Post
Topic
Board Altcoin Discussion
Re: High premines - what is your opinion about them?
by
NakiRR
on 06/01/2019, 12:15:38 UTC
Hello. I was wondering, what is your opinion about high premines? I'm thinking to launch a new coin, with a really, really high premine, like 90% - would that be a problem to you or not?

Personally I was really skeptical about high premines earlier, but after I've had my own first project - I have learned my mistakes. Never do a coin from your own funds unless you're a billionaire.

How would you react to a coin that has 90% premine? Would low supply to miners increase the price of a coin?
i think we need to know all token metrics and lock-ups to say something, but usually i don't like coins with a high quantity of premined coins, it is very risky to invest and correspondingly the price will not growing and liquidity will not be high.