What is the KICK bonus emission and what is it for?Bonus emission intends to award KICK token holders.
Within two years after the ICO, on the last day of each month at 9:00 GMT (time X), starting from October 2017 and ending September 2019, all the addresses will receive bonus in accordance with the following parameters (the table shows the amount of the total supply of KICK, the bonus amount on a specific address is determined by the balance at the time X):
Date | Bonus,% | Bonus, KICK | Total supply, KICK |
OCT, 17 | 3.0 | 13 732 826,0352 | 471 493 693,8760 |
NOV, 17 | 2.0 | 9 429 873,8775 | 480 923 567,7535 |
DEC, 17 | 1.0 | 4 809 235,6775 | 485 732 803,4311 |
JAN, 18 | 0.5 | 2 428 664,0172 | 488 161 467,4482 |
FEB, 18 | 1.0 | 4 881 614,6745 | 493 043 082,1227 |
What is the purpose of this and how is it a reward? If every token holder gets the same bonus, it is only inflation. Theoretically zero-sum gain.