Re: [ANN][PIRL] POW No premine No ICO

No pre-mine, no ICO. interesting

But a 16% developer fee at this time.

Where did you get that number?

total block reward : 12 PIRL
Miner reward : 10 PIRL /block
Masternode & dev : 2 PIRL/block (no masternode at this time)

It is not a fee, it is a fund, and explained in detail in the last community announcement:

https://forum.pirl.io/t/pirl-community-announcement/29

It's not a fund until it's under a multi-sig wallet with full governance. Until then call it what you will - it's a direct draw against the block reward into two wallets controlled only by the devs (at this time).