Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][ICO] Sphere - Decentralized Social Networking >200,000 users
by
marauder2018
on 19/04/2018, 06:13:32 UTC
Quote from: Warfare on April 17, 2018, 08:40:47 PM
Quote from: jville on April 17, 2018, 03:20:37 AM
Quote from: Sphere_Official on April 16, 2018, 06:42:27 PM

16.6% of the tokens were sold. So 48.4% of the token supply will be burned.

what happens to the other 35%?  Huh Huh
According to their whitepaper, 17% of tokens are reserved for the social network development, 8% for the bounty, 9% for the company and 1% for the team and advisory staff.
65% of available tokens were out for sale, 16.6% were sold, 65 - 16.6 = 48.4%.

sphere must pay you big bucks Smiley...it was sphere's job to explain but they don;t do..once again sphere have no skill in comunication with people