Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Neos Rebranded - The official Donu launch thread! Details inside!
by
patrick.dane
on 18/09/2019, 07:44:39 UTC
What is the total coin supply?

6,540,456 DONU - You can find more information about the current chain and details at https://chainz.cryptoid.info/donu/ or https://blocks.donu.io

So out of 6.5 million total supply, you're reserving 2 million coins for team?

Out of 6.5 million total supply, we reserved 10% for the team which is 650,000.

If I'm not wrong, the images in OP says 2 million DONU have been allocated for: Legal, Hosting, Marketing, Expenses & Team.
In short, this is the supply that won't be available to anyone outside the team. Is that correct?

In short, yep that's correct.

Thank you.
It's funny how the whitepaper or the website doesn't say anything about the total supply. Also the 30% coin allocation for the team is outrageous! I wouldn't touch this project. Good luck!

The total supply changes daily as more blocks are generated, that's why it's not mentioned. Also, as I said earlier the 10% is for the team, the rest is for expenses and that allocation has paid for everything from the start of this project and continues to. Outrageous would be asking people to just hand us over everything for free without any payment or vested interest in our project. Bartering pre-mine versus using it to dump on the community as is typical practice by most is the proper way to use it. Hopefully that cleared things up for you a bit.

Yes, but 30%? Good joke. Good luck and good bye.