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.
Agreed. You have the legal right to mine genesis block of 5 500 000 MNX.
But specify, what made you force pre-mine from 1st block to 960th block or if there is stability problem then 101st block to 960th block and that TOO with very big hash speed? Don't you know the 'generate 101' command.Hello!
Yes, you are right that one of the goals of pre-mining is to make the reserve for payment of percentage to people who parking coins at MinexBank.
Like we said in White Paper: "The initial reserve is formed by premining 1,500,000 coins. Once there are more
MinexCoins on the market due to additional issuance (miner work rewards), the
reserve will have to be replenished and eventually expanded. The growth will be
ensured by the progressive percentage of payments to MinexBank for each block
solved by miners".
Also it needs for another goals:
Distribution
Premining: 5 500 000 MNC
ICO (subscription + presale + bonuses): 2 700 000 MNC
Bounty: 300 000 MNC
MinexBank reserve: 1 500 000 MNC
Developers and advisors capital: 1 000 000 MNC
Again Agreed.
Would you please give account of all ICO distribution because I got only 2 of them: 2 000 000 MNX and 150 000 MNX. I can't get information of remaining 550 000 MNX.