Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SGL] Sigil - Decentralized, 0% Fee Crowdfunding
by
Sigil-Developer
on 11/01/2018, 15:56:00 UTC
6721   a11a37d0b9d67d3a86670df96336469b03f48ef26a9b25fa9fc6c596ce42d81b   1   25.00000000   Thu, 11 Jan 2018 15:46:41 GMT

Coin Supply (SGL) 2667540

I assume the full 6721 block belong to miner which is 6721x25=168025 coins

2667540-168025=2499515

2499515/2667540x100=93.7%

Means 6722 blocks onward developer control 93.7% of staked coin ?

Amazing...

To be fair we're haven't been staking most of them and are giving away 500,000 coins. Also we're being asked to front the costs for an exchange and crowdfunding site with no fees whatsoever or ICO, instead the team raising the funds on their own.