Re: ABJCOIN |Decentralized Blockchain Solution To facilitate Commerce In Africa

Quote from: vovannovig on November 26, 2017, 05:25:49 AM

We need to conduct an investigation to find out how many coins were thrown into the market and the developer tediously organize the ransom of these coins. Then the market is normal and the price will grow!

Quote from: Chicago on November 20, 2017, 11:45:58 AM

Quote from: Abjcoin Blockchain on November 20, 2017, 06:18:24 AM

Quote from: Chicago on November 20, 2017, 12:28:11 AM

Sorry, I didn't have time to read the whole thread. Why are 9 million ABJ mined in block #1 and why are 4.86 million of them still in wallet AasNs8GH2Gqm28CFnJCt7mLuPKrHrdWU8A?

http://abjcoin.io/address/AasNs8GH2Gqm28CFnJCt7mLuPKrHrdWU8A

Did everyone buy their ABJ from AasNs8GH2Gqm28CFnJCt7mLuPKrHrdWU8A who had a 100% premine??

30% ABj was premined and used for ICO(9,000,000). Out of it, some Abj are kept for other future purpose as stated in the white paper. Total Abjcoin supply is 30,000,000.

100% proof-of-work ABJ premine
dev dumped 4.139 million ABJ
dev still owns 4.86 million ABJ

Notice since that post, the developer has moved a lot of the coins and there are now just 193,134 ABJ sitting in the address.