Just wondering
Where did all the funds came from without any ICO or fundraising?
Anybody from Sigt expert/dev please answer these question we need to have enlightenment. Thanks in advance!
Funds came from the first 1000 blocks which were instamined. Difficulty only kicked in at block ~1000, dev probably mined about 2.5M SIGT however it was spread across 1000 wallet addresses and has been transferred around into several wallets holding <100k each. Have a look in the block explorer at any block 1-1000 and then follow where that miner's funds went and you'll find a block where ~10 wallet addresses transfer their funds into another wallet (which can only be done using the same private key for all input addresses).
Wow nice find indeed.
Fair launch - no premine?Trust is lost. Devs lied. No future for this coin.
The devs know they have no response for this that is why they left. Probably cashed out already thats why sigt dropped recently.
I Was here in block 300, there wasnt any premine/instamine...
You can verify this here in the ANN, i am the second person to comment here