Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] KUBITX - Cryptocurrency Exchange & Trading Platform
by
WhoWuWho
on 29/07/2018, 23:53:46 UTC
Too much tokens are going to the developers. How would this be not used when the coin is in pump? Is it locked for a certain period time via Smart contract? Is it already pre generated?

You can check the Whitepaper page 22 where it talks about the token distribution, it is also stated that team token is locked for 2 years.

Locking team token is a pretty good measure.

When team locks token for 2 years I believe the team, as this show dedication and trust that project will be successful and develop further even after 2 years.