Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ID] EVEREST - Elevating Humanity
by
Londondungeon
on 21/09/2018, 20:20:03 UTC
What is the percentage of the tokens that is available for the sale?And when is distribution of those tokens?

38% of the total supply of 800Million is available for sale

800 million will be circulating supply after end of the sale, or less?

I'm not 100% sure, but team has a right to sell reserves later?

I doubt that will be used for that,i see reserve used in marketing,or maybe even staking.

What is staking?

DEFINITION of 'Proof of Stake (PoS)' Proof of Stake (PoS) concept states that a person can mine or validate block transactions according to how many coins he or she holds. This means that the more Bitcoin or altcoin owned by a miner, the more mining power he or she has.

Basically you use some of your coins/tokens and stake them and get more as a reward.