This project looks to be an interesting thing, but i'm wondering with 38B coin and only 8B being sold.. directly, 8B held by the company, 8B locked for Dev and remainder released in trenches
I see an issue in the 16B held by Dev and the company, I see no information about holding it in contract locked for periods of time, just the allocation.
I see no doubt in the persons if im honest, but I'm missing some direct information about why a dev wouldn't just blatantly dump as soon as the coin hits a few markets.
The 8 Billion ZED's reserved for developers, artists, bounties, and to support the community will be distributed to thousands of people - we hope! This will prevent a single developer from holding too many coins. Developers who hold a large quantity may be asked to sign an agreement not to sell for a certain period of time, ex. a year. The team working at ZEDNetwork believes in the coin, and they have shown commitment not to sell off all the ZED they acquire, as we are all in for the long run.
