Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
Hakkane
on 29/08/2017, 00:44:02 UTC
hello sia community!
i heard siacoin's siafund Whats this? Where can i find some info about siafunds and lastly where can i buy some? thank you

You can learn about SiaFunds here: https://siawiki.tech/wallet/siafund

In summary, it is a second token of the network used to fundraising the project during the IPO (only 100 blocks were premined in Sia, so devs required another income) and encourage the developers to make Sia successful. Their owners receive a proportional part of the 3.9% of fees of each file contract done in Sia. Only 10,000 exist, they are indivisible, and 8800 are owned by the dev team.

You can buy them either at Bisq or in the official Discord chat of Sia using a trusted escrow.

Current price is about 2.5-3BTC/SF