Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Snip - The Future of News on the Blockchain
by
ranreichman
on 27/09/2017, 09:51:14 UTC
Quote from: cointerstrike on September 27, 2017, 08:11:46 AM
Quote from: ranih on September 27, 2017, 05:50:05 AM
Quote from: francism on September 27, 2017, 05:41:22 AM
Quote from: Prohodimec on September 27, 2017, 05:04:52 AM
1). What is the total amount of tokens gonna be sold during ICO?
2). What is the total amount of tokens gonna be issued?

There are 3 billion tokens available for sale during the ICO period which is 28% of the total supply. It is the total amount that will be issued to participants after the crowdsale is finished. The remaining tokens are allocated for future sale, bounty, partners and devs.



That's absolutely correct.
In addition, 21% of the tokens are designated to the community writers that are rewarded for creating great content. This pool will also be used to reward developers that will contribute to our open-source algorithms. 
30% of the tokens are for future sale and are locked for 3 years.

Hi dev, what is the meaning of the future sale ? After three years, you're thinking of doing another ico ? This is something I have not seen so often in other projects. Obviously I wondered exactly why ?
Hey, the idea is to allow for continued development of the platform, according to the success in the first three years. Of course, we'll definitely be minding the token price and try to avoid big transfers of tokens at once.