PRiVCY are coins, not tokens. New coins are generated by POW ( proof of work, or mining with mainly ASIC's made by Baikal) and also by POS (proof of stake, generated by leaving coins in your wallet with it unlocked for staking. Currently at 10% rewards for the remainder of the first year) It's a common misconception that we are some kind of token, but we are an actual coin distributed through an airdrop, not a token distributed via ICO.