Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Sphere - Decentralized Social Networking >200,000 users
by
minernoob1
on 16/04/2018, 12:31:23 UTC
someone ask few days ago how many sat tokens will be burn?
still no answer?
one week after ico and no news about how many tokens will be distributed?
20%? 30%? 50%?
how many?

We won't have a concrete number until we're done distributing tokens. The amount of tokens we burn depends on how many tokens will be distributed. Any other number would be just a general guess.

This is because many users wish to hold their tokens instead of withdrawing, so that could cut the distribution numbers down considerably.


What exactly is being distributed? My friend buy in ICO and I think SAT tokens were transferred immediately to his account. I can check to make sure, but I am pretty sure that is what happened.