Can someone explain to me why over 50% of the circulating supply, almost 25 million coins, are in a single address?
Is this the teams wallet? What's it being used for? Can anyone explain details over this mass holding?
The second biggest wallet excluding the burn address is 1.2million, significantly less.
thanks
The coins of ADZbuzz members deposited in web wallets are kept offline for security purpose. So this 24.4Mn coins belongs to members. The second address is the ADZcoin Burn address which represents 14.9Mn Ad Credits (coins burnt and taken off the market forever to create ad space on ADZbuzz Network) and others investors of ADZcoin hold.