Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Snip - The Future of News on the Blockchain
by
inspiredinvestor
on 27/09/2017, 21:32:21 UTC
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.

nice sounds your thinking of sustainment and future improvements of snip. great to see some competition and crypto in the writing creation space.