Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BEAM | Mimblewimble | Private | Scalable | No ICO | No Pre Mine
by
ExuraIco
on 16/01/2019, 19:40:01 UTC
Can You PLEASE specify MAX supply and emission in the OP
Do the early ''investors'' really get 20% of the CentralFUND?

No they don't. They get 40% of the treasury fund.


The treasury fund is 20% of all mined coins.

and 40% of that 20% is reserved for the private investors.
I reckon this project has done right. It never pretended to be anything that it is not... it's a startup business and startups need funds. We can all see the sheer amount of work going into this on a daily basis and as far as i am concerned, i can mine and my coins stay in my wallet it's all good. There is always a risk with a DAG like mimblewimble but with the funding this project has, it means they can choose which developers they want to assist when needed. I have every confidence in both grin and beam.
And of course, old skool pools like http://beam.sunpool.top really turn me on... its like 2011 all over again

Does this mean that 8% of all mined BEAM is paid out to the 13 Corporations in the 'Investors' section of the BEAM website every quarter year forever?