Why is this listed as no premine when you can't mine the coin and the majority of the coins are already generated for this ICO.
I agree
Hey b20lopez,
There are no pre-mined, pre-generated or reserved coins at all since we are following a different concept.
Since our coin will represent a share in the company, it can't be mined but comes to existence through value transfer which is referenced in the transaction with a link to the actual transaction on the corresponding blockchain. We call this 'proof of value transfer'. Everyone will be able to review and verify all transactions.