Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BEAM | Mimblewimble | Private | Scalable | No ICO | No Pre Mine
by
dmitry555
on 14/07/2019, 07:31:20 UTC
Presale was or not?

The business was backed by investment prior to main-net launch.
see list of investors here : https://www.beam.mw/investors

pretty much all of the questions you may have can be answered by reading on the website or using the community chat bot in our telegram channel.

If you look up on this thread a couple posts there is a how-to guide to help you use the bot.

PreMine is obtained was? How then were the early investors sold?

I too do not understand.
If there were early investors, why write that there was no PreMine?
In the end, No Pre Mine - implies that there are NO early investors.

Cheating?

As a startup small business, the company received angel investment. This is what funds development in the early stages, to give developers a rewarding recompense for their hard work and efforts. No Beam coins were mined prior to mainnet launch - which is conducted via decentralised proof of work.

You can see the sheer volume of work that the Beam development team do at the github.



Please do not tell me about the hard work of developers.

I want to understand was PreMine?
Early investor gave money. What did they get in return? Coins BEAM?