Interested in Voxels, but concerned a little when I looked on the richlist and saw such huge %'s being held by individuals. #1 is a guy with over 1000BTC worth... 36 mil vox 3mil$
Does anyone know what those large wallets are? Are they dev/foundation accounts or anything? Just some dude that owns all of them?
Those wallets are premined wallets owned by the developers and we can see that many of the top wallets had and have transactions out. We can only assume they have sold and continue selling on the exchange. If they are willing to sell Vox at this price, what does this say about this project?
For what I understand the initial coins in circulation were below 40 million when they launched the ICO and then somehow they have raised the coin count to more than 200 million. Free money in their pocket.
From what I understand the coins were originally on dev addresses, but were since put into circulation as part of Voxelus's strategy to fund the project. Therefore they may well be owned by someone else who's not patient enough to wait for the price to rise, or may just be getting exchanged between different addresses.