Quote from: ans34 on October 09, 2017, 01:52:03 PM

39.5Millions premine with 500 coins block reward and algorithm : scrypt - another not interesting coin for mining and investing

just want to clarify your statement
POW Block Rewards :
Premined ( Mined by core devs ): 2.000.000 LTK (0.2% from Total Supply )
Pre-launch Stage 1 : 5.000 LTK rewards per block ( < 5.000 blocks ) : 25.000.000 LTK (2.5% from Total Supply)
Pre-launch Stage 2 : 2.500 LTK rewards per block ( < 10.000 blocks ) : 12.500.000 LTK (1.25% from Total Supply)
Prelaunch funds will be used for developments, bounty, airdrop, and many activities ahead

total premined is only 2M coin, and about 70% is for airdrop and faucet. the rest coin spent for bounty program. i myself mining this coin on prelaunch, and the pre launch is announced via telegram. although its a bit late to be announced in bitcointalk, the whole rest of coin is mined fairly.

thanks.
wong fei aa