Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PRE-SALE][BONUS] Archain: an internet archive inside a PoA cryptocurrency
by
eXpl0sive
on 12/09/2017, 11:36:30 UTC
I wish people would state the coin supply in their description... Could someone tell me what it is?

Hi all,

@phucbot93: The main sale will be starting later this year, sometime in November/December. We are planning to have the main sale run until shortly before the network launches, so the exact date is yet to be determined. We will post here and on Twitter, etc. when everything is finalised.

@Crazymoon: Thanks for the questions! I will answer them in order.

1. There will be 55m ARC at network launch, with 10% of that figure issued in the first year as mining fees, halving in every subsequent year.
2. The company was officially incorporated in July this year.
3. See my answer to phucbot93 above.

@mikesheadroom: As you say, we will really have to see how this turns out. We are also focussing on support for 'archiving groups' which would split the cost of archiving certain types of content across a number of people, rather than the archiving of each page being soully funded by one person.

Thanks,
Sam
Archain CEO.