Quote from: robocop3 on February 06, 2018, 01:08:22 PM

Quote from: Kreds on February 05, 2018, 11:10:15 PM

Quote from: Ferminer on February 05, 2018, 09:30:32 PM

Quote from: Kreds on February 05, 2018, 07:47:19 PM

Quote from: V1perX on February 05, 2018, 07:41:51 PM

Premine 55% of all coin supply wtf? Just look at block 1 in explorer.

Users will need to earn Kreds on several sites (over many years), some our businesses, and then acquiring more utility with other websites. We have to supply the coins for these sites and that is from block 1. All of this will be explained as soon as our team is confident of the network and the proper services are up and ready.

Dev, you can explain why so much premine?

This premine will be used as another way to distribute coins to end users. Not all of the people are tech savvy, so for whose who don't know how or don't want to mine/run MN , they will be able to earn Kreds through sites which will be backed by those premined coins.

These coins are not for sell on first exchange we get listed, but to get people involved, who would not normally come to blockchain and crypto world.

it seems the dev team have plan to use the premine coins!
so good the plane but i not understand why for people who not normally come to blockchain and crypto world.

well not everyone who understand crypto!