Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PRE-SALE] AcuteCoin.io | POW | POS | Masternodes - Trade, Mine be Social
by
TouchKeypad
on 19/06/2018, 04:01:37 UTC
What actually the purpose of pre-mining? is it important?
It is to raise development funding through crowdfunding distribution and a development fund. The pre-mined coins held by the team and primarily used to encourage early developers.
Oh, so the pre-mined coins are for sale and to reward early developers. am i right?

You are right, if they dont pre-mine, then how will they support the development.