Post
Topic
Board Announcements (Altcoins)
Re: [ANN][WOLF] InsanityCoin - destructive coin for investors and traders
by
InsanityDev
on 19/02/2014, 19:13:23 UTC
who owns the genesis block coins

I "manage" them, not own.

The only people who own coins are the ones who have bought them. Any coins not bought in the allotted 9 week time slot get destroyed.

I own circa 6000 total. Which hopefully is fair, it'll be my reward at the end, if I don't give any more away for bounties. (I gave 1000 to poloniex as first exchange to add, and 1000 to the windows developer who compiled the windows qt client for me, I'm a linux man).

edit: it was block 1, not block 0, which had all the coins in it. 1,000,000 exactly. Block 0 also had a reward of 1 single coin, that cannot be redeemed or spent, an offering as is customary.