Quote from: edenchainio on May 28, 2018, 07:45:51 AM

Update to the crowdsale, 3,230 ETH was raised in Round 1 and 810 ETH was raised in Round 2.

Based on this figure, ~10% of the hardcap was sold to the community.

Additional, despite the best effort of Edenchain team to shut down pools, there still remains some pools which exist that we do not have sufficient evidence to refund them. Hence, true allocation taken by the public is larger than 10% of the hardcap.

It is also important to note that based on Edenchain's tokenomics, the majority of the tokens will be used by enterprise users who are looking to tokenise their products and services on Edenchain platform. Enterprise users need the tokens as:
1. Service Deposit: A portion of tokens must be locked up to lower the risk of malicious users attempting to hog namespaces.
2. Transaction fees: Incurred for every transaction on Edenchain. Purpose is to compensate node operators for their services.

The general community who would likely use it for exchange fees or participation in future ICOs on the Edenchain platform.

In view of the potential use cases of the tokens, we view that the distribution was most appropriate. It should not be assumed that the larger the public distribution, the more equitable the token distribution is before you even critically analyse the use case of the tokens.

Lies. Based on those numbers you have only sold 4% of the total supply during both crowdsales.
If you want to refute me, show the complete numbers of the distribution. Don't come here to tell me it's 10% because yes.

And that isn't the only problem because, if you are going to release only 20% of the total supply each month, that would imply that only 1% of the total supply would be available for those who participated in the crowdsales at the beginning.

All this under the excuse that this way there won't be P&D. I think you are looking for the pump without the dump.