Post
Topic
Board Announcements (Altcoins)
Re: ☑ [ANN] ☰ [ ICO 06|04|2017 ] ☰ Humaniq — Discover the unbanked
by
Fastpow
on 31/05/2017, 14:44:40 UTC
So is the other 800,000,000 million coins pre-mined or is someone mining them? Because according to coinmarketcap this coin isnt mineable. Amd at what rate are these new coins being injected in at? Ive noticed over 10 million coins released over the last week.


The funds you are talking about is I guess are unsold tokens which are locked and can't be used (not sure).


Guess dev should clarify. My understanding is that the 800 m or so tokens will be the free HMQ that users of the App (available in July for the unbanked) will get as soon as they register (based on the formula in whitepaper, pls read). This is the incentive for the poor to use this app.

I am not sure about the recent release of 10m coins.

I am not clear how Humaniq will restrict app and free HMQ to only the needy, when anyone can download the App, do a proof-of-face and earn free HMQ. Had aked this question earlier in this forum

What a joke, 800 million coins are going to be 'airdropped' to people with absolutely no money? That is surely going to work out just fine price-wise.