As far as I understood you won't have an ICO? 13,5 mil tokens will be (or already was?) pre-mined for the needs of development and bounty, what's with the rest? I haven't yet seen a project that wouldn't have an ICO, that's something new. Could you guys elaborate a bit on that?
Hi wissy - You are right. The 13.5 mil tokens have been pre-mined for bounty and development purposes. Our litepaper has the detailed breakdown.
Our total supply is 100M Toorcoin and the remainder tokens will be minted over a period of 20 years through our unique reward staking mechanism. Via this mechanism, users are rewarded for holding Toorcoin in proportion to their holding size and holding duration, which is a key differentiation of Toorcoin. Hope this helps and please feel free to reach out or join our telegram group if you have any more questions.