Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ANC] Anoncoin (anoncoin.net) | Privacy-centric currency | I2P darknet
by
Cryptoslave
on 29/05/2017, 22:53:54 UTC
(...)
Your questions
A) The starting 3 years of mining coins was producing a 10% income for developers. This is bound to stifle innovation and development after the 3 year period. Personally I see crowd funding as the best option. Payment can be made in FIAT or Bitcoin as there are not enough Anoncoin mining to continue the ICO type scenario
(...)

Just as a side note, I would suggest developers of zerocoin buy large amounts of ANC in order that when they complete the crowd funding project, they receive a double whammy of finance as their ANC holdings increase and they receive a payout from the crowd funding.

Just to clarify, there was not a premine of 10% or anything on Anoncoin. At launch Meeh mined 1000 block (0.14% of a total of 3100000) before sharing the chain in public, for testing purpose, and he gave them back to the community via donation thread and faucet. I know it has a fact because he gave to me my first 150 ANC this way (100 on forum and 50 in I2P chat).

Premine: 1000 blocks (4200 ANC) that were returned to the community by community donations and a public faucet.  

Other than that there was absolutely no premine you can check the ANC source code on github.