Quote from: DonApp on June 01, 2017, 12:16:36 PM

Quote from: MalReynolds on May 31, 2017, 10:24:10 PM

Quote from: ICOIN897 on May 31, 2017, 10:06:54 PM

Only 30% sold during ICO, how will the other 70% come into the circulation?

For every MCO token sold during ICO, there are also 2.33 other MCO tokens created that are in a lockup at launch. Founder/advisor (0.833 / 0.166 tokens) release after 3 mo, talent pay (0.333 tokens) comes in after 12 mo, project treasury reserve (1 token) may never be cashed in at all...

Thanks for this info! So a big dump can be expected after 3 months. No thanks, will not join this one.

Yeah, basically there is a big stack under their control, I would say an 'excess' of coins, it wasn't needed so many funds that's why the ico is for.