Re: [ANN - NEW EXCHANGE] | www.CoinMarket.io | OFFICIAL THREAD
I'll give a short summary.
It's got an IPCO (Initial Public Coin Offering) in 2 phases, 1 before the launch wich finished now. And i wich started now to give non miners an option apart from exchanges to get coins.
These coins are released to the buyers over a course of 90 days (1.11% a day) to prevent instantly dumping everything. That's where the premine is going to
It's got an IPCO (Initial Public Coin Offering) in 2 phases, 1 before the launch wich finished now. And i wich started now to give non miners an option apart from exchanges to get coins.
These coins are released to the buyers over a course of 90 days (1.11% a day) to prevent instantly dumping everything. That's where the premine is going to
It's still a ultra-large premine (nothing can change that fact) and the devs must be ultra-greedy.
And the full content of that premine will go to the IPCO investors. I'll give you a little math with this.
109 bil total coins.
2.2 bil coins for IPCO1
3.25 bil coins for IPCO2
2.2+3.25=5.45
109/100=1.09 5.45/1.09=5% (the full premine)
And more math here
Cheers