Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Minexcoin - A new era of payments (ICO closed!)
by
MineCoin.org
on 04/08/2017, 07:55:15 UTC

But now, i see another thing: 2 700 000 MNX reserved for ICO.
Or we have 287.44795480 BTC raised, for a MNX price of 0.00230845 BTC per MNX, which make ~124 500 MNX bought. With bonus, we can go to a maximum of 250 000 MNX, which is really far from the 2 700 000 MNX for the ICO.

Is there other things I didn't notice for the attribution of this sum of MNX ? Or where they will go ?

-> And why have they mined coins between July 20-26, before the public release ? I can't find any indication of this.



Hello!
Yes, indeed the amount for participants' payments is reserved - 2700 000(subscription (1 ICO)+ presale(2 ICO) + bonuses(2 ICO): 2 700 000 MNC . This is the amount of payments for participants of the first and second rounds of ICO.
We created a genesis of block and after that put to the first block 5500000 coins (the distribution of which you can see in our Whitepaper)
The genesis of block is a zero block, after it begins a chain of related blocks.
In fact, the one who mined the first block - gets the premine coins and the right to mining the first block is belongs to the company.