Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][TWINS][MN/POS] No pre-mine, no-pre-sale, only bounties & airdrop
by
SunStruck
on 25/12/2018, 18:16:07 UTC
how will you distribute a pos coin without premine?
There will be only 6M coins allocated for the 6 seed node collateral in the genesis block. These seed nodes will generate almost 11M TWINS in the first day. All the rewards will be distributed to the community for their contribution. Community participants will setup their own nodes and will stake the coins. The wallets for seed nodes are in control by the developer fund, and with the time, the seed nodes will become a minority in the network, and their rewards together with the developer rewards will be used as a liquidity fund, as well as provide continual budget for the project development, maintenance and community incentivisation bounties.

How can we contribute ? Not many days left until the mainnet launch.

I would be interested in running some nodes.