Post
Topic
Board Altcoin Discussion
Re: High premines - what is your opinion about them?
by
taguig
on 06/01/2019, 14:38:56 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?

How are you going to gain trust if you will control all of the coins with nothing to give to the community, this is why I don't like airdrops they control the majority of the supply but they do not offer anything to investors and the industry.