Quote from: Johnny00 on May 10, 2017, 06:46:45 PM

Two questions

1. You plan to raise $30M and sell 15-25% of tokens. Where are the other tokens? Also valuing story at $150M

2. I know someone asked this but didn't see the answer. How will it combat people loading pornography through the cloud?

1. Total supply is 500 million, circulating supply is currently about 51 million. So about 449 million SJCX are unsold coins from the 1st token sale.

From their latest blogpost at http://blog.storj.io:

Quote

Background
There are 51,173,144 SJCX currently in circulation, out of a total supply of 500,000,000 SJCX. Most of the circulating supply of SJCX was sold in our first crowdale in 2014 to our supporters, with smaller portions being distributed as farmer rewards, community bounties and rewards, and other expenses over the past three years. The remainder has been held by Storj Labs, as SJCX is a Counterparty asset which has been locked so that no more can ever be created.

2. You should check their FAQ there is a section dedicated to illegal content: https://storj.io/faq

A good response, solved my doubts.